Aldamax supplies incomplete data on their web site about who owns or runs the corporate.
Aldamax’s CEO is just known as “Nasser”. The corporate’s Advertising and marketing Director is supposedly Diego G. Barbosa.
Additional analysis reveals Nasser’s full identify is Nasser Altayer. There is no such thing as a point out of Altayer in reference to Aldamax outdoors of the corporate’s advertising materials.
Together with being unable to confirm Altayer’s digital footprint, that is extremely suspicious.
There’s somebody going by Diego G. Barbosa on Fb whose from Brazil, however whether or not that’s Aldamax’s Barbosa is unclear.
Aldamax’s web site area (“aldamax.com”) was registered on November twelfth, 2019.
Naser Altayer is listed because the area proprietor, by means of an incomplete tackle in Dubai.
As all the time, if an MLM firm isn’t brazenly upfront about who’s working or owns it, assume lengthy and laborious about becoming a member of and/or handing over any cash.
Aldamax’s Merchandise
Aldamax has no retailable services or products, with associates solely in a position to market Aldamax affiliate membership itself.
Aldamax affiliate membership supplies entry to MIG Messenger, a cell messaging app.
Aldamax’s Compensation Plan
Aldamax associates make investments €100 to €100,000 EUR price of bitcoin on the promise of a 25% month-to-month ROI.
Returns are capped at 400% and paid in MIG Coin or bitcoin.
Commissions are paid when Aldamax associates recruit new affiliate buyers.
Recruitment Commissions
Aldamax associates earn a ten% fee on funds invested by personally recruited associates.
Residual Commissions
Aldamax pays residual commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary group, cut up into two sides (left and proper):
The primary degree of the binary group homes two positions. The second degree of the binary group is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary group are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary group are stuffed by way of direct and oblique recruitment of associates. Observe there is no such thing as a restrict to how deep a binary group can develop.
On the finish of every day Aldamax tallies up new funding quantity throughout the binary group.
Associates are paid 10% of funds invested on the weaker binary group aspect.
Residual commissions are capped day by day based mostly on how a lot an Aldamax affiliate has invested.
E.g. if an affiliate has invested €100 EUR, they will earn a most of €100 EUR in residual commissions a day.
As soon as paid out on funds are matched towards the stronger aspect and flushed. Leftover quantity on the stronger aspect carries over.
Becoming a member of Aldamax
Aldamax affiliate membership prices €50 EUR plus an preliminary €100 to €100,000 funding.
Conclusion
Aldamax is your typical MLM Ponzi factors scheme.
The corporate represents it generates exterior income by way of foreign currency trading and cryptocurrency arbitrage.
No proof of buying and selling, arbitrage or some other type of exterior income getting used to pay returns is offered.
Aldamax supplies no indication it has registered its passive funding alternative with monetary regulators. Which means at a minimal, Aldamax is committing securities fraud.
MIG Messenger has a separate web site on which it’s claimed the app was launched in Europe and Asia late 2018.
The issue with that is visitors to MIG Messenger’s web site is lifeless. MIG Messenger’s web site area was additionally solely registered on March twenty seventh, 2020.
Placing apart the truth that the app didn’t exist till just a few months in the past, does anyone really want one other “me too” messenger app?
The hook behind MIG Messenger is customers can get hold of MIG Coin by means of utilization of the app.
MIG Cash are generated by Aldamax on demand at little to no price. The corporate is actually giving them away by means of the app.
MIG Coin is being flogged to associates at €0.12 EUR a chunk. I assume the funding packages come bundled with MIG Cash at this value however I wasn’t in a position to verify.
In any occasion MIG Coin is nugatory outdoors of Aldamax. Withdrawals are at the moment obtainable in bitcoin or MIG Coin, however anticipate bitcoin to be turned off when new funding dries up.
It is because all Aldamax are doing is recycling invested funds to pay returns on MIG Coin withdrawals by means of the inner trade.
That’s on high paying recruitment commissions and working a pyramid scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dies down so too will new funding.
This can starve Aldamax of ROI income, finally prompting a collapse.
The maths behind Ponzi schemes ensures that after they collapse, the vast majority of buyers lose cash.