Scams, Schemes, and In-Betweens

Helping Hearts International

I have been jumping out of my seat waiting to talk to you about this group. After reading a thread on Reddit, I looked them up on YouTube as suggested, and woah, mamma, I was a bit taken aback. I was initially unsure what to think, but as my spawn said when I was researching this group and listening to one of their videos, “This sounds like an MLM“.  I raised them right!

For legal purposes, this is an attempt to educate the public on this program, any opinions formed and posted here or on the YouTube channel are my opinion and should be treated as such. For transparency and your research I have linked their website and YouTube channel in the post with the caveat buyer beware.

What is Helping Hearts International?

This is an interesting question, technically it is a dissolved organization in the UK and a 501c3 non-profit based out of California in the USA. According to uk.gov the organization based there was dissolved in 2019. There is also Helping Hearts which operates in California and Nevada. Both of these organizations provide services to those in need and I urge you to check out their websites before continuing. Helpinghearts.us & Helping-hearts.org

We are not talking about any of those legitimate organizations today, no my friends we are talking about Helping Hearts International which is all over YouTube and has a .biz website. I also found another website that encourages the user to download Telegram to keep up to date with the groups’ plans and launches. These are the first of many glaring red flags.

Donating in Crypto

The group claims to have 4 different missions to help serve those in poverty. Rather than explaining them all to you, I am focusing on the fishy part. Getting people excited about how a product or service is going to “help” before talking about money is a very common tactic used in sales. I would much rather do the opposite and talk to you about the cold hard cash. As the saying goes “Money talks, bullshit walks”.

There are 4 phases to their compensation plan, and each phase has 2 phases of its own. You begin this arduous journey with a $10 donation, that you turn into cryptocurrency. The red flag here: Crypto is highly unregulated and the legalities surrounding them are hazy. Legalese is not my forte, so proceed with extreme caution and know your local laws inside and out before embarking on this adventure.

The second red flag here: this group is not a 501c3 non-profit in the USA, nor are they registered in the UK. No other countries came up in my search but it is not likely they are a registered non-profit in any country. In the USA, since they are not a registered charity, this donation is not tax deductible. Please check whatever governing organizations you have in your area. Better to be safe than sorry!

The road is paved with gold, but first, check my math

As you begin this trek through blockchain, you have 39 people behind you in line. If each person is “donating” $10, the total should be $390. Of that $390 you get $92. The videos explain this as subtracting $20 as your entry ticket into the next phase and then subtracting another $80 for distribution to charities and giving people “free” entry into the program, according to my math skills that still leaves another $198 unaccounted for. While yes, you “earned” $82 (after your initial investment of $10) in the first go around, the lack of transparency here is a big old red flag.

In the second phase of the first phase you “earn” $128. This is after your entry ticket of $250 into the next phase named “Wealth Creator 1” and $128 into the distribution fund. There is $402 unaccounted for. We can assume that the unaccounted-for money is going back into admin fees, but we are smarter than that, we know never to assume anything because it makes an ass out of you and an ass out of me.

♦ At the end of the first junction you have earned $210, $208 has gone into the distribution fund and $600 is unaccounted for ♦

Record Scratch…Where are these “earnings” coming from? The 39 people right behind you, and the people behind them, and on and on and on. But let’s check out “Wealth Creator 1” Maybe it isn’t all bad right?

The Money Spinner

Wealth Creator 1 is dubbed as their “money spinner” because you get another ticket back into this phase, it is unclear how many times you go through this or any of the phases. In phase 2 you get another ticket into phase 1 and an extra 10 positions back at the beginning of the blockchain road to hell. In each phase beyond Wealth Creator 1, you get 10 more positions back at the start. You get positions back at each phase going forth. This must be where those “free positions” are going, and not to people who cannot afford the $10 like they are claiming.

In Wealth Creator 2, you start to receive shares as well. As it is unclear how many times you get free positions in this game of chase money, I can only estimate that each position you got in the program yields you 202,500 in shares. For a company that is not a 501c3, or incorporated anywhere, or on the stock market, or what?! Someone please, a financial advisor I need you here! Please weigh in and make this make sense.

Moving on from my brain explosion crisis, my limited math skills brought me to a figure of $229,630 “earned“, $646,762 for the distribution fund, $755,840 for causes and projects, and a whopping $2,808,918 unaccounted for. Yes, that is almost $3 million. The unaccounted-for category makes up a chunk of these numbers, are we seeing why transparency is important?

Is Helping Hearts International legit?

Nope. This business is the legal definition of a Ponzi scheme in the US.  According to investor.gov, a Ponzi scheme is defined as:

A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors. Ponzi schemes are named after Charles Ponzi. In the 1920s, Ponzi promised investors a 50% return within a few months for what he claimed was an investment in international mail coupons. Ponzi used funds from new investors to pay fake “returns” to earlier investors.

Ponzi scheme organizers often promise high returns with little or no risk. Instead, they use money from new investors to pay earlier investors and may steal some of the money for themselves.

With little or no legitimate earnings, Ponzi schemes require a constant flow of new money to survive. When it becomes hard to recruit new investors, or when large numbers of existing investors cash out, these schemes tend to collapse.”

Adding Fuel to the Fire

Helping Hearts International is in pre-launch and according to their YouTube videos, they stopped bringing new people on board at 25k positions. Positions do not mean individuals, it means there are 25k placements in this program occupied. While they claim this is because they are making sure that everything is working on the tech side, I suspect this is more to create FOMO (Fear of Missing Out) since they are uploading multiple videos explaining the program and urging everyone to be ready. Launch is coming soon, it’s been “soon” since the beginning of 2024, from my understanding.

The program is all automated, it is unclear how many humans are moderating things in the backend. Tech is also not my forte, but according to my kids who are studying IT in college (Programming and Security respectively), and one of my closest friends who is a professional hacker, things break, easily.

I did manage to find the registration link however, thank you Google, and you must upload your ID before you can look around, Red Flag number 550,00.

I don’t know about you, but giving away my personal information before I know what I am getting myself into is a bit shady to me. I also downloaded and read through the TOS on the site. I have uploaded it here if you are interested.

Finally, remember we are dealing with cryptocurrency. It is very hard to track anything crypto, and many of us do not understand it very well. To their credit, Helping Hearts International does claim that they are building training programs on how to use crypto and such but as we have already figured out they are going to lead us down that golden paved road straight to hell.

Frankly, I wouldn’t trust this program as far as I can spit. What about you?

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