Welcome to our FOW Business Review!
There has been some buzz about this company so we decided to investigate what it was all about…
Some say it’s a scam while others FOW Business reviews are saying legit so which is it?
The good news is we are going to walk you through the company, products and compensation plan so you can make the right decision.
Let’s dig into this FOW Business review shall we…
FOW Business Review
The first thing that we are going to look into about FOW Business is that its website offers no details about its Administrative Staff.
The website only claims a Densley Craig acting as the FOW Business CEO.
In addition, although FOW Business provides an incorporation certificate from the UK, the UK address associated with FOW Business belongs to Companies Made Simple. This is a company formation agent that offers extremely cheap UK company incorporation services from as low as £15.99.
The incorporation process in the UK is typically quite cheap and largely unregulated. Hence, it has become a choice alternative for people seeking to create companies that do not meet “normal” compliance.
Furthermore, FOW Business states clearly on its website that its founding date was in 2015, but it turns out that claim is not a fact.
The incorporation for FOW Business’ UK was purchased on December 6th 2019, while its website domain was registered just the day before on December 5th 2019. Again, the website domain registration details for FOW Business are private.
Typically, when there is so much secrecy about who runs, or owns an MLM company, caution is key for potential members and investors.
FOW Business’ Products
FOW Business does not offer any branded retailable products or services. Affiliates of the company can only market the FOW Business Affiliate Membership.
Affiliates invest from $100 to $100,000 to purchase FOW tokens. They are promised a weekly ROI of 2% on their investment.
Commissions, returns, and all bonuses in FOW Business compensation plans are paid in FOW tokens.
Note that these tokens currently cannot be publicly traded and they are currently not worth anything outside the FOW Business.
Also, there is no information about the current value of FOW tokens either on the FOW website or in any of their marketing material.
Affiliates can make withdrawal requests for their FOW tokens which the company pays via bitcoin once weekly. When an affiliate decides to make a withdrawal within 60 days of investing, FOW Business will charge them an extra 15% fee.
FOW Business pays its affiliates a percentage of the FOW tokens invested by new affiliates that they recruit. Affiliates receive their referral commissions through a unilevel compensation structure.
This is how it works:
In a unilevel compensation structure, an affiliate is placed at the top of each unilevel team Everyone else that they recruit personally is placed directly under them to create level 1.
Once a level 1 affiliate recruits new affiliates, they occupy the positions directly underneath the original affiliate. This forms level 2 of the unilevel team.
Level 2 affiliates then personally recruit new affiliates and they are placed on level 3. This pattern of recruitment continues on and on although they limit referral commissions payable to the affiliates at 31 unilevel team levels.
FOW Business calculates and pays referral commissions as a percentage of the total funds invested across all 31 levels:
- Level 1 (personally recruited affiliates) commission payable is 50%.
- Level 2 commission payable is 25%.
- Level 3 commission payable is 10%.
- Levels 4 to 21 commission payable is 4%.
- Levels 22 to 32 commission payable is 2%.
FOW Business initially restricts affiliates on how many of the unilevel team levels they can earn commissions on. Information provided by this company about its compensation structure further states that an affiliate must fulfill the following conditions to qualify for earnings on all of the thirty-one levels:
- They must invest a minimum of $1000 themselves.
- They need to have recruited four affiliates with each of the four investing a minimum of $1000 a piece.
Referral Commissions Bonus
There are certain conditions that allow FOW Business affiliates to accelerate their earnings once they qualify for the following ranks:
- FOW Rank 1 (affiliate invests $1000 and personally recruits at least four affiliates who then invest $1000 as well, and generate $100,000 in their downline investment volume) – they will get a 4% referral commission bonus on all levels from 1 to 10.
- FOW Rank 2 (affiliate invests $5000 and has one FOW Rank 1 affiliate in two unilevel positions) – they get a 5% referral commission bonus on all levels from 1 to 21.
- FOW Rank 3 (affiliate invests $10,000 and has three FOW Rank 2 affiliates in three unilevel positions) – they qualify for a 6% referral commission bonus on all levels from 1 to 31.
