Trade Like Crazy Review: AI trading bot ruse Ponzi
Trade Like Crazy fails to provide ownership or executive information on its website.
Trade Like Crazy’s website domain (“tradelikecrazy.ai”), was privately registered on September 21st, 2023.
One name we can attach to Trade Like Crazy is serial Ponzi promoter Ari Maccabi.
While Maccabi doesn’t appear to be running Trade Like Crazy, on a recent “early access” webinar he introduced “Paul”.
Paul is represented to be a Polish national and part of the group running Trade Like Crazy.
This suggests Trade Like Crazy is being run out of Europe.
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.
Trade Like Crazy’s Products
Trade Like Crazy has no retailable products or services.
Affiliates are only able to market Trade Like Crazy affiliate membership itself.
Trade Like Crazy’s Compensation Plan.
Trade Like Crazy affiliates invest $20 to $25,000. This is done on the promise of a 300% passive ROI, or 500% combined ROI and MLM commissions
Note that Trade Like Crazy caps MLM commissions daily at 50% of funds invested. Once 300% passive or 500% combined is reached, reinvestment is required to continue earning.
The MLM side of Trade Like Crazy pays on recruitment of affiliate investors.
Trade Like Crazy Affiliate Ranks
There are six ranks within Trade Like Crazy’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Stage 1 – generate $150,000 in downline investment volume
- Stage 2 – generate $250,000 in downline investment volume
- Stage 3 – generate $500,000 in downline investment volume
- Stage 4 – generate $1,500,000 in downline investment volume
- Stage 5 – generate $4,000,000 in downline investment volume
- Stage 6 – generate $10,000,000 in downline investment volume
Trade Like Crazy pays a ROI match 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.
Trade Like Crazy caps the ROI match at fifteen unilevel team levels. The ROI match is paid as a percentage of returns paid out across these fifteen levels as follows:
- level 1 (personally recruited affiliates) – 10%
- level 2 – 7%
- level 3 – 6%
- level 4 – 5%
- level 5 – 4%
- level 6 – 3%
- level 7 – 2%
- level 8 – 1%
- level 9 – 0.8%
- level 10 – 0.7%
- level 11 – 0.6%
- level 12 – 0.5%
- level 13 – 0.4%
- level 14 – 0.25%
- level 15 – 0.75%
Rank Achievement Bonus
Trade Like Crazy rewards affiliates with the following Rank Achievement Bonuses:
- qualify at Stage 1 and receive an iPhone 14 Pro or $1300
- qualify at Stage 2 and receive a MacBook Pro or $2500
- qualify at Stage 3 and receive a Rolex DateJust or $20,000
- qualify at Stage 4 and receive an AP Royal Oak or $40,000
- qualify at Stage 5 and receive an Audi RS 7 or $130,000
- qualify at Stage 6 and receive a Lamborghini Urus or $350,000
Joining Trade Like Crazy
Trade Like Crazy affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $20 investment.
Trade Like Crazy Conclusion
Trade Like Crazy represents it generates external revenue via AI crypto trading.
Our state-of-the-art artificial intelligence makes cryptocurrency trading more accessible and efficient for you.
By purchasing one of our matrices … you’re setting the AI to operate with a sum up to 15x more on your account.
No verifiable evidence of trading revenue is provided. Furthermore, Trade Like Crazy fails to provide evidence it has registered its passive returns investment opportunity with financial regulators.
This means that at a minimum, Trade Like Crazy is committing securities fraud. Ditto promoters like Ari Maccabi, who is based out of the Philippines.
As it stands the only verifiable source of revenue entering Trade Like Crazy is new investment.
Using new investment to pay affiliate withdrawals would make Trade Like Crazy a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Trade Like Crazy of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.