Originally Syndicated on June 16, 2024 @ 7:00 am
It has been noted that Nimble Finance provides false executive information on its website unabashedly. Nimble Finance’s website domain (“nimble-finance.org”), was registered with fake details on October 15th, 2023.
Nimble Finance has no retailable products or services. Affiliates are only able to market Nimble Finance affiliate membership.
“Neither My Daily Choice, Josh or Jenna Zwagil have anything to do with Nimble Finance.” says Oliver Gary, founder of Nimble Finance.
Nimble Finance’s Compensation Plan
Nimble Finance affiliates invest funds on the promise of these advertised returns:
- Builder Pack – invest $100 to $2999 and receive 2.9% a day for 3 days
- Director Pack – invest $3000 to $9999 and receive 9.5% a day for 7 days
- Executive Pack – invest $10,000 to $39,999 and receive 35.5% a day for 10 days
- Compensation Pack – invest $40,000 or more and receive 55.5% a day for 15 days
Nimble Finance pays referral commissions on invested funds down three levels of recruitment (unilevel):
- Builder Pack tier affiliates earn 10% on level 1 (personally recruited affiliates), 5% on level 2 and 3% on level 3
- Director Pack tier affiliates earn 15% on level 1, 10% on level 2 and 5% on level 3
- Executive Pack tier affiliates earn 25% on level 1, 15% on level 2 and 10% on level 3
- Compensation Pack tier affiliates earn 35% on level 1, 25% on level 2 and 15% on level 3
Nimble Finance affiliate membership is free but full participation in the income opportunity requires a minimum $100 investment.
Conclusion
Nimble Finance is a typical generic fintech Ponzi scheme. The source-code of Nimble Finance’s website reveals this clearly.
Nimble Finance has been lying about the foundation of the company and who runs it. Its website pretends to be itself as a generic finance themed template with plenty of generic finance jargon and numerous of stock and/or stolen images.
As a passive returns investment scheme, Nimble Finance is required to register itself with financial regulators but it fails to provide any such evidence of registration. It is committing securities fraud as verifiable source of revenue entering Nimble Finance is only new investment.
Using new investment to pay ROI withdrawals would make Nimble Finance a Ponzi scheme. The MLM side of Nimble Finance operates as a pyramid scheme because nothing marketed or sold to retail customers
Like all MLM Ponzi schemes, once affiliate recruitment dries up, new investment will also halt leading to the collapse of the company.
Note: If an MLM company is not honest about mentioning who runs or owns it, consider joining or investing very carefully.
