Trust Investing Review: “Crypto asset management” Ponzi
Trust Investing operates in the cryptocurrency MLM niche. The company provides a corporate address in Panama on its website.
Whether Trust Investing has any actual physical operations in Panama however is unclear.
A search of the provided address returns multiple businesses, suggesting Trust Investing presence in Panama is only virtual (shell company).
Heading up Trust Investing is CEO Diego Chaves (right).
According to Chaves’ Trust Investing corporate bio, he has “over 10 years of experience in the Network Marketing market”.
Personally I wasn’t able to verify Chaves’ MLM history prior to Trust Investing, although I’m willing to put that down to language-barriers.
As per Chaves’ official Facebook profile, he resides in Malaga, Spain. Trust Investing’s official Facebook page meanwhile is primarily managed from Brazil.
Either way, as opposed to Panama, Trust Investing is likely being operated out of Spain, Brazil or both.
Read on for a full review of Trust Investing’s MLM opportunity.
Trust Investing’s Products
Trust Investing has no retailable products or services, with affiliates only able to market Trust Investing affiliate membership itself.
Trust Investing’s Compensation Plan
Trust Investing affiliates invest funds on the promise of an advertised 200% ROI:
- Start – invest $15 and receive $30
- One Star – invest $30 and receive $60
- Two Stars – invest $60 and receive $120
- Three Stars – invest $100 and receive $200
- Launch – invest $200 and receive $400
- Four Stars – invest $300 and receive $600
- Five Stars – invest $500 and receive $1000
- Six Stars – invest $1000 and receive $2000
- Seven Stars – invest $2000 and receive $4000
- Eight Stars – invest $5000 and receive $10,000
- Nine Stars – invest $10,000 and receive $20,000
- Challenger – invest $20,000 and receive $40,000
- Ten Stars – invest $50,000 and receive $100,000
- Eleven Stars – invest $100,000 and receive $200,000
Returns are paid out at up to 5% daily, capped at the above amounts.
A 5% fee applies to all ROI and commission withdrawals.
Trust Investing Affiliate Ranks
There are six affiliate ranks within Trust Investing’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Team Leader – invest at the Six Star or higher tier, recruit two Six Stars tier or higher affiliates and generate $16,000 in accumulated investment volume across your binary team (split $8000/$8000)
- Manager – invest at the Six Stars or higher tier and recruit four Six Stars tier or higher affiliates (three must be Team Leader or higher)
- Regional Director – invest at the Seven Stars or higher tier and recruit six Six Stars tier or higher affiliates (three must be Manager or higher)
- International Director – invest at the Eight Stars or higher tier and recruit twelve Seven Stars tier or higher affiliates (four must be National Director or higher)
- Continental Director – invest at the Nine Stars or higher tier and recruit fifteen affiliates (five must be International Director or higher)
- Global Director – invest at the Ten Stars or higher tier and recruit twenty affiliates (seven must be Continental Director or higher)
Residual Commissions
Trust Investing pays 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.
At the end of each day Trust Investing tallies up new investment volume on both sides of the binary team.
Residual commissions are paid as 10% of funds invested on the weaker binary team side.
Note that Trust Investing cap residual commissions daily based on how much an affiliate themselves has invested:
- Start tier affiliates can earn up to $15 a day
- One Star affiliates can earn up to $30 a day
- Two Stars affiliates can earn up to $60 a day
- Three Stars affiliates can earn up to $100 a day
- Launch affiliates can earn up to $200 a day
- Four Stars affiliates can earn up to $300 a day
- Five Stars affiliates can earn up to $500 a day
- Six Stars affiliates can earn up to $1000 a day
- Seven Stars affiliates can earn up to $2000 a day
- Eight Stars affiliates can earn up to $5000 a day
- Nine Stars affiliates can earn up to $10,000 a day
- Challenger affiliates can earn up to $20,000 a day
- Ten Stars affiliates can earn up to $50,000 a day
- Eleven Stars affiliates can earn up to $100,000 a day
Rank Achievement Bonuses
Trust Investing rewards affiliates for qualifying at the Team Leader and higher ranks with the following Rank Achievement Bonuses:
- qualify as a Team Leader and receive $100 a month
- qualify as a Manager and receive $400 a month
- qualify as a Regional Director and receive $1000 a month
- qualify as an International Director and receive $8000 a month
- qualify as a Continental Director and receive $30,000 a month
- qualify as a Global Director and receive $150,000 a month
Joining Trust Investing
Trust Investing affiliate membership is tied to an initial $15 to $100,000 investment.
