EazyBot does not reveal who owns or manages the company on its website. EazyBot’s website, as I write this, is nothing more than an affiliate login form. Eazybot.com was registered in 2018 as the domain name for the EazyBot website.
It was last updated on December 23, 2021, with an incomplete Dubai, UAE address. Dubai is the world’s center for multi-level marketing fraud. Mohamed Omer Ali claims to be the company’s founder and CEO, according to new information.
Ali claims to have “worked in the elevators and escalators new installation industry” before becoming a crypto bro. I was unable to discover Ali’s involvement with multi-level marketing. According to Alexa, EazyBot’s website currently receives most of its traffic from the United States, 39 percent.
Don’t join or hand over any money to an MLM company unless they are completely transparent about who owns and runs it. The products of EazyBot EazyBot does not offer any commercially available goods or services.
Only the EazyBot affiliate membership can be promoted by affiliates. Compensation for EazyBot. EazyBot sells access to a cryptocurrency trading bot via its website. Trade two cryptocurrencies for free on the same exchange. For novice traders, $250 a year gets you up to ten coins on up to two exchanges.
For $995 per year, Pro VIPs can trade any approved coin on up to five exchanges, as long as those exchanges are approved. Tether is the preferred method of payment (USDT). In order to become an EazyBot affiliate, you must make a minimum investment of $600 in the bot per coin.
You should be aware that EazyBot does not provide a list of coins that are allowed for trading. Updated on March 13th, 2022: An EazyBot marketing video has been shared in the comments below by a reader who reveals tradeable coins.
This list includes tron, ripple, cardano, dogecoin, litecoin, uniswap, and luna as well as ethereum and chainlink. /stop updating EazyBot charges ongoing ROI fees in addition to subscription fees. Affiliates in the free tier pay a 30% fee.
Affiliates on the Pro VIP and Novice tiers pay 20% each. EazyBot’s MLM division compensates affiliates for the subscriptions they bring in. Commissions and bonuses are assumed to be paid in USDT, though this has not been explicitly stated.
Affiliates of EazyBot rank highly. EazyBot has a twelve-tiered compensation plan. They are as follows, along with their respective qualifications: Sign up as an EazyBot affiliate and recruit three other people who each invest at least $600 in the bot as Affiliate Coaches.
Recruit and maintain one affiliate coach for the M1 Trainer Program. Hire and keep two affiliate coaches as part of the M2 Coach program. Three Affiliate Coaches are required for a “Super Affiliate.” Attract and keep one super affiliate as an M1.
Attract and keep two super affiliates for M2. It’s up to you to bring in three Super Affiliates and keep them happy. Becoming and maintaining four Super Affiliates for M3 is the goal of this program. Five Super Affiliates must be found and retained. You can become a Champion Affiliate if you have five M5 Super Affiliates in your downline (personally recruited or not) and generate and maintain a total downline bot investment volume of $500,000! a Crown Affiliate if you have a Champion Affiliate in five separate downline legs (which can be personally recruited or otherwise), and generate and maintain $1,000,000 in total downline bot investment volume.
Commissions for referrals EazyBot pays referral fees down to the second and third tiers of the hiring process (unilevel). Referral commissions are paid as a percentage of the subscription fees paid by Novice and Pro VIP affiliates. Levels 0 and 1 (personally recruited affiliates) 10% Revenue Sharing Commissions at Level 2 Those who have personally recruited affiliates are paid an 8% commission on the ROI fees they collect.
Rank and personal recruitment criteria can increase this by up to twenty levels. Levels 1 and 2 can be unlocked by recruiting one affiliate. Levels 1 to 4 are unlocked by recruiting two affiliates. Unlock the first six levels by recruiting three affiliates. For the first eight levels, you must have four affiliates.
Levels 1 to 10 can be unlocked by recruiting five affiliates. Unlock all levels from 1-12 by recruiting six affiliates. You must recruit eight affiliates to reach the first 14 levels by recruiting seven affiliates. Levels 1–18 can be unlocked by recruiting a total of nine affiliates. Recruit ten affiliates to unlock the first ten levels of Affiliate Coaches’ commissions.
