Tecmactrade fails to supply possession or govt data on its web site.
Tecmactrade’s web site area (“tecmactrade.com”), was privately registered on July 1st, 2022.
Tecmactrade uploaded a Boris CEO advertising and marketing video to its official YouTube channel on January 2nd, 2023.
The video incorporates a Russian dub-over, non-native English talking actors and photoshopped workplace constructing footage.
All three of TecMacTrade’s introduced 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 digital camera 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 house advertising and marketing 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 out like a sore thumb and naturally isn’t given a talking function.
After which we’ve got Russian language laptops given to the actors:
Placing all of this collectively, Tecmactrade is run by Russians and we’ve got a basic Boris CEO advertising and marketing 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 offered.
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 data.
As at all times, if an MLM firm will not be brazenly upfront about who’s operating or owns it, suppose 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 capable of market Tecmactrade affiliate membership itself.
Tecmactrade’s Compensation Plan
Tecmactrade associates make investments USD equivalents of cryptocurrency. That is achieved 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. Be aware that Tecmactrade fees a 9% payment on all withdrawals.
The MLM facet 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 either side of your binary workforce
- Stage 2 – generate $60,000 of amassed funding quantity on either side of your binary workforce
- Stage 3 – generate $100,000 of amassed funding quantity on either side of your binary workforce
- Stage 4 – generate $150,000 of amassed funding quantity on either side of your binary workforce
- Stage 5 – generate $200,000 of amassed funding quantity on either side of your binary workforce
- Stage 6 – generate $350,000 of amassed funding quantity on either side of your binary workforce
- Stage 7 – generate $700,000 of amassed funding quantity on either side of your binary workforce
- Stage 8 – generate $1,400,000 of amassed funding quantity on either side of your binary workforce
- Stage 9 – generate $2,800,000 of amassed funding quantity on either side of your binary workforce
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 prime of a binary workforce, cut up into two sides (left and proper):
The primary stage of the binary workforce homes two positions. The second stage of the binary workforce is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary workforce are generated as required, with every new stage housing twice as many positions because the earlier stage.
Positions within the binary workforce are crammed through direct and oblique recruitment of associates. Be aware there isn’t any restrict to how deep a binary workforce can develop.
On the finish of every day Tecmactrade tallies up new funding quantity on either side of the binary workforce.
Associates are paid 10% of latest funding on their weaker binary workforce facet.
Be aware that day by day residual fee charges are capped based mostly 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 towards the stronger binary workforce facet and flushed.
Any leftover quantity on the stronger binary workforce facet 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 automotive or cashback + franchise membership”
- qualify at Stage 9 and obtain a “$110,000 value luxurious automotive or cashback”
Becoming a member of Tecmactrade
Tecmactrade affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal $25 funding.
Tecmactrade solicits funding in numerous cryptocurrencies.
Tecmactrade Conclusion
Tecmactrade’s enterprise mannequin is the standard AI buying and selling bot nonsense.
We’re a web-based market for purchasing and promoting international change and digital currencies.
We’ve modified By fusing the energy of people with cutting-edge AI expertise, we will change the way in which folks take into consideration commerce.
No proof of Tecmactrade producing exterior income through AI bot buying and selling is offered.
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 presently accredited and registered in New Zealand, USA, and UK.
Tecmactrade isn’t registered to provides securities in any jurisdiction. The corporate commits securities fraud the world over.
Because it stands, the one verifiable income coming into Tecmactrade is new funding.
Utilizing new funding to pay a day by 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.
This can starve Tecmactrade of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, nearly all of individuals lose cash.
