BG Wealth Sharing & promoters fined $50,000 in Hawaii
BG Wealth Sharing has received a securities fraud cease and desist from Hawaii’s Department of Commerce and Consumer Affairs (DCAA), Business Registration Division.
The cease and desist order, signed by the Commissioner of Securities on May 6th, names BG Wealth Sharing LTD, Cranci Ilima Luci Hoopai and Ligaya Joy Arcenas as respondents.
Pursuant to Hawaii state securities law;
State securities laws require securities to be registered with the state. The Order alleges that Respondents BG Wealth Sharing LTD, Hoopai, and Arcenas (collectively, the “Respondents”) solicited and offered unregistered securities to Hawai’i residents in BG Wealth Sharing LTD, utilizing a cryptocurrency platform.
The Respondents have held presentations throughout the state to solicit investments in BG Wealth Sharing LTD.
The preliminary order, which can be contested, seeks an administrative fine of $50,000 against each of the respondents ($150,000 total).
How long BG Wealth Sharing, Hoopai and Arcenas have to contest the preliminary order isn’t specified. Typically however, respondents of securities fraud orders are given 30 days to file a response (June 5th).
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.
DSJ Exchange (DSJEX) is a fake trading platform attached to the scam.
The original iteration of BG Wealth Sharing collapsed in late April 2026. Pending further action from authorities, BG Wealth Sharing investors, most of whom are victims who lost money, are now trapped between a “fake taxes” exit-scam and attempted reboot.
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.
The BG Wealth Sharing Ponzi reboot is being coordinated over Telegram and operates from the subdomain “bgwsltdxx.dgy.one”. The root “dgy.one” domain was privately registered on April 30th, 2026.
“Dgy.one” was registered through Dynadot and utilizes DDOS protection from Ultra.cc. Neither company has yet taken action against the scam.
On April 23rd US authorities revealed wire fraud criminal charges against two BG Wealth Sharing admins; Huang Xingshan and Jiang Wen Jie.
The pair are part of a Chinese criminal gang running BG Wealth Sharing from Cambodia.
Sometime between November 2025 and April 2026, Xingshan and Jie were arrested on immigration fraud charges in Thailand. It is unclear whether Xingshan and Jie will be extradited to the US, failing which they remain wanted fugitives.
Outside of Hawaii, BG Wealth Sharing fraud warnings have been issued by Nauru, Samoa (second fraud warning), Washington, Australia, Tonga, the UK, New Zealand, the Philippines, Utah, Saskatchewan and the Bahamas.
Update 8th May 2026 – A May 8th Hawaii News Now report details how BG Wealth Sharing is being promoted across the state.
If anyone has photos or footage of Cranci Ilima Luci Hoopai and Ligaya Joy Arcenas in action that’d be appreciated. I did find a Cranci Hoopai from Hawaii on FB but not sure if she’s the BG Wealth Sharing scammer.
Hello Oz! Here is a video from a news channel in Hawaii reporting on BG Wealth Sharing. It shows Arcenas in the report and mentions Hoopai by name: youtu.be/adV-ZM5k84w?si=8G5gn9npjpVlocTh
BG Wealth is clearly a scam, no doubt. However I question the pictures aboven showing the chinese guys and the article included ” wire fraud criminal charges against two BG Wealth Sharing admins”. In there, there is no mention anywhere about BG Wealth specifically. Neither the pictures mentions anything about BG wealth.
Also the domain name seized, when entered into the way back machine, revals it was most likeley not even owned by these scumbags as the content when it was live is completely irrelevant. It had nothing to do with BG wealth.
Thanks and great job guys
You’re the second person to bring up the same two talking points. I take it this is doing the rounds in the BG Wealth Sharing kumbaya groups?
See here: https://behindmlm.com/mlm/regulation/fbi-seizes-bg-wealth-sharings-original-website-domain/#comment-497492
@Eletise
Thanks for that. Added a link to the video in the article and a cap of Arcenas.
Sorry about that buddy, I am the same person, but I thought my previous message was not published as my gmail was full and did not get the confirmation message. So I tried again, with a different email.
And yes, I read the answer but I wonder if anybody can answer about the article and the 2 chinese guys, there is simply no mention of BG related to those 2 sources. Thanks
I did answer that. There’s no mention of BG Wealth Sharing because BG Wealth Sharing is just another cookie-cutter scam. It’s not unique, it’s part of a scam factory formula that has been churning out these scams for nearly five years.
These criminal charges aren’t your typical one company case, there’s literally been thousands of these stupid things preying on the dumbest people on the planet since 2021.
So we are assuming BG is part of that gang because it is basically the same stuff, copy-paste formula they all do? It would not be a “new kid” on the block scamming from the mums basement, based on the “cookie-cutter” model right?
We’re not assuming. Read the comment please.
This is the same Chinese group of criminals. The date of the seizure and unsealing of the criminal charges was literally the same day. BG Wealth Sharing collapsed a few days later.
It wasn’t just the known BG Wealth Sharing’s domain, they seized over 500 domains. BG Wealth Sharing alone probably burned through 500 domains over the past year. Might have been a few more in the list but without the list we don’t know.
I get it, missed that detail. Unfortunately these f***** will keep on churning out apps and scam websites, geez..
According to the video Ligaya Joy Arcenas is on-record saying $500 will get you a million dollars in 11 months.
The lies these people will say to steal money is just out there. A statement like that isn’t just stupid, it’s CRIMINAL. Even Bernie Madoff wouldn’t make promises like that.
She and other scammers like her need to be jailed ASAP! It’s funny to hear stupid statements like this, but this is also very serious since so much damage has been done.