Kosmoh Review – A Crypto Scam From Top To Bottom
Welcome to my Kosmoh Review; this post will introduce you to one of the latest MLM companies in the cryptocurrency niche. If you landed here because you want to know more about Kosmoh or you are looking for answers so you can decide if this business opportunity is legit or suitable for you, then you are in good hands.
The Kosmoh cryptocurrency website has been shut down. Other websites are now using the name “Kosmoh”, but the Kosmoh I’m reviewing in this blog post is gone. However, reviewing what these guys were doing can help you avoid getting scammed out of your hard-earned money
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Kosmoh Review – What Was This Company About?
From what I discovered, Amit Jaiswal owned
Kosmoh Review – The Kosmoh Wall of Lies
Above is a screenshot of the so-called “executive team” at Kosmoh. My apologies that I couldn’t get clearer pictures of this so-called team. Pay particular attention to “Tyler Weah.” As you can see from the screenshot below, he is a Fiverr actor! “Tyler Weah” didn’t even bother to change outfits or take the picture with a different background.
Another member of the “executive team” Jim Ashe, had a mustache, glasses, and beard photoshopped on his fake picture. The real photo is on the left, the FAKE one is on the right.
Here is another member of the so-called “executive team”, Peter Isner. The real picture is on the left, the FAKE photoshopped one is on the right: Thanks to our old friend www.tineye.com, noticed how often this photo has been bought, paid for, and used:
Below is another “member” of the so-called executive team, Peter Isner. The FAKE photoshopped picture is on the right. Wanna see how often this picture has been used?
According to www.tineye.com, this photo has been around the block – over 228 times:
Well, as you can see the Executive team at Kosmoh are all FAKE, all frauds. I’m 100% sure if we searched the other 4 members, we would come up with the same results: FAKE!
Kosmoh Review And Kosmoh Update, July 18th, 2020
Update July 18th, 2020 – As of the time of this update, Kosmoh has deleted its YouTube channel and Fivver actor marketing videos. Also, Kosmoh’s website is now 403…It’s no longer working! When you type in the URL www.kosmoh.com you get the following:
Kosmoh Review – Products Offered and Compensation Plan
Besides promoting its affiliate membership, this company didn’t have any retail products or services to offer. Similar companies, that I have reviewed, include Praetorian Group International and Circle of Finance. Since there is no product or service to talk about, let’s head straight to the
Compensation Plan
Kosmoh promised members 0.3% – 0.7% daily return when they invest between #$300 to $50,000. They had different packages members could opt into:
- Starter – 300 dollars
- Trader – 500 dollars
- Pro-Trader – 1200 dollars
- Explorer – 3000 dollars
- Pro-Explorer – 7000 dollars
- Advance – 15,000 dollars
- Mentor – 50,000 dollars
Returns on investment were capped at 400$. Not surprisingly, if you want to continue making money on the platform, you will have to reinvest.
Residual Commissions and Affiliate Bonus
Residual commissions were supposedly paid through a
A percentage of the money invested across the levels is paid to affiliates. Also, there is a cap for daily residual commissions depending on the investment package you purchased when joining. For example, if you purchase the package for 15,000 dollars, your commissions will be capped to 15,000 USD per day. If you want to earn beyond level 12, you must meet all the requirements of a Manager, irrespective of your previous investment.
Affiliate Bonus
It appears that the Kosmoh affiliate bonus was more of a reinvestment bonus. Affiliate bonuses are paid using the same uni-level plan structure described above. For every affiliate you recruit personally, you will earn 50% as an affiliate bonus, provided the recruits activate their account with the affiliate membership pack of 50 dollars for a lifetime.
What Is the Registration Cost
You would have had to invest between $300 – $50,000 for Kosmoh affiliate membership. All investments are made in cryptocurrency, bitcoin, and Ethereum. See packages and prices below:
- Starter – $300
- Trader – $500
- Pro-Trader – $1200
- Explorer – $3000
- Pro-Explorer – $7000
- Advance – $15,000
- Mentor – $50,000
As you can see, the pricing gets pretty steep. That’s understandable when you realize that Kosmoh relied heavily on recruits’ money to keep the scheme afloat. At this point, it’s not looking good for
Kosmoh Was A Straight-Up Ponzi Scheme
Was the Kosmoh crypto business opportunity a scam? From what the company was promoting, all external revenues are generated by trading in cryptocurrencies. These scammers were able to steal people’s money by having professional-sounding statements on their websites like the following:
“The Kosmoh Application is built with the knowledge and expertise of traders and is coupled with machine learning and artificial intelligence, delivering the first of its kind trading ecosystem.“
Do not fall for the false testimonials you see, most or all of them are photoshopped images, and the videos were created by hired actors from freelancing websites. I do not believe that this company is into any form of trade, there is every indication that they generate their income from money gotten from recruits.
