A corporation that promotes itself to operate in the MLM sector, also known as the multi-level marketing industry, is called Vicion Group. It has anything to do with exchanging cryptocurrencies.
About Vicion Group
The Vicion Group is a multi-level marketing company that specializes in the Bitcoin space. According to the information provided, the corporation maintains operations in the United States from locations in California, Las Vegas, and Texas.
The Vicion Group asserts that its headquarters are located in Xalapa, which is located in Veracruz.
Vicion Group, an online investment platform, has produced significant talk in the market due to its assurances that it will deliver 200% returns when invested annually through its 12 packages. This buzz has been developed as a result of Vicion Group’s assertions that it will offer these returns.
The company is a digital investment platform that provides discount coupons to all of our business’s stakeholders, including our investors and the people who participate in our operations.
Who is the founder of Vicion Group?
Vicion Group was established by Rolando Limon, who also served as the company’s founder, and Gabriel Garcia, who also served in that capacity. It is headquartered in the state of California, which is located in the United States.
This should raise a red signal since, as far as I can determine, Limon does not have a digital imprint that can be taken seriously.
There is a single Facebook account with the name “Rolando R. Limon,” but it is completely devoid of content with the exception of a profile photo update made in November 2018. It should be pointed out that the same photograph can be seen on the website of the company.
Gabriel Garcia is said to have “ten years of experience in multi-level marketing business and leadership” according to company.
Additional research into Garcia demonstrates beyond a reasonable doubt that Limon is a real person:
Before joining Vicion Group, Garcia was an independent distributor for many multi-level marketing organizations, including Organo Gold, which is now known as Organo, and Appi Travels.
Danny Gauthier operated a Ponzi scheme under the name Appi Travels. In July of 2022, the third scheme attempt of the con was discovered to be a fraud.
When the Vicion Group was established?
The “viciongroup.com” and “viciongroup.net” internet names were both privately registered on January 5th, 2022, and are used by the Vicion Group.
How does the Vicion Group work?
Now, if we discuss how Vicion Group operates, we may categorize it into the following areas:
- Compensation Plan
- Affiliate Ranks
- Referral Commissions
- Residual Commissions
Products of Vicion Group
There are no goods or services that can be purchased from the company. Affiliates are only able to sell the affiliate membership itself when working with the company.
Compensation Plan of Vicion Group
Affiliates of the company invest United States Dollars through bank wire transfers or cryptocurrency equivalents.
This is done based on the guarantee of a daily ROI of 0.77%, which will be paid Monday through Friday.
The company promoted 0.77% weekly interest, which would amount to 200% in a year’s time. The MLM arm of the company generates revenue through the recruiting of affiliate investors.
Vicion Group Affiliate Ranks
Within the framework of the compensation scheme offered by the company are a total of thirteen different affiliate grades. The following criteria, together with their respective qualifications, are associated with each of them:
|Accumulated Weaker Binary Team Side Volume Required
The Vicion Group offers a referral commission of ten percent on all capital contributed by affiliates who were personally recruited. If an associate that you recruited reinvests at a higher tier, you will receive a referral commission of 5% of the amount invested.
Residual commissions are distributed by Vicion Group using a binary compensation mechanism.
A binary compensation system positions an affiliate at the pinnacle of a binary team, which is composed of two halves (left and right):
There are two slots available at the first level of the binary team. In order to construct the subsequent level of the binary team, you must first split these initial two slots into another two positions each (for a total of four positions).
The next tiers of the binary team are formed based on the requirements, and each new level contains twice as many positions as the level before it did in the hierarchy.
The binary team makes use of indirect as well as direct acquisition of affiliates in order to fill open positions. Take note that the depth of a binary team can increase to any desired level without being restricted in any way.
Vicion Group makes a tally of the total new investment volume on both sides of the binary team at the end of each “cycle” period.
On the weaker binary team side, residual commissions are paid out at a rate of 10 percent of the new investment volume.
After the payout has been taken care of, the volume is compared to the more powerful side and then flushed. Any volume that was not used, particularly on the more powerful side, is lost.
Take note that the Vicion Group does not provide any information regarding the duration of a “cycle” time. It’s either once a day or once a week, most of the time.
It is important to keep in mind that the Vicion Group limits the volume of binary teams to ten levels.
Rank Achievement Bonus
Affiliates of Vicion Group who qualify for levels Bronze and higher are eligible to receive one-time Rank Achievement Bonuses in the following amounts:
Affiliates of Vicion Group who have achieved the rank of Platinum and have at least one Gold or higher ranking affiliate on either side of their binary team are eligible for the Leaders Bonus.
The Leaders Bonus contributes an additional five percent of each downline investment made on the binary team that has a lower rank.
What is the process of Joining Vicion Group?
Affiliate participation in the Vicion Group is completely free. To fully participate in the income potential that has been attached, a minimum investment of one thousand dollars is required. The Vicion Group is looking to raise capital in USD as well as in a variety of cryptocurrencies.
On their website, Vicion Group does not offer a return on investment calculator (ROI ruse). The “promotion campaign” coupon item was the closest thing I could locate to what you’re looking for:
Concerns have been raised regarding a purported investment opportunity known as the Vicion Group, which may be conducting fraudulent business. In relation to this plan, some warning flags include the following: the promise of extraordinarily large returns, a lack of transparency regarding how these returns are created, and the possibility of involvement in securities fraud.
Affinity fraud can be identified by its tendency to target specific communities, such as the Spanish-speaking population in the United States, Central America, and South America. It appears that Vicion Group is engaging in this practice. Before putting your money into any chance, you should always make sure you’ve done your homework and given it careful consideration. This will help you avoid losing money.
Consider notifying the appropriate regulatory authorities, such as the SEC or local financial regulators, if you have reason to believe that fraudulent activity has been perpetrated. When you come across investment prospects that appear to be too good to be true, you should always exercise extreme caution and, if necessary, seek the opinion of a professional.
The following individuals have been identified as ringleaders for Vicion Group promotions in the United States: Camy Vasquez (California):
In the United States, Vicion Group also hosts promotional events, including:
This is significant because it indicates that the Securities and Exchange Commission has authority over the Vicion Group.
According to the findings of the Howey Test, the passive investment strategy put out by Vicion Group qualifies as an offering of securities.
A review of the SEC’s Edgar database, which is open to the public, indicates that none of the US promoters listed above, including Vicion Group, Rolando Limon, Gabriel Garcia, or any of the others, are registered.
This indicates that at the very least, Vicion Group is engaging in fraudulent activity involving securities.
mainly due to the fact that they are operating a straightforward Ponzi scheme.
As is the case with all multi-level marketing Ponzi schemes, new investment will dry up once affiliate recruiting comes to a halt.
This will deprive Vicion Group of money from ROI, which will eventually lead to the company’s demise.
The transition to their own cryptocurrency, the Vicion Coin, will most likely forestall the demise of the Vicion Group.
As can be seen up top, Vicion Coin has already implemented and is operating an additional “staking” type Ponzi scam on top of their primary Ponzi scheme.
It just lost access to Zelle, which is one of the signs that Vicion Group is already starting to set off regulatory triggers in the United States.
On August 18th, Vicion Group told US investors that they could no longer invest through Zelle due to a change in Zelle’s policies.
It is important to keep in mind that Vicion Group does not reveal to the general public the bank accounts through which they continue to unlawfully seek investment.
The mathematics that underlies Ponzi schemes ensures that when they fail, the vast majority of people who participated will be left out of pocket.
You may follow the mentioned links below to learn more about Vicion Group: