Team Plutus Review – Legit Or Scam?

Team Plutus ReviewHas someone approached you lately about joining Team Plutus?

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 Team Plutus.

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

Is Team Plutus truly a scam?

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

Read on to find out in my Review of Team Plutus.

Let’s get going!

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What The Heck Is Team Plutus?

The Team Plutus web domain (team-plutus.com) was registered on the 3rd March 2016 with the registration details set to private. The website itself gives no details whatsoever as to who owns or runs the company.

It is crucial, when considering whether to become a member of schemes such as this, that you thoroughly research the background of the company so you are aware of the risks involved. It is not a great sign when companies fail to be transparent about their structure and raises some serious questions about the validity of what is being offered.

Team Plutus Scam

What Can You Tell Me About The Team Plutus Products?

There are no products or services that are available to Team Plutus affiliates to market- instead the only opportunity for affiliates is to recruit further affiliates for membership.

What Can You Tell Me About The Team Plutus Compensation Plan?

The first thing to explain is that Team Plutus uses its own currency called ‘Plutus Points’. The compensation plan awards 125 of these Plutus Points to affiliates upon sign up.

Sign up is free, and they pay an advertised 0.4% daily ROI on these points for the trial period of seven days. After this time, an affiliate needs to invest real money to continue to earn under the scheme (please note that funds cannot be withdrawn when membership is in its free trial phase).

The fees are as follows:

  • An investment of $10 will receive 15 Plutus Points and an affiliate subscription for 60 days
  • An investment of $50 will receive 100 Plutus Points and an affiliate subscription for 360 days
  • An investment of $100 will receive 300 Plutus Points and an affiliate subscription for 720 days.

Upon becoming a paid up member, a Team Plutus affiliate will continue to earn a daily ROI of 0.4% for the remainder of their affiliate subscription. An affiliate can increase their daily return on investment by purchasing further Plutus Points- this time directly from other Team Plutus affiliates. It works like this:

  • By purchasing a further 100 Plutus Points you will receive a daily ROI of 0.7%
  • By purchasing a further 250 Plutus Points you will receive a daily ROI of 0.75%
  • By purchasing a further 500 Plutus Points you will receive a daily ROI of 0.8%
  • By purchasing a further 1000 Plutus Points you will receive a daily ROI of 0.9%
  • By purchasing a further 2500 Plutus Points you will receive a daily ROI of 1%

The direct exchange between Plutus Points and real currency is not directly explained through the website, but it appears to be approximately 1 Plutus Point to $1US. It is not possible to exchange these points through the company itself, to offload them and actually make money through them you need to sell them to another affiliate.

Referral Commissions

Team Plutus uses a unilevel compensation structure for calculating Referral Commission payouts. This works by placing the affiliate in the top position of a unilevel team- every new affiliate that is recruited by this original affiliate is placed directly beneath the original affiliate’s position (which forms the first level). When an affiliate on the first level recruits a new affiliate, this new affiliate is placed in a position directly beneath the recruiting affiliate, but also on the second level of the original affiliate’s team. When level 2‘s recruit a new affiliate, they are placed on level 3 and so on. Using this method there is a theoretical infinite number of levels obtainable.

Team Plutus Compensation Plan

25% of funds invested by affiliates are paid out as commissions. This continues to run up the sequence, with each higher up affiliate earning 25% of anything that the recruits in their level 1 receive.

To explain this further let’s say, for example, an affiliate is recruited into the third level of your team and they invest $100. The person that recruited them (in your level 2) will receive 25% of this (ie $25). The affiliate who recruited them (who is on your level 1) will receive 25% of this ($6.25) and then you would receive 25% of this payment ($1.56).

Are There Membership Fees For Team Plutus?

Differing investment levels dictate the length of affiliate membership with Team Plutus.

  • $5 for 30 days
  • $50 for 360 days
  • $100 for 720 days

Is Team Plutus A Scam?

If you’ve come across a review that says Team Plutus 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 Team Plutus? Is it really a scam, or is it legit?

I would say no, not exactly. 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!

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What’s your Conclusion About Team Plutus?

Funds invested by affiliates into the plan by Team Plutus are converted into their fictional currency, Plutus Points. These have zero value outside of the Team Plutus scheme, which is likely why they can supposedly offer such large returns on investment. The company convinces people that they are making huge amounts of money by earning daily ROI’s on these Plutus Points, but the only way to convert these points into real money is by finding someone else to buy them from you. THERE IS NO MECHANISM TO SELL PLUTUS POINTS DIRECTLY BACK TO TEAM PLUTUS. Instead, you must hand off these points to somebody else like a hot potato.

The company happily collects their administration fees, and most likely have designated a large number of Plutus Points to themselves as well. Any new affiliates who want to achieve those higher rates of ROI will end up needing to purchase these further points from the company, at least until other affiliates have enough points to offload. By the time this happens, however, it is quite likely that the influx of new affiliates will have died down- thus eliminating any internal demand for points.

This is a ponzi scheme through and through because the money flows from new affiliates to pay off the existing ones- even though it is explained away by the idea that these affiliates are actually ‘trading’ the points between themselves.

It is also worth noting that Team Plutus deal in bitcoin which, alongside the anonymity of those that are running things, means that there are virtually no avenues for recourse should things collapse.

Think very carefully about involvement with this scheme. The combination of anonymous owners, a shady ‘points’ based scheme and transactions being carried out through bitcoin leave this opportunity seemingly setting a lot of people up to fail (at the benefit of its organizers).

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

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

My FREE training can help you.

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