is richmond berks a scam

Richmond Berks Review – is it a scam?

This is a review of Richmond Berks. I want to be clear that I have no affiliation with Richmond Berks and this will be a 3rd party review to determine if this is a legit opportunity or scam.

A lot of the reviews online about Richmond Berks are from affiliates of this company. That means, if you read their review and sign up, they will make money from you. This is not a bad thing but sometimes these affiliates will lie to you in order to get you to sign up.

This will be a review of Richmond Berks to determine if this is a legit opportunity or a scam.

 

Richmond Berks Overview

Company: Richmond Berksreview of richmond berks

Website: RichmondBerks.com

Owners: John Richmond & Clint Berks

Price: Free to join. Affiliates need to invest in RBD in order to receive the compensation plan.

Rating: TDB

 

What is Richmond Berks?

According to the Richmond Berks website, this company makes money by flipping real estate. Flipping real estate can be an extremely lucrative business.

You can join this company as an affiliate. You will then begin to market and try to sell the affiliate membership to other people who want to participate in this company.

Richmond Berks is set up as a multi-level marketing company. Your goal as an affiliate is to recruit other members into the company.

But is this more than an MLM company? Could this be a Ponzi Scheme?

 

Background on Richmond & Berks

According to RichmondBerks.com, this is an international company that traces its history back to 2008.

In 2016 due to the conflict of interests, Richmond and Berks sold their company shares and founded a new corporation – Richmond Berks.

This checks out from scamadvisor.com. This website is 163 days old. That is less than 6 months from the time of this review.

Although, this website is deemed to be high risk at 25%. That is not a good sign. Also, whoever the owner of this website is, is using a service to hide their identity. Another red flag when you are supposed to be investing into this company.

One thing I could not find was any real background information on John Richmond or Clint Berks. There are not biographies on RichmondBerks.com or any other place on the web before the start of their newest adventure. (RichmondBerks)

 

Richmond Berks Products

Richmond Berks does not offer any products or services. It claims to flip real estate but I cannot find any real estate holdings by Richmond Berks.

Again, affiliates of this company can sign up to market this company. But, affiliates will be marketing to people who are looking for employment opportunities.

Without real products or evidence of this company having holdings or sales in real estate, this company seems to be a Ponzi Scheme and not a multi-level marketing company.

 

Payment structure of Richmond Berks

If you are an affiliate of this program and want to join the compensation structure of this company. You will need to invest in something called “Richmond Berks Dollars”. (RBD)

RBD is just a made up currency with this company and holds no actual value outside of this company.

Richmond Berks offers 1.4% return on investment with these RBD points. On weekends the RBD points have an ROI of 0.7%.

Withdrawals from Richmond Berks can be done so in exchange for USD. Unfortunately, Richmond Berks is going to keep 50% percent of the request withdrawal amount.

There are also different rewards that can be completed for different dollar amounts.

sign up for richmond berks

The bonus points from Richmond Berks have a daily ROI of 0.05% which would be the same as the RBD.

The affiliate compensation structure for recruiting is paid out on 2 levels. You can receive a commission from your downline is 2 ways.

  1. Level 1 – 10%
  2. Level 2 – 5%

 

Fake Reviews and Testimonials

As I said in the beginning of this article is that there are a lot of fake reviews about this company. Which is what made me want to dig into this company.

The reviews from employees are fake. There are even claims that the “employees” of this company are not real. They are just pictures of real people stolen from Facebook.

This company is hiring people from Fiverr to make fake testimonial reviews. It is a scam to get you to believe you can actually make money with this company.

is richmond berks a scam

This is Helen. One of the first testimonials from RichmondBerks.com. The only issue with this testimonial from Helen is that it is completely fake.

Helen never made $1,000 with Richmond Berks. She only made $5 to record this video.

Same girl, wearing the same exact outfit from her Fiverr gig profile.

How about 1 more review to show you these are all bought from Fiverr.

fake testimonial of richmond berks

George huh?

Too bad on your Fiverr account you say your name is Kyle.

is richmond berks a scam

I have reviewed a lot of companies. The fake companies that are scams love to hire people from Fiverr to make video testimonials that are complete garbage!

You cannot trust a company that hires people to create fake testimonials.

 

Is Richmond Berks a scam?

In my opinion, this is just another scam. It is a Ponzi scheme designed to recruit others into the platform.

There is no information about the owners online and the website owner is using a service to hide their identity.

The website shows a list of employees with their pictures, but those are all fake employees.

The video testimonials from this company were all bought from Fiverr.

This company is not even registered with the SEC even though they claim you will be receiving ROIs.

It seems the only way ROIs are going to be paid is with recruiting other members into the affiliate program who also “invest”.

That is a Ponzi scheme.

If this company can prove they have real estate holdings and properties that they have flipped, it is just another Ponzi scheme.

Rating: NOT LEGIT

 

A better option?

Even if you have joined Richmond Berks, you can still get out now. There are better options for you. Any company that is offering you returns on investment for no effort at all is not a legit company to be affiliated with.

