Buy Time Review – Huge Scam Or Legit System?

Buy Time ReviewIf you’ve been paying attention lately, you’ll notice that Buy Time has been getting a lot of hype.

Because it’s new, it’s getting a lot of buzz and if you’re in an online business, I am sure someone will push it on you at some point.

It’s especially popular on social media at the moment.

I do want to let you know that I am NOT affiliated with Buy Time as a member or distributor.

My goal is to gather all the facts in one place for you so you can do your research – and it’s all here in my Buy Time Review.

Is Buy Time a legit business, or is it a complete scam?

Will I be able to build a business with it?

I tell you all about it in my Review of Buy Time.

Read below to find out more.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

What Is Buy Time?

Buy Time is the latest MLM opportunity that’s getting my full review treatment, and the company’s official website indicates that it was incorporated in the United Kingdom under the title of Buy Time Incorporated LLP.

This incorporation took place on October 19 of 2016, but this is where things start to get rather fishy.

After looking closer into the address that Buy Time used with this incorporation, I discovered that it’s the same one being used by literally hundreds of other companies.

With this in mind, it’s pretty safe to say that Buy Time only exists in the UK for the sake of the name.

There are two “officers” listed with the incorporation for Buy Time Incorporated LLP, but these turn out to be nothing but shell companies once you really take a look at things. The companies go by the names of Time Incorporated LTD and Damitra Group LTD, and both of these entities were incorporated in Seychelles with virtual address as well.

Out of those two companies, I found it worth mentioning that Damitra Group has very obvious ties to the Ponzi scheme Richmond Berks.

Richmond Berks got things  started towards the end of 2016, and the company advertised a daily ROI of 1.6% to its investors. The Buy Time website indicates that its Founder and CEO is Dmitrijs Lutovs, and this is the same person who’s listed as the owner of Richmond Berks.

There is a Facebook page for Lutovs, but I noticed that the account was just created on December 31,2016 — just one day after the registration took place for the Buy Time website.

What Products Are Being Sold?

Taking a gander at the product line that Buy Time is offering, there’s not a whole lot to see here at all.

Buy Time is yet another MLM opportunity with no goods or services that are being marketed or sold to retail customers, and this creates for a setup where affiliates for the company have only the affiliate membership to “sell” to interested people.

Even worse, the lack of a product line means that it’s completely impossible for any retail sales activity to take place — something that you never want to see with multi-level marketing.

Info On The Buy Time Comp Plan

As for the compensation plan, Buy Time allows its affiliates to invest money at various levels and then earn an annual ROI.

The ROI that’s paid out is greater as you choose to invest more and more money into the company, and the available levels that affiliates have access to is as follows —

  • Affiliates who invest $20 area able to earn $27.80 after one year
  • Affiliates who invest $50 are able to earn $182 after one year
  • Affiliates who invest $100 are able to earn $374.92 after one year
  • Affiliates who invest $200 are able to earn $749.84 after one year
  • Affiliates who invest $500 are able to earn $1929.20 after one year
  • Affiliates who invest $1000 are able to earn $3858.40 after one year
  • Affiliates who invest $5000 are able to earn $20,020 after one year
  • Affiliates who invest $10,000 are able to earn $40,040 after one year
  • Affiliates who invest $25,000 are able to earn $100,1000 after one year

If an affiliate chooses to withdraw any money the they’ve earned at an amount of $100 or more, they are required to reinvest either the same or more money than what they initially dumped into Buy Time.

Buy Time also pays out referral commissions, and these are paid out to members via a unilevel setup.

Members for the opportunity can earn down through ten levels of recruitment, and the commissions are paid out as a set percentage based off of the funds that are invested throughout all ten available levels.

What Will It Cost Me To Join Buy Time?

If you’d like to join Buy Time as an affiliate, you’ll need to invest between $20 and $25,000 into the opportunity.

Any Truth To The Buy Time Rumours?

Any time a new business opportunity launches, you will always hear rumours about them being scams – so is Buy Time a scam?

From reading above, you might already be thinking Buy Time is a scam.

So, is it?

Is there a Buy Time scam, or is it legit?

To be honest, Buy Time isn’t a complete scam.

However, there are some red flags to be worried about, which I discuss in the conclusion.

See my tips below for helping to make money.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

And Now, My Buy Time Conclusion

According to Buy Time’s website, the company is able to offer these ROIs because it is “purchasing airtime on TV channels, information space, [and] media resources.” Buy Time then supposedly sells this airtime for a profit and affiliates are then able to cash in on it.

Here’s the thing though — Buy Time doesn’t provide any amount of proof that this is actually taking place.

As the story usually goes, that’s because it isn’t.

The only source of income that Buy Time is clearly receiving is that of affiliate investments, and these are being turned right around and used to pay for the ROIs that the company is advertising.

Because of all this, Buy Time ends up being a Ponzi scheme.

Similar to any other Ponzi scheme, the admin (Lutovs) will earn the lion’s share of all the money that’s invested whereas most everyone else will lose out.

Buy Time will keep chugging along as long as people continue to invest, but once this activity slows down, the company will collapse.

Lutovs will make off with whatever he’s earned and then likely go off to start a similar scam by a different name.

I hope you have gained value from my Buy Time Review.

I have put all the details you need to know here, because all other reviews of Buy Time have been fairly limited with details.

If you do decide to proceed with Buy Time or any business, you’ll find my free training helpful – I will show you how to make money online.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

Speak Your Mind