Is USI Tech a Scam? What You Need To Know
If you are thinking about investing in USI-Tech, you might want to think again. There is a lot of hype surrounding this company but that doesn’t mean its a good idea. If you are suspicious of the bold claims this company makes and are wondering is USI Tech a scam then you are in the right place.
I have been getting questions recently regarding the legitimacy of this company and I was also interested in knowing if this is the real deal myself, so I decided to take a look into it. In this short review I’ll be going over what you NEED to know about this place that they aren’t going to tell you.
- Website: usi-tech.info
- Recommended?: No, more on this
Upon investigating this site, as with any other possible scam, I first look into the people or company behind it. And this is where I met the first red flag.
The problem is that there is just about no information on this company whatsoever and their claims cannot be proven.
They claim to specialize in the development of automated trading software in the FOREX market and they also claim they have been around for 8 years. My question is… if they have been around so long why is there no information on them? And why is this website just not all of a sudden being promoted like crazy?
Also another thing I came across is that the domain name (usi-tech.info) was registered by Francesco R. Fusco who lives in Dubia, where the company is based out of. I did a simple whois search of usi-tech.info to find this.
Now just because this company is based in Dubai doesn’t mean its a scam by any means, but this does add to my suspicion because of the fact that many of these investment scams are based in other countries other than the US, where they can more easily operate scams.
Their only product is their automated trading robot which they claim to have been developing the past 8 years. There is no real proof that this trading robot actually exists and I am very skeptical that it does at all.
What makes me really skeptical is their compensation plan, which really makes this whole thing seem like a pyramid scheme.
The Compensation Plan
The reason that USI-Tech is being promoted so heavily right now is because of the mlm comp plan that they have. Members can recruit others in and make money off of their investments and the investments from people that they recruit and so on. These “investments” are made in the form of Bitcoin packages.
The compensation plan is uni-level and goes up to 12 levels deep. This means that you can potential earn commissions from your recruits (1st level), their recruits (second level)… all the way to 12 levels deep.
When you start out you will only be able to earn 10% commission from your direct recruits and 3% commissions from the people that they recruit. These commissions will come from the amount they invest in USI Tech.
In order to unlock levels 3-12 you will have to become an Agency Partner. And to do this you will have to do one of the following…
- purchase an agency license and have referred 3 people with a minimum of 12 BTC packages
- purchase a forex license and have referred 3 people who have also purchased this license
- purchase a forex license and have referred 3 people with a minimim of 12 BTC packages
If you unlock all 12 levels of the comp plan you will earn commissions on each level as follows…
- Level 1 – 10%
- Level 2 – 3%
- Level 3 – 3%
- Level 4 – 3%
- Level 5 – 3%
- Level 6 – 3%
- Level 7 – 3%
- Level 8 – 3%
- Level 9 – 1%
- Level 10 – 1%
- Level 11 – 1%
- Level 12 – 1%
You can watch a more detailed video on the comp plan if you want to below. I do not own this video and it is for educational purposes only.
How Much Does It Cost?
Well if you want any chance of actually making money you are going to have to become an Agency Partner which costs a heck of a lot of money.
Either or is going to cost you 600 Euros. I’m not sure what that equals in US dollars but its a lot.
Sound Like a Pyramid Scheme?
Is USI-Tech a pyramid scheme? The answer to this is more than likely YES.
Why? Well because there is no proof that they even have any trading robot. It seems to me that this might be nothing more than a big exchange of money where old investors are compensated by the investments of new members, which means its a pyramid scheme.
I have seen plenty of internet based investment pyramid schemes like this one and this has all of the common characteristics of one.
Final Thoughts & What I Recommend
The bottom line here is that you just cannot trust USI-Tech. The internet is absolutely filled with scams that are darn near identical to this and they all come across the same. They provide very little information about who they are, they claim to be made up of trading professionals who are going to make you tons of money back on your investment, and they all have compensation plans where you can get paid to refer new members in.
There are legitimate ways to make money investing in Bitcoin, as most of these scams claim to do, but USI-Tech just isn’t one of them so it seems. There just isn’t any proof that they are legitimate and the overall lack of information on the company make me think its a scam for sure.
But anyway… invest in them at your own risk. I don’t recommend it though.
If you are looking for a more legitimate and realistic way to make money online then I would suggest to take a peek at how I make money online.
I make a living working online and it has nothing to do with some fairy-tale investment scheme like this. You can read a post I wrote about it by clicking the link below. In this post I go over what it is that I do, how it all works, and how others can get started doing the same.
Comments, questions, concerns??? Leave them below and I’ll get back to you soon 🙂