CashWorth fails to provide ownership or executive information on its website.
CashWorth’s website domain (“cashworth.co”), was privately registered on July 25th, 2022.
CashWorth’s official FaceBook page was created on October 1st, 2022. This appears to be around the time CashWorth launched.
One name we can attach to CashWorth is Master Distributor “Coach” Raja Riaz.
Riaz was a promoter of the B4U Global, SR Group and Secure Reannex Ponzi schemes.
B4U Global was a Ponzi scheme pitching monthly returns of up to 20%.
Launched in 2020, B4U Global appears to have collapsed around mid 2021.
Heading up B4U Global was CEO Saifur Rehman Khan (right).
Khan was
arrested by Pakistani authorities
after B4U Global collapsed.
B4U Global victim losses were initially pegged at ~$46.7 million USD.
As of March 2022 Khan was in custody with a bail hearing pending. Pakistani authorities are
squabbling
over who should be leading the case.
SR Group appears to be a short-lived reboot of B4U Global. “SRG” stood for “Saif ur Rehman Group”.
Secure Reannex appears to be a clunky attempt to keep the “SRG” initials branding going.
Around mid 2022, victims of both B4U and SR Group were being funneled into Secure Reannex.
Secure Reannex pitched a 350% to 700% ROI over 3 to 5 years.
Attempts to visit Secure Reannex’s website today reveal the Ponzi scheme has collapsed.
For all intents and purposes, CashWorth appears to be yet another reboot of the same Ponzi scheme.
Further supporting this is CashWorth’s official FaceBook page being managed from Pakistan:
In an attempt to mask where the scam is being run from, CashWorth falsely claims it’s “an investment company based in the US.”
In addition to Pakistan, CashWorth also has ties to Dubai:
It seems Riaz Ahmed (and presumably other promoters) fled to Dubai after Secure Reannex collapsed.
Dubai is the
MLM crime capital of the world
. BehindMLM’s guidelines for Dubai are:
If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.
If you want to know specifically how this applies to CashWorth, read on for a full review.
CashWorth’s Products
CashWorth has no retailable products or services.
Affiliates are only able to market CashWorth affiliate membership itself.
CashWorth’s Compensation Plan
CashWorth affiliates invest cryptocurrency on the promise of advertised returns:
Earth – invest $50 to 1499 and receive 7% to 9% a month
Saturn – invest $1500 to $4999 and receive 8% to 10 % a month
Neptune – invest $5000 to $14,999 and receive 8.5% to 10% a month
Jupiter – invest $15,000 to $49,999 and receive 9% to 11% a month
Mars – invest $50,000 to $99,999 and receive 9.5% to 12% a month
Mercury – invest $100,000 to $149,999 and receive 10% to 13% a month
Venus – invest $150,000 or more and receive 12% to 14% a month
Note that CashWorth charges a 5% fee on all withdrawals.
The ML
🤖 Quick Answer
What is CashWorth and its connection to previous Ponzi schemes?CashWorth is an online platform with limited transparency regarding ownership and leadership. Its domain was privately registered in July 2022, with Facebook presence established in October 2022. Master Distributor "Coach" Raja Riaz, associated with the platform, previously promoted B4U Global and Secure Reannex Ponzi schemes, raising concerns about potential fraudulent operations.
Who was involved in B4U Global and what happened?
B4U Global, launched in 2020, was a Ponzi scheme offering monthly returns up to 20%, headed by CEO Saifur Rehman Khan. The scheme collapsed around mid-2021, causing approximately $46.7 million USD in victim losses. Khan was subsequently arrested by Pakistani authorities following the collapse.
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