Antares Trade Review: AND Ponzi points scheme
Antares Trade operates in the cryptocurrency MLM niche.
The company represents it is founded and run by “Alex Richter”:
Richter is a good candidate for a Boris CEO, meaning he’s played by an actor. This is primarily based on Richter not having a digital footprint until Antares Trade’s launch a few months ago.
Richter also appears in multiple Antares Trade marketing videos, which as per the example above, give off a typical rented office vibe.
A tell-tale sign of this is the same props used in videos featuring Richter, despite them being shot weeks apart.
Supposedly Antares Trade is based out of Mexico, however the company provides a corporate address in Hong Kong on its website.
A search on Antares Trade’s Hong Kong address reveals it belongs to a hotel.
This is of course all very suspicious, but unfortunately par for the course of MLM cryptocurrency companies.
Antares Trade’s website domain’s current registration was done on December 10th 2018. The registration was last updated on March 27th, 2020.
A visit to the Wayback Machine confirms that as of December 22nd 2018, the “antares.trade” domain was for sale.
This suggests the current owners purchased the domain on or around March this year, then repurposed it to launch Antares from.
This matches up with the first video uploaded to Antares Trade’s official YouTube channel on March 6th, 2020.
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.
Antares Trade’s Products
Antares Trade has no retailable products or services, with affiliates only able to market Antares Trade affiliate membership itself.
Antares Trade’s Compensation Plan
Antares Trade affiliates invest in Antares Dollar (AND) tokens, on the promise of a daily return of up to 2% capped at 200%.
AND is currently traded internally at $1 USD.
Referral Commissions
Antares Trade pays referral commissions on invested funds down three levels of recruitment (unilevel).
Referral commission rates are determined by how the highest Antares Trade package an affiliate has invested in:
- invest $100 and receive 3% on level 1 (personally recruited affiliates)
- invest $250 and receive 3.5% on level 1
- invest $500 and receive 4% on level 1
- invest $1000 and receive 4.5% on level 1 and 0.5% on level 2
- invest $2500 and receive 5% on level 1 and 1% on level 2
- invest $5000 and receive 5.5% on level 1 and 1.5% on level 2
- invest $10,000 and receive 6% on level 1, 1.5% on level 2 and 1% on level 3
- invest $20,000 and receive 6.5% on level 1, 2% on level 2 and 1% on level 3
- invest $35,000 and receive 7% on level 1, 2.5% on level 2 and 1.5% on level 3
- invest $50,000 and receive 7.5% on level 1, 3% on level 2 and 2% on level 3
- invest $75,000 and receive 8% on level 1, 3.5% on level 2 and 2.5% on level 3
- invest $100,000 and receive 8.5% on level 1, 4% on level 2 and 3% on level 3
Residual Commissions
Antares Trade pays residual commissions via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.
Residual commissions are paid as a percentage of funds invested on the weaker binary team side.
As with referral commissions, residual commission rates are determined by the highest package an Antares Trade affiliate has invested at:
- invest $100 and receive a 5% residual commission rate
- invest $250 and receive a 5.5% residual commission rate
- invest $500 and receive a 6% residual commission rate
- invest $1000 and receive a 6.5% residual commission rate
- invest $2500 and receive a 7% residual commission rate
- invest $5000 and receive a 7.5% residual commission rate
- invest $10,000 and receive an 8% residual commission rate
- invest $20,000 and receive an 8.5% residual commission rate
- invest $35,000 and receive a 9% residual commission rate
- invest $50,000 and receive a 10% residual commission rate
- invest $75,000 and receive an 11% residual commission rate
- invest $100,000 and receive a 12% residual commission rate
ROI Bonus
After 200 days, Antares Trade affiliates are paid a bonus percentage on funds invested:
- invest $100 and receive a 0.02% bonus
- invest $250 and receive a 0.04% bonus
- invest $500 and receive a 0.06% bonus
- invest $1000 and receive a 0.08% bonus
- invest $2500 and receive a 0.1% bonus
- invest $5000 and receive a 0.12% bonus
- invest $10,000 and receive a 0.14% bonus
- invest $20,000 and receive a 0.16% bonus
- invest $35,000 and receive a 0.18% bonus
- invest $50,000 and receive a 0.2% bonus
- invest $75,000 and receive a 0.22% bonus
- invest $100,000 and receive a 0.25% bonus
Joining Antares Trade
Antares Trade affiliate membership is tied to a $100 to $100,000 initial investment in AND tokens.
