Tecmactrade fails to offer possession or govt info on its web site.
Tecmactrade’s web site area (“tecmactrade.com”), was privately registered on July 1st, 2022.
Tecmactrade uploaded a Boris CEO advertising video to its official YouTube channel on January 2nd, 2023.
The video contains a Russian dub-over, non-native English talking actors and photoshopped workplace constructing footage.
All three of TecMacTrade’s offered executives characteristic within the video, however solely “Kenneth White” speaks.
The opposite two are dubbed over with a Russian man talking English. I’m placing this all the way down to “Benjamin Turbin’s” and “Harold Wilson’s” accents not being digicam prepared.
Kenneth White has an Indian accent and doesn’t appear fussed she’s been given a historically male title.
In his spare time “Harold Wilson” likes to mannequin clothes for Indian retailers:
The placement for Tecmactrade’s rented workplace area advertising video is IHDP Enterprise Park in Noida, Uttar Pradesh.
To cement our Russian connection to Tecmactrade we first have this man strolling about within the video:
Very Boris wanting, stands proud like a sore thumb and naturally isn’t given a talking function.
After which now we have Russian language laptops given to the actors:
Placing all of this collectively, Tecmactrade is run by Russians and now we have a basic Boris CEO advertising video shot in India.
Indians have additionally been employed to handle Tecmactrade’s official FaceBook web page:
In an try to cover Tecmactrade’s Russian origins, the corporate gives bogus company addresses within the US, New Zealand and UK on its web site.
Shell firm certificates for Tecmactrade LLC and Tecmactrade Restricted within the US and New Zealand respectively, are additionally supplied.
For the aim of MLM due-diligence, fundamental incorporation in any jurisdiction is meaningless. That is as a result of ease with which scammers can incorporate shell firms with bogus info.
As at all times, if an MLM firm will not be brazenly upfront about who’s working or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.
Tecmactrade’s Merchandise
Tecmactrade has no retailable services or products.
Associates are solely in a position to market Tecmactrade affiliate membership itself.
Tecmactrade’s Compensation Plan
Tecmactrade associates make investments USD equivalents of cryptocurrency. That is completed on the promise of marketed returns:
- Micro – make investments $25 to $4999 and obtain 1.6% to 1.9% a day for 150 days (25% of preliminary funding returned)
- Nano – make investments $5000 to $39,999 and obtain 1.9% to 2.2% a day for 140 days (35% of preliminary funding returned)
- Pico – make investments $40,000 to $100,000 and obtain 2.2% to 2.5% a day for 130 days (50% of preliminary funding returned)
Tecmactrade pays returns Monday by way of Friday. Word that Tecmactrade fees a 9% charge on all withdrawals.
The MLM aspect of Tecmactrade pays on recruitment of affiliate buyers.
Rank Achievement Bonus
There are 9 ranks inside Tecmactrade’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Stage 1 – generate $30,000 of amassed funding quantity on each side of your binary crew
- Stage 2 – generate $60,000 of amassed funding quantity on each side of your binary crew
- Stage 3 – generate $100,000 of amassed funding quantity on each side of your binary crew
- Stage 4 – generate $150,000 of amassed funding quantity on each side of your binary crew
- Stage 5 – generate $200,000 of amassed funding quantity on each side of your binary crew
- Stage 6 – generate $350,000 of amassed funding quantity on each side of your binary crew
- Stage 7 – generate $700,000 of amassed funding quantity on each side of your binary crew
- Stage 8 – generate $1,400,000 of amassed funding quantity on each side of your binary crew
- Stage 9 – generate $2,800,000 of amassed funding quantity on each side of your binary crew
Referral Commissions
Tecmactrade pays a referral fee on cryptocurrency invested by personally recruited associates.
Referral fee charges are decided by how a lot a Tecmactrade affiliate has invested:
- Micro tier associates obtain a 9% referral fee
- Nano tier associates obtain a 12% referral fee
- Pico tier associates obtain a 15% referral fee
Residual Commissions
Tecmactrade pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary crew, cut up into two sides (left and proper):
The primary degree of the binary crew homes two positions. The second degree of the binary crew is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary crew are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary crew are stuffed through direct and oblique recruitment of associates. Word there isn’t a restrict to how deep a binary crew can develop.
On the finish of every day Tecmactrade tallies up new funding quantity on each side of the binary crew.
Associates are paid 10% of latest funding on their weaker binary crew aspect.
Word that each day residual fee charges are capped primarily based on how a lot a Tecmactrade affiliate has invested:
- Micro tier associates can earn as much as $1500 a day
- Nano tier associates can earn as much as $4000 a day
- Pico tier associates can earn as much as $10,000 a day
As soon as paid out on, funding quantity is matched in opposition to the stronger binary crew aspect and flushed.
Any leftover quantity on the stronger binary crew aspect carries over.
Recruitment Bonuses
Tecmactrade rewards associates for recruiting new affiliate buyers.
- join ten affiliate buyers and obtain $25
- join twenty-five affiliate buyers and obtain $150
- join fifty affiliate buyers and obtain $300
- join 100 affiliate buyers and obtain $600
- join 100 and fifty affiliate buyers and obtain $1200
Rank Achievement Bonuses
Tecmactrade rewards associates for qualifying at Stage 1 and better with the next one-time Rank Achievement Bonuses:
- qualify at Stage 1 and obtain a “$300 set of headphones or cashback”
- qualify at Stage 2 and obtain a “$650 cellular or cashback”
- qualify at Stage 3 and obtain a “$1250 value laptop computer or cashback”
- qualify at Stage 4 and obtain a “$1875 value newest iPhone or cashback”
- qualify at Stage 5 and obtain a “$3000 value Dubai journey for 3 days 4 nights or cashback”
- qualify at Stage 6 and obtain a “5250 value goldbar or cashback”
- qualify at Stage 7 and obtain a “$14,000 value Europe journey (6 days 7 nights) or cashback”
- qualify at Stage 8 and obtain a “$55,000 value automobile or cashback + franchise membership”
- qualify at Stage 9 and obtain a “$110,000 value luxurious automobile or cashback”
Becoming a member of Tecmactrade
Tecmactrade affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal $25 funding.
Tecmactrade solicits funding in numerous cryptocurrencies.
Tecmactrade Conclusion
Tecmactrade’s enterprise mannequin is the same old AI buying and selling bot nonsense.
We’re an internet market for purchasing and promoting international alternate and digital currencies.
We’ve modified By fusing the energy of people with cutting-edge AI expertise, we will change the best way individuals take into consideration commerce.
No proof of Tecmactrade producing exterior income through AI bot buying and selling is supplied.
On the regulatory entrance Tecmactrade’s passive funding alternative constitutes a securities providing. This requires Tecmactrade to register with monetary regulators in each jurisdiction they solicit funding in.
As a substitute of doing that and working legally, Tecmactrade falsely represents its shell firms are registered with monetary regulators.
IN WHICH JURISDICTIONS IS TECMACTRADE AUTHORISED AND COMPLIANT?
The Firm is at present accredited and registered in New Zealand, USA, and UK.
Tecmactrade isn’t registered to affords securities in any jurisdiction. The corporate commits securities fraud the world over.
Because it stands, the one verifiable income getting into Tecmactrade is new funding.
Utilizing new funding to pay a each day return to buyers makes Tecmactrade a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Tecmactrade of ROI income, finally prompting a collapse.
The maths behind Ponzi schemes ensures that once they collapse, the vast majority of individuals lose cash.