BoldGains International operates without disclosing its owners or management, listing only a Dubai corporate address and a UAE phone number hidden in its website's source code. The company heavily targets Nigeria, which accounts for 91% of its website traffic.
Dubai has become a frequent jurisdiction for multilevel marketing scams. Many companies with questionable business models and little transparency choose this location. BoldGains International shows no exception to this trend.
The company offers no genuinely retailable products or services. Its website mentions "folic acid drops with mango & goji berries" but provides no pricing. The online store remains empty. Physical products, described as nutritional supplements and personal care items of unknown origin, appear to be bundled with affiliate memberships.
Affiliates join BoldGains International by paying a membership fee. These fees range from $30 for the "Discovery" tier up to $2,400 for the "Diamond" tier. Commissions are then paid based on recruiting new members who also pay these fees.
BoldGains International features eleven affiliate ranks. Advancing through these ranks requires accumulating substantial commissions. For instance, reaching "Bold Leader" requires earning $5,000 in accumulated commissions, while the highest rank, "Legendary Global Bold Elite," demands $2,000,000 in earnings.
Affiliates are promised a $1 daily return on investment. This daily return continues until the affiliate has recouped 100% of their initial membership fee. However, the accumulated daily return balance can only be used to purchase additional affiliate package positions within BoldGains International.
Direct recruitment commissions are also offered. The commission rate depends on the membership fees paid by both the recruiter and the recruited affiliate. Discovery tier affiliates, for example, earn $5.75 on each new recruit.