Mayo Commerce offers 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 outdoors of Mayo Commerce. There was an try and create a man-made digital footprint for Hamilton, together with a web site arrange at “jeffhamilton.me”.
That area was privately registered on Could nineteenth, 2022.
Of their official presentation, Mayo Commerce trots out a supporting forged of executives.
Like Hamilton, none of those individuals exist outdoors 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 knowledgeable 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 corporations are sometimes the work of jap European scammers.
SimilarWeb at the moment ranks prime 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 corporations to be promoted domestically to Dubai residents.
One rationalization 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 official, Mayo Commerce offers incorporation certificates for shell corporations in a minimum of six jurisdictions.
For the aim of MLM due-diligence, shell firm incorporation wherever is meaningless. That is as a result of simple with which scammers can arrange shell corporations with bogus info.
As at all times, if an MLM firm will not be overtly 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 each 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.
Observe that Mayo Commerce fees a ten% price 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 through a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary workforce, break up into two sides (left and proper):
The primary degree of the binary workforce homes two positions. The second degree of the binary workforce is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary workforce are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary workforce are stuffed through direct and oblique recruitment of associates. Observe there isn’t a restrict to how deep a binary workforce can develop.
On the finish of every day Mayo Commerce tallies up new funding quantity on each side of the binary workforce.
Associates are paid 10% of funds invested on their weaker binary workforce aspect.
As soon as paid out on, funding quantity is matched towards the stronger binary workforce aspect and flushed.
Any leftover quantity on the stronger binary workforce aspect carries over.
Becoming a member of Mayo Commerce
Mayo Commerce affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal $50 funding.
Mayo Commerce solicits funding in USD by way of PerfectMoney, in addition to varied cryptocurrencies.
Mayo Commerce Conclusion
Mayo Commerce represents it generates exterior income through buying and selling bots.
We make it attainable by leveraging our strong AI buying and selling bots and skilled monetary consultants 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 offers no proof it’s engaged in buying and selling. Or, extra importantly, utilizing exterior income of any type 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 each day returns makes Mayo Commerce a Ponzi scheme. With nothing marketed or bought 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 can starve Mayo Commerce of ROI income, finally prompting a collapse.
The mathematics behind Ponzi ensures that after they collapse, the vast majority of contributors lose cash.
