OPM Wealth Review 2024 – Is It a SCAM or Legit?

In my years as an investigative internet marketer, I‘ve seen all kinds of programs promising easy money online. But few raised as many red flags for me as OPM Wealth.

As we‘ll explore in detail below, OPM Wealth exhibits many signs of being a scam at worst, or an overpriced multi-level marketing scheme with little long-term viability at best. I would caution all readers to thoroughly research any online money-making opportunity before investing time or money.

What is OPM Wealth?

OPM Wealth markets itself as a way for you to "get paid using other people‘s money" through crypto and financial education packages. However, here are the concerning realities behind the program:

• Created by Stefan Dessalines, an actor with no documented business qualifications
• Operates as a high-ticket multi-level marketing scheme
• To earn money, you must recruit new members to purchase the same packages
• Packages range from $2,000 – $27,500
• The only commissions are earned by recruiting others

This system functions as a pyramid scheme in virtually every sense. According to recent FTC data, 99% of participants in recruiting-focused MLMs lose money over the long run.

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Rather than high-priced recruitment schemes, those looking for online business training are better served through highly-rated courses focused on providing legitimate value and skills.

Who Is the Founder of OPM Wealth?

OPM Wealth was created by Stefan Dessalines, a former actor with no documented education or experience in online business prior to starting the program.

Very little verifiable information exists about Stefan online:

• No confirmed business background or qualifications
• His personal Facebook group has only 231 followers, inactive since 2017
• He does not appear to have any public presence as a marketer outside of OPM Wealth

These factors raise skepticism about Stefan‘s credibility and capabilities as a so-called marketing expert and coach.

How Does OPM Wealth Work?

The step-by-step model of OPM Wealth operates as follows:

1. Sign Up: Provide contact info for free intro videos
2. Complete Profile: Enter payment info even as a "free member"
3. Watch Videos: View 3 follow-up videos asking you to upgrade
4. Schedule Call: Speak to a "coach" who pushes paid packages
5. Buy Package: Purchase a membership from $2k – $27.5k
6. Recruit Others: Use provided marketing training to recruit new buyers
7. Earn Commissions: Get paid when recruits purchase packages
8. Withdraw Commissions: Supposedly into crypto wallets

This recruitment-focused framework serves only to extract payments from participants in order to fund commissions higher up the pyramid chain. According to the FTC, such schemes inevitably collapse when new recruits become sparse.

What Does OPM Wealth Offer?

For membership fees from $2,000 to $27,500, OPM Wealth provides access to various training videos on topics including:

• Cryptocurrency basics
• Mindset principles
• Goal setting
• OPM Wealth compensation plan
• Instructions for recruiting new members

Based on reviews, these videos appear to provide very generic, readily available information. The training focuses overwhelmingly on recruitment tactics rather than providing meaningful education, practical business skills, or usable software tools.

For the exorbitant membership costs, the quality and utility of the training content seems highly questionable. The packages appear to hold little legitimate value.

Earning Potential With OPM Wealth

While it is possible to earn short-term income by recruiting new participants, data shows limited long-term profitability potential.

A 2020 FTC study on multi-level marketing showed:

• 99% of participants lost money when accounting for expenses
• Top 1% of promoters averaged income of only $34k/year
• Bottom 80% of promoters averaged net losses of over $2,000/year

Due to market saturation and the finite pool of prospects, most participants are unable to recoup their initial investment once their warm referral network is exhausted.

OPM Wealth Compensation Plan

OPM Wealth uses a binary compensation plan with members earning commissions on two tiers:

• Tier 1: 60% commission on direct recruits
• Tier 2: 10% commission on indirect recruits

Package Total Commissions
Basic ($2k) $32,000
Bronze ($7.5k) $120,000
Silver ($15k) $240,000
Gold ($22.5k) $360,000
Platinum ($27.5k) $440,000

Higher earning potentials require purchasing increasingly expensive packages and recruiting large downlines. Most members are unable to sustain this, hence median annual earnings of just a few hundred dollars.

Pros and Cons of OPM Wealth

Pros

• Free introductory videos provide some basic training
• Offers payment plans for membership fees

Cons

• Founder lacks credibility and qualifications
• No verification of member testimonials or income claims
• Business model focuses solely on recruitment
• Provides little practical training or long-term value
• High fees up to $27,500 pose a substantial barrier to entry
• Pyramid-structured commissions are rarely sustainable long-term

Is OPM Wealth a Pyramid Scheme?

OPM Wealth is structured as a pyramid scheme according to common definitions:

• Pay to join at escalating price points
• Commissions based on direct/indirect recruitment
• No viable retail products or services offered
• Rewards expanding the recruitment network over sales

Pyramid schemes like OPM Wealth inevitably collapse when the pool of new prospects runs out and the model becomes unsustainable.

Is OPM Wealth a Scam?

In my opinion as an investigative internet marketer, OPM Wealth functions as a scam designed to reap money rather than provide value:

• Uses sketchy recruiting tactics like fake scarcity and endless upsells
• Makes exaggerated income claims with no data or transparency
• Leverages opaque company structure with little accountability
• Targets vulnerable demographics with feel-good messaging
• Founder has no documented credentials or qualifications
• Avoids regulatory scrutiny and oversight

Too many signs point to OPM Wealth being a front to extract money from consumers rather than a legitimate business opportunity.

Frequently Asked Questions

Is OPM Wealth legit?

No. In my research, OPM Wealth is a scam that provides little real value in exchange for substantial membership costs. It also utilizes various misleading and high-pressure recruiting tactics.

Is OPM Wealth a scam?

Yes. OPM Wealth exhibits multiple clear markers of being a scam designed to funnel money upstream. There are too many red flags to consider it a legitimate program.

Is OPM Wealth an illegal pyramid scheme?

Yes. OPM Wealth is structured as an unlawful pyramid scheme requiring payments for participation and earning solely through recruitment of other fee-paying members.

Is OPM Wealth an MLM program?

Yes. OPM Wealth uses an MLM model focused overwhelmingly on expanding the recruitment hierarchy rather than selling valued products to retail customers. This approach typically leads to unsustainable business practices.

The Verdict: Steer Clear of OPM Wealth

In summary, too many warning signs suggest OPM Wealth is a pyramid scheme scam rather than a legitimate business opportunity.

• Uses high-pressure sales tactics and exaggerated claims
• Founder raises credibility concerns
• Business model will predictably collapse over time
• Minimal value provided relative to huge membership costs

I would strongly advise readers to avoid participation in OPM Wealth. You are far better off developing skills through reputable training programs, or exploring viable income streams online that provide true value, not empty promises.