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So is this company a Ponzi scheme or is it REALLY legit?
There is absolutely no information on the Razzleton website signifying who owns or runs the business.
Razzleton claims to be involved in the ‘worldwide distribution of healthcare products‘.
On the website, the company claims:
“Razzleton HealthCare Limited has been in the wholesale drug market since 1995. Building a team of highly qualified pharmacists, skilled logistics experts and marketing specialist, we have grown from a small firm engaged in retail sales to a regional company with an annual turnover exceeding $10.000.000.”
As you can see Razzleton has had quite the buzz as of recently.
Check out the graph below from Google Trends:
The Razzleton website domain was initially registered in 1995. Though at that time it belonged to Razzleton Enterprises and was used to sell personal care, nutrition and technology products.
All the way back to January 2014, the “razzleton.com” has been for sale.
On or about August, 2015 the domain was parked with GoDaddy.
On or about December, 2015 a new Razzleton website went live, promising ROIs of up to 0.6% per day.
This corresponds with a domain registration update on December 4, 2015. This is more than likely when the present owners took possession of the Razzleton domain.
Therefore, to me this would mean the assertion that this company, as stated on the Razzleton website, has been around since 1995, is totally phony.
Note: The above can be confirmed dependently by anyone at all who wants to check it out at Archive.org’s Wayback Machine.
The owner of the company website is listed as “Jayden Woods”, with an address in the UK. The same address appears on the Razzleton website.
Razzleton – Digging Deeper
Additional research discloses a number of companies using this address, proposing that this company exists in the UK in name only.
A search of the UK Companies House database discloses Razzleton Healthcare Limited was only incorporated on September 8, 2016, not 1995.
Jayden Woods is listed as the only Director of the company, together with a residential address in London.
A UK incorporation costs around £20 GBP and needs nothing more than an address in the UK (which can be virtual).
One of the other companies which uses the same address as Razzleton is “Russian Trading Company Limited”. As per their LinkedIn profile, Russian Trading Company Limited operates in the financial services industry.
Alexa presently estimates that Russia is the main source of traffic to the company website.
There is no information whatsoever which is publicly available on Jayden Woods in association with Razzleton, apart from his name appearing on the Razzleton domain registration.
The official Razzleton Facebook group was formed on September 8th with a profile bearing the name “Alexander Walker”.
The Alexander Walker profile is phony, having only been formed in September. Other than a profile-picture change to Razzleton marketing material, there is no activity on the account at all.
Furthermore, the corporate history provided on the company website is not real. Neither Jayden Woods nor Alexender Walker truly exist and the company is more than likely run by Russian scammers, which is further evidenced by Telegram and VKontakte links on the Razzleton website.
As I’ve stated in the past, if an MLM company is not willingly truthful about who is running or owns it, think long and hard about joining and/or handing over any money.
The Razzleton Product Line
It’s unfortunate but this company has absolutely no retailable products or services whatsoever, with affiliates only capable of marketing Razzleton affiliate membership itself.
Razzleton Compensation Plan
The Razzleton compensation plan has affiliates invest money on the assurance of a ROI of up to 300% per month.
- Beginner – invest $10 to $1000 and receive a 2.1% daily ROI for 15 days (includes principal)
- Stability invest $1001 to $10,000 and receive a 2.3% daily ROI for 30 days (includes principal)
- Pro – invest $10,001 to $100,000 and receive a 2.9% daily ROI for 55 days (includes principal)
- Antibiotik – invest $100 to $1000 and receive a 150% ROI after 15 days
- Lab R&D – invest $15,000 to $20,000 and receive a 300% ROI after 30 days
Referral commissions are available on funds invested by recruited affiliates, paid down 3 levels of recruitment (uni-level):
- level 1 (personally recruited affiliates) – 7%
- level 2 – 2%
- level 3 – 1%
Note: The above referral commissions are also paid on ROI payments to downline affiliates.
Any company affiliates who invest at least $500.00 and focus on affiliate recruitment can apply to become “Representatives”.
The company Representatives are paid an increased referral commission rate:
- level 1 – 10%
- level 2 – 3%
- level 3 – 1%
Joining Razzleton – What’s the Cost?
With many programs such as this the affiliate membership is free, but affiliates need to invest at least $10.00 to participate in the opportunity.
Qualifying as a Representative affiliate requires an investment of at least $500.00.
The company represents that the ROIs they pay affiliates are obtained from a pharmaceutical investment portfolio:
“The investment portfolio is managed by our specialists with strong team in pharmaceutical, which allows effective analysis of the situation in wholesale of medicines.”
This claim fails all logic.
If Razzleton’s unidentified owners were able to legally produce a 300% ROI every 30 days, even a meek loan would make them crazy rich very quickly.
Nevertheless they are soliciting $10.00 investments from the general public.
My Razzleton Conclusion – Sad Reality 🙁
The actuality of this program is the lone provable source of revenue entering the company is invested affiliate funds.
The use of which is to pay current affiliates a ROI constitutes a Ponzi scheme.
Maybe more concerning than Russian scammers posing as pharmaceutical investors to rip naïve investors off, is the use of President-elect Donald Trump within which to market this scam.
The companies marketing material even goes so far as to claim Trump recommends the company. (Which is a false claim).
Irrespective of what you think about Trump politically, it should be clear that he has nothing to do with the Razzleton Ponzi scheme.
As with all Ponzi schemes, once recruitment of new affiliates dies down, this company will ultimately collapse.
With the shortest investment maturity period being 15 days, that gives the unidentified Razzleton administrators plenty of time to run.
By the time affiliates comprehend that the scheme has collapsed, most likely by way of continually withdrawal requests, it will definitely be too late.
Good luck getting your money back from Russian scammers with phony Donald Trump endorsements.
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