Thus, Kosmoh was nothing more than a flat-out Ponzi scheme. Do not forget they do not have any retail product or service to offer. I am pretty sure you value your time, effort, and money, so I do not recommend joining this platform for any reason. As I mentioned earlier, Kosmoh’s website is no longer available, which means that this fraudulent Ponzi scheme imploded on itself far sooner than anyone expected. As far as I’m concerned, that’s GREAT news!
Warning: The RED Flags of Schemes and Scams Online
These are some of the things that you need to watch out for with multi-level marketing companies like Kosmoh, as they are red flags that should not be ignored. There are a tremendous amount of scams online and you need to know what to look out for so you don’t lose any of your hard-earned money or your valuable time.
- A FREE Trial Is NOT Offered By the Company
This is a big one to look out for. Most information products are worthless, and if you could jump directly into those products and “try them out” before you had to invest in them, you would never invest in the low-quality substance. That is why they hide behind a payment. If their information is so good, should they not prove it by giving you a taste of it?
2. Companies That Don’t Clearly Outline Pricing
If you go to a sales page for a product and they don’t disclose the price clearly, you will likely get “duped.” Any legitimate company will offer clarity on pricing and have a pricing page on their website. MANY companies in this industry HIDE their pricing; it is unethical, and it will almost certainly scam you. Also, if the company charges hundreds or even thousands of dollars for their products or for joining their business “opportunity,” it should be of concern.
3. MLM Companies That Use Video Sales Pages / Squeeze Pages
If you visit a “sales page” and the only thing you see on the website is HYPE, this is almost certainly going to be an expensive, overpriced scam. This marketing tactic is used to HIDE pricing and hide the product itself. They typically ask for your email or a small payment, and then you are going to be put through an extensive and expensive sales funnel.
4. Companies That Don’t Have a High TrustPilot Rating
TrustPilot is the place where you should be going to get real consumer reviews about products/services that you plan on buying. If a company doesn’t exist on this website or has a rating lower than 4.5 out of 5 stars, then you may want to second guess it, and there are going to be better programs and services available.
5. Multi-Level Marketing Companies That Sell “Riches” Without Telling You the Process
If you are being pushed by the idea that you are going to be “rich” without telling you what you will be doing to earn this money (in a specific way), then they are selling the sizzle…and chances are there is no “steak” after you make your purchase. Avoid programs like this like a plague.
6. Companies Without an Easy Way to Contact Them
If you don’t have a direct way to contact the company to answer questions about their program, then they are hiding behind something. That is the first clue, and I recommend you test it. If the company has an email address, email it. If you don’t get a response within 48 hours at most, then that is probably the sort of help you can expect in the future.
7. Companies That Don’t Offer Direct Access/Communication with the Owners
Who owns the product? Can you get help and/or communicate with them directly? If NOT, then this program is more than likely in the business of taking your money. CEOs in the opportunity world who are not willing to directly communicate with their customers have a “too good for you” mentality, and they should be avoided.
8. Companies That Are Just “Information”
If they are just providing you with “ideas” about how you could create a business without offering you all the tools, services, and levels of ongoing support that you need to succeed online, you are going to have a tough time succeeding. Many companies charge you for their information and then tell you that you need to purchase all sorts of stuff to use the techniques taught.
When you look at the evidence, multi-level marketing platforms like the Kosmoh are not business opportunities you want to get involved with! The above facts have proven that Kosmoh is a straight-up SCAM!
As you can conclude from the above information, multi-level marketing companies are not all what they claim to be. Too often, people put their hope and trust in someone else making money for them instead of learning how to leverage the power of the internet with their own online presence. People look for others to rescue them financially when, in reality, YOU have to come to your financial rescue!
However, there is a BETTER OPTION if you want to create your own online business. There is a platform available that will teach you step by step how to build your own online business, an ethical platform whose primary focus is to help everyday people learn how to make money online, a platform where you can immediately have access to individuals who are highly successful with their online businesses. Introducing Wealthy Affiliate, The Industry Leader in the Online Business Space…
- Wealthy Affiliate (or WA for short) Offers a Free Trial
- WA Offers Clear Pricing
- WA Offers a comprehensive website
- WA has a High TrustPilot Rating
- WA is not a get-rich-quick scheme
- WA offers a clear way to contact the company
- You can contact Kyle & Carson directly
- WA offers tools and support
(1) Companies That Don’t Offer a Free Trial.
This is one of the key reasons that I want to introduce you to Wealthy Affiliate. You can get a “test drive” to Wealthy Affiliate, but that doesn’t end, and there is NO credit card requirement. This is their Starter membership, and it includes more than any paid product I have seen in this industry. Here are just a few things that you get within the COMPLETELY FREE Starter membership.
