Guardian Capital AG Review: Malaysian trading Ponzi scheme


Guardian Capital AG (aka GCG Asia) gives no data on their web site about who owns or runs the enterprise.

The Guardian Capital AG web site area (“guardiancapitalag.asia”) was registered on December twenty second, 2018.

Guardian Capital AG is listed because the proprietor, by way of an incomplete handle in Switzerland.

Additional analysis reveals Guardian Capital AG associates naming Darren Yaw as co-founder of the corporate.

On Fb Yaw goes by Darren Yaw Foo Hoe. His profile states he lives in Kuala Lumpur, Malaysia.

Thus it seems Guardian Capital AG is a Malaysian firm. Any hyperlinks to Switzerland are assumed to be shell incorporations.

To that finish Switzerland’s Monetary Market Supervisory Authority has issued a warning that Guardian Capital AG just isn’t a registered company.

Yaw seems to be closely concerned in cryptocurrency. As per the screenshot above, he’s co-founder of the World Crypto Asset Blockchain Alliance (WCBA).

As per their web site, WCBA hosts numerous cryptocurrency associated seminars.

The WCBA web site is unranked by Alexa, suggesting that as a enterprise it’s a flop.

Curiously, regardless of Darren Yaw co-founding each corporations, WCBA is pretending to don’t have anything to do with Guardian Capital AG.

Guests to the WCBA web site are offered with the next popup:

The message suggests WCBA was a shopper of Guardian Capital AG however is now not.

Whether or not they’re or they aren’t although doesn’t change the very fact Darren Yaw is operating each corporations.

So far as I can inform, GCG Asia is Darren Yaw’s first MLM alternative.

Guardian Capital AG Merchandise

Guardian Capital AG has no retailable services or products.

GCG Asia solicits funding from associates on the promise of returns.

GCG Asia represents returns are generated through foreign exchange, cryptocurrency, treasured metallic and power commodity buying and selling.

The Guardian Capital AG Compensation Plan

Guardian Capital AG’s compensation requires associates make investments.

Commissions are paid after they recruit others who do the identical.

Guardian Capital AG Affiliate Ranks

There are 5 ranks inside Guardian Capital AG’s compensation plan.

Together with their respective qualification standards, they’re as follows:

  • Investor – join as a Guardian Capital AG affiliate and make investments
  • IB – personally make investments $1500, recruit not less than 5 traders and generate not less than $10,000 in personally recruited affiliate funding quantity
  • MIB – personally make investments not less than $4500, keep 5 personally recruited lively traders and generate not less than $50,000 in personally recruited affiliate funding quantity
  • PIB – personally make investments not less than $12,000, recruit and keep not less than three MIB ranked associates and generate not less than $350,000 in whole downline funding quantity
  • DIB – personally make investments not less than $30,000, recruit and keep not less than three PIB ranked associates, generate not less than $100,000 in personally recruited affiliate funding quantity and generate not less than $2,500,000 in whole downline funding quantity

Funding Commissions

Funding into Guardian Capital AG are tracked in heaps.

GCG Asia associates obtain commissions on invested heaps based mostly on rank:

  • IB – $5 per funding lot
  • MIB – $10 per funding lot
  • PIB – $15 per funding lot
  • DIB – $20 per funding lot

Residual Commissions

Guardian Capital AG pays residual commissions based mostly on a coded system.

GCG Asia’s coded residual commissions pays $20 on every funding lot, whatever the rank of the affiliate who solicited the funding.

When a brand new funding lot is made, a GCG Asia affiliate is paid based mostly on rank.

If they’re a DIB they obtain the total $20 fee.

If they’re at a decrease rank, they obtain a corresponding fee (MIB – $10, PIB – $15 and so forth.).

The steadiness is then paid upline, based mostly on rank.

E.g. If an IB affiliate generates an funding lot, they obtain their $5 fee.

There may be nonetheless $15 to pay out, and so the system searches upline for a MIB or greater ranked affiliate to pay the steadiness out too.

If a MIB affiliate is discovered first, they’re paid $5 ($10 MIB charge minus the $5 IB charge already paid out), with $10 remaining.

The remaining $10 is paid additional upline to both a PIB and/or DIB affiliate.