In the first through fifth grades, 8% of the students were 1% on levels 6 to 10. M1 Coaches earn ROI Fee Commissions on their personally recruited Affiliate Coach downline down fifteen levels. On levels 1 to 5, 8 percent of M2 Coaches’ two personally recruited Affiliate Coach downlines earn ROI Fee Commissions; on levels 6 to 15, 1 percent. In the first through fifth grades, 8% of the students were From 6 to 15, 1% of the population, ROI Fee Commissions are earned at the fifteen levels of recruitment by Super Affiliates on all Affiliate Coach downlines they personally recruit.
In the first through fifth grades, 8% of the students were 1% of M1 levels from 6 to 15 Their personal Super Affiliate downline is rewarded with ROI Fee Commissions for a total of eighteen levels of recruitment by the Super Affiliates themselves (Affiliate Coach downlines remain at fifteen levels). In the first through fifth grades, 8% of the students were Only 1% of all M2 levels from 6 to 18 The ROI Fee Commissions earned by Super Affiliates on their two personally recruited Super Affiliate downlines can be traced back to a total of eighteen levels of recruitment (Affiliate Coach downlines remain at fifteen levels). For all of their personally recruited Super Affiliates, M3 Super Affiliates receive ROI Fee Commissions down to a total of 18 levels of recruitment (Affiliate Coach downlines remain at fifteen levels).
On their first four personally recruited Super Affiliate downlines, M4 Super Affiliates receive ROI Fee Commissions down twenty levels of recruitment (remaining Super Affiliate downlines are paid eighteen levels, while Affiliate Coach downlines remain at fifteen levels). Individually-recruited M5 Super Affiliate downlines will receive ROI Fee Commissions for up to twenty levels of recruitment (Affiliate Coach downlines remain at fifteen levels).
Matching ROI fees and commissions: For every 8% of ROI Fee Commissions paid down to two levels of recruitment, EazyBot pays an 8% check match. 8% of the ROI Fee is matchedCommission at the first level third-party commission match for level 2. ROI Fee The Revenue Pool of the Global Champions EazyBot contributes to the Global Champions Revenue Pool by contributing 3% of monthly subscription revenue. As a result of their participation in the Global Champions Revenue Pool, Champion Affiliates are paid each month for their contributions.
A Champion Affiliate is entitled to one share of the Global Crown Revenue Pool for every additional downline leg that has an M5 Super Affiliate in excess of your rank-required five legs. The Global Crown Revenue Pool receives 2% of EazyBot’s monthly subscription revenue. There is a monthly payment to Crown Affiliates for a share of the Global Champions Revenue Pool. Each additional downline leg with a Champion Affiliate after your rank-required five legs generates one additional share of the Founders Club, qualifying you as a Crown Affiliate.
EazyBot contributes to the Founders Club by contributing 5% of monthly subscription revenue. Each of the first 1,000 EazyBot affiliates to join the Founders Club pool will receive an equal share. At the Pro VIP tier, you’ll be able to sign up and qualify for the Super Affiliate program.
Making use of EazyBot There are three levels of EazyBot affiliate membership available: free of charge. Beginner – $225 per year An annual subscription to Pro VIP is available for $995. Increased income potential comes with increased spending by EazyBot affiliates. The conclusion of EazyBot There appears to be a flood of low-cost trading bots flooding the MLM underbelly with EazyBot.
Because Mohamed Omer Ali didn’t just code a trading bot out of thin air, it’s obvious that he’s collaborating with others. Dubai is an ideal location for this kind of scam. In addition to being EazyBot’s top source of traffic, the majority of the promotion I saw was coming from the United States. EazyBot is a typical MLM trading bot scheme. To use EazyBot’s bot, affiliates must first sign up, pay a fee (or face higher ROI fees), and then link their trading account to the bot. EazyBot’s opportunity is a securities offering because of the passive nature of the generated returns.
In the United States, neither EazyBot nor Mohamed Omer Ali have an SEC registration number. Or, for that matter, any jurisdiction’s financial regulator. At the very least, EazyBot is guilty of securities fraud. Ponzi logic also fails the EazyBot business model. No one who has a bot worth their salt is going to give it away for nothing.
