Exitus Elite has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to At Cost Metals. We’ve received over 4 complaints against Exitus Elite.
Exitus Elite, supposedly owned by Paul Stevenson, is a multi-level marketing (MLM) gifting system that offers multiple tiers with increasing fees. Stevenson’s career includes questionable companies such as Prosperity Cash Machine and several rebrandings of Exitus Elite. Lack of regulation raises red flags, leaving victims with no recourse. The compensation model is built on a pyramid structure, with members earning only on the tiers they directly purchased. Exitus Elite’s history, traffic volatility, and reliance on a gifting model point to a potential scam. The lack of regulation and oversight jeopardizes participants’ assets. Always look into a company’s validity, leadership transparency, and regulatory status.
Get Your Money Back From These Scammers!
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Key Takeaways
Is Exitus Elite Regulated? Do They Have a License?
According to the official Exitus Elite website, Paul Stevenson is the proprietor. According to his Facebook profile, Stevenson is from Brighton, UK, and is expected to handle Exitus Elite operations from here.
Based on his company biography on the Exitus Elite website, Paul Stevenson has over 25 years of experience in sales and home-based businesses, establishing himself as an expert in the field of online revenue production. After working in both corporate and distributor/affiliate jobs, Stevenson turned his focus to “High Ticket” companies, motivated by a desire for great financial success.
Stevenson created Exitus in 2014, while living in Florida, and positioned it as a dynamic online potential for high income. However, it’s worth noting that the Exitus Elite website domain was registered on February 26th, contradicting the claim that the company was founded in 2014. This disparity is explained by the fact that Exitus Elite began as Exitus Network, a cash gifting program ranging from $500 to $12,000. Currently, Exitus Network redirects to “exituslifestyle.com,” which only has an affiliate login form.
Prior to starting Exitus Network, Stevenson co-owned Prosperity Cash Machine, a site where affiliates paid $175 for matrix jobs and earned commissions through recruitment. Following the apparent failure of Exitus Network in 2014, Stevenson renamed it Exitus Elite.
Exitus Elite collapsed in 2017, prompting Stevenson to launch Exitus 500. However, this enterprise was short-lived, leading to a subsequent rebranding as Exitus Elite 2018. The details of this renaming are unclear, but Stevenson eventually reverted to Exitus 500, which looks to be defunct. The most recent reversion appears to be to Exitus Elite, which might be Stevenson’s sixth attempt to resurrect and sustain the venture, providing the current iteration is maintained.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Exitus Elite is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Exitus Elite, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Trading Conditions and Deposit/Withdrawal Methods at Exitus Elite
Exitus Elite uses a five-tier gifting model as the cornerstone of its compensation plan:
1. G100 ($100)
2. G250 ($250)
3. G500 ($500)
4. G1000 ($1000)
5. G2000 ($2000)
Affiliates use a 1-up gifting model, in which they pass up their first gifting payment on each tier to their upline. These giving payments are made possible by directly recruited Exitus Elite affiliates. The MLM component combines the 1-up pass-up paradigm with a “pay to play” structure.
Notably, affiliates can only receive compensation for the highest tier they personally purchased. For example, if an affiliate is in the G500 tier, they can only earn up to $500 for each gifting payment made by their recruits. The remaining money is subsequently passed on to the first-tier qualifying affiliate in their upline.
Here’s an example to clarify the process:
Exitus Elite supports fractional gifting payments, allowing affiliates to move up tiers by making partial contributions. For example, a G250 affiliate can upgrade to G1000 by paying the $750 difference, with the reduced gifting payment based on the 1-up model and the necessary upline tier qualification.
To become an Exitus Elite affiliate, individuals must pay an administrative charge as well as a gifting payment. The platform offers five gifting tiers, each with particular fees:
- G100: $49 admin fee and $100 gifting payment.
- G250: $99 admin charge and $250 gifting payment.
- G500: $199 admin fee and $500 gifting payment.
- G1000: $299 admin fee and $1000 giving payment.
- G2000: $399 admin fee and $2000 gifting payment.
Upon enrolling, affiliates select their chosen tier, which determines their eligibility for gifting payments under the Exitus Elite compensation plan.
Exitus Elite’s illicit gifting system continues, with its intrinsically exploitative “pay to play” framework. The possibility to bypass many affiliates and climb to more lucrative levels emphasizes the pyramid-like nature of the operation.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
Exitus Elite Customer Service: Do They Handle Complaints Well?
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.
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Exitus Elite Reviews: What Do Others Say?
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like Exitus Elite tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust Exitus Elite reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of Exitus Elite, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Exitus Elite enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Exitus Elite reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Exitus Elite.
You should always look out for consumer complaints. In the case of Exitus Elite, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees and charges
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about Exitus Elite? You can share your complaint in the comment section or submit an anonymous tip.
Is Exitus Elite Legit Or Scam?
The presence of numerous digital products combined with giving payments, such as ebooks, audio interviews, and video courses, has no effect on the business model’s essentially illegal nature. The primary issue is Exitus Elite’s designation as an MLM gifting program, which is destined to operate as a pyramid scheme.
As the recruiting stream dries up, so will the gifting payouts, which is a usual fate for all MLM gifting plans. The primary benefactors of such models are consistently the top recruiters and administration, as demonstrated by Paul Stevenson, who not only receives gifting money through administrative positions but also gains from admin fees on every tier payment made by Exitus Elite affiliates.
SimilarWeb’s analysis of Exitus Elite’s internet presence revealed a relatively low amount of website visitors in September 2023. The ensuing big surge in traffic in October, most likely due to spamming operations, drew additional attention and examination.
However, by November 2023, the website had witnessed a 30% drop in traffic, indicating probable instability. While the exact trajectory in December remains unknown, the long history of a gifting system as entrenched as Exitus Elite makes its rebirth unlikely.
Crucially, the underlying arithmetic of MLM gifting schemes ensures that the majority of participants would suffer financial losses, exacerbating the inherent hazards of such undertakings.
Exitus Elite is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Exitus Elite can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust Exitus Elite?
All the evidence suggests that Exitus Elite is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Frequently Asked Questions
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How The Exitus Elite Online Scam Works
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