Hello and welcome to my SCU Wealth Builder review.
Is SCU Wealth Builder a scam?
This is one of the questions that we are going to take a close look into and hopefully, after all the research and information we gather to give you a definite answer of yes it is a scam, or no it is a legitimate opportunity.
We are also going to take a close look at the company and who owns it, the products or service they offer, and the compensation plan and how you get paid commissions.
I wanted to take a look at this opportunity because I’ve seen that some people were starting to promote SCU Wealth Builder and hyping it up.
So, naturally, I wanted to check out what all the hype was about.
Also, before you go, make sure to grab your money-making bonus that I’ve included below.
The first section of my review will cover what it is.
SCU Wealth Builder Review
SCU Wealth builder is an affiliate program designed to help you make money online.
It has a referral program that triggers commissions when each level is filled with 6 people.
I will explain how you earn those commissions in my compensation plan review section below.
Referring people to the opportunity is a must to earn from this opportunity.
Like I mentioned at the beginning of this review I will cover the company details and owner information, the products or service that they offer, the compensation plan and how you earn commissions and finally if I feel that this opportunity is a scam or Pyramid scheme or not.
The first section of my review that I will get into about this program is information on the company.
Let’s dive in and see what we find.
Another great article: FES Protection Plan Reviews – Compensation Plan Overview
The SCU Wealth Builder Company Overview
In this section of my review, I will cover information about the company and the owner.
I like to cover this section at the beginning of my reviews because it usually sets the stage for the rest of my research.
It is not always a negative when the owner information is not publicized on the company site especially when the program is new like the SCU Wealth Builder program is, but it not a good sign when owner information is not found either.
With that said, the company owner information is not found anywhere on the company site.
I did a search on the domain name (www.streetcrewz.com) and this is what I found:
- Registration is private (no owner information found)
- The domain was purchased on Jan 18th, 2016
- It was recently updated on Feb. 5th, 2018
I have recently just watched a training video that the presenter claimed to be the CEO.
He stated his name was “Kaschmiere Rich”?
It was at the beginning of the video and was very fast but that is the name I got from it.
I have completed many reviews and when a company owner does not wish to share personal information about who they are, it means that they want to hide something.
Why do you want to hide if you want to put together a program that has the possibility to help people earn commissions to better their life financially?
Transparency is key when you want to know if a company is legit or a scam.
I will be the first to tell you that when a company owner does not want to share personal details on who they are, make the opportunity a definite scam.
Sure, there have been proven scams where the company owner was 100% transparent, but the majority of the time when the company owner does not want to be transparent, it usually means that something is up.
The next section of my review will cover the products or service that SCU Wealth Builder offers.
The SCU Wealth Builder Products and System Review
This is a 2 part section and the first part I will cover will be the products that SCU Wealth Builder offers.
Having a good company requires some type of physical or digital product that provides a value of some kind or can be used or consumed.
Without any product make a program only a money game that is frowned upon by the regulators.
Sure, these programs can get away with it for a while when the program initially launches.
Once the program starts growing and making a significant profit they will start running into some major problems.
If the regulators step in and they don’t have anything in place while under investigation, it will be too late.
With that said, the SCU Wealth Builder opportunity does not have any products that I can find on the company website.
This is not a good move for a long-term stable business and it is my opinion that the program owner doesn’t expect it to last long and just in it for the quick money grab.
This is a mark in the spam bucket for me and my criteria for a legitimate program.
I am not happy to call them out because I know some good people that started to promote it.
But I have to call it what it is, with the information that the company website provides.
NOTE: This information is not mentioned on the company website.
They offer eBooks as the product, which for $5 can be argued that this is a fair value.
In the next section of my review, I will cover information about the compensation plan and how you earn commissions with the SCU Wealth Builder program.
The Backend Marketing System
NOTE: This information is not listed on the company website.
Inside of the back-office of SCU Wealth Builder, you will have a few sections that you can earn additional income.
You can add additional opportunities that you are part of in the back-office that your members will see.
The way that this works is for every level of the pay plan that you qualify for, you get 1 business link that you can add.
When you first join SCU Wealth Builder you are added to level 1 of phase 1 and you get 1 business link that you have the option to add.
When you qualify for level 2, you get 2 links.
This continues for each and every level that you qualify for within the compensation plan for both Phases.
Another great article: Prosperity Marketing System Review – The 12 Dollar Funnel Opportunity
The SCU Wealth Builder Compensation Plan Breakdown
SCU Wealth Builder has an MLM Cycler type of compensation plan.
It is broken down into 2 big boards that consist of 6 levels that you will have to qualify to reach the next level by referring 6 people that paid into the opportunity under your affiliate link and coded to you.
The SCU Wealth Builder compensation plan is broken down into 2 phases.
- Phase 1 is broken down into 6 levels
- Phase 2 is broken down into 6 levels also
Phase 1 has 6 levels which include:
- Level 1 – ($5 entry fee) The commissions that you earn on this level is $20.
- Level 2 – ($60 entry fee) The commissions that you earn on this level is $35.
- Level 3 – ($150 entry fee) The commissions that you earn on this level is $100.
- Level 4 – ($300 entry fee) The commissions that you earn on this level is $200.
- Level 5 – ($600 entry fee) The commissions that you earn on this level is $350.
- Level 6 – ($1500 entry fee) The commissions that you earn on this level is $1,000.
To get started with SCU Wealth Builder you will need to invest $5 to begin in Phase 1 at level 1.
Once you find 6 people that join under you at $5 each you will then move to the 2nd level.
