Mirror Trading International

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Hi all

I’m going to try and work the FSCA angle. I’d like to see a crypto / MLM task force but haven spoken to a number of industry colleagues they are under the cosh from an enforcement perspective.

Any of the members here and the contributors to dishonest.co.za that would be interested in doing the leg work to help the regulators get this to a conclusion quicker?

Thinking things like screenshots of promoters, downloads of webinars / YouTube’s before they get removed?

May be a lot of work but happy to act as go between on the FSCA aspect of there is the will out there to make the difference?
 

from the video:

more family and friends to the corporate team.....
head of international expansion
head of research and development
head of corporate services part time and full time estate agent ......I battle with this one, does not seem credible?

kyc 16 million?

pty limited private company with a club structure, they do not need to divulge .....25:30 minutes

getting rid of 10% of people with multiple accounts......are they then getting rid of the founders?

head of support

just before 44 minutes, a lady talking ....someone have technology or better headphones to hear what is said?

type of subliminal btc images worked into the video?

peter helping his guests to find the sentences and words, that has obviously been planned and discussed before the time

I get the feeling that maybe head of communications will become more off a background role now, maybe she has caused to much damage on social media?
 
mark_mcallister said:
Hi all

I’m going to try and work the FSCA angle. I’d like to see a crypto / MLM task force but haven spoken to a number of industry colleagues they are under the cosh from an enforcement perspective.

Any of the members here and the contributors to dishonest.co.za that would be interested in doing the leg work to help the regulators get this to a conclusion quicker?

Thinking things like screenshots of promoters, downloads of webinars / YouTube’s before they get removed?

May be a lot of work but happy to act as go between on the FSCA aspect of there is the will out there to make the difference?
Click to expand...
I'm in let me know what you need.
 
soulie said:
Dont know if this has been posted before:
For the 1st week or so we will enjoy 5 days a week trading while the team tweaks the trading software so it is suitable for weekend crypto trading and then we will have 7 days a week crypto trading !!!!
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Then, In approx 4 weeks time or so, Forex Trading will be back as well!!!!
Click to expand...

That must be from an old post or has someone reposted this in a Telegram group? It didnt sound like forex was an option in the near future or even their 7 day trades from the last CEO video. "Might" and "could" were the operative words. The "4 week" period is over 2 months now if not longer.
 
adslrouter said:

from the video:

more family and friends to the corporate team.....
head of international expansion
head of research and development
head of corporate services part time and full time estate agent ......I battle with this one, does not seem credible?

kyc 16 million?

pty limited private company with a club structure, they do not need to divulge .....25:30 minutes

getting rid of 10% of people with multiple accounts......are they then getting rid of the founders?

head of support

just before 44 minutes, a lady talking ....someone have technology or better headphones to hear what is said?

type of subliminal btc images worked into the video?

peter helping his guests to find the sentences and words, that has obviously been planned and discussed before the time

I get the feeling that maybe head of communications will become more off a background role now, maybe she has caused to much damage on social media?
Click to expand...
Amazing how comments are turned off now.. Lol
 
adslrouter said:

from the video:

more family and friends to the corporate team.....
head of international expansion
head of research and development
head of corporate services part time and full time estate agent ......I battle with this one, does not seem credible?

kyc 16 million?

pty limited private company with a club structure, they do not need to divulge .....25:30 minutes

getting rid of 10% of people with multiple accounts......are they then getting rid of the founders?

head of support

just before 44 minutes, a lady talking ....someone have technology or better headphones to hear what is said?

type of subliminal btc images worked into the video?

peter helping his guests to find the sentences and words, that has obviously been planned and discussed before the time

I get the feeling that maybe head of communications will become more off a background role now, maybe she has caused to much damage on social media?
Click to expand...
Had a listen to this video, Just could not believe what I heard, I was like the "Blind leading the Partially Sighted"
Please don't tell me that Patsy Monica Coetzee is a qualified accountant....totally impossible.
Just a question for discussion, Why appoint an outsider as director and not " Lady Lindt" or one of the other founders, OK so I will stick my neck out and say, Members beware. Here is an exit strategy being implemented
 
mark_mcallister said:
Hi all

I’m going to try and work the FSCA angle. I’d like to see a crypto / MLM task force but haven spoken to a number of industry colleagues they are under the cosh from an enforcement perspective.

Any of the members here and the contributors to dishonest.co.za that would be interested in doing the leg work to help the regulators get this to a conclusion quicker?

Thinking things like screenshots of promoters, downloads of webinars / YouTube’s before they get removed?

