Emgoldex Philippines Review
I wrote this Emgoldex Philippines Review because I know that there are many Filipinos who are searching for additional information about Emgoldex. Emgoldex is an online store opened by Gold & Silver Physical Metals Company in the UAE, Dubai in 2010. They have been around for years and they have the necessary business permits to operate when it comes to buying, selling of precious metals. The reason why Emgoldex is getting a lot of attention is because of their marketing plan. Emgoldex marketing program is designed to increase sales and attract customers. They reward members (investors) with high bonus compansation if they meet the necessary requirements. Some of their requirement is that you need to refer atleast 2 new members, you need to place a new order for the purchase of gold through the bonus program and the bonus compensation is paid when you exit the order table.
Each table consist of 15 orders(slots). This is like a matrix which is structured upside down. 1 slot cost around P36000 plus and since that amount is too high, members decided to create corpo accounts so that many can join by buying shares from a single slot and once it exits the table, they would share the earnings. For a P36000 plus investment, it’s possible to earn P180,000 or more within a short period of time specially if you are connected to a lot of network marketers who are willing to invest and at the same time recruit. You need to work as a team here if you want fast results. You’ll never be left alone because when you join, you’ll be positioned on level 1 and members on level 2,3 and 4 will want to help recruit to close the order table. You can transfer your ownership to another person. Even if 15 orders are fulfilled but you haven’t recruited 2 new members, you’ll not exit. If you didn’t recruit 2 new members after 2 rounds of table completed, you can get your money back. (You’ll need to verify if this info is updated).
Pros and Cons of Emgoldex Philippines
I like the fact that the marketing plan promotes teamwork however the reason why I did not join emgoldex is because when you invest and join the marketing program, you won’t get anything or any rewards unless you exit the table (15 orders or slots is needed for you to get the reward and it cost P36000 plus per slot..), you need to recruit atleast 2 new members but this depends on your team strategy if they will want to recruit for you. Recruiting is a must if you want to get the reward. Some team will promise to do the recruiting for you and it’s up to you if you believe them or not. There’s a risk that you won’t get any reward or you won’t get your money back if you don’t work together to recruit. Your reward will come from the new member’s pay in and you need to complete the table (15 orders) to exit and get the reward.
Before you join Emgoldex, please do your research. Make sure that you understand their program. Know the risks. You only get a gold or you only get the reward if you meet their qualifications or requirements. There is no such thing as easy money online. Be ready to recruit if you want to make money with Emgoldex but make sure that you let your new members know how it works to avoid complaints later on. Let them know that recruiting is a must if they want to earn reward or commission.
In other countries, Emgoldex transactions are allowed however in some countries, Emgoldex is considered a Ponzi Scheme. In fact people behind Emgoldex Team USA were charged with fraud.
This is what happended to Emgoldex Team USA Members… (I’m hoping that this won’t happen to Emgoldex Philippines)
For their part in facilitating the promotion of the EmGoldex Ponzi scheme, Matthew Michael D’Agati, James Vincent Piemonte, Jonathan Herman Siegler and Joseph Zingales have been charged with violations of the Massachusetts Uniform Securities Act”.
The Massachusetts Securities Division has requested they, in relation to their participation in EmGoldex,
- cease and desist their fraudulent activities
- provide an accounting of all proceeds received
- disgorge all proceeds and other direct or indirect remuneration received
- offer remuneration to fairly compensate all investors who suffered losses
The Division has also requested the court ‘impose an administrative fine‘, the amount of which will be determined at a later date.
Source: http://behindmlm.com/companies/civil-fraud-charges-filed-against-us-emgoldex-investors/
Summary: If you want to earn reward or gold in Emgoldex.. you need to focus on recruiting new customers or investors who will join the Emgoldex marketing program because the only way that you get the gold or reward is when you exit the order table (15 slots per table) plus you need to atleast recruit 2 new members and the new members will also need to recruit new members to exit the table for them to get paid. READ THE RISKS OF JOINING EMGOLDEX HERE > https://onlineopportunityguide.com/sec-advisory-on-emgoldex-philippines/
I’m not a member of emgoldex but I did a research on this so if there are incorrect information please leave a comment and I’ll try to rectify it.
Check the SEC ADVISORY ABOUT EMGOLDEX PHILIPPINES HERE
Feel free to leave a comment or feedback. I don’t always proofread my posts so expect typos and grammatical errors 🙂 If you’re a grammar nazi, I apologize in advance 🙂 If you want to learn how to setup a website that earns passive income online, check this link
Betina Sapino Pasule says
February 26, 2015 at 7:15 amseems okay..
Fe Lopez says
March 4, 2015 at 3:50 pmgood research, im a client of Emgoldex and the company giving a financial freedom if you meet the requirement. just PM me if anyone willing to join in our Team. Thank you
Margz Tome says
March 28, 2015 at 4:06 pmThanks for info.
jovelyn montejo abil says
April 1, 2015 at 8:14 amThanx for info
Buenaventura Aim Santiago says
April 10, 2015 at 2:25 pmIn EmGoldex time is GOLD, Now is the time, Be a client now!!