Even if EazyBot’s bot turns out to be everything they claimed, it’s better to run it quietly with your own funds rather than risk customer support and regulatory scrutiny. Despite this, we’re still here. According to us, EazyBot is a “lulz can’t touch our money!” scheme. Investors are misled into believing that their money is safe, when in reality, the owner of the bot has complete control over the funds.
What a load of bullshit! Exit scams typically involve blowing up the bot or manipulating the trades. Trades that benefit the administrator are executed in both scenarios. A variety of exit-scam excuses are offered to investors, and the end result is that investors’ accounts are empty. Because it’s a crypto bot, it’s possible that investors will be left with a random shitcoin in their wallets after investing.
EazyBot’s MLM program is structured as a pyramid scheme, with compensation based on the number of new affiliates who sign up and pay a yearly fee.
Most MLM trading bot schemes fail within a few months of being launched. Even if EazyBot succeeds, security fraud, pyramid fraud, and allowing scammers in Dubai to access your money are still issues.
Meta Utopia- Crook Review
A few days ago, we put out its review of Meta Utopia.
“Metaverse” MLM crypto Ponzi scheme that isn’t very interesting on its own.
As part of our research, we found a link between Nicholas Coppola and the man who started the Ponzi scheme.
Or rather, he did it through an Instagram story that has since been deleted:
Coppola wasn’t happy about being linked to Meta Utopia in public, it turns out. He only wants to hide the fact that he is a crypto-bro Ponzi scammer.
Today, Nicholas Coppola joins the DMCA Wall of Shame.
Over the past 24 hours, “Dincer Odabasi” from “Copyright Support” has sent us two emails. Nicholas Coppola’s emails were sent on his behalf.
Copyright Support says on its poorly made website that it will
Negative or damaging news that can be found on the Internet and in Google search results should be taken down for good.
In his first email, Odabasi tries to pull the old “right to be forgotten” scam.
Because of the right to be forgotten and because of the privacy clause, we want the content to be blocked.
We tried to get in touch with the website that posted the content, but we didn’t hear back. So, we give you the content and ask you to turn it off.
As everyone knows, according to the first paragraph of Article 9 of Law No. 5651 on the Regulation of Broadcasts Made on the Internet and Combating Crimes Committed Through These Broadcasts, if they can’t get to it, they can send a warning to the hosting provider and ask that the content be taken down.
Again, the second paragraph of the same article says that “the content and/or hosting provider must respond to requests from people who say their personal rights have been violated by the content of an online broadcast within twenty-four hours at the latest.”
We want the case that was filed on our behalf to be taken care of. Because of the European right to be forgotten and the privacy of private life, we have the right to limit access to content.
Please note that we’re asking you to take down the content because we’ve tried to reach the owner but haven’t heard back. That’s why we want and need you to take it down.”
This is a form letter that con artists send out. I know that because Odabasi put the same notice to Amazon from another email about a different website and client (ruhroh GDPR fail) into the body of the email he sent me.
In any case, the “Right to be Forgotten” law in Europe is used by scammers to hide their pasts, no matter how good the lawmakers’ intentions may have been at first.
The Right to be Forgotten is not part of EU law, so we don’t recognise it. Also, it takes four days from the date of publication until a right-to-be-forgotten takedown notice is sent.
Odabasi went on to say that Turkish law had something to do with the US, which was not true.
Due to the Right to be Forgotten and the USA Legal Content Removal Request Pursuant to Law No. 5651, we can’t take down the content we told you about because it’s in the Constitution.
“The Right to be Forgotten and the USA Legal Content Removal Request” is not a thing, even if that sentence makes no sense. It’s not true at all.
Turkey passed Law No. 5651 in the year 2020. It only happens in Turkey and has nothing to do with the United States.
Odabasi sent another email a few hours after the first one. This time, he threatened to take action because of copyright issues.
“We want you to remove any content that reveals personal information about our representative.
If you don’t get rid of the news content, we will file a copyright claim with your hosting company, Google.
I’d like you to put the story away, please.
