Newcrest Investment claims to divest funds into fields like crypto trade, real estate, and agriculture but offers zero proof or evidence of profits from those ventures.
The official website (newcrestinvestments.ltd) features typical profit options like _
- Affiliate Programs,
- Membership loyalty perks, and
- Bonus Cycles.
As for the legal aspect, Newcrest Investment provides a UK certificate of incorporation.
Table of Contents
Stock Photos
Further, the company is run by a team of execs, with cropped stock photos as proof of good faith, which brings our review to the issue of fake testimonials on the site.
One affiliate, Andrew Michael, claims that he earns promptly from the platform and recruited his family to build his downlines.
Andrew’s profile pic down the page has a classic cam ambiance to it. So, out of curiosity, we ran a reverse Google search for the Image and got entirely different results from what Newcrest Investment put on its site.
Apparently, Andrew Michael is a jumble of random first names appended to a stock photo from Pinterest.
The person doesn’t exist, and his image On Newcrest Investment is lifted from Shutterstock, appearing as an abstract on the Pinterest post titled Ginger Boys Ideas.
Also, the vagueness of the testimony on the site proves the falsity. Neither the stock photos nor the company execs are reliable leads about backend profits. Here is why.
Dominick Philips, designated as overseer of strategic management, runs PR for a chain of high-yield programs that are different from the CV pitch the man attaches to his LinkedIn and profile on the company website.
Apart from short stints running triangle schemes, none of the execs have any verifiable on-ground record of handling any real estate, agric, or crypto business. For all their CV worth, none of them exists outside the website.
Read on below for more info.
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Newcrest Investment: Affiliate Compensation Plans
Members typically invest in bitcoins (BTCs) for a validity period. After a cycle, Newcrest Investment pays a flat quote ROI per affiliate tier.
Also, it incorporates a unilevel bonus grid into the program, with options for the affiliates to earn from referral downlines. Below are the available tiers.
Newcrest Tycoon Plan _ pays four percent (4%) daily over a six (6) days investment period, accumulating one hundred and twenty-four percent (124%) ROI
Premium Plan _ pays three percent (3%) daily over a six (6) days investment period, accumulating one hundred and eighteen percent (118%) ROI
Standard Plan _ pays two and a half percent (2.5%) daily over a six (6) days investment period, accumulating one hundred and fifteen percent (115%) ROI
Bronze Plan _ pays two percent (2%) daily over a six (6) days investment period, accumulating one hundred and twelve percent (112%) ROI
Moreover, an affiliate can earn up to ten percent (10%) referral commission for personally referring members to buy a package. Other levels pay percentage commissions as well, depending on a unilevel grid.
Here is how the referral downline grid commission works.
Unilevel grids allot the top position to an affiliate upon registration. The affiliate can start other levels by personally recruiting members to Level 1. Similarly, Level 1 affiliates start Level 2 by recruiting people to buy membership packages.
Each member in every level is part of a branching lattice, which continues down an infinite level.
The loyalty perks include the Bonus Cycle discussed in the following section.
Bonus Cycles _ Refer Members and Get Rewards
Newcrest Investment provides a three-part ranking model for all its affiliates, depending on the affiliates’ downline volumes. Below is how it works.
Ferrari & a monthly $10000 cash (NCI Ambassador) _ available for thirty thousand dollars ($30000) direct investment and five hundred thousand dollars ($500000) in referral downlines
24hrs Free Shopping Spree, Visit to Company Headquarters, and a monthly $7000 (NCI Director) _ available for twenty thousand dollars ($20000) direct investment and three hundred thousand dollars ($300000) generated in referral downlines
Rolex Watch & a monthly $3500 cash (NCI Regional Representative) _ available for ten thousand dollars ($10000) direct investment and one hundred thousand dollars ($100000) generated in referral downlines
Note:
Every deposit is made in bitcoins (BTCs).
How to Login to Newcrest
- Select Login from the homepage.
- Enter the relevant details (email address and password).
- Provide your referral code (sort of Captcha).
- Finally, click on Log In.
Is the company legit? Find out below.
Crypto & Real Estate Scam _ Red Flag!
Newcrest Investment claims to generate up to 124% in returns in just six days by investing in crypto and real estate. It also offers similar services like loans, gold, forex markets, and crude oil.
So, we checked the site for proof of revenues from real estate. But there is nothing to show for all the ads.
Newcrest Investment describes traditional real estate listing as “clunky, opaque, and inefficient” despite failing to provide any on-ground innovation supposedly pioneered by an unidentified Gary Beasely, who supposedly has “deep industry experience at various successful real estate.”
Closing its buzzword-ridden webpage for real estate, Newcrest Investment claims to coopt tech and ideas from Silicon Valley.
Does the company have any verifiable investments to show for all these? No
It keeps up with the vague riff even on its crypto webpage.
Newcrest Investment Review Conclusion _ Should You Invest?
It boils down to whether the company has any legit deals on the backend, which proves futile so far.
Add the issue of fake testimonials, vague market pitches for services it doesn’t even render, zero legal props, and execs without verifiable IDs offline, and Newcrest Investment is the typical HYIP Scam.
What is an HYIP?
It is a high-yield investment program offering to pay clients unrealistic high ROIs on small deposits.
Newcrest Investment promises a three-figure return in only six (6) days period. So far, nothing on the site shows that the company can pull off this feat, which it tries to conceal with at least one fake testimonial using a stock photo.
Moreover, there is a hint of duplicity, with Newcrest Investment alleged to use two domains (.com and .ltd) to offer similar passive profit programs.
Look up HYIPs on the US SEC website. It ends in a Ponzi scheme.
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