ArbiSmart Review  – Ponzi Scheme  – MLM Scam

Website & Company Information

The web domain of the company was registered on the 23rd of July 2018 and was later updated on 2020–01–13. The website does not provide any information about who owns or runs the company.

As always, if the company is not being transparent about its corporate structure, then you must think twice before handing over your hard-earned money to anonymous people on the internet.

ArbiSmart’s Products

The company has no retailable products or services, with affiliates only able to market ArbiSmart affiliate membership itself.

ArbiSmart’s Compensation Plan

Affiliates are required to invest a minimum of €300 on the promise of advertised returns.

  • Beginner Level 1 — invest 300 to 500 EUR and get 0.012 to 0.014 EUR a day plus 0.048 to 0.056 in RBIS tokens a day
  • Beginner Level 2 — invest €501 to €1000 EUR and get €0.013 to €0.015 EUR plus 0.052 to 0.06 RBIS tokens a day
  • Beginner Level 3 — invest €1001 to €2500 EUR and get €0.014 to 0.016 EUR plus 0.056 to 0.064 RBIS tokens a day
  • Advanced Level 1 — invest €2501 to 5000 EUR and get €0.02 to €0.024 EUR plus 0.08 to 0.096 RBIS tokens a day
  • Advanced Level 2 — invest €5001 to 14,999 EUR and get €0.024 to €0.028 EUR plus 0.096 to 0.112 RBIS tokens a day
  • Advanced Level 3 — invest €15,001 to €30,000 EUR and get €0.027 to €0.03 EUR plus 0.108 to 0.12 RBIS tokens a day
  • Expert Level 1 — invest €30,001 to 50,000 EUR and get €0.3 to €0.032 EUR plus 0.12 to 0.128 RBIS tokens a day
  • Expert Level 2 — invest €50,001 to 100,000 EUR and get €0.032 to €0.034 EUR plus 0.128 to 0.136 RBIS tokens a day
  • Expert Level 3 — invest €100,001 to €250,000 EUR and get €0.034 to €0.039 EUR plus 0.136 to 0.156 RBIS tokens a day
  • Elite Level 1 — invest €250,001 to €500,000 EUR and get €0.04 to €0.042 EUR plus 0.16 to 0.168 RBIS tokens a day
  • Elite Level 2 — invest €500,001 to €1,000,000 EUR and get €0.043 to €0.046 EUR plus 0.172 to 0.184 RBIS tokens a day
  • Elite Level 3 — invest €1,000,001 to €2,500,000 EUR and get €0.046 to €0.075 EUR plus 0.184 to 0.2 RBIS tokens a day

Referral Commissions

The company pays referral commissions on invested funds via a unilevel compensation structure, capped at five team levels:

Level 1–5%

Level 2 to 5 — Unspecified

A 25% back-office balance bonus is also offered when ArbiSmart affiliates reinvest returns instead of withdrawing.

Joining ArbiSmart

Joining ArbiSmart affiliate membership is tied to an initial investment of €300.

Conclusion

The company shamelessly flaunts its ‘Eu Regulated’ badge. We couldn’t find anything substantial that would allow them to prove their EU Regulation. Showing-off a fake registration allows them to offer passive income opportunities and that’s what they are doing!

An MLM company offering a passive investment opportunity constitutes a securities offering, which ArbiSmart is not registered to offer in any jurisdiction. This means they are operating illegally.

The company also claims of generating external revenue through arbitrage trading. No evidence of any trading taking place or any source of external revenue being used to pay returns is provided.

RBIS Token — Another Vehicle for Exit-Scamming

RBIS Token is useless because it has no utility outside the ArbiSmart ecosystem. And for your knowledge, these tokens can be created on the blockchain in just five minutes.

And if the admins are involved in other similar scams, they will just need to clone the smart contract on the Etheruem blockchain with a different name.

The cost to generate RBIS Tokens and the cost to distribute RBIS Tokens as ROI is almost zero. The owners already have 450 Million tokens generated and stored in their wallets. They are accepting ‘liquid’ currency — EUR and on the other hand, they are distributing returns in RBIS Token, which is useless, has plenty of supply and are not liquid.

Fraudsters choose the ERC-20 token Ponzi business model because it allows them to create an illusion. Users think they are receiving something ‘valuable’ on their end, but in reality, these tokens are all smokes and mirrors.

Note: The value RBIS Token is not based on real supply and demand.