Auvoria Prime is a new MLM that comes with A LOT of baggage..
If you're being pressured to join this company you're probably wondering if it's a scam or not.
That's what this review will answer.
Below you're going to find everything you need to know about Auvoria Prime including background information, price to join, compensation plan overview and more.
You'll know if this "opportunity" is right for you by the time you're done reading.
Let's get into it!
Auvoria Prime Summary
Company: Auvoria Prime
Price to join: $299 + $199 per month
Do I recommend? No!
Summary: Auvoria Prime is a horrible company that is a complete scam.
Everything about Auvoria Prime is bad from the founders to the "products" to the compensation plan and more.
This is nothing more than a ponzi scheme and pyramid scheme.
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Auvoria Prime FAQ'S
1) What is Auvoria Prime? Auvoria Prime is a Multi-Level Marketing company in the forex niche.
Their products include "automated returns" and trading signals. They also provide forex education and apps.
2) How do you make money here? Because this is a MLM there's two main ways you make money.
The first is to sell the products Auvoria Prime offers and earn commissions for each sale.
The second way is to recruit people into the scheme and build a downline. You'll earn a commission for every sale the people below you make.
Recruitment is the main way you make money here, however, which is not good (means it's probably a pyramid scheme).
3) Are there any red flags? Oh man.. There's almost too many red flags to name.
Here's the main red flags:
- Comes from a long line of scams - The people involved in Auvoria Prime are seasoned scammers. For instance, the creator of of Auvoria Prime, Sal Let, was involved in a 4 billion dollar international ponzi scheme called Onecoin. Sal Let was also involved with another scam called Eaconomy who is now suing him. Believe or not he was involved with ANOTHER scam called IPro Network which is currently being sued by the SEC for being a pyramid scheme.
- Not registered properly - When you offer a passive investing opportunity (which Auvoria Prime is) you need to register with the proper regulatory bodies in the country you're operating out of. When you register you provide proof of revenue and other information to make sure you're not a ponzi scheme. Auvoria Prime doesn't do this because it shows they're lying about their source of revenue (their revenue comes from new investment and not a secret algorithm that makes forex trades).
- Banned in US - You're not allowed to promote Auvoria Prime in the US because again, it's not properly registered. This is a major red flag when it comes to investment type MLM's. If you promote this company from the US you can be charged with securities fraud.
Is Auvoria Prime A Pyramid Scheme?
I believe it is.
Here's what a pyramid scheme looks like:
Basically there's two ways a pyramid scheme can happen:
- There's no product and recruiting is the only way money can be made (or there's a product and there's no incentive to sell the product, leading to only recruiting to happen).
- Majority of revenue comes from affiliates buying the product and not from retail sales.
Both are happening here. While there is a product the compensation plan is geared towards recruiting.
This means people will most likely ignore retail sales entirely and just look to bring in people who want to make money as an affiliate and not from Forex trading.
Additionally, if you want to be able to recruit you need to buy the Alexander/Ainsein Package which costs $267 up front and then $199 per month.
Again, most people who sign up are going to want to make money from recruiting so simple logic tells you most of the Auvoria Prime's revenue is going to come from affiliates and not retail sales.
This is pyramid scheme 101 which means Auvoria Prime is unstable and designed to collapse in the near future (just like the other businesses the owner was involved with in the past).
Is Auvoria Prime A Ponzi Scheme?
Again, I believe it is.
Ponzi schemes happen when a company is lying about an investment opportunity and the source of their income.
In this case Auvoria Prime claims to have a passive investment opportunity where you invest money and get returns.
The problem? Auvoria Prime isn't registered anywhere to prove they have an algorithm that can do this.
The truth is they don't have a secret trading algorithm or if they do have some sort of algorithm it's not making anything significant.
With all ponzi schemes the true source of income is new investment - hence why recruiting is incentivized so much and why they they make new affiliates buy one of their trading packages.
The money made from new investment is used to payout people who invested money earlier. They're told their returns come from the trading bot they created but that's a lie.
These schemes are basically illegal in every country in the world and they're regulated closely in America.
This is the reason you're not allowed to promote this in America. It's guaranteed to fail because new investment will eventually slow down and when it does there won't be enough money to pay out people.
The scheme collapses when this happens and most people lose their money.
Success Will Be Rare
Auvoria Prime is going to be a tough way to make money.
Auvoria is a MLM and it's estimated that about 99% of people that join a MLM will end up losing money instead of making money.
This includes MLM's that are completely legit and have good products/a strong compensation plan.
Auvoria Prime isn't legit and has a horrible compensation plan which means the success rate will be even lower.
The reason the success rate is so bad with MLM's is recruiting is very tough.
