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Wealth Boss Review – Hybrid Ponzi Pyramid Scam

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Welcome to my Wealth Boss Review. Wealth Boss comes out of the ashes of collapsed ponzi Eyeline Trading. When Eyeline started to collapse, ponzi boss Dan Putnam knew that it was time to launch a brand new scheme under the knew name Wealth Boss.

Wealth Boss recycles member funds through daily ponzi returns plus an illegal 3X12 Pyramid scheme matrix. It differs from Eyeline Trading which used a ponzi structure only. Both types of scheme are illegal and cannot be sustained without collapse. It’s rare to see a scheme that is a ponzi AND a pyramid at the same time.

Some people think that scammy programs like this are normal, which is pretty concerning. I had a guy criticize me on youtube because he was earning money with whatever ponzi scam he was invloved in. The fact that most people stand to lose a lot of money did not bother him, as long he as he pulled out his “profit” in time. Legitimate programs and legitimate marketing still works better than illegal schemes and you have the bonus of being able to sleep well at night. I really hope we don’t get to a point where people think ponzi schemes and pyramid schemes are the only way to make money online. If you are sick of scams and want to check out something that has been paying weekly for over 7 years, check out this for a legitimate way to make money online.

[/et_pb_text][et_pb_text _builder_version=”3.19.3″]Wealth Boss products are known as BTC packs. You buy a pack with $40 worth of bitcoin and you can buy as many as you want. You earn up to 0.66% per day on half of your pack value. The other half feeds into a pyramid cash gifting scheme and a unilevel MLM compensation plan.  have commissions for retail sales. They also have a networking marketing compensation plan, that rewards affiliates with residual income.

Affiliates will send me hate mail over this review, but I really don’t care. The fact remains that Wealth Boss is NOT one of the many legitimate ways to make money onlineI do not promote, nor I am I affiliated with Wealth Boss.

Success Factory Review – Summary

Key Figures: Dan Putnam

Product Type: Crypto Ponzi MLM.

Summary: To earn you must invest is one of the “courses”. You can also earn by referring other people to Success Factory.

Affiliates earn from a percentage from direct sales.

They also have a MLM compensation plan to pay residual income.

See The Comp Plan Here.

Wealth Boss is a scam that actually combines a ponzi model with a pyramid scam.

If you have any sense you will stay away.

Imploding soon.

Rating: F

Verdict: Dirty ponzi scam.
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Quick Navigation

What Is Wealth Boss?

Wealth Boss is a crypto ponzi scam which combines a pyramid scheme into it’s compensation plan. It was created as a standby whilst Putnam’s previous ponzi, Eyeline Trading collapsed. Now that Eyeline Trading is dead all the ponzi pushers have moved over to Wealth Boss. It goes without saying that Wealth Boss will collapse also and most people will lose their money. The sneaky owners and top promoters will probably make off with the loot in time. I really hate these schemes.

To participate in this retched program you purchase BTC packs. You get paid daily returns on your investment. As with all ponzis, there is no real profits so these returns are just re-shuffled investor funds. Half of investor funds will flow through the pyramid scheme compensation plan to reward recruiters. The average punter will lose everything as it will become impossible to withdraw at some stage.

People love these get rich quick schemes. Most people fall for the hype of big money over night. Even worst the keep repeating the same mistakes whenever a new scheme pops up. It really puzzles me. Did you know that you could probably make more money with a legitimate program because you don’t have keep restarting from scratch.

Whilst, I am pretty happy with the income from my top way to make money online. I am still going to do a thorough examination of Wealth Boss.
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  • Purchased for $40 worth of Bitcoin

Daily ROI of up to 0.66% per day is paid out on packages.

Compensation Plan

Direct Sales

Affiliates earn  up to 20% on CV of Personal sales and up to 5% of CV on team sales.

The rate paid depends on the requirements in the following table.

Rank Qualification Levels Paid Direct Bonus
Free Member 0 10%
Trader Min 1 E Block 2 20%
1 Star 1 Personal Trader 3 20%
2 Star 2 Personal Traders 4 20%
3 Star 3 Personal Traders 5 20%
4 Star 4 Personal Traders 6 20%
5 Star 5 Personal Traders 7 20%
Diamond 6 Personal Traders 8 20%
Blue Diamond 7 Personal Traders (inc 3 Diamonds) 10 20%
Black Diamond 8 Personal Traders (inc 3 Blue Diamonds) 12 20%

Pyramid Matrix Commissions

Level Qualification Personally Enrolled Traders Matrix Commissions
1 Trader 0 2%
2 Trader 0 2%
3 1 Star 1 2%
4 2 Star 2 2%
5 3 Star 3 2%
6 4 Star 4 2%
7 5 Star 5 2%
8 Diamond 6 3%
9 Blue Diamond 7 With 3 Diamonds 3%
10 Blue Diamond 7 With 3 Diamonds 3%
11 Black Diamond 8 With 3 Blue Diamonds 3%

Matching Bonus

Generation Blue Diamond Black Diamond
1 5% 5%
2 5% 5%
3 5% 5%
4 5%
5 5%

What I Like About Wealth Boss

 

Passive Crypto

We will need to temporarily ignore that fact that Wealth Boss is a scam for this part, so here goes! Basically the only good part is that you can easily accumulate crypto for the time that this scheme lasts. If you do get involved, you should make sure that you wihdraw regularly because Wealth Boss won’t be around for long.

What I dislike about Wealth Boss

It’s A Ponzi Scam Run By a Serial Ponzi Promoter

Dan Putnam will do anything for money, even if it means people always get hurt and lose money.  He has made millions promoting ponzi scams like Wealth Boss and Eyeline Trading. The authorities cannot pin him down, so don’t expect him to stop. I honestly don’t know how he can look at himself in the mirror. Oh well money is money, I guess.

It’s Also A Pyramid Scam 

Well if you are going to run a scam why not do it right by being a ponzi AND pyramid scam simultaneously. The matrix part of the compensation plan is an illegal pyramid. Not that it matters as the authorities will be slow to do anything. By the time they get involved Putman will be into his third scam no doubt. The victims will probably signing up for it too, believe it or not!

The Real Deal With Wealth Boss

Disgusting scam that will collapse before the year is out

Verdict

Stay Away, warn your friends!, I give it a F.

#theprelaunchinspector

Julian Leahy

The Prelaunch Inspector

How I Make A Living

I have developed a strategy using a legitimate affiliate program that allows me to hangout at home with the kids all day.

2 Comments

  1. Trond Eriksen

    Hi Julian I signed up to My Lead Gen Secret. think this can suite me well 🙂

    You said something about getting some good emails to start out with so I can get a good start. have not resived them yet 🙂

    Just a quick question. Do you have any surgestions on what type of products beside My lead Gen Secret so send to this leads?

    Cheers
    Trond

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