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O’Qubuss is managed covertly. That’s because it’s probably a revival of the Ponzi scam IX Investors, which flopped twice.

The O’Qubuss webpage is empty when accessed. It appears that an O’Qubuss referral link is required to access the registration form and back office.

This is an effort to conceal the plan from the authorities.

The domain name for the O’Qubuss website was privately registered on June 23, 2022.

Alexander Hernandez’s connections are confirmed by O’Qubuss marketing:

Hernandez served as the Ponzi scheme’s CEO.

IX Investors, which were introduced in 2021, caught the attention of authorities in February 2022. Spanish and Ecuadorian securities regulators also issued alerts about the Ponzi scam.

Hernandez described the ultimate collapse of IX Investors as a “liquidation” before it occurred. This resulted in a quick reset of DIA, which was followed by an even quicker reboot of Hyperuincap.

Ecuador intensified its probe against IX Inversors and Hernandez in March 2022.

To further investigate money laundering and financial crimes, the Superintendencia de Bancos has referred its findings to the Financial and Economic Analysis Unit (UAFE).

That resulted in the formal collapse of IX Investors, DIA, and Hyperuincap. That is until Hernandez made a comeback in June with O’Qubuss.

Hernandez, a native of Ecuador, is said to have left the nation. It is unknown where he is right now or how he is doing.

O’Qubuss is largely being pushed throughout Latin America, just like its predecessors.

Investors are usually sought out by O’Qubuss fraudsters through dubious WhatsApp and Telegram groups:

Always consider joining and/or giving any money to an MLM firm very carefully if it is not transparent about who owns or runs it.

Products by O’Qubuss

There are no resaleable goods or services in O’Qubuss.

The only product that affiliates can promote is O’Qubuss affiliate membership.

Plan of Compensation for O’Qubuss

Affiliates of O’Qubuss make cryptocurrency investments in USD equivalents. On the promise of a 200 percent ROI, this is done.

O’Qubuss seeks funding for many XX plans:

Initial 100 to $100

Beginner 300 to $300

Beginner 500 to $500

$1000 for 1,000 entrepreneurs

$2000 for entrepreneurs

Executive 5000 – $5000 Entrepreneur 3000 – $3000

$10,000 – $10,000 for executives

Grand Investor 30,000 – $30,000 Executive 20,000 – 20,000

Grand Investor: $40,000.

$50,000 to $50,000 for Grand Investor

The 200 percent ROI includes any commissions obtained through O’Qubuss’ MLM offer.

To continue earning, reinvestment is necessary once 200 percent of the initial investment is accomplished.

O’Qubuss’ MLM division compensates for the acquisition of affiliate investors.

O’Qubuss provides referral commissions down three tiers of recruiting (unilevel) based on invested funds:

level 1 (affiliates individually recruited) – 6%

levels 2 and 3 are respectively 4% and 2%.

Rank Supplements

O’Qubuss offers the following one-time Rank Bonuses as compensation to affiliates who successfully persuade others to invest:

Business guru: get people to contribute $600,000 in exchange for a pin, tickets to an “international event,” and other perks.

Business Manager: get people to contribute $1,200,000 in exchange for “VIP Academy Trading Pro” membership (no details are provided about this).

Persuade others to contribute $2,000,000 and you’ll get a free 5-day, 4-night trip to Punta Cana in the Dominican Republic.

One thing to keep in mind is that only initial investment monitored across three levels counts for rank bonuses.

Taking up O’Qubuss

The O’Qubuss affiliate program is free to join.

The associated income potential, however, demands an investment ranging from $100 to $50,000 to fully participate.

Investment in bitcoin, binance coin, Binance USD, tether, and inhibits is sought after by O’Qubuss.

Conclusion

The loss of a large sum of money by thousands of IX Inversors in Ecuador was covered by Ecuadorian media back in March. Every nation IX Investors was marketed in had the same tale.

O’Qubuss, the Ponzi scheme’s third official rebirth, is more of the same.

Serial con artists who made money in IX Investors, DIA, and Hyperuincap will be present early on. They’ll take victims with them to make up for their losses.

The public will subsequently be able to access O’Qubuss’ website after those easy prey have been harvested.

If Ecuador’s probe doesn’t first expel Alexander Hernandez, that is. Although inconsistent, regulation of MLM Ponzi schemes does exist throughout Latin America.

As with all MLM Ponzi scams, the fresh investment will cease as soon as affiliate recruiting does.

As a result, O’Qubuss will soon experience another collapse due to a lack of ROI income.

The majority of participants in Ponzi schemes lose money, as we’ve seen with IX Investors, DIA, and Hyperuincap.

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