September 21, 2021

Karatbars Scam - Does it Make Sense to Be a Scammer?

What's Karatbars International?

Karatbars International GMBH, an MLM company, specializes in small-sized gold bars and gifts for bullion.

Karatbars is a different MLM company. Its main product, gold, is its most important.

Although they don't refer to themselves as Multi-level Marketing Companies, they prefer that you think of them as an affiliate-based ecommerce business.

MLM can often involve hosting parties and selling products or services to family members.

An MLM requires that you purchase a product or service in order to fulfill legal requirements. Karatbar doesn't require you to buy a product or service to meet legal requirements.

The headquarters of Karatbars International and the logistics center can be found in Stuttgart, Germany. They coordinate the creation and maintenance of new European countries.

Karatbars allows consumers to buy 999.9 pure bullion as well as other items like gift cards, collector's pieces, and gold merchandise at an affordable price.

But, they can be DAMN difficult to work with, and orders can take FOREVER.

It is impossible to make a regular income.

My take?

It is much better to learn a system that will make passive income than to rely on your family and friends to purchase.

Our staff members make over $40,000 per year from this system.

Karatbars Company & Founder History

Karatbars International CEO Harald Seiz established Karatbars International GmbH (Germany), back in 2011.

Dr. Harald Seiz is a German-born financial advisor and investor who has been a success since 1983.

Mr. Seiz received Senatorial Honours from the Hathe Federal Association for Economic Development and Foreign Trade in 2016.

Seiz is an entrepreneur who has invested in gold since 2016.

The concept is reflected within Karatbars International’s product portfolio

Silver should be a long-term, affordable investment.

What do Karatbars sell?

Karatbars offers gold bars and gift products with purity of 24 Karats 99.9%.

  • One gram
  • 2.5 grams
  • 5 grams

They are fully insured and delivered to the address given by the customer.

Every bar of gold is stamped with the logo of the quality assurance firm. For extra security, hologram stickers can also be found on the backs of plastic cards.

Karatbats also sells Classic cards. These cards are made from one-gram gold, and attach to high quality cards.

Karatbars are particularly interested in small-sized and light-weighted items because they are more easy to transact with.

Another popular product of the Karatbars Group is the Collector Karatbar. These cards include gold nuggets.

Collectors who are passionate about Karatbars should consider them. These limited editions are rare and will sell quickly.

You can exchange your gold for cash at Karatbars and any other K-Exchange registered center.

What are KCB coins? Is KCB A Good Investment?

KBC, which is a cryptocurrency using blockchain technology, can also be used to make electronic payments. Anyone who believes gold is reliable, secure and trustworthy can use it.

Mixed Reactions To KBC Investment

KBC Coin is an excellent investment because it is backed with gold.

Because of its low market capitalization, it is considered a poor long-term investment. High-risk investment option.

Many believe the Karatgold Coin's price will drop from 0.00550 USD down to 0.000561 US Dollars. This would make it a poor investment, as it will result in a drop of value of -89.796%.

It is possible that the prediction and analogy of it replacing or surpassing Bitcoin will not be realized in the near future.

Due to its low price and low market capitalization, the KBC Coin may crash in the next bear cycle. If current market conditions continue, the KBC Coin could not reach $1 within a year.

Advocates, on the other hand, claim that KBC Coins are highly likely to make a profit. The KBC Coin could hit new highs.

KaratGold Coin is a cryptonyzed gold version that meets all international standards. It will soon be possible to exchange it for cryptos or fiat currencies.

KBC Coins are safe, reliable, and borderless.

Is Karatbars A Legit MLM? Or Is Karatbars A Scam?

Warren Ingram is interviewed by The Money Show about the pyramid scheme of Bruce Whitfield. Warren Ingram is Galileo Capital's Executive Director.

"They're talking about desperate people They don't know what to do... Here is where criminals can make a lot of cash... Be careful.

Warren Ingram Galileo Capital

Bruce Whitfield interviewed someone who was in Cape Town for the Karatbars conference.

I was invited by the conference... It wasn't what I expected.

Susan is a Karatbars Conference delegates

Bruce Whitfield also spoke to Tony De Gouveia (one of Karatbars International's main South African affiliates).

This isn't a pyramid scheme... Karatbars won Canada appeal...
I get paid when people in my network purchase the product.

Tony De Gouveia, South African affiliate - Karatbars International

Is Karatbars A Pyramid Scheme?


Karatbars International has been flagged by the Bank of Namibia as a pyramid scheme.

Namibia is the primary financial regulator.

Following an investigation, the BON issued a media release informing that Karatbars International was a pyramid scheme.

The Banking Institutions Act prohibits pyramid schemes in Namibia.

They are part of a pyramid scheme and the NOB has barred Karatbars International, as well as their promoters, from doing business in Namibia.

South Africa

South Africa’s FSCA took a dramatic turn and stopped trying to regulate Karatbars International.

Karatbars stated to FSCA that, in response in November 2019 to its initial warning about securities fraud, it sells two products: a gold bullion product and a crypto-asset.

FSCA warned Karatbars and its affiliates that they had heavily promoted KBC shitcoin’s passive investment potential.

Karatbars claims seem to have been taken at face value by FSCA, rather than being investigated. This would have meant that the KBC promotion dates back to July 2018.

On December 13, 2019, the FSCA updated its position to state that Karatbars products were not considered financial products or services.

These individuals have not been registered with FSCA and are therefore out of their jurisdiction.

A German watchdog in 2019 ordered Karatbars' blockchain-based business to be shut down. It was accused of misleading customers into signing up for a pyramid scheme.


Karatbars International received a warning from the Ontario Securities Commission in July 2020 about securities fraud.

