7 Rings Of Wealth Review – Good Opportunity Or Big Scam?

7 Rings of Wealth ReviewHave you been hearing a lot about 7 Rings Of Wealth lately?

There is a lot of hype happening for 7 Rings Of Wealth, and people are pitching the opportunity all over the place – especially on social media.

The first thing I should tell you is that I am not associated with 7 Rings Of Wealth in any way.

I have gathered all the pertinent facts about this opportunity in my 7 Rings Of Wealth Review so that you can know the full truth before signing up.

Is 7 Rings Of Wealth a scam? Or is it really legit?

Will I be able to make real money with it?

I tell you all in my Review of 7 Rings Of Wealth.

Let’s get going!

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What Is 7 Rings Of Wealth Exactly?

On the official website for 7 Rings of Wealth, you won’t find any information in the slightest in regards to who’s running the company, where it’s based out of, when it was launched, and more.

I tried looking in ever nook and cranny for 7 Rings of Wealth’s site for this info, but despite this, I still came up empty-handed.

The domain name for 7 Rings of Wealth’s website was registered on February 15, 2017, but the private nature of the registration prevents me from seeing who the owner of the domain is or where they were when they completed the registration.

During all of my searching, I came across some copy on the 7 Rings of Wealth website that references something called, “The Nation” —

“The being earning Patronage Refunds in the 7 Rings of Wealth Crowdfunding project for ‘The Nation’, simply click on the Signup button and get started today.”

In addition to this, the footer of the site also names a company called, “CollaborateUSA, LLC.”

I headed over to CollaborateUSA’s website after coming across this, and this is where I found an explanation for just what “The Nation” actually is.

“We choose to govern as a Collaborative Commonwealth, a league, or confederacy of independent persons and businesses (Members), where each individuals Member has one voice and one vote, is sovereign and may opt-out without duress or resource should the Collaborative Commonwealth cease to align with their individual rights and ideals.

That all Members of the Nation shall be Members of Collaborate CoOp, a cooperative association.

That those Member who voluntarily choose to may purchase ownership in Collaborative CoOp by paying a one-time Share Fee of $240 (called a Share Member), and may vote for a Board of Directors of Collaborate CoOp who shall represent the Members in contract and governance.

The Board of Directors shall route annually as per the Bylaws of the cooperative association.”

If this sounds like nothing more than sovereign citizenship mumbo jumbo, that’s because that’s all it is.

There’s no real indication as to who’s running this whole setup, but the 7 Rings of Wealth website does say that, “the latest innovation of the popular Collaborative CoOp Community known as #The Nation.”

7 Rings of Wealth Scam

What Will I Be Selling With 7 Rings Of Wealth?

With 7 Rings of Wealth, you won’t find any goods or services being marketed or sold to retail customers. Absolutely no retail sales activity is taking place here, and this is a rather common thing to find with these sort of opportunities.

When someone does decide to join 7 Rings of Wealth, their affiliate membership comes with access to various webinars that cover a wide array of different topics, such as health, income, family, leisure, etc.

What Should I Know About The Compensation Plan For 7 Rings Of Wealth?

On the money-making side of things, affiliates within 7 Rings of Wealth spend their time doing nothing but recruiting more and more people into the opportunity.

A 2×7 matrix system is used to mitigate all of this cash gifting, and affiliates get started with it by handing over $5 to the person that initially got them to join 7 Rings of Wealth.

Once this payment is sent, the affiliate that gifted it is then eligible to receive that same amount ($5) from two other people that join the company after them.

From here, the remaining six levels function in a very similar manner.

You gift money to an affiliate, and as such, you get some in return.

For the sake of making this review as detailed as possible, here’s how those other levels function —

  • Level 2 — Affiliate gift $5 and receive the same amount from four other members
  • Level 3 — Affiliates gift $10 and receive the same amount from eight other members
  • Level 4 — Affiliates gift $40 and receive the same amount from sixteen other members
  • Level 5 — Affiliates gift $100 and receive the same amount from thirty-two other members
  • Level 6 — Affiliates gift $500 and receive the same amount from sixty-four other members
  • Level 7 — Affiliates gift $2500 and receive the same amount from one hundred and twenty-eight other members

What’s The Membership Fee For 7 Rings Of Wealth?

If you’d like to join 7 Rings of Wealth, you’ll need to pay both a fee of $5/month and another $5 in order to get started with the cash gifting setup.

Is 7 Rings Of Wealth Really A Scam?

If you’re like me, you’ve been researching 7 Rings Of Wealth and you may have heard that it is a total scam.

From what you have read above, you may not be able to tell if it is legit or not.

So, is it really a scam?

Is 7 Rings Of Wealth a scam, or can you trust the company?

I would say 7 Rings Of Wealth isn’t a complete scam, but there are definitely some things you should be cautious of – check out the conclusion to find out what those are.

Being prepared will help you be successful. Also, see below to get my tips for making money.

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My Conclusion For 7 Rings Of Wealth

The MLM world is filled with many different schemes and scams, but one of the nastiest niches for these scams has to do with sovereign citizen ones.

The people running these sovereign citizen opportunities typical do so because they believe they have an entitlement to do so based off of the fact that they don’t want to have anything to do with the evil government that’s out to get them.

In the case of 7 Rings of Wealth, the situation isn’t any different at all.

Even though cash gifting is so obviously taking place here, 7 Rings of Wealth tries to sell it off as crowdfunding:

“With our crowdfunding project we are not seeking contributions.

Instead, we are offering an amazing opportunity through developing your own micro-enterprise.”

Furthermore, 7 Rings of Wealth refers to gifting payments as “patronage refunds.”

“To begin earning Patronage Refunds in the 7 Rings of Wealth Crowdfunding project for “The Nation”, simply click on the Signup button and get started today.”

Once people stop joining 7 Rings of Wealth, no more money will be making its way into the company. With a lack of funds, affiliates who are currently part of the opportunity will stop getting paid for their cash gifting activities.

At that point in time, the people running 7 Rings of Wealth will snatch up all the money they’ve earned and then run off with it. The majority of everyone else who joins will end up losing out, and this is unfortunately not uncommon at all with these sovereign citizen MLM setups.

I sure hope you have found all the information in this 7 Rings Of Wealth Review helpful.

Some reviews may be biased or trying to sell you something else, so I wanted you to have all the details from someone not affiliate with 7 Rings Of Wealth.

If you decided to move forward with 7 Rings Of Wealth, you’ll still need help marketing yourself.

My FREE training will help you with that.

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