CrossTrade Capital gives no info on its web site about who owns or runs the enterprise.
Copy within the “about us” part of CrossTrade’s web site is stolen from Pareto Asset Administration:
So far as I can inform, Pareto Asset Administration is an unrelated firm that has been round for a while.
CrossTrade Capital’s web site area (“crosstrade-uk.com”) was first registered in 2005.
The area registration was final up to date on January 18th, 2019, and lists Schilov Andre because the proprietor.
The deal with used to register the area is a residential residence in New York Metropolis (US).
CrossTrade Capital’s official Fb group has 4 admins; Linda Ok Carlisle, Patrick Tore, Sarah Walker and Anna Smart.
All through 2019 Linda Carlisle was selling varied cryptocurrency schemes. MyAddsUp for instance is a 154% ROI AdPack Ponzi scheme.
Carlisle additionally promoted R Community and extra just lately, what seems to be a reboot of the failed MLM social community Tsu.
Patrick Tore identifies himself as CrossTrade Capital’s Chief Dealer.
Tore’s Fb account was created in August 2019 and solely options CrossTrade Capital advertising and marketing materials – so we’re unsure if he’s an precise particular person.
Sarah Walker claims to be a “crew chief” at CrossTrade Capital. Not likely positive what her MLM historical past is, though she does additionally declare to be a advertising and marketing marketing consultant at Coca-Cola on Fb.
Anna Smart was selling “an funding that formed my life monetary” [sic] earlier this 12 months, however has since deleted any reference to it.
Learn on for a full evaluate of CrossTrade Capital’s MLM alternative.
CrossTrade Capital’s Merchandise
CrossTrade Capital has no retailable services or products, with associates solely capable of market CrossTrade Capital affiliate membership itself.
CrossTrade Capital’s Compensation Plan
CrossTrade Capital associates make investments $100 or extra on the promise of a ten% weekly ROI, paid out for 12 months (~520%).
Referral Commissions
CrossTrade Capital pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel crew, with each personally recruited affiliate positioned immediately beneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel crew.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
CrossTrade Capital caps payable unilevel crew ranges at ten.
Commissions are paid out as a proportion of funds invested throughout these ten ranges as follows:
- stage 1 (personally recruited associates) – 10%
- stage 2 – 10%
- ranges 3 to 10 – 2%
Shareholder Bonus
Along with referral commissions, CrossTrade Capital provides assured earnings via the Shareholder Bonus.
- Share Class A – generate a downline of 100 energetic buyers and obtain $312.50 per week ($15,000 yearly)
- Share Class B – generate a downline of 300 energetic buyers and obtain $625 per week ($30,000 yearly)
- Share Class C – generate a downline of 600 energetic buyers and obtain $937.50 per week ($45,000 yearly)
- Share Class D – generate a downline of 1 thousand 5 hundred energetic buyers and obtain $2083.335 per week ($100,000 yearly)
An “energetic investor” is a CrossTrade Capital affiliate who has a present funding of not less than $100 paying returns.
Becoming a member of CrossTrade Capital
CrossTrade Capital affiliate membership is free.
Full participation within the connected earnings alternative nevertheless requires a minimal $100 funding each 52 weeks.
Conclusion
On its web site CrossTrade Capital claims to be the “#1 finest funding platform”. The corporate represents it generates exterior income via asset administration.
Along with copy on CrossTrade Capital’s web site being stolen from one other firm, no proof of any asset administration is supplied.
Neither is there any proof CrossTrade Capital makes use of another supply of exterior income to pay associates.
Within the phrases of CrossTrade Capital’s official Fb group admin Anna Smart;
Moreover CrossTrade Capital’s enterprise mannequin fails the Ponzi logic check.
If the corporate is producing returns upwards of 10% per week already, what do they want your cash for?
Because it stands the one verifiable income getting into CrossTrade Capital is new funding.
Using new funding to pay current buyers a ten% weekly ROI makes CrossTrade Capital a Ponzi scheme.
It’s value noting that of CrossTrade Capital’s 4 Fb group admins, two are based mostly out of the US.
Neither CrossTrade Capital, Linda Ok. Carlisle or Sarah Walker are registered to supply securities within the US.
On the time of publication, Alexa estimates 40% of visitors to CrossTrade Capital’s web site originates out of the US.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dies down so too will new funding.
This can starve CrossTrade Capital of ROI income, finally prompting a collapse.
The maths behind Ponzi schemes ensures that once they collapse, the vast majority of members lose cash.