Arbimex Review: AI trading bot ruse MLM crypto Ponzi
Arbimex operates in the MLM cryptocurrency niche.
The company is purportedly headed up by “David Fernandez”:
Over on Arbimex’s official YouTube channel, Fernandez introduces himself as “founder and CEO” of the company.
Arbimex does provide a corporate bio for Fernandez but its pretty vague:
David Fernandez is a Spanish entrepreneur and founder of Arbimex. He is also the mastermind behind Arbimex’s artificial intelligence software.
The reason for this is Fernandez is a Fiverr actor:
In an attempt to appear legitimate, Arbimex provides UK shell company details for Arbimex Limited.
Arbimex Limited was registered in the UK on October 27th, 2023.
An MLM company operating or claiming to operate out of the UK is a red flag.
UK incorporation is dirt cheap and effectively unregulated. On top of that the FCA, the UK’s top financial regulator, do not actively regulate MLM related securities fraud.
As a result the UK is a favored jurisdiction for scammers looking to incorporate, operate and promote fraudulent companies.
For the purpose of MLM due-diligence, incorporation in the UK or registration with the FCA is meaningless.
Who is actually running Arbimex remains unclear, but Boris CEO schemes are typically the work of Russian scammers.
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.
Arbimex’s Products
Arbimex has no retailable products or services.
Affiliates are only able to market Arbimex affiliate membership itself.
Arbimex’s Compensation Plan
Arbimex affiliates invest USD equivalents in cryptocurrency.
This is done on the promise of advertised passive returns:
- Basic – invest $100 to $500,000 and receive 1% a day for 15 days
- Professional – invest $100 to $500,000 and receive 1.4% a day for 25 days
- Elite – invest $100 to $500,000 and receive 1.8% a day for 40 days
- Premium – invest $100 to $500,000 and receive 2.1% a day for 60 days
Note that Platinum and higher ranked Arbimex affiliates can withdraw weekly. Diamond and higher ranked Arbimex affiliates can withdraw daily.
For more information on Arbimex’s affiliate ranks see “Arbimex Affiliate Ranks” below.
The MLM side of Arbimex pays on recruitment of affiliate investors.
Arbimex Affiliate Ranks
There are thirteen affiliate ranks within Arbimex’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Beginner – sign up as an Arbimex affiliate
- Bronze – generate $2500 in downline investment volume
- Silver – generate $5000 in downline investment volume
- Gold – generate $15,000 in downline investment volume
- Platinum – generate $50,000 in downline investment volume
- Ruby – generate $100,000 in downline investment volume
- Diamond – generate $200,000 in downline investment volume
- Expert – generate $500,000 in downline investment volume
- Master – generate $1,000,000 in downline investment volume
- The Leader – generate $2,500,000 in downline investment volume
- Elite Leader – generate $5,000,000 in downline investment volume
- Hero – generate $10,000,000 in downline investment volume
- Legend – generate $25,000,000 in downline investment volume
Referral Commissions
Arbimex pays referral commissions down three levels of recruitment (unilevel):
- Beginners earn 3% on level 1 (personally recruited affiliates), 2% on level 2 and 1% on level 3
- Bronzes earn 4% on level 1, 2% on level 2 and 1% on level 3
- Silvers earn 5% on level 1, 2% on level 2 and 1% on level 3
- Golds earn 5% on level 1, 3% on level 2 and 1% on level 3
- Platinums earn 6% on level 1, 3% on level 2 and 1% on level 3
- Rubys earn 7% on level 1, 3% on level 2 and 2% on level 3
- Diamonds earn 7% on level 1, 4% on level 2 and 2% on level 3
- Experts earn 8% on level 1, 4% on level 2 and 3% on level 3
- Masters earn 8% on level 1, 5% on level 2 and 3% on level 3
- The Leaders earn 9% on level 1, 5% on level 2 and 3% on level 3
- Elite Leaders earn 9% on level 1, 5% on level 2 and 4% on level 3
- Heros earn 10% on level 1, 5% on level 2 and 4% on level 3
- Legends earn 10% on level 1, 6% on level 2 and 5% on level 3
Referral Bonus
Arbimex pays a Referral Bonus based on cryptocurrency invested by personally recruited affiliates.
- convince others to invest $1500 and receive $50
- convince others to invest $5000 and receive $200
- convince others to invest $12,500 and receive $500
- convince others to invest $25,000 and receive $1000
- convince others to invest $50,000 and receive $2500
- convince others to invest $100,000 and receive $5000
- convince others to invest $200,000 and receive $10,000
- convince others to invest $350,000 and receive $25,000
- convince others to invest $750,000 and receive $60,000
- convince others to invest $1,500,000 and receive $100,000
- convince others to invest $2,500,000 and receive $200,000
- convince others to invest $5,000,000 and receive $500,000
- convince others to invest $10,000,000 and receive $1,000,000
- convince others to invest $25,000,000 and receive $2,000,000
Joining Arbimex
Arbimex affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $100 investment.
Arbimex solicits investment in various cryptocurrencies.
Arbimex Conclusion
Arbimex represents it generates external revenue via AI trading bots.
The daily returns of Arbimex’s artificial intelligence trading bots typically exceed the promised profit rates in the investment plans.
In addition to there being no verifiable evidence of Arbimex generating revenue via AI trading bots, its business model fails the Ponzi logic test.
If Arbimex already has trading bots legitimately generating 2.1% a day on a consistent basis, what do they need your money for?
As of January 2024, SimilarWeb tracks top sources of traffic to Arbimex’s website as Mexico (26%), the US (25%0 and Turkey (25%).
Arbimex fails to provide evidence it has registered with financial regulators in any of these countries. We can confirm Arbimex hasn’t registered in the US, owing to the SEC’s Edgar database being public.
This means that at a basic level, Arbimex is committing securities fraud. The SEC advises securities fraud and Ponzi schemes go hand in hand.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Arbimex of withdrawal revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Update 25th February 2024 – Arbimex has collapsed.
As at the time of this update, Arbimex’s website has been disabled. The company’s social media profiles have also been deleted.
Another one doing the fake UK CEO and pumping the Companies House angel is a crowd called ATAASH.
I just wanted to say how truly thankful I am for your website because it may have saved me a lot of money.
I was considering joining Arbimex but reconsidered after reading your review. This morning I get this email from the guy who recommended them:
Thanks for the update. Confirmed.
So scammers can simply hire a Boris CEO from fiverr… Geez.
The video introducing “David” as the Ponzi CEO is no longer available.
Oz, I know we share concerns on regulation in UK, so this will cheer you up. Just need FCA to beef up too.
gov.uk/government/news/first-changes-to-uk-company-law-expected-on-4-march
Also fees rise 1 May 2024. Still not expensive.
changestoukcompanylaw.campaign.gov.uk/changes-to-companies-house-fees/
It’s a start but don’t think it’ll have much effect on the UK being a lol factory for shell companies till they stop letting Mickey Mouse set up companies with a few mouse clicks.
ID verification isn’t foolproof but it’s a significant step towards what’s needed.
The UK isn’t alone in this. Washington, Wisconsin, Colorado, New Zealand and Australia also need to tighten things up.
The Fundamentally Complicit Asses at the FCA are never going to do anything with any amount of power except look the other way, allow whistle blowing to be discouraged and engineer money laundering. These are people who go on strike and nobody notices.
London is dependent on dirty money. This country has lost the basic recipe to make anything except cheese. Literally