Taygeta fails to provide ownership or executive information on its website.

Taygeta’s original website domain (“taygeta.tech”), was privately registered on April 24th, 2023.

Taygeta abandoned its original .TECH domain after the Central Bank of Russia issued a Taygeta fraud warning on June 20th.

Taygeta now operates from the domain “taygeta.pro”, privately registered on June 27th, 2023.

As to who’s running Taygeta, no idea but they’re obviously Russian:

Over on Taygeta’s official YouTube channel, Artur Andreevich (Артур Андреевич) is presented as Taygeta’s CEO.

Other than confirming Andreevich’s association with Russia (the obvious), I wasn’t able to ascertain whether he’s a Boris CEO.

While Russian scammers are notorious for using actors to front their scams, use of a Boris CEO to target Russian-speakers is unusual.

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.

Taygeta’s Products

Taygeta has no retailable products or services.

Affiliates are only able to market Taygeta affiliate membership itself.

Taygeta’s Compensation Plan

Taygeta affiliates invest USD or USD equivalents in cryptocurrency. This is done on the promise of advertised returns:

  • Slot1 – invest $100 or more and receive 20% to 25% a month for 12 months
  • Slot2 – invest $250 or more and receive 20.5% to 25.5% a month for 12 months
  • Slot3 – invest $500 or more and receive 21% to 26% a month for 12 months
  • Slot4 – invest $1000 or more and receive 21.5% to 26.5% a month for 12 months
  • Slot5 – invest $2500 or more and receive 22% to 27% a month for 12 months
  • Slot6 – invest $5000 or more and receive 22.5% to 27.5% a month for 12 months
  • Slot7 – invest $10,000 or more and receive 23% to 28% a month for 12 months
  • Slot8 – invest $25,000 or more and receive 23.5% to 28.5% a month for 12 months
  • Slot9 – invest $50,000 or more and receive 24% to 29% a month for 12 months
  • Slot10 – invest $100,000 or more and receive 25% to 30% a month for 12 months

Note that if a Taygeta affiliate doesn’t withdraw for 30 days, they receive an increased daily ROI rate on each tier:

  • Slot1 pays an additional 0.35% a day
  • Slot2 pays an additional 0.3% a day
  • Slot3 pays an additional 0.25% a day
  • Slot4 pays an additional 0.22% a day
  • Slot5 pays an additional 0.2% a day
  • Slot6 pays an additional 0.15% a day
  • Slot7 pays an additional 0.12% a day
  • Slot8 pays an additional 0.1% a day
  • Slot9 pays an additional 0.07% a day
  • Slot10 pays an additional 0.05% a day

The MLM side of Taygeta pays on recruitment of affiliate investors.

Taygeta Affiliate Ranks

There are thirteen affiliate ranks within Taygeta’s compensation plan.

Along with their respective qualification criteria, they are as follows:

  1. T1 – sign up as a Taygeta affiliate and invest at least $100
  2. T2 – invest at least $250, generate at least $500 in personally recruited affiliate investment and generate at least $1000 in total downline investment
  3. T3 – invest at least $500, generate at least $1000 in personally recruited affiliate investment and generate at least $4000 in total downline investment
  4. T4 – invest at least $1000, generate at least $2000 in personally recruited affiliate investment and generate at least $8000 in total downline investment
  5. T5 – invest at least $2500, generate at least $4000 in personally recruited affiliate investment and generate at least $20,000 in total downline investment
  6. T6 – invest at least $5000, generate at least $8000 in personally recruited affiliate investment and generate at least $50,000 in total downline investment
  7. T7 – invest at least $10,000, generate at least $16,000 in personally recruited affiliate investment and generate at least $100,000 in total downline investment
  8. T8 – invest at least $25,000, generate at least $45,000 in personally recruited affiliate investment and generate at least $250,000 in total downline investment
  9. T9 – invest at least $50,000, generate at least $100,000 in personally recruited affiliate investment and generate at least $500,000 in total downline investment
  10. T10 – maintain a $50,000 investment, generate at least $150,000 in personally recruited affiliate investment and generate at least $750,000 in total downline investment
  11. T11 – invest at least $100,000, generate at least $200,000 in personally recruited affiliate investment and generate at least $1,000,000 in total downline investment
  12. T12 – maintain a $100,000 investment, generate at least $300,000 in personally recruited affiliate investment and generate at least $2,000,000 in total downline investment
  13. T13 – invest at least $250,000, generate at least $500,000 in personally recruited affiliate investment and generate at least $5,000,000 in total downline investment

Referral Commissions

Taygeta pays referral commissions on funds invested by personally recruited affiliates.

