Is Lifestyler Club aka AI Global FOREX/Silverstar Live A Pyramid Scheme?
Did you happen to receive a direct message or an unsolicited email from someone appearing to be affiliated with a company called Lifestyler Club?
Lifestyler Club appears to be an MLM company that offers its own developed software for trading in FOREX. However, I have reasons to believe that Lifestyler Club is not what it appears to be.
Name: Lifestyler Club aka
Global Takeover Launch,
AI Global Markets,
AI Global FOREX,
AI Expert Advisor.
Owners: David "QuickSilver" Mayer and Hassan Mahmoud among others.
Price: $247 plus monthly fees
Lifestyler Club Business Opportunity Rating:
Lifestyler Club Product Rating:
FOR ONLINE BUSINESS OPPORTUNITY SEEKERS
As a scam buster, I thought something is off about this company. The way the business is presented and the opportunity it offers seems a little too good to be true.
So I decided to launch an extensive research about Lifestyler Club and oh boy...
I found some exciting things that you should know before you ever consider joining this company.
What is the Lifestyler Club
On the surface, Lifestyler Club appears to be a company that provides its members a software for convenient and profitable trading in FOREX.
On its sales page, Lifestyler Club does not provide any information about the company’s whereabouts and its owners.
There is only a FAQ section below a 52-second video of a seemingly excited kid that is talking way too fast I can barely understand what he is talking about.
Other than that his last name is Forbes?, he is 20 years old and that he is from Connecticut, there is not much to take from the video.
This Forbes guy says his company, the Lifestyler Club just had over 100,000 customers which is why he decides to let us (you and me) use his company’s hedge fund training software for FREE.
Who doesn’t want a FREE software for trading in FOREX right?
So thus, I clicked this thing below.
The Truth About Lifestyler Club
So I decided to learn more about Lifestyler Club. Much to my surprise, when I clicked the Free-30 Day trial, I was brought to another site called Global Takeover Launch.
I am pretty skeptical at this point, but I decided to watch the 40-minute video anyways presented by someone named Sal Leto and Hassan Mahmoud.
On the entire video presentation, the duo was insistent that they would not reveal their company name at the moment for some reasons.
Now, as I didn’t get enough info, I decided to dig a little more, and I found out the exact same video being used in the Global Takeover Launch sales pages in another site called AI Expert Advisor!
Please refer to the images below.
Notice how the same video was used in the site called AI Expert Advisor.
Personalities Behind the Program
On the AI Expert Advisor site, I came up with another name, a particularly interesting one...
David (Dave) Mayer aka “QuickSilver,” Chief Operating Officer of Silverstar Live.
Now for those of you who didn’t know, Silverstar Live is an MLM program that similarly promotes FOREX trading bots. Silverstar Live is owned by QuickSilver and well well well...
Hassan Mahmoud is listed as the Executive Vice President and Co-owner.
The same Hassan Mahmoud in the Global Takeover Launch and AI Expert Advisor video.
Another name is also mentioned to be one of the primary personalities behind the Silverstar Live. A certain Candace Ross-Mahmoud is listed as a Co-founder and President.
These people leads a community who calls themselves the Market Hackers.
Multiple sources also reveal that Dave Mayer and the two Mahmouds were previously part of the Enagic MLM company before launching the Silverstar Live.
The Real QuickSilver
Of the three personalities I mentioned above, my interests peaks on the QuickSilver because honestly, there must be a reason for Davey to be using such a flashy nickname.
So I decided to dig a little deeper and much to my surprise, Dave is famous (or should I say, INFAMOUS).
There is even a site dedicated for him called The Real QuickSilver!
Unfortunately, I won’t be providing a link to that site in here due to some confidential and delicate information disclosed in it. However, you can search for it should you be interested to learn more about Dave’s long rap sheet.
But for the short version, David Mayer has committed multiple frauds and felonies in the past years. And other than to try and take away attention from his scandalous past by using a different name, I see no reason why Dave uses an alias - QuickSilver.
