Mitotic Cash fails to supply verifiable possession or govt info on its web site.
The next people are introduced as Mitotic Cash’s executives:
Faux social media profiles have been created for the people in mid 2022.
Some effort has gone into making these profiles seem older than they’re, however that is simply caught out:
Mitotic Cash’s “Leonard Rudd” is definitely Cesar Millan from Venezuela.
The actor taking part in CEO “Thomas Baker” has dedicated to the position. He seems in a number of Mitotic Cash advertising and marketing movies:
These are your traditional Boris CEO productions; a rented workplace with advertising and marketing props.
The entire actors in Mitotic Cash’s earlier advertising and marketing movies have a Latin American accents. This matches with Cesar Millan being from Venezuela.
Boris CEO MLM corporations are usually the work of japanese European scammers. To that finish we have now two advertising and marketing movies uploaded on April sixth and seventh, 2023.
“Kate” is represented to be an animator from Ukraine. She speaks in Russian.
“Ron” is an funding banker. He speaks English with an japanese European accent. Each Kate and Ron are clearly actors.
It seems Mitotic Cash might need misplaced its authentic South American appearing crew. On April twelfth the corporate uploaded a video portraying a “Russia Crypto Dwell Occasion”:
This video options extra actors and the occasion was purportedly shot in Bashkortostan, Russia.
One last item to notice is Mitotic Cash’s official FaceBook web page is managed from India:
Placing all of this collectively;
- Mitotic Cash began off with South American actor executives, most certainly from Venezuela;
- Boris CEO scams are normally the work of japanese Europeans, and Mitotic Cash’s Russian roots emerged in advertising and marketing movies over the previous month; and
- the scammers behind Mitotic Cash are utilizing Indians to handle their social media (and possibly net improvement)
In an try to cover all of this, Mitotic Cash presents two incorporation certificates on its web site:
- Mitotic Cash Investments LLC was purportedly integrated within the US state of Kentucky in February 2022
- Mitotic Cash Group LTD was purportedly integrated within the UK on January fifth, 2023
Because of the ease with which scammers can incorporate shell corporations with bogus particulars, for the aim of MLM due-diligence fundamental incorporation in any jurisdiction is meaningless.
Mitotic Cash’s web site area (“mitoticmoney.com”), was first registered in March 2021. The non-public registration was final up to date on October twenty ninth, 2022.
Early improvement for Mitotic Cash’s web site started in late 2021.
The web site remained in a template state till the present web site design was uploaded in or round November 2022.
As all the time, if an MLM firm just isn’t brazenly upfront about who’s operating or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
Mitotic Cash’s Merchandise
Mitotic Cash has no retailable services or products.
Associates are solely in a position to market Mitotic Cash affiliate membership itself.
Mitotic Cash’s Compensation Plan
Mitotic Cash associates make investments USD equivalents of cryptocurrency.
That is accomplished on the promise of marketed returns:
- Eco – make investments $60 to $3999 and obtain 1.4% a day for 125 to 165 days
- Lite – make investments $4000 to $49,999 and obtain 1.6% a day for 125 to 165 days
- Prime – make investments $50,000 to $99,999 and obtain 1.8% a day for 125 to 165 days
- Premium – make investments $100,000 or extra and obtain 2% a day for 175 days
Returns are paid Monday by means of Friday. Be aware that Mitotic Cash associates are solely in a position to withdraw returns twice a month.
The MLM aspect of Mitotic Cash pays on recruitment of affiliate traders.
Referral Commissions
Mitotic Cash pays a referral fee on cryptocurrency invested by personally recruited associates.
Referral fee charges are decided by how a lot an affiliate has satisfied others to take a position:
- persuade others to take a position $15,000 to $24,999 and obtain a 1% referral fee price
- persuade others to take a position $25,000 to $39,999 and obtain a 2% referral fee price
- persuade others to take a position $40,000 to $74,999 and obtain a 3% referral fee price
- persuade others to take a position $75,000 to $124,999 and obtain a 4% referral fee price
- persuade others to take a position $125,000 or extra and obtain a 5% referral fee price
Be aware that referral fee price qualification standards is reset weekly.
