Ergo Companions fails to supply possession or govt info on its web site.
Ergo Companions’ web site area (“ergopartners.com”), was first registered in February 1996. The non-public registration was final up to date on December 2nd, 2022.
Via the Wayback Machine we are able to see Ergo Companions’ present web site went dwell in direction of the tip of December 2022. This implies the present house owners took possession of the area on or round December 2nd.
Regardless of current for 9 months at greatest, Ergo Companions makes an attempt to feign legitimacy primarily based off the unique 1996 area registration date.
Ergo Companions was created in 1996 to provide shoppers long-term funding returns.
In an try to look official, Ergo Companions supplies a company tackle in South Carolina.
The tackle corresponds to what seems to be an workplace constructing that has nothing to do with Ergo Companions.
As all the time, if an MLM firm will not be brazenly upfront about who’s working or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
Ergo Companions’ Merchandise
Ergo Companions has no retailable services or products.
Associates are solely in a position to market Ergo Companions affiliate membership itself.
Ergo Companions’ Compensation Plan
Ergo Companions make investments cryptocurrency on the promise of a passive return:
- EverydayGrow – make investments $100 for 9 to 12 months and obtain 0.71% to 0.85% each weekday
- BudgetBoost – make investments $10,000 for 9 to 12 months and obtain 0.85% to 1.05% each weekday
- WealthWise – make investments $25,000 for 9 to 12 months and obtain 0.95% to 1.13% each weekday
- AlphaBeta – make investments $50,000 for 9 to 12 months and obtain 1.13% to 1.28% each weekday
- Flagship – make investments $100,000 for 9 to 12 months and obtain 1.28% to 1.42% each weekday
- FutureFocus – make investments $200,000 for 9 to 12 months and obtain 1.41% to 1.51% each weekday
The MLM facet of Ergo Companions pays on recruitment of affiliate buyers.
Referral Commissions
Ergo Companions pays referral commissions on invested funds down three ranges of recruitment (unilevel):
- degree 1 (personally recruited associates) – 10%
- degree 2 – 5%
- degree 3 – 2.5%
Neighborhood Milestones
Ergo Companions rewards associates for recruiting associates with Neighborhood Milestones:
- recruit 100 associates and obtain 10% of their cumulative paid returns
- recruit 200 and fifty associates and obtain one other 10% of their cumulative paid returns
- recruit 5 hundred associates and obtain one other 10% of their cumulative paid returns
Monetary Milestones
Ergo Companions rewards associates for producing downline funding with Monetary Milestones:
- generate $500,000 in downline funding and obtain 10% of returns paid on the invested funds
- generate $1,00,000 in downline funding and obtain 15% of returns paid on the invested funds
- generate $5,000,000 in downline funding and obtain 20% of returns paid on the invested funds
- generate $10,000,000 in downline funding and obtain 25% of returns paid on the invested funds
Becoming a member of Ergo Companions
Ergo Companions affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal $100 funding.
Ergo Companions Conclusion
Ergo Companions hides its funding scheme and MLM compensation plan from the general public.
As a substitute, Ergo Companions’ web site is offered as that of a generic monetary companies agency.
Ergo Companions’ represents it generates exterior income by way of “funding consultants”.
Ergo Companions has a various workforce of 724 funding consultants and a couple of,692 workers devoted to consumer outcomes and investing excellence.
This enterprise mannequin fails the Ponzi logic take a look at.
If Ergo Companions already has “funding consultants” producing it 1.51% a day, what do they want your cash for?
The reply lies in there being no “funding consultants”. In truth Ergo Companions’ web site is filled with clearly false porky pies;
Since 1996, we now have been on the vanguard of quite a few now-common trade developments, such because the introduction of one of many first no-load mutual funds and the early adoption of socially accountable funding methods.
Our portfolio managers have had over 20 years of expertise in asset administration, with the vast majority of that point spent at Ergo Companions.
The rationale for the lies and hiding its funding scheme is as a result of there is no such thing as a buying and selling. Ergo Companions is working a easy Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Ergo Companions of ROI income, finally prompting a collapse.
The maths behind Ponzi schemes ensures that once they collapse, the vast majority of contributors lose cash.
