Capital Share Limited Review: Dubai crypto mining Ponzi
Capital Share Limited provides bogus executive information on its website.
Under fictional aliases, Mark and Tammy Smith are presented as Capital Share Limited’s CEO and co-founder:
The Smiths are co-owners of DreamTrips, a travel themed MLM company that has nothing to do with Capital Share Limited.
Capital Share Limited’s marketing videos feature a robodubbed AI generated spokespersons.
Capital Share Limited’s website domain (“capitalshareltd.com”), was privately registered on November 17th, 2022.
If we look at Capital Share Limited’s website source-code, we find a reference to Lacore Payments:
LaCore Payments is a US-based payment processor owned by Terry LaCore. Like the Smiths, it’s unlikely LaCore is involved in Capital Share Limited.
In an attempt to appear legitimate, Capital Share Limited provides a corporate address in Dubai on its website.
This is an instant red flag due to Dubai being 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.
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.
Capital Share Limited’s Products
Capital Share Limited has no retailable products or services.
Affiliates are only able to market Capital Share Limited affiliate membership itself.
Capital Share Limited’s Compensation Plan
Capital Share Limited solicits investment in USD equivalents of bitcoin and tether.
This is done on the promise of advertised returns:
- Standard Package – invest $150 to $39,999 and receive 2% a day for 6 days
- Plus Package – invest $40,000 to $80,000 and receive 2.05% a day for 6 days
- Priority Package – invest $80,000 to $159,999 and receive 3% a day for 28 days
- Elite Package – invest $160,000 to $499,999 and receive 3.5% a day for 52 days
The MLM side of Capital Share Limited pays on recruitment of affiliate investors.
Referral Commissions
Capital Share Limited pays a 10% commission on cryptocurrency invested by personally recruited affiliates.
Rank Rewards
Capital Share Limited’s Rank Rewards pay investors a monthly bonus.
- VIP Rank – maintain an active investment, recruit fifteen affiliates and generate $8000 in total downline investment = $200 a month
- Executive Rank – maintain an active investment, maintain fifteen personally recruited affiliates and generate $15,000 in total downline investment = $450 a month plus a Rolex watch
- Global VIP – not disclosed
Note that to count towards Rank Rewards, recruited affiliates must have an active investment.
Joining Capital Share Limited
Capital Share Limited affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $150 investment.
Capital Share Limited solicits investment in bitcoin and tether.
Capital Share Limited Conclusion
Capital Share Limited is a pretty low effort MLM crypto Ponzi.
- logo is a combination of Windows fonts
- Dubai corporate address
- robodub AI generated marketing video hosts
- stolen corporate exec photos and bios
Capital Share Limited’s marketing ruse is crypto mining.
Our team of IT developers has depth knowledge of Bitcoin mining, assets and that is why they working dedicatedly to make mining accessible to everyone.
Not surprisingly, no evidence of Capital Share Limited being engaged in mining is provided.
Although it’s taken a backseat to trading, crypto mining was one of the most prominent MLM crypto Ponzi ruses.
LaCore Payments popping up in Capital Share Limited’s website source-code is interesting. I suspect this is due to copy and paste of an existing website template.
I did try to ascertain if LaCore Payments offers crypto processing but can’t confirm (LaCore Payments website is a login form with a logo).
If LaCore Payments is providing processing for Capital Share Limited, it’d be a pretty major compliance oversight on their part.
Based on language usage on Capital Share Limited’s website and in their marketing material, I suspect whoever is running it is a non-native English speaker.
Global VIP
Once you’ve left the chaos of security behind you, this benefit transforms your investment experience from an ignorance state into a moment of being part of us.
We offer the best service’s and we attend politely to all client’s, you can as well enjoy peace, comfort and as well more of secured investment with us.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Capital Share Limited of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Did I misread somewhere? James Hunk and Janny Andrew are aka Mark and Tammy Smith?
Represented as. Capital Share Limited stole their photos.
I’d have included a DreamTrips corporate photo but the company hides ownership information on its website. I have two other photos of the Smiths, one unbranded and one from the Nerium days.
Ooooh they are actually the Smiths and shown as fake names and bios on this site,sorry the verbage read a bit oddly.
I’m pretty sure they jacked their marketing material too. It mentions a $29.95 a month IBO fee.
Such a shame, at least the creative scammers make it mildly interesting.
Did anyone else notice that the document refers to James Hunk as “Janny”.
Then it refers to Janny Andrews also as “Janny”. Then in the last paragraph, it refers to them both as “Janny and TAMMY”. OOOOPS.