My Travel Biz Review: Travel booking engine, recruitment & TravelCoin
My Travel Biz operate in the travel MLM niche. The company does not provide a contact address on its website.
The My Travel Biz Facebook page states the company is in Las Vegas, Nevada with no address provided.
Heading up My Travel Biz are co-founders Atif Kamran (President) and Geraldine Aquino (CEO).
Atif Kamran and Geraldine Aquino are seasoned professionals in the direct selling industry.
They have experienced their fair share of successes and have acquired rich experience while building successful global businesses.
Geraldine and Atif’s vision to build a business that would showcase only the good of the industry shows their passion to help others achieve the success they deserve.
With this in mind, MyTravelBiz was born.
Prior to launching My Travel Biz, Atif Kamran and Geraldine Aquio were attached to the LEO pyramid scheme.
Geraldine Aquino was appointed COO of LEO in April, 2015.
On his LinkedIn profile, Atif Kamran credits himself as a co-founder and Chief Marketing Officer of LEO since 2012. Prior to LEO Kamran had links to Unaico.
Kamran is based out of the UK while Aquino is based out of Canada. If My Travel Biz is incorporated in Nevada, it appears to be so as a shell company with no physical presence.
Read on for a full review of the My Travel Biz MLM opportunity.
My Travel Biz Products
My Travel Biz has no retailable products and services of its own, with affiliates only able to market My Travel Biz affiliate membership.
My Travel Biz affiliate membership provides access to a “Full Travel Product Suite”, through which discounted third-party travel services can be booked.
We developed a unique, patent-pending algorithm that searches more options than anyone else, ensuring we are able to deliver the best prices around!
Our online store offers access to inventory from over 1 million properties worldwide, over 750 airlines, unlimited vacation packages and events, and thousands of car rental locations. And all at prices you will be proud to share.
Travel booked through the Full Travel Product Suite generate sales volume which is paid out through he My Travel Biz compensation plan.
The My Travel Biz Compensation Plan
My Travel Biz pay affiliates to sell travel service through branded replicated storefronts.
Residual commissions are paid out via a binary compensation structure, as well as a unilevel based upline commission.
Note that commissions paid out in the My Travel Biz compensation plan primarily used Commissionable Volume (CV).
CV is sales volume generated by purchases through a replicated My Travel Biz storefront. It is typically less than the retail price paid.
My Travel Biz affiliate memberships also generate CV, resulting in most commissions paid out also doubling as recruitment commissions.
- recruitment of a Business Class affiliate ($1200) generates 1000 CV
- recruitment of a First Class affiliate ($5000) generates 4000 CV
Note that MLM commission qualification requires an affiliate to qualify at the 2 Star rank or higher.
My Travel Biz Affiliate Ranks
The My Travel Biz compensation plan has thirteen affiliate ranks.
Along with their qualification criteria, they are as follows:
- 2 Star – generate 1000 CV in lesser binary team volume
- 3 Star – generate 2000 CV in lesser binary team volume
- 4 Star – generate 4000 CV in lesser binary team volume
- 5 Star – generate 8000 CV in lesser binary team volume
- Leader – generate 16,000 CV in lesser binary team volume
- Executive Leader – generate 50,000 CV in lesser binary team volume
- National Leader – generate 100,000 CV in lesser binary team volume
- Regional Leader – generate 250,000 CV in lesser binary team volume
- Director – generate 500,000 CV in lesser binary team volume
- Executive Director – generate 100,000 CV in lesser binary team volume
- National Director – generate 2,500,000 CV in lesser binary team volume
- Regional Director – generate 5,000,000 CV in lesser binary team volume
- Diamond Director – generate 10,000,000 CV in lesser binary team volume
Retail Travel Commissions
Travel commissions are paid on retail travel services booked through replicated My Travel Biz storefronts.
- Business Class affiliates earn 20% of retail CV
- First Class affiliates earn 80% of retail CV
A referral commission is paid out on CV generated by personally recruited affiliates:
- Business Class affiliates are paid a 5% referral commission
- First Class affiliates are paid a 10% referral commission
Residual Commissions
My Travel Biz pay residual commissions via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.
Each week My Travel Biz tally up new CV generated on both sides of the binary team.
An affiliate is paid 10% of CV generated on their weaker binary side.
- Business Class affiliates can earn up to $15,000 a week
- First Class affiliates can earn up to $50,000 a week
Note that leftover CV on the stronger side is carried over into the next week.
Upline Commission
My Travel Biz’s Upline Commission is paid on residual commissions paid to upline affiliates.
How many upline levels the Upline Commission is paid on is determined by recruitment of 2 Star or higher ranked affiliates.
