An MLM-based investment company named Quintessential Business Network (QBN) has generated enough buzz in the market due to its lucrative investment plan and affiliate program.
In this post, we are going to review QBN and let you know if it is a legit opportunity or not.
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What is QBN?
QBN also known as Quintessential Business Network is an MLM-based investment country that gives your profits by investing your money in their big ventures across various major industries such as Real estate, Forex, crypto, and a lot more.
Reportedly, the CEO of QBN is Anwaar Qureshi and its headquarters is located in the British Virgin Islands.
According to SimilarWeb, the total visits on QBN’s website are 17k+ with the top countries reaching the Netherlands (55%), United States (26%), and Japan (10%). Moreover, its domain was registered on July 2022, as per WHOIS.
|Site type||MLM Company|
|Domain registration date||4 July 2022|
|Address||Intershore Chambers, Road Town, Tortola, BVI|
|Contact e-mail||Not known|
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After investigating QBN’s business model and company profile, we found several red flags in it. Let’s take a closer look:
- Possible Ponzi scheme
- Suspicious past of senior executives
- No retailable physical products
- Lack of transparency
- Unrealistic returns
- No information of founders or headquarters provided on the website
The past of the company’s senior executives is the main red sign, even though there are many others. According to reports, some of them participated in the prior Ponzi scheme BizzTrade. A lot of information, including details on QBN’s senior executives, is also missing from the QBN website.
Additionally, this firm does not offer email or contact assistance, so if you have a problem with the business, you are unable to even reach them.
Finally, despite claiming to be associated with several enterprises in important industries, they haven’t provided any information about any one of them.
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Who is the operator of QBN?
Anwaar Qureshi is the CEO of QBN.
From where QBN is operating?
QBN is operating from British Virginia Islands.
Is QBN legit?
No, QBN doesn’t appear to be a legit platform.
Should I use the services of QBN?
No, you should stay away from the services of QBN.
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