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Viseming Review: 3.3% a day Boris CEO Ponzi scheme

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Viseming provides no information on its website about who owns or runs the company.

Viseming’s website domain (“viseming.com”) was privately registered on March 1st, 2021.

Despite only existing as of a few months ago, Viseming falsely represents on its wbesite that it has been around since 2017.

In an attempt to appear legitimate, Viseming provides a UK incorporation certificate for Viseming LTD.

Viseming LTD was incorporated on March 5th, 2021.

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.

Viseming’s official Facebook page is being managed from the Ukraine. This strongly suggests Viseming is also being operated from the Ukraine.

On YouTube Viseming represents it is run by CEO Karl Morris.

This is your typical Boris CEO production, shot in a rented office and featuring company branded flags and mugs.

At [1:54] in the video a laptop keyboard shows on screen. The keyboard layout is Cryllic, which is used in the Ukraine.

Boris CEO actors are a staple feature of Ukrainian and Russian scams.

At the time of publication Alexa ranks top sources of traffic to Viseming’s website as Russia (19%), Bangladesh (5%) and Egypt (5%).

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.

Viseming’s Products

Viseming has no retailable products or services.

Viseming affiliates are only able to market Viseming affiliate membership itself.

Viseming’s Compensation Plan

Viseming affiliates invest $50 or more on the promise of daily returns of up to 3.3%.

  • Standart 1 – invest $50 to $499 and receive 0.8% to 1% a day for 18 days
  • Standart 2 – invest $500 to $4999 and receive 1.2% to 1.4% a day for 38 days
  • Standart 3 – invest $5000 to $10,000 and receive 1.7% to 1.9% a day for 58 days
  • Professional 1 – invest $50 to $499 and receive 1.2% to 1.4% a day for 190 days
  • Professional 2 – invest $500 to $2999 and receive 1.7% to 1.9% a day for 190 days
  • Professional 3 – invest $3000 to $9999 and receive 2.1% to 2.3% a day for 190 days
  • Professional 4 – invest $10,000 to $49,999 and receive 2.6% to 2.8% a day for 190 days
  • Professional 5 – invest $50,000 to $500,000 and receive 3% to 3.2% a day for 190 days
  • Diamond USD – invest $10 to $1,000,000 and receive 3 to 3.3% a day for 100 days

Viseming solicits USD investment through Perfect Money. Various cryptocurrencies are also accepted.

Referral Commissions

Viseming 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.

Viseming caps payable unilevel team levels at forty.

Referral commissions are paid out as a percentage of funds invested across these twelve levels based on downline investment volume.

  • sign up as a Viseming affiliate and receive 6% on level 1 (personally recruited affiliates), 3% on level 2, 2% on level 3 and 1% on levels 4 and 5
  • generate $20,000 in downline investment volume and receive 6% on level 1, 3% on level 2, 2% on level 3, 1% on levels 4 and 5 and 0.5% on levels 6 and 7
  • generate $100,000 in downline investment volume and receive 7% on level 1, 4% on level 2, 2% on levels 3 and 4, 1% on levels 5 to 7 and 0.5% on level 9
  • generate $300,000 in downline investment volume and receive 8% on level 1, 4% on level 2, 2% on levels 3 and 4, 1% on levels 5 to 8 and 0.5% on levels 9 and 10
  • generate $500,000 in downline investment volume and receive 9% on level 1, 4% on level 2, 3% on level 3, 2% on level 4, 1% on levels 5 to 8 and 0.5% on levels 9 to 12
  • generate $800,000 in downline investment volume and receive 10% on level 1, 4% on level 2, 3% on level 3, 2% on level 4, 1% on levels 5 to 8, 0.5% on levels 9 to 13, 0.3% on level 14 and 0.2% on level 15
  • generate $1,500,000 in downline investment volume and receive 11% on level 1, 4% on level 2, 3% on level 3, 2% on level 4, 1% on levels 5 to 8, 0.5% on levels 9 to 13, 0.3% on level 14 and 0.2% on levels 15 to 17
  • generate $3,000,000 in downline investment volume and receive 12% on level 1, 5% on level 2, 3% on level 3, 2% on level 4, 1% on levels 5 to 8, 0.5% on levels 9 to 13, 0.3% on level 14 and 0.2% on levels 15 to 20
  • generate $5,000,000 in downline investment volume and receive 13% on level 1, 6% on level 2, 4% on level 3, 3% on level 4, 1% on levels 5 to 8, 0.5% on levels 9 to 13, 0.3% on level 14 and 0.2% on levels 15 to 25
  • generate $10,000,000 in downline investment volume and receive 14% on level 1, 7% on level 2, 5% on level 3, 4% on level 4, 1% on levels 5 to 8, 0.5% on levels 9 to 13, 0.3% on level 14 and 0.2% on levels 15 to 30 (level 40 also cited)

Downline investment volume is made up of investments by directly and indirectly recruited affiliates.

Joining Viseming

Viseming affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $50 investment.

Viseming solicits investment in USD through Perfect Money, as well as various cryptocurrencies.

Conclusion

Viseming represents it generates external revenue via cryptocurrency trading.

We work with all cryptocurrency pairs available on the exchange market.

The company earns on the cryptocurrency by changing its volatility within 24 hours to 15% – 50% – 100% and more!

No evidence of trading is provided. Nor is there any evidence of Viseming using external revenue of any kind to pay withdrawals.

The only verifiable source of revenue entering Viseming is new investment.

Using new investment to pay advertised returns makes Viseming a Ponzi scheme.

As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.

This will starve Viseming of ROI revenue, eventually prompting a collapse.

The math behind MLM Ponzi schemes guarantees that when they collapse, the majority of participants lose money.

The Blogger Scientist is a "Medical Physiologist" and a "Financial Asset" Content Creator who aims at enlightening web reader on varying Financial Assets such as Stocks, FX, Crypto, MLM,. HYIP among others.

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