There is always some type of get-rich-quick internet business that promises people instant wealth for little work. This type of opportunity is rare. The people who can get rich quickly by doing little work are not going to share their business with most people. As a matter of fact, the people who do have this type of opportunity are going to remain low-key. You won’t even know they are making tons of money by doing very little. They won’t shout it out to the world because they realize that a lot of people doing the same thing would cause their finances to dwindle. This is why most internet opportunities promising great wealth are a big joke. Unfortunately, Beurax a High-Yield Investment Program (HYIP) falls into this category.
The following information is a Beurax Review, and it will describe, analyze, and examine this online business opportunity. The ultimate goal of this article is to determine if Beurax is really a scam or a legit business opportunity that will make people rich beyond their dreams.
Is Beurax a Scam?
Yes, Beurax is a scam. There is no pretending like it’s not. When you look up this company online, many sites state that this company is not legit. The following sections will explain why.
The CEO of Beurax is a paid actor?
Okay, this was very concerning when I encountered this information. Why would a CEO of a legitimate business be a paid actor? This right here would make me think this company is a scam. Various online sources claim that Brand Watts, the founder and CEO of Beurax, is a paid actor. Why do they make this claim?
Well, people watched various videos of this CEO in different settings and they claim that he looked like he was acting. How could they tell that? Well, people can tell when something is scripted for show instead of being scripted naturally. In other words, Brandon Watts could barely stay on script and seemed like he was not comfortable with his role as a CEO. Now, some people might be camera shy and some people are not actual actors. However, if a person is leading a company, it would seem reasonable that the producers making a film about their company, would help them to prepared to speak their mind about their organization.
Brandon Watts just seemed like he was not able to convincingly disclose information about his company. I checked out some of the videos in question. Here is the conclusion of those videos. Watts has a Russian accent, and he was being filmed talking while driving a very nice car. During his drive, he was heading to an undisclosed place that was supposed to be the company’s business office. However, some people were trying to find the Beurax company and hadn’t a clue how to locate this place.
While Watts described the business, he seemed like he was struggling trying to convince people about its validity. He seemed like he struggled with his words and his body language to make Beurax seem like a good thing. When you have a CEO that can’t explain how their company works or the value it brings to people, that should make you think twice about it. Well, he could explain it, but he didn’t seem that convincing about what he was doing. He was also literally reading a script pretending it was like a report or different business documents.
Also, there isn’t a lot of personal info about Brandon Watts. This is another red flag. If this guy was really a legit businessman and superstar investment guru, there would be some type of information on him somewhere. However, there is next to nothing on Brandon Watts other than he is a scammer for the Beurax company. Truth be told, people within the investment company doesn’t know who this guy is. Many people who work in those circles never even heard of him before. This is a strong indicator that his business is not what it seems to be. By the way, YouTube took his videos down for some unknown reason. While YouTube never disclosed why they got rid of the videos, it is safe to assume that Brandon Watts was a fake.
The Company’s Location and It’s Registration with Investment Agencies
While it is bad enough that a company probably has a bogus leader heading its organization, Beurax has another problem. The address for this company is supposedly in Australia. However, it does most of its business in America and Canada. The company is not registered with the Securities and Exchange Commission in the U.S. or one of Canada’s investment regulatory agencies.
By the way, Canada doesn’t have a version of the SEC within their nation. Each province overseas their own investment activities. However, they do collaborate through the Canadian Securities Administration (CSA). Also, the Ontario Securities Commission is considered a major player as an investment overseeing agency. Still, there is no one governing agency that rules over them all. Beurax is not registered with the SEC or any investing agency within Canada.
When a company doesn’t register with an investment overseer within a nation, that is a huge red flag. The investment overseeing agencies are in place to ensure people are not being ripped off. Also, these agencies help organizations to gain credibility and a good reputation in the public’s eye. Beurax would jump at the chance to be registered with any of these governing agencies if they were about the right thing.
However, Beurax isn’t signed up and they don’t seem like they want to sign up at all. As a matter of fact, you kind of get the impression that the company is avoiding the regulatory investment agencies at all cost. Why? Beurax is considered a Ponzi scheme business that these organizations try to stamp out.
