ArbiStar Review: Trading bot Ponzi scheme run by serial scammer
ArbiStar operate in the cryptocurrency MLM niche. The company is headed up by CEO Santi Fuentes, who is based out of Spain.
In his ArbiStar corporate bio, Fuentes claims to be
one of the most experienced people in the world of Referral Marketing.
He has led teams of thousands of people with great success.
Fuentes (right) first popped up on BehindMLM’s radar in 2014, as a top investor in Global Unity.
In 2015 Fuentes emerged as a top investor in MoneyBox TV, another Ponzi scheme.
Fuentes’ Arbistar corporate bio addresses his involvement in fraudulent investment schemes;
He has also known as team leader the failure of some projects where companies were not transparent and cheated their sales teams.
For this reason he is the ideal person to lead Arbistar 2.0.
Prior to getting involved in Ponzi schemes, Fuentes was an Organo Gold distributor.
A marketing video circa 2013 cites Fuentes as an Organo Gold Ruby.
Of note is the current iteration of ArbiStar appears to be a reboot. This is denoted by the “2.0” added to the company logo.
It seems the first ArbiStar model collapsed, although I wasn’t able to find specific details.
Read on for a full review of the ArbiStar MLM opportunity.
ArbiStar has no retailable products or services, with affiliates only able to market ArbiStar affiliate membership itself.
The ArbiStar Compensation Plan
ArbiStar affiliates invest €100 to €50,000 EUR in bitcoin on the promise of an advertised weekly ROI.
ArbiStar affiliates can also invest €5000 EUR in a “personal bot” product, which is also commissionable.
ArbiStar 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.
ArbiStar caps payable unilevel team levels at ten.
A 2% referral commission is paid on returns paid to unilevel team affiliates. Another 2% is paid on unilevel team reinvestment.
A separate one-time 6% referral commission is paid on unilevel team personal bot sales.
Note that upon signing up and investing, ArbiStar affiliates are limited to five unilevel team levels.
To unlock levels six to then they must personally convince others to invest at least €30,000 EUR.
If an ArbiStar affiliate manages to personally convince others to invest €100,000 EUR, they are paid a €10,000 EUR recruitment bonus.
This is a recurring bonus, paid each time €100,000 in personal referral investment volume is generated.
World Club Bonus
ArbiStar sets aside 5% of company-wide investment volume and places it into the World Club Bonus.
The World Club Bonus is paid to equally to ArbiStar affiliates who’ve generated €1 million in downline investment volume (min €30,000 EUR on level 1 of the unilevel team).
ArbiStar affiliate membership is free.
Participation in the attached income opportunity however requires an investment of €100 to €50,000 EUR.
Note that all payments in ArbiStar (both paid and received) are made in bitcoin.
How did Santi Fuentes, someone with no verifable trading history, stumble across a trading bot that generates, in his own words, up to 1% a day?
No idea. Neither ArbiStar or Fuentes explains that.
What we do know is Fuentes’ launched ArbiStar following involvement in a series of Ponzi schemes.
And even if we give Fuentes the benefit of the doubt, ArbiStar is still committing securities and pyramid fraud.
At the time of publication Alexa estimates Italy (31%), Spain (27%) and Mexico (11%) are the top sources of traffic to ArbiStar’s website.
In Fuentes’ native Spain, securities are regulated by the National Securities Market Commission. In Italy it’s the Italian Companies and Exchange Commission and in Mexico, the National Banking and Securities Commission.
ArbiStar provides no evidence of having registered itself with either of these regulators, meaning the company is operating illegally.
Pyramid scheme commissions are also a problem, because ArbiStar neither sells nor markets anything to retail customers.
As it stands the only verifiable source of revenue entering ArbiStar is new investment.
Either Santi Fuentes woke up one day and worked out how to generate 1% a day on autopilot, or ArbiStar is a Ponzi scheme.
The former fails the Ponzi logic test.
If Fuentes had a bot that was able to legitimately generate up to 1% a day, why not run it himself and pocket 100% of the profit?
ArbiStar are selling access to the bot to anyone, so surely Fuentes would be able to deploy the bot multiple times?
That’d what, easily make him the richest person on the planet within no time?
Yet here we are, with Fuentes whoring out the golden goose for as little as €100 EUR a pop.
As with all Ponzi schemes, once affiliate recruitment dies down so too will invested funds.
This will starve ArbiStar of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of investors lose money.
Need confirmation? Hit up Fuentes about his victims in all the Ponzi schemes he previously promoted.
While you’re at it, be sure to also ask what happened to ArbiStar 1.0.
Update 15th September 2020 – ArbiStar collapsed on September 14th.
As part of his exit-scam, Santi Fuentes is dangling a sixteen-month long refund process.
Update 23rd October 2020 – Spanish authorities have arrested Santi Fuentes.