TEAM OF SUPPORT FOR COPYRIGHT”
As our Policy says, we often use “third-party logos and images,” which is allowed by US copyright law through “fair use.”
We don’t need permission from the people who own the rights to the images we use in our MLM news and reviews. Period.
The DMCA takedown process is being abused when fair use isn’t taken into account and a fake DMCA is filed. Not only will it not work, but the person who submitted it is lying.
Even though it’s clear that Copyright Support doesn’t care about the law, it’s still important to point out their hypocrisy.
Scam businesses like Copyright Support depend on the fact that the publisher or service provider they are after doesn’t know what they are doing.
Nicholas Coppola has publicly linked himself to Meta Utopia and is involved enough to be close to the Ponzi scheme’s founder, who has not yet been named.
It is not against any US law to publish this information with proof attached.
Update, July 2, 2022: Dincer Odabasi is now committing twice as much DMCA fraud as he was before.
Odabasi sent Google a “court order” on June 28 that says the same thing: “It’s against the law to search for scammers!” Stupid, but it also says this:
Based on the privacy clause of private life and the court document we will send you, we want the content to be taken down from publication and blocked from access.”
Odabasi is saying that a Turkish law is a “court document” that keeps scammers from telling the rest of the world. Oh dear.
Laetitude- Crook Review
Investors such as Laetitutde and Swapoo are circumspect on issues affecting investor wallets and active investments.
According to a Latitude News report dated August 13th, You have gotten one or two emails from Swapoo in the past several days, which also affects our Laetitude members.
Due to the continued strong relationship between Swapoo and Laetitude, we can guarantee that these changes will not affect your Laetitude accounts. Latitude will continue to operate as usual.
The alterations made by Swapoo will have an effect on the wallet and the bots. However, we are aware that wherever there are obstacles and closed doors, new doors will emerge to provide opportunities for greater success.
Swapoo is merely adjusting to the ever-changing regulatory environment and market situations.
The details of the e-mails sent are kept confidential. I have not encountered any examples in nature.
Regarding “evolving regulatory landscapes,” Laetitude is a Ponzi scheme operated by Swapoo.
David El Dib operates Laetitude from Dubai, the center of MLM fraud. Swapoo is run by Dave Martin, who is from the Philippines.El Dib and Martin have both established themselves on the BitClub Network.
The investigation by the Department of Justice found BitClub Network to be a $722 million Ponzi scheme. The founders of BitClub Network were arrested in 2019.
El Dib and Martin commit securities fraud and operate their own Ponzi scheme through Laetitude and Swapoo. The regulation of securities is not novel. For decades, every nation with a financial market has regulated securities fraud.
The Ponzi fraud announced a remedy for lost Swapoo wallets in a follow-up “Laetitude News” post dated August 26;
As you are likely aware, Laetitude no longer utilizes Swapoo for secure wallet services. As a result, we have recently implemented the ability to fund, purchase, and withdraw directly within Laetitude.
In light of this, we would like to encourage you to login and withdraw your balance as soon as possible, and to continue withdrawing your balance as your compensation earnings increase.
Laetitude lacks the two-factor authentication security offered by Swapoo, so it is essential that you protect your account with a formidable password. Again, what is occurring behind the scenes is kept secret.
The only clue I could locate was a query posted two weeks ago on Swapoo’s most recent Instagram post.
Swapoo has not published any new social media updates since July 30. This date also marked the last Facebook update posted by Laetitude.
The lack of visitors to both Laetitude and Swapoo suggests that the Ponzi scheme is running out of money to pay investment withdrawals.
The Philippine Securities and Exchange Commission is one of the most active securities regulators worldwide.
It is unclear whether they have anything to do with Swapoo’s issues.
Whatever else is occurring, it is rare for wallets to be abruptly shut off and placed up as unsecured in-house assets.
Keep up to date on any future developments.
GSPartners- Crook Review
GSPartners has dropped its claim of harassment against Chris Saunders. Saunders is the owner and operator of the YouTube channel Grit Grind Gold, which he uses to critique and report on the GSPartners Ponzi scheme.