To be fair, Beurax is registered with the Australia Securities Commission (ACIS). However, they simply have a piece of paper stating that they are a legitimate investing organization. The paper in question is just a document that any business or person can get by registering with the ACIS. That doesn’t mean that the company is legit because the paper just states that the company signed up with the ACIS. They more than likely were not evaluated and scrutinized by the ACIS to determine if they were a credible investment organization. If they have undergone this type of evaluation, they are keeping it a secret from everyone else including the ACIS.
By the way, their Australian address is supposedly in Canberra, Australia. This is Canada’s leading (or national) city and no records have been found of this company's existence within the metropolitan area. This is another huge red flag. When a company doesn’t have a physical address or a legit way to contact workers on the phone, people should be very concerned about doing business with that organization.
What exactly is a High-Yield Investment Program (HYIP)?
A High-Yield Investment Program (HYIP) is designed to give investors high returns within a short amount of time. However, these types of investment schemes are normally connected to fraudulent investment companies and schemes. This is because good investment opportunities take place over time. They are not a get-rich-quick schemes.
HYIPs are exactly that. They normally tell investors that they will receive 100% returns within a year. This is extremely unusual for any investment business. While there are some exceptions to this rule, most investment opportunities don’t make large returns like this. Any company or organization that consistently provides this type of return or unusually high returns, they’re probably a fake organization.
The SEC states that any investment company that operates in secrecy or that is not transparent, they’re more than likely fraudulent. There is no getting around this fact. This is true for just about anything or anyone you encounter in life. If something is operating in secrecy and if it’s not being made transparent about its operations, then it’s a fake. The SEC tells people not to even entertain any company that is a HYIP unless it is proven that they have a strong track record with the SEC and the investment community.
How does Beurax works?
Here is how the company works.
- A person signs up with the company.
- Once they sign up, they’ll get some trading bots that will immediately go to work for them to make them lots of money.
- Then you can invest your money from $20 to $100,000. There are many different investment levels. Check out the different investment levels for cash and bitcoin.
- Invest $20 to $500 and receive 1.4% a day for 15 days (121% return )
- Invest 0.001 to 0.5 BTC and receive 1.4% a day for 20 days (128% return )
- Invest 0.1 to 5 ETH and receive 1.4% a day for 20 days (128% return )
- Invest $500 to $1000 and receive 1.5% a day for 20 days (130% return )
- Invest $1000 to $2500 and receive 1.6% a day for 25 days (140% return)
- Invest 0.5 to 2 BTC and receive 1.5% a day for 30 days (145% return )
- Invest 5 to 20 ETH and receive 1.5% a day for 30 days (145% return)
- Invest $2500 to $5000 and receive 1.7% a day for 30 days (151% return)
- Invest $5000 to $10,000 and receive 1.8% a day for 35 days (163% return)
- Invest $1000 to $50,000 and receive 1.5% to 2.1% a day for 45 days (167.5% to 194.5% return )
- Invest 0.1 to 5 BTC and receive 1.5% to 2.1% a day for 45 days (167.5% to 194.5% return)
- Invest 3 to 120 ETH and receive 1.5% to 2.1% a day for 45 days (167.5% to 194.5% return)
- Invest 2 to 10 BTC and receive 1.6% a day for 45 days (172% return)
- Invest 20 to 50 ETH and receive 1.6% a day for 45 days (172% return )
- Invest $10,000 to $50,000 and receive 3% a day for 90 days (270% return )
- Invest $50,000 to $100,000 and receive 3.1% a day for 90 days (279% return)
- Invest 1 to 5 BTC and receive 3.1% a day for 90 days (279% return)
- Invest 25 to 125 ETH and receive 3.1% a day for 90 days (279% return)
- Invest $100,000 to $300,000 and receive 3.2% a day for 90 days (288% return)
- Invest $300,000 to $500,000 and receive 3.3% a day for 90 days (297% return)
- Invest 5 to 15 BTC and receive 3.3% a day for 90 days (297% return )
- Invest 125 to 400 ETH and receive 3.3% a day for 90 days (297% return)
- Invest $500,000 to $1,000,000 and receive 3.4% a day for 90 days (306% return)
- Invest $1,000,000 to $100,000,000 and receive 3.6% a day for 90 days (324% return)
- Invest 15 to 50 BTC and receive 3.6% a day for 90 days (324% return)
- Invest 400 to 1500 ETH and receive 3.6% a day for 90 days (324% return)
- Investors can also trade bitcoin as well as money. Cryptocurrency is a big deal now in the investment world since it is now the rising form of currency. Beurax is trying to cash in on this trend.
