On its website, World Trade Coal omits management and ownership details.
On August 25, 2023, World Trade Coal’s website domain (“worldtradecoal.com”) was privately registered.
World Trade Coal gives “World Trade Coal Limited” shell firm information in an effort to seem authentic.
World Trade Coal Limited was allegedly registered in Iowa on September 19, 2023, according to the certificate that was provided above.
An address in Iowa that is unrelated to World Trade Coal Limited is linked to the company’s shell.
For the purposes of MLM due diligence, these certifications are useless since fraudsters may easily create shell businesses with false information.
Additionally, World Trade Coal offers an MSB registration number and a FinCEN certificate.
Despite its connection to the shell corporation stated above, FinCEN is not a financial regulator. Similar to shell business credentials, FinCEN certificates have no significance for MLM due diligence purposes.
There are no retailable goods or services offered by World Trade Coal.
Only the World Trade Coal affiliate membership itself may be promoted by affiliates.
Affiliates of World Trade Coal make investments with the hope of earning the promised passive returns:
The simplest: spend $25 to $2500 to earn 1.5% daily for 170 days.
Please take note that World Trade Coal does not repay invested monies at maturity unless further fees are paid.
There are only two times a month that World Trade Coal allows ROI withdrawals. All withdrawal requests for World Trade Coal are subject to an 8% fee.
Recruiting affiliate investors is how World Trade Coal’s multilevel marketing business makes money.
The World Trade Coal compensation scheme has eleven affiliate levels.
They are as follows, along with their corresponding qualifying requirements:
Referral commissions are paid by World Trade Coal on money invested by affiliates who were individually recruited.
The amount of money invested by a World Trade Coal affiliate determines the referral commission rates:
World Trade Coal uses a binary compensation scheme to pay residual commissions.
An affiliate at the top of a binary team, divided into left and right sides, is compensated according to a binary pay structure:
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.
World Trade Coal calculates the new investment volume on both sides of the binary team at the conclusion of each day.
10% of the new investment volume on the weaker binary team side is used to pay residual fees.
Keep in mind that residual commissions are limited by the amount invested by a World Trade Coal affiliate:
Volume is flushed after being paid out on and compared to the stronger binary team side. The stronger binary team side retains any remaining volume.
The following one-time Rank Achievement Bonuses are given by World Trade Coal to affiliates who meet the requirements for Associate and higher positions:
In order to get extra advantages, Deluxe and above World Trade Coal associates may be required to pay fees.
It costs nothing to become an associate of World Trade Coal.
A minimum investment of $25 is required to fully participate in the associated income opportunity.
The website boasts of disrupting the global financial environment and changing the face of money in the future. Scammers often utilize such inflated claims to entice unwary people.
Limited verifiable information about the business, its employees, or its actual location is available on the website. Reputable financial sites often provide clear details about how they operate.
The website provides a number of high-risk financial services, including cryptocurrency arbitrage and flash loans, but it does not clearly comply with regulations or sufficiently describe the hazards involved.
As is typical in cryptocurrency frauds, the website advertises CLHC, its native coin. Platforms that actively advertise their own coins might raise suspicions among investors.
Testimonials from people in other nations are included on the website, however they can be faked to give it a false impression of validity.
Without hard proof of present performance, the comprehensive strategy and aspirational goals for the future, such as branching out into other industries, may be a ploy to draw in investment.
World Trade Coal offers a variety of ambiguous marketing jargon related to the coal sector.
The phrase “blockchain solutions” is used.
Taking the Coal Industry to New Horizons with Advanced Blockchain Technologies.
but doesn’t seem to be more than a pretext for World Trade Coal to ask for bitcoin investment.
“One of the largest and most trusted names in coal management,” according to World Trade Coal. What do they need your money for if that’s the case and World Trade Coal already has operations that can maintain returns of up to 2.7% each day?
Currently, fresh investment is the only substantiated source of income coming into World Trade Coal.
If affiliate withdrawals were paid with fresh investment, World Trade Coal would be a Ponzi scam.
Like other MLM Ponzi scams, fresh money will stop coming in as soon as affiliate recruiting stops.
World Trade Coal will ultimately fail as a result of this deprivation of ROI money.
Ponzi schemes’ mathematical foundation ensures that most participants lose money when they fail.
Given World Trade Coal very 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 World Trade Coal, 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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