Metafi Yielders Review: Budget Boris CEO Ponzi?
Metafi Yielders provides no information on its website about who owns or runs the company.
In an attempt to appear legitimate, Metafi Yielders provides a random residential address in NSW, Australia.
Metafi Yielders’ website links to an official private FaceBook group.
The one admin of the group is CEO “Michael Daher”, represented by a blank newly created FaceBook account.
Admins of Metafi Yielders official FaceBook group are Robin Shanks, Rabbia Akmal, Huzaifa Naseeb, Chigozie Anthony Ezubelu, Femi Adeyemi and Leanna Sippel.
Metafi Yielders’ website also contains an embedded marketing video, titled “METAFI YIELDERS Facebook Live Presentation and Q&A”.
The video features Michael Daher, who has a distinctly Australian accent.
Further research reveals Daher’s actual name is Michel Daher. He also goes by Micho Nicolas.
Daher, or Nicolas, is a long-time resident of Perth, Australia. For reference, Perth is on the western coast of Australia. Blacktown in Sydney is on the east coast.
Prior to reinventing himself as the CEO of an MLM company, Daher fancied himself a vlogger and “amateur experimental chef and lover of food“.
Circa 2015, Daher was working as a photographer for The Shed Studios Australasia:
Up until very recently, the photo used to represent the new “Michael Daher” FaceBook profile was used on Michel Daher’s YouTube channel:
As far as I can tell, Daher/Niholas has no prior MLM corporate experience.
Taking a step back, Metafi Yielders has all the calling cards of a Russian Boris CEO Ponzi scheme. You have a template website, Telegram support, CEO nobody has ever heard of and random residential address.
What’s missing is the usual rented office videos. What gives?
Metafi Yielders’ website domain (“metafiyielders.com”), was privately registered on March 16th, 2022.
Russia invaded Ukraine a few weeks earlier in mid February. Heavy sanctions soon followed.
I imagine finding English-speaking foreign nationals in Russia presently can’t be easy. And so we have what appears to be the first budget Boris CEO Ponzi.
That is to say Micho Nicolas has been hired to front Metafi Yielders. He’s been sent a tshirt and rocks up to Metafi Yielders webinars on a webcam from his residence in Perth.
A far cry from the rented office studio production videos Boris CEO Ponzis usually deliver.
Alternatively Daher/Nicolas is some random schmuck who woke up one day and decided to launch his own MLM company.
Maybe someone can ask him about this on the next Metafi Yielders webinar?
Alexa currently ranks top sources of traffic to Metafi Yielders’ website as Vietnam (19%), the US (18%) and Colombia (13%).
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.
Metafi Yielders’ Products
Metafi Yielders has no retailable products or services.
Affiliates are only able to market Metafi Yielders affiliate membership itself.
Metafi Yielders’ Compensation Plan
Metafi Yielders affiliates invest funds on the promise of advertised returns.
- Yield Farming Basic – invest $100 or more and receive 1% a day for 30 days (130% total ROI)
- Yield Farming Pro – invest $2500 or more and receive 3.3% a day for 42 days (238.6% total ROI)
The MLM side of Metafi Yielders pays on funds invested by recruited affiliates.
MetaFi Yielders pays referral commissions on invested funds 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.
Metafi Yielders cap payable unilevel team levels at seven.
Referral commissions are paid as a percentage of funds invested across these seven levels based on rank:
- Basic Affiliates earn 7% on level 1 (personally recruited affiliates), 2% on level 2 and 1% on level 3
- Pro Affiliates earn 7% on level 1, 3% on level 2, 2% on level 3 and 1% on level 4
- Gold Affiliates earn 7% on level 1, 3% on levels 2 and 3 and 1% on levels 4 and 5
- Diamond Affiliates earn 8% on level 1, 3% on level 2, 2% on levels 3 and 4 and 1% on levels 5 to 7
Note that Metafi Yielders do not provide rank qualification criteria.
Metafi Yielders rewards affiliates for generating downline investment volume:
- convince others to invest $25,000 and receive $2500
- convince others to invest $100,000 and receive $5000
- convince others to invest $250,000 and receive $10,000
Joining Metafi Yielders
Metafi Yielders affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $100 investment.
Metafi Yielders solicits investment in USD (Perfect Money), tether, bitcoin, ethereum and litecoin.
Metafi Yielders Conclusion
MetaFi Yielders is a simple Ponzi scheme.
Choose an investment package, and let the YIELD FARMING protocol does the work for you, get you to get your daily returns, and withdraw them to your wallet.
Here we have the crypto buzzword “yield farming” used to substitute “recycling newly invested funds to pay existing investor withdrawals”.
MetaFi Yielders’ business model fails the Ponzi logic test. Anyone capable of generating 3.3% a day consistently would just do so. They certainly wouldn’t be selling you access for $100.
With Metafi Yielders recruitment running rampant across the US, that also brings with it a requirement to register with the SEC.
A search of the SEC’s Edgar database reveals neither Metafi Yielders, Michel Daher or any of his aliases are registered.
Thus at a minimum MetaFi Yielders, Daher and all of Metafi Yielders’ promoters are committing securities fraud.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Metafi Yielders of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Of far more interest than it being just another cookie-cutter Ponzi, is Metafi Yielders use of a native Australian to front it.
This is certainly an interesting development for the Boris CEO niche.
I suspect we’ll see this strategy deployed more frequently as hiring actors in Russia and neighboring countries becomes more difficult.
When you inevitably wind up reading this Michel, I’d be interested to hear how you were hired.
Boris CEO scammers troll FaceBook acting groups to find their casts in Europe.
If they’re doing the same now in Australia and elsewhere, the least you could do is spread the word to prevent fellow actors ruining their reputations too.
Update 4th May 2022 – Days prior to Metafi Yielders’ 3.3% a day plans expiring, a new 4.2% plan has been introduced.
Michel Daher has also attempted to address Metafi Yielders’ securities fraud.
Update 17th May 2022 – Metafi Yielders is collapsing. The Ponzi scheme has announced withdrawal restrictions.
Update 24th May 2022 – Metafi Yielders has collapsed.
Update 15th June 2022 – Metafi Yielders has deleted all videos from their YouTube channel.
This article originally provided a link to the cited Michael Daher Q&A video. As the video has been deleted I’ve had to disable the link.
Update 28th June 2022 – Metafi Yielders’ website is offline.