Qyral has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Getgrass.io. We’ve received over 5 complaints against Qyral.
Qyral, which combines healthcare and e-commerce, issues with leadership transparency. Hanieh Sigari, the company’s mysterious creator, appears in the media occasionally but is not clearly represented on Qyral’s website, raising concerns about the company’s transparency. Despite having a non-MLM background and previous entrepreneurial success, Sigari and Qyral’s clandestine approach to previous ventures, as well as a lack of regulatory monitoring, raise ethical and trust concerns about their MLM and prescription medicine marketing strategy.
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Key Takeaways
Is Qyral Regulated? Do They Have a License?
Qyral, a firm founded to combine healthcare and e-commerce, issues with openness in its leadership and ownership. Hanieh Sigari, the Founder and CEO, appears intermittently on numerous media. Her work and contributions to the company are highlighted in blog entries and a “story” section on Qyral’s website, however getting to this information takes scrolling through a sequence of postings, making it less obvious and clear to visitors.
While Sigari is heavily featured on Qyral’s YouTube channel, her absence from the company’s official website raises concerns about inconsistent information transmission. This gap in leadership visibility may have an impact on the trust and clarity that potential partners and customers have in Qyral.
Hanieh Sigari has no prior experience in multi-level marketing (MLM), but she has been acknowledged in numerous marketing publications and interviews for her entrepreneurship in healthcare and ecommerce.
She started a home healthcare company that specialized in dementia and Alzheimer’s patients, and it grew rapidly and employed many people. Meanwhile, her husband, Darius Banasik, co-founded Simple Global, an ecommerce fulfillment company that has grown into a global logistics platform.
Despite their triumphs, there is a noticeable reluctance to reveal the identities of these former enterprises in marketing materials, throwing a shroud of mystery over their earlier efforts.
Moving over from healthcare and ecommerce, Sigari founded Qyral in 2020, with Banasik serving as Executive Chair. Notably, Qyral’s concept was mentioned in marketing negotiations as early as December 2019, indicating a planned market debut prior to its formal launch.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Qyral is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Qyral, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Trading Conditions and Deposit/Withdrawal Methods at Qyral
Qyral offers a diverse range of goods focusing on hair care, skincare, and weight loss, mostly sold through a prescription-based approach. In order to satisfy individual health and beauty demands, the organization focuses on customisation and prescription.
- Hair Care: Products include topical and oral therapies for hair restoration, which come with a medical consultation charge.
- Skincare: A full range covering aging, hyperpigmentation, and other issues, with over 143 potential ingredients for customized recipes.
- Weight Loss: Includes GLP-1 and GIP weight management drugs (subject to approval), showing a medicalized approach to weight loss.
MLM Compensation Structure
Affiliate Rankings and Commissions
Qyral’s MLM structure is divided into four affiliate ranks, with commissions based on retail sales and residual commissions that continue down two tiers of recruitment. The compensation plan pays up to 40% in retail commissions based on monthly sales volume, as well as up to 10% in residual commissions on sales made by recruited affiliates.
Ethical Consideration and Market Focus
The incorporation of prescription drugs into an MLM model creates ethical difficulties. Prescription drugs are often taken under physician supervision and are tailored to each individual’s treatment needs. Qyral’s business model, which involves promoting these pharmaceuticals through an MLM system, may differ from traditional medical practices, perhaps prioritizing sales over patient-specific healthcare needs.
Qyral looks to have a strong focus on weight loss goods, utilizing common diabetes drugs for weight management. This strategy has received both attention and criticism for contributing to drug shortages and advocating a simplified weight loss solution that may fail to address underlying lifestyle problems.
The cost-effectiveness and sustainability of Qyral’s concept, notably for weight-loss drugs, are still being debated. While competitive pricing is advertised, potential affiliates and clients should be aware of the long-term practicality and ethical consequences of promoting prescription pharmaceuticals through an MLM structure.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
Qyral Customer Service: Do They Handle Complaints Well?
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.
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Qyral Reviews: What Do Others Say?
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like Qyral tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust Qyral reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of Qyral, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Qyral enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Qyral reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Qyral.
You should always look out for consumer complaints. In the case of Qyral, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees and charges
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about Qyral? You can share your complaint in the comment section or submit an anonymous tip.
Is Qyral Legit Or Scam?
Qyral’s plan to combine prescription medications with an MLM compensation model is ambitious, but laden with difficulties. The lack of openness in leadership, combined with ethical issues about the marketing of prescription pharmaceuticals, places Qyral in a difficult market sector.
While it provides new items, the sustainability of its business model and the ethical issues of its marketing techniques deserve careful examination by potential affiliates and consumers alike.
Qyral is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Qyral can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust Qyral?
All the evidence suggests that Qyral is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Frequently Asked Questions
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How The Qyral Online Scam Works
Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
