A video on the Questra World website identifies Jose Manuel Gilabert as CEO of the company. Other than that, no information about Questra World’s management is provided. A corporate address in Madrid, Spain is also bitkingdom bitcoin value on the Questra World website.
Questra Holdings is listed as the domain owner. Questra World appears to have been initially launched as Questra Holdings in mid 2015. In September 2016 Belgium’s Financial Services and Markets Authority issued a regulatory warning against Questra Holdings. Questra Holdings is not an authorized investment firm or credit institution in Belgium. Moreover, the system proposed by Questra Holdings has every appearance of being of a pyramidal type or at least of a Ponzi fraud. Whether this lead to the Questra World name-change is unclear. The Questra World Product Line Questra World has no retailable products or services, with affiliates only able to market Questra World affiliate membership itself.
The Questra World Compensation Plan The Questra World compensation plan sees affiliates invest in eleven plans, on the promise of an average weekly ROI. 270 EUR and receive an average weekly ROI of 4. 810 EUR and receive an average weekly ROI of 4. 7290 EUR and receive an average weekly ROI of 5. 65,610 EUR and receive an average weekly ROI of 6. 100,000 EUR and receive an average weekly ROI of 6. 250,000 EUR and receive an average weekly ROI of 6.
500,000 EUR and receive an average weekly ROI of 6. Questra World Affiliate Ranks There are eleven affiliate ranks within the Questra World compensation plan. Referral Commissions Referral commissions in Questra World are paid out via a unilevel compensation structure. If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team. If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels. Commissions are paid out as a percentage of funds invested by affiliates in a unilevel team. If an affiliate is not at that Platinum Director or higher rank, they are paid their applicable percentage.
Silver Agent and higher ranked affiliates. The Questra World system begins searching the upline for a Silver Agent or higher ranked affiliate. The first it finds is a Bronze Director. As the full amount is paid out to these affiliates, no coded bonus is paid upline. Interest Free Loan Questra World affiliates at the Gold Director and higher ranks can apply for an interest free loan. The Questra World website states the loan must be put towards real estate or a vehicle. Repayments on the loan are taken out of a Questra World affiliate’s commissions.
The primary difference between the above plans is income potential through the Questra World compensation plan. Conclusion Although presented in somewhat of a confusing matter, Questra World’s compensation plan is simple enough. 999,999 EUR on the promise of weekly ROIs. The only verifiable source of revenue entering Questra World is affiliate revenue. The use of new affiliate revenue to pay off existing affiliates makes Questra World a Ponzi scheme. This struck me as strange for a purportedly Spanish company. I dug a little deeper and came across a marketing presentation on the Questra World website.
Oddly enough the presentation start off by marketing Atlantic Global Asset Management. Atlantic Global Asset Management have investment plans of their own, offering weekly ROIs of up to 6. Atlantic Global Asset Management claim to generate ROI revenue through the arranging and conducting of IPOs, however nothing specifically links ROI payouts to IPOs. ROIs in 7 to 8 months, they’d have no need to solicit investment from affiliates. This appears to be Questra World’s link to Russia. No information outside of Abakumov’s involvement with Questra World and Atlantic Global Asset Management exists. Documents in the presentation suggest Atlantic Global Asset Management have incorporated themselves in Cabo Verde.