Recently a company named Apex Power Group entered the market and made the bold claims that it would profit from the creation of renewable energy sources, amplifying it through cryptocurrency mining, and sharing its earnings with customers.
In this post, we will review Apex Power Group and suggest whether you should invest in it or not.
|Head Office||Edinburgh, Scotland|
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What is The Apex Power?
Apex Power is a platform for sustainable and green energy investments focusing on energy finance and providing climate change prevention solutions using renewable energy sources including solar and wind power.
A person named Lahm Andreas pretends to be founder of The Apex Power. The company was started in 2018 and its headquarters is located at Albyn Place, Edinburg, Scotland.
According to Similarweb, the total visits on its domain Theapexpower.com is 440k+ with the top countries reaching the United States (95%), Slovakia (3%), and Mexico (3%). And its domain was registered on December 2022.
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Apex Power Joining & Products
To join Apex Power, you must sign up using your email address on the company’s website. The minimum joining cost to join this company is $21.
To improve the planet for future generations, Apex Power is committed to developing renewable energy sources such as solar, hydro, and wind energy facilities.
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Apex Power Compensation Plan
Depending upon various investment amounts and maturity periods, Apex Power has introduced 6 different packages into their compensation plan. The packages are named after the category of renewable energy sources that they focus on.
After selecting one of the compensation plan packages, you will have access to rewards offered by Binary Matching. The package you select will determine your profit percentage based on the amount you intend to invest in Binary matching.
|Package||Investment Amount Range||Referral Income||Binary Income||ROI||Days||Cap||Total Profit||Total Returns|
|Power Bit package||$21-$2500||7%||7%||1.50%||200||$2000||300%||400%|
|Royalty Power package||$250001- above||12%||12%||3.00%||250||No cap||750%||750%|
For its consumers, Apex Power has also introduced TAP advance investment returns, which need you to sponsor a few new people to participate in their investment plans. Below is a description of the profit in TAP advance investment returns and its requirements:
|Advance Bonus||Sponsor 5 peoples||15%||7|
|Matured Bonus||Sponsor 10 peoples||25%||7|
|Super Bonus||Sponsor 15 peoples||50%||7|
If you consistently deliver exceptional performance in TAP advance investment returns, you may be given the title of Regional Head and Country Head within the organization.
The Apex Power Review
After scrutinizing the business model and compensation plan of this company we found several red flags. Let’s take a closer look at them.
Founders are Hiding
The fact that this company’s founders or operators are operating it in secret generates severe doubts in the minds of its customers and is the biggest cause for concern.
They have just shared the name Lahm Andreas and shown a dummy person as the CEO of the company.
People should be aware of these traits in an MLM organization before investing because there is a risk that they are running a scam without disclosing their name.
Bogus Compensation Plan
We can clearly see in their compensation plan how they have randomly placed various figures and percentages sequentially without providing any explanation as to how they are generating returns on their investments and meeting the stated numbers in the pay plan.
The only information provided regarding the use of investment funds from compensation plans is that they spent them in cryptocurrencies and generated large returns.
If that’s the case, why didn’t they disclose which cryptocurrency or exchange they were investing in? Users and their target audience would be very suspicious if they did.
The binary matching mechanism is frequently used by scammers to lure victims into their traps by making false promises of high rewards.
Additionally, the profits mentioned by its company are wildly unrealistic. Because every legitimat plan is designed to produce reasonable returns after a sufficient amount of time, whereas The Apex Power guarantee the fixed returns.
Lack of Transparency
There isn’t much information available on the services they advertised on their website, including the production of renewable energy sources like wind, solar, and hydro energy.
Information on things like the location of the manufacturing sites or the volume at which they are produced. This company blatantly lacks transparency.
Their Facebook page is managed from India and they produce fake incorporation certificates of different countries.
Money Circulation Fraud
We can conclude that this company’s pay plan is nothing more than a Ponzi scheme scam after carefully examining it. Their primary avenue of business is still their MLM side, but they are attempting to con people with their bogus products like energy plants.
In these kinds of schemes, the senior executives, founders, or operators walk away with a substantial profit while the general public gets nothing. This is a further explanation for the operators hiding their identities
Should I invest in Apex Power Group?
No, you should refrain from investing in these kinds of fraudulent schemes and save your precious money.
The Apex Power is luring people using fancy terms like “renewable energy”, “cryptocurrency” and “fixed returns” whereas they are just Ponzi scheme scams.
Initially, they may pay their investors, but its part of their strategy to fool people around the world. They can disable withdrawal anytime and take exit from the market.