Digimond Group operates in the MLM sectors of FX and cryptocurrency trading. On its website, the firm does not reveal its corporate address.
Digimond Group claims to be a sales and marketing consultancy organization established in Europe for the past 23 years.
Digimond Group’s website domain was registered only a few months ago.
The digimondmnc.com domain name was registered on February 2, 2022.
The proprietor is given as Elisa Solon Torrevillas with an incomplete address in Cebu, Philippines.
The website’s technical contact is “Rajesh R” with an incomplete address in India.
The co-founder of Digimond Group is “Ronald Roque.”
Roque is portrayed by a head that has been Photoshopped onto a suit.
Roque is featured on the website of DigiMond Group in a digitally altered workplace shot.
Ronald Roque does not exist. Eric Jerome Miguel, the faceless CEO of Digimond Group, likewise appears to be nonexistent.
If an MLM firm is not transparent about who runs or controls it, you should always think twice before joining and/or contributing money.
Digimond Group’s Merchandise
Digimond Group does not provide any items or services for sale.
Affiliates are only permitted to promote Digimond Group affiliate membership.
Compensation Plan at Digimond Group
Affiliates of Digimond Group invest capital on the promise of a monthly or yearly return:
Plan 1 – invest $62.50 and earn a monthly 10% return for a year.
Plan 2 – Invest $125 and get 5% after one month, 7% after three months, 9% after six months, and 12% after twelve months.
Plan 3 – Invest $375 and get 7% after one month, 9% after three months, 12% after six months, or 16% after twelve months.
Plan 4 – Invest $1125 and get 9% after one month, 11% after three months, 14% after six months, or 21% after twelve months.
Plan 5 – Invest $3,375 and get 12% after one month, 14% after three months, 17% after six months, or 28% after twelve months.
Plan 6 – Invest $10,125 and get 15% after one month, 17% after three months, 20% after six months, and 35% after twelve months.
Note that funds are unavailable for the duration of the specified investment term (1 month, 3 months, 6 months, or 12 months).
Note that it looks that Digimond levies a 20% fee on all withdrawal requests.
The MLM division of Digimond Group is compensated for recruiting affiliate investors.
The Digimond Group Affiliate Positions
In Digimond Group’s compensation structure, there are twelve affiliate levels.
In addition to their specific eligibility requirements, they are as follows:
Affiliate – Become a Digimond Group affiliate and invest.
Topaz – profit $5000
Earn $10,000 as Sapphire
Ruby – make $30,000
Invest in Pearl – earn $50,000
Onyx – acquire $100,000
Obtain $250,000 if you are Jade.
Emerald – generate $500,000
White Diamond – Earn One Million Dollars
Blue Diamond – Earn $2.5 Million
Black Diamond – Earn $5 Million
Diamond Crown – Earn Ten Million Dollars
Although Digimond Group does not clarify, I assume these earnings include ROI payments and commissions collected.
Digimond Group gives a 5% referral fee on monies invested by affiliates directly recruited.
The commissions paid by Digimond Group are based on a binary compensation scheme.
A binary compensation system sets an affiliate at the head of a two-sided (left and right) binary team:
The initial level of a binary team contains two places. The second level of a binary team is formed by dividing the initial two places into two additional positions (4 positions).
As necessary, successive levels of the binary team are constructed, with each new level containing twice as many slots as the preceding level.
The binary team is staffed through direct and indirect recruiting of affiliates. Note that there is no limit to a binary team’s depth.
After each week, Digimond Group tallies the volume of new investments on both sides of the binary team.
10% of cash invested on the weaker binary team side is the residual commission.
Once investment volume has been paid out, it is matched against the stronger binary team side and flushed.
Any remaining volume is carried forward to the next week.
Rank Achievement Bonus
Affiliates that qualify for Topaz or above are rewarded by Digimond Group with one-time Rank Achievement Bonuses:
if you qualify at Topaz, you will get $1,000
achieving Sapphire status and receiving $2,000
qualifying at Ruby and obtaining $5,000
if you qualify at Pearl, you will win $10,000
achieving Onyx status and receiving $20,000
if you qualify at Jade, you will get $50,000
achieving Emerald status and receiving $100,000
achieving White Diamond status and receiving $200,000
achieving Blue Diamond status and receiving $500,000
achieving Black Diamond status and receiving $1,000,000
achieving Diamond Crown status and receiving 2,000,000
Integrating Digimond Group
Membership as a Digimond Group affiliate is free.
Minimum participation in the associated income opportunity demands an investment of $62.50.
Digimond Group Endnote
Digimond asserts that it produces external money through AI forex and cryptocurrency trading.
Digimond Group gives no proof that affiliate withdrawals are funded by trade or external income.
Additionally, Digimond Group’s passive returns constitute an obvious securities offering.
Digimond Group cannot offer proof that it is registered with financial regulators in the Philippines, India, or any other country.
Digimond Group is committing securities fraud at the very least if it does not comply.
Currently, the only confirmed revenue entering Digimond Group is investment capital.
Digimond Group is a Ponzi scam since it uses new capital to pay returns. Since nothing is offered or sold to retail clients, the MLM aspect of Digimond Group adds another layer to the pyramid scam.
As with other MLM Ponzi schemes, the fresh investment will cease once affiliate recruitment dries up.
This will deprive Digimond Group of ROI money, ultimately leading to its demise.
The mathematics behind Ponzi schemes ensures that when they fail, the vast majority of participants will lose money.
Good luck getting your money back from executives of the Digimond Group that do not exist and have been Photoshopped.