VRDa1 Review – Is VRDa1 Scam or Legit Property Point Scheme

Table of Contents

 

 

VRDa1 Review

VRDa1 affiliates invest in Property Points on the promise of an annual 7% to 12% ROI.

Property Points are invested into at $350 each.

Packages are also available, bundling Property Points at a discount:

  • Package 1 – invest $1750 and receive 5 Property Points
  • Package 2 – invest $3500 and receive 12 Property Points
  • Package 3 – invest $5250 and receive 19 Property Points
  • Package 4 – invest $7000 and receive 26 Property Points
  • Package 5 – invest $8750 and receive 33 Property Points
  • Package 6 – invest $17,500 and receive 72 Property Points
  • Package 7 – invest $35,000 and receive 150 Property Points

Corresponding investment sales volume (BV) for each of the above packs are as follows:

  • Beginner Pack – 450 BV
  • Pro Pack – 850 BV
  • Package 1 – 750 BV
  • Package 2 – 1500 BV
  • Package 3 – 2250 BV
  • Package 4 – 3000 BV
  • Package 5 – 3750 BV
  • Package 6 – 7500 BV
  • Package 7 – 15,000 BV

Returns and commissions paid to VRDa1 affiliates are split 70% cash and 30% in new property points.

VRDa1’s compensation plan pays commissions on recruitment of new affiliate investors.

Note that VRDa1 pays commissions based on BV, not actual amounts invested.

 

VRDa1 Sign up

VRDa1 fails to provide affiliate membership costs on its website.

I believe the most basic joining options are the Beginner and Pro Packs.

Outside of that we know investment costs range from $1750 to $35,000 across Packages 1 to 7.

 

Is VRDa1 Safe and Credible

In ascertaining the credibility of a platform before outrightly assuming that VRDa1 is scam or VRDa1 is legit is very discreet, this makes a lot of factors even the slightest one so so important.

A legitimate Platform will have contact details on its site. If it is just a web contact form, without an address, email, and phone number you should probably be wary. All genuine online platforms will be happy to help with any query.

VRDa1 provides no information on its website about who owns or runs the company.

The only names attached to the company are a group VRDa1 refers to as its “league of legends”; Waqas Suhail, Mahfooz Elahi, Saikat Kumar, Hussain Al Lawati, Mohammad Othman and M. Faisal Suhail.

 

Is VRDa1 Legit 

In a nutshell, VRDa1 is a bunch of LEO Ponzi scammers from the UAE, Pakistan and India, banding together to run their own scheme.

The ruse behind VRDa1’s Property Points is that they are tied to real estate in Dubai.

So the ruse goes, one Property Point is the equivalent of 1 sq feet of property in Dubai.

This of course is purely on paper, holding no legal weight outside of VRDa1 itself. Property Points are in effect Ponzi points, which VRDa1 pays a return on.

VRDa1 is not registered to offer securities in any jurisdiction, meaning the company at a minimum is committing securities fraud.

VRDa1 represents external revenue is generated through “rental yields”, which is baloney without audited financial reports.

Without those reports, the only verifiable source of revenue entering VRDa1 is new investment.

Given Waqas Suhail’s close involvement in scamming LEO investors, why VRDa1 chooses to commit securities fraud should be obvious.

 

Is VRDa1 Scam

Primarily, Xycinews Media contents is to give an overview of platforms and what they entails to help you decide if proceeding with them or Investing only what you can afford to lose.

  • Do you think VRDa1 is scam?
  • How you being defrauded?

With a lot of platforms on our desk to review for the general public, we might not be able to keep track of VRDa1 on a regular. Please help us by dropping a comment and this will help other potential investors from falling prey or proceeding to invest.

 

Disclaimer

This VRDa1 Review Article isn’t aimed at defaming VRDa1 nor is it targeted to promoting them. 

This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.

Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with us via the comments box below so as to further improve this VRDa1 review.

Team Xycinews is no third party and we can’t handle any queries whatsoever. 

 

Share on facebook
Facebook
Share on twitter
Twitter
Share on whatsapp
WhatsApp

About XYCINEWS