Futures Trade Review: 3% a day crypto Ponzi scheme
Futures Trade provides no information on their website about who owns or runs the company.
Futures Trade’s website domain (“futurestrade.io”), was privately registered on November 6th, 2021.
Futures Trade’s official marketing presentation was authored by Aziz Samoon on January 2nd, 2022.
Samoon (right) owns Visionitive Media, a “social media and digital marketing agency” based out of Dubai.
Other names attached are the three admins of the official Futures Trade’s FaceBook group; John Botting, Alonso Alonso and Dylan Carnell.
According to his FaceBook profile, John Botting (right) is from the UK.
Botting first taste of cryptocurrency fraud appears to have been iHub Global mid last year.
In October 2021 Botting tried Lifevantage:
That doesn’t seem to have worked out.
Alonso Alonso is a career scammer from Milwaukee, Wisconsin.
BehindMLM last came across Alonso in relation to Up2Give, a 2019 bitcoin gifting scheme.
Perusal of Alonso’s FaceBook profile reveals he’s still neck-deep in fraud.
Dylan Carnell is from Manchester in the UK. He’s currently hiding out in Bali, Indonesia.
In official marketing videos, Carnell introduces himself as CEO of Futures Trade.
Carnell’s digital footprint prior to FuturesTrade is virtually non-existent, which I’m flagging as suspicious.
On the money side of things Carnell is laundering invested funds through the UK shell company Futures Trade Holdings LTD.
Futures Trade Holdings LTD was incorporated November 25th, 2021.
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.
Read on for a full review of Futures Trade’s MLM opportunity.
Futures Trade’s Products
Futures Trade has no retailable products or services.
Affiliates are only able to market Futures Trade affiliate membership itself.
Futures Trade’s Compensation Plan
Futures Trade affiliates invest cryptocurrency on the promise of an advertised daily return.
- Trading Package 1 – invest $50 or more and receive 1% a day for 20 days (120% ROI)
- Trading Package 2 – invest $1000 or more and receive 2% a day for 25 days (150% ROI)
- Trading Package 6 – invest $3000 or more and receive 3% a day for 30 days (190% ROI)
- Trading Package 6 – invest $30,000 or more and receive 150% after 6 days
The MLM side of Futures Trade pays on recruitment of affiliate investors.
Futures Trade Affiliate Ranks
There are four affiliate ranks within Futures Trade’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Beginner – sign up as a Futures Trade affiliate
- Representative – generate $5000 in downline investment volume
- VIP – generate $25,000 in downline investment volume
- Elite – generate $100,000 in downline investment volume
Futures Trade 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.
Futures Trade caps payable unilevel team levels at six.
Referral commissions are paid out as a percentage of funds invested across these six levels based on rank:
- Beginners earn 6% on level 1 (personally recruited affiliates), 2% on level 2 and 1% on levels 3 and 4
- Representatives earn 7% on level 1, 3% on level 2 and 1% on levels 3 to 5
- VIPs earn 9% on level 1, 3% on level 2 and 1% on levels 3 to 5
- Elites earn 10% on level 1, 4% on level 2, 2% on levels 3 and 4 and 1% on levels 5 and 6
Joining Futures Trade
Futures Trade affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $50 investment.
Futures Trade solicits investment in USD and bitcoin.
Futures Trade Conclusion
Futures Trade markets “risk free passive income”, purportedly derived through an “experienced traders team”.
No verifiable evidence of trading correlating to Futures Trade affiliate withdrawals is provided.
Futures Trade’s business model also fails the Ponzi logic test. If Dylan Carnell, some random guy living in Indonesia, was capable of generating 150% every 6 days through trading, he’d be doing that and shutting up about it.
It makes no sense to sell access to the golden goose for as little as $50.
Despite clearly offering a passive investment opportunity, Carnell fails to provide evidence he has registered Futures Trade with financial regulators in any jurisdiction.