- FOW Rank 4 (affiliate invests $25,000 and has four FOW Rank 3 affiliates in four unilevel positions) – they will get a 7% referral commission bonus on all the 32 unilevel team levels.
- FOW Rank 5 (affiliate invests $50,000 and has four FOW Rank 4 affiliates in four unilevel positions) – They will get a 10% referral commission bonus on all the 32 unilevel team levels.
ROI Matching Bonus
In addition, FOW Business affiliates earn what is called a “Matching Bonus” on FOW token returns paid to their recruited affiliates.
Affiliates receive this ROI Matching Bonus down three levels of recruitment on the unilevel team:
- Level 1 (on personally recruited affiliates) – they receive a 50% bonus.
- Level 2 – they get 25%.
- Level 3 – they get 10%.
How to Join FOW Business
It is free to join as a FOW Business affiliate. However, to qualify for full participation and to the get the chance at earning income it requires a minimum investment of $100 in FOW tokens.
FOW Business Review – Conclusion
According to FOW Business, they generate external revenue by means of a forex and crypto currency trading bot. They claim to be the world’s first exclusive platform that combines trillion-dollar traditional FOREX trading with the Crypto Market. They also promise investors earnings of up to 12% ROI monthly.
But interestingly, there is no evidence to substantiate their claims of generating external revenue to pay for affiliate withdrawals. If anyone knows or can prove anything differently, please leave a message in the comments.
Because this kind of investment is a passive one, the MLM opportunity offered by this organization in our opinion it classifies it as a securities offering.
Again, FOW Business claims on its website that the business is registered with the statutory financial regulators in 15 countries..
They tell potential investors that by choosing FOW Business, they are investing with a fully regulated industry leader that meets all the strict regulatory requirements to trade in 15 nations including countries such as Singapore, Denmark, and the United Kingdom.
But a closer look at these claims reveals some very unsettling details.
Starting with the UK, securities are regulated by the UK FCA. However, a search through the UK FCA’s register shows that FOW Business has no record of being registered to offer securities in the United Kingdom.
The FSA regulates securities in Denmark but a search of the FSA’s register does not show FOW Business as one of the registered organizations that can offer securities in Denmark.
For Singapore, the search could not be completed as the search function for the regulating body (the MSA) was down for maintenance at the time of this report.
Be that as it may, it is highly likely that FOW Business is not registered in Singapore either. This deceptive pattern suggests that the company is not registered as well in any of the 15 jurisdictions as claimed. If anyone knows or can prove anything differently, please leave a message in the comments.
When an investment company, or any company at all, hides the facts this much it is best to avoid them in general.
Unsuspecting members of the public are enticed to pay in their money in exchange for worthless FOW tokens – tokens that only have value for as long as FOW Business survives.
Such an occurrence will result in the collapse of the entire system. This is the way of all schemes in the past including Plus Token, Cloud Token, and many more.
Something to think about – since FOW Business has existed for just a few months and they are allegedly generating millions of dollars so soon, why do they need money from investors anyway? Again, If anyone knows or can prove anything differently, please leave a message in the comments.
Aaron and Shara What Do You Suggest?
That being said, if you have never marketed online or offline before, finding people could be very difficult for you.
We know when we first started trying to make money online, we failed miserably and we had no idea how to recruit.
That is why, we first started out by learning how to become a good marketers, but in this business you don't have to be a good marketer at all!
This is the business where we learned how to make money online WITHOUT being great marketers
If you don’t want to be in a business that requires you to host home parties or call all your friends and recruit your family to buy your stuff no worries.
We have the perfect business for you where you don’t have to recruit, you don’t have to own any product if you don't want to.
You will learn step by step on how to build a profitable business online WITHOUT having to market or recruit anyone else!
Anyways, we hope you enjoyed the Review.
Please comment below if you are part of this company as our readers would love to know how you are doing. Also, if there are any products or companies out there you want us to review please let us know!