When I started researching this review, FXTV Global had a fully-functioning website in Spanish.
As it stands now FXTV Global has restricted access to their website.
Visitors to the FXTV’s website are presented with an affiliate login form. Public information about the company that was previously available appears to have been deleted.
With that out of the way, here’s what I was able to put together.
FXTV Global was co-founded by Daniel Grenon and unknown partners.
In FXTV Global’s compensation plan Grenon is credited as FXTV Global’s Chief Marketing Officer.
On the company’s official Facebook page however, Grenon is credited as a co-founder.
Daniel Grenon has a long history of participation and promotion of Ponzi schemes.
We first clocked Grenon back in 2016, in
conjunction with the OneCoin Ponzi scheme
.
Since then Grenon has fronted a number of short-lived MLM Ponzi schemes, including
Worldwide Cryptocurrency Investment
(mid 2017)
CGI Limited
(early 2018) and
Global Game Arena
(early 2019)
Grenon has a habit of running companies he’s involved in from the shadows. FXTV Global is no different, with Silvia Franch cited as CEO.
A few years back Franch was a distributor of
1Fashion Global
.
More recently Franch has gotten involved in cryptocurrency Ponzi schemes. Prior to FXTV Global, Franch was promoting
Arbistar
.
According to Franch’s Facebook profile, she’s based out of De Mallorca, Spain. This ties into FXTV Global’s website appearing natively in Spanish.
Daniel Grenon is based out of Quebec, Canada.
Read on for a full review of FXTV Global’s MLM opportunity.
FXTV Global’s Products
FXTV Global markets several investment packages:
Xtream 100 USD – $300 in fees plus investment
Xream 250 USD – $750 in fees plus investment
Xtream 500 USD – $1500 in fees plus investment
Xtream 1000 USD – $3000 in fees plus investment
Xtream 2000 USD – $6000 in fees plus investment
Xtream 5000 USD – $15,000 in fees plus investment
Xtream 10000 USD – $30,000 in fees plus investment
Xtream 20000 USD – $60,000 in fees plus investment
Xtream 30000 USD – $90,000 in fees plus investment
Xtream 50000 USD – $150,000 in fees plus investment
All fees and investments within FXTV Global are paid in bitcoin. No minimum investment amounts are specified.
FXTV Global investment packages each come with limited access to pirate streaming content.
After the bundled access has expired, FXTV Global sells continued access for $12.99 a month per device.
FXTV Global’s Compensation Plan
FXTV Global affiliates invest bitcoin on the promise of daily returns of up to 10%.
Commissions are paid when they recruit other affiliates and investors who do the same.
FXTV Global Affiliate Ranks
There are eleven affiliate ranks within FXTV Global’s compensation plan.
Along with their respective qualification criteria, they are as follows:
Affiliate – sign up to FXTV Global, pay your fees and invest
Xtream One – generate $10,000 in accumulated investment volum
🤖 Quick Answer
What is FXTV Global and who founded it?FXTV Global is a company co-founded by Daniel Grenon and unknown partners, operating through a compensation plan structure. The company initially maintained a Spanish-language website but subsequently restricted public access, limiting visitor information to affiliate login forms only.
What are the concerns regarding FXTV Global's legitimacy?
FXTV Global exhibits characteristics associated with Ponzi schemes, including restricted website access, deleted public information, and involvement of Daniel Grenon, who has a documented history of participation in fraudulent financial schemes since at least 2016.
What position does Daniel Grenon hold in FXTV Global?
Daniel Grenon holds conflicting titles within FXTV Global: officially listed as Chief Marketing Officer in the compensation plan documentation, while being credited as co-founder on the company's Facebook page, raising questions about organizational structure and
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