Is Innovatech A Ponzi Scheme? Don’t Join Before Reading This Review!

Hey how are you doing?

I’m guessing you’re probably here because someone close to you asked if you’d join their team, or you came across this website and wondered what is was all about.

Either way, I want to congratulate you for taking the time to do your research on this opportunity because that’s how you avoid scams and stop yourself from losing a lot of money.

So within my review today, I will be telling you everything you need to know about this company such as what it’s selling, how much it cost to join, and more importantly answer the question is InnovaTech a Ponzi Scheme. 

This way by the time you’re done reading you’ll be able to tell if this is a program you would like to join or not.

So with that said, let me get right into things here! 

Quick Summary Of InnovaTech

Name: InnovaTech

Website: Innovatechinternational.com

Price: $350 – $50,000

Rating: 0 out of 5

What Is InnovaTech?

InnovaTech is an MLM company that claims if you invest money into their platform that you will get a huge ROI — and do so very quickly.

Now according to them they’ve been in business for more than 12 years and have invested in multiple things such as robotics, nanotechnology, 3d printing, artificial intelligence, and more — which is how they supposedly made all their money.

However their website was created last year in October of 2019, there’s no information as to who is running this company, and their homepage is simply a login form with again zero information on it.

So basically it looks like they are saying you have to pay money and become a member before you can learn anything about them.

Of course I would highly urge you to not do this for several reasons — but the main one would be because it costs a lot to join this platform.

And you’ll see exactly what I mean in a second when I cover how their compensation plan works. 

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What Does InnovaTech Sell?

InnovaTech has no product or service available for sale on their website. 

But rather they ask you to literally spend thousands of dollars on their platform claiming if you do that you’ll make a lot of money with your investment.

Of course this is nothing but a lie, and what InnovaTech really is doing is conducting a Ponzi Scheme — which means the creator will be stealing your money and be putting it into his own pockets.

InnovaTech Compensation Plan 

I usually don’t like reading MLM compensation plans because they are long, confusing, and make me feel like I’m back in math class.

However InnovaTech here is fairly simple because the program basically says if you spend thousands of dollars into their platform you’ll earn a lot.

So I will highlight the basics of how their plans work here, and show you just how much money you could potentially spend. 

Membership plans 

Within InnovaTech’s plan, there are 8 memberships you can choose from when signing up to their company.

Here’s the name of these plans, along with how much it will cost you.

  1. Iron – $350
  2. Bronze – $750
  3. Silver – $1500
  4. Gold – $3000
  5. Platinum $6000
  6. Diamond – $12,000
  7. Challenger – $24,000
  8. Champion – $50,000

Residual Commissions

Also within their plan, InnovaTech will allow you to recruit people and earn commissions from all the money they invest in this company. 

Now how they calculate how much you’ll earn is based on a binary structure. This means as you build out your team it will be split into two sides — one on your left and one on your right as seen here.

Is Innovatech A Ponzi Scheme - Binary compensation structure

Now each week this company will see which side of your team has made the least amount of sales or commonly called your “weaker leg” — then will pay you 5% of all the money invested into it.

Bonuses

InnovaTech here also offers what is called Auto and Home Lifestyle Bonus, which basically gives you extra money if you make a certain amount of money each week through your team.

Here is the qualifications and amount of money they say you can earn through this bonus…

  • Invest in a Bronze or higher membership, and generate $10,000 through your team = $750.
  • Invest in a Bronze or higher membership, and generate $20,000 through your team = $1,500.
  • Invest in a Silver or higher membership, and generate $30,000  through your team = $2,300.
  • Invest in a Silver or higher membership, and generate $40,000 through your team = $2,800.
  • Invest in a Platinum or higher membership, and generate $50,000 through your team = $3,500.
  • Invest in a Platinum or higher membership, and generate $60,000 through your team = $5,000.
  • Invest in a Diamond or higher membership, and generate $100,000 through your team = $7,000.
  • Invest in a Diamond or higher membership, and generate  $150,000 through your team = $11,000.
  • Invest in a Competitor or higher membership, and generate $200,000 through your team = $14,000.
  • Invest in a Competitor or higher membership, and generate $300,000 through your team = $21,000.

Now if you’re still confused don’t worry. At the end of the day, this is nothing but a scam and I highly urge you to not spend 1 penny on this program.

But if you are interested in learning how their whole scheme works, you can watch this short 8 minute video that goes over it in more detail.

 

How Much Does It Cost?

To become a member of InnovaTech, you need to buy one of their memberships as I mentioned earlier. 

Again here’s how much each plan costs if you were to join this company.

  • Iron – $350
  • Bronze – $750
  • Silver – $1500
  • Gold – $3000
  • Platinum $6000
  • Diamond – $12,000
  • Challenger – $24,000
  • Champion – $50,000

What I Like About It

  • There is nothing I could find positive to say about this company

What I Don’t Like About It

  • They use false advertising to market their company

InnovaTech says they have more than 12 years of experience in digital strategies and creative commerce to try and convince you that they know what they are talking about and prove they have a lot of money.

