The BG Wealth Sharing “click a button” Ponzi scheme has collapsed. Withdrawals have been disabled.

In an attempt to steal more money from victims, BG Wealth Sharing has rolled out a “fake taxes” exit-scam.

BG Wealth Sharing disabled withdrawals with some investors additionally reporting they’d been locked out of their accounts.

This was followed up by an “fake taxes” exit-scam update from “Stephen Beard”, BG Wealth Sharing’s purported CEO.

Beard doesn’t exist and is a suspected AI face filter creation (an actor with a bad UK accent).

As per the text version of BG Wealth Sharing’s “fake taxes” exit-scam;

All users are required to complete tax repayments and account standardization within the specified deadline.

“Stephen Beard” also appeared in a new video to read a broken English “IPO” nonsense script;

We are currently at a critical juncture in DSJEX IPO process, which directly impacts the subsequent use and fund security of every member’s account first.

First I want to confirm a key piece of information. So DSJEX right now has officially entered the crucial stage of IPO preparation and has introduced a relevant audition [sic] department to conduct a systematic review for the entire platform.

So this review is not just a simple procedure but a very rigorous audit mechanism.

So [we] are focusing on three core areas. First is the accuracy of the financial statements. Second, the clarity of fund flows. And the third one, whether all account data complies with capital markets standard compliance.

In other words, DSJEX has now officially moved from internal development phase to phase of being reviewed and verified.

So however, a very critical issue has risen during the audit process. The auditing department discovered irregularities in the use of some accounts, particularly the practice of one person holding multiple accounts. That’s unfortunate of course.

So this not only affects the accuracy of the data but also involved unclear account ownership and bigger tax responsibilities, of course.

More seriously, according to current statistics, this situation accounts for over 70% of cases and is distributed across various teams.

What does this mean? This means the overall compliance of the platform data has been affected.

So for this reason the review process has been temporarily suspended. The review department has clearly stated that comprehensive restrictions must be implemented before the IPO review can proceed.

And therefore everyone must understand that this is not an individuals [sic] problem but the problem that the entire system must face and solve together.

Next I will discuss the most crucial point, right? The identification requirements.

So currently the review department has given clear restrictions. All users must complete account compliance, processing a tax payment within five days.

There is no BG Wealth Sharing or DSJEX IPO. There is no “review process”. There are no audits. There is no such thing as “capital markets standard compliance”. There are no outstanding tax payments.

The “fake taxes” fee deadline is May 6th and BG Wealth Sharing is demanding a 12% payment. Note that this is a typical exit-scam for Chinese “click a button” Ponzi schemes.

Paying BG Wealth Sharing’s fake taxes fee will not release invested funds. Whatever you invested into BG Wealth Sharing is gone.

Identical exit-scams were rolled out following the collapse of Orange Cat Energy and VCCP.

What typically happens is once the most gullible of BG Wealth Sharing’s investors are further milked (this typically takes less than 48 hours), BG Wealth Sharing’s admins stop responding.

Reload Ponzi schemes are common, and are extremely likely given the number of people BG Wealth Sharing scammed.

BG Wealth Sharing was 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.

DSJ Exchange (DSJEX) was a fake trading platform attached to the scam. BG Wealth Sharing investors were fed fake trading signals from DSJEX.

Outside of Nauru, BG Wealth Sharing fraud warnings have been issued by Samoa (second fraud warning), Washington, Australia, Tonga, the UK, New Zealand, the Philippines, Utah, Saskatchewan the Bahamas and Nauru.

While BG Wealth Sharing investors can’t do anything about Chinese scammers hiding in Asia, they can report local recruiters to authorities and regulators.

I’ll leave an update note below to confirm BG Wealth Sharing’s “fake taxes” exit-scam is over.

 

Update 4th May 2026 – BG Wealth Sharing has pulled the plug on its “fake taxes” exit-scam less than 24 hours after it launched.

The cited Stephen Beard video in this article has been marked private on YouTube. This article originally contained a link to the video, which has now been disabled.

After its “fake taxes” exit-scam failed, BG Wealth Sharing has now trotted out a “we got hacked!” exit-scam:

Needless to say there are no hackers.

The Chinese scammers running BG Wealth Sharing will continue to string investors along with random baloney for as long as they can.

Ponzi scammers run exit-scams like these to stall for time. Victims being strung along reduces complaints to regulatory authorities. And the longer scammers can stall, the more time they have to cover their tracks.

A reminder that funds invested into BG Wealth Sharing should be assumed lost. Ponzi scammers don’t steal a bunch of money from gullible investors just to willingly give it back, there is no recovery.

 

Update 4th May 2026 – The FBI has seized BG Wealth Sharing’s original website domain. Criminal charges have also been filed against two arrested Chinese suspects.

 

Update 6th May 2026 – One BG Wealth Sharing reboot is being promoted on the subdomain “bgwsltdxx.dgy.one”. The root “dgy.one” domain was privately registered on April 30th, 2026.

The latest May 6th  baloney being fed to BG Wealth Sharing investors coincides with the “dgy.one” reboot;

Due to a serious merchant security incident of DSJ Platform, the DSJ has officially terminated all cooperation with the said merchant out of a high degree of responsibility for the safety of members’ funds and the stability of future development.

We understand that some members have suffered varying degrees of financial losses on the DSJ Platform. We will not evade or shirk responsibility for this.

Please rest assured that the money you lost in DSJ will be led to you to earn it back through the newly BG Wealth Sharing LTD. project.

The updates BG Wealth Sharing sends out to victims changes daily. This is from May 5th;

In light of the recent spread of online rumors and false information, the relevant review department has launched an investigation into the DSJEX platform.

The investigation revealed that some hackers have engaged in irregular activities, including abnormal account activity, illegal arbitrage, and putting tax issues, affecting the DSJEX platform’s compliance review process.

I can’t stress this strongly enough: The updates above are absolute bullshit.

While obviously targeting BG Wealth Sharing investors, I don’t believe the “dgy.one” domain reboot is being run by the same Chinese scammers.

The “dgy.one” reboot appears to be a website without an app component. This is not in line with the “click a button” app Ponzi formula.

Also AI-generated images used to market the scam feature “BCG Wealth Sharing”:

The website source-code differs from “click a button” app Ponzis. Together, this is indicative of another group of opportunistic scammers hastily putting together a website.

Or the “dgy.one” reboot could be also run by the usual Chinese scammers. Who knows, it doesn’t really matter.

Funds invested into BG Wealth Sharing and any reboots should be assumed lost.

 

Update 7th May 2026 – BG Wealth Sharing has extended its “fake taxes” exit-scam deadline to May 9th, 2026.

 

Update 8th May 2026 – Recovery scam networks are in full swing with BG Wealth Sharing clone websites. Some known domains are:

  • 4b7g.lat – privately registered May 7th, 2026
  • bgwealth.sbs (already flagged for fraud) – privately registered May 5th, 2026
  • 777globalds.top (already disabled) – privately registered May 7th, 2026

Note the above list isn’t exhaustive. If this deteriorates into another “dozens of new domains every day because they are shut down within 24 hours” debacle I’ll probably stop updating.

 

Update 10th May 2026 – The “4b7g.lat” domain has already been disabled. It appears to have been replaced with “bgwealthltd.5624.eu”, registered on an unknown date (assumed to be within the last week).

The “5624.eu” domain has also been put behind Ultra.cc. For now Ultra.cc seems fine servicing these scams.

 

Update 14th May 2026 – BG Wealth Sharing is now demanding a $1000 withdrawal fee.

 

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.