Is Melius Legit And Is The Reboot Called Be Any Better?

Many of you have come across a company called Melius and are wondering Is Melius Legit? Can you make money with this company? If you are here to find out if Melius is a scam cryptocurrency trading company, this Melius Review is for you. This brief unbiased post will tell you some important facts about this platform and if it’s worth your time. Once you are done reading, you can tell if this trading platform is a scam or not.

Is Melius Legit – Summary

• Company name: Melius
• Date Launched: 2018
• Registration cost: $45 plus upsells
• Rating: 1/10
• Recommendation: Not recommended

As you begin this review, understand that Melius has been rebranded as a new MLM called Be. Similarly, during this review, I may reference Melius in the past tense since it has been dissolved as of late 2019 – early 2020. Nonetheless, just follow me on this and read to the end. Melius is a company that specializes in forex and crypto training. Melius combined a multi-level-marketing opportunity that offered a cryptocurrency trading platform along with Forex, offering an ROI (Return On Investment) along with it.

The company was set up so that investors can trade and make profits. Jeremy Prasetyo, pictured below, was the CEO of Melius, and interestingly, it was his first major involvement in an MLM. After the demise of Melius, Prasetyo became a “Personal and Professional Performance Specialist”, speaking and consulting to companies and business leaders around the world. Exactly what a “Personal and Professional Performance Specialist” is I absolutely have no clue! Regarding Melius, it’s relevant that Jeremy Prasetyo had no multi-level-marketing background because the real manipulators of Melius, Monir and Moyn Islam, didn’t want to be front and center.

What’s interesting is the other co-founders of Melius, Monir and Moyn Islam, were never outwardly mentioned. The reason the Islam brothers, originally from the UK, were not front and center for Melius is before joining Melius they were knee-deep in scamming ethnic minorities out of millions from the OneCoin fraud. However, the Islam brothers, pictured below at a OneLife event, were just high-profile promoters of OneCoin.

The brothers claimed that they started to have questions about OneLife, which is the parent company behind OneCoin, and became disillusioned because “they were unable to get the answers they wanted.”

The Plot Thickens…

The real owner of OneCoin was a Bulgarian woman named Ruja Ignatova, pictured below. According to Wikipedia, Ignatova is a convicted Bulgarian fraudster. She is best known as the founder of a Ponzi scheme known as OneCoin, which has since been described as “one of the biggest scams in history”. A mind-numbing fact is that Ignatova and OneCoin swindled millions of people around the world out of a reported four billion US dollars!

Interestingly, as OneCoin began to fall apart, the Islam brothers conveniently fled to Dubai. After their experience with OneLife and OneCoin, the Islam Brothers became involved with Melius, a so-called cryptocurrency/trading multi-level-marketing platform. The major problem with Melius is that it was not registered with relevant authorities in any country; thus, according to authorities and government regulators, it’s operations are illegal.

Not being properly registered is a HUGE red flag and a consistent problem I see with all of these types of cryptocurrency/MLM platforms. You can cause problems for yourself and lose a great deal of money when you participate because operating a company like Melius without proper registration is actually against the law. Similarly, I don’t think Melius was completely honest about their source of revenue; I think they operated as a pyramid or Ponzi scheme.

How Do I Earn With Melius?

When you register, you will be granted access to a trading app known as iGoTrade, where you invest funds using their trade signals. Also, they offer another program known as GoPro Forex. The subscription is for 90 days, and it costs $3000; this will generate returns through trading activities.

Melius uses a binary compensation structure to pay residual commissions to their affiliates. The way a binary compensation structure is set up, an affiliate is placed at the top of a binary team, and under the affiliate there are two sides (left and right), with each new level hosting twice as many positions as the level above it.

Similarly, you will have to be a retail customer and enroll in trading courses to earn. You will then pay money to create an account you will use to trade on their platform, GoPro Forex. Also, you will be given an account with $50,000 to trade with when you pay $3000. I don’t see any sense in this, but this is how they set it up.

The idea of giving out $50,000 real money trading accounts for $3000 lacks common financial sense. This is a HUGE red flag that this company isn’t quite right. Actually, the way these schemes make most of their money is by recruiting new affiliates – that’s where most of their revenue comes from. Another way to earn is to use the MLM opportunity and earn commissions when you sell access to their retail products. You also get rewards when you recruit people, and you can make money when your downline invests.

