what is Karatbars International?

What is Karatbars International? A “GOLDEN” Scam in Disguise?

“What is Karatbars International?”

“Is it a good business opportunity or totally a SCAM?”

These might be the doubts that you have on Karatbars International – An MLM company that sells gold bullions. And you’re looking for the answers to these questions, am I right?

Hey, this is Zac here, the owner of Life Goal Finisher. No matter what reason that brings you here, I must thank you for clicking this page and read my review on the company.

That’s the exact way to avoid potential scams, and find a legit way to make money online, too.

Rest assured, I’m not associated with Karatbars International (and I never will). So I won’t pitch or sell you any of their products.

But, if you’re already joined their program. Then, I think you’ll need to read this review until the end and consider whether you should continue their service or quit ASAP.

Without further ado, let’s get started!

Table of Contents

Product Overview

Logo of Karatbars International

Product Name: Karatbars International

What’s It About: Golden Bullions MLM Company

Joining Fees: Free

Owner/Founder: Harald Seiz

Website:  https://www.karatbars.com/en/

Summary:  Let me be frank with you, I think Karatbars International is a potential scam because of one reason. And that is: Many countries have issued fraud warnings against Karatbars International, which is a big deal in the world of finance. In my opinion, it’s just a short-term wealth, and there’s a big risk for you to lose everything overnight. Hence, I wouldn’t recommend this business opportunity to anyone.

Overall SCAM Rating: 90/100 (Very Suspicious!)

Recommended: No.

The Better Option: Learn how to make money online for FREE and turn your passion into profits. Click the button below to uncover my top recommended training.

What is Karatbars International?

Based in Stuttgart, Germany, Karatbars International is an MLM company that specializes in the gold mining and metals industry.

Harald Seiz founded this company in 2011. Throughout the 9 years in the business, they’ve expanded their business to more than 194 countries across the world.

Besides offering gold and gift items in gold bullion, they also provide MLM business opportunity for people who want to make money by trading their products.

About the Founder

Harals Seiz

There isn’t much information about Harald Seiz (the founder of the company) available on the internet.

From the information that I’ve collected, all I know is Harald Seiz has been working in the financial industry in the 80s.

In the mid-90s, he made a remarkable achievement in bringing 60 million in sales for a company.

He was involved in real estate, insurance, and finance in his past career before moving into the precious metals industry in 2008.

He then has an idea to offer people a bar of gold in small units. So he founded Karatbars International in 2011 and MLM is the foundation of his business.

Karatbars International Product Line

Karatbars’ Products

Karatbars International offers retail gold bullions of purity of 24 ct or 999.9 pure gold Atakulche bars.

These gold bullions only weighted between 1 gram to 5 grams. They’re so small that and sealed into a plastic card that looks like a credit card to avoid you from losing them.

Harald Seiz made Karatbars an easy and affordable platform for people to invest in gold as you don’t need to be rolling in fat stacks to invest in gold.

You can shop for their retail gold here.

How To Join Karatbars International And Make Money?

And here comes the most exciting part: How do you make money with Karatbars International?

As you might know, most MLM programs and the compensation plans are sophisticated.

To keep things simple and easy-to-understand, I’ll give you a brief step-by-step explanation to show you the process of how you can join Karatbars International and make an income out of it.

Step 1: The Joining Fee

Unlike other typical MLM companies, Karatbars International’s membership is free.

That means you don’t need to purchase any starter package to join their MLM program.

Step 2: Make Money!

I don’t know why they make their 24-pages long compensation plan so complicated, and the content is on the same foot as solving a Rubik’s cube blindfolded.

That put me in a hard time in research before I can document it into words for your reference.

Hence, I will not go into every detail of their compensation plan because that’ll definitely overwhelm you, and “put you to sleep faster than a sloth on Ambien.”

To keep things simple for your better understanding, I’ll only briefly explain the main ways you can make money with the company.

Overall, there’re 6 main ways you can make an income out of Karatbars International.

  1. Recruitment Commission

You’ll get a commission up to $400 when you sell a product package that ranges from $135 to $2,000 to a new member you recruited.

 

  1. Unilevel Commission

Once you built up a reliable downline team, each time they spent money on buying the gold bullions, you’ll get paid with Unilevel commissions.

Here’s how your downline team looks like (unilevel structure):

Unilevel Compensation Structure

The lowest rate that you can make at unilevel commission is 0.5%, and the highest being 5.5% commission.

 

  1. Binary Commission

Binary commissions in Karatbars are offered to a member based on the generation of “units”. 

And “units” are generated when a member’s downline team spends money within the company.

From my standpoint, it seems like they ‘re just switching the unilevel compensation structure to binary comepensation structure to payout this commission.

Here’s how your downline team looks like (binary structure):

Binary Compensation Structure
  1. Worldwide Turnover Bonus

I’m not too sure what’s this commission about as they don’t explain it in great detail in their compensation plan.

My guess is it might be some sort of percentage bonus pool, composed of 95 cents of every gram of gold Karatbars sells.

 

  1. Karatbars Pool

The Karatbars Pool is 1% of Karatbars International’s lump-sum gold purchase.

To qualify for the Karatbars Pool, the member needs to build three unilevel legs that have generated at least 9000 points each.

The points on these three legs are then divided by 1000, which provides the number of shares in the Karatbars Pool that the member may qualify for.

 

  1. Karatbars Incentives

You can earn “points” when you sell grams of gold within your downline. 

Once you accumulated a certain amount of “points”, you can use them to redeem the Karatbars incentives like gold iPhone, trip to Dubai, luxury villa etc.

 

I have tried my very best to summarize everything for you and explain the highlights of their compensation plan in plain language.

