There is no information on the Macros Capital website indicating who owns or runs the business.

The Macros Capital website domain (“”) was registered on the 4th of March 2013, however the domain registration is set to private.

A “certificate of registration of a limited partnership” certified by the “Registrar of Companies for Scotland” is provided on the Macros Capital website, however all that is needed to obtain this is the filing of an application with the registrar.

At the time of registration an address in Scotland must be provided, but once obtained a company can register its address offshore. So in summary, the certificate doesn’t provide any useful information.

Two languages are listed on the Macros Capital website, Russian and English, which indicates that these are the two primary markets the company targets.

Also provided on the website are the names of three “representatives”: Jevgeni Hotejenkov (credited as a US rep, however his country is listed as Estonia), Igor Avdeyev (Ukraine) and Pavel Boyko (Spain).

No further information as to what specific roles these three representatives have within Macros Capital is provided.

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.

The Macros Capital Product Line

Macros Capital has no retailable products or services. The company itself operates an online store however affiliates only earn when their downlines put money into the system.

Affiliates deposit money with Macros Capital on the guarantee that the company will pay out a ‘20% cash back month after month!‘ for up to 12 months.

Bundled with each deposit is a diamond, which Macros Capital claim is sourced from Sierra Leone.

The Macros Capital Compensation Plan

The Macros Capital compensation plan revolves around affiliates depositing money with the company and recruiting other who do the same.

Going by the information on the Macros Capital website, it appears that affiliates buy into the company between $900-$1140.

Once the money is paid, Macros Capital then guarantee to pay out a 20% ROI every month for 12 months.

Referral commissions on deposits made by recruited affiliates are also available, paid out using a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1).


If any level 1 affiliates go on to recruit new affiliates of their own, they are placed on level 2 of the original affiliates team. If any level 2 affiliates recruit new affiliates they are placed on level 3 and so on and so forth down a theoretically infinite number of levels.

Macros Capital cap unilevel commissions down ten levels of recruitment, with commissions paid out as a percentage of the money deposited by recruited affiliates. How much of a commission earnt depends on what level of a unilevel team an affiliate falls on:

  • Level 1 – 10%
  • Level 2 – 3%
  • Level 3 – 2%
  • Levels 4 to 6 – 1%
  • Levels 7 to 10 – 0.5%

Finally Macros Capital also offer what they call “bonus levels”, rewarding those affiliates who bring a large volume of new and ongoing investment into the company.

  • Level 1 (100,000 EUR) – Asus Zenbook laptop plus an additional 0.5% on unilevel commissions
  • Level 2 (300,000 EUR) – “Nika gold watch” and an additional 1% on unilevel commissions
  • Level 3 (500,000 EUR) – 1.5 carat diamond “gift” and an additional 3% on unilevel commissions
  • Level 4 (700,000 EUR) – permission to open up three “branch offices” at the company’s expense and an additional 5% on unilevel commissions
  • Level 5 (1,200,000 EUR) – a “deluxe class automobile” and an additional 7% on unilevel commissions

Joining Macros Capital

Affiliate membership to Macros Capital appears to be free, with affiliates required to deposit money into the system if they wish to earn commissions.


Under the guise of buying diamonds, Macros Capital offer affiliates the guarantee of a 20% a month ROI for 12 months, after which they need to re-invest again to continue with the business.

The guise of affiliates buying diamonds is wholly acknowledged by the company itself, who state on their website:

Macros capital has a partner program, and we share our profits with you!

Everyone wants to receive 20% cash back from the purchases of their diamonds.

20% cash back month after month! You basically get the diamond for FREE over a period of time.

With the diamonds given away for free to those who participate, it’s clear nothing is being bought or sold within the opportunity itself – to affiliates or retail customers.

You join Macros Capital as an affiliate, you invest money and for nothing more than participating, the company promises to pay you 20% a month of the invested amount. Recruit new investors and they’ll pay you even more.

And they’ll even throw in a “free” diamond to boot.

Sustainability is a core problem with Ponzi schemes and with Macros Capital is an even bigger issue than normal. In offering affiliates an ongoing 20% monthly ROI, after 5 months each liability relies on new money to pay out.

Over time the number of liabilities the company has to pay out only increases, resulting in a correlating ever-growing reliance on new investor money.

As far as I can tell Macros Capital appears to have launched in July 2013, which means initial investments will exceed 100% by December. After that I suspect the scheme will collapse shortly thereafter.

Those who get in first will quickly exhaust the new money coming in (especially if they re-invest), and those at the bottom of the scheme… well, you know how it goes.

Diamonds might be forever unfortunately for Macros Capital investors that idea doesn’t translate over to Ponzi investment returns.