Car USDT fails to provide ownership or executive information on its website.

Car USDT’s website domain (‘car-usdt.vip”), was registered with bogus details on April 19th, 2024.

Of note is Car USDT’s domain being registered through the Chinese registrar Alibaba (Singapore).

Despite existing for only a few weeks, Car USDT has already attracted the attention of the Central Bank of Russia. On April 24th, the CBR issued a Car USDT pyramid fraud warning.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Car USDT’s Products

Car USDT has no retailable products or services.

Affiliates are only able to market Car USDT affiliate membership itself.

Car USDT’s Compensation Plan

Car USDT affiliates invest tether (USDT). This is done on the promise of advertised returns:

  • VIP1 – invest 17 USDT and receive 5 USDT a day
  • VIP2 – invest 51 USDT and receive 15 USDT a day
  • VIP3 – invest 153 USDT and receive 45 USDT a day
  • VIP4 – invest 306 USDT and receive 90 USDT a day
  • VIP5 – invest 612 USDT and receive 180 USDT a day
  • VIP6 – invest 918 USDT and receive 278 USDT a day
  • VIP7 – invest 1836 USDT and receive 565 USDT a day
  • VIP8 – invest 3672 USDT and receive 1148 USDT a day
  • VIP9 – invest 5508 USDT and receive 1750 USDT a day
  • VIP10 – invest 8262 USDT and receive 2665 USDT a day
  • VIP11 – invest 12,393 USDT and receive 4273 USDT a day
  • VIP12 – invest 25,066 USDT and receive 10,026 USDT a day

The MLM side of Car USDT pays on recruitment of affiliate investors.

Referral Commissions

Car USDT pays referral commissions on invested USDT down three levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 11%
  • level 2 – 3%
  • level 3 – 2%

Referral Bonus

Car USDT pays a referral bonus on downline investment volume:

  • 500 USDT invested within 24 hours = 15 USDT bonus
  • 1000 USDT invested within 24 hours = 35 USDT
  • 5000 USDT invested within 24 hours = 200 USDT
  • 10,000 USDT invested within 24 hours = 450 USDT
  • 50,000 USDT invested within 24 hours = 2555 USDT
  • 100,000 USDT invested within 24 hours = 6666 USDT

Joining Car USDT

Car USDT is yet another “click a button” app Ponzi scheme.

The scam misappropriates branding of German car manufacturer Mercedes-Benz.

Needless to say Car USDT has nothing to do with Mercedes-Benz.

Car USDT doesn’t bother coming up with a ruse. This makes it a typical “task-based” Ponzi scheme.

The assigned task in Car USDT are “orders”. This sees Car USDT affiliate investors log in daily to “click a button”.

Clicking the button daily qualifies Car USDT investors to receive daily returns as advertised.

Beyond that clicking a button inside Car USDT does nothing, there is no external revenue. All Car USDT does is recycle newly invested funds to pay earlier investors.

Examples of already collapsed “click a button” app Ponzis using the same ecommerce ruse are HappyLook, Movss and FocuStar.

Including Car USDT, BehindMLM has thus far documented over a hundred “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.

“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).

The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.

 

Update 21st May 2024 – Car USDT has collapsed. As at the time of this update Car USDT’s website is no longer accessible.