Fundsz Review- Scam

  • 6

There is no mention of the company’s ownership or management on the Fundsz website.   

In 2020, the domain name “fundsz.com” was registered for use as the address of the Fundsz website. The confidential register was most recently revised on May 5, 2022.   

Kim Diaz and Rene Larralde, co-moderators of the official Fundsz Facebook group (right).  This is not Kim Diaz, but a stock photo pretending to be her. Using Facebook’s geolocation tools, we can determine that Rene Larralde resides in Florida.   

Larralde oversaw Maxous before joining Fundsz.  

According to the promotional presentation shown above, Maxous was a pyramid scam in which participants paid to join.   

In an official marketing presentation, the last five Fundsz admins are named.   

There is a strong indication that JP Valcarce serves as Chairman of the Board for Fundsz.   

In addition to Juan Pablo Valcarce (left), who is also situated in Florida, there is also Juan Pablo Valcarce. Neither of Valcarce’s aliases were fruitful in my search for evidence of his prior MLM involvement.  According to his LinkedIn page, Valcarce served as Vice President of Sales for an industrial goods company between February 2019 and June 2021. He eventually settled into his current role as Encompass Health’s marketing liaison.   

Continue reading for a comprehensive analysis of the Fundsz multi-level marketing platform.   

Products by Fondsz:  

Fundsz offers nothing that can be bought and sold to the general public.   

The only thing affiliates may promote is becoming a Fundz affiliate.   

The Fundsz Compensation Plan:  

Affiliates of Fundsz are required to pay a monthly charge, which ranges from $10 for Silver to $30 for Gold.   

Fundsz affiliates who pay extra for Gold access are eligible for higher rewards.   

After paying the charge, they can put in between $10 and $10,000. This is being done in anticipation of a steady, passive weekly return on investment.   

Fundsz’s MLM component foots the bill for bringing on board new affiliate investors.   

Staffing Agencies:   

Fundsz associates can choose between a $10 monthly subscription and a $30 monthly subscription.   Members referred by an associate receive a 13 percent commission on their membership fees.  

Earnings From Referrals:   

Ten percent of the ROI payments made to affiliates that the affiliate personally recruited goes to the Fundsz affiliate.   

It seems that there is a residual fee paid out on ROI payments that goes as deep as eight stages of recruitment. The official marketing materials for Fundsz are vague.   

Recurring Payments:   

Fundsz’s residual commissions are paid out of the monthly membership fees.   

Fundsz uses a 48×48 matrix to distribute leftover commissions.   

Each Fundsz affiliate in a 48 matrix has four direct reports:   

These first four cells make up the matrix’s basic structure. By further subdividing these four places into four each, we may build the second level of the matrix (16 positions).   

Matrix levels three through eight are generated in the same way, with each subsequent level having four times as many positions as the previous level.  Members of the Fundsz affiliate network are recruited both directly and indirectly to fill open positions in the matrix.  Fees paid by affiliates you bring into your matrix will earn you a residual commission of 7%.  

Bonus (Car Bonus):   

The privileges of a Gold member For every dollar an affiliate of Fundsz makes from the commissions of people they personally recruited, the affiliate will receive a 25% bonus.   

It is not apparent if this includes or excludes any bonuses or commissions.   

Bonus Members of the House Affiliates of Fundsz are eligible for a 4% House Bonus that is “paid down to infinity.”   

It is unclear what the house bonus is based on for distribution.   

There are two levels of Fundsz Fundsz affiliate membership: Silver, at $10/month, and Gold, at $30/month.   

The Fundsz Gold membership is essential for full participation in the compensation plan.   

Finally, the money talks!   

The origins of Fundsz seem to lie in a gifting scheme that pretended to be charitable.   

One way that businesses, their owners, and their employees may give back is through charitable contributions. Together, people who care about the same thing can accomplish more through fundraising efforts. Together, we can make a positive impact on the lives and financial stability of millions of individuals around the world.   

The company’s initial pitch was for “peer-to-peer donation payments.” It looks like they went out of business.  Despite maintaining a pyramid structure for its cash gifts, Fundsz is now running a cryptocurrency Ponzi scheme.   

“Staking” is the front for Fundsz’s Ponzi scheme. You buy a coin, leave it with a firm, and earn interest on it passively.   

Fundsz claims to achieve this for its investors but does not provide any evidence to support this claim.    Regardless, affiliate investment is the only revenue stream at Fundz that can be verified.   

Fundsz’s passive investment opportunity is a security offering regardless of whether or not they actively manage the investments.   

From what I can understand, Florida is home to a sizable number of Fundsz’s administrative and leadership ranks.   

According to recent estimates from SimilarWeb, approximately 61% of Fundsz’s website visitors are located in the United States.   

The SEC is responsible for regulating the US securities market. The Securities and Exchange Commission has no record of either Fundsz or Juan Pablo Valcarce.   

Fundsz is, at best, engaging in criminal activities related to securities fraud.   

At worst, Fundsz is committing securities fraud, running a 3%-per-week Ponzi scheme, and committing wire fraud.  

Fundsz’s multi-level-marketing compensation structure violates the FTC Act since it is structured like a pyramid scheme.   

Fundsz also has a “wealth academy” and a marketplace similar to Facebook’s:   

To justify securities and/or wire fraud by associating it with a Ponzi scheme is absurd.   

After the first surge of investment in a multi-level marketing (MLM) Ponzi scam has dissipated, affiliate recruiting will inevitably slow or stop.   

Fundsz will eventually fail as a result of this because it will be unable to generate any ROI.   

Since Ponzi schemes are mathematically guaranteed to result in the loss of money for most people involved when they eventually fail, this is a common misconception.

There is no mention of the company’s ownership or management on the Fundsz website.    In 2020, the domain name “fundsz.com” was registered for use as the address of the Fundsz website. The confidential register was most recently revised on May 5, 2022.    Kim Diaz and Rene Larralde, co-moderators of the official Fundsz Facebook…

There is no mention of the company’s ownership or management on the Fundsz website.    In 2020, the domain name “fundsz.com” was registered for use as the address of the Fundsz website. The confidential register was most recently revised on May 5, 2022.    Kim Diaz and Rene Larralde, co-moderators of the official Fundsz Facebook…

Leave a Reply

Your email address will not be published.