People can also be ranked on this trading scheme.
Ranking Levels are listed below:
Silver Consultant – sign up as a Beurax affiliate
Golden Consultant – generate $10,000 for referring new members
Diamond Consultant – generate $30,000 for referring new members
Silver Manager – generate $60,000 for referring new members
Golden Manager – generate $120,000 for referring new members
Diamond Manager – generate $250,000 for referring new members
Silver Partner – generate $1,000,000 for referring new members
Golden Partner – generate $3,000,000 for referring new members
Diamond Partner – generate $10,000,000 for referring new members
Silver Director – generate $30,000,000 for referring new members
Golden Director – generate $50,000,000 for referring new members
Diamond Director – generate $100,000,000 for referring new members
These are referral bonuses for the MLM (multi-level marketing) scheme part of the program. The company strongly encourages members to recruit more investors to their ranks. This is one way that the Ponzi scheme element of the program remains strong.
By the way, if you go back and really look at the return rates and the referral bonuses, you’ll quickly notice how high they are. The returns on these investments and referrals are too good to be true. They are simply unrealistic with a legit investment opportunity. Again, some legit opportunities are available that can provide these types of returns but they are not that common, and they don’t last long.
We won’t go into more detail about the supposed perks of this investment scheme. But we will go into further detail about how this company is ripping people.
How does this company rip off people?
Here is how people are being ripped off by Beurax. Many unwise investors are not taking the time to really evaluate the organizations where they risk their money. Strange as this might sound, they just don’t do it.
Many people just have a get-rich-quick mentality and if something sounds like it is too good to be true, then they will try to take advantage of it. Also, a lot of people don’t want to evaluate a golden opportunity. They just want to jump in and act on it without carefully examining what’s involved. As a result, they end up getting taken by an HYIP scheme like Beurax.
Also, some people are always looking for the thrill of trying to beat the system. As strange as this sounds, some people with money will actually risk their money in a bad investment scheme just to see if they can get over. In other words, some investors now a Ponzi scheme when they encounter one and they join anyway. They have the money to waste and in some instances, they are able to benefit tremendously from this shady type of business. Don’t think that some rich people don’t use Ponzi schemes to their advantage. They can and do beat the system by investing and participating in organizations like Beurax. Some of them even walk away doubling or tripling their initial investment even though many others lost everything they risked.
A 2021 Beurax review that some people knew that the company was fraudulent and invested anyway. However, many of the people within this review complained about losing their money. The bottom line is that people must avoid the thrill of ripping people off through HYIPs. The bottom line is that this type of investment opportunity cannot be sustained over time.
How come Beurax hasn’t been completely shut down?
Beurax’s secretive nature allows the organization to operate around the world without restriction. Remember, websites don’t have boundaries. A person can run a fraudulent investment scheme in the southernmost point of South America and dupe billions of people from around the world out of their money. Most of the people probably wouldn’t be able to find the company’s location online to figure out where they’re operating from.
This is a huge problem for investment scams. People who get involved with them are always suspect to these types of conditions. They don’t know the managers or operators of these investors and they don’t know how to get a hold of the company. This should make many people run away but a few don’t. Think about this. If a HYIP investment company can get 1000 rich or wealthy people from around the world, with money to burn, to risk a huge sum of money with them; they could walk away hundreds of millions.
This is also true for any fraudulent company that can get millions of less wealthy people to invest small amounts. A bunch of small investments will eventually add up to big profits for investment companies. They can then rip off less wealthy investors as well.
The Bottom Line: Don’t Invest with Beurax
Don’t invest with Beurax unless you are bored, very rich, and have money to throw away. This company has way too many red flags. It is not a legitimate operation. There are too many negative sites discrediting this organization. They simply don’t provide the returns they promise or if they do, they’re ripping off other people to pay you.
The company’s rate of return is extremely unrealistic. The SEC and many other investments overseeing agencies around the world discredit them. The company’s CEO and founder is very sketchy, there is not valid physical address for the company. Getting in touch with someone at the company is impossible. There are too many people saying negative things about this organization. Getting rich within a short amount of time from this investment opportunity isn’t going to happen as you think. Honestly, all of these red flags are clear indications that Beurax is one big fat scam. This online company should be avoided at all cost. Hopefully, people will have enough sense to walk away from it when they come across this organization.