On its website, Fundsz gives no information regarding the company’s ownership or management.
The Fundsz website domain (“fundsz.com”) was registered for the first time in 2020. The last change to the private registration was made on May 5, 2022.
The official Fundsz Facebook Group is moderated by Kim Diaz and Rene Larralde (right). Kim Diaz is a phony profile, whose picture is a stock image. According to his Facebook profile, Rene Larralde resides in the state of Florida.
Prior to Fundsz, Larralde ran Maxous.
According to the preceding marketing slide, Maxous was a membership-based pyramid scheme.
Five additional Fundsz administrators are disclosed in an official marketing presentation.
Fundsz looks to be led by JP Valcarce as Chairman of the Board.
Juan Pablo Valcarce (right) resides in Florida as well. I was unable to determine if Valcarce had an MLM background under any of his aliases. According to his LinkedIn page, from February 2019 to June 2021, Valcarce served as Vice President of Sales for an industrial goods company. He subsequently accepted his current role as Encompass Health’s Marketing Liaison.
Continue reading for a detailed analysis of Fundsz’s MLM potential.
Fundsz does not sell any goods or services.
Affiliates are only permitted to promote Fundsz affiliate membership.
Fundsz’s compensation plan:
Affiliates of Fundsz pay a monthly charge of either $10 for Silver membership or $30 for Gold membership.
Affiliates of Fundsz who pay more for Gold membership are eligible for additional bonuses.
This charge allows them to invest between $10 and $10,000. This is done on the promise of a passive weekly ROI in perpetuity.
Fundsz’s MLM component finances the recruitment of affiliate investors.
Affiliates of Fundsz pay monthly membership fees of between $10 and $30.
Fundsz offers a 13% commission on membership fees paid by affiliates directly recruited.
Affiliates receive 10% of the ROI payments made to affiliates individually recruited.
It indicates that residual commission is given on ROI payments through eight levels of recruitment. The official marketing presentation for Fundsz lacks specifics.
Fundsz finances residual commissions using membership fees collected on a monthly basis.
Fundsz pays residual commissions via a 48-matrix.
A 48 matrix places a Fundsz affiliate at the top of the matrix, followed by four positions:
These four positions comprise the matrix’s initial level. The second level of the matrix is produced by dividing these four places into four positions each (16 positions).
Similarly, levels three through eight of the matrix are constructed, with each successive level containing four times as many locations as its predecessor. Fundsz affiliates are recruited directly and indirectly to fill the positions in the matrix. On the fees paid by affiliates brought into your matrix, a residual commission of 7% is earned.
Matching Bonus (Car Bonus):
Fundsz affiliates are eligible for a 25% matching incentive on income made by affiliates personally recruited.
I am uncertain whether this excludes commissions or bonuses.
The Gold House Bonus membership Affiliates of Fundsz are eligible for a 4% House Bonus “paid down to infinity.”
Unspecified is how the housing bonus is actually handed out.
A Silver Fundsz associate membership costs $10 per month, while a Gold membership costs $30 per month.
A Gold membership is essential to qualify for all aspects of the Fundsz compensation plan.
Fundsz appears to have originated as a charitable-appearing donation program.
Donating to charity is one way that businesses, owners, and individuals give back to the community. Fundraising brings together like-minded, fervent individuals to support and raise awareness for a similar cause. We can help millions of people all over the world improve their finances and quality of life by working together!
Initially, the company proposed “peer-to-peer donation payments.” This company appears to have failed. While the pyramidal nature of monetary gifting continues, Fundsz conducts a bitcoin Ponzi scheme right now.
The pretext behind Fundsz’s Ponzi scheme is “staking.” That involves investing in a coin, storing it with a firm, and passively earning a return on investment.
Fundsz asserts that it achieves this for its investors, but provides no specifics.
Affiliate investment is the only provable source of revenue entering Fundz.
Fundsz’s passive investing opportunity represents a security offering, regardless of what they are or are not doing on the back end.
From what I can understand, the majority of Fundsz administrators and leaders reside in Florida. SimilarWeb reports that 61 percent of Fundsz’s website traffic originates in the United States.
In the United States, the SEC regulates securities, Fundsz and Juan Pablo Valcarce are not SEC-registered.
At best, Fundsz is illegally operating and conducting securities fraud.
Fundsz is, at worst, perpetrating securities fraud, operating a 3%-per-week Ponzi scheme, and committing securities and wire fraud.
The FTC Act is also violated by Fundsz’s MLM compensation plan’s pyramid structure.
Fundsz includes “wealth academy training” and a Facebook-like marketplace:
Attaching securities and/or wire fraud to a Ponzi scheme does not legitimate these crimes.
As with other MLM Ponzi schemes, when affiliate recruitment inevitably dries up, fresh investment will cease as well.
This will deprive Fundsz of ROI revenue, ultimately leading to its demise.
The mathematics underlying Ponzi schemes guarantees that the majority of participants will lose money upon their collapse.