Brainstorm Review: Trading ruse Dubai Ponzi scheme
Brainstorm fails to provide ownership or executive information on its website.
Brainstorm’s website domain (“brainstorm.market”), was privately registered on September 12th, 2024.
Further research reveals Brainstorm marketing material citing CEO Jubbaer Miah:
Miah appears to be some random crypto bro from the UK, now residing in Dubai:
On its official YouTube channel, which for some reason isn’t linked from Brainstorm’s website, the native language of marketing videos is French.
Of note is Brainstorm marketing a “trading bootcamp in Dubai” last month:
From this we can ascertain Brainstorm is likely being run by French scammers in Dubai, hiding behind Jubbaer Miah as CEO.
Further supporting this is, as of February 2025, SimilarWeb tracking 100% of Brainstorm’s website traffic from France.
Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the MLM crime capital of the world.
BehindMLM’s guidelines for Dubai are:
- If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
- If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.
If you want to know specifically how this applies to Brainstorm, read on for a full review.
Brainstorm’s Products
Brainstorm has no retailable products or services.
Affiliates are only able to market Brainstorm affiliate membership itself.
Brainstorm’s Compensation Plan
Brainstorm affiliates invest $100 or more on the promise of 35% a month. Note Brainstorm charges a 50% fee on returns generated.
The MLM side of Brainstorm pays on recruitment of affiliate investors.
Brainstorm Affiliate Ranks
There are six ranks within Brainstorm’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Rank 1 – invest at least $100 and generate $500 in downline investment volume
- Rank 2 – invest at least $200 and generate $1500 in downline investment volume
- Rank 3 – invest at least $500 and generate $5000 in downline investment volume
- Rank 4 – invest at least $1500 and generate $20,000 in downline investment volume
- Rank 5 – invest at least $3000 and generate $100,000 in downline investment volume
- Rank 6 – invest at least $10,000 and generate at least $500,000 in downline investment volume
Deposit Bonus
Brainstorm pays a deposit bonus on the first investment made by personally recruited affiliates.
- Rank 1 affiliates earn a 5% Deposit Bonus
- Rank 2 affiliates earn a 6% Deposit Bonus
- Rank 3 affiliates earn a 7% Deposit Bonus
- Rank 4 affiliates earn an 8% Deposit Bonus
- Rank 5 affiliates earn a 9% Deposit Bonus
- Rank 6 affiliates earn a 10% Deposit Bonus
Note that the Deposit Bonus is coded, meaning higher ranked Brainstorm affiliates earn the percentage difference on lower ranked affiliates in their downline.
ROI Match
Brainstorm pays a ROI match 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.
Brainstorm caps unilevel team levels at fifteen.
The ROI Match is paid as a percentage of returns generated across these fifteen levels based on rank:
- Rank 1 affiliates earn a 15% match on level 1 (personally recruited affiliates)
- Rank 2 affiliates earn a 15% match on level 1 and 10% on level 2
- Rank 3 affiliates earn a 15% match on level 1, 10% on level 2 and 7% on level 3
- Rank 4 affiliates earn a 15% match on level 1, 10% on level 2, 7% on level 3 and 3% on levels 4 to 6
- Rank 5 affiliates earn a 15% match on level 1, 10% on level 2, 7% on level 3, 3% on levels 4 to 6 and 2% on levels 7 to 9
- Rank 6 affiliates earn a 15% match on level 1, 10% on level 2, 7% on level 3, 3% on levels 4 to 6, 2% on levels 7 to 9 and 1% on levels 10 to 15
Rank Achievement Bonus
Brainstorm has a separate set of eight Ranks it pays a one-time Rank Achievement Bonus on:
- Rank 1 – invest $100 to qualify but no Rank Achievement Bonus
- Rank 2 – invest at least $200, generate $2500 in downline investment volume and receive $25
- Rank 3 – invest at least $2500, generate $100,000 in downline investment volume and receive an iPhone 15
- Rank 4 – invest at least $3000, generate $220,000 in downline investment volume and receive a MacBook
- Rank 5 – invest at least $15,000, generate $1,000,000 in downline investment volume and receive $10,000
- Rank 6 – maintain a $15,000 investment, generate $5,000,000 in downline investment volume and receive $50,000
- Rank 7 – invest $20,000, generate $8,000,000 in downline investment volume and receive $80,000 plus a share in 4% of company-wide investment
- Rank 8 – maintain a $20,000 investment, generate $12,000,000 in downline investment volume and receive $120,000 plus a share in 6% of company-wide investment
Joining Brainstorm
Brainstorm affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $100 investment.
Brainstorm Conclusion
Brainstorm’s website represents it generates ROI revenue via automated trading.
Our automatic solutions will put your money to work for you, while providing you with tailor-made support.
This marketing, along with Brainstorm’s business model, fails the Ponzi logic test.
If Brainstorm already has automated trading generating 35% a month minimum, what does it need your money for?
Additionally on the regulatory front Brainstorm’s investment opportunity triggers both securities and commodities registration requirements.
Brainstorm fails to provide evidence it has registered with securities and/or commodities regulators in any jurisdiction. This includes France’s AMF.
As it stands the only verifiable source of revenue entering Brainstorm is new investment.
Using new investment to pay ROI withdrawals would make Brainstorm a Ponzi scheme. Also with nothing marketed or sold to retail customers, the MLM side of Brainstorm operates as a pyramid scheme.
As with all Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Brainstorm of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.