Is Melius Legit – Red Flags On The Horizon

Almost everything of this company is flawed. They claim they generate money from trading; however, I seriously doubt this claim. If they are really making money from trading, they will be less interested in getting people to sign up for money. I doubt any form of trading is happening; they generate revenue from investments from recruits, which is illegal.

Another red flag is that they are not registered with any regulatory authorities. Melius carries out operations in 160 countries, and they are not registered with any regulatory bodies in any of the countries they operate in. Since they are not registered, they are committing security fraud, and you can get in trouble when you associate yourself with them.

Thirdly, they lied about their address. The address they provided in the United Kingdom is a virtual address. A lot of scammers do this to make their platform appear legit. And when you lose your funds, you will not be able to track or locate them.

Registration Cost

You will pay $45 to be an affiliate, but that’s not the only money you will pay. Don’t forget, you will have to invest in their trading system and pay for their trading courses. To access their trading platform, GoPro Forex, it will cost you $3000 for 90 days. 

Their trading courses are also expensive; they cost $450 – $1800 per month; to earn commissions on the platform, you will have to sell or personally invest 120 PV. Imagine paying all this money to a company that operates without legal permission. What will happen to your investment when the company folds or gets sued?

Compensation Plan

Their compensation plan is complex and difficult to understand. There is no compensation plan on their website; however, I saw a 30-minute video that explained the whole process. Please, save yourself the stress of knowing how it works; all you need to understand is Melius is a Ponzi/pyramid scheme.

Products Offered

Melius offers three different training courses and packages you can choose from. Basically, the products they offer are just to make you invest your funds. Their packages include:

Melius Adventure: A forex course containing trading strategies, analysis, a video library, and daily live sessions. The package costs $450 for 90 days.

Melius Escape: A course on blockchain that comes with coin analysis, daily live trading sessions on cryptocurrency, a video library, and a weekly coin magazine. The cost is $450 for 90 days.

Melius Experience: This package combines both Melius Adventure and Melius Escape.

However, to access this package, you either pay $600 for 90 days, $999 for 180 days, or $1800 for a year. Another product you will get when you subscribe to any of the above packages is the iGoTrade app. You can use this app to trade using the signals you get in your subscriptions.

The GoPro Forex subscription is another product you will pay for. It costs $3000, and you will be given access to a trading account containing $50,000 when you subscribe. To break even, you will have to earn above $6000 with a trade balance of $50,000.

Is Melius Legit Or A Scam?

Apparently, Jeremy Prasetyo bought on board so-called “industry experts” that Melius affiliates will learn from. Brad Alexander and Jonathan Morgan are the two that Melius has recruited.

Alexander was CEO of a company called FX Large, which ultimately collapsed.

The other “expert”, Jonathan Morgan, was a day trader for a company called Shield Wall Trading.

Strangely, the only thing you see on the Shield Wall Trading website is a graphic and Morgan’s email address.

Similarly, these were the two “experts” Melius was counting on to train new affiliates.

But wait! It gets better!

In an attempt to rake in as much money as possible, Melius appears to have made the decision to exploit unsuspecting, trusting, desperate people in third-world countries.

Sadly, these scammers have targeted countries like Nigeria, Benin, and Togo as sources of website traffic. Also, taking the lead in these marketing shenanigans were two brothers who are no strangers to scams, brothers Moyn and Monir Islam. The Islam brothers have a consistent history of inflicting Ponzi and Pyramid schemes on unwary consumers.

One of the most notorious examples is when Moyn and Monir Islam were promoting the cryptocurrency MLM OneCoin at recruitment rallies. However, the pair claimed that they started to question OneLife, the parent company behind OneCoin, but could not get the answers they wanted. Although OneCoin was marketed as a cryptocurrency investment unlike any other, it ultimately turned out to be a massive £3billion global fraud.

Afterwards, the Islam brothers moved on to a “wearable technology” pyramid scheme called Helo which they promised would be worth £ 2 billion in a few years. Not surprisingly, Helo has vanished without a trace. Gone. By the time the Islam Brothers joined Melius, we find that brother number three, Ehsaan, has joined Monir and Moyn.

Interestingly, Monir Islam said of Melius “This company is going to produce more millionaires than any company that I know of.” Did that promise by the Islam Brothers come true? No, not at all! At the time of writing this blog post, Melius is DEAD and has been rebranded into another questionable multi-level marketing platform. Consequently, there are no signs of activity from anything connected to Melius. Melius is similar to other MLMs I’ve reviewed on this blog such as:

• 1 Click Trading System
• Dagcoin Success Factory
• PayAsian
• AMZCoin
• Purple Mining

Forbes Magazine Was Wrong

Which brings me to another point: How on earth does Forbes magazine make the statement about Melius and the Islam Brothers that “They are on their way to building a billion-dollar company in three years?”

