GainMax Capital Review: $10 to $100,000 “trading” Ponzi scheme

GainMax Capital provide no information on their website about who owns or runs the business.

The GainMax Capital website domain (“gainmax.co.uk”) was registered on June 20th, 2017.

George Foster is listed as the domain owner, through a virtual office address in London, UK.

GainMax Capital provide a UK incorporation certificate for GainMax Capital Limited on their website.

GainMax Capital Limited was incorporated on June 21st, 2017. The address used to incorporate GainMax Capital Limited is the same virtual address used in the website domain registration.

George Foster is listed as the sole Director of the company, through a different virtual office address in London.

Alexa traffic estimates meanwhile strongly suggest GainMax Capital is in fact being operated out of Indonesia. As I write this Alexa estimate 63% of all traffic to the GainMax Capital website originates out of Indonesia.

Broken English on the GainMax Capital website also supports this:

WHY INVESTMENT WITH GAINMAX?

Given this, the virtual addresses used to incorporate GainMax Capital Limited in the UK, fake Fiverr’esque testimonial videos featured on the GainMax Capital website and no publicly available information tying him to the company, it is assumed George Foster doesn’t actually exist.

UK incorporation is dirt cheap and for the most part unregulated. It is a favorite for scammers looking to incorporate dodgy companies.

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.

GainMax Capital Products

GainMax Capital has no retailable products or services, with affiliates only able to market GainMax Capital affiliate membership itself.

The GainMax Capital Compensation Plan

GainMax Capital affiliates invest funds on the promise of an advertised weekly ROI:

  • Basic – invest $10 to $249 and receive a 5% to 7.5% weekly ROI for 20 weeks
  • Premium – invest $250 to $999 and receive a 6.5% to 9% weekly ROI for 16 weeks
  • Advanced – invest $1000 to $4999 and receive a 7.5% to 11% weekly ROI for 12 weeks
  • VIP – invest $5000 to $9999 and receive an 8.5% to 13% weekly ROI for 8 weeks
  • VVIP – invest $10,000 to $100,000 and receive a 10% to 15% weekly ROI for 5 weeks

There’s also “shares offers” on the GainMax Capital website promising perpetual weekly ROIs.

The quoted ROI rates however fluctuate each second (appears to be some sort of script) so I’ve left this out of the review.

Referral Commissions

GainMax Capital pay referral commissions on invested funds down three levels of recruitment (unilevel).

Percentage rates on each level are determined by how much a GainMax Capital affiliate has themselves invested:

  • Basic – 5% on level 1 (personally recruited affiliates), 3% on level 2 and 2% on level 3
  • Premium – 7% on level 1, 3% on level 2 and 2% on level 3
  • Advanced – 10% on level 1, 3% on level 2 and 2% on level 3
  • VIP – 12% on level 1, 3% on level 2 and 2% on level 3
  • VVIP – 15% on level 1, 3% on level 2 and 2% on level 3

Advisor Rewards

GainMax Capital reward those who convince others to invest large sums of money with a weekly and daily payments.

  • convince others to invest $10,000 ($5000 personal referral investment) and receive $100 a week
  • convince others to invest $30,000 ($10,000 personal referral investment) and receive $250 a week
  • convince others to invest $75,000 ($25,000 personal referral investment) and receive $150 a day
  • convince others to invest $225,000 ($75,000 personal referral investment) and receive $400 a day
  • convince others to invest $450,000 ($150,000 personal referral investment) and receive $1000 a day

Joining GainMax Capital

GainMax Capital affiliate membership is tied to an investment of between $10 and $100,000.

Conclusion

GainMax Capital claim to have “over 10 years trading experience”. The company claims to generate external ROI revenue via trading across “the world’s most popular financial markets”.

Leave alone the fact that GainMax Capital didn’t exist until June, 2017, no evidence of trading or any other external ROI revenue generation is provided.

The only verifiable source of revenue entering GainMax Capital is new affiliate investment.

Using newly invested funds to pay off existing investors makes GainMax Capital a Ponzi scheme.

On top of that GainMax Capital pays recruitment commissions, adding an additional pyramid layer to the scheme.

As with all Ponzi schemes, once affiliate recruitment slows down so too will newly invested funds.

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

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

Let’s block ads! (Why?)

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