OSC warns Karatbars International, Karatbit (including Karatbit Exchange), that they are not licensed or recognized in Ontario, Canada for the sale or purchase of securities.

Karatbars International received a warning from Canada's AMF in March 2014 about securities fraud. This led to an outright ban in 2016.

OSC has issued a new warning. It appears that this warning is a repeat of Karatbars International's illegal solicitation for investment from Canadian citizens.

What happened?

Karatbars declared, in response to regulatory concerns from South Africa and Namibia, Germany, South Africa, and South Africa over the past few years, that it would change their name to Freebay by September 2020.

The reboot follows the massive investor losses that followed 2019 KaratGold Coin Ponzi Coin Release.

Karatbars use V999 to defraud investors. It is now available on Freebay

How Can You Make Money with the Karatbars Compensation Program?

There are many ways to make money with the Karatbars' Compensation Plan

Package Commission

Distributors earn package sales commissions for every package they sell.

  • Silver package commission 60 EUR (approximately 170).
  • Bronze package commission: 150 EUR (approximately 170).
  • Gold package commission: 300 EUR (approximately, 340).

Unilevel Commission

Distributions get Unilevel Commissions in proportion to the amount they spend with lower-ranking distributors.

The unilevel commission rate for a distributor is 0.5% with a maximum of 5.5%

Binary Commission

Distributors can earn binary commissions based on the downline's spending under a binary compensation model.

After each leg has sold a set number of units, the legs are then distributed in a generation.

Worldwide Turnover Bonus

It's not clear how the pool will be distributed among distributors. The compensation plan is in place.

It seems that there is a bonus pool for 5%, 95c per gram of gold that Karatbars sells.

Gold Pool

This pool consists of 1% Karatbars International lump-sum purchase of gold. Individual and package gold purchases exceeding 50 EUR (55 span>).

To be eligible for the gold pool, a distributor must have at least three unilevel legs.

To determine how many Gold Pool shares distributors have, the points are divided by 1000.

The Karatbars compensation plan is complex. It covers 25 pages. It is hard to imagine the information that a distributor or sales representative would need in order to close a deal.

That sounds complicated.

Yes, it is.

It shouldn’t take too long to get money, and it shouldn’t take as long to work out how much you owe.

We are proud to be your #1 recommendation for online education. Start making money today!

What is the cost of joining Karatbars?

Karatbars membership can be obtained for free but you will need to purchase one of their packages in order to receive their commissions.

Prices for each package depend on the content, products, and bonuses you choose.

  • Bronze Package - $135
  • Silver Package - $350
  • Gold Package - $800
  • VIP Package - $2,000

Which package is best? The bronze package costs about $10. VIP packages cost more than $100.

Is Karatbars International still illegal in Canada?

Karatbars in Canada are still banned, so far as I know.

On July 2020, the Ontario Securities Commission issued an alert to Karatbars International regarding securities fraud.

Karatbars Scam Review - Should You Invest In Karatbars Gold Bars Or Not?

According to Investopedia gold is a good choice of investment.

According to it, gold (1) will retain its value even if it is devalued as 2008, (2) will protect against inflation and (3) can be used for political purposes.

Karatbars makes it easy to invest in gold by offering small amounts of gold bars.

Karatbars allows for you to buy as little as one gram. The majority of people start with one ounce.

Karatbars prices per gram of 24Kgold is approximately 60 EUR, or $66 USD. The current price per gram of 24Kgold is $40 USD.

Karatbars doubled the price of gold. If you're looking for financial gains, you don't need to buy gold from Karatbars often.

Karatbars doesn't have a product.

They hide the fact that Karatbars MLM, which is an affiliate program, allows a new recruit to transfer money directly to the founders. The founders then share a portion with an older affiliate.

A MLM company could become a pyramid scheme.

Lead Money in 2021 is the best way to make money online

Our review team praised the program!

This is digital, but not real estate.

Yup, Digital Real Estate!

Karatbars is lacking in scalability.

Your time is precious and you only have so many people to reach.

MLM companies can do this. MLM companies encourage you to hire other people to your downline.

Imagine earning more money with local websites.

This digital real estate program can provide a steady monthly income, even if you don't have as many friends or recruits.

Is this too good to be true It is! Many business people wish they could master this skill.

It's easy to rank and build a local website. Then, forward the jobs to business owners.

For any service-based business such as tree service, plumbing, or towing.

What are the best ways to get paid?

It is very simple. Once you have sent the job to a business owner, and he earns money, you can ask each other for mutual benefits.

The industry determines what a fair price per lead is. Let's take the example of the tree-service industry as an example.

Let's suppose you rank the site but receive only 10 jobs each year. Tree service jobs can range in price from $500 to $2000.

At most, you should have $500 per month in assets!

It is digital real property. This is a rent payment.

Scaling is easy. No worries:

  • Your upline getting paid before you
  • Encourage your family and friends to purchase from you
  • Every day, recruiting people

Remember Karatbars? After reaching a monthly quota, you only get what you left...

To get huge FLAT RATE DEALS, take the course that we recommend. This passive income is amazing!

This program will assist you to make money online.

Learn about the importance of keywords and website names. You can also send email notifications to your calls. Backlinking is another option.

After completing the training program, you can access a Facebook Group that we think is better than the Karatbars Multilevel Marketing group

Earn 10-20x at Karatbars

Businesses need more leads and jobs. These people see it for what it is.

Similar in concept to Karatbars but with more people able to leave their 9-5 jobs.

Although passive income can be made from digital property, you should spend your time getting to know your friends instead of trying to sell them.

You have many questions.

This site is a great place for beginners.

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