Message or add me on facebook and i will be glad to share this golden opportunity with you.
Buenaventura Aim Santiago says
April 10, 2015 at 2:27 pmIn EmGoldex time is GOLD, Now is the time, Be a client now!!
Message or add me on facebook and i will be glad to share this golden opportunity with you.
just me says
April 10, 2015 at 10:53 pmThat FRAUD charges was DOA (Dead on Arrival)… no scam was proven, no investors suffered any losses… no one file any complaint against anyone… emgoldex are very much legal in any shape or form… even the lawsuit filed in the Philippines was also DOA…. The government just want their hands on the cookie jar and they are mad that they couldn’t get a penny from emgoldex. All the money that the investors used are their income that was already taxed, it is an online marketing program that the government couldn’t control… and that’s the reason why they are trying so hard to discredit the company/business as a whole….
Gil Bayani C. Rafinan says
April 20, 2015 at 6:12 amhow to inquire emgoldex?
Anita Aleo Reyes says
May 5, 2015 at 11:14 ami like AIM GLOBAL than EMGOLDEX
Anastasia Turchyna says
May 26, 2015 at 1:34 pmHi everyone! Guys, there is nothing for free in this life. If u want to earn good money you should work and apply efforts. This rule works everywhere, so it does in Emgoldex. Let me explain to you:
EmGoldex is an on-line store ( as amazon.com, e-bay, com, etc), not an investment fund. Here people can buy gold bars from 1 to 100g at good conditions in any amount with their own money or earn them by taking part in a marketing program. The marketing program was created for people who do not have money for serious investment, but who want to create their gold reserve and develop their own gold business. This program works like a bonus program with points in the supermarket: a customer can recommend other customers to receive points that will be exchanged for supermarket products. In case with EmGoldex it is the same, but you do not change your bonuses for caps, shirts or any discounts, you exchange your bonuses for investment gold bars.
People here are neither distributors nor consultants, they are CLIENTS of the on-line store. In order to participate in the marketing program you have to buy a complete set of bars that are 7000 euros worth. The whole sum can be paid at once or you can make a prepayment (minimum 7%, which is 540 euros) and the rest you can pay with your own money or with bonuses. This information can be found freely in a public contract which can be found on the official site of the company. And now tell me, where is Ponzi scheme here?
A client makes an order and receives a bill. A prepayment can be made through the bank and the rest can be paid with your own money or with bonuses. Once you have done your purchase, you receive your product . Where is Ponzi scheme here? The question is: I make an order, I make a prepayment , and what do I get in return? You get the same when you make an order in any online store : a bill.
I am economist and I can tell you that Ponzi scheme does not work more than 24 months. Emgoldex is already 5 years on the market and continues to grow.
To cut a long story short: you do not invest here or involve people. Those who want to buy gold bars and additionally to benefit from promotion of product and services of the on-line store can take part in the marketing program.
This is a new revolutionary business of the 21 century where u don`t have to sell anything, to create big structures and look all the time for new clients to get a good income or to explain the advantages of your product. The uniqueness of gold is that this product always rises in price. It can be bought or sold in any bank (because gold is solid money) or in the on-line store! QUESTION – is there any other product u can sell back to the company in a year and earn?
In my case, I have already created a good reserve. I have changed my life completely , and so have my friends and colleagues. I have travelled to many countries, I am running my own successful business and I have have gained financial independence.
If you want to achieve big results, to become your own boss and to be able to live the life you have always wanted, do not hesitate to ask me more about this awesome opportunity. I will be happy to share my knowledge and experience with you! Best regards, Anastasia Turchyna
David Hamilton says
June 13, 2015 at 2:08 amHi, I just read your review.
My Filipino work Co worker told me about emgoldex
We live in the USA.
I have browsing the web gathering info about emgoldex.
I have read a lot of negative reviews some positive too.
There are no easy quick rich schemes to be had online.
I'm game for most things, I'll give it a go.
Thanks for the review.
Kind regards
David
Oklahoma usa
Gemary Dagan Bernabe says
June 17, 2015 at 5:04 amI hope i could be one coz its very interesting!
Maylene Gomez says
June 20, 2015 at 2:48 pmIf I recruit 2 members. Is that also need to share or invest also the
36000 plus?
Jason Howard says
June 30, 2015 at 8:34 pmIt's a scam you idiots. What does it tell you if they have been charge with fraud
Henry Balisto says
January 19, 2016 at 4:46 amYou dont have to be an economist to figure out it is definitely a scam. A pyramid marketing will eventually crumble leaving all downlines poorer. In two years time, tell me how it goes, I might make up my mind in joining you.