Mevi AI has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to TrustBet. We’ve received over 4 complaints against Mevi AI.
Mevi AI, an AI entity, has raised questions about its mystery leadership, inconsistent CEO claims, and concealed domain registration. Anomalies in online traffic and false corporate addresses exacerbate the issue. Mevi AI is considered a probable scam because of the lack of regulatory control and traceable revenue streams. Its payout model, which is based on cryptocurrency investments, lacks transparency. Victims have few options owing to uncontrolled operations, which raises concerns among prospective investors. To protect your investments, always proceed with care and comprehensive research when dealing with unregulated businesses.
Get Your Money Back From These Scammers!
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Key Takeaways
Is Mevi AI Regulated? Do They Have a License?
In the world of artificial intelligence, Mevi AI stands out as a mysterious entity, cloaked in mystery and lacking verifiable ownership or executive accountability. The issue begins with different statements of its alleged CEO, “Timon Dellis.”
While Dellis is credited with leadership on Mevi AI’s website, official marketing videos provide a different story, identifying a specific individual as the company’s face.
Adding to the mystery, the domain “mevi.ai” was secretly registered on September 9th, 2023, raising concerns about the reasons behind such covert operations.
As of December 2023, a review of Mevi AI’s online traffic patterns reveals a notable anomaly: Poland leads as the leading source of traffic by an astounding 60%, implying possible connections between Mevi AI and this Eastern European nation.
Mevi AI’s website includes corporate addresses in New Zealand and the United Kingdom to help it project a legitimate image. However, a closer look reveals the deception, as both addresses are linked to co-working facilities unrelated to Mevi AI. As we delve into the complexities of Mevi AI’s ambiguous identity, a web of ambiguities emerges, prompting us to question the motives and goals of this enigmatic artificial intelligence entity.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Mevi AI is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Mevi AI, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Trading Conditions and Deposit/Withdrawal Methods at Mevi AI
The heart of Mevi AI’s functioning is its reward plan, which entices affiliates to invest in cryptocurrencies with the promise of daily returns of up to 1.5 percent.
The strategy is designed on a one-level compensation scheme, with affiliates organized in a hierarchy based on recruiting levels. This system can theoretically have an endless number of levels, but Mevi AI limits payable levels to ten.
Across these tiers, referral commissions are distributed as a proportion of cryptocurrency investments, with level 10 affiliates earning 1% and level 1 personally recruited affiliates earning 8%. However, the ability to access levels 5 to 10 is only possible if certain investment volume requirements are met.
Mevi AI provides supplementary incentives and a corresponding bonus of 2% on daily returns for the entire unilevel team. This bonus is restricted to ten levels.
Affiliates are awarded an additional $10,000 direct incentive for each $100,000 in personally recruited affiliate investment volume. The esteemed World Bonus, which is contingent upon meeting significant investment and recruitment targets, awards eligible affiliates with a 5% stake in the monthly investment volume of the organization.
Becoming a Mevi AI affiliate is a no-cost undertaking; however, to fully exploit the potential earnings, a minimum investment that is not disclosed is required. Mevi AI promotes investments in a variety of cryptocurrencies in an active manner.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
Mevi AI Customer Service: Do They Handle Complaints Well?
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.
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Mevi AI Reviews: What Do Others Say?
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like Mevi AI tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust Mevi AI reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of Mevi AI, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Mevi AI enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Mevi AI reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Mevi AI.
You should always look out for consumer complaints. In the case of Mevi AI, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees and charges
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about Mevi AI? You can share your complaint in the comment section or submit an anonymous tip.
Is Mevi AI Legit Or Scam?
Mevi AI claims to generate external revenue via the MEV bot, an AI trading bot meant to optimize cryptocurrency trading techniques. Despite the appealing promises, the lack of verifiable evidence raises concerns about the source of monies used for affiliate withdrawals. The company does not provide audited financial reports, which is a critical aspect of authenticating trade revenue.
The news that Mevi AI has failed to register with any financial regulator raises concerns about potential securities fraud and unlawful operations. The lack of legitimate offices, as well as the use of hired actor executives, harmed Mevi AI’s credibility.
Mevi AI’s structure is similar to a Ponzi scheme in that it lacks long-term revenue sources other than new investments. History shows that such schemes inevitably fail, leaving the majority of participants with a financial loss. As the curtain falls on Mevi AI’s complicated web, danger flags fly high for potential investors.
Mevi AI is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Mevi AI can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust Mevi AI?
All the evidence suggests that Mevi AI is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Frequently Asked Questions
Is Mevi AI a scam?
Can I withdraw money from Mevi AI?
Where is Mevi AI Located?
How do I get my money back from Mevi AI?
How The Mevi AI Online Scam Works
Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