If a PIB affiliate is discovered first they’re paid $10 ($15 PIB charge minus the $5 IB charge already paid out), with $5 remaining.

The $5 steadiness is then paid to the primary upline DIB affiliate discovered.

Be aware that if a DIB is discovered earlier than a MIB or PIB affiliate, they’re paid the remaining steadiness and nothing is carried upline.

Buying and selling Commissions

Guardian Capital AG pays buying and selling commissions through a unilevel compensation construction.

A unilevel compensation construction locations an affiliate on the high of a unilevel workforce, with each personally recruited affiliate positioned straight below them (stage 1):

If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel workforce.

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.

Guardian Capital AG caps payable unilevel workforce ranges at ten.

Commerce commissions are paid out as a proportion of alleged commerce quantity based mostly on rank:

  • Buyers and IBs obtain 5% on stage 1 (personally recruited associates), 4% on stage 2 and three% on stage 3
  • MIBs obtain 5% on stage 1, 4% on stage 2, 3% on stage 3 and 1% on ranges 4 and 5
  • PIBs obtain 5% on stage 1, 4% on stage 2, 3% on stage 3, 1% on ranges 4 to six and 0.5% on ranges 7 and eight
  • DIBs obtain 5% on stage 1, 4% on stage 2, 3% on stage 3, 1% on ranges 4 to six and 0.5% on ranges 7 to 10

Management Bonus

GCG Asia pays a ten% fee match on unilevel workforce associates of the identical rank.

Becoming a member of Guardian Capital AG

Guardian Capital AG affiliate membership is tied to a minimal $1500 funding.

Full participation within the GCG Asia earnings alternative requires a minimal $30,000 funding.

Conclusion

Your first purple flag with Guardian Capital AG is co-founder Darren Yaw cited as “Dato Sri Darren Yaw”.

I’ve but to see a reliable MLM firm run by a Malaysian Dato.

Your second purple flag is GCG Asia being a Malaysian monetary companies MLM firm.

I’ve but to see a reliable Malaysian monetary companies MLM firm.

Each these purple flags are justified upon inspection of Guardian Capital AG’s enterprise mannequin.

Definitely, GCG Asia is providing a passive funding alternative.

On the time of publication Alexa cites China (55%), Japan (18%) and Malaysia (6%) as the highest sources of site visitors to GCG Asia’s web site.

Regardless of claiming to be “licenced and controlled”, Guardian Capital AG gives no indication on its web site that it’s licensed to supply monetary companies in any jurisdiction it solicits funding in.

In China Guardian Capital AG is against the law as a result of it doesn’t maintain an MLM license interval.

In Japan and Malaysia GCG Asia would have to be registered with the Central Financial institution of Malaysia and Securities and Alternate Surveillance Fee respectively.

It isn’t.

With out acceptable regulation there’s no strategy to confirm Guardian Capital AG are literally buying and selling, and utilizing purported buying and selling income to pay associates.

Moreover Darren Yaw doesn’t seem to have a verifiable buying and selling historical past. GCG Asia additionally fail to reveal precisely who’s operating their purported buying and selling operations.

There’s no motive a reliable firm wouldn’t register itself and function legally. This lends itself to GCG Asia being yet one more Malaysian buying and selling Ponzi scheme.

As with all Ponzi schemes, as soon as affiliate recruitment dies down, so too will new funding.

This may starve GCG Asia of ROI income, finally prompting a collapse.

The mathematics behind Ponzi schemes ensures that after they collapse, nearly all of traders lose cash.

 

Replace eighth June 2019 – After mendacity about having approval from the Cambodian authorities, Darren Yaw was arrested in Cambodia in late Could.

As on the time of publication Guardian Capital AG’s numerous web sites are offline.

 

Replace 1st January 2022 – BehindMLM can verify Darren Yaw was convicted in October 2019.

Yaw was sentenced to 1 12 months in jail, of which he served 5 months.

Since launch, Yaw has tried to clean his involvement within the GCG Asia Ponzi scheme by way of misinformation and bogus DMCA takedown notices.

 

Replace seventeenth September 2022 – Darren Yaw and 9 different GCG Asia accomplices have been arrested in Malaysia.