Referral commission rates are determined by how much a recruited affiliate has invested:

  • Slot1 investment generates a 7% referral commission rate
  • Slot2 investment generates a 6% referral commission rate
  • Slot3 investment generates a 5.5% referral commission rate
  • Slot4 investment generates a 5% referral commission rate
  • Slot5 investment generates a 4.5% referral commission rate
  • Slot6 investment generates a 4% referral commission rate
  • Slot7 investment generates a 3.5% referral commission rate
  • Slot8 investment generates a 3% referral commission rate
  • Slot9 investment generates a 2.5% referral commission rate
  • Slot10 investment generates a 2% referral commission rate

Coded Referral Commissions

Taygeta pays coded referral commissions based on rank:

  • T2 ranked affiliates receive a 7% coded referral commission rate
  • T3 ranked affiliates receive an 8% coded referral commission rate
  • T4 ranked affiliates receive a 9% coded referral commission rate
  • T5 ranked affiliates receive a 10% coded referral commission rate
  • T6 ranked affiliates receive an 11% coded referral commission rate
  • T7 ranked affiliates receive a 12% coded referral commission rate
  • T8 ranked affiliates receive a 14% coded referral commission rate
  • T9 ranked affiliates receive a 16% coded referral commission rate
  • T10 ranked affiliates receive a 18% coded referral commission rate
  • T11 ranked affiliates receive a 21% coded referral commission rate
  • T12 ranked affiliates receive a 25% coded referral commission rate

Coded referral commissions are paid up to 25% on each new investment.

Higher ranked affiliates collect the difference paid to lower ranked Taygeta affiliates. This continues until the full 25% or what is left of 25% is paid to the first found T12 ranked affiliate.

Note that T13 ranked affiliates are excluded from coded referral commissions.

ROI Match

Taygeta pays a 20% ROI Match on returns paid to downline affiliates.

  • T2 ranked affiliates receive a 5% ROI Match
  • T3 ranked affiliates receive a 6% ROI Match
  • T4 ranked affiliates receive a 7% ROI Match
  • T5 ranked affiliates receive an 8% ROI Match
  • T6 ranked affiliates receive a 9% ROI Match
  • T7 ranked affiliates receive a 10% ROI Match
  • T8 ranked affiliates receive a 12% ROI Match
  • T9 ranked affiliates receive a 14% ROI Match
  • T10 ranked affiliates receive a 15% ROI Match
  • T11 ranked affiliates receive an 18% ROI Match
  • T12 ranked affiliates receive a 20% ROI Match

Note that this is a coded bonus, meaning higher ranked affiliates receive the difference not paid to lesser ranked affiliates.

Also note that T13 ranked affiliates are excluded from the ROI Match.

Equity Bonus

In lieu of being excluded from the coded referral commissions and the ROI Match, T13 ranked Taygeta affiliates qualify for the Equity Bonus.

The Equity Bonus is made up of 3% of Taygeta’s company-wide investment.

The Equity Bonus is shared equally with all T13 ranked affiliates, although how frequently isn’t disclosed.

Rank Achievement Bonus

Taygeta rewards affiliates for qualifying at T2 and higher with the following one-time Rank Achievement Bonuses:

  • qualify at T2 and receive $50
  • qualify at T3 and receive $100
  • qualify at T4 and receive $250
  • qualify at T5 and receive $500
  • qualify at T6 and receive $1000
  • qualify at T7 and receive $2500
  • qualify at T8 and receive $5000
  • qualify at T9 and receive $10,000
  • qualify at T10 and receive $20,000
  • qualify at T11 and receive $30,000
  • qualify at T12 and receive $45,000
  • qualify at T13 and receive $80,000

Joining Taygeta

Taygeta affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $100 initial investment.

Taygeta solicits investment in USD and various cryptocurrencies.

Taygeta Conclusion

Taygeta represents it generates external revenue via an online casino they’ve set up:

Taygeta host their casino on the domain “taygeta.casino”, privately registered on April 24th, 2023 (in other words, it was created at the same time as Taygeta’s MLM opportunity).

Taygeta’s casino is represented to have been set up by Livesoft, who Taygeta claim is a business partner.

Instead of being honest about being run from Russia (sanctions violations a-hoy!), Taygeta runs its casino through Taygeta Bet.

Taygeta Bet is attached to Fintech Szofver N.V and Fintech Szoftver Megoldások Kft.

Fintech Szofver N.V is a shell company purportedly registered in Curacao. Fintech Szoftver Megoldások Kft is a shell company purportedly registered in Hungary.

A quick look at Taygeta’s casino reveals a cookie-cutter gaming website populated with third-party gambling apps.

While casinos are generally profitable, within the context of an MLM opportunity offering passive returns they make no sense.

If Taygeta’s casino is already profitable, what do they need affiliate investment for?

If Taygeta’s casino isn’t profitable, how is affiliate investment going to change that?

Keep in mind anything invested into Taygeta is a liability, owing to passive returns and the MLM compensation plan. This means the assumption is there that the casino is already profitable after a few months – which brings us back to question one.

From a regulatory perspective Taygeta is offering securities by way of passive returns.

Taygeta provides no evidence it has registered with financial regulators in any jurisdiction. Most notably Russia, prompting the Central Bank of Russia’s fraud warning.

That Taygeta’s response to this was changing its website domain speaks volumes.

As it stands the only verifiable source of revenue entering Taygeta is new investment.

Using new investment to pay affiliate withdrawals would make Taygeta a Ponzi scheme.

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

This will starve Taygeta of ROI revenue, eventually prompting a collapse.

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