At time of publication Alexa ranks the US as the largest source of traffic to Futures Trade’s website (57%).
Securities in the US are regulated by the SEC. Carnell failing to register Futures Trade with the SEC constitutes securities fraud.
As it stands the only verifiable source of revenue entering Futures Trade is new investment.
Using new investment to pay daily returns makes Futures Trade a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up, so too will new investment.
This will starve Futures Trade of ROI revenue, eventually prompting a collapse.
In a since deleted YouTube video uploaded on January 14th, Carnell detailed Futures Trade withdrawal problems.
A few days later Carnell introduced Futures Trade’s $30,000 Trading Package 6 investment tier.
Why should be obvious.
Update 23rd January 2022 – Futures Trade has further restricted withdrawals and introduced a new 200% plan.
Update 24th January 2022 – Futures Trade’s Dylan Carnell has been outed as UK resident Daniel Clayton.
Update #2 24th January 2022 – Futures Trade has collapsed, with owner Daniel Clayton pulling a blockbuster five-part exit-scam.
Update 6th March 2022 – Futures Trade scammers are trying to milk victims further with their LogicBitInvest reload scam.
Taking bets how long for rugpull. I’m putting money on March.
Heard about this from my pal. He’s not called Dylan Carnell. I know who he is.
This scam is bad crack. Reporting him with his real name to police for fraud. HMRC might be a bit interested too.
Company set up with false name too. Time’s up fella.
Do we have a name? The FaceBook account is a giveaway, dates back to 2015 but the account name is “dylanfutures”.
Daniel Clayton. He’s on LinkedIn. Don’t think he’s on FB under his real name.
Not this bloke is it?
300+ Daniel Clayton’s on LinkedIn…
‘Tis the very man. If you look at his FT You Tube vids you can see more clearly on the video where he’s not wearing the headset and cap.
Yeah I did see that vid. Tried to reverse-face but short-hair middle-eastern looking guys with beards was too generic.
I’m not 100% confident with only the blurry LinkedIn photo to go on so I won’t update the article.
If anyone comes across this review with further proof we can go from there. Discussion is up for anyone to see for themselves though.
Will consider removal of the LinkedIn profile as further evidence.
Thanks for the heads up though, appreciated.
A selfie taken (holding the phone) in what looks to be an employees’ bathroom mirror.
Very professional. Much impress.
He’s been really quite good at separating his two identities. I’ve only found two small slip ups. On his LinkedIn, right at the bottom he thanks an African guy called Albert Isingoma.
This guy Albert, a crypto guy, has only one recommendation for Dylan C.
The other is on his FB. He has used the original Daniel Clayton profile and although he has only FT type friends on there, there are still visible a few likes and comments from his real life friends.
One is Joe Barker who has a photo from 6 years ago of Daniel Clayton (the tag has been removed but name still showing). Daniel has commented on himself as Dylan Carnell (as his profile name is now).
Interesting. He has 2.5k investors now. Many putting in $20/30k. He’s had to selay withdrawals due to the current crypto slump.
One day soon a lot of people will be a lot worse off. Dylan will be ok as he doesn’t exist.
I have read all comments and this just seems like a hate post on Futures Trade. How is someone hiding out in Bali meeting clients in the UK?
You need to make some honest real reviews. This post is honestly a hate post. Aziz sammoon could be a hired writer, why drag his name in the mud.
Albert Isingoma seems like a legit real person after going though his LinkedIn, why go racist with your comment by saying “some African guy”.
This post has to must hate especially in the comments.
You think deleting “Facebook Live Presentation – One Month Anniversary Updates”, the video you showed yourself without a cap, is enough to cover your tracks?
Tomorrow the article “Daniel Clayton outed as Futures Trade CEO “Dylan Carnell”” goes live. It’s choc-full of evidence.
Sending me three “please take Futures Trade articles down. I’ll pay you!” emails? Bitch, you should be terrified.
