Crowd1’s virtual shares scheme has come full-circle, with the Ponzi scheme now spruiking virtual shares in a UK shell company.
Crowd1 @ BehindMLM
Crowd1’s latest ploy to extract more money from its affiliates is … a crypto mobile app Ponzi scheme. How very… 2015? To hear founder Jonas Werner pitch Planet IX though, Crowd1 just invented sliced bread.
Peru’s Superintendency of Banking, Insurance and Private Pension Fund Administrators (SBS), has issued a warning against several MLM companies operating illegally in the country.
Crowd1 CEO Johan Stael von Holstein has abandoned Crowd1 and its investors. The abrupt announcement was made earlier today, via a press-release issued by Mattias Tönnheim
The Czech National Bank has issued a securities fraud warning against Crowd1.
The Central Bank of Hungary (MNB) has added Crowd1 to its list of banned companies.
The National Bank of Slovakia (NBS) has issued a securities fraud warning against Crowd1. The NBS operates as is Slovakia’s top financial regulator.
Crowd1 affiliates in the Philippines are attempting to align the Ponzi scheme with the Philippine National Police Force.
BBC Africa Eye has premiered a documentary exposing Crowd1 as a pyramid cum failed Ponzi scheme. Aware of the BBC’s upcoming documentary, Crowd1 executives have issued a non-response response video of their own.
Crowd1’s appeal to the Philippine SEC has been denied. Effective immediately, Crowd1 is permanently banned in the Philippines.