One of the unspoken rules of the MLM underbelly is that once tainted, a company name forever remains tainted.
Thus if the admin(s) of the original scheme which to defraud again, they need to come up with a new name.
The tainting of an MLM underbelly scheme typically comes about through regulatory intervention or the scheme collapsing.
JetCoin
collapsed recently due to the latter. And despite having only launched barely a month ago and the ashes of the original not even cooled, a new scheme bearing the same name has just been announced.
Read on for a full review of the JetCoin 2.0 MLM opportunity.
The Company
As with the original JetCoin 2.0 provide no information about who owns or runs the business on their website.
Scott Chandler, Greg Aggesen, Brett Robinson and Troy Redja, are widely cited by JetCoin affiliates as being at the top of the original’s investor base.
It is widely speculated that the trio had a hand in running the scheme, however I myself haven’t seen any concrete evidence of this.
Whether Chandler, Aggesen, Robinson and/or Redja are behind JetCoin 2.0 is unclear.
The JetCoin 2.0 website domain (“jet-coin.com”) was privately registered on May 7th, 2017.
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.
JetCoin 2.0 Products
JetCoin 2.0 has no retailable products or services, with affiliates only able to market JetCoin 2.0 affiliate membership itself.
The JetCoin 2.0 Compensation Plan
JetCoin 2.0 affiliates invest bitcoin on the promise of a daily ROI:
JC2 – 0.1 BTC
JC3 – 0.3 BTC
JC4 – 0.5 BTC
JC5 – 1 BTC
JC6 – 2 BTC
JC7 – 3 BTC
JC8 – 4 BTC
The daily ROI rate payable is tied to how much money personally recruited affiliates invest:
convince others to invest 1 BTC and receive 0.5% a day
convince others to invest 3 BTC and receive 1% a day
convince others to invest 5 BTC and receive 2% a day
convince others to invest 10 BTC and receive 2.5% a day
convince others to invest 15 BTC and receive 3% a day
At the time of publication there is no indication of a ROI cap provided on the JetCoin 2.0 website.
Residual Commissions
JetCoin 2.0 pay residual commissions via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note that there is no limit to how deep a binary team can grow.
At the end of each day JetCoin 2.0 tally up new investment volume on both sides of the binary team.
Affiliates are pai
🤖 Quick Answer
What is JetCoin 2.0 and its relationship to the original JetCoin?JetCoin 2.0 is a newly announced MLM scheme that emerged following the collapse of the original JetCoin platform. Despite minimal operational history of its predecessor, the rebranded scheme was announced shortly after, following a common pattern where compromised MLM operations adopt new identities to evade regulatory scrutiny and reputational damage.
Who operates JetCoin 2.0?
JetCoin 2.0 provides no publicly disclosed ownership or management information on its official website. Scott Chandler, Greg Aggesen, Brett Robinson, and Troy Redja have been identified in connection with the scheme, though complete operational details remain undisclosed to potential participants and regulatory bodies.
Why do MLM schemes rebrand after collapse?
MLM schemes typically rebrand following regulatory
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