Car USDT fails to provide ownership or executive information on its website.
Car USDT’s website domain (‘car-usdt.vip”), was registered with bogus details on April 19th, 2024.
Of note is Car USDT’s domain being registered through the Chinese registrar Alibaba (Singapore).
Despite existing for only a few weeks, Car USDT has already attracted the attention of the Central Bank of Russia. On April 24th, the CBR issued a
Car USDT pyramid fraud warning
.
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.
Car USDT’s Products
Car USDT has no retailable products or services.
Affiliates are only able to market Car USDT affiliate membership itself.
Car USDT’s Compensation Plan
Car USDT affiliates invest tether (USDT). This is done on the promise of advertised returns:
VIP1 – invest 17 USDT and receive 5 USDT a day
VIP2 – invest 51 USDT and receive 15 USDT a day
VIP3 – invest 153 USDT and receive 45 USDT a day
VIP4 – invest 306 USDT and receive 90 USDT a day
VIP5 – invest 612 USDT and receive 180 USDT a day
VIP6 – invest 918 USDT and receive 278 USDT a day
VIP7 – invest 1836 USDT and receive 565 USDT a day
VIP8 – invest 3672 USDT and receive 1148 USDT a day
VIP9 – invest 5508 USDT and receive 1750 USDT a day
VIP10 – invest 8262 USDT and receive 2665 USDT a day
VIP11 – invest 12,393 USDT and receive 4273 USDT a day
VIP12 – invest 25,066 USDT and receive 10,026 USDT a day
The MLM side of Car USDT pays on recruitment of affiliate investors.
Referral Commissions
Car USDT pays referral commissions on invested USDT down three levels of recruitment (unilevel):
level 1 (personally recruited affiliates) – 11%
level 2 – 3%
level 3 – 2%
Referral Bonus
Car USDT pays a referral bonus on downline investment volume:
500 USDT invested within 24 hours = 15 USDT bonus
1000 USDT invested within 24 hours = 35 USDT
5000 USDT invested within 24 hours = 200 USDT
10,000 USDT invested within 24 hours = 450 USDT
50,000 USDT invested within 24 hours = 2555 USDT
100,000 USDT invested within 24 hours = 6666 USDT
Joining Car USDT
Car USDT is yet another “click a button” app Ponzi scheme.
The scam misappropriates branding of German car manufacturer Mercedes-Benz.
Needless to say Car USDT has nothing to do with Mercedes-Benz.
Car USDT doesn’t bother coming up with a ruse. This makes it a typical “task-based” Ponzi scheme.
The assigned task in Car USDT are “orders”. This sees Car USDT affiliate investors log in daily to “click a button”.
Clicking the button daily qualifies Car USDT investors to receive daily returns as advertised.
Beyond that clicking a button inside Car USDT does nothing, there is no external revenue. All Car USDT does is recycle newly invested funds to pay earlier investors.
Examples of already collapsed “click a button” app Ponzis using the same ecommerce ruse are
HappyLook
,
Movss
and
FocuStar
.
Including Car USDT, BehindMLM
🤖 Quick Answer
What is Car USDT and what are its main characteristics?Car USDT is a task-based application that operates as a suspected Ponzi scheme, registered through Alibaba Singapore on April 19th, 2024. The platform lacks transparent ownership information and executive details on its website, raising significant legitimacy concerns among regulatory authorities.
Why has Car USDT attracted regulatory attention?
The Central Bank of Russia issued a pyramid fraud warning against Car USDT on April 24th, 2024, just weeks after its launch, indicating the platform's suspicious operational structure and potential illegal financial activities.
What products does Car USDT offer to its affiliates?
Car USDT offers no retailable products or services. Affiliates can only market Car USDT membership itself, which is characteristic of pyramid scheme structures rather than legitimate MLM business models.
**What domain registrar was used for Car
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