HotNews No. 135: MaoPay – AI Trading MLM Ponzi Scam
MaoPay is a crypto MLM platform claiming to offer passive income through AI trading algorithms and cryptocurrency investments. The platform’s website (“maopay.ai”) is privately registered, and ownership or executive information is not publicly available.
How MaoPay Works:
- Promoters invest in different plans promising daily returns ranging from 0.5% to 3%, depending on the plan and duration.
- In addition to direct returns, the system pays referral commissions through a unilevel MLM structure up to 20 levels.
- Promoters also receive bonuses for achieving ranks and additional rewards through the “Ambassador Program.”
Key Concerns:
- MaoPay has no retailable products or verifiable evidence of generating real revenue.
- The only source of funds entering the system is new investments.
- The investment and payout structure corresponds to a classic Ponzi scheme.
- When new investor recruitment slows, the platform will run out of funds to pay returns, inevitably leading to a collapse and losses for the majority of participants.
Message to Victims:
- Preserve all evidence, including communications, transactions, and payments.
- Contact appropriate authorities or legal advisors experienced in financial fraud cases.
- Exercise caution with future crypto investments and verify the regulatory status of platforms.
MaoPay demonstrates that MLM Ponzi schemes continue to operate under the guise of sophisticated crypto platforms—but math guarantees that most participants will lose their invested funds.
Your DefendMe Team