Okay, I know we might have gone a little off topic on this Lifestyler Club review so let’s continue by taking a look at the company’s products.
Lifestyler Club/Global Takeover Launch Products
On their video presentation, the speakers fail to disclose any information about their FOREX trading bot, including its prices.
However, upon checking the other entries on the AI Expert Advisor site on which the same video is used, I came up with two product names...
The Benjamin and the Hamilton.
It appears that when you become a member, you can choose which of the two software you want to use while trading in FOREX.
Lifestyler Club aka Global Takeover Launch Compensation Plan
In addition to trading in FOREX using the company’s trading bots, there is an additional five ways you can earn money with Global Takeover Launch by becoming an affiliate of the company.
#1 Direct Sales Bonus
#2 Fast Start Bonus
#3 Team Coded Bonus
#4 Coded Matching Bonus
#5 Legacy Residual Bonus
How To Join Lifestyler Club
I am not sure whether to call this company Lifestyler Club, Global Takeover Launch or something else at this moment.
Apparently, we have to wait for Mahmoud, Sal Leto, and QuickSilver to make up their minds about this matter.
However, if you are interested in taking part in this operation...
There are two membership options you can choose from. You can either become a customer or upgrade to an affiliate.
To Become a Customer
To Become an Affiliate
While You're Here: Check Out My #1 Online Business Recommendation
My Major Concerns About Lifestyler Club/Global Takeover Launch
Before I end this review, allow me to share my significant concerns about this company.
#1 A Pyramid Scheme Renamed??
Now I know this might come a little negative but I am not calling this business a pyramid scheme. See the question marks?
That's the job for the SEC or the FTC.
However, why are the so called Market Hackers found it necessary to launch the exact same company multiple times under different names?
If you are wondering whether if Lifestyler Club/Global Takeover Launch is the Silverstar Live/AI Global FOREX simply renamed?
I would say YES!
On my research about Dave Mayer and Hassan Mahmoud, I stumble upon multiple other companies that offer the same FOREX trading bot services and exactly the same compensation plan. These are:
- AI Global FOREX,
- AI Global Markets,
- and the Silverstar Live (which I already mentioned earlier).
Just like Global Takeover Launch aka Lifestyler club...
These companies also offer to pay its members by promoting their services and trading systems, in addition to recruiting more people into joining the company.
In fact, all of these companies share the same compensation plan!!
- A one-time $40 commission every time you recruit people who buys the products.
- Free monthly subscription fee by recruiting three people under your team.
- Uses a 3x9 matrix compensation plan structure for residual and passive income.
- The same amount of commission rewards and earnings.
For your reference, I took the liberty of providing you a side by side comparison between these companies.
Silverstar Live aka AI Global FOREX aka AI Global Markets Compensation Plan
Lifestyler Club aka Global Takeover Launch Compensation Plan
This is the whole 40-minute video with Mahmoud and Sal Leto. Skip to minute 17:23 for the compensation plan discussion.
Needless to say, Silverstar Live and AI Global Forex are the same company.
The AI Global Market, Global Takeover Launch and Lifestyler Club are also the same company.
For whatever reasons the Market Hackers decided to operate multiple companies (5 of which I just exposed on this review, there might be more) that adopt an MLM business model with different names...
I can only think of one which I will discuss in a moment.
#2 No Company Name Mentioned
One thing that I noticed in these video presentations is that they do not disclose what company are they promoting, none whatsoever. Why?
Well, now we know.
The Market Hackers which is lead by Dave and Hassan seems to be running multiple investment organizations simultaneously!
#3 Illegal Operations??
As I was writing this review, neither Lifestyler Club, Global Takeover Launch, AI Global FOREX and any of these companies I mentioned here are registered with the SEC.
This means that the operations of these programs are probably unregistered and illegal!
I have a feeling that just like how quickly they can change the names of their companies...
Each of these programs will soon be shut down by (if these are indeed proven to be pyramid schemes) SEC in the coming months.