The way that the commissions that you earn will work from level 1, Phase 1, is like this:
- Total earnings for this level once filled would be $30.
- You will keep $20 for your commissions payout.
- The system will keep $10 to move you to the 2nd level which is $10.
All levels require 6 people to move to the next level.
Moving to the next level is taken care of by the difference of the commissions the system holds from the total earnings from the completion of this level and will automatically enter you into the next level.
You keep the difference of what it takes to move to the next level of the phase.
You are required to have all 6 paid personal referrals in any level that you are on to trigger a commissions payout.
Phase 2 has 6 levels which include:
- Level 1 – ($500 entry fee) The commissions that you earn on this level is $2,000.
- Level 2 – ($1,000 entry fee) The commissions that you earn on this level is $4,500.
- Level 3 – ($1,500 entry fee) The commissions that you earn on this level is $7,000.
- Level 4 – ($2,000 entry fee) The commissions that you earn on this level is $9,500.
- Level 5 – ($2,500 entry fee) The commissions that you earn on this level is $12,000.
- Level 6 – ($3,000 entry fee) The commissions that you earn on this level is $18,000.
To system will automatically take the difference of your earnings from the last level of Phase 1, Level 6, total qualifying commissions to enter you into Phase 2, Level 1 with $500.
Once the 6 people from your Level 6, Phase 1 qualify to move to the next level and your Level 1, Phase 2 is filled up you will move into Level 2 of Phase 2.
The way that the commissions that you earn from Phase 2, Level 1 will work is like this:
- Total earning once this level is filled would be $3,000.
- You will keep $2,000 for your commissions payout.
- The system will keep $1,000 to move you to the 2nd level which is $1,000.
All levels require 6 people to move to the next level.
Moving to the next level is taken care of by the difference of the commissions the system holds from the total earning from the completion of this level and will automatically enter you into the next level.
You keep the difference of what it takes to move to the next level of the phase.
You are required to have all 6 paid personal referrals at any level that you are on to trigger a commissions payout.
Some things to take note of about how you get paid:
- You will need to refer 6 people that pay $5 each in order to trigger a commission payout
- Your commissions will be the difference between what it will cost to enter into the next level and you will get paid out the rest.
- You can’t decide to stop and cash out the entire commissions, the system will not let you do that.
- The cost that you will ever have to pay will be the $5 when you first get started.
That will sum up how the compensation plan works and how you get paid commissions with SCU Wealth Builder.
The next section of my review will be the FAQ section.
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SCU Wealth Builder FAQ
In this section, I like to cover questions that I have been asked through many of my reviews.
How Much Does SCU Wealth Builder Cost To Join?
The cost to join SCU Wealth Builder is a one time cost of $5 USD.
The company wants you to join with Bitcoin because he claims that it is best and has some colorful ideas about why in a video I found on Youtube.
You can add additional ways to receive your commissions like payment processors like Google Wallet, PayPal, etc.
I don’t think that this payment made by your customers will be automatically confirmed by a push of a button, you will have to confirm each payment manually.
Is SCU Wealth Builder BBB Accredited?
No, SCU Wealth-Builder is not accredited or listed on the Better Business Bureau.
When reviewing a company or program this is not a definite indication for it to be a scam or legit, it just means that it is not listed on the BBB at this time.
Not all legitimate programs have a listing on the BBB so take that into consideration when asking this question.
Is SCU Wealth Builder A Scam or Pyramid Scheme?
This is a 2 part question that I will answer in the 2 parts.
Is it a scam?
If the program is paying you commissions for the efforts and what the company has in place that you need to qualify for those commissions and pays into your bank account, then in that case no, it is not a scam.
Is it a Pyramid Scheme?
Yes, SCU Wealth Builder is a Pyramid Scheme.
(this opinion is based on what information that the company website has, the owner has posted some videos that you can find on Youtube, but that information needs to be included on the company site to be valid… hopefully, that is updated asap!)
The reason why I say this is because the program offers 0 products of any kind.
The textbook definition of what a Pyramid Scheme is this:
a form of investment (illegal in the US and elsewhere) in which each paying participant recruits two further participants, with returns being given to early participants using money contributed by later ones.
With that said these programs are illegal in the US, so don’t join this program if you are looking for a long-term money-making program.
(this is according to the company website, I’ve included more information on this topic below)
My Final SCU Wealth Builder Review and Thoughts
I covered information about the SCU Wealth Builder company and who owns it, the products or service they offer, and the compensation plan and how you get paid commissions.
The research I have done was through the company website and through some social channels and some Google research.
I have no doubt that what I found through the social websites and with some of the people promoting SCU Wealth Builder saying that they are getting paid that can earn as well.
What I have a problem with is how the entire program is structured on the company website.
The regulators don’t care if additional information is created outside of the company website, they want ALL of the vital information presents on the company website and to be easily attainable and transparent!
This is not a program to join if you are looking for a long-term profit-generating business plan the way that it is now.
If you do decide to join only go into this program knowing that this opportunity is only going to be around for the short-term the way that it is now.
It is a Pyramid Scheme according to the information on the company website, so know that at least in the US, this program will get shut down at some point and might lead back to you legally if you become one of the big earners.
I’ve seen it before, and it will happen again.
Just be careful.
Do I think you should join SCU Wealth Builder?
We are all adults, so the decision is yours.
I presented you with all the facts, and now is the time to make a decision on whether or not this opportunity is right for you or not.
I hope you enjoyed my SCU Wealth Builder review and the information that I shared.