Cancri Jewelry is an international chain of jewellery stores with claims of a headquarters in Istanbul, turkey. The company claims to have thousands of users from different countries in the world like Spain, Russia, Belarus, Ukraine, Bulgaria, Georgia, Germany, turkey, etc, who earn bonuses on jewellery (diamond) purchases.
Top customers at Cancri Jewelry earn through the bonus when they purchase gift cards (6%), gold (3.5%) and diamonds (5%) from them. On the website it goes thus:
“by purchasing jewellery from Cancri Jewelry, you automatically become a project partner and recaive 312% reward for every purchase you make throught the year. Moreover, you keep the jewelry!”
Also, clients can also earn passive income through the unilevel affiliate system. The Cancri Jewelry affiliate system enables clients to earn on the recruitment of new affiliates and from the investments of such affiliates.
To start earning cashback on jewellery purchases and the affiliate system on Cancri Jewelry, one must register as a user. Registered users can either earn from investments (up to 312% depending on the amount invested), or without investments through the affiliate compensation program.
Cancri Jewelry Registration Procedures
Earning from shopping is an exciting thing! Cancri Jewelry presents an opportunity for jewellery lovers to get double the value of their money while still keeping the jewellery.
To become a partner and get the different bonuses available on Cancri Jewelry, you only need to register and make a purchase of up to €100. As a partner, you can invite your friends to purchase from the company and earn 5-20% on all their purchases.
At this point, if you want to partner with Cancri Jewelry, follow the steps below to register:
- First of all, visit the Cancri Jewelry official website;
- Secondly, click on anywhere on the homepage to take you to the registration page;
- Alternatively, you can scroll down to the bottom and click on Register;
- Afterwards, fill out the registration form with mobile number/email address and names;
- Similarly, generate a password and renter the password in the following field for confirmation;
- Nevertheless, leave the last field which contains a 6-digit code untouched;
- Finally, tick the little box below and click on confirm to create your account.
How you earn as a customer and through the affiliate system depends on the amount you invest and your affiliate rank respectively. See the Cancri Jewelry review below for more details.
Cancri Jewelry Review
Before investing in this company, it is advisable to look deep into what this company offers, the Genuity of these offers and the substantial background to back it. Sequel to this, we shall look at the ownership and registration of this company, partnership bonuses and affiliate commissions.
Ownership and Registration
The company was created in early march 2020. Up till now, it provides no information about its owner on its website. From research, we found Mr Jim Kramer to be the company’s top manager, but that does not link him to being the founder/founder of Cancri Jewelry.
Also, the company does not appear to be registered with the Turkish SEC nor does it provide any registration document on its website.
Furthermore, the company’s present domain (cancrijewelry.diamonds) was privately registered on 23rd December 2021. However, it was initially registered as ‘cancri.jewelry’ on 22nd December 2021.
In addition, the central bank of Russia issued a warning labelling Cancri Jewelry as a financial pyramid on 17th November 2021.
Partnership Investment and Bonuses
Cancri Jewelry customers who earn on the purchase of jewellery are known as partners. These partners earn from investments which are labelled as purchases in the company.
Similarly, the bonus on investments varies with the price invested. These investment plans and the bonus that follows are as follows:
- invest €100 EUR and receive 3.5% a week for 364 days (182%)
- invest €900 EUR and receive 5% a week for 364 days (260%)
- invest €2700 EUR and receive 5.5% a week for 364 days (260%)
- invest €8100 EUR and receive 6% a week for 364 days (312%)
Affiliate System and Commissions
this is the MLM side of this company. Through the unilevel affiliate system which the company operates with, partners earn on recruitment of new affiliates and also from the investments of downlines. However, affiliate commissions depend on the affiliate rank.
There are 16 affiliate ranks available on Cancri Jewelry. Each of these ranks has its requirement. Similarly, referral/affiliate commissions differ for each affiliate rank (increases from the lowest affiliate rank to the highest). see the table below for more details on the affiliate ranks and commission per rank.
|Affiliate rank||Qualification criteria||Referral commission rate|
|Beginner||generate €100 EUR in downline investment||5%|
|Manager||generate €300 EUR in downline investment||6%|
|Senior manager||generate €1000 EUR in downline investment||7%|
|Golden manager||generate €3000 EUR in downline investment||8%|
|Diamond manager||generate €10,000 EUR in downline investment||9%|
|Mentor||generate €20,000 EUR in downline investment||10%|
|Senior mentor||generate €50,000 EUR in downline investment||11%|
|Golden mentor||generate €100,000 EUR in downline investment||12%|
|Diamond mentor||generate €250,000 EUR in downline investment||13%|
|Master||generate €500,000 in downline investment||14%|
|Senior master||generate €1,000,000 in downline investment||15%|
|Golden master||generate €2,000,000 in downline investment||16%|
|Diamond master||generate €3,000,000 in downline investment||17%|
|Managing director||generate €10,000,000 in downline investment||18%|
|Golden managing director||generate €25,000,000 in downline investment||19%|
|Diamond managing director||generate €50,000,000 in downline investment||20%|
Is Cancri Jewelry legit?
No, Cancri Jewelry claims that its physical company is located in Istanbul, Turkey, where all its operations and adverts can be traced down to Ukraine and Russia. Besides, reviews from previous investors say that the company does not pay at the end of the investment period.
Is Cancri Jewelry a scam?
We cannot say for sure if it is a scam or not. In as much as the company claims to be paying, we have only received reviews from people who claimed not to have been paid. Besides their primary website is still active despite the decline in views. In summary, it is a potential Ponzi scheme.
What can I do if I already invested in Cancri Jewelry?
If you have invested in this company before realizing that it is not legit, the least you can do is to avoid further investments and share your experience to sensitize others. The company does not appear to be registered with any financial regulator, and thus cannot be sued.
How can I make money online?
You can make money online legitly through various means. These include freelancing, content creation, blogging, surveys, Remotasks and many more.
For more information, visit our website at www.strousam.com.