AVBOB Dream Team Review: A Rameez Jakoet MLM Ponzi avbob.app
AVBOB Dream Team is promising investors daily profit margins of 4% with an affiliate program in place for passive income. Here’s our avbob.app review exposing the risks.
Rameez Jakoet is the platform’s top promoter and has been pushing products in the MLM industry for years. We first exposed Rameez with Berry Trading platform which targeted South African investors.
Berry Trading was a South African investment platform promising 4% daily ROI. With widespread consumer losses, Rameez went ahead and started promoting AVBOB an MLM scheme.
The details regarding the real owners of AVBOB Dream Team remain a mystery. You wouldn’t want to invest in a platform that’s anonymous and promoted by serial MLM Ponzi artists. AVBOB Dream Team is primarily offering prepaid funeral policy services.
Mind you, there’s an AVBOB platform in South Africa offering legitimate funeral services. Rameez added the words Dream Team to convince South African investors to pay for this service. And most have already paid the policies not knowing AVBOB Dream Team is a Ponzi.
These policies include timed plans from basic funeral plans where investors have to pay R13,500. To help cover the costs, the platform asks for R1000 Upfront and R220 a month thereafter. There are no funeral plan premium costs disclosed on the website.
How the platform manages to convince South Africans to buy the policies through a complex affiliate program. The platform offers affiliates more to promote the business model as opposed to benefits accrued by policyholders.
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With a sixteen-affiliate rank structure, the platform has managed to net several investors. Recruitment has been ongoing for the past three months with withdrawals from earnings hard to come by.
Here’s our detailed AVBOBDreamTeam Review targeting South Africa.
A Brief Overview of AVBOB Dream Team
Despite the platform claiming to offer funeral policy covers, the platform sways more on the side of investing. The website clearly has a profit mindset with 5 ways of earning the most exposed font on the platform.
Members get a promise of a 20% connection bonus after successfully connecting investors with the platform. There’s also a promise of making a 20% volume bonus for connecting more policyholders on the platform.
The third way to earn with AVBOB Dream Team is getting a 100% matching bonus which is only earned by being a great leader. In Lehman’s terms, you have to have brought in over 15 users to earn a matching bonus.
A 16% binary bonus is available on the platform which means you get to earn from the affiliate network for infinity. This is where the passive income claim from AVBOB Dream Team comes into play.
The final investment plan is the 1% pool bonus where affiliates get to share in the AVBOB Dream Team annual turnover. These are shares in short if this was a legit policyholder vesting platform.
Rameez has been using YouTube to promote some of his products including this one. We know for a fact that he’s been sort by authorities in neighboring Namibia for soliciting funds. The case is still on-going with him not showing up in court.
AVBOB Dream Team is claiming to offer huge benefits to investors. These include cashbacks, professional call center agents, and a lucrative infinity-based compensation plan. The platform also promises to offer international travel incentives to members.
Here, we see the greed in Rameez and the projects by switching the funeral service website. Now, he’s a travel agent at the same time. This is how we know the platform will fail just as did Berry Trading.
A promise of a constant stream of passive income
Investors get a promise of getting a constant stream of passive income with AVBOB Dream Team. This is however not the case as the platform failed to deliver in terms of withdrawal proof from any member.
No affiliate has managed to withdraw funds from the platform, despite being three months in the project. With the guarantee of having a constant stream of income not happening, we’ve got a serious problem in our hands.
Customer Reviews and Ratings AVBOB Dream Team
Surprisingly, there have been no customers heaping praise on the products or services offered by avbob.app. And this should be the norm as the platform fails to offer any legit funeral policy services or passive income.
Before committing funds to any platform, we recommend doing due diligence. Try and find out what makes a platform tick before engaging with it. This is what it means to do your homework to avoid complications in the future.
Those who read our review of AVBOB Dream Team will have their facts right. Investors lose to such Ponzi schemes due to two factors, a promise of earning high ROI or easy money, and also failing to research.
When in doubt, you can reach out to our help desk and request a review of any platform. We will look into it, test it and give our honest experience and opinion of the platform. And that’s how we protect our readers.
Is AVBOB Dream Team Licensed or Regulated?
Despite their attempts to claim the platform is regulated by the Financial Service Provider, that’s not the case. Rameez is using the license credentials of the real AVBOB platform to seduce naïve funeral policy holders.
The best way to engage in a platform with license credentials is contacting the regulator for confirmation. This may take up to 72 hours in most jurisdictions but it pays to be patient as it protects you from copied websites such as avbob.app.
Is there support from avbob.app?
Don’t expect any support from this team as it fails to offer much in terms of live agent. The platform will only call you when trying to get you to buy a policy from them. Once you do, they cut all the communication avenues.
Affiliates who try to withdraw funds from the platform find it difficult receiving any response from support. It’s a well-orchestrated plot to have as many investors signing up and later stopping all communications.
Pros and cons of AVBOB Dream Team
As far as we can tell, there’s no positive aspect of engaging with this cloned website. AVBOB Dream Team is taking advantage of South Africans by claiming to offer much in terms of serviceable funeral policies.
Here are some of the cons found on avbob.app
A Complex commission-based structure
Despite what seems like a perfect way to earn passive income, AVBOB Dream Team is taking advantage of affiliates. You do all the heavy lifting as the platform fails in its bid to release payouts for conversions made.
We’ve seen this before even with the Berry Trading platform where investors are losing it all. The platform is hell-bent on getting more funds to continue operations as opposed to payouts which is an expense.
No Demonstrated Revenue by avbob.app
There’s no demonstrated revenue from this platform which means affiliates don’t have conversion numbers. Rameez and the team behind this platform hide this valuable information from affiliates.
We also haven’t seen anyone profiting from the funeral policy when needed. Rameez is taking advantage of a sorrowful situation to line his pocket with your hard-earned funds.
Our Verdict AVBOB Dream Team
Please stay away from this platform or risk losing everything.
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