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Robert F.

UK

Contributor Level

Total Points
87

1 Review by Robert

  • Onpassive

9/28/23

Onpassive has been 'trying' to launch its so called software products for over 5 years whilst raking in investment money from its gullible 'founders', fuelled by empty promises of a passive income for life by the cult-like senior founders who are in on the scam. The company is being sued for $108m by the US Securities Commission for being a Pyramid scheme, fraud and faking reviews.
(Go to https://www.sec.gov/ and then search for Onpassive for the full story).
They have just launched their first paid product O-Connect (no doubt accelerated by the SEC investigation so they can 'prove' they're not a Pyramid scheme). It's a video conferencing platform like Zoom, but paid for on a monthly basis (Zoom has a free option). The Onpassive business model is to coerce the original 800,000 founders to keep paying monthly for the product in order to resell it to new users (within a pyramid structure) for a percentage commission, which is paid back in credits to buy further subscriptions but not necessarily available to monetise.
O-Connect is accessible from the Onpassive 'web back office' or 'eco-system' which also offers a free email client, url trimmer, social media forum and a further paid for product O-Tracker which can be used to see geographic data about visitors to a website (if you have one). The company claims it makes use of AI in these products but in reality they are talking about features that are old hat which have been around for years in similar products (eg speech to text, delaying sending emails). Onpassive claims to have extensive offices in the Burj Khalifa in Dubai (although visitors are discouraged to visit these - I wonder why) and has spent some of its financial gains on elaborate marketing, such as light shows on buildings, promoting the Onpassive brand. Onpassive hosts huge numbers of 'webinars' (using Zoom, not its own platform O-Connect - again I wonder why) where its senior founders and company leader Ash Mufareh appear for up to 4 or 5 hours a time, promising huge rewards for new investors and junior founders if they part with more money. They have so called IT and financial people on there, but in essence they spread absolute nonsense about how wonderful the products are (usually with outrageous claims that aren't even mathematically possible). They often compare their company CEO to a Messiah who only wants to save humanity (they never say how) and is looking after the lesser founders because he has a good heart. The webinars are actually funny to watch but equally sad and scary because so many people are being duped by this. The recently launched products themselves are pretty terrible. O-Connect buffers like mad and freezes when it's used for web conferences and the company constantly reverts back to Zoom for its own webinars (not a great advert for your own flagship product!). The whole Onpassive back office (eco system) is pretty flakey, constantly freezing, launches multiple tabs in browsers, doesn't launch its own products properly and often crashes the mobile apps. Most major banks in the US and UK have blocked payments to Onpassive warning that it's a scam, but founders are being encouraged to pay by alternative methods like Bitcoin or charge cards.
In summing up Onpassive, it started off as a Ponzi scheme and over 5 years has progressed to Pyramid scheme, poor IT company (that's being generous), MLM scheme and bizarre cult that is saving humanity. It's now largely targeting vulnerable and poorer people in Asia and India.

Products used:
O Connect

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