Avlitex is a bitcoin multilevel marketing company. According to their website, Avlitex is headquartered in Canada.
However, Regus, a vendor of virtual offices, owns the corporate address that was given. Accordingly, it is improbable that Avlitex has any real connections to Canada.
Avlitex’s provision of a registration certificate for Avlitex Limited, a shell corporation allegedly incorporated in Ontario, supports this.
For the purposes of MLM due diligence, these certifications are useless since fraudsters may easily create shell businesses with false information.
Raymond Norbury is purportedly the CEO of Avlitex:
Since Norbury only appears on Avlitex’s website, he is a strong contender to be Boris’ CEO.
The actor portraying Norbury may be further verified by watching a promotional film on Avlitex’s official YouTube channel.
The actor portraying Norbury had an eastern European accent in the video, which was recorded in a leased office.
This is consistent with the fact that fraudsters from eastern Europe—Russians and Ukrainians—run the bulk of Boris CEO scams.
Avlitex’s website lists further executives. AI-generated images seem to depict these CEOs. Interestingly, none of them can be seen in the promotional films for Avlitex.
The domain name “avlitex.com” for Avlitex’s website was first registered in 2011. The most recent change to the private registration was made on September 21, 2024.
Avlitex makes a deceptive claim on its website that its “story began in 2020,” despite the fact that it has only been in business for a few months.
There are no retailable goods or services offered by Avlitex.
Only the Avlitex associate membership itself may be promoted by affiliates.
Avlitex affiliates invest cryptocurrency. This is done on the promise of advertised passive returns:
Avlitex’s multilevel marketing division makes money by finding new affiliate investors.
Be aware that Avlitex deals in cryptocurrencies, even if USD values are indicated.
Get 2.4% to 2.6% daily for 120 days if you spend 0.03 to 300 ETH.
Get 2.8% to 3% daily for 120 days if you invest 0.005 to 100 BTC.
Avlitex’s multilevel marketing division makes money by finding new affiliate investors.
Be aware that Avlitex deals in cryptocurrencies, even if USD values are indicated.
Within Avlitex’s compensation structure, there are fifteen affiliate tiers.
They are as follows, along with their corresponding qualifying requirements:
The website boasts of disrupting the global financial environment and changing the face of money in the future. Scammers often utilize such inflated claims to entice unwary people.
Limited verifiable information about the business, its employees, or its actual location is available on the website. Reputable financial sites often provide clear details about how they operate.
The website provides a number of high-risk financial services, including cryptocurrency arbitrage and flash loans, but it does not clearly comply with regulations or sufficiently describe the hazards involved.
As is typical in cryptocurrency frauds, the website advertises CLHC, its native coin. Platforms that actively advertise their own coins might raise suspicions among investors.
Testimonials from people in other nations are included on the website, however they can be faked to give it a false impression of validity.
Without hard proof of present performance, the comprehensive strategy and aspirational goals for the future, such as branching out into other industries, may be a ploy to draw in investment.
Avlitex pays referral commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
Get 2.4% to 2.6% daily for 120 days if you spend 0.03 to 300 ETH.
Get 2.8% to 3% daily for 120 days if you invest 0.005 to 100 BTC.
Avlitex’s multilevel marketing division makes money by finding new affiliate investors.
Be aware that Avlitex deals in cryptocurrencies, even if USD values are indicated.
New affiliates are added to level 2 of the original affiliate’s unilevel team if any level 1 affiliates hire them.
Level 2 affiliates get promoted to level 3, and so on, down an almost limitless number of levels, if they bring on new affiliates.
Payable unilevel team levels are capped by Avlitex to 18.
Depending on rank, referral commissions are provided as a proportion of bitcoin invested throughout these 18 levels:
Affiliates that meet the requirements at Explorer or above may get the following one-time Rank Achievement Bonuses from Avlitex:
Becoming an associate of Avlitex has no cost.
Participation in the connected income opportunity requires a minimum investment of $100 USDT, 0.03 ETH, or 0.005 BTC.
Avlitex claims that it mines cryptocurrencies to make money from outside sources.
Building a strong mining infrastructure was our first priority from the start of Avlitex.
One of the most important strategic decisions we made was to locate our own mining farms in areas with cheap power. This enabled us to drastically cut operating costs and put earnings back into the company’s expansion.
This runs counter to earlier assertions made by Avlitex that it makes money from bitcoin trading.
In any case, there is no concrete proof that Avlitex is making any form of outside income.
Moreover, the Ponzi logic test is not passed by Avlitex’s business plan. What does Avlitex require your money for if it already has bitcoin mining operations that generate up to 4.9% every day?
Currently, fresh investment is the only substantiated source of income coming into Avlitex. Avlitex would be considered a Ponzi scheme if it used fresh investments to cover ROI withdrawals. Like other MLM Ponzi scams, fresh money will stop coming in as soon as affiliate recruiting stops. Avlitex will ultimately fail as a result of this deprivation of ROI income. Ponzi schemes’ mathematical foundation ensures that most participants lose money when they fail.
Testimonials from people in other nations are included on the website, however they can be faked to give it a false impression of validity.
avlitex.com extremely low trust score, there is a good chance that the website is a hoax. Use caution when accessing this website!
Our algorithm examined a wide range of variables when it automatically evaluated Avlitex, including ownership information, location, popularity, and other elements linked to reviews, phony goods, threats, and phishing. All of the information gathered is used to generate a trust score.
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