- invest $100 and receive 100 AND
- invest $250 and receive 250 AND
- invest $500 and receive 500 AND
- invest $1000 and receive 1000 AND
- invest $2500 and receive 2500 AND
- invest $5000 and receive 5000 AND
- invest $10,000 and receive 10,000 AND
- invest $20,000 and receive 20,000 AND
- invest $35,000 and receive 35,000 AND
- invest $50,000 and receive 50,000 AND
- invest $75,000 and receive 75,000 AND
- invest $100,000 and receive 100,000 AND
The more an affiliate invests, the higher their income potential via Antares Trade’s compensation plan.
Conclusion
Antares Trade is your typical MLM Ponzi points scheme.
The company solicits investment of actual money at up to $100,000 a pop, in exchange for AND tokens.
AND tokens are worthless outside of Antares Trade. The company generates them on demand at little to no cost.
Once they hand over real money, Antares Trade affiliates are at the mercy of the company to pay withdrawals through its CoinCap app exchange.
This will happen as long as new investment rolls in. Once withdrawals inevitably exceed investment however, Antares Trade will be on its way to collapse.
On the regulatory side of things, Antares Trade isn’t registered to offer securities in any jurisdiction. The company has no retailable products and thus also operates as a pyramid scheme.
As it stands the only verifiable source of revenue entering Antares Trade is new investment. Using new investment to pay affiliates a daily return of up to 2% a day makes Antares Trade a Ponzi scheme.
At present Antares Trade has its primary investment scheme. They’ve also managed to turn a Car Bonus into an investment scheme, so long as investors are willing to put up 30% of the car’s value.
If you find anyone gullible to buy in, you’ll also receive a single-level 2% referral commission. This isn’t MLM so I didn’t include it in the compensation plan.
Once these two investment vehicles dry up, Antares Trade has promised to launch new ruses to further milk their investors.
Every 1-2 months, new investment programs will be launched on the Antares platform on the principles of distinction and profitability.
Each subsequent program will differ from the previous one not only in affiliate marketing terms, but also in profitability for the investor of the company.
Each next program is stronger than the previous one.
If they eventuate, these launches are in effect mini reboots.
The problem is no matter how many times you reboot a Ponzi scheme, it’s still a zero sum equation.
Once new investment dries up, kaboom. Antares Trade can only pay out what is invested.
The math behind MLM Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Update 14th August 2021 – Antares Trade has collapsed.
CEO Alex Richter has also been outed as Russian scammer Alexander Zhirovkin.
Update 17th August 2021 – Aleksey Zhirovkin has rebooted Antares Trade as Alcor Trade.
Update 15th February 2022 – Aleksey Zhirovkin has announced he’s rebooting Antares Trade.
was wondering how long this one would stay without a review here, it’s growing. now it’s done, thank you.
Their “partner” companies have their websites based on the same model and have been registered only a few months ago.
why a suposedly old independent company would make a new registration in an other country and change it’s website domain if it’s not just because it’s all fake?
And why do they feel the need to share their registration documents? companies running a legitimate business never display those documents.
Yet another bunch of Russians (or at least, users of Cyrillic keyboards, of which Russians, including Russian speakers in some other countries, make up by far the largest number).
There’s at least one person who knows French involved, who also has a greater knowledge of the world outside Russia than the originators.
I come to this conclusion solely from watching their “About company” video.
The title alone is already a slavicism – that should obviously be “the company”, and shows the typical Russian difficulty with the use of articles.
The misspelling of the company name in the logo as “Antvres” is also something that would only occur to someone not used to the Latin alphabet.
The person who made that logo obviously thought he was repeating an already stylized A upside-down as a graphic twist, not fully appreciating that makes it a different letter – in Cyrillic, there is no V-shaped letter, so an upside-down A still looks like an A.
The glimpse of the cyrillic keyboard can be found at 3:00.
The video is slightly original, in that they haven’t gone for the standard fake office walkabout, it’s a more stylized approach.
But it isn’t just stock footage edited together, because it has got that most essential of all fake office video props: the mug with the logo on it, which makes its appearance at 2:57. (It would of course be technically possible to add that logo to stock footage digitally, but that would probably be a lot more expensive than just shooting it with a real mug.)
The voiceover is a bunch of the usual nonsense, but there are some on-screen captions which again point to Russia.
“Millionaires” is spelled “millioners”, and “funds” “fonds”. Which isn’t just hilarious (here’s an investment tip: don’t give your money to somebody who promises to make you a millionaire, but can’t spell the word), but those also happen to be the transliterations of those words from Russian (thank you, Google Translate).
The video is available in a lot of languages, I listened to the ones in English, German and French.
