A video on the Questra World site determines Jose Manuel Gilabert as CEO of the business. Aside from that, no info about Questra World’s management is offered.
Questra Reviews is a company just starting to trend. Their address is in Madrid, Spain is also supplied on the Questra World website.
The very same address appears on AirBnB (as a one bedroom home) for $45 a night. Soon to be part of the top multilevel marketing companies but not yet!
The Questra World website domain (” questraworld.es”) was signed up on the 30th of June. Questra Holdings is noted as the domain owner.
Questra World appears to have actually been at first released as Questra Holdings in mid 2015. Questra Holdings used the domain “questra.es”, which today is non-responsive.
In September 2016 Belgium’s Financial Services and Markets Authority provided a regulatory warning against Questra Holdings.
Questra Holdings is not a licensed investment firm or credit organization in Belgium. It is for that reason not permitted to provide banking and/or financial investment services in or from Belgium.
Furthermore, the system proposed by Questra Holdings has every look of being of a pyramidal type or at least of a Ponzi scams.
Whether this lead to the Questra World name-change is uncertain.
Potentially due to language barriers, I was unable to find any additional info on Jose Manuel Gilabert (MLM related or otherwise).
As always, if an MLM company is not honestly upfront about who is running or owns it, believe long and tough about signing up with and/or handing over any cash.
The Questra World Line of product
Questra World has no retailable service or products, with affiliates only able to market Questra World affiliate subscription itself.
The Questra World Payment Strategy
The Questra World compensation plan sees affiliates invest in eleven strategies, on the guarantee of a typical weekly ROI.
There are eleven affiliate ranks within the Questra World settlement strategy.
In addition to their respective certification requirements, they are as follows:
A unilevel payment structure positions an affiliate at the top of a unilevel group, with every personally hired affiliate placed straight under them (level 1):.
If any level 1 affiliates hire new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit brand-new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite variety of levels.
Commissions are paid out as a portion of funds invested by affiliates in a unilevel group.
If an affiliate is not at that Platinum Director or higher rank, they are paid their appropriate portion. The system then browses even more up the upline to pay exactly what remains of the overall 15% payout.
Eg. You are a Bronze Representative and recruit a new VIP affiliate (EUR100,000 EUR).
Your recommendation commission rate is 7%, so you are paid EUR7000 EUR.
This leaves 8% of the total 15% created, which has to be paid to a Silver Representative and higher ranked affiliates.
The Questra World system starts searching the upline for a Silver Agent or higher ranked affiliate.
The first it finds is a Bronze Director. A Bronze Director’s recommendation rate is 13%. 7% has currently been paid to you so they receive the difference of 6%.
Of the total 15%, 2% stays to be paid out.
The Questra World system continues to browse the upline for a Silver, Gold, Platinum, Handling or Super Director to pay the staying 2% out to.
If a Silver Director (14%) is discovered, the system pays out 1% and searches for higher ranked affiliates to pay the staying 1% out to.
If a Gold Director (14.5%) is discovered, the system pays out 1.5% and look for a higher ranked affiliate to pay the remaining 0.5% out to.
If a Platinum, Handling or Super Director is found, the system pays out the staying 2% and stop browsing.
Keep in mind that Platinum, Managing and Super Directors get the full 15% recommendation commission rate on all deposits made by personally recruited affiliates.
As the total is paid to these affiliates, no coded benefit is paid upline.
Interest Free Loan.
Questra World affiliates at the Gold Director and higher ranks can obtain an interest complimentary loan.
The Questra World website mentions the loan needs to be put towards realty or an automobile.
25% of the price of the real estate or vehicle should be paid by the affiliate. Questra World deal to pay the remaining 75% over a duration of 5 years (automobile) or 10 years (real estate).
Payments on the loan are gotten of a Questra World affiliate’s commissions.
Joining Questra World.
Questra World affiliate subscription is tied to financial investment in among eleven plans:.
Standard– EUR90 to EUR999,999 EUR.
White– EUR90 EUR.
Yellow– EUR270 EUR.
Green– EUR810 EUR.
Blue– EUR2430 EUR.
Red– EUR7290 EUR.
Black– EUR21,870 EUR.
Indigo– EUR65,610 EUR.
VIP– EUR100,000 EUR.
VIP Gold– EUR250,000 EUR.
VIP Platinum– EUR500,000 EUR.
The main difference in between the above strategies is earnings capacity through the Questra World payment strategy.
Presented in somewhat of a confusing matter, Questra World’s payment strategy is basic enough.
Questra World affiliates invest up to EUR999,999 EUR on the guarantee of weekly ROIs.
The only verifiable source of revenue going into Questra World is affiliate revenue. Making use of new affiliate income to settle existing affiliates makes Questra World a Ponzi scheme.
One thing I observed is that almost every video on the official Questra World YouTube channel is titled in Russian. This struck me as weird for a supposedly Spanish business.
I dug a little much deeper and stumbled upon a marketing discussion on the Questra World site.
Oddly enough the presentation start off by marketing Atlantic Global Asset Management.
Questra World claim to be an “marketing broker” with “unique rights” to promote Atlantic Global Property Management.
Atlantic Global Possession Management have investment plans of their own, using weekly Return of investments of as much as 6.47% on deposits of as much as EUR500,000 EUR.
The business maintains a website over at “atlanticgam.es”.
Atlantic Global Asset Management claim to create ROI earnings through the organizing and performing of IPOs, nevertheless absolutely nothing particularly connects ROI payouts to IPOs.
Leave aside that if Atlantic Global Possession Management were able to consistently create 300% to 500% Return of investments in 7 to 8 months, they ‘d have no need to obtain investment from affiliates.
The CEO of Atlantic Global Asset Management is mentioned as Andrey Andreevich Abakumov:.
This appears to be Questra World’s link to Russia.
No details beyond Abakumov’s involvement with Questra World and Atlantic Global Possession Management exists.
Antonino Vieira Robalo is cited as President of Atlantic Global Property Management’s “President of the Fund”.
Files in the discussion suggest Atlantic Global Possession Management have actually integrated themselves in Cabo Verde.
Cabo Verde, also referred to as Cape Verde, is a remote island nation of the west coast of Africa. It has a population of about 500,000.
Antonino Robalo is Questra World’s link to Cabo Verde. Otherwise the company doesn’t appear to have any physical existence there.
EcoBank, who Atlantic Global Property Management claim is “the biggest bank in Cabo Verde”, is purportedly who they wash invested affiliate funds through.
When we put all of this together, we get Russian scammers utilizing Spanish puppets to front their Ponzi scheme. Funds are washed through a remote African island bank, which is unlikely to journey money laundering filters.
None of this even remotely suggests any legitimate service activity is happening across either Russia, Spain or Cabo Verde.
Just like all Ponzi plans, Questra World will collapse once recruitment of brand-new affiliates dies out.
The extremely long maturity duration of investments (365 days) suggests Questra World, Atlantic Global Asset Management and other names they go by, will collapse long previously affiliates recognize their money is gone.