Ongoing investment is required for rank qualification.
Conclusion
Trust Investing represents it generates external revenue via “management of crypto assets”… whatever that means; they don’t go into specifics.
Straight away though, we see Trust Investing’s business model fails the Ponzi logic test.
If Diego Chaves and friends were actually able to legitimately generate a consistent 5% or thereabouts per day, what do they need your money for?
Furthermore Trust Investing’s passive investment opportunity constitutes a securities offering.
In Brazil and Spain securities are regulated by the Brazilian SEC and CNMV respectively.
Trust Investing provides no indication they have registered their securities offering with either regulator.
This means that at a minimum, Trust Investing is committing securities fraud. At worst, it’s a full-blown Ponzi scheme.
As it stands the only verifiable source of revenue entering Trust Investing is new investment.
Using new investment to pay existing affiliates a daily return makes Trust Investing a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dies down so too will new investment.
This will starve Trust Investing of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Update 20th May 2021 – Cuban authorities have arrested Trust Investing Director Ruslan Concepcion.
So how does “10 years in MLM” qualify him to offer crypto investment, hmmm?
Great information, thanks for sharing…
Very interesting. I am in with $15, will not add more, anyway. Thanks.
I came in with 1k and have made 75k in 7 month have absolutely no complaints about this company they can go away tomorrow and I have made a huge profit already so I will continue to trade with them.
and by the way they also have diamond trading which is done with a contract involving both your attorney. and there’s also they have submitted application with the United States to open two local branches are waiting for approval.
so it will make it more legal keep doing your research body.
1. Whether you personally stole money from people has no bearing on Trust Investing being a Ponzi scheme. It just makes you a scammer.
2. Approval of what? Filing with the SEC doesn’t require approval.
Either Trust Investing is registered with the SEC and filed legally required audited financial statements, or it isn’t and hasn’t.
It isn’t and hasn’t.
A jerk I made my money thru investing this is money paid thru trading nothing else I invested just like anyone else did. so F O I’m done here can’t waist my breath with a looser.
The only way to make money in a Ponzi scheme like Trust Investing is to steal from others.
As a self-admitted net-winner in a Ponzi scheme, that makes you a scammer.
I hope your victims get better than that. But they won’t.
(only takes offense at being factually called out as a scammer. *crickets* on SEC “approval” baloney…)
And by the way I have lost a lot of money in the stock market with dump scheme (Ozedit: derail removed)
Cool. Has nothing to do with Trust Investing being a Ponzi scheme and you a Ponzi scammer.
You being crap at the stock market doesn’t justify financial fraud.
Willy memdosa says:
-VERY hard to believe.
You made all that $ & could care less if they go scam tomorrow. YET you come here to cry about a review from July.
Why would you care?
-Much more likely you are a broke hayseed fooled by an obvious “get rich quick’ scheme.
Willy memdosa says:
-I hate to “waist” my breath but calling someone a “looser” works much, much better when you spell it right !
Hilarious in a sad, what a yokel this Willy memdosa is kind of way.
I just reinvested my 75k plus an extra 25k in trustinvesting which makes it 100k in trading.
let you know how I have done in one month thank you for the motivation god bless you.
Ah so we’re talking backoffice monopoly money, not actual withdrawn funds.
Assuming Trust Investing doesn’t collapse by then, I’m sure after one month your backoffice will reflect you have more monopoly money than you do now.
Sorry for your loss.
Again thank you my money to lose or gain.
Nobody argued any different. What is illegal is you scamming others through a Ponzi scheme.
Oz, what makes TRUST a Ponzi scheme? I have been in TRUST for a year.
I brought in my wife and a close friend just for the convenience. I started at $260, have not bought any other pack with my money and I am withdrawing $400 a month now.
MLM + securities fraud = Ponzi scheme.
You stealing money from people who joined Trust Investing after you is only evidence of you stealing money.
