Newtycoonplus.com Review – New Tycoon Plus, Login, Register, ICO, Sale
Most of the information about this website or business are hidden and majority of it’s website traffic flows from the United states.
The Founders listed on the New Tycoon Plus website include Richard Tan (Chairman), Michael Burnett (CEO), Veronica Tan (General Manager) and Patrick Liew (Adviser).
They are also the founders listed on the Success Life website.
Success Life claims to be based out of Singapore and are gearing up to launch “Success Tokens” ICO next month.
According to New Tycoon Plus, the company is “a fully owned Subsidiary of Success Resources Global Media as Listed on ASX.”
New Tycoon Plus has no retail-able products or services making affiliates only able to market New Tycoon Plus affiliate membership.
New Tycoon Plus affiliates invest bitcoin on the promise of an advertised 128% ROI in seven months:
- 12MP – invest $1200 and receive $1536
- 50MP – invest $5000 and receive $6400
- 100MP – invest $10,000 and receive $12,800
When the investment matures, New Tycoon Plus affiliates are also given 5% of their initial investment amount in Success Tokens.
Also, New Tycoon Plus pay referral commissions via a uni-level compensation structure and a uni-level compensation structure places an affiliate at the top of a uni-level team, with every personally recruited affiliate placed directly under him or her.
New Tycoon Plus affiliate membership is $50 plus a minimum of $1200 investment in bitcoin.
New Tycoon Plus claims to generate guaranteed ROI revenue through cryptocurrency mining but their is no evidence of any cryptocurrency mining taking place.
They just provided stock images of GPU and ASIC miners used in their marketing material. The only verifiable source of income entering New Tycoon Plus is new affiliates investment and using money by new affiliates to pay old affiliates makes a scheme a Ponzi scheme.
Ponzi schemes do fold up or wind up once there is a decline in the number of new affiliates signing up.