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 Berks
Owners: John Richmond & Clint Berks
Price: Free to join. Affiliates need to invest in RBD in order to receive the compensation plan.
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.
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.
- Level 1 – 10%
- 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.
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.
Too bad on your Fiverr account you say your name is Kyle.
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.
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.
- Choose your interest. (Niche)
- Build a website.
- Generate traffic to your website from search engines.
- 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.