Ulix7 fails to provide verifiable ownership or executive information on its website.
Ulix7’s website domain (“ulix7.com”), was privately registered on July 22nd, 2023.
Over on YouTube, Ulix7 has a marketing video featuring “Ronald”:
Ulix7 credits Ronald as CEO of the company in the video description and on their website.
Ronald however doesn’t seem to know he’s CEO, and introduces himself only as a “Company Director”.
Ronald of course doesn’t exist. He’s a fictional executive played by UK resident
Oliver Haydon
(aka Oli Haydon).
Haydon, among other things, is an actor. You can see some of his work at the defunct
Pint Sized YouTube channel
.
In a further attempt to appear legitimate, Ulix7 provides an incorporation certificate for Ulix Limited.
Ulix Limited was incorporated in the UK on February 14th, 2022.
An MLM company operating or claiming to operate out of the UK is a red flag.
UK incorporation is dirt cheap and
effectively unregulated
. On top of that the FCA, the UK’s top financial regulator,
do not actively regulate MLM related securities fraud
.
As a result the UK is a favored jurisdiction for scammers looking to incorporate, operate and promote fraudulent companies.
For the purpose of MLM due-diligence, incorporation in the UK or registration with the FCA is meaningless.
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.
Ulix7’s Products
Ulix7 has no retailable products or services.
Affiliates are only able to market Ulix7 affiliate membership itself.
Ulix7’s Compensation Plan
Ulix7 affiliates invest USD equivalents in cryptocurrency. This is done on the promise of advertised returns:
A-1 – invest $25 to $150,000 and receive 1.5% a day for 15 days
B-2 – invest $1000 to $150,000 and receive 2% a day for 15 days
C-3 – invest $5000 to $150,000 and receive 3% a day for 15 days
The MLM side of Ulix7 pays on recruitment of affiliate investors.
Ulix7 Affiliate Ranks
There are five affiliate ranks within Ulix7’s compensation plan.
Along with their respective qualification criteria, they are as follows:
Standard – sign up as a Ulix7 affiliate
Progressive – generate $3000 in downline investment volume
Master – generate $10,000 in downline investment volume
VIP – generate $25,000 in downline investment volume
President – generate $50,000 in downline investment volume
Referral Commissions
Ulix7 pays referral commissions 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 recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Ulix7 caps payable unilevel team
🤖 Quick Answer
Is Ulix7 a legitimate investment company?Ulix7 lacks verifiable ownership information and uses a fictional CEO identity portrayed by UK actor Oliver Haydon. The company's domain was privately registered in July 2023, and promotional materials contain inconsistencies regarding executive roles, raising significant concerns about legitimacy and regulatory compliance.
Who is the CEO of Ulix7?
Ulix7 credits a person named "Ronald" as CEO, but this is a fictional identity played by UK resident Oliver Haydon, a professional actor. The actual person introducing himself in promotional videos identifies only as "Company Director," creating discrepancies in official company representation.
What red flags indicate Ulix7 might be a Ponzi scheme?
Red flags include unverifiable ownership, use of fictional executives, private domain registration, inconsistent role descriptions, and claims of consistent daily returns of 3%, which are
🔗 Related Articles
- BeOnWise Review: 2.77% a day Boris CEO Ponzi scheme
- Fidocap Review: Boris CEO trading ruse MLM Ponzi
- GoBets Review: Football themed MLM crypto Ponzi
- Fintoch Review: Boris CEO MLM crypto Ponzi targeting Asia
- Forrise Review: “Consolidated financial flows” Ponzi
