MTI Buying and selling Worldwide gives no info on its web site about who owns or runs the corporate.
MTI Buying and selling Worldwide’s web site area (“mtitradinginternational.com”) was privately registered on June ninth, 2020.
Regardless of solely coming into existence just a few months in the past, MTI Buying and selling Worldwide falsely claims it has been round since 2016.
As all the time, if an MLM firm just isn’t overtly upfront about who’s operating or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
MTI Buying and selling Worldwide’s Merchandise
MTI Buying and selling Worldwide has no retailable services or products, with associates solely in a position to market MTI Buying and selling Worldwide affiliate membership itself.
MTI Buying and selling Worldwide’s Compensation Plan
MTI Buying and selling Worldwide associates make investments funds on the promise of marketed returns.
- make investments $20 to $500 and obtain 110% over 10 days
- make investments $501 to $5000 and obtain 115% over 10 days
- make investments $5001 to $200,000 and obtain 120% over 10 days
MTI Buying and selling Worldwide pays referral commissions on invested funds down three ranges of recruitment (unilevel):
- 5% on degree 1 (personally recruited associates)
- 2% on degree 2
- 1% on degree 3
Consultant associates earn elevated referral commissions as follows:
- 10% on degree 1
- 3% on degree 2
- 2% on degree 3
Particular Consultant qualification standards just isn’t offered.
Becoming a member of MTI Buying and selling Worldwide
MTI Buying and selling Worldwide affiliate membership is free.
Full participation within the hooked up earnings alternative nevertheless requires a minimal $20 funding.
Notice that MTI Buying and selling Worldwide’s web site FAQ states the “minimal deposit is $500”.
Conclusion
Issues should be bleak in some quarters if we’ve bought Ponzi schemes ripping off Ponzi schemes.
From the identify to claiming to be “headquartered in South Africa in 2016”, MTI Buying and selling Worldwide is clearly borrowing from Mirror Buying and selling Worldwide.
Mirror Buying and selling Worldwide is a Ponzi scheme launched final 12 months. It’s headed up by Johann Steynberg, who operates out of South Africa.
Notice that MTI Buying and selling Worldwide appears to be a bit confused about their faux origin, as the corporate additionally states it
is formally registered in 2012 and its actions lengthen to the territory of England and Wales and past.
MTI Buying and selling Worldwide amusingly makes an attempt to assist this declare by offering a clean UK incorporation certificates, dated April 2012.
Differentiating itself from Mirror Buying and selling Worldwide, MTI Buying and selling Worldwide claims to generate exterior income by way of cryptocurrency buying and selling.
Like Mirror Buying and selling Worldwide, no proof of buying and selling or exterior income getting used to pay withdrawals is offered.
That leaves new funding as MTI Buying and selling Worldwide’s solely verifiable income.
Utilizing new funding to pay marketed returns makes MTI Buying and selling Worldwide a Ponzi scheme.
As with all MLM Ponzi schemes, when affiliate recruitment slows down so too will new funding.
This may starve MTI Buying and selling Worldwide of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, the vast majority of contributors lose cash.