Laetitude provides no information on its website about who owns or runs the company.

Laetitude’s website domain (“laetitude.com”) was privately registered on February 23rd, 2020.

Further research reveals David El Dib (right) citing himself as Laetitude’s founder on LinkedIn.

El Dib is a former BitClub Network scammer. El Dib traveled with BitClub Network executives and spoke at BitClub Network promotional events.

The above screenshot is from a 2017 video of a BitClub Network event held in Spain.

El Dib (right) shared the stage with BitClub Network founder and convicted pedophile, Russ Medlin.

The DOJ
arrested three individuals connected to BitClub Network
in December 2019.

Russ Medlin was picked up in Indonesia seven months later. He was
arrested on child sex charges
.

The DOJ allege BitClub Network was a $722 million dollar Ponzi scheme and have indicted five individuals.

Whether David El Dib is a person of interest to US authorities is unclear.

In what is almost certainly not a coincidence, Stefan Stumpf is Laetitude’s “International Leader”.

Stumpf is also a former BitClub Network scammer:

David El Dib is originally from Austria. At some point he fled to Dubai.

Dubai is a safe haven for scammers. It is currently the
MLM scam capital of the world
.

Laetitude is run through the Spring7 FZ LLC, a shell company purportedly incorporated in the UAE.

Read on for a full review of Laetitude’s MLM opportunity.

Laetitude’s Products

Laetitude has no retailable products or services.

Affiliates are only able to market Laetitude affiliate membership itself.

Laetitude’s Compensation Plan

Laetitude affiliates invest up to $50,000 in a crypto trading bot on the expectation of a passive return.

Our bots have been developed over the past three years by an expert team of mathematicians, traders and programmers.

The bots’ trading strategies are based on novel algorithms that have never existed before.

Our bots are fully automated, fast, precise and reliable.

How much Laetitude affiliate pays in membership fees dictates how much they can invest:

Business – pay $500 and invest up to $5000

Business Pro – pay $1200 and invest up to $12,000

Founder Special – pay $3700 and invest up to $50,000

Laetitude’s compensation plan suggests the company keeps 35% of returns generated.

The MLM side of Laetitude pays commissions on recruitment of affiliates.

Laetitude Affiliate Ranks

There are nine affiliate ranks within Laetitude’s compensation plan.

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

Affiliate – sign up as a Laetitude affiliate

1 Star – generate and maintain $2000 in downline sales volume every 30 days

2 Star – generate and maintain $4000 in downline sales volume every 30 days

3 Star – generate and maintain $10,000 in downline sales volume every 30 days

4 Star – generate and maintain $30,000 in downline sales volume every 30 days

5 Star – generate and maintain $70,000 in downline sales volume every 30

🤖 Quick Answer

Who is David El Dib and what is his connection to Laetitude?
David El Dib, identified as Laetitude's founder on LinkedIn, is a former BitClub Network associate who participated in promotional events and traveled with company executives. He co-founded Laetitude, whose domain was privately registered in February 2020, maintaining anonymity regarding ownership and management structure.

What criminal history is associated with BitClub Network?
BitClub Network operated as a fraudulent scheme resulting in multiple arrests by the Department of Justice in December 2019. Founder Russ Medlin was apprehended in Indonesia in 2020 and faced charges related to child exploitation, while other executives faced prosecution for operating the Ponzi structure.

Why does Laetitude's lack of transparency raise concerns?
Laetitude's website provides no information about ownership or management. Combined with its

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