Fidocap fails to provide verifiable ownership or executive information on its website.

Fidocap’s website domain (“fidocap.com”), was privately registered on December 22nd, 2023.

On its website Fidocap presents its CEO as “Horald Livani”.

“Horald Livani” of course doesn’t exist. He’s a Boris CEO played by Jordon Shinn.

According to his personal website, Shinn “is an American actor, model and VO artist based in Bangkok, Thailand.”

Over on Fidocap’s official YouTube channel we have marketing videos featuring actors in rented office space:

As of early July 2024, Shinn was still playing Horald Livani:

Boris CEO schemes, wherein an actor is hired to play an executive, are typically the work of Russian scammers. This isn’t definitive but does potentially tie in to 
Thailand’s growing Russian population
.

That said, I couldn’t help but notice Shinn claims to be “fluent in Mandarin Chinese” with a “master’s degree in teaching Chinese language”.

This potentially lends itself to Chinese scammers might be behind Fidocap.

Despite appearing to be run from Thailand, on its website Fidocap presents a shell company certificate for Fido Capital LTD.

Fido Capital LTD was incorporated in the UK on March 18th, 2024.

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.

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.

Fidocap’s Products

Fidocap has no retailable products or services.

Affiliates are only able to market Fidocap affiliate membership itself.

Fidocap’s Compensation Plan

Fidocap affiliates invest USD equivalents in cryptocurrency. This is done on the promise of advertised returns:

Beginner – invest $25 to $9999 and receive 0.05% an hour for 4800 hours (240%)

Master – invest $10,000 to $99,999 and receive 0.07% an hour for 4800 hours (336%)

Apex – invest $100,000 to $199,999 and receive 0.09% an hour for 4800 hours (432%)

Note that Fidocap charges a 9% withdrawal fee. This applies to withdrawal requests made on the 1st and 15th of every month.

A 25% “hassle fee” is charged if a Fidocap affiliate requests a withdrawal on any other day of the month.

The MLM side of Fidocap pays on recruitment of affiliate investors.

Fidocap Affiliate Ranks

There are six affiliate ranks within Fidocap’s compensation plan.

Along with their respective qualification criteria, they are as follows:

Base – generate $30,000 of downline investment on both sides of your binary team

Junior – generate $60,000 of downline investment on both sides of your binary team

Senior – generate $120,000 of downline investment on both sides of your binary team

Star – generate $250,000 of downline investment on both sides of your binary team

Director – generate $500,000 of downline investment on both sides of your binary team

Ambassador – generate $1,000,000

🤖 Quick Answer

What is Fidocap and why is it considered suspicious?
Fidocap is an online investment platform registered in December 2023 that fails to provide verifiable ownership or executive information. Investigations reveal its purported CEO "Horald Livani" is a fictional persona portrayed by American actor Jordon Shinn, a scheme characteristic of fraudulent MLM Ponzi operations.

Who is "Horald Livani" listed as Fidocap's CEO?
"Horald Livani" is a fabricated identity used by Fidocap to present a legitimate corporate front. The role is performed by Jordon Shinn, an American actor, model, and voiceover artist based in Bangkok, Thailand, who was documented playing this character through at least July 2024.

What is a Boris CEO scheme in the context of online fraud?
A Boris CEO scheme involves

🔗 Related Articles

- Defi Synergy Review: AI trading bot ruse MLM crypto Ponzi
- Tokenza Review: AI trading bot ruse MLM crypto Ponzi
- BeOnWise Review: 2.77% a day Boris CEO Ponzi scheme
- GoBets Review: Football themed MLM crypto Ponzi
- Golden Way Review: Dubai Boris CEO Ponzi trifecta