Global Aid Club fails to provide ownership or executive information on its website.

Global Aid Club’s website domain (“globalaid.club”), was privately registered on August 17th, 2023.

If we look in the footer of Global Aid Club’s website we find a logo claiming it was “developed by SpicyDevs”.

SpicyDevs pitches itself as “a web and blockchain development company”. In practice this translates to “crypto scam factory”.

One name we can attach to Global Aid Club and SpicyDevs is Andrew Colquhoun (aka Andy Colquhoun).

Colquhoun, a UK resident, put together Global Aid Club’s official compensation PDF.

On Twitter, Colquhoun pitches himself as a “graphic designer” and “crypto addict”.

Colquhoun is also “head of design for gmetaone”, another of SpicyDevs’ projects.

A visit to GMETAOne’s website reveals it’s an NFT metaverse “staking” model Ponzi scheme.

Colquhoun is either running SpicyDevs or working with undisclosed partners.

 

Update 10th October 2023 – Global Aid Club’s admin has been outed as US-resident Michael OBrien.

/end update

 

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.

Global Aid Club’s Products

Global Aid Club has no retailable products or services.

Affiliates are only able to market Global Aid Club affiliate membership itself.

Global Aid Club affiliate membership provides access to an ebook and digital article library.

Global Aid Club’s Compensation Plan

Global Aid Club affiliates invest $50 in binance coin (BNB). This is done on the promise of a $300,000 return (paid in BNB).

Global Aid Club’s return is tied to recruitment of new investors, and/or waiting for others to recruit them.

All in all there are fifteen ROI tiers within Global Aid Club:

  1. Beginner – either personally recruit three affiliates or wait for 75 affiliates to be recruited after you, then receive $1.5 a day for 40 days ($60)
  2. Runner – once two hundred investors have been recruited after you, you receive $1.75 a day for 40 days ($70)
  3. Bronze – once four hundred and fifty investors have been recruited after you, you receive $1.87 a day for 50 days ($93.50)
  4. Silver – once one thousand investors have been recruited after you, you receive $3 a day for 50 days ($150)
  5. Gold – once two thousand investors have been recruited after you, you receive $5 a day for 60 days ($300)
  6. Platinum – once five thousand investors have been recruited after you, you receive $7.50 a day for 70 days ($525)
  7. Diamond – once ten thousand investors have been recruited after you, you receive $12.50 a day for 80 days ($1000)
  8. Blue Diamond – once twenty thousand investors have been recruited after you, you receive $22.50 a day for 80 days ($1800)
  9. Entrepreneur – once fifty thousand investors have been recruited after you, you receive $32.50 a day for 80 days ($2600)
  10. Chairman – once sixty thousand investors have been recruited after you, you receive $62.50 a day for 90 days ($5625)
  11. Vice President – once seventy thousand investors have been recruited after you, you receive $95 a day for 90 days ($8550)
  12. President – once eighty thousand investors have been recruited after you, you receive $150 a day for 120 days ($18,000)
  13. Chief – once ninety thousand investors have been recruited after you, you receive $312.50 a day for 120 days ($37,500)
  14. King – once one hundred and ten thousand investors have been recruited after you, you receive $750 a day for 150 days ($112,500)
  15. Avenger – once one hundred and twenty thousand investors have been recruited after you, you receive $750 a day for 250 days ($187,500)

Note that required recruited affiliates can either be personally recruited or recruited by others.

Matching Bonus

Global Aid Club pays a 50% Matching Bonus on returns paid to personally recruited affiliates.

Global Aid Vacations

As a reward for investing in more than one $50 in BNB positions, Global Aid Club rewards affiliates with travel certificates.

  • invest one to four times and qualify for a “3 days, 2 nights sunscape all-inclusive” travel certificate
  • invest five to nine times and qualify for a “6 days, 5 nights in luxurious Mexico” travel certificate
  • invest ten times or more and qualify for either an “8 days, 7 nights in luxurious Mexico” or “8 days, 7 nights dream vacation” travel certificate.

Specifics on the certificates aren’t provides, other than an affiliate will have to pay a “small activation fee (and) taxes”.

Joining Global Aid Club

Global Aid Club affiliate membership is tied to a $50 in BNB investment.

Global Aid Club affiliates are encouraged to invest in multiple $50 positions.

Global Aid Club Conclusion

Global Aid Club markets itself as a simple $50 in BNB in, $300,000 in BNB out investment scheme.

WHY JOIN GLOBALAID

One Time $50 BNB and you can potentially make over $300k BNB without recruiting

The problem is, while an investor doesn’t have to recruit, the $300,000 in BNB ROI pitched is still derived from new investment.

Regardless of whether an investor personally recruits the people they’re stealing from, with no source of external revenue, Global Aid Club is a Ponzi scheme.

Somebody has to be recruiting, otherwise Global Aid Club falls apart.

As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.

This will starve Global Aid Club of ROI revenue, eventually prompting a collapse.

Being a Ponzi scheme that relies on company-wide recruitment, the majority of invested funds will go to Andy Colquhoun.

This will take place through stacked admin positions, placed first in queue above everybody else.

The math behind Ponzi schemes guarantees that when they inevitably collapse, the majority of participants lose money.

 

Update 9th October 2023 – Global Aid Club has collapsed.