Is InnovaTech A Ponzi Scheme - False advertising

However I did a quick search to see when their website was created and found out it was created in October of 2019.

Is InnovaTech A Ponzi Scheme - It was created in October of 2019

So the only reason I can think why they are lying to you and me is so we will be more willing to invest a lot of money into their platform. 

  • It will cost you a lot of money 

Now even though I don’t recommend you join this company, I’m sure some of you reading this might feel the urge to still do so.

So if you do, just know that the minimum amount of money you’ll have to invest is $350 and it can go all the way up to $50,000.

And I don’t know about you, but wasting a few hundred dollars on a company that basically no one has ever heard of before doesn’t sound like a great investment does it?

I mean if someone came up to you on the road and asked you to invest in some new product or company they were promoting, would you? I’m guessing probably not.

Which is basically what InnovaTech is asking you to do — which really doesn’t make sense if you think about it.

  • Chances of you earning a profit are basically nonexistent 

Now even though this platform promises you’ll make all your money back and then some — just know that what you’re really doing is flushing it down the toilet.

Because 1 this company doesn’t give any proof that it works, and secondly if you tried to build a team with it you would have less than a 1% chance of succeeding.

So basically the chances aren’t looking that great for you.

Is InnovaTech A Scam?

InnovaTech is clearly a scam no questions asked.

There is zero information as to who they are, how their system works, or basically anything about this company– and the only option you can do on their homepage is give them money.

So while the choice is completely up to you as to whether or not you want to join this opportunity– I highly urge you not too because you’ll simply be wasting your money and time.

Is InnovaTech A Ponzi Scheme?

InnovaTech is definitely a Ponzi Scheme as well.

Much like other companies I’ve reviewed in the past such as XOXO Network, this one here claims you can make a lot of money very quickly by investing thousands of dollars into their platform. 

And to make matters worsts, they give you zero proof that their system or works or any reason at all that you should trust them.

So it’s clear that this is not a company you want to be dealing with. 

And if you want, you can watch this short 3 minute video here that explains what a Ponzi Scheme is in more detail.

 

My Final Thoughts

At the end of the day InnovaTech is a a clear Ponzi Scheme out to steal your money and nothing else. 

They provide no information on their website of how their system works, they lied about how long they’ve been in business, and they want you to spend thousands of dollars without you batting an eyelash.

So what will end up happening eventually with this company is it will start to crumble down and disappear when recruitment and investments start to slow down or stop altogether 

Therefore instead of falling for scams like this that promise you can make a lot of money quickly and easily — why not build a REAL online asset  ( like a website ) which can earn you money for years to come.

And all of all the methods I’ve tried, I prefer building a website and using affiliate marketing to generate an income online.

This is because there’s no recruiting whatsoever, you can sell whatever products you want, and you don’t have to spend a dime on advertising.

You simply create helpful content that points people towards products they’re already looking for  — then you get paid a commission each time they buy something.  

So if this sounds like something you might be interested in, check out my #1 recommended training online.

It gives you step by step training, 24/7 support, all the tools you’ll need to be successful, and best of all it’s 100% free to join. 

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I hope you enjoyed my review of InnovaTech and can see now why I suggest you don’t join this company.

If you have any questions about it though, leave a comment below and I’ll be happy to help answer them. 🙂

InnovaTech

$350 - $50,000
0

Overall Rating

0.0/5

Pros

  • There is nothing I could find positive to say about this company

Cons

  • They use false advertising to market their company
  • It will cost you a lot of money 
  • Chances of you earning a profit are basically nonexistent 
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4 thoughts on “Is Innovatech A Ponzi Scheme? Don’t Join Before Reading This Review!”

  1. Hello there.

    Thanks for the information about this business. I personally have never been interested in these types of companies which claim I can make a lot of money by investing money into them, but there have been a  couple of my friends who are wanting to get involved. 

    However after reading this post I realize that this is a scam and that it’s important to have full knowledge about something before joining it. 

    So I will tell my friends to not join this.

    Cheers

    Reply
    • Thanks for your comment Justin, and I’m glad you enjoyed my review. Furthermore, I’m glad you’ll be letting your friends know not to join Innovatech here because they will be doing nothing but wasting their money if they do.

      Reply
  2. Good day Michael, 

    This is my first time hearing of InnovaTech,  and I really learned a lot about it thanks to your review here. 

    I appreciate you taking your time to ensure an in-depth research and fact-finding article to show us that this is a company no one should be getting involved in.

    So thank you again for writing this article and letting us know that this company is in fact a Ponzi Scheme. 

    Reply
    • No problem. I’m glad my review here has helped you out and more importantly that you will not be joining it.

      Now if you are interested in learning how to make money online through a method that is legitimate and been proven to work countless times I suggest you check out Wealthy Affiliate.

      It basically teaches you how to create a website and earn money from it by talking about a subject you’re passionate about.

      And the cool thing is they let you join and try it out for free — so if you don’t like it you can leave at anytime no strings attached. 🙂

      Reply

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