Mayo Commerce supplies no credible details about who owns or runs the corporate.
Supposedly Mayo Commerce is headed up by founder and CEO “Jess Hamilton”.
Naturally Hamilton doesn’t exist exterior of Mayo Commerce. There was an try to create a man-made digital footprint for Hamilton, together with a web site arrange at “jeffhamilton.me”.
That area was privately registered on Might nineteenth, 2022.
Of their official presentation, Mayo Commerce trots out a supporting forged of executives.
Like Hamilton, none of those folks exist exterior of Mayo Commerce both.
“Caryn Shroeder” and “Eric Layhee” seem in a Mayo Commerce advertising video uploaded to Instagram:
The video, which misspells Shroeder’s introduced surname, reveals the actors converse Spanish.
I’m not an professional on geolocating Spanish audio system however I’m getting sturdy Central or South American vibes.
Different rented workplace movies can be found on Mayo Commerce’s official FaceBook web page. Right here’s “Jeff Hamilton” very clearly studying off a script.
BehindMLM refers to actor executives as “Boris CEOs”. Boris CEO firms are sometimes the work of jap European scammers.
SimilarWeb at present ranks high sources of visitors to Mayo Commerce’s web site because the UAE (84%) and Vietnam (12%).
Whereas Dubai is the MLM crime capital of the world, it’s uncommon for MLM firms to be promoted domestically to Dubai residents.
One clarification is Mayo Commerce itself being run from Dubai, as evidenced by their official FaceBook web page:
BehindMLM’s pointers for Dubai are:
- If somebody lives in Dubai and approaches you about an MLM alternative, they’re attempting to rip-off you.
- If an MLM firm is predicated out of or represents it has ties to Dubai, it’s a rip-off.
In a considerably laughable try to look reliable, Mayo Commerce supplies incorporation certificates for shell firms in at least six jurisdictions.
For the aim of MLM due-diligence, shell firm incorporation wherever is meaningless. That is as a result of straightforward with which scammers can arrange shell firms with bogus info.
As at all times, if an MLM firm will not be brazenly upfront about who’s working or owns it, assume lengthy and exhausting about becoming a member of and/or handing over any cash.
Mayo Commerce’s Merchandise
Mayo Commerce has no retailable services or products.
Associates are solely capable of market Mayo Commerce affiliate membership itself.
Mayo Commerce’s Compensation Plan
Mayo Commerce associates make investments funds on the promise of an marketed day by day ROI:
- make investments $50 to $10,000 and obtain 1.4% for 125 days (275%)
- make investments $10,001 to $50,000 and obtain 1.8% a day for 125 days (325%)
- make investments $50,001 to $100,000 and obtain 2.3% a day for 125 days (380.6%)
The MLM aspect of Mayo Commerce pays commissions on funds invested by recruited associates.
Notice that Mayo Commerce fees a ten% payment on all withdrawal requests.
Referral Commissions
Mayo Commerce associates earn a ten% fee on funds invested by personally recruited associates.
Residual Commissions
Mayo Commerce pays residual commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary staff, cut up into two sides (left and proper):
The primary stage of the binary staff homes two positions. The second stage of the binary staff is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary staff are generated as required, with every new stage housing twice as many positions because the earlier stage.
Positions within the binary staff are stuffed by way of direct and oblique recruitment of associates. Notice there isn’t any restrict to how deep a binary staff can develop.
On the finish of every day Mayo Commerce tallies up new funding quantity on each side of the binary staff.
Associates are paid 10% of funds invested on their weaker binary staff aspect.
As soon as paid out on, funding quantity is matched towards the stronger binary staff aspect and flushed.
Any leftover quantity on the stronger binary staff aspect carries over.
Becoming a member of Mayo Commerce
Mayo Commerce affiliate membership is free.
Full participation within the connected earnings alternative requires a minimal $50 funding.
Mayo Commerce solicits funding in USD by PerfectMoney, in addition to numerous cryptocurrencies.
Mayo Commerce Conclusion
Mayo Commerce represents it generates exterior income by way of buying and selling bots.
We make it doable by leveraging our strong AI buying and selling bots and skilled monetary specialists who’ve created techniques that present full danger mitigation and constant returns.
That is the defacto ruse utilized by MLM Ponzi schemes. To that finish, Mayo Commerce supplies no proof it’s engaged in buying and selling. Or, extra importantly, utilizing exterior income of any variety to pay affiliate withdrawals.
Moreover Mayo Commerce’s enterprise mannequin fails the Ponzi logic check.
If whoever is working Mayo Commerce already has a bot able to legitimately producing 2.3% a day on a constant foundation, what do they want your cash for?
Because it stands the one verifiable income getting into Mayo Commerce is new funding.
Utilizing new funding to pay day by day returns makes Mayo Commerce a Ponzi scheme. With nothing marketed or offered to retail prospects, the MLM aspect of Mayo Commerce operates as a pyramid scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve Mayo Commerce of ROI income, finally prompting a collapse.
The mathematics behind Ponzi ensures that once they collapse, nearly all of members lose cash.