Referral Bonuses
Mitotic Cash rewards associates who generate private referral funding income milestones with the next one-time bonuses:
- persuade others to take a position $75,000 and obtain $750
- persuade others to take a position $150,000 and obtain $1800
- persuade others to take a position $250,000 and obtain $3500
- persuade others to take a position $500,000 and obtain $7500
- persuade others to take a position $750,000 and obtain $12,500
- persuade others to take a position $1,000,000 and obtain $20,000
Residual Commissions
Mitotic Cash pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary crew, break up into two sides (left and proper):
The primary stage of the binary crew homes two positions. The second stage of the binary crew is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary crew are generated as required, with every new stage housing twice as many positions because the earlier stage.
Positions within the binary crew are stuffed through direct and oblique recruitment of associates. Be aware there isn’t a restrict to how deep a binary crew can develop.
On the finish of every day Mitotic Cash tallies up new funding quantity on each side of the binary crew.
Associates are paid 9% of recent funding on their weaker binary crew aspect, topic to the next cap standards:
- Eco funding tier associates can earn as much as $900 in residual commissions a day
- Lite funding tier associates can earn as much as $4500 in residual commissions a day
- Prime funding tier associates can earn as much as $9000 in residual commissions a day
- Premium funding tier associates can earn as much as $10,000 in residual commissions a day
Tree Bonus
Mitotic Cash rewards associates for constructing a downline by means of the Tree Bonus.
The Tree Bonus tracks straight and not directly recruited associates positioned into the binary crew:
- generate 150 recruited associates on each side of your binary crew and obtain $500
- generate 300 recruited associates on each side of your binary crew and obtain $1000
- generate 450 recruited associates on each side of your binary crew and obtain $2500
- generate 600 recruited associates on each side of your binary crew and obtain $5000
- generate 750 recruited associates on each side of your binary crew and obtain $7500
- generate 1000+ recruited associates on each side of your binary crew and obtain $12,000
Fortnight Mania
Fortnight Mania has a 15 week bonus qualification interval that begins firstly of each month.
- make investments at the very least $750 and generate $100,000 in downline funding to obtain a 1% referral fee bonus and $750 gifted funding
- make investments at the very least $2000 and generate $150,000 in downline funding to obtain a 2% referral fee bonus and $1250 gifted funding
- make investments at the very least $4000 and generate $225,000 in downline funding to obtain a 3% referral fee bonus and $2500 gifted funding
- make investments at the very least $8000 and generate $350,000 in downline funding to obtain a 4% referral fee bonus and $6000 gifted funding
- make investments at the very least $15,000 and generate $600,000 in downline funding to obtain a 5% referral commision bonus and $10,000 gifted funding
“Gifted funding” is an funding quantity added to a Mitotic Cash affiliate’s present funding steadiness.
Management Packages
Mitotic Cash presents “Management Packages”. These applications have a payment and supply entry to monetary advantages.
- Marketer – pay $10,000 and obtain a $7500 gifted funding, 1% bonus on MLM commissions and bonuses and 50 Loyalty Factors
- Govt – pay $20,000 and obtain a $16,000 gifted funding, 2% bonus on MLM commissions and bonuses and 100 Loyalty Factors
- Franchisee – pay $50,000 and obtain a $45,000 gifted funding, 3% bonus on MLM commissions and bonuses and 200 Loyalty Factors
Loyalty Factors
Mitotic Cash associates earn Loyalty Factors on their very own funding:
- make investments on the Eco tier for a 125 days and obtain 10 Loyalty Factors
- make investments on the Eco tier for a 145 days and obtain 15 Loyalty Factors
- make investments on the Eco tier for a 165 days and obtain 20 Loyalty Factors
- make investments on the Lite tier for a 125 days and obtain 20 Loyalty Factors
- make investments on the Lite tier for a 145 days and obtain 30 Loyalty Factors
- make investments on the Lite tier for a 165 days and obtain 40 Loyalty Factors
- make investments on the Prime tier for a 125 days and obtain 40 Loyalty Factors
- make investments on the Prime tier for a 145 days and obtain 60 Loyalty Factors
- make investments on the Prime tier for a 165 days and obtain 80 Loyalty Factors
- make investments on the Premium tier for a 175 days and obtain 150 Loyalty Factors
5 Loyalty Factors are additionally rewarded per personally recruited affiliate who invests (any quantity).
Mitotic Cash associates can trade Loyalty Factors for money at a price of 10 Loyalty Factors = $1.
