DANNY DE HEKThey call it “an Australian company.” They throw around words like “artificial intelligence,” “data-driven,” and “trading algorithms.”

They talk about offices in Brisbane and executive teams with decades of experience. But after peeling back every layer, downloading every document, attending every pitch, and scraping every last scrap of info off the web, one thing becomes undeniable:

Beonbit is a Ponzi scheme

My name is Danny de Hek, also known as The Crypto Ponzi Scheme Avenger. I run a channel dedicated to exposing the scammers and promoters behind the fake opportunities siphoning money from everyday people. And Beonbit? It ticks every red flag in the book—and then invents a few more.

Let’s start with the basics. Beonbit claims to be a cutting-edge, AI-powered crypto investment platform officially registered in Australia. Sure, it’s got a company number (673700813) and a clean-looking certificate of incorporation. But so do thousands of other scam operations. Registering a business with ASIC doesn’t make it real. It just means someone paid a fee.

The ‘Boris CEO’ Scam in Action

Beonbit parades around a fictional CEO named Richard Bates, who doesn’t exist outside of their own marketing videos. He’s a rented actor with a dodgy Eastern European accent, staged in a fake office walkthrough meant to convince viewers he’s running a legitimate operation. It’s a classic “Boris CEO” maneuver—commonly used by Russian and Ukrainian scammers to give their schemes a polished Western veneer.

In fact, Beonbit operated faceless until December 2024. That’s when the fake team was rolled out, complete with video scripts and actor bios to give the illusion of credibility. If you’re new to Ponzi-spotting, this is your first major red flag: a company that hides the real people behind the curtain.

Red Flags You Can’t Ignore

  1. No real products or services – Beonbit offers zero retail products. The only thing they sell is affiliate membership.
  2. Promised daily returns – Anywhere from 1% to 5.6% daily ROI depending on your deposit size. This is not investing; it’s pure fantasy.
  3. 15-tier compensation pyramid – Their “leadership program” is just MLM on steroids, rewarding people purely for bringing in new money.
  4. Locked capital – Some plans lock your deposit until the term ends. You can’t withdraw if something smells fishy. (And it does.)
  5. No verified trading activity – Despite claiming to use AI for crypto trades, they’ve never shown proof of a single real trade.
  6. Self-generated financial reports – Full of meaningless blockchain hashes and charts, but no independent audits.
  7. ASIC registration used as a prop – No AFSL license. No AUSTRAC confirmation. No AFCA membership. Just a hollow registration.
  8. No customer support access – We personally attempted to contact the phone number listed on their website during business hours—no answer. Live chat support? Also a dead end. For a so-called international investment company, they’re completely unreachable.
  9. Legitimacy by association – through the App Store – Beonbit has managed to get an official app listed in the Apple App Store (App ID: 6505112970). This is the third scam operation we’ve seen that has successfully passed Apple’s app approval process. The app gives the illusion of legitimacy, but make no mistake—it’s just another tactic to lure victims with a slick interface and no real regulatory oversight.

Trustpilot Reviews Tell the Real Story

Sure, you’ll find a few glowing five-star reviews from overly enthusiastic affiliates. But scroll down a bit and the truth starts to leak out:

  • Users reporting withdrawals being frozen
  • Accusations of fake support teams and unverified leadership
  • People comparing Beonbit to past rug-pulls like Treasure NFT and Hahm
  • Concerns about fake Telegram admins, no Instagram presence, and no legal structure

One reviewer nailed it: “If I can make 20 USDT for someone else, why can’t I just do it for myself?” Exactly.

Enter Mai Summer Vue – The Serial Zoom Promoter

If you’ve watched any Beonbit promotional content, chances are you’ve come across Mai Summer Vue. Her YouTube channel, Basic Crypto Education, is a nonstop parade of misleading Zoom meetings, mindset fluff, and fake walkthroughs. Here are just a few of her recent livestream titles:

  • BEONBIT-WEBSITE WALK THROUGH
  • BEONBIT-MOVING USDC TO COINBASE TRAINING
  • BEONBIT-STRATEGIES
  • BEONBIT-MINDSET TRAINING
  • BEONBIT CEO MEETING WITH GLOBAL LEADER SUMMER AND TEAM

She speaks with conviction, but make no mistake—Mai is promoting a Ponzi scheme. Whether she knows it or not (and at this point, she has no excuse), she is actively luring victims into a scam that will collapse, just like every other MLM crypto fraud before it.

The Big Question: Why Would Anyone Promote This?

Simple. Money.

Beonbit pays out commissions—up to 47%—just for bringing in new deposits. There’s no product. No innovation. No real investment happening. So the only way to make money is to get in early, climb the pyramid, and get out before it all burns down.

It’s not ignorance anymore. Anyone still promoting Beonbit after reading the documents, seeing the fake CEO, reviewing the Trustpilot complaints, and browsing the website’s smoke-and-mirrors AI claims is complicit.

A Closer Look at the Pitch Deck and Guaranteed Daily Returns

The Beonbit pitch deck is a professionally designed PDF filled with smoke and mirrors. It talks about AI-driven crypto trading, blockchain transparency, and financial freedom, but every slide is engineered to lure in the gullible and hide the truth.

The key focus of the presentation is on the investment “tariff plans,” which guarantee absurd daily profits based on how much you invest:

  • Basic Plan: 1–1.5% daily for 15 working days
  • Advanced Plan: 1.5–2% daily for 25 working days
  • Premium Plan: 2–2.5% daily for 50 working days
  • Expert Plan: 2.5–3% daily for 75 working days
  • Master Plan: 3–4.5% daily for 90 working days
  • Professional Plan: 4.5–5.6% daily for 150 working days

Let’s be clear: These are guaranteed returns, not estimates. Beonbit doesn’t say “up to”—they promote these payouts as a done deal.

And that’s your smoking gun. In any real-world investment, especially in volatile markets like crypto, no one can guarantee fixed daily profits—not without running a Ponzi. The only way these returns are possible is by using new investor money to pay off earlier investors.

And if you think that’s sustainable, you haven’t watched enough of these schemes implode.

We Gave Beonbit the Right to Reply – They Stayed Silent

In the interest of fairness and transparency, we contacted Beonbit directly via the phone number listed on their website and through their live chat function. Neither channel provided a response. We also sent a formal email offering them the opportunity to respond on record to the many concerns raised in this report—including an invitation to speak on camera and clarify their business model.

As of publication, Beonbit has not responded.

This silence speaks volumes. A legitimate company would jump at the chance to defend its reputation. A scam stays quiet and hopes no one asks questions.

My Mission: Expose the Rot Before It Spreads

Beonbit is a scam. That’s not up for debate. The evidence is overwhelming. My job is to shine the light on this operation before more people lose their retirement funds, their savings, or their kids’ inheritance.

If you’re reading this and you’re thinking of joining—don’t.

If you’re promoting this and think no one will call you out—think again.

I’m Danny de Hek, The Crypto Ponzi Scheme Avenger, and I’ll keep naming, shaming, and exposing the parasites behind these scams until every last one of them is held accountable.