Billions Trade Club Review: Smart Business Corp Ponzi spinoff
Billions Trade Club fails to provide ownership or executive information on its website.
Billions Trade Club’s website domain (“billionstradeclub.com”), was first registered in November 2021. The private registration was last updated on October 9th, 2022.
Prelaunch videos were uploaded to Billions Trade Club’s YouTube channel in July 2022. The company launched shortly thereafter.
While it doesn’t provide any specific information, Billions Trade Club does provide a photo of what it claims are “strategic management”:
Through additional research I’ve added Billions Trade Club’s management names in the caption above.
Other than him being a random crypto bro running something called “HamdenCorp”, I wasn’t able to get a reading on Shakin Hamden prior to Billions Trade Club.
Jorge Rodriguez was the Commercial Director of Smart Business Corp.
Daniel Ortiz and Ivan Velez were Smart Business Corp promoters.
Smart Business Corp is an Mexican MLM crypto Ponzi scheme. BehindMLM reviewed Smart Business Corp in May 2022, following its transition to cryptocurrency (which Rodriguez, Ortiz and Velez were very much part of).
SimilarWeb tracked just 13,000 visits to Smart Business Corp’s website as of February 2023. For an MLM Ponzi scheme, that’s as good as dead.
If I had to guess, the writing was already on the wall for Smart Business Corp in early 2022. This prompted Rodriguez, Ortiz and Velez to abandon ship and launch Billions Trade Club.
Billions Trade Club operates through Quantum Leap Company LLC, a shell company purportedly incorporated in St. Vincent and the Grenadines.
St. Vincent and the Grenadines is a scam-friendly jurisdiction with no known active enforcement of MLM related fraud.
As opposed to St. Vincent and the Grenadines, Billions Trade Corp is operated from Mexico. The company is primarily being pitched in Mexico and the Americas.
SimilarWeb currently ranks top sources of traffic to Billions Trade Club as Mexico (62%), Colombia (12%), the US (11%) and Brazil (11%).
Billions Trade Club
Billions Trade Club has no retailable products or services.
Affiliates are only able to market Billions Trade Club affiliate membership itself.
Billions Trade Club affiliate membership provides access to “educational services”.
Billions Trade Club’s Compensation Plan
Billions Trade Club affiliates pay an annual membership fee with tether (USDT):
- BTC 500 – 500 USDT
- BTC 1000 – 1000 USDT
BTC 1000 tier affiliates can exempt themselves from annual fees by recruiting four affiliates.
Billions Trade Club affiliate membership tiers provide access to investment plans, through which a passive monthly ROI is paid:
- Start – invest 1000 to 4900 USDT and receive up to 6% a month
- Advance – 5000 to 9900 USDT and receive up to 7% a month
- Pro – invest 10,000 or more and receive up to 9% a month
Note that BTC 500 affiliates can only invest at the Start tier. Advanced and Pro requires a BTC 1000 membership.
The MLM side of Billions Trade Club pays on recruitment of affiliate investors.
Billions Trade Club Affiliate Ranks
There are seven ranks within Billions Trade Club’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Dreamer – generate 50,000 USDT in downline investment volume
- Builder – generate 150,000 USDT in downline investment volume
- Adviser – generate 500,000 USDT in downline investment volume
- Investor – generate 1,500,000 USDT in downline investment volume
- Founder – generate 5,000,000 USDT in downline investment volume
- Continental Founder – generate 13,000,000 USDT in downline investment volume
- Global Founder – generate 30,000,000 USDT in downline investment volume
Recruitment Commissions
Billions Trade Club pays referral commissions on initially invested USDT down two levels of recruitment:
- level 1 (personally recruited affiliates) – 40%
- level 2 – 20%
Investment Referral Commissions
Billions Trade 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.
Billions Trade Club caps referral commissions down four unilevel team levels.
Referral commissions are paid as a percentage of USDT invested across these four levels as follows:
- level 1 (personally recruited affiliates) – 4%
- levels 2 to 4 – 2%
Rank Achievement Bonus
Billions Trade Club rewards affiliates for qualifying at Dreamer and higher with the following one-time Rank Achievement Bonuses:
- qualify at Dreamer and receive 500 USDT
- qualify at Builder and receive 1500 USDT
- qualify at Adviser and receive 5000 USDT
- qualify at Investor and receive 15,000 USDT
- qualify at Founder and receive 40,000 USDT
- qualify at Continental Founder and receive 100,000 USDT
- qualify at Global Founder and receive 200,000 USDT
Note that a BTC 500 membership tier affiliates are excluded from the Rank Achievement Bonus.
