Panthera Commerce Applied sciences owns the area title AutoTrade Gold, even supposing the corporate calls itself AutoTrade Gold.
“AutoTrade Gold API platform” is supposedly out there from Panthera Commerce Applied sciences. Claims: Panthera Commerce Applied sciences says it is “considered one of LegoMarket’s introducing brokers.” A Saint Vincent and the Grenadines-based firm,
LegoMarket LLC, is a shell firm. Licensed AutoTrade Gold accounts are bought by Pansaka, a third-party firm. P.T.P. Pansaky Berdikari Bersama” is the title given to the corporate on its web site. On condition that… Registration for AutoTrade Gold associates is dealt with by Pansaka, and customer support for AutoTrade Gold is dealt with by Panthera Commerce Applied sciences… Virtually definitely, Panthera Commerce Applied sciences and Pansaka are run by the identical individual or group.
AutoTrade Gold, Panthera Commerce Applied sciences, and Pansaka don’t disclose the corporate’s possession. The Pansaka web site is hosted on an Indonesian IP handle. There’s a robust risk that the individual behind AutoTrade Gold has Indonesian ties, however this is not conclusive. A non-public registration of Panthera Commerce Applied sciences’ web site area, “pantheratrade.stay,” was made on June 3, 2021.
On December seventh, 2020, Pansaka’s web site area (pansaka.co.id) was privately registered. In response to Alexa, the USA is the first supply of visitors for Panthera Commerce Applied sciences and Pansaka’s web sites as of this writing (50 p.c and 46 p.c respectively).
Indonesia is the one different important supply of visitors, accounting for 38% and 44% of all visitors. On this respect, AutoTrade Gold’s Indonesian ties are confirmed. Nonetheless, the US’s visitors dominance stays a thriller. If an MLM firm doesn’t let you know who runs or owns it, it’s best to assume twice earlier than becoming a member of or handing over any cash.
The Merchandise of AutoTrade Gold. AutoTrade Gold doesn’t provide any services or products that may be resold. With a purpose to promote AutoTrade Gold, associates can solely promote the membership itself. As part of AutoTrade Gold’s Compensation Plan AutoTrade Gold’s buying and selling bot is obtainable to AutoTrade Gold associates for a price. Those that pay $112 for a license are allowed to commerce between $100 and $500. Those that pay $224 for the second license can commerce between $100 and $5000. For those who pay $560 for the third license, you may commerce between $100 and $30,000. License 4 – for $2800, you may commerce from $100 to $1,000,000 in order for you. License 5 – for $3920, you may commerce as much as $1,000,000 or extra on the inventory market.
It’s best to know that though USD quantities are proven, all funds inside AutoTrade Gold and its affiliated firms are made in cryptocurrency. On the MLM facet of AutoTrade Gold, associates are paid primarily based on how a lot cash they commerce. Within the rankings, AutoTrade Gold Associates It is doable to earn cash as an AutoTrade Gold affiliate in any considered one of 5 methods.
Along with their respective necessities, they’re as follows: AutoTrade Gold Sub IB Accomplice – make investments a minimum of $3000, and personally recruit a minimum of twenty associates who collectively make investments a minimum of $30,000 in AutoTrade No less than $7500 should be invested and a minimum of thirty-five associates should be personally recruited, all of whom will need to have invested a minimum of $75,000 collectively.
There are three ranges of funding: IB – a minimal funding of $15,000; MIB – a minimal funding of $250,000; and IB – a minimal funding of $15,000; and IB – a minimal funding of $50,000; and IB – a minimal funding of $50,000; and MIB – a minimum of $250,000;
Commissions for referring new clients Unilevel compensation is used for AutoTrade Gold’s referral commissions. When an affiliate recruits’ new members, they’re positioned on the high of their unilevel staff (stage 1), and every new member is positioned immediately below them (stage 2). There aren’t any stage 2 positions for any stage 1 associates who herald new members to their unilevel staff.
