Trust Your Universe operates in the trading MLM niche.
Trust Your Universe operates as Universe Trading LLC, a shell company incorporated in St. Vincent and the Grenadines.
St. Vincent and the Grenadines is not a jurisdiction active in MLM regulation, meaning consumers have no recourse against scammers.
Any MLM company incorporated in St. Vincent and Grenadines raises a red-flag.
Trust Your Universe’s website domain (“tyu-trade.com”), was privately registered on August 14th, 2022.
It should be noted that Trust Your Universe initially launched on the German domain (“trust-your-universe.de”), on or around early June 2022.
Curiously, on its website Trust Your Universe provides a corporate address in New York. This appears to be a virtual address (read on to learn why).
Heading up Trust Your Universe is founder and CEO Dada Pey.
On a recent Trust Your Universe webinar, Pey introduces himself as being “from Stuttgart in Germany”.
Dada Pey appears to have gotten started in MLM with the
since collapsed
pyramid scheme
WorldVentures
:
After that he began promoting
iMarketsLive
, through his downline group “Global Achievers”.
In an attempt to distance itself from a
CFTC commodities fraud
fine issued in 2018, iMarketsLive rebooted as
IM Mastery Academy
in September 2019.
Pey appears to have left iMarketsLive by late 2019 (he was promoting IM Mastery Academy in December 2019).
In an Instagram post dated January 7th, 2020, Pey stated;
Just 24 hours after ours Launch we are with GA in the TOP 15 of the new company we work with, in the entire German-speaking area.
“GA” refers to Global Achievers but Pey doesn’t name the MLM company. It appears to be an AI trading opportunity.
Whichever company it was, it seems to have fallen apart sometime in 2021. That brings us to Trust Your Universe in 2022.
I believe what’s left of Global Achievers makes up most of Trust Your Universe’s launch affiliate-base.
On Pey’s Instagram account we learn he has ties to Dubai:
Putting all of this together, we can confirm Trust Your Universe has no physical ties to either St. Vincent and the Grenadines or the US.
Trust Your Universe is run by Dada Pey from Dubai, 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 Trust Your Universe, read on for a full review.
Trust Your Universe’s Products
Trust Your Universe markets access to a forex trading platform.
As stated in the footer of Trust Your Universe’s website:
We are contracting with Leverate, which is providing all services relating to trading / MT5 access / Liquidity provider access / to carry out trading services that we offer.
Leverate Financial Services Ltd is regulated by the Cyprus Securities and Exchange Commission.
Uptrader is the sof
🤖 Quick Answer
What is Trust Your Universe's corporate structure?Trust Your Universe operates as Universe Trading LLC, a shell company incorporated in St. Vincent and the Grenadines. The company maintains a website domain privately registered in August 2022 and claims a corporate address in New York, reportedly a virtual office. This jurisdiction choice is significant as St. Vincent and the Grenadines lacks active MLM regulatory oversight.
Why is St. Vincent and the Grenadines incorporation concerning?
St. Vincent and the Grenadines does not actively regulate MLM operations, leaving consumers without legal recourse against fraudulent activities. MLM companies incorporating in this jurisdiction typically raise regulatory red flags, as it suggests minimal oversight and accountability for business practices.
When did Trust Your Universe launch operations?
Trust Your Universe initially launched on the German domain "trust-your-universe.de" around early June 2022. The primary domain "tyu-
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