Are you looking for an OPM Wealth review ? Is OPM Wealth a scam?
If you want to make money online, you may have heard of OPM Wealth. Maybe you’ve been invited to join OPM Wealth either through a long-lost distant relative or via social media. But since there are so many scams online, you may wonder if you can trust it or not.
Regardless, before you invest any money into your future, you should make sure the investment platform is a reliable one.
I have a passion to help people explore the best money-making opportunities online, so over the years, I have reviewed hundreds of similar online programs like OPM Wealth.
In the past week, I have done thorough research about the OPM Wealth, so I can tell you everything you need to know about it.
As a disclaimer, I’m not affiliated with OPM Wealth, which means I’m not paid to write this review for OPM Wealth. So you can be sure that my words are unbiased.
In this OPM Wealth review, I’m going to cover the following in this review:
What Is OPM Wealth?
The OPM acronym stands for Other People’s Money. Clearly, the name implies that you pool money from other people or users to earn an income.
OPMWealth is a multi-level marketing pyramid scheme designed to recruit newbies into promoting the same business to others through the use of other people’s money.
They will show you how to get a loan (if you can’t afford the membership fees) and use other people’s money to make money.
OPM is a high-ticket franchise, similar to a cash gifting program, that promises six-figure income within three months. It’s an immense claim and seems unrealistic.
Also, there is no listing of the owner/founder of OPM Wealth. There’s instead a man named Stefan Dessalines who is the face of OPM Wealth. All of OPM’s promotional videos feature him as the company’s main marketer.
At first glance, OPM’s platform appears to be pretty straightforward. As a simple, unpopular MLM business looking to dress up its marketing efforts with cryptocurrency, it pretty much fits the cookie-cutter requirements.
If you watch Stefan’s short video, you can join for free. Once your profile is complete, you will be required to watch three additional intro videos.
To progress through the scheme, you’ll have to schedule a call with a mentor and choose a package.
Because most people can’t afford such an expensive venture, the company even offers some form of credit assurance to help you.
However, I am not sure how pushing people into debt will help them.
As soon as you buy in, you’ll have access to the training and instructions that show you how to recruit others.
There are several packages and a 2 tier compensation plan, which I will explain in detail later in this review of OPM Wealth.
Who is the Creator of OPM Wealth?
Since no information is available, I cannot verify whether Stefan Dessalines is the real owner of OPM Wealth or just a spokesperson.
There is no doubt that Stefan is the man in charge as he appears in almost every video.
Stefan was an actor before this experience. He does not have a marketing background.
I find this to be very concerning. There is no way to trust the person who will ask you to pay enormous sums of money.
If I were considering joining OPM Wealth, I would want to learn more about Stefan, and I would even call him.
I found Stefan’s Facebook group after doing some research.
The strange thing is that Stefan’s group has only 231 members and hasn’t been active since 2017.
This isn’t necessarily the worst thing. He may have grown tired of social media. Even so, I’m not sure he’s the right person to follow.
How Does OPM Wealth Work?
So, as I mentioned earlier in the OPM Wealth review, the scheme is simply a way of borrowing money from banks to fund the system and to recruit others.
It might seem like a scam to some. Others will say it is a good way to earn money online.
Nonetheless, I tend to agree with those who believe that it is a scam that only benefits those who run it.
The procedure is straightforward in any case.
After you purchase the first package, you’ll receive some training that looks like this.
- What Is It?
- How It Works
- How To Get Started
- Digital Franchise
- (OPM) Other Peoples Money
- Great Credit
- The Truth About Money
- Time Management
- Crypto Basics
- Trading Cryptocurrency
- Paradigm Shift
- Power of Systems
- Laws of Life
- Keep More Money
- 7 Steps to Financial Freedom
- 20 Rules of Money
- The Power of Mindset
- Financial Independence Pt/1
- Financial Independence Pt/2
The free videos and a coaching call with a member of the team must be watched before you can access the coaching sessions.
A member of the scheme will be appointed to encourage you to join.
You must take action after completing the training and recruit others to become members of OPM Wealth so you can earn commissions.
In addition, marketing campaigns will continue to incur costs down the road.
What Does OPM Wealth Offer?
OPM Wealth offers a free account that you can sign up for and watch free videos. Then you can join or leave the program.
The following are the packages you can expect down the road if you join.
