Commerce For change operates within the foreign currency trading MLM area of interest.
In its advertising, Commerce For Change cites “William Coyle” as its CEO:
On LinkedIn Coyle represents he’s primarily based out of Costa Rica.
If the data in Coyle’s profile is to be believed, he’s a failed crypto bro with a background in advertising.
“Kam” corresponds with Kam Salami, co-founder and CEO of the advertising agency MySway.
Nicholas Provider, together with Salami, is a co-founder of Rizen.
Rizen sells AI avatars for influencers.
As per their respective social media profiles, William Coyle and Nick Provider are primarily based out of Costa Rica. Kam Salami is from Canada.
Commerce For Change’s web site area (“tradeforchange.internet”), was privately registered on January twenty fifth, 2024.
Learn on for a full evaluation of Commerce For Change’s MLM alternative.
Commerce For Change
Commerce For Change has no retailable services or products.
Associates are solely in a position to market Commerce For Change affiliate membership itself.
Commerce For Change’s Compensation Plan
Commerce For Change associates make investments funds below the management of Commerce For Change. That is performed on the promise of a “10-20% month-to-month revenue goal” ROI.
The MLM facet of Commerce For Change pays on recruitment of affiliate buyers and generated returns.
Commerce For Change associates earn a referral commissions down two ranges of recruitment (unilevel).
- stage 1 – $65 per affiliate recruited (personally recruited associates)
- stage 2 – $100
ROI Match
Commerce For Change associates earn a ten% ROI match on personally recruited associates. A 20% match is paid on stage 2.
Becoming a member of Commerce For Change
Commerce For Change affiliate membership is $333.
Commerce For Change Conclusion
Commerce For Change is a mix of securities, commodities fraud and wire fraud.
Securities and Commodities fraud exist by the use of Commerce For Change soliciting funding on the promise of passive returns, purportedly derived by way of commodities buying and selling.
Commerce For Change fails to offer proof it has registered its passive returns funding alternative in any jurisdiction.
Seemingly conscious of its fraud and never keen to go toe to toe towards energetic securities and commodities fraud regulation, Commerce For Change’s web site states:
We don’t instantly solicit U.S.A., U.Ok. and Canadian primarily based purchasers.
This implies Commerce For Change nonetheless not directly solicits funding from US, UK and Canadian buyers.
Regardless, Commerce For Change operates illegally in each nation with a regulated monetary market.
In the meantime, with nothing marketed or bought to retail prospects, the MLM facet of Commerce For Change operates as a pyramid scheme.
Sometimes buying and selling bot MLM schemes explode by a collection of dangerous or rigged trades (in favor of admins).
It’s been some time since we’ve seen one however some examples from the previous embody Akashx, EnviFX and Digital Revenue.