Hey there thanks for stopping by to read my Genesis Business Group Review!
It’s been a few days since my last review.
Sometimes it’s hard to keep up with so many MLM companies popping up daily.
Today I’m going to give you a full company, product (if one actually exists) and compensation plan overview.
You ready for the #1 review on the internet… Let’s Do It!
Genesis Business Group Review – Company
First things first lets take a closer look at the “goldtinkle.com” company website domain and what in fact we can find out there first.
As you can see the domain was register on December 9, 2018.
If you look at the website you’ll quickly find out they are operating in the MLM Trading niche.
David Cheng is listed as the “Group Chairman” of Genesis Business Group and I’m presuming he is also the owner of the company.
After doing a bit of research on Mr. Cheng he doesn’t seem to have much of a digital footprint outside of Genesis Business Group itself.
Now I’m not saying he doesn’t exist or it’s a fake name because he seems to be pretty active with the company.
What I am saying is there just isn’t much information out there for someone running a company.
Genesis Business Group ‘About Section’ talks about Mr. Cheng as being Honk Kong born but raised and educated in England.
He also seems to be an citizen of England if that matters to you.
Seems as if he’s gotten his MBA in business management in 2007.
As a corporation Mr. Cheng is running his company out of Malaysia showing details of NFA registration as well on their website.
The NFA is an industrywide, self-regulatory organization for the U.S. derivatives industry.
In all honesty I’m not familiar with the NFA and due to the fact that its registration says it is a “non-member and not subject to NFA oversight” makes me question it’s legitimacy.
You’ll have to either take it for what it is or research that on your own.
I’d suggest emailing the company if it is really concerning to you and wait for an answer back.
Genesis Business Group Compensation Plan
Affiliates must invest funds for 70% of a 15% monthly return.
With the 15% monthly return Genesis Business Group will keep 20% and the rest will go back to fund the company’s compensation plan.
As you can see Genesis Business Group pays it’s commissions on a uni level compensation plan.
So you can refer as many affiliates as you like which will go on your first level.
If any of the people on your first level refer other affiliates they will be placed on your second level.
This duplicates downward and you can be paid on five levels total.
Here are the levels and percentages you can earn on:
- Level 1 (personally sponsored affiliates) – 4%
- Level 2 – 3%
- Levels 3 to 5 – 1%
You can also earn on something called ‘differential commissions’ which I’ve really never heard of.
What I can tell it some sort of rank advancement payment structure.
There is very little detail on how this works so that’s about all I can say on that.
Cost to Join Genesis Business Group?
You can become a Genesis Business Group affiliate for free.
Aside from the company talking about Mr. Cheng having 20 years experience in finance, trade and forex there isn’t much information or proof of really anything.
I mean I see lots of pictures meeting one another, shaking hands and some talk about how Forex works but I don’t see any concrete proof that they are actually trading.
I hate to say it but if I were to guess most if not all of the income flowing through Genesis Business Group is people signing up and investing.
If that is the case and Genesis is paying commissions on new people coming in that is a Ponzi.
Trust me I wish I could say otherwise.
If the company can reach out and show me real proof or evidence of real profit through trading and Forex I will be happy to change my review.
As it stands now I’m calling this a classic money game and I’d personally stay away from this.
Hope you enjoyed my Genesis Business Group Review if you have any questions feel free leave a comment below.
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