One particularly noticeable bit of nonsense in the text is at 0:40, where the following is stated:
Disregarding the clearly non-native quality of the English, that’s obviously a preposterous lie.
So preposterous in fact that the person who made the French translation, clearly aware that anybody who lives in a developed country even remotely “like the USA and Japan” will immediately spot it as an absurdity, has tried to tone it down a bit.
He turned the 90% into 50%, and the “more than 20%” working in MLM into 20% having jobs that are “affected by” MLM.
He also eliminated another funny, which am I guessing is the result of a straight calque from Russian.
At 4:18, they brag about how Antares is going to offer “a range of products from needle to car”. My guess is that that’s an expression in Russian, since it just sounds silly in English.
The French translator clearly thought so, too, and he’s simply eliminated that bit.
The German translator, on the other hand, had no such qualms, and the 90% lie, and the weird “needle to car” phrase are just copied.
For the voiceover, they’ve used a professional-sounding native speaker, but he has to read his way through some awful grammatical errors and bizarrely stilted phrases.
The French translation in contrast is grammatically correct and pretty fluent throughout.
So, not very high marks for the “About company” video overall, I’m afraid, despite the laudable intention to break free from the standard “office rented for an hour with some extras pretending to type” model.
The ones with the Boris CEO are even more disappointing. All in the way of props with the company name on them is one flag.
We know from the other video you’ve also had a mug made, so why isn’t it on his desk as well? A stupid world map to cover up that you’re too cheap to have a big logo made for the backdrop?
For chrissakes, it’s an extremely simple logo, you could make it yourself out of cardboard or styrofoam.
And are a few small cactuses and a flag really meant to make us believe he’s in Mexico?
Not only have I got 7 small cactuses I could put on my desk, that’s more than he has, I’m sure for vey little money I could persuade the restaurant just round the corner to let me borrow their Mexican flag, along with some much bigger cactuses and other decorative props from their interior.
I could make a much more convincing Mexican-themed video with minimal effort, and I’m not anywhere near Mexico.
Overall, I can only give this a “must try harder” grade.
What make you think he is not living in Mexico ? Also he made a conference in Mexico so you can’t fake that. He speak a rather good spanish you dont get to that level without having lived in a spanish speaking country.
Also i dont think that he is just an actor, look at his linkedin profile.
linkedin.com/in/alex-richter-b687aa1a1
It is not hiden that he is either russian or has strong connections with Russia so you haven’t discovered a secret.
He may exist, but it doesn’t take 2.5 years to developed a MONITOR of cryptomarkets. You just need a bot to periodically poll the exchanges via published API.
A programming shop in India can probably do that in a week or so. And he’s clearly naive if he thinks he can create his own bank.
Sounds like a lot of talk and no real plan, much like a scam.
It’s of course quite possible that they’ve hired a Mexican actor who actually lives in Mexico to portray their “President and Founder”.
To name just one recent example, the Ukrainian/Russian scammers who ran Questra pretended to be based in Spain and Cape Verde (that last one to pretend to have a link to Africa to appeal to investors there), and hired actors in both countries.
Very little has been heard of those actors since the thing collapsed, and arrests and jail sentences followed.
Maybe Mr. Richter does live in Mexico, maybe Alex Richter is even his real name. I was mocking the pathetic way they try to establish he’s in Mexico in their crap some-guy-reading-a-script-behind-a-table videos, which could be made anywhere.
“Let’s put a Mexican flag behind the table! You know, the way all high-flying businessmen have the flag of their own country behind their desk, so it can be seen in all the videos they put on Youtube, where they all promote their massive, hugely succesful international companies to small investors with only a few hundred dollars to spare, the kind of investors who think they’ll get rich by joining an MLM they’ve seen on Youtube.”
You offering that LinkedIn profile as evidence that he isn’t a fake is hilarious.
I speak as someone who has a fake LinkedIn profile, with a fake name and a fake academic and professional background. The only reason I created it is because LinkedIn doesn’t allow you to see some things unless you create an account of your own, so I did.
Since I have no intention of giving my personal information to them for free so they can sell it, I made up an entirely fictional person (the universities he attended and the companies he worked for are real). You don’t think LinkedIn checks any of the information on there, do you?
They haven’t been very adventurous with the Alex Richter profile, though, I’ve seen quite a few from scammers that are much more brazenly fake. They’ve stuck with 3 claims so vague they wouldn’t have left any discernible, let alone verifiable, footprint.
First, two short stints as “research associate” and then “consultant” at two well-known companies which do exist for real, but these low-level associations were between 20 and 17 years ago – IOW, for all practical purposes they cannot be checked.
