Cashbery Review – Legit Or Scam?

Cashbery ReviewHas someone approached you lately about joining Cashbery?

This doesn’t surprise me – it’s been getting a lot of hype in the last couple of week, with people pitching it all the time.

First, let me make one thing clear – I am NOT in any way affiliated with Cashbery.

I simply wanted to gather all the details here for you in my Cashbery Review so you can make an informed decision.

Is Cashbery truly a scam?

Does it really work like the marketing materials say it will?

Read on to find out in my Review of Cashbery.

Let’s get going!

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What The Heck Is Cashbery?

In the case of Cashbery, we’re looking at an MLM opportunity that first launched around a year or so ago. Artur Vardanyan is listed as the Chairman of the Board for the company, and his corporate bio reads as follows:

“In the past (he) held position of the head of the credit department and the deputy chief of the economic security service in one of the largest Russian banks.”

You’ll find multiple incorporation documents that are mostly presented in Russian, but of course, we’re met with the iconic UK one for “Cashbery Limited.” Vardanyan pops up again in this incorporation as the only Director for Cashbery Limited, but he’s also listed as a resident in the UK.

As for the address found with the incorporation, it belongs to some random office in London.

For those that don’t know, it’s extremely easy and cheap to create UK incorporations. A lot of Ponzi and pyramid schemes use these as a way to trick people into thinking they’re located in the United Kingdom, and more times than not, these incorporations are complete bogus.

I tried looking up more info on Vardanyan, but I wasn’t able to find much of anything. Vardanyan does appear to be a real person, so I’m chalking this up to language barriers that can often prove to be a real hassle.

In regards to Cashbery’s real physical location, this appears to be Russia. Alexa rankings indicate that 56% of all its site traffic comes from Russia, Russian incorporation documents are scattered throughout the website, and all of the social media accounts for Cashbery are presented in Russian.

Cashbery Scam

What Can You Tell Me About The Cashbery Products?

Moving along to the product line side of things, this is another area where Cashbery really drops the ball.

You won’t find any goods or services being marketed to retail customers, and thanks to this, there’s absolutely no way for retail sales activity to exist.

With no retail sales taking place, affiliates for Cashbery are left with only the affiliate membership to promote to other individuals.

The main draw to the affiliate membership is its income opportunity, and in my experience, companies set up like this often end up being schemes and scams of some sort.

Income opportunities are natural parts of MLM businesses, but when they’re offered without an accompanying product line, that’s usually where you see trouble begin.

What Can You Tell Me About The Cashbery Compensation Plan?

Diving deeper into that income opportunity, affiliates are encouraged to invest their funds so they can start earning on an ROI.

There are four investment plans that you can choose from, each with its own ROI offering.

Those plans work out as follows:

  • Microloans — Affiliates earn an ROI up to 320% for 400 days by investing $17.54 to $526.29
  • Loans to small and medium business — Affiliates earn an ROI up to 360% for 400 days by investing $526.31 to $3508.75
  • Financing — Affiliates earn an ROI up to 400% for 400 days by investing $3508.77 to $10,526.29
  • Cryptocurrency — Affiliates earn an ROI up to 400% over 400 days by investing either 0.0103481 to 1.24177215 in Bitcoin or 0.13790471 to 16.54856534 in Ethereum.

Along with this, affiliates also have the opportunity to earn on referral commissions.

Referral commissions are paid using a unilevel system, and with this, you can earn down to five levels of recruitment.

The rates you earn depends on which of the above plans you invest in, and these work out as follows:

  • Microloan — 3% on Level 1, 1% on Level 2, 0.5% on Levels 3 through 5
  • Loans to small and medium business — 3.5% on Level 1, 1% on Level 2, 0.5% on Levels 3 through 5
  • Financing — 4% on Level 1, 1% on Level 2, 0.5% on Levels 3 through 5
  • Cryptocurrency — 4% on Level 1, 1% on Level 2, 0.5% on Levels 3 through 5

Are There Membership Fees For Cashbery?

If you’re interested in joining Cashbery, you can initially do so for free and earn on just referral commissions.

With that said, you’ll need to pony up an investment of at least $17.54 if you’d like to earn on these and the ROI being offered.

Is Cashbery A Scam?

If you’ve come across a review that says Cashbery is a scam while researching, I wouldn’t be surprised.

A lot of marketers will tell you something is a scam just so they can sell you something else.

So, can you trust those other reviews?

What is the truth about Cashbery? Is it really a scam, or is it legit?

I would say no. However, there are a few things in the business you should be aware of – read on to the conclusion to find out what they are.

Knowing what you’re getting into is the best way to be successful.

See below for my FREE training that will help you make money!

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

What’s your Conclusion About Cashbery?

I hope that you are able to use my research in my Cashbery Review to make a decision.

If you do decide to become an affiliate with Cashbery, make sure you take the time to learn how to market yourself.

My FREE training can help you.

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

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