My review of the Centurion Profits HYIP (High Yield Investment Program) cycler. Centurion Profits is a HYIP cycler program (even though its founders try hard to make affiliates believe differently). The Centurion Profits web site does not state who owns or administrates the program, but some social media sites credit Keith Curtis and Frank Dillon as administrators. Centurion Profits was officially launched in July 2013. Its URL is "centuronprofits.com", was registered on November 14th, 2012, and its URL registration is set to private meaning no company name, address, phone number, or email address.
I have discovered that Keith Curtis might live in Indiana, USA and that his only other known MLM program was called PowerCycle13, which was launched in August of 2012. It officially ran out of money (by Mr. Curtis's own account) in January 2013 and it "collapsed". At which time Curtis stated going forward that he would start "another program with a new name and site". It now appears that his "new program” is called Centurion Profits. As for Keith Curtis's partner, Frank Dillon, it seems that he is involved in Primerica, from what I can find out.
How Does Centurion Profits Work? Affiliate memberships come in four plans with four different investment share prices, with all of them running 180 days; Starter ($2) – 1% ROI a day, maximum of $500 invested; Intermediate ($12) – 1.2% ROI a day, maximum of $1,000 invested; Advanced ($23) – 1.4% ROI a day, maximum of $3,000 invested; and Ultimate ($45) – 1.7% ROI a day, maximum of $5,000 invested.
Commission on referrals are paid down a maximum of ten levels as follows; Starter – 3% on level 1, 2% on level 2 and 1% on level 3; Intermediate – 5% on level 1, 3% on level 2 and 1% on levels 3 and 4; Advanced – 7% on level 1, 5% on level 2, 3% on level 3, 2% on level 4 and 1% on levels 5 and 6, and Ultimate – 10% on level 1, 7% on level 2, 5% on level 3, 3% on level 4, 2% on levels 5 to 7 and 1% on levels 8 to 10.
Centurion Profits also has a "private" auction for their affiliates, "guaranteeing" a 10% daily ROI for 30 days for auction winners. Example- bids are $1 each, an affiliate could win $200 in shares that grow to $300 in 30 days. A affiliate funding lottery system is also offered, with affiliates able to “pledge” $10 or more towards various causes. In return Centurion Profits selects random participating affiliate and offers them a chance to redeem the money that they invested in Centurion Profits, plus various cash bonuses.
My Opinion.... WOW, just what I have been looking for (NOT). A MLM program that has all the elements (HYIP, online auction, and lottery system) that has been responsible for over 99% of all MLM program "collapses" over that last 50 years!!!!
There is NO doubt that this HYIP is nothing more then a classic Ponzi scheme, paying existing affiliates with new affiliate invested money. The program's web site actually states "Centurion Profits will continue to pay its plans fully with it’s members as long as people keep on depositing into the system". And that is not all, the programs web site is full of references to “plans”, “principals”, “returns”, “compounding”, “total profit paid”, and "return on investment". And yet Centurion Profit's owner's continue to state that it isn’t an HYIP investment scheme? Give me a break...
Keith Curtis also states that "There may come a day when we do not reach our projected earnings causing a fluctuation in member earnings too. As with any money venture, please remember there is risk involved and you are responsible for your own actions. We do not offer any refunds. All purchases/pledges are final.". Meaning that the affiliates will be again left "holding the empty bag".
Then when you include the fact that Centurion Profits has NO retail-able products or services shown on their web site, even though Keith Curtis states that "We sell advertising and provide real services and real products to our members and affiliates", then look out below people.
Now given the fact that this IS is a investment program, is not a licensed brokerage, possibly headquartered in the USA, has no retail-able products, and is a Ponzi scheme. Is there ANY DOUBT that this program is not "100% illegal"?
Plus I NEVER give money to any HYIP program that "hides" its official company information. Because if the web site disappears tomorrow, you will have NO WHERE to turn to try and get your money back.
Just like Keith Curtis's first PowerCycle13 HYIP program, that "collapsed" after only (5) months, once new investor money runs out, so too will the funds to pay existing Centurion Profits investors, only I expect this to happen even sooner this time around. Like I have stated over and over again in my blogs, the ONLY stable, long lasting HYIP that is currently out there (for non-USA members) is still Univest.
Just My Opinion,