Then, 16 years of complete nothingness, labelled as being an “independent advisor” to 5 unnamed “Family Offices”. Then, suddenly, in January 2020, Antares (or Antvres, according to the logo). (There’s a gap of one year in that timeline, he seems to have taken a sabbatical for all of 2003.)
Addendum
After writing that, I took a closer look. Some things can be checked.
He claims to have been a consultant to Accenture, between June 2000 and January 2003. That company was called Andersen Consulting until January 2001. Changing company names retroactively in resumes definitely isn’t honest practice, if something like that happens you can add it between brackets for clarification.
His other claim is that his very first job was at “Medallion Hedge Fund (Renaissance Technologies)”. But that isn’t a company. The company is Renaissance Technologies, Medallion Fund is just one fund they manage, and it doesn’t have “Hedge” in its name.
Nothing by the name “Medaillon Hedge Fund” exists. What’s more, that Medallion fund is only accessible to people who are already company employees, not outside investors, it’s definitely not something people are specifically hired for, as a first job at that.
End of addendum
If stuff like that is convincing to you, by all means entrust lots and lots of your money to these Russians, sorry, this Mexican. Just don’t say you weren’t warned.
I wrote all of the above without first taking a look at the Antares website. The whole thing is so scammy, it’s almost over the top. A lot of it is just plain idiotic, such as this explanation of why MLM companies make much more money than non-MLM ones:
Why doesn’t everyone else do this? Just think how much more money a company like, say, Apple could make, if it simply fired everyone working for it, stopped advertising, closed all its warehouses, and started demanding cash in advance for everything?
Not to mention the added efficiency of having to pass every product through layer after layer of intermediaries before it reaches the end user.
But it’s the attempts to preempt obvious questions which are very entertaining.
Questions such as: if this investment company called Catalyst Limited they’re partnered with is so huge and successful, how come there is no trace of its existence to be found anywhere, before it popped up as part of the Antares sales pitch? Here’s the brilliant explanation:
Well, if that doesn’t convince you it’s all totally legit, I don’t know what can.
Or another obvious one: doesn’t a lot of the kind of stuff you do require, you know, licenses or something? No, it doesn’t, here’s why:
(There’s a lot more in the same vein, including the standard “laws don’t apply to crypto” nonsense.)
And you can be absolutely certain that it’s all above board, because:
So you can rest assured, their buniess will turn you into a millioner. All thanks to the absolutely totally for real financial genius from Mexico, Mr. Alex Richter.
I take LinkedIn profiles with a grain of salt as they don’t show when they were created.
mexican actor ? He is not even mexican.
So it’s good to investigate but it’s useless to say bullshit nonsense. If you can’t even see that then investigating those scams is not for you.
And were the guy is located is kind of irelevant anyway, most of his team is in Spain and if you look at their profiles they have all a pretty solid curiculum.
still need to be confirmed if it’s real or not but unless it’s prooven that their curriculum is fake then so far they are all pretty serious.
You sure? That’ Mexican flag is pretty convincing.
Have to give them credit, lots of work went into this.
Whoever is behind this are obviously career ponzi scammers.
What do you find about their partner catalysts.finance/ which is the company suposed to make the profits from trading and their suposed partnership with pavilionenergy.com/ ?
And nextracker.com/
The way they garanty the contracts using Largocoins?
And the insurance company they’ve registered in London with 20 millions £?
Catalyst Finance’s domain reg was last updated at the end of April (when it was purchased).If you look at its Alexa traffic charts they correspond with Antares Trade’s launch.
Pavillion Energy, Jan 31st 2020. Website traffic ranking is 1.7 million so nothing is happening there either.
Next Tracker, April 13th 2020. Website traffic ranking is 1.4 million.
No idea what LargoCoins is. Insurance company in London… yawn.
Ponzi smoke and mirrors galore with this company. Instead of asking us “what about (random Ponzi bullshit)?”, why don’t you ask Antares Trading for their legally required financial filings explaining what any of these companies have to do with their Ponzi scheme?
Pavillion energy was created in 2012:
bloomberg.com/profile/company/0898723D:SP
They work with the biggest petrol and gaz companies in the world.
total.com/fr/medias/actualite/communiques/total-et-pavilion-energy-franchissent-une-nouvelle-etape-dans-le-developpement-du-gaz-naturel
reuters.com/article/us-singapore-pavilion-europe/pavilion-energy-expands-beyond-asia-starts-operations-in-europe-idUSKBN1Z80EC
They have over 13000 followers on Linkedin and 99 employees registered on Linkedin and it doesn’t look fake at all.
