Recently, a reader inquired about Be’s new SageMaster auto trading product.
During my inspection, I discovered that Be had also created a new domain, making it the sixth domain to which Be had moved. They now go by Be Club as well.
Be Club is run by co-founders Monir, Moynul and Ehsaan Islam.
Co-founders Monir, Moynul, and Ehsaan Islam are in charge of Be Club. Former OneCoin fraudsters Monir and Moyn Islam. After OneCoin failed in 2017, the Islam brothers, who were originally from the UK, moved to Dubai. In 2018, the Islam brothers launched Melius, safe from the authorities looking into OneCoin.
For only $3000, Melius offered a $50,000 passive FX trading account. This was accompanied by a compensation plan for a pyramid scam.
After Melius’s collapse in early 2020, the Islam brothers decided to start again under the moniker Better Experience, which is usually abbreviated to “Be.”
Website domains from the past and now that are associated with Be include:
Regulatory fraud alerts are usually reflected in Be Club’s domain shuffles:
Be Club doesn’t provide any goods or services for sale.
Only the Be Club affiliate membership itself may be marketed by affiliates.
An automatic AI trading bot and access to a variety of courses are included with Be Club affiliate membership.
Affiliates of Be Club register and pay for their subscriptions:
For “developing countries,” Be Club also provides an alternate six-month membership price:
Be Club’s multilevel marketing division makes money by hiring affiliates who also buy memberships.
When personally recruited affiliates pay membership fees, Be Club affiliates get a 15% compensation on the sales volume.
If a Be Club affiliate hires a Gold or higher tier affiliate, their recruitment commissions are raised to 30%.
There are two places on the binary team’s initial level. These first two slots are divided into two more positions each, for a total of four positions, to create the binary team’s second level.
The binary team’s levels are created as needed, with each level holding twice as many spots as the one before it.
Affiliates are recruited both directly and indirectly to fill positions on the binary team. Keep in mind that a binary team may develop to any depth.
Be Club counts the number of new membership fees paid by both sides of the binary team at the conclusion of the week.
The amount of residual commissions is determined by the volume of downline subscription fees collected over a four-week rolling “cycle.”
GV is an acronym for “Group Volume.” GV, which Be Club refers to as “BV” in its marketing, is estimated to be between half and one-third of the actual membership fee amounts paid.
Be Club uses a unilevel compensation system to give a matching bonus.
Every individually recruited affiliate is positioned right behind the top affiliate in a unilevel pay scheme (level 1):
New affiliates are added to level 2 of the original affiliate’s unilevel team if any level 1 affiliates hire them.
Level 2 affiliates get promoted to level 3, and so on, down an almost limitless number of levels, if they bring on new affiliates.
10% of the remaining commissions from each unilevel team leg are used to pay the matching bonus.
Depending on an affiliate’s residual commission rank for the qualifying month, Be Club sets a ceiling on the Matching Bonus each leg:
Emerald and higher level affiliates get matching bonuses from Be Club.
The Matching Bonus (see “Matching Bonus” above) is paid out using the same unilevel compensation mechanism as the Matching Bonus.
When a leg contains an Emerald of a higher ranking affiliate, Be Club distinguishes generations inside each unilevel team leg.
The first generation for that leg ends with this top-ranked affiliate, and the second generation starts right after.
The second generation is capped off if there is another Emerald or higher level affiliate further down the leg. They are followed by the leg’s third generation.
The second generation of that leg goes all the way down the leg if there isn’t a second Emerald or higher level affiliate.
Be Club uses this generational structure to pay the Matching Bonus on residual commissions generated by up to four generations of the unilevel team every leg:
Keep in mind that an affiliate’s residual commission rank for the qualifying month determines the maximum amount of the Generational Matching Bonus:
The website claims to be “trusted by world-renowned brands” and to have a “diverse culture, international members,” but it offers neither concrete proof nor examples to support these claims.
Despite claiming to be “as seen on” certain platforms, the website lacks clickable links and credible source endorsements.
Phrases like “it’s never been easier to start getting paid for sharing what you love,” which are used on websites, might raise suspicions since genuine affiliate marketing requires work and is not a certain way to make quick cash.
Membership as a Be Club associate is free.
An active subscription is necessary to fully participate in the associated revenue opportunity:
For “developing countries,” Be Club also provides an alternate six-month membership price:
The Islam brothers return to their origins in securities fraud in 2024 with OneCoin and Melius, respectively.
Unlike OneCoin, Be Club is not a blatant Ponzi scam. Rather, it is more in line with Melius’ absurd “$50,000 passive forex trading account for $3000” claim.
In any case, Be Club engages in securities and commodities fraud via automated trading.
2020 be included in its memberships with a variety of third-party services. These included a business-building app, a call/chat app, a carpool app, a payment platform, and a travel savings site.
Although Be Club’s website still offers several services that are presented in an unclear manner, SageMaster is the main focus of the promotion.
The standard AI trading bot strategy is SageMaster. On SageMaster’s website, no executive or ownership information is given.
SageMaster claims on its own website that it is operated by TechHost Worldwide Inc., a shell corporation based in the British West Indies.
Everyone in Be Club is considered an affiliate as participation in the MLM opportunity requires a membership. This indicates that Be Club does not have any retail clients.
This technique deceives investors into thinking that monies cannot be stolen since they are exchanged in their own broker/exchange accounts.
This is untrue. Usually, “lulz can’t touch our money!” methods end in a fraud by manipulating transactions or blowing the bot up.
Since money is transmitted to the bot’s proprietors (the Islam brothers), rigged transactions are the most popular exit scam.
The bulk of investors in “lulz can’t touch our money!” scams, however, lose money anytime they unavoidably depart fraud. Added to it are the unavoidable losses from pyramid schemes.
The financial destruction the Islam brothers left behind with OneCoin and Melius is a perfect example of this in action.
UTrading extremely low trust score, there is a good chance that the website is a hoax. Use caution when accessing this website!
Our algorithm examined a wide range of variables when it automatically evaluated uTrading, including ownership information, location, popularity, and other elements linked to reviews, phony goods, threats, and phishing. All of the information gathered is used to generate a trust score.
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