May be a lot of work but happy to act as go between on the FSCA aspect of there is the will out there to make the difference?
Click to expand...
Where can we sent info
 
DesertWrangler said:
I believe that this criminal syndicate is smart enough to understand that for the scheme to survive, they must maintain a certain liquidity ratio, similar to a bank. This would enable them to cover any withdrawal requests under average conditions. I believe that this liquidity ratio would be directly proportional to the average withdrawals and inversely proportional to new deposits. In addition to this “withdrawal buffer”, we already know that members receive 10% of new money as bonuses (yes, yes, we know MTI claims this comes from their pockets) and we know that the pro-scammers on the founders list get a fixed percentage (20% if I recall). The rest of the incoming cash, minus the average withdrawals, now needs to be spread across the remaining members as “income”. The bot eats 40% of this profit as a fee, which I’m sure also goes directly into Johann S and the Ward/Grey/Marks clan’s pockets. When you consider that the member pool keeps growing, it is no surprise that the little money that’s left over will be spread thinner and thinner over time. Unless they see a large spike in deposits (and it would have to be big deposits from a small number of new or preferably existing members), the only way to keep the liquidity ratio balanced, would be to reduce the average “profit” paid to members over time.
Click to expand...
But slowly, like how you boil a frog. Someone should ask on the groups if the bot is getting tired because the profits are dropping very consistently.
 
D@leW said:
But slowly, like how you boil a frog. Someone should ask on the groups if the bot is getting tired because the profits are dropping very consistently.
Click to expand...
Yes, the process would be very slow at first, but it will pick up pace as less and less new money comes in and more people start withdrawing because the returns are less attractive.
 
aofafrica said:
Pretend these returns were legit, and a meeting goes like this:

Guys, instead of us earning 65% of the returns this bot achieves, let's take away a huge percentage of the returns and rather pay those to MLM uplines?

Let's take 65% down to 40% and pay the 25% to people who have done no more than bring their pals along.

let's pay another 10% referral fee just because this is clearly not generous enough.

All those in favour?
Click to expand...

So, Question. 40% gets divided by an ever growing membership volume. Your "compound" interest might help and the volume of funds put in by new members but i think it could dwindle over time even with a higher bot days bonus... Now the 25% that goes to traders??. How many traders could there actually be. My guess is that some employees are getting the full 100% , even more for that founders bonus.. or was that once off?
 
Inquisitiveone said:
So, Question. 40% gets divided by an ever growing membership volume. Your "compound" interest might help and the volume of funds put in by new members but i think it could dwindle over time even with a higher bot days bonus... Now the 25% that goes to traders??. How many traders could there actually be. My guess is that some employees are getting the full 100% , even more for that founders bonus.. or was that once off?
Click to expand...
Remember the moment you pay one cent of depositors investment capital to the founders, management or anyone other than the depositors thats FRAUD and GRAND THEFT unless you have a specific contract in place with the depositor duly signed and notarized.
 
Inquisitiveone said:
So, Question. 40% gets divided by an ever growing membership volume. Your "compound" interest might help and the volume of funds put in by new members but i think it could dwindle over time even with a higher bot days bonus... Now the 25% that goes to traders??. How many traders could there actually be. My guess is that some employees are getting the full 100% , even more for that founders bonus.. or was that once off?
Click to expand...
Keep in mind, there is no trading and there is no bot. There is only robbing Peter to pay Paul.
 
mark_mcallister said:
Hi all

I’m going to try and work the FSCA angle. I’d like to see a crypto / MLM task force but haven spoken to a number of industry colleagues they are under the cosh from an enforcement perspective.

Any of the members here and the contributors to dishonest.co.za that would be interested in doing the leg work to help the regulators get this to a conclusion quicker?

Thinking things like screenshots of promoters, downloads of webinars / YouTube’s before they get removed?

May be a lot of work but happy to act as go between on the FSCA aspect of there is the will out there to make the difference?
Click to expand...
@PsyWulf has been archiving a lot of the videos IIRC. There are screenshots all through this thread, some of the main ones have made their way over to dishonest.co.za.
 
D@leW said:
But slowly, like how you boil a frog. Someone should ask on the groups if the bot is getting tired because the profits are dropping very consistently.
Click to expand...
Think they being a little clever lately as the daily returns been pretty crappy at 0.1 and 0.2% but then all of a sudden out of the blue will be a banging day at 0.7 and 0.8% I think to keep the spirits up and delay the complaints
 
MissKnow-a-Little said:


Posted 18 hours ago.
Click to expand...

7:03 - 7:13....."although our referral program is completely optional, it is crucial to consider that with this compensation plan you could change your finances forever".

And there we have it - just like with any and all pyramid and Ponzi scams, recruitment is the real driving-factor and where people make the most "income". The flowing in of funds from new deposits (existing or new members) is the only way these scams ever work.
The meager ROI is not going to be of much financial benefit, hence MTI is not an investment opportunity, but predominantly a recruitment scheme.
 
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