Futures Commerce gives no info on their web site about who owns or runs the corporate.
Futures Commerce’s web site area (“futurestrade.io”), was privately registered on November sixth, 2021.
Futures Commerce’s official advertising and marketing presentation was authored by Aziz Samoon on January 2nd, 2022.
Samoon (proper) owns Visionitive Media, a “social media and digital advertising and marketing company” primarily based out of Dubai.
Different names hooked up are the three admins of the official Futures Commerce’s FaceBook group; John Botting, Alonso Alonso and Dylan Carnell.
In line with his FaceBook profile, John Botting (proper) is from the UK.
Botting first style of cryptocurrency fraud seems to have been iHub International mid final yr.
In October 2021 Botting tried Lifevantage:
That doesn’t appear to have labored out.
Alonso Alonso is a profession scammer from Milwaukee, Wisconsin.
BehindMLM final got here throughout Alonso in relation to Up2Give, a 2019 bitcoin gifting scheme.
Perusal of Alonso’s FaceBook profile reveals he’s nonetheless neck-deep in fraud.
Dylan Carnell is from Manchester within the UK. He’s at present hiding out in Bali, Indonesia.
In official advertising and marketing movies, Carnell introduces himself as CEO of Futures Commerce.
Carnell’s digital footprint previous to FuturesTrade is just about non-existent, which I’m flagging as suspicious.
On the cash facet of issues Carnell is laundering invested funds by the UK shell firm Futures Commerce Holdings LTD.
Futures Commerce Holdings LTD was integrated November twenty fifth, 2021.
UK incorporation is dust low-cost and successfully unregulated. On prime of that the FCA, the UK’s prime monetary regulator, don’t actively regulate MLM associated securities fraud.
Because of this the UK is a well-liked jurisdiction for scammers seeking to incorporate, function and promote fraudulent corporations.
Learn on for a full overview of Futures Commerce’s MLM alternative.
Futures Commerce’s Merchandise
Futures Commerce has no retailable services or products.
Associates are solely capable of market Futures Commerce affiliate membership itself.
Futures Commerce’s Compensation Plan
Futures Commerce associates make investments cryptocurrency on the promise of an marketed day by day return.
- Buying and selling Package deal 1 – make investments $50 or extra and obtain 1% a day for 20 days (120% ROI)
- Buying and selling Package deal 2 – make investments $1000 or extra and obtain 2% a day for 25 days (150% ROI)
- Buying and selling Package deal 6 – make investments $3000 or extra and obtain 3% a day for 30 days (190% ROI)
- Buying and selling Package deal 6 – make investments $30,000 or extra and obtain 150% after 6 days
The MLM facet of Futures Commerce pays on recruitment of affiliate buyers.
Futures Commerce Affiliate Ranks
There are 4 affiliate ranks inside Futures Commerce’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Newbie – enroll as a Futures Commerce affiliate
- Consultant – generate $5000 in downline funding quantity
- VIP – generate $25,000 in downline funding quantity
- Elite – generate $100,000 in downline funding quantity
Referral Commissions
Futures Commerce pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel staff, with each personally recruited affiliate positioned straight below them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Futures Commerce caps payable unilevel staff ranges at six.
Referral commissions are paid out as a proportion of funds invested throughout these six ranges primarily based on rank:
- Learners earn 6% on degree 1 (personally recruited associates), 2% on degree 2 and 1% on ranges 3 and 4
- Representatives earn 7% on degree 1, 3% on degree 2 and 1% on ranges 3 to five
- VIPs earn 9% on degree 1, 3% on degree 2 and 1% on ranges 3 to five
- Elites earn 10% on degree 1, 4% on degree 2, 2% on ranges 3 and 4 and 1% on ranges 5 and 6
Becoming a member of Futures Commerce
Futures Commerce affiliate membership is free.
Full participation within the hooked up revenue alternative requires a minimal $50 funding.
Futures Commerce solicits funding in USD and bitcoin.
Futures Commerce Conclusion
Futures Commerce markets “danger free passive revenue”, purportedly derived by an “skilled merchants staff”.
No verifiable proof of buying and selling correlating to Futures Commerce affiliate withdrawals is offered.
Futures Commerce’s enterprise mannequin additionally fails the Ponzi logic take a look at. If Dylan Carnell, some random man dwelling in Indonesia, was able to producing 150% each 6 days by buying and selling, he’d be doing that and shutting up about it.
It is mindless to promote entry to the golden goose for as little as $50.
Regardless of clearly providing a passive funding alternative, Carnell fails to supply proof he has registered Futures Commerce with monetary regulators in any jurisdiction.
At time of publication Alexa ranks the US as the most important supply of visitors to Futures Commerce’s web site (57%).
Securities within the US are regulated by the SEC. Carnell failing to register Futures Commerce with the SEC constitutes securities fraud.
Because it stands the one verifiable income coming into Futures Commerce is new funding.
Utilizing new funding to pay day by day returns makes Futures Commerce a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up, so too will new funding.
This can starve Futures Commerce of ROI income, ultimately prompting a collapse.
In a since deleted YouTube video uploaded on January 14th, Carnell detailed Futures Commerce withdrawal issues.
Just a few days later Carnell launched Futures Commerce’s $30,000 Buying and selling Package deal 6 funding tier.
Why needs to be apparent.
Replace twenty third January 2022 – Futures Commerce has additional restricted withdrawals and launched a brand new 200% plan.
Replace twenty fourth January 2022 – Futures Commerce’s Dylan Carnell has been outed as UK resident Daniel Clayton.
Replace #2 twenty fourth January 2022 – Futures Commerce has collapsed, with proprietor Daniel Clayton pulling a blockbuster five-part exit-scam.
Replace sixth March 2022 – Futures Commerce scammers are attempting to milk victims additional with their LogicBitInvest reload rip-off.