Barrier Funding
Barrier Funding permits associates to take a position $200 or extra in cryptocurrency. That is accomplished on the promise of a 4.5% to 14.5% month-to-month return.
Barrier funding by Mitotic Cash allows you to retailer all of your Cryptocurrencies in our Mitotic Cash barrier pockets.
Rightly referred to as so this pockets acts as a barrier to the speculations arising within the currencies.
Any downward hypothesis in crypto is not going to trigger a decline in your funds.
Mitotic Cash associates can make investments cryptocurrency in Barrier Funding for as much as 360 days.
- day 1 to 30 pays 4.5%
- days 31 to 60 pays 5%
- days 61 to 90 pays 5.5%
- days 91 to 120 pays 6.25%
- days 121 to 150 pays 7%
- days 151 to 180 pays 7.75%
- days 181 to 210 pays 8.75%
- days 211 to 240 pays 9.75%
- days 241 to 270 pays 10.75%
- days 271 to 300 pays 12%
- days 301 to 330 pays 13.25%
- days 331 to 360 pays 14.5%
If an affiliate withdraws their funds on the finish of any interval the ROI price counter resets again to day 1 to 30.
Becoming a member of Mitotic Cash
Mitotic Cash affiliate membership is free.
Full participation within the connected earnings alternative requires a minimal $60 funding.
Mitotic Cash solicits funding in varied cryptocurrencies.
Mitotic Cash Conclusion
Realistically the introduction of this evaluate ought to have set off sufficient due-diligence alarm bells.
If for some unusual cause actor executives and shell corporations didn’t deter you, let’s check out Mitotic Cash’s ROI ruse:
Mitotic Cash Investments LLC is an enthusiastic start-up by famend Foreign exchange dealer Thomas Baker.
Mitotic cash is a finely chosen and filtered group of buying and selling consultants all around the globe. We diversify all around the world working in varied nations and increasing always.
Mitotic Cash is concentrated largely on Foreign exchange & Crypto actions. Thus, they kind 73% of our whole earnings derived.
Thomas Baker doesn’t exist interval, not to mention exist as a “famend foreign exchange dealer”. Moreover, Mitotic Cash fails to supply any proof it’s engaged in buying and selling of any sort.
Acceptable proof of this may be registration with monetary regulators and periodically filed audited monetary experiences.
It is a authorized requirement resulting from Mitotic Cash’s passive funding scheme constituting a securities providing.
Shell incorporation within the US and UK just isn’t the identical as registration with monetary regulators.
By failing to register its securities providing with monetary regulators, at a minimal Mitotic Cash is committing securities fraud.
Securities fraud and MLM Ponzi schemes go hand in hand. Boris CEOs and MLM Ponzi schemes additionally go hand in hand.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Mitotic Cash of ROI withdrawal income, finally prompting a collapse.
In researching Mitotic Cash I got here throughout references to “MMedze” and “MM Coin”.
MMedze seems to be a deliberate inhouse trade. The supplied web site area in Mitotic Cash’s compensation documentation (“mitoticmoneyedze.com”), is defunct.
It’s unclear whether or not MMdze has been deserted or is but to be carried out.
Both method if MM Coin is ever launched, take it as an indication Mitotic Cash is on the breaking point.
The shitcoin exit-scam mannequin sees a Ponzi scheme launch its personal coin/token. Ultimately withdrawals are absolutely converted to the shitcoin, after which the admins do a runner.
This leaves associates bagholding a nugatory Ponzi shitcoin they will’t do something with.
The mathematics behind Ponzi schemes ensures that when and nevertheless they collapse, nearly all of individuals lose cash.