- recruit one 2 Star or higher affiliate and earn the Upline Commission on one upline level (the affiliate who recruited you)
- recruit two 2 Star or higher affiliates and earn the Upline Commission on two upline levels
- recruit three 2 Star or higher affiliates and earn the Upline Commission on three upline levels
- recruit four 2 Star or higher affiliates and earn the Upline Commission on four upline levels
- recruit five 2 Star or higher affiliates and earn the Upline Commission on five upline levels
- recruit six 2 Star or higher affiliates and earn the Upline Commission on six upline levels
- recruit seven 2 Star or higher affiliates and earn the Upline Commission on seven upline levels
- recruit eight 2 Star or higher affiliates and earn the Upline Commission on eight upline levels
- recruit nine 2 Star or higher affiliates and earn the Upline Commission on nine upline levels
- recruit ten 2 Star or higher affiliates and earn the Upline Commission on ten upline levels
Based on the above qualification criteria
- First Class affiliates earn 5% on upline levels 1 and 2, 4% on levels 3 and 4, 3% on levels 5 and 6, 2% on levels 7 and 8 and 1% on levels 9 and 10
Business Class affiliates earn 15% over five levels, however the My Travel Biz compensation plan does not disclose exact level percentage payouts.
Rebate Commission
My Travel Biz affiliates earn a rebate commission on travel services booked through their affiliate account.
The Rebate Commission is 100% of commissionable volume generated, capped at $1000 a year for Business Class affiliates and $10,000 a year for First Class affiliates.
Rank Achievement Bonus
My Travel Biz rewards affiliates who qualify at the 2 Star rank with TravelCoin and cash bonuses.
- qualify as a 2 Star affiliate and receive $500 in TravelCoin
- qualify as a 3 Star affiliate and receive $500 in TravelCoin
- qualify as a 4 Star affiliate and receive $1000 in TravelCoin
- qualify as a 5 Star affiliate and receive $2000 in TravelCoin
- qualify as a Leader and receive $4000 in TravelCoin
- qualify as an Executive Leader and receive $5000 in TravelCoin and $1000 cash
- qualify as a National Leader and receive $6000 in TravelCoin and $2000 in cash
- qualify as a Regional Leader and receive $7000 in TravelCoin and $3000 in cash
- qualify as a Director and receive $10,000 in TravelCoin and $10,000 in cash
- qualify as an Executive Director and receive $30,000 in TravelCoin and $15,000 in cash
- qualify as a National Director and receive $50,000 in TravelCoin and $55 in cash
- qualify as a Regional Director and receive $100,000 in TravelCoin and $100,000 in cash
- qualify as a Diamond Director and receive $300,000 in TravelCoin and $300,000 in cash
Joining My Travel Biz
My Travel Biz affiliate membership costs either $1200 for Business Class or $5000 for First Class.
Both memberships are paid for five years, after which a $200 annual fee applies for Business Class and $1000 for First Class.
The primary difference between the two affiliate membership options is income potential via the My Travel Biz compensation plan.
Conclusion
Like pretty much every MLM travel company before it, the problem with My Travel Biz is the company provides access to discounts and pays on recruitment.
Providing access to discounts isn’t a product in and of itself. In MLM a company needs to be marketing and selling something to retail customers. Providing access to a gateway doesn’t cut it, especially when said gateway can be ignored in favor of affiliate recruitment.
Both the Business Class and First Class affiliate memberships generate sales volume in the My Travel Biz compensation plan, which means affiliates can focus only on recruitment and max out earnings.
If this was happening company-wide at the cost of travel services booked by non-affiliates, this would make My Travel Biz a pyramid scheme.
The likelihood of this happening is pretty high. As I write this Alexa estimate Pakistan is the largest source of traffic to the My Travel Biz website (47%). Bangladesh is second at 13%, followed by the Ukraine at 5.5%.
Research reveals multiple LEO presentations held by Atif Kamran in Urdu, suggesting he primarily focused on recruitment in the UK and Pakistan.
It’s probably not a stretch to suggest he’s building My Travel Business by leaning on former (and possibly current) LEO affiliates across the UK and Pakistan.
Ethnic UK residents plundering Pakistan and India for recruitment into pyramid and Ponzi schemes is an MLM phenomena that’s been around for years.
Other points of interest in My Travel Biz are the claim it’s the “World’s First Marketing Plan on Blockchain” and integration of TravelCoin.
Regarding the blockchain claim, what that means is unclear. My Travel Coin’s compensation plan pays the same as any other with real money.
It’s not on a blockchain, nor is any facet of the MLM business as far as I can see.
The only connection to a blockchain is TravelCoin, which My Travel Biz subsidize Rank Achievement Bonuses with.
My Travel Biz claim to be a “founding Corporate Subscriber” of TravelCoin, but other than that there doesn’t appear to be a direct relationship between the two companies.
TravelCoin is a yet to be launched altcoin from the TravelCoin Foundation, headed up by Executive Director, Kate Guimbellot.
TravelCoin Foundation (TCF) is determined to change people’s lives while meeting the needs and demands inherent in the travel industry.
Through dedicated funding and development, TCF is working to allow for an easier, more humane experience for travellers worldwide.
And, through grants for software development, PR and Marketing, TravelCoin is allowing people to change their lives while they are part of changing the world with TCF.
Presumably at some point there are plans to integrate TravelCoin into My Travel Biz’s travel booking engine.
For now though TravelCoin is little more than yet another Ethereum based altcoin.
The TravelCoin ICO kicked off earlier this month, however whether the coin goes anywhere remains to be seen.
