Minerva Buying and selling Bot gives no info on who owns or runs the corporate on their web site.
The Minerva Buying and selling Bot web site area (“minervatradingbot.com”) was privately registered on December tenth, 2018.
Additional analysis reveals a Minerva Buying and selling Bot YouTube video that includes the corporate’s CEO.
The person within the video isn’t credited within the description. The video itself is in German, so even when the person is credited I wouldn’t perceive.
What I used to be capable of later discover is an incorporation doc for CMC Make investments on the Minerva Buying and selling Bot web site area:
As above, the doc cites Gregor Maihart as proprietor of CMC Make investments.
Maihart’s Fb profile picture is dated 2010, but it surely’s sufficient to verify he options within the Minerva Buying and selling Bot CEO video.
Thus I can confidently state Gregor Maihart is working Minerva Buying and selling Bot.
As for CMC Make investments, it seems to be nothing greater than an offshore shell firm. It’s extremely doubtless CMC Make investments is getting used to launder funds invested by Minerva Buying and selling Bot associates via.
In line with his Fb profile, Maihart relies out of Austria.
This corresponds with Alexa pegging Austria as the highest supply of visitors to Minerva Buying and selling Bot’s web site (23%). Neighboring Germany is the second largest, coming at 21%.
The closest I used to be capable of come to assembling Maihart’s MLM historical past, was a subscription to the official USI-Tech channel.
Whether or not Maihart was a USI-Tech Ponzi investor is unclear.
Learn on for a full overview of the Minerva Buying and selling Bot MLM alternative.
Minerva Buying and selling Bot Merchandise
Minerva Buying and selling Bot has no retailable services or products, with associates solely capable of market Minerva Buying and selling Bot affiliate membership itself.
The Minerva Buying and selling Bot Compensation Plan
Minerva Buying and selling Bot associates make investments euros on the promise of a 240% ROI after one year.
Minerva Buying and selling Bot returns are paid weekly in bitcoin.
Minerva Buying and selling Bot pays referral commissions on preliminary funds invested by recruited associates, down a most three ranges of recruitment (unilevel):
- make investments not less than €500 EUR and obtain 7% on stage 1 (personally recruited associates)
- make investments not less than €1000 EUR and obtain 7% on stage 1 and three% on stage 2
- make investments not less than €1500 EUR and obtain 7% on stage 1, 3% on stage 2 and a pair of% on stage 3
Referral commissions are additionally paid on reinvestment made throughout the identical three ranges (identical private funding qualification applies):
- stage 1 (reinvestment by personally recruited associates) – 3%
- stage 2 – 2%
- stage 3 – 1%
Becoming a member of Minerva Buying and selling Bot
Minerva Buying and selling Bot affiliate membership is free.
Full participation within the connected Minerva Buying and selling Bot MLM alternative nonetheless requires a minimal €500 EUR funding.
Conclusion
Minerva Buying and selling Bot is a cookie-cutter Telegram Ponzi bot scheme.
Associates join and make investments via the corporate’s official Telegram channel bot.
Minerva Buying and selling Bot represents that it generates exterior ROI income via cryptocurrency buying and selling.
No verifiable proof of buying and selling or another supply of exterior ROI income is supplied.
Moreover neither Minerva Buying and selling Bot or Gregor Maihart are registered with Austria’s Monetary Markets Authority. Which means at a minimal Minerva Buying and selling Bot and Maihart are committing securities fraud.
There isn’t any indication that Minerva Buying and selling Bot or Maihart have registered their passive funding alternative in another jurisdiction both.
Because it stands the one verifiable income coming into Minerva Buying and selling Bot is newly invested funds.
Using newly invested funds to pay current Minerva Buying and selling Bot associates a weekly ROI makes it a Ponzi scheme.
Minerva Buying and selling Bot pays returns in bitcoin till invested funds run out, or Telegram shuts their bot channel down for fraud.
Regardless, each outcomes lead to Minerva Buying and selling Bot collapsing.
The mathematics behind Ponzi schemes like Minerva Buying and selling Bot ensures that once they collapse, the vast majority of individuals lose cash.
Replace 4th January 2023 – Authorities in Austria have arrested a 58 12 months previous man and his 81 12 months previous father in relation to Minerva Buying and selling Bot.
The youthful suspect, believed to be Gregor Maihart, was sentenced to 4 and half years in jail in late 2022.