First; I don’t steal money from my wife as it is our money and it is growing. I don’t steal from my friend either and he is very satisfied with the outcome with TRUST.
Second; though I was looking for information to evaluate my criteria on TRUST, your answers lack specific facts that may lead me to change my views.
Third; it is impossible to analyze and discuss with a stubborn and radical person who repeats MLM, FRAUD and PONZI and appears to know nothing about TRUST. Live a long life, Oz!
Ponzi math is Ponzi math. Every dollar you withdraw is stolen from someone else, just as what you invested was stolen by Trust Investing affiliates who signed up before you.
The facts are Trust Investing is a Ponzi scheme. You’re welcome to ignore the facts, they’re still facts.
Best of luck with the scamming. I’m sure your wife is proud.
Besides being stubborn, as you are, I beg from you to be courteous and polite as I am and do not mention my wife as I don’t mention any lady in your family which I could.
What I have tried is to get that knowledge that you try to offer to help people. If I, or anyone else that reads, do not have an explanation of how TRUST is a Ponzi without any convincing evidence, you will not fulfill your expectations.
As I can see, this chat will not come to an end this way. I CLOSE with all due respect…
I kinda wanna chime in with some feedback to Oz as a long-standing reader.
I find this site a decent service to the unaware but increasingly the tone of the comments do point that maybe your intent is not to truly convince people they’re wrong as I’m sure you’d agree being so brazenly dismissive is not going to accomplish that.
If your goal is to truly help, appreciate that the people falling for these scams are not the brightest and find a way to construct arguments that resonate with the audience.
That said I can imagine it’s also incredibly tiring to point out the obvious over and over and get the people you’re trying to help arguing with you with terrible arguments.
So, I have one question and a comment:
@Oz is the purpose of this site to raise awareness among populations being taken advantage of, or to correctly/incorrectly assert some sense of moral superiority over these « scammers » who comment (more than 50% of which I believe are dumb/naive not malicious)?
@chdezvar This is a Ponzi scheme dude. The returns are too high. No investment opportunity can give you guaranteed returns that high.
Even the riskiest investments that are exclusively reserved for the super rich can give you a NON GUARANTEED rate of return of 30% Year which adds to a fraction of 5% daily.
This is a Ponzi scheme and you and your family and friends will end up losing more than you gained if you time it wrong. And everyone below you will almost certainly end up being losers.
@chdezvar
Thank you for confirming Trust Investing is a Ponzi scheme. There’s nothing to be stubborn about, facts are facts.
You are clearly unable to address the fact that Trust Investing is committing securities fraud. And that MLM + securities fraud = Ponzi scheme.
If you didn’t want your wife mentioned you shouldn’t have brought her to the table (#15).
Best of luck to you and your wife with the scamming.
Thanks for the feedback M.
BehindMLM has thousands of readers on a daily basis, of which only a small percentage engage in the comments.
Facts make scammers mad and they can’t help themselves but try to defend their scams.
With respect to these particular comments, I’m only here for the popcorn. Salty scammers = hilarious and I’ll never get tired of it.
I think shutting down scammers and their nonsense does add to the reviews, because potential victims are likely to be the same nonsense.
Cryptocurrency has its own grade of stupid which does get tiring at times but I’ll push through it. Here’s to many more years of lulz!
Stop this.if you wanna investing do so. Now is fraud tell why. Just one question..
If you open an account in the bank (Ozedit: derails removed)
Trust Investing is a Ponzi scheme. All Ponzi schemes are fraudulent investment opportunities.
If you wish to discuss banks do it somewhere else.
Thanks for confirming my suspicions that this is a Ponzi scheme.
Advised my family in Latin America to not get into this crap, they are already poor enough.
Hi,
I have a question, I traded in Trust Investing because my friend got me into it. I really did it only because of my friend as I don’t believe in such investments.
Apparently she is growing her assets and getting people in.
The only think I do not like is the personal information this organization is holding with pictures and all your ID.
Is there anything they can do with your personal data? I don’t care about the money I put in, for me is just a play, like a small donation and see what happens.
Thanks in advance.
Of course there is. You’ve handed over personally identifying information to Ponzi scammers.