If the primary holders of TravelCoin are My Travel Biz affiliates engaged in pyramid recruiting, it’ll probably collapse by the end of year.
Update 4th September 2019 – A reader below left a comment (#15) regarding My Travel Biz’s new opportunity, 6 Degrees Cash.
I had a look into it and while commissions are paid out on cashback, it appears to be limited to one level.
That makes the 6 Degrees Cash part of My Travel Biz non-MLM, and so there won’t be a separate review published.
This really really reminds me of YTB (YourTravelBiz), albeit aimed outside of the US, in more ways than one.
Shell company in Nevada.
Travelcoin – no public blockchain, no public exchange, ICO scam full of MLM employees – probably a wannabe onecoin.
No product – you can do it yourself with expedia affiliates.
Kamran – got fired from his last job.
5000 bucks for a package.
I searched for mytravelbiz, and got an old company that stopped in 2015 – this company probably chose the name so the police would find it hard to arrest them.
Do not get sucked into this obvious scam.
Thanks for your review OZ, hopefully people will be saved from SCAM now!
Its hard to believe that a large company such as Expedia would do a deal with these crooks and even more amazing that MyTravelBiz claim to have developed a “unique, patent-pending algorithm that searches more options than anyone else, ensuring we are able to deliver the best prices around!” When their search engine is just a rebrand of Expedia.
Kamran is now offering new members a £300 extra bonus for memberships they sell. What a joke – its all about recruitment.
Just been pitched by Lilly Hunter, Global General Manager of MTB.
Thank god I saw this review which confirmed my thoughts that this is a scam.
I should invest min of $5000 which is around 66000¥. She said most people usually invest in 7 accounts… so $35k.
She said I would break even in 1.5 months. Buy positions and i will get founder award, double Points till 31 dec.
Direct sponsor 10%, network bonus 10%
Reverse matching 10 levels 30%
21,000,000,000 coins to be issued.
Now at 0.03p each will be 0.06p when launch on London exchange. Will be launched in UK on London # 2 trade platform.
All she and the company want are big investors, such a scam, it’s a pure money game. She even invited me to join her and atif kamran in china at the end of the month.
Be warned and stay clear of these losers.
There’s no need for “TravelCoin”, so the act of slapping it onto something existing is just “marketing”.
Good point Kasey.
Whats sick is all the income and bonuses they promise are paid out in TravelCoin which is worthless. They say they are worth 0.03cents each now and will rise to 0.06cents soon.
This reminds me of ONECOIN so much, just another scam from Atif Kamran.
Got pitched this garbage – travelcoin is not real, just wants to be like onecoin with fake markets.
Was told by pitcher that if I join now then travelcoin will be worth 1000 dollars next year and that i could have millions of them when i get to the top of their pyramid.
do the sums check the facts this is a way to steal your money.
I have joined MTB on 31December 2017. at that time Travel coin rate was 0.03 cents. Now rate is at 0.06 cents and after 2 days next tranche of 0.07 cents is going to start.
Uptil now i have earned total 10k$ cash. and having 250000 Travel coin also that i can sell it anytime or make payments to company in Travelcoin to join new members.
Thankyou ATIF KAMRAN.
Legitimate cryptocurrency doesn’t “start” values. If the value of TravelCoin is being internally manipulated all you’re doing is stealing from people who join after you.
Sounds like you’ve made $10,000 in pyramid recruitment. And best of luck selling your worthless TravelCoins to gullible suckers.
If you came here looking for praise of your scamming efforts you’re in the wrong place.
So MTB is already emploading.
FIA in Pakistan arrested Atif Kamrans number 1 member Naveed Qasir today and have Warren for Kamrans arrest also.
Insiders say Naveed was also running the MTB operation in Pakistan and handled all cash for the company.
Link to article and photo of MTB scammed.
tns.world/fia-arrests-suspects-involved-in-illegal-business-bitcoin/
Hah – their master distributor – top of the market, arrested. I bet the police want to speak to Atif Kamran and Geraldine Aquino – they won’t be going to Pakistan any time soon.
Shame that people were ever conned into such an obvious scam. Now this company is dead, wonder what new scam these crooks will come up with .
Their launch video of Travelbiz… hahaha…
youtube.com/watch?v=k1eNl-vXQ5c
CRAZY! ATIF Kamran keep on scamming people in ASIA with this coin shit. NAIVE UNEDUCATED people keep paying.
This scam now done. Now change to shopping scam 6 degrees. Stupid people.
Added an update note to the review regarding 6 Degrees Cash.
Why these fucking scam people run this business? Why they have not been arrested?
Always scamming people money. Many people have lost money.
Oz you are the best at these investigations and hunting thieves like Atif Kamran.
Can you see this link: thenews.com.pk/print/578444-nab-board-approves-15-inquiries-against-shahbaz-sana-others
Criminal scammer Atif Kamran is being investigated for his scam of 190,000,000 by the Government of Pakistan
Again he steals from the people of Pakistan.
Do you know if he is arrested?
Not aware of any arrests but good to see there’s an investigation, even if it’s years too late.
Atif Kamran is big theif, I lost big money in his scam, now he block on Facebook & block my no too. What a cheater.