Aqua Marine Club, aka AMC Global, fails to provide ownership or executive information on its website.

Aqua Marine Club’s website domain (“amcglobal.io”), was privately registered on April 25th, 2024.

Despite only existing for a few months, Aqua Marine Club claims it’s an “industry leading Crypto trading platform”.

In an attempt to appear legitimate, Aqua Marine Club claims it is “registered in the British Virgin Islands”.

Aqua Marine Club being registered in the BVI as a shell company is an immediate red flag. BVI is a scam-friendly jurisdiction with little to no regulation of MLM related securities fraud.

Aqua Marine Club also claims it has registered with BVI’s FInancial Services Commission.

A search of the FSC’s registered company database reveals this is false:

 

Update 8th August 2024 – Since publication of this review Aqua Marine Club has trotted out CEO “Michael Gerrit”.

Gerrit is dressed up in a wig, glasses and possibly a fake beard.

Purportedly from Austria (the actor playing Gerrit does have a German sounding accent), Gerrit has been doing the rounds on Aqua Marine Club marketing webinars:

Naturally Gerrit doesn’t exist outside of Aqua Marine Club’s marketing efforts.

Boris CEO scams are typically the work of Russian scammers. Note that with Aqua Marine Club this remains unconfirmed. /end update

 

Update 12th August 2024 – Brandon over at Ponzi Patrol has unmasked Aqua Marine Club’s “Michael Gerrit” as Guido Gerhardt.

Gerhardt is purportedly an Austrian (or German) actor living in Nigeria.

/end update

 

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.

Aqua Marine Club’s Products

Aqua Marine Club has no retailable products or services.

Affiliates are only able to market Aqua Marine Club affiliate membership itself.

Aqua Marine Club’s Compensation Plan

Aqua Marine affiliates invest USD equivalents in cryptocurrency. This is done on the promise of advertised returns:

  • Standard Plan – invest $49 to $1499 and receive 0.7% a day
  • Premium Plan – invest $1500 to $9999 and receive 1.1% a day
  • Elite Plan – invest $10,000 or more and receive 1.5% a day

The MLM side of Aqua Marine Club pays on recruitment of affiliate investors.

Aqua Marine Club Affiliate Ranks

There are twelve affiliate ranks within Aqua Marine Club’s compensation plan.

Along with their respective qualification criteria, they are as follows:

  1. Amateur – generate $4999 in downline investment volume ($1499 from personally recruited affiliates)
  2. Leader – generate $9999 in downline investment volume ($2499 from personally recruited affiliates)
  3. Bronze – generate $19,999 in downline investment volume ($4999 from personally recruited affiliates)
  4. Emerald – generate $49,999 in downline investment volume ($7499 from personally recruited affiliates)
  5. Silver – generate $99,999 in downline investment volume ($9999 from personally recruited affiliates)
  6. Ruby – generate $299,999 in downline investment volume ($24,999 from personally recruited affiliates)
  7. Platinum – generate $499,999 in downline investment volume ($34,999 from personally recruited affiliates)
  8. Titanium – generate $999,999 in downline investment volume ($49,999 from personally recruited affiliates)
  9. Sapphire – generate $1,999,999 in downline investment volume ($99,999 from personally recruited affiliates)
  10. Rosegold – generate $4,999,999 in downline investment volume ($149,999 from personally recruited affiliates)
  11. Gold – generate $9,999,999 in downline investment volume ($299,999 from personally recruited affiliates)
  12. Diamond – generate $24,999,999 in downline investment volume ($299,999 from personally recruited affiliates)

Referral Commissions

Aqua Marine Club pays referral commissions via 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 recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

Aqua Marine Club caps payable unilevel team levels at seven.

Referral commissions are paid as a percentage of cryptocurrency invested across these seven levels as follows:

  • level 1 (personally recruited affiliates) – 10%
  • level 2 – 5%
  • level 3 – 2.5%
  • level 4 – 1.5%
  • level 5 – 1%
  • levels 6 and 7 – 0.5%

ROI Match

Aqua Marine Club affiliates receive a matching bonus on daily returns paid to downline affiliates.

The ROI Match is paid out using the same unilevel team as referral commissions (see “Referral Commissions” above):

  • level 1 (personally recruited affiliates) – 100% match
  • level 2 – 50% match
  • level 3 – 25% match
  • level 4 – 15% match
  • level 5 – 10% match
  • levels 6 and 7 – 5% match

Rank Achievement Bonuses

Aqua Marine Club rewards affiliates for qualifying at Amateur and higher with the following Rank Achievement Bonuses:

  • qualify at Amateur and receive $249 and then $2.5 a day
  • qualify at Leader and receive $499 and then $5.50 a day
  • qualify at Bronze and receive $999 and then $12.50 a day
  • qualify at Emerald and receive $2499 and then $31 a day
  • qualify at Silver and receive $4999 and then $62.50 a day
  • qualify at Ruby and receive $14,999 and then $125 a day
  • qualify at Platinum and receive $24,999 and then $185 a day
  • qualify at Titanium and receive $49,999 and then $250 a day
  • qualify at Sapphire and receive $99,999 and then $375 a day
  • qualify at Rosegold and receive $249,999 and then $499 a day
  • qualify at Gold and receive $499,999 and then $375 a day and a bonus $375 each week
  • qualify at Diamond and receive $1,249,999 and then $750 a day and bonus $1500 each week

Joining Aqua Marine Club

Aqua Marine Club affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $49 investment.

Aqua Marine Club solicits investment in various cryptocurrencies.

Aqua Marine Club Conclusion

Aqua Marine Club represents it generates external revenue via AI bot cryptocurrency trading.

We are Industry leading Crypto trading platform leveraging the customization of our AI arbitrage strategy and capitalizing on cryptocurrency price discrepancies on several top exchanges.

No verifiable evidence of Aqua Marine Club generating external revenue of any kind is provided.

Furthermore Aqua Marine Club’s business model fails the Ponzi logic test.

If Aqua Marine Club already has an AI trading bot consistently generating 1.5% a day, what do they need your money for?

As it stands, the only verifiable source of revenue entering Aqua Marine Club is new investment.

Using new investment to pay affiliate withdrawals would make Aqua Marine Club a Ponzi scheme. With nothing marketed or sold to retail customers, the MLM side of Aqua Marine Club functions as a pyramid scheme.

As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.

This will starve Aqua Marine Club of ROI revenue, eventually prompting a collapse.

The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.

 

Update 22nd August 2024 – Aqua Marine Club has collapsed.