The already collapsed BG Wealth Sharing Ponzi scheme has announced a new $1000 withdrawal fee.

BG Wealth Sharing’s new fee follows dwindling of its investor-base to single-digit IQ investors, through a 12% “fake taxes” exit-scam.

As announced on social media earlier today, the ruse this time around is “building an entirely new withdrawal system”.

From Professor:

What many people may not realize is that building an entirely new withdrawal system is far from simple.

System deployment, technical security, financial verification, and international payment integration all require significant manpower, time, and financial resources.

Because of this, DSJEX has proposed that each account contribute a minimum of 1,000 USD as a security deposit and infrastructure fee to help relaunch the new withdrawal system.

Obviously BG Wealth Sharing doesn’t need a new withdrawal system. And obviously anyone who sends in another $1000 is just contributing to higher losses.

“Professor” in the message above refers to Stephen Beard, BG Wealth Sharing’s fictional CEO:

DSJEX is a fake crypto trading platform attached to BG Wealth Sharing. DSJEX is now fronted by a newly found actor going by “Joseph Smith”:

Both Beard and Smith are believed to be AI modelled on and/or played by European expats in Thailand.

BG Wealth Sharing is an MLM “click a button” app Ponzi run by Chinese scammers. BehindMLM has documented hundreds of the scams since they first emerged back in 2021.

The original iteration of BG Wealth Sharing collapsed in late April 2026. The BG Wealth Sharing “fake taxes” exit-scam has seen scammers running the Ponzi demand a 12% recovery fee.

Outside of a few suspect withdrawal claims on social media, investors who the pay add to existing losses.

BG Wealth Sharing’s “fake taxes” exit-scam was originally supposed to end on May 7th. On May 6th, the deadline was extended to May 9th.

Since its collapse over $41 million has been seized from BG Wealth Sharing scammers. Following two arrests in Thailand, Chinese scammers continue to run BG Wealth Sharing from a compound in Cambodia.

BG Wealth Sharing continues to rotate through new domains on a daily basis. Pending their disabling due to fraud too, currently active BG Wealth Sharing domains are:

  1. pll217.icu – privately registered on April 29th, 2026
  2. bgwealthltd.5624.eu – registered on an unknown date

 

Update 20th May 2026 – The “bgwealth.5624.eu” domain has been disabled. That particular BG Wealth Sharing reboot Ponzi has shifted to “bgwealthltd.7324.app”.

That domain is behind CloudFlare and will likely be disabled shortly too.