BTC / USD
22,686.43
2.24%
(-520.15)
ETH / USD
1,631.32
2.53%
(-42.37)
XRP / USD
0.39
1.85%
(-0.01)
LTC / USD
96.55
4.46%
(-4.51)
EOS / USD
1.07
2.99%
(-0.03)
BCH / USD
130.24
3.5%
(-4.72)
ADA / USD
0.39
2.36%
(-0.01)
XLM / USD
0.09
2.19%
(-0)
NEO / USD
9.24
1.26%
(+0.12)
XEM / USD
0.04
4.67%
(-0)
DASH / USD
62.99
3.74%
(-2.45)
USDT / USD
1.00
0%
(0)
BNB / USD
322.76
2.37%
(-7.84)
QTUM / USD
2.98
0.88%
(+0.03)
XVG / USD
0.00
2.68%
(-0)
ONT / USD
0.23
4.43%
(-0.01)
ZEC / USD
44.28
4.59%
(-2.13)
STEEM / USD
0.22
4.08%
(-0.01)

BNB Robot – Scam Review

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BNB Robot’s website does not provide information about the company’s ownership or executives.

On April 26, 2022, BNB Robot’s website domain (“bnbrobot.io”) was privately registered. A robot voice narrates marketing videos on BNB Robot’s official YouTube account.

BNB Robot posted a video named “BNB Robot Corporate Intro” on May 24th.

The film includes Ron Cartey, CEO of BNB Robot, and Daniel Schwartz, COO.

AT Group, a corporate consultancy business located in Thailand was founded by Cartey. AT Group’s website receives minimal traffic, and the company’s official Facebook profile was deactivated in 2015.

Carey now resides in Pattaya, Thailand. Carey was a guest speaker at a Rotary Club meeting in May.

Incoming Vice-President and Secretary Rotarian Ron Cartey delivered a beautiful speech on his life and topics in his career as a motivational speaker/coach that truly meant a to him.

Daniel Schwartz is based in Thailand as well. Schwartz was originally featured on BehindMLM in 2018 as the Chairman and CEO of 3T Networks.

3T Networks was a shady cryptocurrency scam rife with securities fraud.

Ron Carter is listed as 3T Networks’ Chief Business Development Officer in a December 2020 Pattaya Mail story.

Carey was giving a discussion at an ex-pat club about “how not to be separated from your money.”

3T Network, like many frauds, eventually failed. Carey and Schwartz reunited in early 2022 to start Elef World.

Elef World was an NFT grift Ponzi scheme based on the Elef Token. According to rumors, Elef World has already stagnated and/or failed.

Carey and Schwartz’s deception dates back many years. The first Ponzi I was able to connect the pair to was YoCoin in 2016.

YoCoin’s COO and VP of International Business Development, respectively, were Schwartz and Cartey.

Continue reading for a thorough examination of BNB Robot’s MLM possibility.

Products by BNB Robot
BNB Robot does not sell any items or services.

Affiliates can only promote BNB Robot affiliate membership.

The Compensation Plan of BNB Robot
Affiliates of BNB Robot invest in Binance Coin (BNB). This is done with the promise of a passive daily ROI of “up to 4%.”

The MLM aspect of BNB Robot is based on the recruiting of affiliate investors.

BNB Robot pays referral commissions via a one-level incentive scheme.

In a unilevel compensation system, an affiliate is put at the head of a unilevel team, with every individually recruited affiliate placed right under them (level 1):

If any level 1 affiliates acquire new affiliates, they are assigned to the original affiliate’s unilevel team at level 2.

If any level 2 affiliates recruit new affiliates, they are promoted to level 3, and so on for an unlimited number of levels.

Referral commissions are limited to five billable unilevel team levels by BNB Robot.

Referral commissions are provided as a percentage of invested BNB at the following five levels:

7% level 1 (personally recruited affiliates) 4% level 2 4% 3 – 3% level 4 – 2% level Matching ROI of 5 to 1%
BNB Robot matches passive earnings made to downline affiliates.

The same unilevel team as for referral commissions is employed, however this time the number of levels is limited to fifteen:

level 1 – 25% level 2 – 20% level 3 – 15% level 4 – 10% level 5 – 8% values of 6 to 10 – 6% 11 to 15 – 4%
Bonus for Rank Achievement
BNB Robot awards affiliates with a Rank Achievement Bonus for getting others to invest:

Bronze – persuade others to invest 500 BNB for 0.5% Silver – persuade others to invest 1000 BNB for 1% Gold – persuade others to invest 2500 BNB for 2% Platinum – persuade others to invest 5000 BNB for 3% Diamond – persuade others to invest 10,000 BNB for 4%
It’s not apparent what the Rank Achievement Bonus percentages are based on.

Participating in BNB Robot
BNB Robot affiliate membership is completely free.

The website of BNB Robot does not specify a minimum BNB investment amount.

Conclusion of Robot BNB
The latest Ponzi scam from serial crooks hiding out in Thailand is BNB Robot.

BNB Robot claims to gain external revenue through trading:

Which, considering the founders’ history of Ponzi scams, is nonsense.

BNB Robot bills itself as “BNB Robot 2.0,” implying that the previous incarnation of the Ponzi scam has already failed.

On July 1st, BNB Robot represented version 2.0, which went live:

Unless I’m mistaken, BNB Robot 2.0 has already failed:

Between July 10th and July 14th, 82.4 BNB were put into BNB Robot, totaling about $19,600.

That sum was then depleted between July 14th and July 18th, effectively ending the Ponzi fraud.

For a Ponzi scam, eight days is rather short.

Given that Cartey and Schwartz haven’t been able to stop scamming for the previous six years or so, I’m sure we’ll see a new crypto scam from them by the end of the year.

Math has ensured that the majority of participants in every Ponzi scheme they’ve either engaged in or operated have lost money. BNB Robot is no exception. And neither will their next deception.

12th of August 2022 – Dan Schwartz has surfaced in the comments below to say that he and Cartey were merely stooges for an Indian team of fraudsters.

The group of scammers, led by Shamik Kundu, has relaunched BNB Robot as QunoMine.

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