Wealth Generators (WG) is an unlicensed investment advisor and broker who has no business offering services to members of the public. In fact, their website Wealthgenerators.com admits that they are not registered with any governing body and that utilizing any of their service is quite risky.
In other words, they are distancing themselves from potential losses which you will incur if you use their services. As always, the old adage of past performance is not an indication of future performance.
So what exactly is Wealth Generators program? WG is not a typical ponzi scheme or ICO. In fact, these guys are quite clever when it comes to their presentation.
Note: You can genuinely INVEST IN Cryptos here
We would say that Wealth Generators isn’t a real investment program because real financial services have to seek some sort of licensing.
The website is making unverified claims and soliciting money from randoms on the internet. The question is, if they are this good at making money, why don’t they do it without involving other people? We don’t believe that millionaires will go out there to ask or beg people to join their movement. Unfortunately, that’s what Wealth Generators is doing.
In case you’re not convinced that this investment program is fake, this review will give you actual details accompanied by facts and irrefutable evidence. Let’s get started.
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The anonymous owners of this program claim to provide services related to Forex trading, Cryptocurrency mining, investment in startups and financial management services.
What exactly does this mean? It means that investors who are interested in Forex trading can subscribe to the relevant package to make a certain ROI at the end of the month.
In their Forex trading category, they have what is called ”FX Builder” Forex for the long term. If you decide to participate in this category of service, you will have access to newsletters, monthly commentary, and 1-3 trades per month.
Their ”expert trade analysts” claim that this is a long term investment service, which is why they can take up to 3 trades a month and no more.
Trades are allegedly analyzed on the long-term timeframes where they allegedly perform technical and fundamental analysis to identify swing trading opportunities.
Wealth Generators are supposed to deliver your trading signals through email, mobile app and on their website. The newsletter explains current happenings and events in the market.
A monthly webinar is allegedly hosted by someone called David, where he explains the current trades and patterns that could potential form afterwards.
Subscribed members can also ask him questions regarding market activities. This plan has a recurring fee every month.
The second category of service that Wealth Generators claim to offer is Crypto mining. Wealth Generators allegedly has mining equipment and are offering investment opportunities in ”unique mining packs”. They allegedly provide mining hardware installation, maintenance and energy costs on behalf of their customers.
Wealth Generators even promises that their mining equipment are very efficient, and are able to provide maximum daily output.
They claim that their company uses Nvidia P106/1060 GPUs or AMD RX GPUs to mine the most profitable coins.
What surprises us is that after one buys any of the 4 mining contracts, ”actual mining” is supposed to commence in 10 days.
They coins which they are mining will be paid out in Ethereum.
Finally, Wealth Generators wants us to believe that their mining farms are located in Romania and Iceland, a claim that cannot be verified at all.
You should also be aware of the fact that Wealth Generators has the most expensive mining plans on the internet, yet there is no proof that real mining is going on behind the scenes. The cheapest mining contract goes for $599 while the best mining companies on the internet are now willing to take any amount and set you up with your mining rig immediately.
The joke is not over yet. Wealth Generators has put all services under one roof. They are providing stock picking and financial lessons on how to save money and build wealth.
Their stock picking service is provided by someone called Michael Markowski, whom they refer to us ”startup expert”.
One of the greatest lies here is that Mr. Markowski was named by Forbes as one of its 50 greatest investors. Unfortunately, this claim cannot be verified anywhere on the internet. It is far-fetched and misleading.
They claim that this ”start up” expert wrote an article in 2010 where he recommended startups in the computer niche. 95% of the companies which he recommended at the time turned in a big profit. In other words, this man is allegedly right 95% of the time.
While we were expecting a link to that specific article that was written by Mr. Markowski, what we found was something totally different.
This guy looks like a stock photo because his details can’t be found online in as much as Wealth Generators is giving him a big name.
It remains to be seen whether or not he is a creation of these crooks.
Last but not least, Wealth Generators will teach you how to save to make wealth. They are literally providing financial training through interactive lessons and monthly webinars. The guy in this department is allegedly called ”ROSS JARDINE”. He has been identified by this website as an American Money mentor.
Unfortunately, we do not agree with this. The guy should first lead as an example before teaching his ”lessons” to others who want to learn how to save money.
Basically, the whole thing looks shady. You cannot believe these crooks even for a second. There is nothing in form of proof to convince any serious investor.
Since these guys are very clever and want to make money, they have setup monthly fees that range between $99.99 and $229.99.
What people do not know is that for you to continue with this service upon making this payment, you have to introduce more people so that you can earn commissions through several levels.
We strongly believe that these guys are operating a ponzi scheme and disguising it using the 4 services mentioned above. It is essentially a network marketing platform.
While the aforementioned products of the Wealth Geneators program will convince you that this is not a ponzi scheme, products have never been a thing with MLMs. What they are introducing as product or service category is nothing more than a plot to make the pyramid scheme look legit and legal.
As you can see, these guys are allegedly selling many things; from Cryptocurrency mining, Forex and Binary options to investment advice. However, there is a disclaimer that says you should not expect any profit from them and that Wealth Generators is not a financial or investment advisor. The question is, what exactly are they doing by offering services in this niche? They are contradicting themselves, which is making them look bad.
There is also a warning which says you should take their trades at your own risk. At least they are upfront with that. But what we dislike about this program is that they are not upfront when it comes to their real activities.
Wealth Generators is run by a very clever person. He has merged legit services and used them as a disguise for his Ponzi scheme. Avoid.
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