If you wish to know more about their MLM program, I’ve found a short video that explained it in great detail. Feel free to check it out👇

Are you tired of MLM & Internet Scams? Why not learn to start your own business instead?

This is a FREE training. No credit card info needed.

The Reason Why I Don't Recommend Karatbars International

Scam Warning From Other Countries

As the title tells, the reason is very straightforward, yet it’s strong enough for me to advise you to stay away from Karatbars International.

Karatbars has been issued a scam warning by several regulatory bodies from countries around the globe.

They included:

Now my question to you is: Are you going to trust a company with so many scam alerts? I doubt it.

The warnings maybe a few years old, but it does make you wonder about their business operations. 

What Do I Like About Karatbars International?

Quite frankly, unlike the other MLM giant like Purium and Color Street. I don’t think there’s something great worth mentioning for this company.

So, Is Karatbars International a Scam?

I can’t make a definite judgment to claim that Karatbars International is a scam, but it doesn’t mean that it’s legitimate either.

The fraud warnings from other countries are evidence. It’s more than enough reason for you to think twice before joining them because these regulatory bodies suspected their activities to be illegal and unregulated, which is a big red flag in the world of finance.

But if you are entering into this sector for reaping the maximum benefits, then there’re a lot of other better and safer options out there.

You should always do some planning and calculation in advance to see if that business opportunity is worth your time and money or not.

You Deserve A Better Opportunity

Kudos to you! You’ve just read 1500+ words and still counting. If you make it this far, I commend your commitment.

Meanwhile, I can also feel how serious you’re when it comes to finding a proper way to make money from home.

As you might know, MLM is a flawed business model.

For sure, there’re still people who make a good amount of money with MLM. But it often represents a tiny group of people who joined the program early.

That said, it’s challenging for people who’re BOPs (bottom-of-pyramid) to make some serious dough because they’re running out of people to “recruit”.

MLM Unilevel Compensation Structure

Instead, Affiliate Marketing is my top recommended business model for anyone to make money from home.

The reason is simple…

Advantage 1: No Recruitment Needed

  • You don’t need to “chase” after people and talk them into MLM opportunity where most people lose money.

Advantage 2: Freedom of Choice

  • You can promote any products you love and not be restricted only to promote the products from one MLM company.

Advantage 3: Low Startup Cost

  • Unlike MLM, where you’ll need to pay a pricy introductory fee to join, it takes little to no startup cost to kickstart your entrepreneurial journey in Affiliate Marketing.

You might think I’m biased, but I’m just telling the truths…

If you are sick and tired of MLM and “Biz Opp” Scams, click the “Learn More” button to discover my top recommended learning platform that can help you turn your passion into profits with Affiliate Marketing!

No BS Affiliate Marketing Training That Guides Me To Earn My First $1000 Online

Free To Get Started. No Commitment, No Risk, and No Credit Card Required

Zac Phua

Zac Phua

Phua is an internet business enthusiast who loves to talk about online business ideas, affiliate marketing tools, tips, and other sources of income available on the internet. He launched lifegoalfinisher.com and use it as a resource center where he can share his thoughts and experiences to benefit any newbie who wants to learn more about internet marketing.

Share If You Found This Article Is Useful!

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on whatsapp

8 thoughts on “What is Karatbars International? A “GOLDEN” Scam in Disguise?”

  1. I would be suspicious as well if there are scam alerts. I’m also not a salesy person, so no MLMs for me.

    Karatbar’s commission incentives seem to be so complicated, too. I wonder if lots of people are prone to buying gold bullions. Are you actually able to use these like making jewelries and do they sell higher?

    Marita 

  2. Excellent website and post.  I especially liked the my story portion and admission it was your fault, taking responsibility for your injury, in being scammed, and then getting up and trying again.  Nothing you can do about the scammers but you can take responsibility yourself.  

    The testimonials via screenshots and then your own picture, with you story lends credibility and authority to your entire presentation.  The review of karatbars interspersed with your WA information brings your reader along until click, they want to know what you are talking about.  

    You bring them along until they decide to investigate further.  This should convert bringing referrals to your organization.  

    I truly like your approach here.  I first went with rrrt247 before receiving a referral from a friend to come to Wealthy Affiliate.  

    Your post is well organized to accomplish your goals.  Thank you for sharing this with us.  Chris.      

  3. Thank you Zac,
    Karatbars and other nebulous or questionable offers and scams on the internet potentially bilk millions in small enough chunks of peoples’ hard earned money to make it impractical to do anything about them.
    I especially like that when you got scammed you took inventory and responsibility for yourself and moved on. I am familiar with Wealthy Affiliate having had one of the pioneers of online marketing (since early 90s) recommend Wealthy Affiliate to me.
    Good luck in your continuing effort in online business and in providing people valuable information about potential scams and shady dealers. Chris Queen

  4. Hello dear, thanks for sharing these amazing content with us, I was actually doing some research online when I saw your post, I saw some reviews about Karatbars International, but I wasn’t sure if it was legit or not, until I read your reviews, thanks for the info, I’ll surely do some recommendations, glad you shared it with us

  5. Hello there,  thank you for this very detailed review on karatsbars  international,  I heard about this from a friend as a golden business opportunity and I thought it wise to make son research on it before investing my money so I don’t get to regret it on the long run, and this review has just answered so many questions I have in mind regarding karatbars international. This really has helped my investment decision. Thanks for sharing.

    1. Thanks for taking your precious time to read my article, and leave such an honest review, Jomata. I am glad to hear that my article does help you.

Leave a Reply

Your email address will not be published. Required fields are marked *

I HATE POPUP, TOO!

But I feel like this is a HUGE DISSERVICE if I don’t share with you the…

PROVEN SYSTEM That

Guides Me To Earn My First $1000 Online!