Cashbery launched about a year ago and name Artur Vardanyan (Артур Варданян) as Chairman of the Board.

According to Vardanyan’s corporate bio;

in the past (he) held position of the head of the credit department and the deputy chief of the economic security service in one of the largest Russian banks.

Multiple incorporation documents are provided on the Cashbery websites, mostly in Russian.

There is the token UK incorporation for “Cashbery Limited” though.

Vardanyan (right) is listed as Cashbery Limited’s sole Director, however he’s cited as a UK resident.

The address provided for Cashbery Limited and Vardanyan is a random serviced office address in London.

So if that’s any indication, the rest of the incorporation documents are meaningless.

UK incorporation is dirt cheap and for the most part unregulated. It is a favorite for scammers looking to incorporate dodgy companies.

Possibly due to language-barriers, I wasn’t able to verify any external information on Vardanyan.

He does appear to be an actual person though and appears (or whoever is portraying him) in multiple Cashbery promotional videos.

Taking into consideration the native language of the Cashbery website being Russian, all of the company social media accounts using Russian, Russia being the top source of traffic to the Cashbery website (56%, Alexa) and Russian incorporation documents provided, it’s highly likely that Cashbery is being operated from within Russia itself.

Read on for a full review of the Cashbery MLM opportunity.

Cashbery Products

Cashbery has no retailable products or services, with affiliates only able to market Cashbery affiliate membership itself.

The Cashbery Compensation Plan

Cashbery affiliates invest funds on the promise of an advertised ROI:

Microloans – invest $17.54 to $526.29 and receive a ROI of up to 320% over 400 days

Loans to small and medium business – invest $526.31 to $3508.75 and receive a ROI of up to 360% over 400 days

Financing – invest $3508.77 to $10,526.29 and receive a ROI of up to 400% over 400 days

Cryptocurrency – invest 0.0103481 to 1.24177215 BTC or

0.13790471 to 16.54856534 ETH and receive a ROI of up to 400% over 400 days

Cashbery pay referral commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

Cashbery cap payable unilevel levels at five, with commissions paid out as a percentage of funds invested across these levels.

Microloan investments pay 3% on level 1 (personally recruited affiliates), 1% on level 2 and 0.5% on levels 3 to 5

Loans to small and medium business investments pay 3.5% o

🤖 Quick Answer

What is Cashbery and who founded it?
Cashbery is an investment platform launched approximately one year ago, founded by Artur Vardanyan, who serves as Chairman of the Board. Vardanyan previously held senior positions in Russian banking, including head of the credit department and deputy chief of economic security in a major Russian financial institution.

What incorporation documents does Cashbery present?
Cashbery provides multiple incorporation documents, predominantly in Russian language, on its official websites. The company also maintains a UK incorporation under the name Cashbery Limited, with Artur Vardanyan listed as sole Director, though incorporation details raise questions about legitimacy.

What concerns exist regarding Cashbery's UK registration?
Cashbery Limited's registered address is a serviced office location in London, a commercial accommodation rather than operational headquarters. This practice, combined with cheap UK incorporation costs, suggests

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