- Hermes – cost is $2,000
- Apollo – cost is $5,000
- Athena – cost is $8,500
- Poseidon – cost is $14,500
- Zeus – cost is $27,500
They’ve done a great job with the names, too. They’re all Greek Gods.
It is clear that each new package (level) is going to cost more and more money.
You have to purchase each package to earn commissions with OPM Wealth.
When researching MLM companies, I look for a product that offers a real, tangible benefit. This is not the case with OPM Wealth.
Instead, when you join, you will get access to a series of 17-step videos that will show you how to start making money. The titles of these videos are listed below.
- Step 1. Digital Franchise
- Step 2. (OPM) Other Peoples Money
- Step 3. Great Credit
- Step 4. The Truth About Money
- Step 5. Time Management
- Step 6. Crypto Basics
- Step 7. Trading Cryptocurrency
- Step 8. Paradigm Shift
- Step 9. Power of Systems
- Step 10. Compensation
- Step 11. Laws of Life
- Step 12. Keep More Money
- Step 13. 7 Steps to Financial Freedom
- Step 14. 20 Rules of Money
- Step 15. The Power of Mindset
- Step 16. Financial Independence – Part 1
- Step 17. Financial Independence – Part 2
According to the video list above, they don’t offer anything particularly noteworthy.
Can You Make Money With OPM Wealth?
When you recruit someone who follows the same path as you, you earn a commission.
Your commission depends on your level. If you are on a Hermes level, you’ll earn a commission on your referral’s purchase.
Then, if your referral upgrades while you remain at the same level, you won’t earn any commission.
Here is what the OPM Wealth Compensation plan looks like up close.
The compensation plan uses a two-tier system, which means you get paid commissions based on the actions of your referrals and on the actions of their referrals.
- 1st tier commission is 60%
- 2nd tier commission is 10%
As an example, you can earn $1,200 each time a level one referral upgrades to the Hermes package and $200 every time a level two referral does so.
Then, level two referrals will receive $2000 and $500 when they upgrade to the Apollo package.
You earn $5,100 for the first level upgrade and $850 for each level two referral upgrade to the Athena package.
For the first level upgrade, you earn $8,700, and for the second level upgrade, you earn $850.
Finally, you can earn $16,500 for a level one upgrade and $2,750 for a level two upgrade.
You can see now why I consider OPM Wealth a pyramid scheme above all and probably a scam as well, but let’s not rush into it.
This is, by definition, a pyramid scheme since no products are sold or anything else of value is provided.
Consequently, this business model is unsustainable, and it must collapse at some point.
OPM Wealth Pricing
Getting in on all this OPM Wealth goodness is free. By making a free account, you can access introductory videos about OPM, how it works, and how you can get started.
However, you must purchase one of OPM’s wealth packages if you want to earn money.
- Hermes @ $2,000
- Apollo @ $5,000
- Athena @ $8,500
- Poseidon @ $14,500
- Zeus @ $27,500
I think it’s pretty clear that joining OPM isn’t cheap, but making money on your own takes a certain amount of commitment. Stefan described the program as “not for wimps!”
In exchange for your money, what do you get? Through a multilevel marketing compensation plan, you can earn commissions through training courses.
How Much Money Can You Make With OPM Wealth?
Let’s assume you have paid between $2000 and $27500 to join OPM Wealth’s program. Here’s how you can start making your money back.
Every time you recruit a new member through your group, OPM Wealth will pay you.
Take a look at the potential earnings below:
- Hermes gets $1,200 commission on Level 1, $200 on Level 2
- Apollo gets $3,000 commission on Level 1, $500 on Level 2
- Athena gets $5,100 commission on Level 1, $850 on Level 2
- Poseidon gets $8,700 commission on Level 1, $1,450 on Level 2
- Zeus gets $16,500 commission on Level 1, $2,750 on Level 2
Additionally, you should be aware that your commissions are only valid if your direct or indirect recruits purchase the same Wealth Package as you.
In the case of a Hermes Package, if your direct recruit selects Zeus, you will not be rewarded. In order to maximize your earnings, you must buy every package.
You can withdraw your commissions at any time in the form of Bitcoin, Litecoin, or Ethereum.
OPM Wealth Pros
1. High Earning Potential
It is impossible for me to ignore the potential of OPM Wealth. Even at Level 2, the percentages are incredibly high, and the 24-hour payouts in your choice of crypto makes the deal even sweeter.
