Gripeo Logo Orange and White
  • About
  • Consumers
    • Consumer News
    • Consumer Reviews
    • Red Flags
  • Business
    • Recommended Business
    • Expert Opinions
    • Success Stories
  • Resources
    • Guest Articles
    • Official Updates
    • Press Releases
  • Contact Us
  • Submit a Review
Reading: StableOpinion: MLM Scam You Must Avoid At All Costs
Share
GripeoGripeo
Font ResizerAa
Search
  • About
  • Consumers
    • Consumer News
    • Consumer Reviews
    • Red Flags
  • Business
    • Recommended Business
    • Expert Opinions
    • Success Stories
  • Resources
    • Guest Articles
    • Official Updates
    • Press Releases
  • Contact Us
  • Submit a Review
Have an existing account? Sign In
Follow US f6scrunchbase
Gripeo > Blog > Red Flags > StableOpinion: MLM Scam You Must Avoid At All Costs
Red Flags

StableOpinion: MLM Scam You Must Avoid At All Costs

Last updated: September 27, 2023 7:33 am
GripeO - Web Desk
Published: September 27, 2023
Share
stableopinion
SHARE

Sam Lee, StableOpinion’s executive chairman, and CEO, also known as Xue Lee and Samuel Lee, was a co-founder of the infamous HyperTech Ponzi schemes. HyperCash, HyperCapital, HyperFund, and Hyperverse are a few examples. StableDAO emerged last year as a continuation of Sam Lee’s Ponzi scheme.

Our Methodology

We look at 34 different data points when analyzing and rating online money-earning opportunities. Once the research on these data points is submitted, expert contributors reach out to the company’s customers and associates to get more insight into their operation. Finally, all the collected information is presented in the form of this expert review.

All the data is extracted from publicly available information and the sources are given in the transparency section at the bottom of every report.

These reports are made possible by the collective efforts of contributors like you. If you would like to become a contributor then contact us here.

StableDAO is a crypto asset based on the value of several other crypto assets in the StableDAO treasury, including tangible assets, one of which is agricultural land. It is not a well-known type of stablecoin like USDT or the like.

stableopinion

Sam Lee first became involved with Bitcoin as the Director of Millennium Pty Ltd; following that, he co-founded Bitcoins Reserve, a BVI entity with a Hong Kong office that operates the world’s first arbitrage fund focused on the cryptocurrency asset class.

stableopinion

He fled to Dubai in 2021, believing himself to be an Australian national. Lee went underground after the HyperFund collapsed in late 2021. The Hyperverse only lasted a few months, and Lee was largely absent then. Lee needed two Hyperverse successors, HyperOne and HyperCash.

How exactly does a Ponzi scheme operate?

An investment fraud known as a Ponzi scheme draws investors with claims of great returns and no risk but fails to invest the money as stated. Instead, it pays off earlier investors with money from future investors while maybe keeping a portion of the profits. These schemes typically fail when recruiting investors becomes challenging or when multiple investors attempt to cash out. They depend on a steady flow of new buyers to operate. They are called after Charles Ponzi, who ran a similar scam using postal stamps in the 1920s.

Photos of Lee meeting with top HyperTech promoters in Dubai surfaced in mid-2022. This eventually led to the launch of StableDAO in October 2022. As part of StableDAO, a Ponzi scheme in and of itself, we now have StableOpinion.

StableOpinion’s Products

StableOpinion has no retailable products or services.

Affiliates are only able to market StableOpinion affiliate membership itself.

StableOpinion’s Compensation Plan

StableOpinion affiliates invest $100 to $1000 on the promise of advertised returns.

PlanInvestmentReceiveROI
Basic$100 Weekly $4 Till $200200%
Standard$300Weekly $15 Till $900300%
Elite$500Weekly $30 Till $2000400% 
Premium$1000Weekly $75 Till $5000500% 

StableDao also offers bulk investment options, increasing the amount that can be invested at once up to $43,000.

PlanInvestmentReceive
Basic$100 Weekly $4 Till $200
Standard$300Weekly $15 Till $900
Elite$500Weekly $30 Till $2000
Premium$1000Weekly $75 Till $5000

StableOpinion affiliates must complete surveys to receive the full ROI each week. The bulk investment options increase the number of surveys that must be completed. StableOpinion’s MLM side pays for the recruitment of affiliate investors.

StableOpinion Affiliate Ranks

There are ten affiliate ranks within their compensation plan.

Along with their respective qualification criteria, they are as follows:

RankRecruit AffiliateGenerate 
Rank 1One $300 Each Month
Rank 2Three$1500 Each Month
Rank 3Four$3000 Each Month
Rank 4Five$5000 Each Month 
Rank 5Six $25,000 Each Month
Rank 6Seven$50,000 Each Month
Rank 7Ten$100,000 Each Month
Rank 8Twelve$250,000 Each Month
Rank 9Thirteen$500,000 Each Month
Rank 10Fifteen$1,000,000 Each Month

To qualify for a rank, recruited affiliates must have active StableOpinion investments.

