Monk Buying and selling Funding offers no info on its web site about who owns or runs the corporate.
Monk Buying and selling Funding’s web site area (“monktradinginvestment.com”) was privately registered on January nineteenth, 2021.
Regardless of not present till just a few months in the past, Monk Buying and selling Funding claims it was based in 2014.
Monk Buying and selling additionally falsely represents primary UK incorporation as making it
UK incorporation is dust low-cost and successfully unregulated. It’s a favored jurisdiction for scammers trying to incorporate dodgy corporations.
Securities within the UK are regulated by the FCA. Primary incorporation shouldn’t be the identical as registering with the FCA.
For the aim of performing MLM due-diligence, primary UK incorporation is meaningless.
A YouTube channel named Monk Buying and selling Funding Ltd has two official advertising and marketing movies.
Each are poorly narrated by way of text-to-voice; one in Russian and one in English.
Within the third video on the left, at [1:10] the admin’s e mail tackle is revealed.
It’s not full however there’s sufficient to make out the title “Theresa Ndidiamaka”.
Sadly I wasn’t capable of hyperlink the title to a particular particular person. It’s value noting although that Ndidiamaka is a Nigerian surname.
In direction of the underside of Monk Buying and selling Funding’s web site is a quote from CEO Alex Ferneld.
Evidently this particular person doesn’t exist.
As all the time, if an MLM firm shouldn’t be overtly upfront about who’s working or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
Monk Buying and selling Funding’s Merchandise
Monk Buying and selling Funding has no retailable services or products.
Monk Buying and selling Funding associates are solely capable of market Monk Buying and selling Funding affiliate membership itself.
Monk Buying and selling Funding’s Compensation Plan
Monk Buying and selling Funding associates make investments USD equivalents in bitcoin on the promise of marketed returns.
- Starter Plan – make investments $50 to $1999 and obtain 2% a day for six days (112% ROI)
- Newbie Plan – make investments $2000 to $4999 and obtain 2.2% a day for six days (113.2% ROI)
- Skilled Plan – make investments $5000 to $10,999 and obtain 2.5% a day for six days (115% ROI)
- Knowledgeable Plan – make investments $11,000 or extra and obtain 3.2% a day for 7 days (122.4% ROI)
- Mining Contract – make investments $15,000 or extra and obtain 3% a day for 60 days
Monk Buying and selling Funding pays referral commissions on invested funds down three ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – 20%
- stage 2 – 5%
- stage 3 – 10%
Becoming a member of Monk Buying and selling Funding
Monk Buying and selling funding affiliate membership is free.
Full participation in Monk Buying and selling Funding’s earnings alternative requires a minimal $50 funding in bitcoin.
Conclusion
Right here’s how Monk Buying and selling Funding declare to generate marketed returns:
The multidirectionality of the utilized efforts determines the excessive profitability of the funding placement course of in our firm.
Rightio.
The introduction to this evaluation alone must be sufficient to show Monk Buying and selling Funding is a blatant rip-off. But when it isn’t, there’s additionally the enterprise mannequin.
Monk Buying and selling Funding has no verifiable supply of exterior income.
All they’re doing is recycling invested funds, which makes Monk Buying and selling Funding a Ponzi scheme.
As with all MLM Ponzi schemes, when affiliate recruitment dries up so too will new funding.
It will starve Monk Buying and selling Funding of ROI income, ultimately prompting a collapse.
The maths behind Ponzi schemes ensures that after they collapse, the vast majority of contributors lose cash.