In late January 2021, Saunders was sued for harassment by owner Josip Heit and promoters Michael Dalcoe and Antonio (Tony) Euclides Menesis De Gouveia.
Heit and the GSPartners Plaintiffs alleged that Sunders’ videos about the Ponzi scheme were defamatory.
Additionally, Heit took offense when Saunders pointed out his position in Karatbars International’s collapsed KBC Ponzi scheme.
GSB Gold Standard Corporation AG, Josip Heit, Michael Dalcoe, and Tony De Gouveia submitted a dismissal stipulation on July 29.
Christopher Saunders, the defendant, executed a declaration in connection with the aforementioned case on July 29, 2022.
Plaintiffs GSB Gold Standard Corporation AG, Josip Heit, Antonio Euclides Menesis De Gouveia, and Michael Dalcoe, by counsel and with the signature and agreement of counsel for Defendant Christopher Saunders, stipulate to the dismissal without prejudice of all claims in this matter pursuant to the Saunders’ Declaration.
The aforementioned stipulation from Saunders proves that he was granted permission.
Mr. Ovidu Toma in relation to the Plaintiffs’ assertions and declarations. Since January 2020, Mr. Ovidu Toma has provided me with evidence of Mr. Harald Seiz’s alleged involvement in Karatbars’ wrongful conduct.
“Ovidu Toma” refers to Ovidiu Toma, the former Chief Technology Officer of Karatbars International.
Today, Toma serves as the CEO of CryptoData. Romania-based CryptoData sells encryption hardware.
To return to Saunder’s assertion: I was aware, based on first-hand knowledge of facts and documents, that any alleged wrongdoing committed by Karatbars in relation to its Miami crypto bank and the issuance of KBC/KBC tokens was committed by Karatbars’ CEO, Mr. Harald Seiz, and that said wrongdoing was committed prior to any affiliation between Karatbars and GSB/Mr. Heit.
This is an odd concession to provide. Heit was the public face of Karatbars’ initial excursion into crypto-asset fraud. In an April 2019 interview, Seiz is referred to as a “major investor and board member” of Karatbars International. In Dubai, Karatbars was selling a “blockchain phone” at the time. When challenged about his remarks on the occasion, he responded, and I quote, ” You mentioned the KBC coin.
You stated that it is probable that it is one kilogram of gold. Is this truly a possibility? Heit reacted. Yes, of course it’s feasible. Nobody believes that many individuals perceive, at the appropriate moment, that they can join us.
We currently have a market valuation of approximately $300 million as of the previous week or two weeks. And now there are about a billion of us.
Is it not yet understood?
And when the mainnet is implemented, which will occur very soon, within a few months we will have a market capitalization of over $200 billion. After months of Heit and Seiz promoting Karatbars’ KBC, the KBC Ponzi coin dropped 62% following the hype event on July 4, 2019.
Heit, not Harald Seiz, was sent to address and explain the collapse to irate investors. KBC continued to leak throughout the subsequent months until it was eventually abandoned.
Heit had cashed out, left Karatbars, and launched his own Ponzi offshoot, GSPartners, before the end of 2019. The GSPartners Ponzi coins have performed no better than those of KBC.
G999 is supported by wash trading, which I believe is steadily depleting GSPartners’ second Ponzi scheme, LYS. G999 is being washed at approximately 0.002413. At $66.78, LYS continues to drain.
GEUR was launched earlier this month as a result of the continuous failure of G999 and LYS to take off. GSPartners and Heit symbolize the euro-pegged GEUR currency. It is thought that GEUR was developed because GSPartners investors no longer desired to hold G999 and LYS.
GEUR does not exist outside of GSPartners as of the publication date. GSPartners uses GEUR to support its most recent 300% ROI Ponzi scheme, metaverse certificates.
In the event that GSPartners and Saunders achieved a settlement, it has not been made public. Other than wrongly saying that Heit was not involved in the Karatbars KBC scam, Saunders has not recanted any of his GSPartners-related statements.
The court authorized the GSPartners plaintiff’s Stipulation of Dismissal on August 2nd. This concludes GSPartner’s harassment lawsuit against Saunders.
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