This is, of course, assuming everything goes smoothly and there are no surprises along the way (which is seldom the case).
If you are skilled at selling to people and are able to recruit a team with real go-getters, this is a great opportunity.
However, any scheme designed like OPM Wealth does not appeal to me. I do not feel comfortable with it.
2. OPM Wealth Offers a Free Account
Freebies always entice me before I hand over my credit card information.
I guess it’s good that OPM Wealth offers a free account for you to get a sense of how it works before forking over $2000.
OPM Wealth Cons and Complaints
1. They won’t teach you how to grow your online business.
The Plutus Plan and the commissions that can be earned by recruiting people are their sole focus.
Furthermore, OPM promised that investors would be available for your business, but this is not true.
2. Worthless Videos
The videos offered by OPM Wealth can all be accessed online once you have purchased a Wealth Package.
Except for Steps 1 and 2, is it worth spending $2,000 on videos that you will watch only once or twice before you’ve gotten the gist? I don’t believe so.
3. No Product Offering
An MLM company must sell products with real value in order to operate legally in the US, even if they are sold at inflated prices.
This rule is not followed by OPM Wealth, which is therefore barred from operating in any state.
4. Recruitment-Only Compensation Plan
You can only earn money by recruiting others to join OPM Wealth. As a result, the company is a pyramid scheme on the verge of Ponzi-ness.
There is no sustainable pyramid/Ponzi scheme, and it’s only a matter of time before money stops flowing and Stefan leaves.
Pyramid schemes, by definition, are business models that recruit members based on a promise of payments or services in exchange for enrolling others in the scheme, rather than selling securities or products.
Due to the fact that pyramid schemes are illegal in most countries in the world, there is also a possibility that it is a scam.
5. OPM Wealth Asks You To Borrow Money
It is never a good idea to borrow money to invest in a pyramid scheme.
The OPM Wealth system is based upon getting a bank loan (other people’s money) so you can invest and the person that got you into it can earn money.
Regardless, I wouldn’t take a $27,000 loan to invest in some random scheme on the internet.
6. An Easy Collapse Of Opm Wealth Is Possible
Pyramid schemes are unsustainable when recruitment multiplies, and most members are unable to profit.
OPM Wealth is ultimately doomed to failure at one point or another.
Now that you know that your money is not safe, would you still consider becoming a member?
Could you imagine wasting $1000’s of dollars and a lot of time on something that is destined to fail?
7. There Are No Testimonials Or Other Proofs Available
Finally, the fact that OPM Wealth lacks any testimonials or other proof that it works for others makes me believe it is a scam.
Nobody has been able to show their results.
It is impossible for me to join something like this.
8. Hidden Expenses
A lot of money must be invested into online ads for this scheme to be successful.
You could lose a lot of money if the training isn’t adequate, and these costs could escalate very quickly.
It is also not disclosed beforehand what these extra charges will be.
Is OPM Wealth a MLM?
OPM Wealth is a high-ticket pyramid scheme
You can make money with high-ticket systems like OPM Wealth. Nevertheless, it is not a good idea.
At first, you’re tricking yourself into joining a pyramid scheme. To recoup your investment, you must recruit others into the pyramid scheme.
It’s true what they say, you need to spend money to make money, but $2000 to join a nonsensical scheme to earn a six-figure income in a year is absurd.
This is a scam in a way, just like FM World and Ascira.
Actually, you should definitely spend some time studying affiliate marketing if you really want to earn some honest scratch on the side.
Affiliate programs allow you to promote other people’s products on your website or blog and earn a share of sales generated through your efforts.
Affiliate marketing is an excellent source of good, clean money, and thousands of people have made it their full-time job.
In addition, you do not have to pay $2,000 to get started with this training program or to start building an affiliate website.
I will tell you more at the end of this OPM Wealth review.
Is OPM Wealth a Scam?
OPM Wealth has many traits of something illegal, so you could call it a scam.
Also, the company is not listed with any third-party screening platforms, such as Better Business Bureau.
All I could find in my research for this review were other reviews like mine that said the same things I did.
You can find some sharings of the horrible experiences of people who fell for the OPM Wealth scam.
So I think OPM Wealth is neither safe nor a good investment.
