Gold Miners Review: Gold investment Ponzi scheme

The Gold Miners website domain was registered on the 15th of January 2016, however the domain registration is set to private.

According to Panamanian registration documents provided on the Gold Miners Facebook page, the company is owned by David Aleman, Henry Aquiles Fonseca and Pedro Lara (President).

A PO Box address in Panama is provided on the Gold Miners website, suggesting the company exists there in name only.

I wasn’t able to find any additional information on Fonseca or Aleman, but Pedro Lara does have an active Facebook account. In it, he claims to be currently living in Panama City, Panama.

Here’s the thing though, Lara’s Facebook page was only created on or around April 6th, 2016. The only content published by the account is marketing material for Gold Miners.

What I also found was that pretty much all of the available promotional material about Gold Miners on the internet is in Russian.

This corresponds with traffic to the Gold Miners website, which Alexa currently estimates 53% of which originates out of Russia.

Much of the content on the Gold Miners website is in Spanish, so there’s probably also at least one link to a Spanish-speaking country in there somewhere too.

In any event, the combination of

two admins no information is available on

a suspicious newly-created Facebook profile for a third admin

Russian marketing and traffic and

company registration in a tax-haven with lax regulation

strongly suggests Gold Miners is likely being run out of Russia itself by person(s) unknown.

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.

The Gold Miners Product Line

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

The Gold Miners Compensation Plan

The Gold Miners compensation plan sees affiliates invest between $10 and $10,000, on the promise of an advertised minimum 0.6% daily ROI.

Gold Miners affiliates can purportedly increase this daily ROI rate by

spamming social media with their Gold Miners affiliate referral link (+0.1% daily ROI rate)

creating a YouTube video containing a Gold Miners affiliate referral link (+0.2% daily ROI rate)

creating a YouTube video showing how to invest funds in Gold Miners (+0.2% daily ROI rate)

creating a YouTube video showing ROI payouts from Gold Miners (+0.2% daily ROI rate)

creating a YouTube video review of Gold Miners (+0.3% ROI rate)

hosting offline Gold Miners recruitment events for groups of over 15 people (+1% daily ROI rate)

The ROI rate adjustments also dictate how many levels deep referral commissions can be earnt.

Referral commissions in Gold Miners are paid out 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 r

🤖 Quick Answer

When was the Gold Miners website domain registered?

Who are the registered owners of Gold Miners according to Panamanian documents?
According to Panamanian registration documents, Gold Miners is owned by David Aleman, Henry Aquiles Fonseca, and Pedro Lara, who serves as President of the company.

What business address does Gold Miners provide?
Gold Miners provides a PO Box address located in Panama on its official website, indicating the company maintains only a nominal presence in the country.

What information is available about Pedro Lara's online presence?
Pedro Lara maintains an active Facebook account created around April 6th, 2016, listing Panama City as his residence. The account primarily

🔗 Related Articles

- Lara With Me Review: Telegram-based Russian Ponzi community
- Business Bot Incubator Review: Lara With Me Telegram Ponzi clone
- Moe Diab secures dismissal of Allied Wallet indictment
- Agreed preliminary injunction entered against Eric Pinkston
- BidXcel Review: “Profit-sharing” done right?