Back in July the Turkish Customs and Trade Ministry launched an investigation into Kairos Technologies. The aim of the investigation was to establish whether or not Kairos Technologies was a pyramid scheme. As with most countries, the operation and promotion of pyramid schemes is illegal. In a press-release issued yesterday, the Customs and Trade Ministry announced [Continue reading…]
Articles under ‘Kairos Technologies’:
With arrests in Belarus and authorities investigating in Turkey, Lithuania, Hungary, Slovakia and Estonia, Kairos Technologies is having a hard time keeping its banking channels open. A few days ago the company announced plans to set up a new shell company to continue scamming people through. Since last November Kairos Technologies has been using ESA [Continue reading…]
The last few months haven’t been good for Kairos Technologies. Back in September thirty odd leaders of the Ponzi scheme were arrested in Belarus. In November Kairos Technologies had to suspend affiliate withdrawals, following the launch of a criminal investigation in Hungary. Now the cash-strapped scam has announced plans to offer affiliates shares…
The September arrest of several ringleaders in Belarus appears to have caught up with Kairos Technologies, with news today that affiliate withdrawals have been suspended.
Following media reports detailing raids and arrests on top Kairos Technologies investors in Belarus, the country’s State Control Committee has issued a statement confirming the news.
According to news reports out of Belarus, thirty local Kairos Technologies leaders were arrested yesterday.
One of the tactics Ponzi schemes use to promote themselves is “legitimacy by association”. Legitimacy by association typically sees a Ponzi scheme align itself with a reputable brand. The company and its affiliates then pose the question: “If we were a scam, why would company xxx partner with us?” Kairos Technologies has claimed it has [Continue reading…]
Over the past month or so Kairos Technologies has been coming up with excuse after excuse regarding non-payment to affiliates. In addition to “technical problems”, “hackers” and “malicious users”, Kairos Planet also lost ePayments as a payment processor last month. ePayments were promptly replaced by Paysera, a small Lithuanian payment processor. Over the last 24 [Continue reading…]
Looks like someone over at Kairos Technologies recently acquired The Book of Ponzi Excuses 101. Over the last few weeks Kairos Technologies has had trouble paying affiliates. In addition to affiliate accounts randomly not working, last week the Kairos Technologies backoffice went offline. The company also lost ePayments as a processor, which it replaced with Paysera, a [Continue reading…]
Hot on the heels of a Turkish regulatory investigation and warning issued by Lithuania, now news that Kairos Technologies is under investigation in Estonia.