Car Bonus
Builder and higher ranked Billions Trade Club affiliates receive a monthly Car Bonus:
- Builders receive 400 USDT a month
- Advisers receive 1000 USDT a month
- Investors receive 2000 USDT a month
- Founders receive 4000 USDT a month
- Continental Founders and Global Founders receive 8000 USDT a month
Joining Billions Trade Club
Billions Trade Club affiliate membership is available at two price-points:
- BTC 500 – 500 USDT annually
- BTC 1000 – 1000 USDT annually
In addition to these membership tiers, full participation in the income opportunity requires an additional 1000 USDT minimum investment.
All payments within Billions Trade Club are made in USDT.
Billions Trade Club Conclusion
Billions Trade Club can be summed up as bunch of Smart Business Corp Ponzi scammers leaving the scam as it collapsed to launch their own Ponzi scheme.
If you buy into the marketing, Billions Trade Club represents it generates external revenue via crypto arbitrage.
The capital contributed in all Profit Plans is managed exclusively through a strategy of Crypto Arbitration, this being the only productive activity that potentially generates profits For the users.
No verifiable evidence of arbitrate or any other external revenue generation source is provided.
Again though, these are Smart Business Corp Ponzi scammers. Smart Business Corp’s Ponzi ruse was… you guessed it, trading.
As with Smart Business Corp, there is no trading. All Billions Trade Club are doing is recycling newly invested USDT to pay out existing investors.
Attached to this is a pyramid recruitment scheme, which financially incentivizes recruitment of affiliate investors.
On the regulatory front Billions Trade Club isn’t registered with financial regulators in any jurisdiction it solicits investment in. The St. Vincent and the Grenadines shell incorporation is, beyond being a red flag in and of itself, absolutely meaningless.
Smart Business Corp was run out of Mexico and shell incorporated in Vanuatu.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Billions Trade Club of ROI revenue, eventually prompting a collapse.
The math behind MLM Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
To see this having already played out in practice, look no further than Smart Business Corp.
Update 25th July 2024 – Billions Trade Club has collapsed.
Scammers will stay scammers. From Onecoin to Smart now this!
Sometimes they give the people the impression they want to change their life and do a legal business but shortly after you’ll find them in the next big hype ponzi to do what they do best, stealing money from people.
We really hope on a Quick reply from the company. But…
Marketing hard in Latin America Ecuador specially to people that love hype. And lies !!!
BehindMLM team, I suppose you received a letter from one of the founders of the club.
I have had confirmation that it was sent to you although we do not see it posted here. Have you received it?
When do you plan to publish it and respond to their offer of a confrontation to prove their correctness and the fact that, according to their claim, you have written inaccuracies about them? We look forward to your responses, thank you.
I don’t usually publish legal correspondence unless it’s particularly egregious or of some other relevance (ties into something else I’m covering).
If Billions Trade Club want to make a marketing point out of it, I guess…
Yesterday I received a short email from Shakib Hamden whining about “incorrect and defamatory information” about Billions Trade Club.
To which I replied;
Astroturfing = permanent spam-bin. Goodbye.
If they don’t have the permissions why do they continue to work?
Also in Europe they are working and nobody says anything.
Regulation is reactionary. Unfortunately regulators can be slow to react to MLM related securities fraud.
It should be noted Billions Trade Club website traffic plummeted by 74% between May and June 2023.
Unless new victims are found soon, Billions Trade Club isn’t so much “working” in Europe as it is collapsing.
Where can they be reported in Europe?
Best place to start is the financial regulator in your country.
I checked, in Italy it’s CONSOB.
They, Billions Trade Club, aren’t mentioned by CONSOB. Yet.
This 8% monthly return scam is still going strong. They have some serious Italian leaders pushing it everywhere not only in Italy but allover Latin America.
They fill up rooms with 500 to a 1000 people each time they have an event.