New Tycoon Plus Review – Legit Investment Opportunity or Scam?
Welcome to my New Tycoon Plus Review!
There has been some buzz about this company so I decided to check it out for myself…
Chances are someone approached you about their 128% ROI every 7 months and you decided to read this review because you want to make sure it’s legit.
It seems like the crypto mlm space has gotten a ton of bad rep for scamming people in the past…
In fact, I haven’t seen even ONE legit company to come out…
Maybe it will be different here?
Keep reading and find out…
New Tycoon Plus Review – The Company
According to their website, the Founders include Richard Tan (Chairman), Michael Burnette (CEO), Veronica Tan ( General Manager) and Patrick Liew (Adviser).
Now what I noticed they are the same people who were in charge of a company called Success Life.
They are apparently launching a “Success Token” next month and are based out of Singapore.
They are also listed on the ASX as “Success Global Media”.
Maybe due to a language, I couldn’t really get more information on them…
It does appear that those owners actually existing which is a good thing lol.
New Tycoon Plus Reviews – The Products
New Tycoon Plus doesn’t have any retail products or services, but you can promote the affiliate membership.
You can also invest in their opportunity for an ROI which I will get into next…
New Tycoon Plus Compensation Plan
Members of New Tycoon Plus invest bitcoin on a promise they will get a 128% ROI in seven months which is crazy right?
Here is the break down of that below:
- 12MP – Invest $1200 and receive $1536
- 50MP – Invest $5000 and receive $6400
- 100MP – Invest$10,000 and receive $12,800
When you do ride it out for seven months, you can get 5% of your initial investment in “Success Tokens”.
Referral Commissions
All referral commissions are paid out through a unilevel compensation plan structure.
New Tycoon Plus caps theirs at 12 levels in total and pay you a percentage of your downlines investments.
This is the break down of that below:
- Level 1 (personally sponsored affiliates) – 10%
- Level 2 and 3 – 4%
- Level 4 to 6 – 3%
- Level 7 and 8 – 2%
- Level 9 to 12 – 1%
Cost To Join New Tycoon Plus
The cost to join New Tycoon Plus is $50 plus a $1200 investment in Bitcoin…
The moment you have been waiting for inside of this New Tycoon Plus review…
Verdict On New Tycoon Plus
New Tycoon Plus claims their ROI’s are generated through crypto currency mining…
I couldn’t find any evidence of this other than some stock images of ASIC miners and GPU’s in their marketing material.
Plus, for them to promise an ROI, they need to be registered with the SEC in USA and Canada in order to be legal.
However, I don’t see that registration there at all…
So for US and Canadians, this is considered unregistered securities and companies like BitConnect and USI Tech have pretty much abandoned all US/Canadian markets.
Actually, BitConnect and DavorCoin is completely gone and most of their members lost tons of money.
Which is pretty sad…
With marketing material saying “Grow Your Wealth! with ACTIVE INCOME and / or Passive Income Globally 24/7!”
It’s a safe bet that the FEDS will be on any affiliates who are in the USA and Canada.
I do NOT recommend New Tycoon Plus the way it is right now…
I hope you enjoyed my New Tycoon Plus review and if you have any questions, please leave them in the comments below…
My #1 Recommendation
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The best part is you don’t have to recruit a single person which is insane 🙂
Plus there is a refund guarantee, so there is no risk.
Test it out for yourself below…
You will thank me later 🙂
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See you at the top,
-Jesse Singh
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