It’s because anyone can buy advertising space in Forbes magazine without the admins at Forbes doing their due diligence and checking out the so-called companies they’re selling advertising space to. The lesson here: You cannot rely on what Forbes Magazine says!

Is Melius Legit? – Absolutely Not!

As with all of these types of setups, Melius’ obvious regulatory non-compliance outweighs their weak, half-baked effort at appearing legal. Again, let’s look at the obvious shenanigans so that YOU can learn how to spot SCAMS for yourself and not get GOT by these online thieves:

• retail subscriptions are offered with no retail volume requirement
• The compensation plan is set up for the primary purpose of incentivizing affiliate recruitment
• not legally registered with relevant bodies
• products are overly expensive
• The company has a fake address on its website
• operating as a Ponzi and pyramid scheme.
• No real trading is taking place

All these red flags are indicators that this platform, and any other platform with similar criteria, are SCAMS, and they are out to steal as much of your money as possible. The company may look real, but it will collapse when there is no new investment or recruits to continue operations. I do not recommend this types of multi-level marketing platforms, and I advise you to stay away.

Update 2021: Melius Has Now Rebranded Itself Into Another MLM Called Be

What I want you to understand is this: Scammers don’t wake up one morning and all of a sudden grow a sense of morality. Once a Scammer, always a Scammer. The Islam brothers, who scammed millions of ethnic minorities through OneCoin, will have you believe that they were the victims of the OneCoin fraud. They’re also blaming the news media, crying about the fact that a prominent UK agency wrote a misinformed and biased story about their undignified exit from OneCoin.

What we need to understand is poor Monir and Moyn Islam, after raking in hundreds of millions of dollars from Onecoin victims, they are the ones who were treated unfairly! Similarly, after pocketing millions more from Melius, the Islam brothers dumped Melius before the situation got too heated and have now rebranded Melius as a new MLM called Be.

What’s their reason for starting another MLM? It’s NOT because the Islam brothers want to help people avoid being scammed! Actually, every 2-3 years, sometimes sooner, these multi-level marketing fraudsters will either change the name of the program or abandon it altogether to look for something new.

As one online press release stated: “This platform is created with a vision to educate and empower people from falling prey to scams and empower them with the right information.” Are you kidding me? 

Be Is A Reboot Of Melius

The plans to market the Melius reboot called Be began in late May of 2020. What is interesting is OneCoin was an obvious Ponzi scheme, however, Melius was not as obvious, although the same securities fraud roots were still there. 

As Melius started to collapse in late December 2019, the website domain for Be (“befactor.com”) was purchased on March 26th, 2020 with the promotion of the Melius reboot beginning in May of 2020. Furthermore, the Melius website and all of its associated social media profiles no longer exist. Not surprisingly, Be’s leadership cites the President and CEO as Moyn Islam, the CVO as Monir Islam, and CTO Ehsaan Islam as co-founders.

You Got 99 Problems…

99% of people who join MLMs end up losing their funds instead of making profits. This is something nobody will tell you when they want you to register under them. There are lots of reasons for this, but the two major ones are:

1) Overpriced offers

2) Difficult recruitment 

To be successful on any MLM, you will have to recruit hundreds of people to register under you. Are you good at recruiting people to join a platform? How many people can you even recruit? The primary reason why making money through multi-level marketing is very difficult is because it’s a bad business model. From my perspective, there are rocky times ahead for the MLM industry!

This is why I enjoy affiliate marketing; you won’t have to deal with any of these frustrating situations because you’re building a digital business. With affiliate marketing, your entire business is run from the comfort of your home. It’s a digital business – you manage your business from your laptop or desktop computer. No “opportunity” meetings, Zoom meetings, recruiting calls, monthly auto-ship commitments, none of that you have to deal with in affiliate marketing.

