Magellan International Alliances Review – But I’m Not Promoting It!

Magellan International Alliance ReviewHave you been noticing more and more hype for Magellan International Alliances lately?

This business is picking up a lot of steam, with people pitching it all over social media.

I want to tell you that I am NOT in any way affiliated with Magellan International Alliances.

I want to give you an unbiased opinion on Magellan International Alliances – is it a scam?

Is it legit?

Let me give you all the details in my Magellan International Alliances Review.

Will Magellan International Alliances deliver on all it’s promises?

Find out in my Review of Magellan International Alliances.

Let’s get going with the review!

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What Is The Magellan International Alliances Opportunity?

With Magellan International Alliances, we’ve got an MLM company that’s found itself in the ever-growing niche of cryptocurrency.

The Magellan International Alliances website showcases a corporate address over in Ireland, but after looking more closely into this, I quickly discovered that it’s simply a virtual mailing address that’s owned by Company Formations International.

If you haven’t heard of Company Formations International before, this is a business that specializes in selling incorporation services over in Ireland. As such, it’s safe to say that Magellan International Alliances doesn’t have any physical presence in the country at all.

As for who’s running Magellan, a man by the name of Jef Welch appears to be the company’s CEO.

He was appointed as CEO this August, and looking at Welch’s personal Facebook page, he’s currently living in Georgia in the United States. As such, this is likely where Magellan International Alliances is based out of, too.

On the Magellan International Alliances site, Welch’s corporate bio states that:

“I have served in the Direct Sales industry for approximately 40 years in management, establishing international teams, and traveling to almost 70 countries, with respect of the many various cultures around the world. I chose to align my name and reputation with Magellan, due to the integrity and vision expounded by the Strategic Partnership Alliance.”

Prior to his time at Magellan, Welch was working with CGI Limited. He was seen as  “top leader” within the company, but it was recently shut down as it was discovered to have been laundering money taken through investments with unregistered securities. Yikes.

CGI Limited tried to rebrand as CGI Global this past April, but that doesn’t appear to have worked out well for the company at all. Based on Welch’s heavy involvement with CGI Limited and now his new position at Magellan, it would seem that Magellan International Alliances is being used as the latest incarnation of the CGI Limited opportunity.

Magellan International Alliances Scam

What Can You Tell Me About The Magellan International Alliances Products?

On the product line side of things, you won’t find any goods or services being offered to retail customers. Instead, the only thing that Magellan affiliates have to offer is the affiliate membership itself.

Should someone choose to join the company, they’re given access to investment in the altcoin BetChip. BetChip used to have ties to an illegal gambling opportunity but has been rebranded as an altcoin for use with e-commerce sites.

“BetChip can be used within the Magellan economy in selected stores and services online.

Magellan Intl. brings the world of shopping to your fingertips.

Our community of members can experience discounts and savings from many of the leading brands around the world.”

What Can You Tell Me About The Compensation Plan?

When it comes to making money with Magellan International Alliances, you’ll need to invest money into BetChips.

There are quite a few investment levels to choose from, ranging from an investment of just $100 up to as much as $50,000.

As you invest more, you’ll get more BetChips. With more BetChips, you stand to earn a greater ROI.

Along with this, Magellan members also have the chance to earn on recruitment commissions as they convince more and more people to join.

What Will It Cost To Join Magellan International Alliances

In order to join Magellan International Alliances, you’ll need to invest between $100 and $50,000.

Is Magellan International Alliances A Scam?

So, like with all business opportunities, you will hear things around the internet about there being a Magellan International Alliances scam or something like that.

And from what you have read, you may also wonder if this is legit or a complete scam.

So, what’s the truth?

Is there a Magellan International Alliances scam going on or is this legit?

Well, to be honest, Magellan International Alliances is not a scam or anything like that.

But there are some things to be aware of (see conclusion section).

That is how you will be successful.

See below for help with making money.

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My Magellan International Alliances Review Conclusion

With all of that said and done, it’s rather apparent that Magellan International Alliances is a Ponzi scheme in the MLM underbelly that’s trying to keep the CGI Limited opportunity going under a new name and tweaked business model.

While that’s certainly a convoluted mess, it does make it easy for me to recommend staying as far away from this company as possible.

Magellan will likely collapse once investment activity dies down, and when that happens, Welch and anyone else at the executive level will make off with their funds while everyone else is left to lose out.

If that sounds like a good deal to you, have fun with Magellan.

If you’re looking for an MLM company where your time and money will be effectively spent, you’ll want to look elsewhere.

Hopefully, you have found my Magellan International Alliances Review useful.

I wanted to give a lot of details because there have been other review of Magellan International Alliances which were a bit thin on the detail side.

No matter what happens, if you really want to succeed with any business, you have to learn how to market properly.

And, my training below will help you do that and make money!

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