Fabulous Global Venture fails to provide verifiable ownership or executive information on its website.
A Fabulous Global Venture “Board of Directors” is presented, featuring people who have nothing to do with the company.
Fabulous Global Venture’s website domain (“fabulousglobalventure.io”), was privately registered on July 12th, 2023.
In the footer of Fabulous Global Venture’s website we find details for “Ping An”:
Ping An
is a Chinese conglomerate based out of Shenzen. Worth ~$136 billion as of March 2021, Ping An is the world’s largest insurer.
Needless to say, there is no evidence Ping An has anything to do with Fabulous Global Venture.
Instead, we likely have Chinese scammers operating out of Vietnam.
SimilarWeb tracked just ~350 visits to Fabulous Global Venture’s website for September 2023. 100% of these visits originated from Vietnam.
350 monthly website visits tells us Fabulous Global Venture hasn’t taken off since July. The figure is so low that most of those visits are likely to be admin related.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Fabulous Global Venture’s Products
Fabulous Global Venture has no retailable products or services.
Affiliates are only able to market Fabulous Global Venture affiliate membership itself.
Fabulous Global Venture’s Compensation Plan
Fabulous Global Ventures solicits investment USD equivalents in cryptocurrency.
This is done on the promise of advertised returns:
Basic Minting – invest $200 to $50,000 and receive 2.05% a day for 6 days
Standard Minting – invest $50,000 or more and receive 2.18% a day for 6 days
Basic Compound Minting – invest $10,000 to $50,000 and receive 2.1% a day for 28 days
Standard Compound Minting – invest $50,000 or more and receive 2.3% a day for 42 days
Fabulous Global Ventures pays referral commissions on invested cryptocurrency down three levels of recruitment (unilevel):
level 1 (personally recruited affiliates) – 2%
level 2 – 5%
level 3 – 12%
Note that this is at odds with Fabulous Global Venture’s advertised investment plans, which cite an 8% referral commission.
Joining Fabulous Global Venture
Fabulous Global Venture affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $200 investment.
Fabulous Global Venture solicits investment in various cryptocurrencies.
Fabulous Global Venture Conclusion
Fabulous Global Venture represents it generates external revenue via forex and crypto trading, “stock and commodities” and real estate investment.
No evidence of Fabulous Global Venture paying withdrawals with revenue generated from any of these activities is provided.
Between fake association with Ping An, a fake Board of Directors, fake external revenue ruses and other nonsense…
…everything on Fabulous Global Venture’s website appears to be a lie.
As it stands, the only verifiable source of reven
🤖 Quick Answer
Is Fabulous Global Venture a legitimate company?No. The company fails to provide verifiable ownership or executive information. Its board members have no connection to the organization, and the domain was privately registered in July 2023, raising credibility concerns.
What is the connection between Fabulous Global Venture and Ping An?
Ping An, a Chinese conglomerate worth approximately $136 billion, appears in Fabulous Global Venture's website footer. However, no evidence confirms any business relationship between the two entities.
Who operates Fabulous Global Venture?
Evidence suggests the operation involves Chinese scammers based in Vietnam, though definitive identification remains unconfirmed due to obscured registration and false board representation.
What website traffic does Fabulous Global Venture receive?
According to SimilarWeb analytics, the website attracted approximately 350 visits, indicating minimal legitimate audience engagement and
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