SuperProfitShare, an online scheme offering 2% daily returns, registered its domain superprofitshare.com on September 17, 2012. The ownership details for the company remain private, with no information available on its website.
The SuperProfitShare program offers no tangible retail products or services. Instead, participants join for free and then purchase "positions" within the company's compensation structure. Each position includes advertising credits. These credits allow members to display ads on an internal network hosted on the SuperProfitShare website.
Each position costs $10. The company promises a 2% daily return on investment over 120 days, totaling a 240% return. SuperProfitShare also pays referral commissions. Members earn 6% on investments made by their direct referrals. A 3% commission applies to investments from second-level recruits, and 1% for third-level.
While membership is free, participants must invest at least $10. This investment is required to withdraw any funds, including earned referral commissions.
SuperProfitShare states it is "not an investment company or high yield investment program (HYIP)." This claim directly contradicts its guarantee of a "240% total return for each package" over 120 days. Product purchases do not generate investment returns. Only investments do. The company's own terms describe members buying "positions" in the compensation plan. This effectively creates a member-funded Ponzi scheme. New member investments fund the liabilities owed to existing investors. This model relies entirely on a continuous influx of new money.
The SuperProfitShare refund policy further supports this assessment. It states, "You buy advertising packages and are delivered instantly for use. So all sales are final. No refunds for any reason." If members truly purchased advertising credits, an unused portion would logically qualify for a refund. However, with investments shuffled into a Ponzi scheme, refunds become impossible. The scheme will halt once new investment ceases. A 2% daily liability makes this outcome likely to occur sooner rather than later.