This is where I got started online and where you can start online too. You can turn this into a full-time business. It is not an overnight success story. It takes real work and dedication.

See where I got started online.

At this platform, you will learn how to start your own successful online business. All the training, tools, and support are all offered in the same place.

There are no upsells and it is FREE to get started. There is also a paid membership for those of you who are serious about earning money online.

I always recommend you start for free and see if you enjoy building your own business online. There is a 4 step process that will be taught to you.

  1. Choose your interest. (Niche)
  2. Build a website.
  3. Generate traffic to your website from search engines.
  4. Sell products and earn commissions from Amazon and other retailers online.

This is where I started and I love it. I will be there to coach you 1 on 1.

That is right. I will coach you 1 v 1.

Build your own online business and get coached 1 v 1 by me.

Join Wealthy Affiliate today

19 comments

  1. Wow, good work. Just the fact you pointed out the false testimonies was enough for me. Then you could not find any information on them and some real estate which is supposed to be what you are signing up for. I believe in controlling my own destiny and the other option seems like it will let me be in control of what I am doing. Thanks for the info.

  2. Wow am I ever glad I found your review! I was thinking about joining this “opportunity”.

    I’ve always been interested in real estate and this seemed like a great way to get in without spending a lot of money.

    As with most things, if it sounds too good to be true, it probably is.

    Thanks again!

  3. Hey!

    This is so so helpful for people who were interested in Richmond Berks. You saved thousands of people! Thanks for this informative post. It really does not seem like a great MLM or as you put it Ponzi scheme to invest with.

    1. Daumantas,

      Something I failed to mention in this review is a number of negative complaints about this company. People who have tried to withdrawal money and not been able too. All types of things people are upset about.

  4. Normally when I read that a make money from home business is an MLM, my scam radar begins to twitch. Though not all MLMs are scams, the majority are and some others are just too hard to master.

    But if one does their research into the owners of said MLM, if they can find out who they really are, there is a good chance you can dig up some dirt on them.

    One of my favorite parts of this review is your exposing of the fake reviews. LOL That was a priceless find! GREAT JOB ON THAT!

    1. Robert,

      I have looked into and reviewed a lot of business online. It is pretty easy to find out if the reviews are real or fake. Not all MLM companies are scams. I know they get a bad wrap but some are okay. This is just a Ponzi scheme and I highly recommend you stay away from it.

  5. It’s too bad that people who want to make a living are sucked into scams like this and lose money instead of make it. I had not heard of this company but they pop up all the time. Thank you for the review and heads-up!

    1. Hillard,

      I hope you stay clear of it. I have been getting a lot of invites to join this real estate company so I had to start looking into it to see if it was worth investing with. I know I will not be giving this company a cent.

  6. Wow! I can’t believe they are hiring people on Fivrr to give reviews. I’m the type of person that always believes that people are naturally good, so I am really glad I found your review of this so-called company! You just saved me! Thanks!

  7. I will definitely mark Richmond Berks as a scam. I will never post a fiverr video as a testimony. It is so easy to find the maker and you know they get $5 paid for the video.

    A hidden website identity is also a major red alert for me. It is an investing company and you should know who you are dealing with.

    Good job on the investigative work!

    1. Arief,

      You would think so. A real investing company you will know who the owner is and they will be very open about what they invest in and where. That is how you keep the investors happy. This company is just going after the masses who might not know better.

  8. Red flags. Red flags everywhere…

    Ha ha. Loved this review– or perhaps exposé is more correct– especially the outing of the testimonials from Fiverr.

    On the other hand, though, it is incredibly frustrating to see so many scams out there. They are so nearly omnipresent that the average person either finds dozens of them before finding something legit, or they just assume everything is a scam and miss out of what could be tremendous opportunities for them.

    Good job outing these guys, though.

    1. Craig,

      I know this is not what you are looking for. But, I can promise you that my recommendation is not a scam. It is a real opportunity to learn how to start your own business online. That is where I started and I do not regret it for 1 second!

  9. Man oh man! What an eye opener!
    And people get away with scheming people out of their money? That’s so wrong.

    I’m glad I stumbled on this website.
    Great review, no BS, just the hard truth.
    Thank you.

  10. The current reviews aint bought they are made from most of the investors they are over a thousand revies and increasing so you are saying they bought all for $5 dont think so

    1. Emole,

      What I saying is that one needs to proceed with caution. If a company is going to use fake reviews that are bought from Fiverr as a way to launch their business can you really trust that company? I personally do not think you can.

  11. today 08/May/2017 RB its not paying anymore to anybody
    they shutdown the live chat box
    nobody answer by any form
    you cant withdrawal your working RB or profits
    they are silent now..
    fucking scammers.. burn in hell

    1. Carry,

      I am sorry to hear that. I had some serious concerns about RB and it seems like it is coming true. I hope you did not lose a lot of money. Contact the FTC right away!

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