Siemens VIP fails to provide ownership or executive information on its website.
Siemens VIP’s website domain (“siemensvip.cc”), was registered with bogus details on September 19th, 2024.
Siemens VIP has already attracted the attention of financial regulators. The Central Bank of Russia issued a
Siemens VIP pyramid fraud warning
on October 18th, 2024.
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.
Siemens VIP’s Products
Siemens VIP has no retailable products or services.
Affiliates are only able to market Siemens VIP affiliate membership itself.
Siemens VIP’s Compensation Plan
Siemens VIP affiliates invest tether (USDT). This is done on the promise of advertised returns:
VIP1 – invest 10 USDT and receive 2 USDT a day
VIP2 – invest 90 USDT and receive 18.9 USDT a day
VIP3 – invest 390 USDT and receive 85.8 USDT a day
VIP4 – invest 990 USDT and receive 247.5 USDT a day
VIP5 – invest 1900 USDT and receive 494 USDT a day
VIP6 – invest 4900 USDT and receive 1323 USDT a day
VIP7 – invest 9900 USDT and receive 2970 USDT a day
VIP8 – invest 19,000 USDT and receive 6650 USDT a day
VIP9 – invest 49,000 USDT and receive 19,600 USDT a day
VIP10 – invest 99,000 USDT and receive 49,500 USDT a day
The MLM side of Siemens VIP pays on recruitment of affiliate investors.
Referral Commissions
Siemens VIP pays referral commissions on invested USDT down three levels of recruitment (unilevel):
level 1 (personally recruited affiliates) – 12%
level 2 – 3%
level 3 – 1%
Downline Investment Bonus
Siemens VIP pays a bonus on downline investment quotas:
generate 5000 USDT in downline investment and receive 150 USDT
generate 10,000 USDT in downline investment and receive 350 USDT
generate 30,000 USDT in downline investment and receive 750 USDT
generate 50,000 USDT in downline investment and receive 1500 USDT
generate 80,000 USDT in downline investment and receive 3000 USDT
generate 100,000 USDT in downline investment and receive 6000 USDT
Joining Siemens VIP
Siemens VIP affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 10 USDT investment.
Siemens VIP Conclusion
Siemens VIP is yet another “click a button” app Ponzi scheme.
Siemens VIP misappropriates the name and branding of Siemens, a a German multinational technology conglomerate.
Needless to say Siemens VIP has nothing to do with Siemens the German company.
Siemens VIP doesn’t bother coming up with a ruse. This makes it a typical “task-based” Ponzi scheme.
The assigned task in Siemens VIP is “orders”. This sees Siemens VIP affiliate investors log in daily to “click a button”.
Clicking the button daily qualifies Siemens VIP investors to receive daily returns.
Beyond that clicking a button inside Siemens VIP does nothing, there is no external revenue. All Siemens VIP does is recycle newly invested funds to pay earlier investors.
🤖 Quick Answer
What is Siemens VIP?Siemens VIP is an online investment platform operating under a multi-level marketing structure, registered with the domain siemensvip.cc since September 2024. The platform claims to offer investment returns through cryptocurrency investments in Tether (USDT), requiring affiliates to recruit new members for commission structures.
Why did financial regulators issue warnings about Siemens VIP?
The Central Bank of Russia issued a pyramid fraud warning against Siemens VIP on October 18th, 2024. The platform exhibits characteristics typical of Ponzi schemes, including lack of legitimate products, reliance on recruitment revenue, and absence of transparent ownership information.
What products does Siemens VIP offer?
Siemens VIP offers no retailable products or services. The platform's only marketable offering is affiliate membership itself, which requires financial investment.
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