So long as any stage 2 associates recruit different stage 2 associates, they’re positioned on the subsequent stage and so forth and so forth down a theoretical infinite variety of ranges There are not more than 4 paid unilevel staff ranges in AutoTrade Gold. Relying in your place, it’s possible you’ll be eligible to obtain a referral fee at any one of many following 4 ranges: Degree 1 Sub IB associates earn 20% and stage 2 Sub IB associates earn a ten% fee. IBs are paid 20% on stage 1 and 10% on ranges 2 and three for his or her companies.
On stage 1, MIBs are paid 20%, and on ranges 2 to 4, they’re paid 10%. Charges paid by AutoTrade Gold associates are additionally used to generate enterprise. On this quantity, it isn’t clear if commissions might be paid out. With a purpose to change into an AutoTrade Gold AutoTrade Gold affiliate, you could pay a $112 to $3920 license price. License 1 prices $112, License 2 prices $224, License 3 prices $560, and License 4 prices $2800, respectively. 5 – $3920 With a purpose to earn more cash as an AutoTrade Gold affiliate, you could pay extra in license charges.
AutoTrade Gold’s revenue alternative requires a Pansaka and Panthera Commerce Applied sciences account to take part totally. AutoTrade Gold’s cryptocurrency funds are additionally value noting.
It is a typical “lulz cannot contact our cash” Ponzi scheme, run by Pansaka and Panthera Commerce Applied sciences. An unknown individual has created a buying and selling bot that claims to make 15% a month by buying and selling in gold. Nobody on the planet is promoting you entry to a bot that returns 15% a month for as little as $112.
Anybody who’s operating AutoTrade Gold could be making some huge cash in the event that they have been capable of persistently generate 15% a month. That is not going to occur, for causes that must be apparent.
Utilizing the time period “the gold market,” AutoTrade Gold claims to generate income via buying and selling. Sooner or later, it’s anticipated that this might be expanded to incorporate cryptocurrency, oil, and overseas forex buying and selling. Trades are usually not proven to have taken place in any approach (the one acceptable proof could be audited monetary reviews). A “lulz cannot contact our cash” Ponzi scheme depends on rigged trades as its basis. This creates the impression that associates are being paid till new funding ceases. This causes a collapse that ends in all trades being rigged in favor of AutoTrade Gold’s administrator at this level.
Affiliate accounts are cleaned throughout this process. If the bot was hacked or malfunctioned, this exit-scam is often accompanied by a message that claims so.
I might wish to level out that AutoTrade Gold is pretending to be legit via LegoMarket LLC. The NFA’s primary registration for LegoMarket is meaningless. And one more meaningless registration with the ASIC. For one factor, LegoMarket is an nameless shell firm that’s registered in an unreliable jurisdiction and more than likely has faux data. Fundamental registration with the NFA by LegoMarket has no impact as a result of it doesn’t handle AutoTrade Gold’s standing as an unregistered safety providing The ASIC registration of LegoMarket is of no significance.
Monetary disclosures haven’t but been made, and AutoTrade Gold shouldn’t be actively soliciting funding from Australians. In Australia, LegoMarket is registered as “LEGO MARKET LLC PTY LTD,” a shell firm. A primary incorporation anyplace is of no use for due diligence. AutoTrade Gold and its associates should be registered with monetary regulators in each the USA and Indonesia, that are its major sources of latest funding. In the USA, that is the Securities and Change Fee. Securities in Indonesia are overseen by the Monetary Companies Authority.
Because of its “lulz cannot contact our cash” Ponzi scheme, neither AutoTrade Gold nor its related firms are registered with the SEC and FSA. So long as AutoTrade Gold is not registered, you are still participating in securities fraud.
The arithmetic of Ponzi schemes ensures that almost all members lose cash after they fail. AutoTrade Gold associates who join Pansaka and Panthera Commerce even have to offer private data. Your ID (identification card, passport or driver’s license) and a selfie along with your ID near your face must be included within the software course of.
Moreover, AutoTrade Gold associates are susceptible to identification theft because of this. Usually, it is a dangerous concept to share your private data with folks you do not know. Ponzi schemers shouldn’t be given entry to your private data.