Facts You Need To Know About Multi-Level Marketing

Consider 12 facts about multi-level marketing you need to know before making a decision to join ANY MLM organization:

1. According to FTC, 99% of all MLM participants lose money 
2. The chances of profiting by starting your own small business are 38% more than by joining an MLM 
3. The profitability rate of running an online business is 10% – 20% higher than the profitability rate of joining an MLM
4. According to the AARP Foundation, 47% of MLM participants lose money, and 27% make no money.
5. 39% of MLM participants quit because pitching products and services to friends and family jeopardized their relationships
6. At least 50% of MLM reps quit within 1 year after joining an MLM, and 95% quit within 10 years
7. 75% of those who have joined and left an MLM state that they would never join another MLM in their life
8. A 2018 poll of 1049 MLM reps across various companies found that most of them make less than 70 cents an hour, 
9. 20% of them never made a sale
10. 60% of them had earned less than $500 in sales over the past five years
11. 32% of them acquired credit card debt to finance their MLM involvement

Now that you have THE FACTS, what decision will you make moving forward? Are you going to continue to trust the word of serial scammers and base your financial future on marketing hype and empty promises and lies? Will you continue to be manipulated by the fast-talking 

Warning: The RED Flags of Schemes and Scams Online

These are some of the red flags to watch out for with multi-level marketing companies like Melius and Be. There are many scams online, and you need to know what to look for to save your hard-earned money and valuable time.

1. The Company Does NOT Offer A FREE Trial

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 investing in them, you would never invest in low-quality substances. That is why they hide behind a payment. If their information is so good, should they not prove it by giving you a taste?

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 or promises of a HUGE ROI (return on investment), this will almost certainly 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 will be put through an extensive and expensive sales funnel.

4. Companies That Don’t Have a High Trustpilot Rating

Both Melius and Be have no Trustpilot rating. If a company you’re considering doing business with has no Trustpilot rating, you must avoid it. Trustpilot is where you should get genuine consumer reviews about products/services 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, you may want to guess it second, and better programs and services will be 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” or that you’ll be able to “make money in a short period ” 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 these types of programs like the plague.

6. Companies Without an Easy Way to Contact Them

They are hiding behind something if you don’t have a direct way to contact the company to answer questions about their program. 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 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 unwilling to communicate with their customers directly have a “too good for you” mentality, which should be avoided.

8. Companies That Are “Information” Only

If they provide you with “ideas” about how you could create a business without offering you all the tools, services, and levels of ongoing support you need to succeed online, you will have a tough time succeeding. Many companies charge you for their information and then tell you you must purchase all sorts of stuff to use the techniques taught.

When you look at the evidence, multi-level marketing platforms like the Melius and it’s reboot Be are so-called business opportunities you DO NOT want to get involved with!

When you look at the above eight points discussed, multi-level marketing platforms like Melius and Be are not business opportunities you want to get involved with! My rating of this so-called “make money online opportunity” is 0 out of 8!

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…

1. Wealthy Affiliate (or WA for short) Offers a Free Trial
2. WA Offers Clear Pricing
3. WA Offers a comprehensive website
4. WA has a High TrustPilot Rating
5. WA is not a get-rich-quick scheme 
6. WA offers a clear way to contact the company  
7. You can contact Kyle & Carson directly 
8. WA offers tools and support

(1) Companies That Don’t Offer a Free Trial.  

This is one of the key reasons 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, including more than any paid product I have seen in this industry. Here are a few things you get with 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 their training or marketing is “get rich quick.”  The reality is that to build a business, you first have to make 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). Still, it would be best if you were 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 contact them or have any questions. They are kyle@wealthyaffiliate.com and carson@wealthyaffiliate.com. Feel free to reach them directly if you have questions; of course, as a member, you will 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, ask. You can even access them for their help and mentorship within the first seven days of the Starter membership…so without paying a dime, you can access both owners directly!

(8) Companies That Are “Information” Only. 

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 at any membership level, equipping you to create, grow, and manage a business at 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 decide if you ever want to purchase a premium membership.

Are You Ready To Start Your Own Affiliate Marketing Business? 

What I strongly suggest is that you stop relying on the pyramid and Ponzi schemes like Melius or Be and build your own online business. The moment you come to understand that you’re going to have to participate in your own financial rescue, the sooner you can start making real progress toward financial freedom.

Wealthy Affiliate is the BEST platform I know to help people with ZERO experience build a profitable online business. When I started with Wealthy Affiliate I had absolutely ZERO marketing experience. Don’t be intimidated if you’re new at online marketing. Come on in and let Wealthy Affiliate show you how to make money online and create a life-changing income! It’s FREE to join and no credit card is required!

Get Started NOW!

Howard

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