Innova prelaunched on the website domains “8innova.com” and “innovabackoffice.com”.

Today both website domains are disabled without explanation.

As far as I can tell, Innova now operates from the website domain “innacademy.net”. This domain was privately registered on September 18th, 2024.

On its new website, Innova fails to provide ownership or executive information.

Further research reveals an official Innova marketing presentation citing the following executives and insider promoters:

Ivan Martinez – co-founder

Juan Fernando Franco Elcure, aka Juan Franco – co-founder

Juan Carlos Barrios – CVO

Juan Valderrama – Product Development and Master Trader

Jenn and Angel Carmona – Vice President for North America

Asdrubal Sanabria and Carolina Cruz – Vice President for LATAM

Javier Garcia Herreros – Master Distributor

Camila Morena – Master Distributor

Ivan Martinez and Fernando Franco are former promoters of
Be Club
, a pyramid scheme that migrated to securities fraud last year.

Martinez and Franco promoted Be Club through “Sky Team”, targeting Central and South American consumers:

Uruguay issued a
Be Club and Sky Team pyramid fraud warning
in April 2023. Multiple Be Club fraud warnings have been issued in other countries (
Canada
,
Colombia
and
Norway
).

As per the cited Innova executive marketing slide above, the company claims its headquarters are in Dubai.

Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as 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 Innova, read on for a full review.

Innova’s Products

Innova has no retailable products or services.

Affiliates are only able to market Innova affiliate membership itself.

Innova affiliate membership provides access to:

Inn-Academy – forex, stocks, crypto, e-commerce education platform

Inn-TV – “real-time learning” and “interactive session with industry experts”

Inn-Trade – trade alerts

Inn-Telligence – passive returns through “automated trading”

Inn-Travel – discount travel platform

Innova’s Compensation Plan

Innova’s compensation plan pays on recruitment of affiliates.

Innova Affiliate Ranks

There are eleven affiliate ranks within Innova’s compensation plan.

Along with their respective qualification criteria, they are as follows:

Inn 200 – generate 750 BV on both sides of your binary team

Inn 500 – generate 1500 BV and recruit and maintain one affiliate on both sides of your binary team

Nova – generate 5000 BV and recruit two affiliates on both sides of your binary team

Nova 5K generate 15,000 BV and maintain two personally recruited retail customers on both sides of your binary team

Nova 10K – generate 35,000 BV and recruit three aff

🤖 Quick Answer

What is Innova and its operational history?
Innova is a securities platform that initially operated through domains "8innova.com" and "innovabackoffice.com" before discontinuing service without explanation. The company subsequently relocated to "innacademy.net," registered privately in September 2024, currently lacking transparent ownership disclosures on its website.

Who are the identified executives and promoters of Innova?
Leadership includes co-founders Ivan Martinez and Juan Fernando Franco Elcure, Chief Vision Officer Juan Carlos Barrios, and Product Development head Juan Valderrama. Regional vice presidents comprise Jenn and Angel Carmona for North America, and Asdrubal Sanabria and Carolina Cruz for Latin America.

What regulatory concerns surround Innova's operational structure?
Innova exhibits characteristics associated with pyramid schemes, including domain migration, absent regulatory disclos

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