And they can do whatever they want with it.
meaning, it’ll likely get sold on to spammers and fraudsters (more spam calls and emails for you).
On top of that, you’ve also booked the identity theft package, which means your identity has become much more likely to be used to open money laundering bank accounts/companies in faraway places.
Your name will pop up in criminal investigations and, if you’re lucky, a SWAT team will come knocking on, or rather through, your door one day.
Apart from that, you’re totally safe.
If they are Ponzi scammers. why no one reported to the police investigation?
Now is to late to delete all my data as they probably have copy of it.
I wonder why they are still in the market and gaining profit and promising data safety and no police investigation nocking on their door….
Dunno, why didn’t you report them to police?
Because people who don’t invest in Ponzi schemes don’t care and those that do only go crying to police once it’s too late.
Because you investors(donors really) are generally dead-happy while they pay out till they disappear with your money which they always do
Is you who is so sure about that they are cheating people, and you Oz!
made a long report and investigation about this company why don’t you report it?
What part of running BehindMLM obliges me to report anything to anyone?
Trust Investing is a Ponzi scheme regardless of whether it is reported to police or not.
This is really interesting, a friend introduced me to Trust Investing and it seems really great to make money on the investments, but I like to research everything I involve myself in to make sure it’s legit.
My friend has started with the 1K package and was trying to get me to do the same.
I told him, no because whether it’s legit or not I don’t ever invest that much money in anything.
But I’m glad I found this website which now I will be looking deeper and analyzing what’s going on so I can tell my friend and share info because we’re meeting up today.
It does sound too good to be true to me.
We all look to make money somehow so we can move forward, but we also have to do our due diligence to make sure it’s legit.
I also don’t know much about crypto currency and all of that money talk, but I will start educating myself. Thank you….have a great day.
Research is good, but beware of misleading crap passing itself off as “research” on the Internet. You can trust Oz, but don’t fall for the pseudo-research offered up by the likes of Business For Home or Cypto Analyzer.
Take some time and read a few articles on this site, and you’ll be well equipped to smell scams from a mile away.
They all present patterns that are obvious once you know what to look for. Oz helpfully titles Ponzi schemes as such. The same with pyramid schemes, altcoin (“shitcoin”) schemes, etc.
You’ll also recognize patterns in the comments from defenders of scams. Phrases like, “Oz is a jealous competitor,” or “I know the owner,” or “You can’t judge it if you haven’t joined it” are common themes. “I’m getting PAID, so it can’t be a scam” tops the list, though.
And be sure to read a few “Exit Scam”-titled articles. It will be time well spent, I assure you.
Thank you Amos!!!
My friend actually called me and asked me why did I get cold feet and why I haven’t joined yet.
I had to tell him to be careful because of what I read here and I’m still looking into details which are all pointing to not joining, he then started telling me to keep looking while his account went from 1000 to gaining $89 or however or whatever they’re offering.
I still look around and gathering information so I can share it with him. But I’m good without it Trust Investing, I prefer doing actual.
Network Marketing and keeping my license private instead of sending them all my info….just sounds creepy especially trying to figure out where the money is coming from. Be safe and talk soon…
Your friend is letting himself be fooled by numbers on a screen. He may even be able to get some cash, but the odds are heavily against his getting back ecen what he put in, let alone more.
Ponzi scammers use the numbers-om-a-screen trick to make the victims think they’re going to be rich. They’ll even pay out a few dollars to keep the suckers on the hook. But when investments dry up (as they always do), the money suddenly disappears, along with the scammer.
They’ll either go dark (disappear entirely), come up with an excuse (“we got hacked!” or “bad trades drained everyone’s account!”) or claim they were victims themselves of some foreign scammers whom they trusted.
Your friend wants you to watch, so take him up on his offer. Take notes and go over them with him later. Maybe he’ll come out of it less gullible.
A cousing of my wife talked to me about this magic site a few months ago.
I spent a few hours doing the math with some absurd examples and collecting information about the scam.
Anyway, he is young and stubborn as a sheep and he put anyway 100USD…..
Extra: this website contains extra information in Spanish: (Ozedit: non-English link removed)
And I found by myself that there is a connection between karatabars and this new scam, you can check it by the URL of Trust Investing LinkedIn page.