They work in energy so their website trafic ranking is irrelevant it’s normal that this kind of company get pretty much no traffic.
Having all their websites uodated together can mean they have all partnered together.
I already quoted from their own website about that (#5): that company is fake. To repeat their own words:
So they’re claiming this is a big, successful company, except that it used to do something entirely different, and used a different name, and therefore no trace of its previous existence can be found anywhere. You just have to take their word for it.
Which to everyone except the terminally thick means: it doesn’t exist, except as a part of the Antares deception.
Here’s another clue: not once in the entire history of the world has an established, successful company in the financial sector decided to change tack and embark upon a second career in MLM.
It simply doesn’t happen, except, with great regularity, in lies told by MLM scammers. It would be very easy for anyone to prove me wrong about this: just provide one documented counterexample.
Anyone can register a Limited company in the UK with however big a capital they like. It costs £10, £30 if you want it registered the same day. You can do it online, nobody needs to do anything in the UK itself.
Beyond £10 for the fee, there is no legal requirement for any money to be in the possession of that company.
That is one of the reasons so many scams use incorporation in the UK, in most other European countries one must provide proof that at least part of that money is in the possession of the company, although it’s often less than 100% of the nominal capital.
The capital in a limited liability company is merely the amount of debt the partners are personally liable for if the company goes bust.
In the UK, also unlike other European countries, it is possible to register a company with a fictional address, fictional owners and fictional directors, so that liability is entirely meaningless.
They could as well have made the capital of that supposed insurance company 200 million pounds, or 2 billion pounds, it wouldn’t make any difference.
WTF are Largocoins?
@hehe
What Pavillion Energy might have been or is today has nothing to do with Antares Trade running a Ponzi points scheme. Nor can it legitimize fraud.
Legitimacy via association isn’t a thing.
You don’t need to update your website domain reg details if you partner with another company (unless you sold the domain name, which isn’t a partnership).
You or anyone else is welcome to share legally required financial reports detailing any partnerships Antares Trade has. Failing which, none of this matters in light of Antares Trade running a Ponzi points scheme.
Just because X says they are partnered with Y doesn’t mean it actually happened, or even if it happened, not in the way they claimed.
Too often in this “sector” of business have we seen announcements and press releases which later turned out to be outright lies.
Who can forget Phil Ming Xu’s claim to have a “tie-up” with Siemens, only to have Siemens putting out a press release, announce on Twitter, and so on claiming to never heard of this guy?
More than travel scam claims to have access to bajillion hotels and venues, only to later reveal they registered as a Travelocity affiliate.
Oh, and there’s that European scam… GetEasy? that pretend to be related to some German or Austrian GPS telemetrics firm… by filing a business with a SIMILAR name. When that firm realized there’s an imposter, and made public announcement, that’s it for the scam.
Or more recently, TelexFree Brazil guy claimed he bought “insurance” to secure everybody’s income, only for that company to announce: you just asked for a quote, and we don’t even sell that type of product.
Just because you read or heard that something had happened doesn’t mean it actually did. Remember Reagan: trust, but verify. If you can’t verify, your trust is misplaced.
what ever you can say is pretty much irrelevant since you think the guy is mexican and not living in Mexico.
We need veryfied informations not your bullshit nonsense opinion.
Then Pavillion energy and Nextracker should publish a press release mentionning it’s fake. We’ll see, if many people ask them it’ll catch their attention because they’re using their logo and brand.
Them not doing so isn’t evidence of a partnership. The domain registration update dates are pretty dodgy. But partnerships is of course smoke and mirrors.
The onus is on Antares Trade to operate legally. Part of that is registering with financial regulators and providing full disclosure.
In France this ponzi scam is being promoted by the same team of crooks who was promoting the Pedro Fort scams TBS, fortadpays, Fort bank etc…
Norbert Thiebaut is one of them.
It’s about time that the autorities give big fines and lock those ponzi promoters in jail.
They know these companies are ponzi scams (they just keep jumping from one ponzi to an other since years), yet they keep promoting them again and again telling lies to their prospects and when you ask them about finnancials regulations and show them evidences of the scam they just block you.
They now have a partnership with the australian regulated company Nexus Financial Management PTY LTD, Australian Company number 641 460 657.
You can verify the ASIC regulation here connectonline.asic.gov.au/RegistrySearch/faces/landing/panelSearch.jspx?searchText=NEXUS+FINANCIAL+MANAGEMENT+PTY+LTD&searchType=OrgAndBusNm&_adf.ctrl-state=15oa470liu_4
Before that they were operating in Ireland for 10 years:
vision-net.ie/Company-Info/Nexus-Financial-Management-Limited-484195
That’s nice.
