Regarding the company’s ownership and management, Mayo Trade offers no reliable information.
According to reports, “Jess Hamilton” is the founder and CEO of Mayo Trade.
Naturally, there is no Hamilton outside of Mayo Trade. A website called “jeffhamilton. me” was created as part of an effort to fabricate Hamilton’s digital imprint.
On May 19, 2022, a private registration for that domain was made.
A supporting cast of executives joins Mayo Trade’s official presentation.
None of these individuals exist outside of Mayo Trade, just like Hamilton.
In a Mayo Trade marketing video posted to Instagram, “Caryn Shroeder” and “Eric Layhee” may be seen:
The performers are Spanish speakers in the video, which misspells Shroeder’s given last name.
Although I’m not an expert at identifying Spanish speakers geographically, I sense that they may be in Central or South America.
On Mayo Trade’s official Facebook page, you may see other videos shot in rented offices. Here we have “Jeff Hamilton,” who is reading from a script.
Actor executives are referred to as “Boris CEOs” by BehindMLM. Eastern European con artists are often the ones behind Boris CEO firms.
The UAE (84%) and Vietnam (12%) are now listed as Mayo Trade’s website’s main traffic sources by SimilarWeb.
Even though Dubai is the world’s MLM crime capital, local MLM company advertising to Dubai citizens is uncommon.
One explanation is that Mayo Trade itself is run out of Dubai, as their official Facebook page demonstrates:\
Dubai’s BehindMLM rules are as follows:
You are being conned if a Dubai resident contacts you about an MLM opportunity.
An MLM business is fraudulent if it claims to be headquartered in Dubai or to have connections there.
Mayo Trade offers incorporation certificates for shell firms in no fewer than six jurisdictions in an amusing attempt to seem respectable.
Shell business formation anywhere is pointless for MLM due diligence. This is because con artists may easily set up shell corporations using false information.
Always consider joining and/or giving any money to an MLM firm very carefully if it is not transparent about who owns or runs it.
Products from Mayo Trade
There is nothing resaleable at Mayo Trade.
Only the Mayo Trade affiliate membership itself may be promoted by affiliates.
The compensation plan for Mayo Trade
Affiliates of Mayo Trade make investments based on the promise of a daily ROI that is promoted:
$50 to $10,000 invested will return 1.4% over 125 days (275%)
Receive 1.8% every day for 125 days (325%) if you invest $10,001 to $50,000.
Spend $50,001 to $100,000 and get 2.3% every day for 125 days (380.6%) in interest.
The Mayo Trade MLM division gives commissions on the money that affiliates who have been recruited invest.
A 10% fee is applied to all withdrawal requests at Mayo Trade.
10% of the money invested by affiliates they individually recruited is paid out as commission to Mayo Trade affiliates.
Mayo Trade uses a binary compensation scheme to pay residual commissions.
An affiliate is positioned at the head of a binary team that is divided into two sides (left and right) by a binary remuneration structure:
The binary team’s initial level has two slots. These initial two places are divided into another two positions each to create the second level of the binary team (4 positions).
The binary team is formed in stages, with each stage containing twice as many slots as the preceding stage.
Direct and indirect affiliate recruiting is used to fill positions on the binary team. The depth to which a binary team can expand is unbounded.
Each day’s fresh investment volume on both sides of the binary team is totaled by Mayo Trade after the day.
Affiliates receive 10% of the money placed on the side of their inferior binary team.
The investment volume is matched against the stronger binary team side and flushed after being paid out.
Any remaining volume on the side of the more powerful binary team carries over.
Taking up Mayo Trade
The Mayo Trade affiliate program is free to join.
The linked income opportunity requires a minimum commitment of $50 to be fully participated in.
Mayo Trade invites investment in both numerous cryptocurrencies and USD using PerfectMoney.
Conclusion of the Mayo Trade
According to Mayo Trade, trading bots are how it makes money from outside sources.
We do this by combining powerful AI trading bots with seasoned financial specialists who have developed algorithms that offer comprehensive risk reduction and reliable profits.
The de facto Ponzi scheme tactic adopted by MLMs. For that reason, Mayo Trade offers no proof that it is conducting trade. Or, more significantly, utilizing any form of outside income to cover affiliate withdrawals
Furthermore, the Ponzi logic test shows that Mayo Trade’s business model is flawed.
What does the person operating Mayo Trade need your money for if they already have a bot that can legally generate 2.3% per day regularly?
Currently, fresh investment is the sole provable source of income for Mayo Trade.
Mayo Trade is a Ponzi scam since it pays daily profits using new investments. The MLM portion of Mayo Trade functions as a pyramid scheme because nothing is advertised or offered to retail customers.
As with all MLM Ponzi scams, the fresh investment will cease as soon as affiliate recruiting does.
As a result, Mayo Trade will eventually fail from a lack of ROI revenue.
When Ponzi schemes collapse, the logic ensures that the majority of investors lose money.