What Is Crypto Builder?


What Is Crypto Builder? Is Crypto Builder a Scam?

Crypto Builder promises to help you build wealth starting with only a $120 investment. Is Crypto Builder the path to financial freedom? And, can it repeatedly earn 200% as promised? A closer look reveals something entirely different. Follow me to see the Devil in the details.

Name: Crypto Builder
Website: crypto-builder.com
Founder & CEO: Hannes Jordaan
Price: $120 (Paid in bitcoin)(No Refunds)
Opinion: Not Recommended

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What Is Crypto Builder?

Crypto Builder promises to help you reach financial freedom with their “step-by-step model.” According to the Crypto Builder website, their mission is “…to empower you with a… life-changing opportunity to create… wealth for you and your family…” With an initial investment of $120, you can get you started.

What Is Crypto Builder? Is Crypto Builder a Scam?The Crypto Builder life-changing opportunity appears to be based on a mysterious system that magically drives superior financial growth with a minimal investment. Although they do not use the word “investment” on their website, they imply that you will be investing and making extraordinary returns.

200% Returns?

Also, at the bottom of the Crypto Builder homepage, you are promised you can earn up to 200% over and over. It’s not clear how you will earn 200% or what you will be earning 200% of. There is no mention of a legitimate investment.

How Crypto Builder Works.

If you’re curious and want to know how it works, Crypto Builder has a page on their website about their plan. You’ll find it in the top menu. Unfortunately, when you arrive on the “How it Works” page, you are confronted by a highly complex compensation plan.

The Crypto Builder Compensation Plan.

The compensation plan is explained in an extremely amateurish and annoying video. If you choose to watch this video, you will learn that the minimum cost of joining Crypto Builder is $120. The $120 is split $20/$100 to buy positions on the first and second level.

You can buy as many positions as you like. Each position permits you to have two referrals under you. In theory, the more positions you have, the more money you can potentially earn. Money is earned as you recruit referrals and they pay to join.

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Hannes Jordaan Explains Crypto Builder.

Is Crypto Builder a Scam?

Unfortunately, the Crypto Builder “How it Works” video does not mention retail products or a legitimate investment process. All it shows is that money flows into the bottom of the organization and is distributed to levels higher in the organization.

The fact that Crypto Builder does not have a retail product, does not create value and does not have an investment process, suggests it may be a Ponzi scheme.

No Retail Products.

It is essential to understand that Crypto Builder does not offer a retail product. It only sells positions in their organization. Money is made by first buying a position and then selling positions to other people.

Nothing is Invested.

Although Crypto Builder promises a return on your investment of up to 200%, nothing is invested. Money is earned when a position is sold, and the proceeds from each sale are paid to those upline of that position.

What Is Crypto Builder? Is Crypto Builder a Scam?In other words, early investors are paid from money injected into the scheme from later investors. This detail is just as incriminating as the absence of retail sales. In a moment, you’ll see why.

Who is Behind Crypto Builder?

There is no mention on the Crypto Builder website of who is behind it. This is a huge red flag. In a business relationship trust is essential. How can there be trust when one of the players is hiding? And, why is he hiding?

Although there is no mention of who is behind Crypto Builder on the website, there is mention elsewhere on the internet that Hannes Jordaan is the founder and CEO.

Also, you can see Hannes Jordaan narrating the Crypto Builder Compensation Plan video. He’s the talking head on the top right.

Hannes Jordaan is also associated with Zarfund. Zarfund is, or was, a bitcoin-based scheme very similar to Crypto Builder. A commenter on BehindMLM.com stated that Zarfund collapsed in October 2016. However, the Zarfund website is still online and appears to be accepting signups.

The Zarfund website is almost identical to the Crypto Builder website. Also, a full bio of Hannes Jordaan is on the Zarfund website, see zarfund.com.

What Is Crypto Builder Really?