(The LinkedIn URL can’t be changed after created)… That LinkedIn page looks like a renamed one.
If you are reading this page of what seems like “bogus” complaints, does anyone notice the “grammar”. Do not bother reading any of this anymore.
If you are looking into a network marketing business, then you simply have to work! Work your ass off now, so you wont have to later…..
Life is tough people! You can keep complaining or you can be a part of your solution! Cheers!
First time I’ve seen someone use grammar to deflect from a Ponzi scheme.
Regardless of people’s grammatical ability, Trust Investing is a fraudulent investment scheme.
Recruiting people into Ponzi schemes like Trust Investing and stealing their money isn’t “work”, it’s theft.
If the compensation plan is pointing up..It’s a Ponzi.. For those of you living in Latin America, I will say it in Spanish… “Pirámide Financiera”.
I starting using Trust Investing 4 month ago and it works like this:
if you put $100 it will give back between 14% to 20% a month of the money you have invested, so far I have used that money to try if it work or not and it does.
At this moment they are saying that the page is being updated and there has been 6 days that they are not realsing the money and also not giving nothing.
I do not know much about it but I have not invested much and I will see in the coming weeks if it will continue working or will stop.
if you put $100 is not a big amount but I know people that have put more than $10k 2 weeks ago and make a big risk for them, said that it does generate money well BTC but you must be careful it a total gamble.
The way Trust Investing works is it’s a Ponzi scheme.
If there’s money to steal from people to join after you, you can withdraw.
When that money inevitably runs out sorry for your loss.
Math guarantees the majority of participants in Ponzi schemes lose money. Gambling and risk has nothing to do with anything.
Oz,
Totally a Ponzi scheme, these people have created a limited company in Spain called Trust Commoditties S.L
nothing is official, if you want to buy $10K package you have to send to this people 10400 euros and is not direct but you have to speak to someone is Spain which know them give your detail and they will send the money.
not they have opened something called trustercoins and the company name is called support trust also if you want to use coinpayments as a way to buy a package well it goes direct to Diego Chaves gmail account.
I have contacted him directly and no respose. in other words definitely stealing money from people.
on any package you buy also the promiss a max to 20% profit which is also not true. Why would you have 3 diffrent companies when the bussiness is directed to Trusinvesting.
also you cannot buy nothing via payapal or credit or debit.
Totally to be careful with these people, as you said: ”When that money inevitably runs out sorry for your loss”
Thanks for the update. “trustercoins.com” redirects to an exchange? If it’s tied to Trust Investing this would be the internal exchange affiliates cash out through.
“trustercoin.com” is also registered but is throwing up an error.
Often different company names are used to avoid triggering money laundering suspicions for as long as possible.
… “resides in Malaga, Spain”. I wonder if he hangs out with Jan Eric Nyman
Nyman fled Spain is the latest.
https://behindmlm.com/mlm-reviews/lucky-dozens-review-onecoin-scammers-front-illegal-lottery/
OZ,
Yes it does redirects to an exchange (trustercoins.com/)
As you said, different companies to avoid as much as they can money laundry suspicions.
**TRUST INVESTING como registro mercantil en Estônia, Tallin**
**Sí en el condado de Harju, Tallin, distrito de Mustamäe, Laki tn 30-23, 12915 Estonia, y en Panamá con oficina de apoyo para América Latina, con la dirección: Sortis Business Tower, piso 14, calle 56 y 57 este, Obarrio, Oficina # 109**
Obviously an another company as I said Trust Commoditties S.L and is registered in Toledo Spain, guess what google it and where they say they have it is a block of flats there is nothing there also they sell ice cream.
I really do not know how they have manage to put so many people in, I know at least 10 that they have put more than $10K and all of them saying they getting $2000 a month profit.
I still do not believe it and there is no chance I would put that amount of money there, time will tell and lets see how this going to go.
Math is math. Backoffice monopoly money doesn’t count.
Once withdrawals exceed investment, kaboom. Guaranteed to eventually happen. Predicting when is a fool’s game.
I loss my money in adani company so I want earn money without investment.
Plenty of legitimate ways to make money outside of MLM Ponzi scams. Good luck.