1. ASIC registered = meaningless for due-diligence unless Antares Trade is based out of and operating from Australia, which it isn’t.
2. Where Nexus is or isn’t registered has nothing to do with Antares Trade committing securities fraud.
The investment is made with Nexus, it’s nexus that manage the money not Antares, where Antares is based doesn’t matter. Antares does not have access to the money.
The passive investment opportunity is provided by Antares Trade. What they pretend to do with invested funds is irrelevant with respect to securities regulation.
Even more so when Antares Trade does not provide legally required audited financial reports.
Antares Trade needs to be registered with financial regulators. Not withstanding Antares Trade running a Ponzi points scheme.
Antares never touch the investors money so they can’t be running a ponzi scheme. You clearly dont know how they work.
Their partners could be a ponzi not Antares but Nexus is regulated by ASIC and that’s were the money is invested. Nexus provide financial reports since 2010.
Sure they can. The “you’re in control of your money” Ponzi model still uses a bot to direct funds. It always ends the same, last wave of trades rigged in favor of the admins.
As previously stated Antares Trade offer the passive investment opportunity, therefore they need to be registered.
The only reason an investment related MLM company would opt to operate illegally is if it’s running a Ponzi scheme.
Clearly you don’t know how securities regulation works.
Thanks oz for your debunking, it has been pleasant to read!
So how can we know? When can we have the truth?
They are running fast… Destroying a lot of network.. Touching a lot of friends and families.
I want to invest, but I want to be sure not involving and makes friends lose money…
You’ve already been given the truth: Antares Trade is a Ponzi scheme in which the majority of participants will lose money.
Not with these thieves, you don’t. Reread the review. Read PassingBy’s analyses of the video images and the clues he uncovers of the fakery.
Then stay well away, and warn your friends and families to stay well away. It’s all you can do.
Yes it’s a great oportunity it’s the right moment, this company has a great momentum your risk right now is very low for the next 3 to 6 months. But you have to withdraw your profits imediatly the next 3 months to secure your initial deposit.
They have a lot of plans and projects, they’ll get listed on the stock market in 2022, this company will be worth well over 2 billion $ at their stock market start.
Instead of getting sucked into laughable Ponzi promises, your due-diligence should begin and end with Antares Trade being a Ponzi scheme.
The whole point of a scam is to look great, but it’s all facade.
But then, people in the Matrix probably don’t want to see the truth.
I have also seen that Alex Richter is sole shareholder of Antares Trade with a registered number in Hong Kong.
You can create a liability company in Hong kong just with one person and you don’t need to be resident.
Somehow the total shares amount to 16 million USD. So my question, how did a guy with no past entrepreneur achievements behind him can put 16 million in a company ?
And if he would be Mexican and living in Mexico, how did 16 million got transferred to Honk Kong without questions being raised on the origin of this amount.
I have never come across a start-up created by one guy alone that would put 16 million USD on the table. This doesn’t make any sense.
Also the French guy claiming to have a bonus of 46 k USD in August 2020, knowing that company could only start operating mid 2019, doesn’t make any sense.
There is no way you could make that amount of bonus in less than 12 months in a starting company with no distributors!
Antares does smell very fishy and would no advice anybody to join.
Jacques all you said is complete nonsense. Alex pretend to have had great succes in mlm before and worked in good positions in great companies if it’s real or not is an other question.
16 millions is not that much, for plenty of peoples it’s peanuts. And are you sure the money really need to be invested to register a company in HK with 16millions?
He never said he is mexican, he live in Mexico but he is from Belarus if i remember correctly and why do you assume they didn’t questioned him about his money?
Just watch his videos he speak in spanish with a very strong accent, he said his parents imigrated when he was like 13 or 16 if i remember.
46k usd bonus is not much as you said the company started in 2019 so it’s plenty of time to register your team, i dont see your point here.
I’ve seen a russian account with over 500 000$ profits just in referals commissions so 46k is not much at all, in France if you’re professional in mlm 46k$ in a year is barely enough to register a company pay the taxes and pay yourself a salary.
Do you know Elon Musk ? It’s a guy who created several start up investing more than 16millions of his own money and there is many more like that. Not everyone is poor and unable to promote things to get people registering with them.
There is plenty of things to say about this company but all you said is complete nonsense.
Hello to all of you.
Since March 2020, I have invested $100 in a financing plan: Nexus. The gain is approximately 1% / day. Approximately because it is ”real” money…virtual since everything is done by computer. But the money is earned on the markets!