BehindMLM.com describes Crypto Builder as “Cycler Ponzi.” The United States Securities and Exchange Commission defines a Ponzi scheme as “investment fraud that involves the payment of …returns to existing investors from funds contributed by new investors.” (Source)

A Cycler Ponzi is a Ponzi scheme that pays members when a cycle is completed. According to the Crypto Builder Compensation Plan, “Payouts are calculated once you cycle a level. You get paid the Bitcoin value of the payout at the market value at the time of cycling.

A defining characteristic of a Ponzi scheme is the promise of high returns without a legitimate investment. Early investors are paid “returns” from money collected from late investors. No value is created. Money is merely shuffled from the bottom of the organization to the top.

A Ponzi scheme works by attracting investors with promises of a high rate of return, but the money is not actually invested. It’s merely distributed among the upline. Crypto Builder promises returns of up to 200%, a stupendously unreasonable claim.

All Ponzi Schemes Eventually Collapse.

Instead of investing the money, the Ponzi scheme pays early investors with money received from late investors. When no more investors can be recruited to add money to the scheme, the scheme collapses.

At the time of the collapse, people at the top of the scheme walk away with most of the money. People at the bottom lose every penny they invested.

The Last Word on Crypto Builder.

In my opinion, Crypto Builder is indeed a Ponzi scheme. In the United States and most countries, participating in a Ponzi scheme is illegal. In the US, participating in a Ponzi scheme at any level is a Federal Offense punishable by fines and imprisonment.

The only people who make money with a Ponzi scheme are the people who create it and the few who get in early. The later you get into the scheme the more likely it is you will lose all the money you invest.

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How to Make Money Online the Right Way!

Wealthy Affiliate Work In Your PajamasYou CAN make money online. You CAN work from home and support yourself and your family. You can even become rich.

However, you won’t do it with a dubious scheme like Crypto Builder. Making money online is the same as making money offline.

Have you ever made money right after buying a make money product? Have you ever just stepped into a situation where you made money without knowing any skills? Me neither. Making money without skills or creating value doesn’t happen. It won’t happen offline, and it won’t happen online either.

However, you CAN make money online. Millions of people do every day. Stick with it and you can even make a lot of money. First, you must learn the necessary skills. The place to start is the Online Entrepreneur Certification Course. The first 10 lessons are free too.

The Online Entrepreneur Certification Course will show you how to build an affiliate marketing business that makes money 24/7.

To learn more, Click Here.

If you found this article helpful, or have experience with Crypto Builder, please leave a comment below. Thank you!

12 thoughts on “What Is Crypto Builder?

  1. Hi Gary, For a person who truly would be paying attention in what this program promises to people who choose to get involved with it, as stated early in your review Crypto-Builder making the ludicrous statement that an individual could make back some 200% from his/her original investment is completely bogus.

    Unfortunately as uneducated people look to make money online through any means possible, many would ignore the red warning lights flashing right in front of their eyes involving this scam opportunity. Instead all they would see is the allure of making so much money off of what they originally forked over.

    As you so readily concluded when addressing the silly claim advertised by Crypto-Builder concerning that 200% profit being earned, there is also know info provided as to HOW a person would be able to earn it. It’s nothing but lies that unfortunately greedy people choose not to even pay attention to.

    The explanation as you stated written on this company’s website on exactly how a person would make money is incredibly complicated. And I believe written in that manner so that only a person with an MBA coming from an Ivy League school would understand that Crypto-Builder is nothing but a complete scam!

    Finally as you revealed in the latter part of your excellent review, this company is proven to be nothing but an illegal Ponzi scheme. Surprise, surprise!

    Thank you for warning any rationale thinking person Gary to stay clear from this bogus opportunity – one in which a person definitely would NOT earn 200% in profits on his/her original investment.

