Skainet Systems fails to provide ownership or executive information on its website.
Skainet Systems’ website domain (“skainetsystems.com”), was privately registered on April 9th, 2024.
Courtesy of internal marketing, one name we can attach to Skainet Systems is Michael Baur.
As above, Baur is Skainet Systems’ Chief Marketing Officer. I’ve also seen Baur credited as Skainet Systems’ “CEO of South America”.
In 2019 a BehindMLM reader
tied Baur to the CMMT Revolution Ponzi scheme
. In August 2022, another BehindMLM reader
tied Baur to the collapsed PLC Ultima series of Ponzi schemes
.
Baur’s name also led me to this FaceBook post from serial MLM Ponzi promoter Christof Torck:
According to Torck, his “partner in crime” Lee Oshea recently held a Skainet Systems meeting with Baur in Dubai.
Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as 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.
If you want to know specifically how this applies to Skainet Systems, read on for a full review.
Skainet Systems’ Products
Skainet Systems has no retailable products or services.
Affiliates are only able to market Skainet Systems affiliate membership itself.
Skainet Systems’ Compensation Plan
Skainet Systems affiliates pay a fee. How much they pay determines how much they can invest through Skainet Systems’ purported AI trading bot.
T-800 – $29.99 a year and lets you invest $100 or more on the promise of 20% a month
T-1000 – $49.99 a year and lets you invest $100 or more on the promise of 30% a month
T-X – $99.99 a year and lets you invest $100 or more on the promise of 40% a month
Note that funds invested with Skainet Systems’ trading bot are “locked” for 6 months.
The MLM side of Skainet Systems pays on recruitment of affiliate investors.
Skainet Systems Affiliate Ranks
There are ten affiliate ranks within Skainet Systems’ compensation plan.
Along with their respective qualification criteria, they are as follows:
Rank 1 – sign up as a Skainet Systems affiliate and invest at least $100
Rank 2 – invest $300 and generate $5000 in downline investment volume
Rank 3 – invest $500 and generate $25,000 in downline investment volume
Rank 4 – invest $1000 and generate $50,000 in downline investment volume
Rank 5 – invest $3000 and generate $100,000 in downline investment volume
Rank 6 – invest $5000 and generate $250,000 in downline investment volume
Rank 7 – invest $10,000 and generate $500,000 in downline investment volume
Rank 8 – invest $25,000 and generate $1,000,000 in downline investment volume
Rank 9 – invest $35,000 and generate $5,000,000 in downline investment volume
Rank 10 – invest $50,000 and generate $10,000,000 in downline investment volume
Referral Commissions
🤖 Quick Answer
What is Skainet Systems and who is associated with it?Skainet Systems is a company whose website domain was registered on April 9, 2024, with no publicly disclosed ownership or executive information. Michael Baur, identified as Chief Marketing Officer, has been linked to previous schemes including CMMT Revolution and PLC Ultima Ponzi operations. Meetings were reportedly held in Dubai.
What is Michael Baur's background in network marketing schemes?
Michael Baur has been connected to multiple controversial ventures. In 2019, he was tied to the CMMT Revolution Ponzi scheme, and in 2022, he was associated with the collapsed PLC Ultima series of Ponzi schemes. He holds the title of Chief Marketing Officer at Skainet Systems.
Who else is connected to Skainet Systems promotions?
Serial MLM Ponzi promoter
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