To be successful you will need hundreds if not thousands of people in your downline.
How many people can you realistically recruit into this scheme? A couple, maybe?
And do you really want to bring family and friends into an obvious pyramid/ponzi scheme where they're most likely going to lose money.
Of course you don't.
Below is some even more eye opening MLM stats:
Keep in mind you'll have to pay $199 PER MONTH to be eligible with Auvoria Prime. This is going to add up to thousands in a years time.
This is why I do affiliate marketing and not MLM. Affiliate marketing can be done for basically free and there's no recruiting or bothering friends and family.
How Much To Join Auvoria Prime?
To join Auvoria Prime you have to buy either their Ainstein or Alexander package.
Both costs $299 up front and then $199 per month after.
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Auvoria Prime Compensation Plan
The Auvoria Prime compensation plan is long (about 20 pages) and would be difficult for any person not familiar with MLM jargon to understand.
I'm just going to summarize the main parts to make it easier for you to understand:
In order to be eligible for recruitment commissions you have to purchase one of the Auvoria Prime products for $267 and maintain it $199 per month.
You also have to sell three different packages to either retail customers or recruit 3 people (they each buy a product). These packages have to be maintained by your customer or recruits paying monthly.
Retail commissions are what you earn from selling Auvoria Prime's products to customers.
You get a $40 commission for the sale of either Ainstein or Alexander package and a $20 commission of their Hailey package.
At Auvoria Prime there's 11 different affiliate ranks and you go from one rank to another based on hitting certain goals (sales goals, recruitment goals, etc.)
You also get bonuses for going from rank to another.
Here's the following the ranks:
- Active Affiliate
- Visionary 600
- Visionary 1,500
- Icon 3,000
- Icon 5,000
- Icon 10,000
- Auvorian 25K
- Auvorian 50K
- Auvorian 100K
- Auvorian Legend
Residual commissions is what you earn from your downline's sales.
The compensation structure here is unilevel and looks like the following:
How much you earn depends on your rank, how many people in your downline and the amount your downline sells.
Momentum Builder Bonus
This is a bonus you make from selling the products at Auvoria Prime (this includes the sales you make when you sign up a new recruit).
If you hit a certain amount of sales you get put into a bonus pool where you can earn commissions from that pool.
The exact percentages you can earn isn't clarified but you can earn between 1 to 5 shares.
Auvoria Prime Products
There's a few different products offered at Auvoria Prime.
Before I get into the products I just want to talk about the automated returns promised here.
I said this before but it's worth saying again. Auvoria claims they can get you returns based on a trading bot they have.
Basically you invest money and get a certain return after a while.
Again, though, Auvoria doesn't prove that this bot exists and isn't registered with the proper regulatory agencies where it would need to be proved.
It's pretty obvious there's no real trading going on here and instead they're just using new investment to pay out the "returns" (ponzi scheme).
This trading bot is included in their main products called Ainstein. This product gives you access to the passive returns.
This product costs $267 up front and $199 per month after.
The other product is Alexander which is the exact same price and is trading signals.
You also get an app and forex education with these products.
Other products include Airis which is forex charts for $39 per month and Hailey which hasn't launched yet.
What I Like About Auvoria Prime
What I Don't Like About Auvoria Prime
Here's what I don't like about Auvoria Prime:
Sal Let, the owner of Auvoria Prime, is the last person you want to be involved with.
He's been in proven pyramid schemes in the last 5 years and is currently being sued by the pyramid scheme he was previously involved with!
This company is just a mirror of the ones Sal Let left already.
Pyramid scheme/ponzi scheme
If Sal Let's past doesn't give you pause, the compensation plan should.
It requires new affiliates to buy expensive products and incentivizes recruiting too much.
Auvoria Prime is also lying about how you earn returns here. There's no secret algorithm or trading bot earning returns here. It's just new investment being used to pay people out.
Almost everyone that joins a MLM loses money. In fact, 99% of people lose money with these companies.
Auvoria Prime is expensive and will cost over $2000 if you stick around for a year.
That's a pretty big loss if you can't make any money.
Is Auvoria Prime A Scam?
It's pretty obvious it is.
All you have to do is look at the history of Sal Let and the compensation plan to understand this.
Sal is the typical serial scammer you see in the investment and MLM world.
He bounces from one scam to another and is constantly having to start over because the companies he's associated with always collapse.
The compensation plan shows this company is no different than the ones Let has been involved with in the past.
Everything is geared towards recruitment which will make this a pyramid scheme.
Lastly, they're not registered with any regulatory bodies and have never proved any of their investing claims.
STAY AWAY FROM THIS SCAM!!
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