    Jeff

    1. Hi, Jeff!

      I agree. The people behind Crypto Builder intentionally make it difficult to understand. Confusion is the stock and trade of a scammer. Plus, as you mentioned, they push the greed button ruthlessly. It’s as if they are trying to convince the mark that “who cares how it works if we all make money?”

      The truth is, we won’t all make money. Only the guys at the top make money. Then like a game of musical chairs, the music stops and someone is left out, usually the ones who can least afford it.

      Thanks for stopping by,

      Gary

  2. Crypto Builder seems like just another Pyramid scheme. While cryptocurrency can earn you cash if you are willing to study it and don’t fall for that kind of schemes, it is really difficult to be clear about what is a scheme and what not. Not clearly talking about the owner is really shady. I guess that is why people believe that there is no legitimate way to earn income online. It’s a shame because there are honest people online.

    1. Hi, JohnB!

      I agree. It’s schemes like Crypto Builder that make people believe it’s impossible to make money online. That’s so unfortunate because the internet is the greatest opportunity in history. However, as you mentioned, it requires study and effort.

      Thanks for stopping by,

      Gary

  3. After hearing the name Crypto-builder, it made me curious because it seems like it’s something that would help you invest in cryptocurrencies, but after reading your review of it, I will stay far away from it. The fact that there is no one really to contact or who the founder is is by far one of the biggest red flags and the investment of $120 is not guaranteed to make you any money at all. You’re right, this is definitely a ponzi-scheme. Was there any way to get back the $120 you supposedly had to invest or once you gave it to them, was it gone for good?

    1. Hi, Brian!

      Crypto-Builder is merely capitalizing on the crypto craze. It seems every day there is another crypto coin on the market. However, Crypto Builder is another animal all together. It’s just a Ponzi gifting scheme. The only difference is members gift each other bitcoin instead of money.

      Thanks for stopping by,

      Gary

  4. Thanks for exposing Crypto Builder for what it is, a Ponzi scheme. I wish it was possible to earn lots of money like they promise, but it sounds more like they want to take people’s money. I didn’t know that a red flag for a Ponzi scheme is when there is no retail product and money just shuffles from the bottom of the organization to the top. I learned a lot from your article and I hope I’m a little more scam proof.

    1. Hi, JB!

      Ponzi schemes and pyramid schemes are often confused and rightly so. From the outside they might look similar. Key to both schemes is the people at the top are getting money for nothing. Of course both scheme are illegal and eventually collapse.

      The internet has made it easy to quickly set up both a Ponzi or a pyramid scheme. Once it collapses, the operators usually throw up another one within a few weeks. 

      Thanks for stopping by,

      Gary

  5. This certainly sounds like a pyramid scheme to me.

    I don’t see how they even get people to buy into this without having some kind of product or service to provide.

    It’s literally, “you pay me money, and then you find people to pay you money”…for absolutely nothing…

    Is this even legal?

    1. Hi, Dana!

      Thanks for summing up Crypto Builder so beautifully. I wish I had thought to simplify the concept as clearly as you have. Indeed, it really is nothing more than “you pay me money and then you find people who will pay you money.” That’s not much of a business. If you can talk people into paying you money, you don’t need Crypto Builder.

      Thanks for stopping by,

      Gary

  6. Hi there! I just finished reading your review about Crypto Builder and thought I would just drop you a quick comment to say thanks.

    There are tons of these Crypto scams on the internet right now! I have seen loads of ads from Crypto software too. This sounds to me like a typical old school MLM. Like you say in your article, eventually the whole thing is doomed to collapse with only a handful of people making any money from it.

    I certainly won’t be getting involved with this one! Thanks for keeping us all informed Gary!

    Take care,

    Andrew

    1. Hi, Andrew!

      Yes, it seems that every scammer and his brother are claiming their scheme is a crypto money maker.  The only thing that is crypto about Crypto builder is that you have to pay in bitcoin. However, that doesn’t change the nature of the scam. It’s still a Ponzi scheme.

      Thanks for stopping by,

      Gary

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