I wouldn’t say days since we all know that SEC and other authorities are busy busting other illegal investment and pyramid schemes.
It could take a while before they set their sites on the Market Hackers and their operations.
If these companies are really true to their promise of helping the average people make a decent living or they are indeed something entirely the opposite, only time will tell for now.
All I have are these facts, my personal opinion and your power to do further research to make an informed decision.
#4 Softwares have NO Actual nor Documented Trade Results
Perhaps the most disappointing part about these companies is that they claim to provide a sophisticated FOREX software that almost guarantees your profits.
However, the trading results for both the Benjamin and Hamilton are very much lacking.
I understand that they are still in the “trial period” but shouldn’t they refrain from promises of huge potential ROI and passive income?
Especially since no one can really predict the exact movements of FOREX trades.
Furthermore, the cost of these two expert advisors, Benjamin and Hamilton don’t make sense. Since they are not proven and tested to work on actual trades, what are the members paying for?
Oh, maybe its the right to recruit people into the program, MAYBE?
Again, I am not saying that I am 100% certain that the companies run by Mayer and Mahmoud are indeed pyramid schemes. But all these facts point nowhere but in that direction.
If there are affiliates of Global Takeover Launch, Silverstar Live and AI Global FOREX reading this Lifestyler Club review, we would love to hear your side.
Again, I am not saying that your company is a pyramid scheme, but we would love for you to clear the air.
Please utilize the Comment Section below.
While You're Here: Check Out My #1 Online Business Recommendation
Although nothing is proven yet (at this moment) and the SEC hasn’t issued an official statement about Lifestyler Club, AI Global FOREX and Silverstar Live...
I have reasons to believe that these companies are all pyramid schemes operated by the same group of people.
For starters, I have never seen two different companies that have the same compensation plans.
In the MLM industry, it's not surprising to see a few similarities from one company’s compensation plan to another, but never an exact duplicate.
Other than to lure as many people into the scheme by creating multiple companies for people to join in...
I can’t think of other reasons as to why the so-called Market Hackers are operating such shady companies.
But hey, it’s just me and I would love to be proven wrong.
My Sincere Advice
I advise that until more reliable information about this company and the software were released...
It is safe to stay away from these companies. Be extra careful when dealing with people who are promoting either one of these companies:
They are operated by the same group of people whom are led by QuickSilver and Mahmoud.
But don't get me wrong!
I am not saying that because someone (David Mayer aka QuickSilver) who has fraud convictions is the founder of multiple companies that provides a “Forex Trading Bot” automatically means that the company is a scam slash pyramid scheme.
To be fair, I would give Dave the benefit of the doubt and think that these companies are his way to make amends for his previous crimes.
However, let's just say that I won’t be confident in joining a company, an MLM company nonetheless that is operated by sketchy personalities.
There is a high possibility (although I am not saying that it is) that Lifestyler Club, among others, is no less than a pyramid scheme in disguise.
Finally, if you are really interested in trading online either with stocks or FOREX, I urge you to educate yourself to avoid falling victims with scams and pyramid schemes.
Before You Leave: Check Out My #1 Online Business Recommendation
Thank you for taking the time to read this Lifestyler Club review. I hope that you found some useful information about this company the people behind it so you can make a better and more informed decision in the future.
Once again, since the SEC and other authorities have yet to issue a verdict on whether this opportunity is indeed a pyramid scheme...
I request that you share this article to the people you know so they too could benefit from this kind of information.
Furthermore, all the facts and materials I presented on this review are base on my research and should be in no way a substitute for your own.
If you want to learn more about Lifestyler Club aka Global Takeover Launch, AI Global Markets and every other program that the QuickSilver has his hands on...
I encourage you to do additional research.
Meanwhile, if you are really serious about creating an reliable source of passive income...
Then I highly recommend that you check out this popular business opportunities as an alternative.
Remember, in dealing with online business opportunities, be extra careful. People will do everything to take advantage of your hard-earned money, and it is up to you to protect it.
Thank you and until next time.