- One Free Profit-Ready Website (Hosting Included)
- Getting Started Training, 10 Full Video Lessons
- 7 Days of Full Mentorship & Expert Help
- Communication Directly with Kyle & Carson (the founders)
- Keyword and Market Research Tools
- The Affiliate Opportunity Platform
- Ability to Network with Millions of Fellow Entrepreneurs
- 100’s of training resources
- And Much More!
(2) Companies That Dont’ Clearly Outline Pricing.
Wealthy Affiliate’s pricing page clearly outlines three available memberships: a Starter membership (FREE), a Premium ($49/month), or a Premium Plus+ ($99/month). There are no upsells and nothing more complex than this. You are not obligated to upgrade, but if you do decide to, you can run a million-dollar online business utilizing the platform and tools that Wealthy Affiliate offers.
(3) Companies That Use Video Sales Pages / Squeeze Pages.
Wealthy Affiliate offers a comprehensive website where you can learn more about the exact process of building an online business and all of the platforms, technology, and services involved that are offered to you as a member. This includes a thorough outline of WA’s education, hosting, website, domains, community, and success elements.
(4) Companies That Don’t Have a High TrustPilot Rating.
WealthyAffiliate.com has a 4.8 STAR rating on TrustPilot. The owners personally get back to every comment, and this leads to the industry. It is tough to achieve a rating like this in any industry, let alone in the make-money-online niche.
(5) Companies That Sell “Riches”.
One thing you will not hear from Wealthy Affiliate in any of their training or marketing is “get rich quick.” The reality is that to build a business, you first have to build a solid foundation and understand it. Wealthy Affiliate provides you with the tools, training, and platform you need to create a business of any size online (even million-dollar websites), but you must be realistic about the process. It will take some hard work and dedication.
(6) Companies Without an Easy Way to Contact Them.
You can contact Wealthy Affiliate directly from their website without being a member. They have a contact form, and the owners freely share their email addresses if you ever need to get in touch with them or have any questions. They are kyle@wealthyaffiliate.com and carson@wealthyaffiliate.com. Feel free to reach them directly if you have questions, and of course, as a member, you are going to have access to them within the community. Which leads me to…
(7) Companies That Don’t Offer Direct Access/Communication with the Owners.
Wealthy Affiliate is the most transparent company in the space and offers you access to Kyle and Carson, the founders, directly within the community. If you want help from them directly, just ask. You can even access them for their help and mentorship within the first 7 days of the Starter membership…so without paying a dime, you can access both of the owners directly!
(8) Companies That Are Just “Information”.
Many things are required to build a successful business online, and Wealthy Affiliate includes all of them. To build an online business, you need a website, top-tier hosting, marketing and research tools, ongoing education of the latest marketing strategies, writing tools/platforms, and a way to find the TOP opportunities online. Not to mention support, mentorship, and expertise. These are ALL things that Wealthy Affiliate provides you with any level of membership, equipping you to create, grow, and manage a business of any level online.
No other company in the industry offers a free “test drive,” as they likely don’t have the confidence that someone would purchase a trial. WA gives you access to its platforms, websites, hosting, research tools, community, and support within the free membership…so there is ZERO risk, and you can make a decision if you ever want to purchase a premium membership.
Here’s more great news: You don’t have to look for half-baked fake opportunities on the internet wondering if this is the opportunity where you can make money. The internet is riddled with filthy scammers who don’t give a crap about you or your circumstances. Fortunately, there is a group of people who do care about your circumstances – the members of Wealthy Affiliate.
Wealthy Affiliate Will Help You Learn How to Make Money Online
I can tell you personally the best business decision I ever made was becoming a member of Wealthy Affiliate. They’ve made it as easy as possible for an ordinary person to learn how to make an extraordinary income online. Not only that, but the owners of Wealthy Affiliate, Kyle Loudon and Carson Lim, have made it possible for you to try Wealthy Affiliate FREE. You can open a FREE Wealthy Affiliate account so you can try out the platform for yourself – no debit or credit card is needed.
Why Wealthy Affiliate Is The Right Platform For YOU
The decision is yours to make, my friend. Are you going to work to make a complete shift in your financial situation, or are you going to keep doing the same things you always do? Think about this: Before you decide that this is not the right time or you’re “too tired” or you have “other commitments”, consider these words: “If you do what you’ve always done, you’ll get what you’ve always gotten.”
The above words, from the late motivational speaker Jim Rohn, are a fact of life. I’m fully convinced I’ve made the right decision by building my business with Wealthy Affiliate. The question is What are you going to do?
Talk soon,
Howard