And you deleted your LinkedIn profile too? Too late mate. Too late.
You’ve got about ten hours to exit-scam if you want a head start.
Some very legit credible investors have met him and veriffied his ID that he is Dylan Carnell. Most people have seen his ID and verified it.
You are accusing people falsely without proof.
^^ This is what shitting bricks looks like.
Legit credible investors in a Ponzi scheme? The fuck out of here.
Posting the emails too I hope, this is hilarious.
what exactly is your point? These Facebook moderators were hired last month, why drag their names here.
You have told so many lies but keep up. I have followed FT for a long time. you are just hating on Dylan honestly.
I respect him for reaching out professionally to you after all your useless lies. You are only trying to use his name to create some credibility for yourself.
Unsure of whether to read the article when it’s up or wait for the movie.
I would appreciate it if you would stop stating that the FCA do not actively regulate mlm related securities fraud.
In actual fact, and being British I can confirm this, the FCA do not actively regulate mlm related securities fraud while drinking tea, that is a more accurate portrayal of what they do.
They are am absolute disgrace.
Cry more Daniel.
How is it namedragging if your business is legit Daniel? Just give the audited info and registrations as required.
I’m sure Oz would happily update the review with any relevant information, we’re all human after all.
He’s not in Bali. He says on the post that was an old photo.
It’s not racist to refer to someone as an African guy, I wouldn’t be offended to be called a British guy . It is a statement of fact.
Daniel/Dylan has now deleted his comments from the old photo but don’t worry…everything is recorded/screenshot in detail. We know his full name, DOB, address, place of work, mother’s maiden name etc etc. The police have got it on a plate.
If you are thinking of investing in the new FT packages do yourself a favour and steer well clear because the house of cards is about to tumble.
I just wanna say I know John Botting and he’s a genuine fab guy.
Don’t know about the other two you mentioned. Got no background on them, but John yes I know him personally!!
Botting might be a fab guy but he’s also out here promoting and profiting off Ponzi schemes.
As soo as you see any negative post being removed you knew this was a Ponzi scheme, why would the group delete people instead of answering awkward questions?
Good job basically handgrenading this scam haha.
Beers all around.
Wow the networkers got so hyped with fast money that the con this guy setup was far easier. Nearly 9 million bought in.
He was going to do them all with the defi token but his seemed to have shut this even faster than I thought
Greed is a horrid thing. Matter of time before this guy gets tracked down as for Botting his involved with this setup money changes everyones perception of what’s right or wrong.
You are completely wrong about John. He never got involved with any of the set up. he was just a moderator for the group lol.
I know him very very well. Whether you agree with it or not, ponzi or not, John was not involved to that degree!
No one said he did. Botting is a scumbag Ponzi promoter and admin of at least one Ponzi scam FaceBook group.
What are you not getting here?
see guys it’s fine,he just worked with the scammers,but he didn’t do anything worse. Innoceeeeeeent
Is this like being an accountant for a drug lord?
Imagine being OK with your buddy ripping people off in Ponzi schemes, but cracking the sads when people call him out on it.
You ain’t (Ozedit: dummy spit removed)
By way of being unable to state otherwise, thanks for agreeing John Botting is a scumbag who promotes Ponzi schemes.
Hope you didn’t lose too much in Futures Trade. Have a nice day.
Ironic given the playground level or argument you present in defense of your “friend” working for an obvious scam.
At best he’s an idiot.
At worst he’s a scammer.
So Tracy which one is it?
Tracy = spam-bin. For some reason she just can’t seem to accept John Botting is a scumbag Ponzi promoter.
I mean it’s not like there’s documented evidence or anything.
These don’t have to be mutually exclusive.
True, that sits somewhere inbetween.
I simplified the choices for Tracy but guess we’ll never know now /sad
Well, guess I lost this bet hard.
I was ready to bet on mid-February. Still a pretty hard fail.