ZetBull provides no information on its website about who owns or runs the company.
ZetBull’s website domain (“zetbull.com”) was privately registered way back in May 2019.
The original version of ZetBull’s website was quite primitive:
The current version went live on or around March 2021.
In an attempt to appear legitimate, ZetBull provides UK incorporation details for ZetBull Limited.
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.
Finally ZetBull provides a marketing video on their website. The video was uploaded on June 19th and is the usual rented office production.
“Jack Pierce” is presented as a ZetBull senior manager. In the
marketing video
the actor playing Pierce has his likely Russian accent dubbed over.
I wasn’t able to ascertain the Pierce actor’s name. At [~0:40] into the video however another dubbed over actor appears:
“Sophie Cooper is played by Ekaterina Yakovleva, an actor from Moscow, Russia.
It follows that whoever put ZetBull together is thus also based out of Moscow, Russia.
Alexa currently ranks top sources of traffic to ZetBull’s website as Egypt (21%), Saudi Arabia (14%) and Russia (11%).
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.
ZetBull’s Products
ZetBull has no retailable products or services.
Affiliates are only able to market ZetBull affiliate membership itself.
ZetBull’s Compensation Plan
ZetBull affiliates invest $10 to $500,000 on the promise of advertised returns.
The longer a ZetBull affiliate invests for, the higher the paid return:
2.1% a day for 20 days
2.5% a day for 35 days
650% after 35 days
3.5% a day for 55 days
1500% after 55 days
3000% after 70 days
6500% after 100 days
Note that while investment amounts are quoted in USD, ZetBull only solicits investment in cryptocurrency.
ZetBull pays referral commissions on invested funds down three levels of recruitment (unilevel):
5% on level 1 (personally recruited affiliates)
2% on level 2
1% on level 3
Joining ZetBull
ZetBull affiliate membership is free.
Full participation in the attached income opportunity requires an initial $10 to $500,000 investment.
ZetBull solicits investment in tether, bitcoin, litecoin, bitcoin cash, ethereum and dash.
ZetBull Conclusion
ZetBull is yet another Boris CEO Ponzi scheme out of Russia.
The company represents it generates external revenue via
Trading on the stock market, the Forex market, and cryptocurrency exchanges.
No evidence of trading is provide
🤖 Quick Answer
# ZetBull Review: 6500% ROI Boris CEO Ponzi scheme
What information does ZetBull disclose about company ownership and management?
ZetBull provides no publicly available information on its website regarding the identity of company owners or executives responsible for operations and strategic decisions.
When was the ZetBull domain originally registered?
The domain "zetbull.com" was registered with private registration settings in May 2019, obscuring the registrant's identity from public WHOIS databases.
What changes occurred to ZetBull's website between 2019 and 2021?
The original website featured a primitive design until March 2021, when a substantially redesigned version was deployed to present a more professional appearance to potential investors and clients.
Why is UK incorporation viewed as problematic for MLM companies?
UK incorporation involves minimal costs and regulatory oversight, while
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