You don’t make money with Antares because it is a platform in which are grouped several businesses that have obtained the legalization of the financial market authorities. If you want to know the legality of Antares (and it is perfectly legitimate!) you have to verify the legalization of the businesses located on this platform and not Antares!
Even if you want to verify Antares, we also have legal, verifiable documents that justify the transparency of Antares.
What is Antares? Simply put, Antares is (Ozedit: a Ponzi scheme, see review. Marketing spam removed.)
1. Backoffice numbers != money
2. Feel free to provide audited financial reports filed with regulators, confirming Antaraes Trade uses external revenue to pay returns.
Feel free to provide evidence Antares Trade has registered with financial regulators in jurisdictions it solicits investment in.
Cool. So where are they?
fucks sake Oz, how do you do it? How do you keep doing this day in and day out, arguing with scammers who keep insistent on pushing lies?
Love what you do.
Just to make things transparent, Alain Bottalico is a scamers who have been promoting and defending mlmshop, thebsusinesshop, fortadpays and all the scams made by Pedro Fort and Josep Àngel Colomés.
alert scaaam
news.ykt.ru/article/103578
Not so much an alert as a news article covering Antares Trade fraud.
I suppose it’s significant being a Russian article. Be nice is Russian authorities lifted a finger every once in a while.
Lol @ Russian scammers though, article has 126 dislikes.
I have 20k$ since march last year 2020. Made 30% every month since. Now it’s january 2021 and still paying.
I withdraw every week a 1000$ and still going. Scam, Ponzi or not who cares.. they are paying I keep going..
90% in 3 month the all the rest is risk free. You guys talk too much and not making any money.
Of course it’s a scam who can offer 30% per month but at the same times who fucking care !!! Be smart and play what you can afford. Thats all.
So you’re a garbage human being. What are you looking for, a pat on the head?
If you were actually making any money, you wouldn’t be here worried about your Ponzi collapsing.
Numbers on a screen != actual money. Sorry for your loss.
Well, you’re not too proud or you wouldn’t be posting as Anonymous. If you were you would have used your real name. But then if you had, the jig would have been up that all your talk was just talk.
You Ponzi pimps are just too funny for words sometimes with your braggadocio posts. Thanks for the laugh.
*Bragga-douche-eo
The sound made by a scamming ponzi shill compared to evacuating your Colon
Eheh what do you say about this part of the review:
This has already happened with platforms like Arbistar 2.0 and is happening to Mind Capital.
The interest rate is initially high and after some months it starts to decrease (as it’s happening now in Nexus, for example).
Once it will be too low, then the withdrawals will exceed the new investment and what will happen then?
hi i have invested about 2000 euro being introduced to anteres by a friend after some research i have the feeling that this indeed might be a scam.
it takes 200 days for my investment pak to finish I am instantly going to cash my earning do you think something drastic can happen to antaris in the next 200 days?
Ponzi schemes can collapse at any time.
The collapse can be organic (no more suckers to steal from), or on the whim of the admin (“thanks for your money, bye!”).
From company profile i think antares just want make their own comunity in world wide & make MLM more fun..
Trading cryptocurency is hard to get profit for us with low budget but different story if had lots of money like collect all member money at once for sequentially trading….
Ponzi points schemes exist for one reason: to steal your money.
What is the address of your Ponzi scheme?. Only gullible people will fall for this unrealistic projections.
This platform must have evolve from exove investment. Guys stay off before you become victims of unknown fraudsters. No company address, email or phone number. This is terrible.
Hello, we investigated the antares trade company a bit; We would like you to expand even more in depth about this scam, I leave you a fairly detailed article, since Russian authorities have prohibited the promotion of this scam that will burst at any time: news.ykt.ru/article/103578
additionally I provide you with information because antares has falsified web pages that is, the official page of catalyst as they say they have a contract is a page invented by themselves, anyone at first glance would realize the difference
catalyst-finance.com/ (original site) >>>> provides contact numbers
catalysts.finance/ (fake site) >>>> note that it says catalistS has an extra S which is not the real name (it does not provide contact numbers)
nexus.trade/ (original site)
nexus.management/ (fake site) >>>> created by themselves
additional note: note the extreme similarity of a site with another both nexus and catalyst (2 totally independent companies) that both provide the phrase IN COOPERATION WITH ANTARES, which has no relationship with that company since those sites are created by themselves hinting at false information.
I hope you can expand even more on this scam hector. I leave.
It’d be great if Russian authorities took an interest in MLM fraud.
With all the Boris CEO scams we get though I wouldn’t be holding my breath.
What horsecrap. Profits dont increase the more people participate, since the profits are still split exactly the same.