Referral Commissions

Their affiliates must maintain a personally recruited affiliate investment volume equal to 300% of their investments to qualify for referral commissions. StableOpinion pays affiliates a commission on their initial investments.

Personal recruitment efforts determine direct referral commission rates:

Affiliate RecruitedReferral Commission Rate
First5%
Second10%
Third15%
Fourth20%
Fifth25%
Sixth30%
Seventh15%

StableOpinion also pays referral commissions via a unilevel compensation structure. In a unilevel compensation structure, an affiliate is placed at the top of a unilevel team, with every personally recruited affiliate placed directly beneath them (level 1):

If any level 1 affiliate recruits new affiliates, they are assigned to the original affiliate’s unilevel team at level 2. If any level 2 affiliates recruit new affiliates, they are promoted to level 3, and so on, down an infinite number of groups. Referral commissions are capped at four unilevel team levels at StableOpinion.

If you have sensitive information or have had a personal experience with StableOpinion but want to stay anonymous, then submit it using our secured form. You can connect with our expert contributors and help in finding the truth. We never share your information with 3rd parties.

Conclusion

StableOpinion is a blockchain-based version of the previous SpeakAsia Ponzi scheme. Affiliates paid $120 or $240 for “panelist” positions when Speak Asia launched in late 2010.

Speak Asia investment positions pay $240 per week. SpeakAsia affiliates had to complete surveys to be eligible for returns.

It’s the same Ponzi scheme that StableOpinion is recycling after eleven years. There are many StableDAO and StableOpinion promoters in India. We wouldn’t be surprised if repurposing Speak Asia’s Ponzi scheme was the brainchild of a former top promoter still swindling in StableDAO. When affiliate recruitment dries up, new investments will be made, as with all MLM Ponzi schemes. It will deprive StableOpinion of ROI revenue, resulting in the company’s demise.

Share This Article
Facebook Email Print
5 Comments
  • Avatar of Sagisha Hunter Sagisha Hunter says:
    November 26, 2023 at 7:38 am

    “Triz Noz” in the picture is the fake name of Tristram Norriss, a career swindler and bigamist. For his history of cheating people, see http://www.tristramnorriss.com

    Therefore, unless you want to lose all your money, have nothing to do with this Ponzi scheme.

    Reply
  • Avatar of Jason Jason says:
    August 21, 2023 at 4:57 pm

    StableOpinion is a Ponzi scheme because these fraudulent schemes primarily try to deceive individuals and steal money before escaping. It is better to avoid these bogus programs.

    Reply
  • Avatar of Guest Guest says:
    August 13, 2023 at 12:57 pm

    This scheme is an updated version of the SpeakAsia fraud scheme. This program does not provide any products or services and instead compensates those who recruit others. And it appears that they were engaging in pyramid scams.

    Reply
  • Avatar of Steven Steven says:
    August 5, 2023 at 7:58 am

    In today’s digital age, we are all just one click away from such massive scams. There is still a long way to go until internet platforms are safe and strict legislation against such malpractices is in place.

    Reply
  • Avatar of Paul Paul says:
    August 2, 2023 at 10:12 am

    They offer 200% ROI to their investors, proving that they are liars and running fraudulent activities. Because the primary goal of these schemes is to defraud novices, the regulatory body must take strict action against them.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FacebookLike
XFollow
InstagramFollow
CrunchbaseFollow

LATEST NEWS

banner banner
SUBMIT REPORT
Share your thoughts and insights with a vast community of consumers.
Report Now →
Robert Bonfiglio

Robert Bonfiglio: All You Know About His Hidden Fees, Disclosures, Lawsuits. (Latest )

GripeO
December 27, 2023
Tara Romano – Is She an MLM Scammer?
Daniel Marting- Exposed to FINRA Charges or not?
GXCM Review – A Dirty Broker In the Market
Jamie Horowitz Update: Is He a Criminal?
Gripeo Logo Orange and White Gripeo Logo Orange and White
  • News
  • Reviews
  • Red Flags
  • Expert Opinions
  • Success Stories

Gripeo is the leading social platform for consumers to share their experiences with businesses and others. We thrive on helping the marketplace become less ambiguous and more transparent.

Information

  • Home
  • About
  • Official Blog
  • Our Services

Our Policies

  • Terms of Services
  • Privacy Policy
  • User Guidelines
  • Sitemap

© Gripeo. All Rights Reserved.

Follow US on Socials

f6scrunchbase
Gripeo Logo Orange and White
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up