CashWorth : A Notorious con-art by Raja Riaz, the blatant head (Latest Update 2023)
CashWorth is an MLM ponzi scheme run by a serial scammer, Raja Riaz.
He faced a lot of negative attention in the past for his involvement in the notorious scam B4U Global. However, that didn’t stop him from launching new multi-level marketing scams.
There are plenty of red flags in this scheme and I’ll go through all of them.
But first, let’s take a look at the claims of this company and understand how they entice investors:
What is CashWorth? (What They Claim to Be)
If you are among the one who is looking to invest in NFT, you are in the perfect place. CashWorth claims to give an excellent opportunity to make extra money. The investment company works worldwide and holds several years of experience in various industry verticals.
NFT (Non-Fungible Token) is a unique digital asset identifier. That marks the ownership, authenticity or another usage right of a unique asset. For example, a piece of art, a musical composition, an entity within a video game etc.
CashWorth aims to improve the lives of clients, stakeholders, and employees. It claims to focus on building, growing, and making its clients reach new heights. The company gets in varied industry verticals like small, medium, and large enterprises.
Apart from this, CashWorth believes in making long-lasting business relationships and assists businesses in reaching great heights. Most importantly, CashWorth seeks to generate profits so that it can be shared with partners and investors.
People Behind CashWorth: Raja Riaz and B4U Global
Raja Riaz is the master distributor of CashWorth.
He was known as a promoter of B4U Global.
It was basically a scheme in which the investor gets 20%. Unfortunately in the year 2021, B4U Global collapsed.
Immediately after the incident, Pakistani authorities arrested the people behind the scam.
B4U Global suffered a loss of $46.7 and Rehman got arrested for the major loss. There were thousands of victims of Raja Riaz and this scam.
Hence, it’s obvious that Raja Riaz is a veteran scammer similar to Mansour Tawafi or Dilawar Singh. You should be extremely cautious of such people as they use their experience to take advantage of gullible investors and make themselves rich.
The B4U Global scam was among the largest scams in the region. But that didn’t stop Raja Riaz from launching CashWorth.
Now that you know what CashWorth claims to be and the past of its founder and master distributor, let’s take a look at its reality:
Is CashWorth a Ponzi Scheme?
Yes, it is a multi-level marketing Ponzi scheme. The particular scheme takes advantage of unsuspicious individuals by reassuring them of extraordinary returns. A Ponzi scheme promises a big profit at less to no risk. There are many companies that are engaged in a Ponzi scheme that focuses on attracting new clients to make investments.
All of them have caused severe losses to their investors.
Their victims have shared their painful experiences on multiple consumer platforms including Gripeo. You can check out their reviews to get a better idea of what they are going through.
What is a Ponzi Scheme?
The Ponzi Scheme is a pyramid scheme in which money can be doubled with low risk, high return. It’s a fraudulent investment program. The scheme comprises using payments gathered from new investors so that the amount can be paid off to the investors. The organizer promises to invest the money they collected to generate profits.
The MLM Structure of CashWorth: Their Compensation Plan
|Earth||invest $50 to 1499 and receive 7% to 9% a month|
|Saturn||invest $1500 to $4999 and receive 8% to 10 % a month|
|Neptune||invest $1500 to $4999 and receive 8% to 10 % a month|
|Jupiter||invest $15,000 to $49,999 and receive 9% to 11% a month|
|Mars||invest $15,000 to $49,999 and receive 9% to 11% a month|
|Mercury||invest $15,000 to $49,999 and receive 9% to 11% a month|
|Venus||invest $15,000 to $49,999 and receive 9% to 11% a month|
How to Join CashWorth?
The process to join CashWorth is quite a simple process and absolutely free. It requires a $50 minimum investment. CashWorth seeks investment in Tether, bitcoin, and Ethereum.
Steps to join CashWorth:
- Firstly, you need to enter your full name
- Enter your email id
- Now, enter your password
- Re-enter your password
- Type your contact number
- Check mark on I am not a robot
- Finally, checkmark on accept
Steps to login
- Initially, type your email ID
- Now, write the password
- Next, click on I’m not a robot
- Lastly, verify your account using SMS
CashWorth website is a scam, it basically collects investment. The website was introduced by scammer Raja Riaz. In case you are looking forward to investing in CashWorth, you should avoid as you might suffer major losses.
CashWorth is an MLM ponzi scheme that promises the world to prospective investors without delivering anything. Avoid investing with them because chances are, you would end up losing your entire investment.
- MLM scam
- Ponzi scheme
- Run by a serial scammer