Not that there are any actual profits or income though.
what you explain doesn’t make much sense.
The websites you mention are not made by themselves. It’s made by other scamers who try to steall passwords from Antares investors to then connect to their real antares accound and request withdrawals.
It’s just some sort of pishing.
There’s only one website mentioned in the review, Antares Trade’s website.
Well, one of them. Likely in a bid to dodge regulators, Antares Trade have set up multiple websites.
If you don’t understand that or what a Ponzi scheme is, sorry for your loss.
This is a whole different level of confused
Dog dog is not talking about that he is talking about copies of antares trades websites made by scamers to steal password of antares investors.
This is not related to antares and they have published a warning about it.
Well this isn’t a review on “copies of Antares Trade’s website”, this is a review of Antares Trade – which remains a Ponzi scheme regardless of whether “me too” scammers are tagging on.
do not be an idiot! I mean antares trade is a ponzi. so disguised that they show FALSE information!
both catalyst and nexus trade are independent companies that do not have any contract involved, simply that they want to make people believe that through other websites.
The french serial ponzi scheme promotor Manu Alba (he was also involved into the promotion of other ponzi scams like the Pedro Fort’s scams and other ponzi) is claiming to earn (steal) 1,5 million $ from the new Antares investors.
He was the first french to start promoting this ponzi scam. So he will be the responsible of many people losses.
You’re changing subject, you were talking about the differents websites.
As i said the websites with similar but differents adresses are not from them it’s from others scamers trying to steal Antares member’s passwords.
I don’t change the subject. antares has 2 sites WITHIN the platform called catalystS and nexus which do not correspond to the companies whose names they compromise.
I am not talking about fakes and pishing sites. I’m talking about Antares creating third-party sites that promote them WITHIN their platform as third-party sites, which IS AN ARMED SCAM.
As i said the websites with similar but differents adresses are not from them it’s from others scamers trying to steal Antares member’s passwords.
see this video: youtube.com/watch?v=GiBmSCUwujY
They assure that the company NZ shell catalysts & technologies limited, was founded and registered in Singapore on June 1, 1994, which is false, since in the public records it was registered on March 11, 2020.
The company that was founded in Singapore it was SHELL CATALYSTS & TECHNOLOGIES PTE LTD.
see proof here:
app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7914516
the striking thing is that a few months ago the NZ shell site was listed active now inactive see the proof:
opencorporates.com/companies?utf8=%E2%9C%93&q=shell+catalysts+%26+technologies+limited&commit=Go&jurisdiction_code=&utf8=%E2%9C%93&commit=Go&controller=searches&action=search_companies&order=
which clearly the official is SHELL CATALYST & TECHNOLOGIES PTE LTD whose company is real and not a fake site like antares trade.
MLM + shell companies = scam.
It’s obvious Antares Trade isn’t based out of NZ. There’s no legitimate reason to incorporate there.
they just left with the funds. update
Confirmation?
I went looking and all I saw was a bunch of people freaking out because Antares Trade deleted its Instagram account. The rest of its socials are still up.
Who follows a Ponzi scheme on Instagram???
edit: there’s a few comments on their YT channel in Russian complaining about lost funds. Not enough to confirm yet.
no they still pay, they’ve put limitations and randomly kicked the russians out but they’re refunding them apparently.
People receive their withdrawals. They’ve been ranked one of the best exchange and most transparent.
No idea what this site is worth, maybe the article is writen by themself.
nomics.com/exchanges/antares
That’s from Nomics. Looks like your typical “we don’t verify anything” crypto spam site.
Yeah i’d take all of those “rankings” and “transparency” with a grain of salt since they aren’t even honest about who or what.
I see that ranking is only based on volume not transparency, so it’s meaningless.
Of course they have big volumes, they have plenty of members making deposits and withdrawals.
That’s scam friend, stay away from them !!
TODAY EXIT SCAM …
“Message from the Founder of Antares Alex Richter: Breaking News (With subtitles)” – youtube.com/watch?v=g16Dob32ySI
meanwhile the defenders of this scam are conspicuous by their absence.
Hello everyone For those who have invested in Antares trade with “Line Profit Team” affiliated with “Nexus Financial Management PTY LTD”, please report “Nexus Financial Management PTY LTD” to the financial authority ASIC GOV AU.
Here is the link to report: asic.gov.au/about-asic/contact-us/how-to-complain/report-misconduct-to-asic/
I have reported them to the Australian authorities to these thieves who have stolen my money and I hoped they will do something against this scam.
There is a properly registered company and it must comply with Australian law.