D9 Trader is a scam? Be sure to read before investing

D9 Trader is a group of Brazilian investors created in early 2016 by professional scammers to apply financial scams. The creators practiced the famous ponzi scheme, also called a pyramid scheme. That is, simply the D9 that created a betting system to deceive anyone who wished to invest in the company.

The owner of D9 is Danilo Vunjao Santana Gouveia, and he was accused of financial fraud against the Brazilian economy.

In this review we explain how the D9 trader club worked, as were the investment plans and the testimonials of investors who lost money in the company.

How did the D9 Trader work?

Company D9, like all other financial pyramids, had a specialized website, and used a variety of means to attract new investors with promises of high and almost impossible earnings. They said that the investment value was 15% each week.

With this promise of valorization, D9 trader club he got investors, who needed to register on the company's website.

After creating an account, the investor could choose from several packages. D9 offered the basic package for R $ 6 reais, with which the would-be investor would have a fixed profit of 760,00% for 331,5 year. In the initial proposal, D1 said that 9 weekly installments of R $ 52 reais would be paid.

The payment would be through bitcoins, which are the most famous virtual currencies on the internet, the investor could convert the bitcoins into balances on his credit card. However, no contract was signed with the investor. Therefore, they had no formalized agreement with the company.

This is an example of D9's plans and its bonus system:

D9 guaranteed that it placed sports bets with the investor's money, made through a British virtual website, where all the money invested would be invested. However, this was never done.

D9 Affiliate Trader Club

D9 Trader used several means to convince investors and attract new investors to the club, the disclosure of the internet promised a very high bonus for D9 affiliates.

The D9 Trader remuneration plan paid for each affiliate who sold "vouchers" to retail customers, for each sale the affiliate received a commission of up to 50% for recruiting new investors. So that for each new investor recruited, the higher the score of those who indicated and the higher the percentage received.

In short, D9 made money with the entry of new members and paid the old ones with that same money! This behavior is typical of companies that practice pyramid schemes.

The remuneration was paid through a unilevel system, where he placed an affiliate at the top of the pyramid, and the others below who would be able to climb through new recruits, so there was a scoring system.

If the START-level affiliate recruits new members it will rise to the BRONZE level. The BRONZE level was set for more than one referral, and so on, the more you indicated the more points the affiliate would have and would level up.

However, the results in the first few weeks worked. This was because D9 had to show investors that the “scheme” was real. For this reason, the company was doing what it promised as a way of attracting new investors, providing social evidence of the withdrawal of values.

But the payment was not the result of legal bets, but of deposits from new investors that came in through the older investors. Do you understand how the scheme worked?

D9 stopped paying?

Payments, which were made in Bitcoin, were interrupted in the investor's virtual accounts for no reason! Investors were unable to withdraw the amounts as the payment was blocked.

As a result, investors complained about the D9 website, but the company always claimed that there was a problem with the website or a problem with the investment account.

In addition, the coup ended up extending and going further for some people. For these investors, D9 said that to recover the money from the bets, it would be necessary for the investor to make a new deposit. Thus, to recover the balance earned, the investor paid again to D9, hoping to withdraw his money, but the amounts were never recovered.

All the money earned was divided between the owner of D9 Trader, Danilo Santana, and the national and regional leaders of the company. These people used the investors' money to flaunt, buy luxury cars, mansions and various goods, everything led to believe that the money obtained for the ostentation of the leaders was a true ponzi scheme (pyramid).

We separated a story explaining Danilo Santana's life and how he changed from D9 CEO to a musical career.

D9 investment plan

The D9 Trader Clube de investors, worked with “investment” through sports betting, according to them legal. D9 offered its investors several plans. In all plans, investors were offered the right to an exclusive back office and an annual EAD access voucher.

There were 3 benefits for the investor according to the plan:

• Annual Trader software
• Advanced group monthly access voucher
• Bonus referring to the plan

The first plan option was called Trader START, which had two stars and cost U $ 50,00 (fifty dollars). This plan generated 85 points for the investor.

The second option was called Trader BRONZE which had three stars, which cost a total value of U $ 249,00 (two hundred and forty-nine dollars). It generated 185 points for the investor, earning 10% at tier 1 and 7% at tier 2 and 3.

The third option was called Trader SILVER, which had four stars and cost a total amount of U $ 499,00 (four hundred and ninety-nine dollars). It generated 340 points for the investor, earning 10% at level 1 and 7% at level 2 and 3, 4% at level 4.

The fourth option was called Trader GOLD, which had five stars and cost a total amount of U $ 1.996,00 (one thousand nine hundred and ninety-six dollars), and earned 10% at levels 1 and 7% at levels 2 and 3 and 6 % at levels 4 and 4% at levels 5 and 6.

The fifth and final package option was called Trader VIP, which cost U $ 5.000,00 (five thousand dollars). It would generate more than 340 points for investors, and 10% at level 1 and 7% at level 2 and 3. 6% at level 4 and 4% at levels 5 and 6.

For each investor package in the week, D9 Travel paid 15%, equivalent to 12 to 107 per week depending on each level of the affiliate.

Investors were called promoters, advisors and “investors” by D9 Trader. In addition, the company provided guidance on where investors should invest, how to publicize the packages that D9 Trader offered to attract new investors and provided guidance on how much more they indicated, the greater the bonus would be.

D9 trader Closed?

In 2017, D9 Trader collapsed, that is, whoever invested in the company ended up losing everything. In the same year, the company was exposed nationwide through Rede Globo in the Fantástico program. In the report, the scheme and the investigations of the regional coordinator of the civil police were disclosed, with the denunciation of the sports betting scheme in several countries.

Danilo Funjão Gouveia Santana used a pyramid system, and he was accused of several financial crimes. In addition, he is accused of keeping all the money in Dubai in the United Arab Emirates, the city where he currently lives.

The justice of his old city, Natal, blocked the assets linked to the company, something around 25 million in assets, but most of the money was already in Dubai.

Is D9 Trader's club reliable?

If you are wondering if the D9 trader is reliable? The answer is no, as it is nothing more than a pyramid scheme set up to deceive people, in which scammers use various means to attract individuals through a "promise" to earn a lot of money.

The company's lawsuits are still in progress, many of those who invested are looking for ways to get their money back.

If you still have any doubts as to whether D9 Trader is really reliable, see below some testimonials from customers who have been duped by D9 Trader. The testimonials were taken from the Reclame Aqui page:

• When I entered D9 Trader I made a loan, as a result I was deceived.
• To join D9 Trader, I took out a loan of 30 and had no return on my money.
• I put in the account of D9 Trader an approximate amount of R $ 6.500,00 reais, as promised I received the amount only until the 2nd month, after that, I was deceived.
• I invested a total amount in the D9 Trader of R $ 14 thousand reais, so far I have not had a return, in addition to all the contacts I had disappeared.
• I made the purchase of 2 packages of D9 by BTC and did not receive anything.
• I never received the investments I made in D9 Trader if it weren't for the other site, I would be lost.
• After investing R $ 13 thousand reais I did not receive anything I am waiting for my bitcoins until today.
• I made a high investment of 30 thousand reais in D9 Trader, I never received what was promised.

Final considerations

As you can see, these are the recent testimonials about the company D9 Trader, which proves that she deceived her clients, responding in Brazil for the crimes of fraud, financial pyramid and crime against the economy.

Currently, the former CEO, Danilo Santana, is in Dubai following his musical career and lives as if nothing has happened in Brazil and said that he did not make investments but sold courses to his clients. Therefore, with all this information it is possible to say that the D9 Trader it is a financial pyramid.