Several thousand dollars could be borrowed and spent on a scheme that has zero testimonials, is illegal by all standards, and could collapse within a few months.
You’d lose your money, and you’d end up in debt.
OPM Wealth Positive and Negative Feedbacks by Real Users
OPM Wealth Positive Feedbacks
- Earning and increasing your cryptocurrency holdings is possible.
- Educating its members about cryptocurrency through a platform.
- Providing a platform where affiliates can earn cryptocurrency.
- The ability to receive ongoing training and support is a plus.
- There is a phone interviewing process done by company representatives for your prospects, along with follow-ups to help you close your prospects.
OPM Wealth Negative Feedbacks
The following are some of the cons I found with OPM Wealth:
- Compared with other cryptocurrency affiliate programs, the cost to join is high.
- Not many other cons that I can think of at this time.
OPM Wealth Review: Final Verdict
OPM Wealth is a pyramid scheme that recruits people into the program. In order to unlock commission levels, you must upgrade through different packages and recruit others to do the same.
It will take you $50,000+ to be successful with this scheme, and you’ll have to convince other people to invest as well.
Technically, OPM Wealth is not a scam, but it is a pyramid scheme, and pyramid schemes are illegal, so it is the same thing.
I won’t recommend OPM Wealth because this is not the best way to earn money online. If you really want to make passive income online, let me tell you the best alternative later.
The Best Alternative of OPM Wealth To Make Passive Income Online
If you’re beginning your online business journey, you deserve a programme much better than OPM Wealth.
My #1 recommended platform is called Wealthy Affiliate.
Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch.
When you join Wealthy Affiliate, you can get access to the first-class web hosting service, keyword research tools, community support, comprehensive training, writing tools, and other software to help you build an online business step-by-step.
You can register a free account with Wealthy Affiliate, which enables you to get started with affiliate marketing right away without paying a penny.
If you like the platform, you can then upgrade to the premium membership to get access to everything on the platform. There are no upsells afterwards.
But How Much Can You Earn with Wealthy Affiliate?
A 21-year old student from Wealthy Affiliate was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while applying what is taught inside Wealthy Affiliate.
Compared with Authority Hacker, Wealthy Affiliate has a much longer history, which has been established for 15 years and there are many success stories in the past decade. Actually, Wealthy Affiliate has more than a million members so far, so you can see how popular this platform is.
To give you more examples, here are some of the other inspiring success stories of Wealthy Affiliate members.
Where to Join Wealthy Affiliate?
Wealthy Affiliate has a very simple pricing scheme. It has a free and premium membership. The premium membership only costs $49/month or $395/year.
If you want to feel about Wealthy Affiliate, you can sign up for the free starter membership here (no credit card required). You can select to be a free member with no time limit.
And as a starter member, you can get instant access to the community, live chat, over 500 training modules, 2 classrooms, networking, commenting, 1 free website, access to the keyword tool.
You can enjoy all these values without paying a penny.
So I strongly recommend you to register a free account and see it yourself.
OPM Wealth Review FAQs
1. What is the BBB accreditation status of OPM Wealth?
The OPM Wealth system is not accredited by the BBB at this time.
I doubt OPM Wealth system will ever be accredited since it is the marketing platform for Plutus Plan.
Plutus Plan is currently not accredited, either.
2. Is it just commissions that you pass up on or do you also pass up your members?
You only pass up the sale, not the member, if you qualify for that sale as a paid or free member.
3. What is the cost of joining OPM Wealth?
You can join OPM Wealth for free, or become an affiliate for free.
You must pass up 5 sales in order to qualify for commissions (the level you will qualify at is unknown when you join as a free affiliate).
There are currently 5 product levels that you can join. These are:
- Hermes – This product level requires you to pay $2000 to join.
- Apollo – This product level requires you to pay $5000 to join.
- Athena – This product level requires you to pay $8500 to join.
- Poseidon – This product level requires you to pay $14500 to join.
- Zeus – This product level requires you to pay $27500 to join.
- All payments require Bitcoin or another cryptocurrency to join.
4. Are you getting leads from OPM Wealth?
If you join after paying your package level fee, you won’t receive any leads.
Nevertheless, the company offers lead packages starting at $2,500 that you can purchase.
As far as I know, I have no first-hand experience regarding the quality of leads or the conversion rate.