Capital Share Limited provides bogus executive information on its website.
Under fictional aliases, Mark and Tammy Smith are presented as Capital Share Limited’s CEO and co-founder:
The Smiths are co-owners of
DreamTrips
, a travel themed MLM company that has nothing to do with Capital Share Limited.
Capital Share Limited’s marketing videos feature a robodubbed AI generated spokespersons.
Capital Share Limited’s website domain (“capitalshareltd.com”), was privately registered on November 17th, 2022.
If we look at Capital Share Limited’s website source-code, we find a reference to Lacore Payments:
LaCore Payments is a US-based payment processor owned by Terry LaCore. Like the Smiths, it’s unlikely LaCore is involved in Capital Share Limited.
In an attempt to appear legitimate, Capital Share Limited provides a corporate address in Dubai on its website.
This is an instant red flag due to
Dubai being the MLM crime capital of the world
.
BehindMLM’s guidelines for Dubai are:
If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.
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.
Capital Share Limited’s Products
Capital Share Limited has no retailable products or services.
Affiliates are only able to market Capital Share Limited affiliate membership itself.
Capital Share Limited’s Compensation Plan
Capital Share Limited solicits investment in USD equivalents of bitcoin and tether.
This is done on the promise of advertised returns:
Standard Package – invest $150 to $39,999 and receive 2% a day for 6 days
Plus Package – invest $40,000 to $80,000 and receive 2.05% a day for 6 days
Priority Package – invest $80,000 to $159,999 and receive 3% a day for 28 days
Elite Package – invest $160,000 to $499,999 and receive 3.5% a day for 52 days
The MLM side of Capital Share Limited pays on recruitment of affiliate investors.
Referral Commissions
Capital Share Limited pays a 10% commission on cryptocurrency invested by personally recruited affiliates.
Rank Rewards
Capital Share Limited’s Rank Rewards pay investors a monthly bonus.
VIP Rank – maintain an active investment, recruit fifteen affiliates and generate $8000 in total downline investment = $200 a month
Executive Rank – maintain an active investment, maintain fifteen personally recruited affiliates and generate $15,000 in total downline investment = $450 a month plus a Rolex watch
Global VIP – not disclosed
Note that to count towards Rank Rewards, recruited affiliates must have an active investment.
Joining Capital Share Limited
Capital Share Limited affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $150 investment.
Capital Share Limited solicits investment in bitcoin and tether.
Capital Share Lim
🤖 Quick Answer
What is Capital Share Limited?Capital Share Limited is a cryptocurrency mining operation based in Dubai that has been identified as operating a Ponzi scheme structure. The company presents itself as a legitimate crypto mining enterprise but operates through deceptive marketing practices and fraudulent claims about its operations and management.
Who are the alleged founders of Capital Share Limited?
Capital Share Limited falsely presents Mark and Tammy Smith as its CEO and co-founder under fictional aliases. The Smiths are actually co-owners of DreamTrips, an unrelated travel-themed multi-level marketing company, suggesting their involvement with Capital Share Limited is misrepresented.
What fraudulent practices does Capital Share Limited employ?
The company uses AI-generated robodubbed spokespersons in marketing videos and provides fabricated executive information on its website. Additionally, it falsely associates itself with LaCore Payments, a legitimate US payment processor owned by Terry
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