Crowd1 corporate raid and arrests in Sweden
Swedish authorities raided Crowd1’s corporate offices last November.
The previously unreported news was disclosed in a recent episode of Svenska Dagbladet’s paywalled Blenda podcast.
As reported Expressen on March 28th, citing Svenska Dagbladet’s podcast;
Last autumn, the police raided the company’s office in Stockholm, reveals Svenska Dagbladet’s podcast “The IT icon and pyramid money”.
The police seized computers and documents – and arrested three people connected to the company.
They were released after two days, but are suspected of serious economic money laundering, a crime that can lead to up to six years in prison.
Chamber prosecutor Carl Asterius at the Ecocrime Authority explains in the podcast that the criminal classification economic money laundering can be relevant when it is suspected that it is “criminally obtained money”.
And that the suspicion in this case is that it is an illegal pyramid scheme.
SvD Naringsliv, the news, finance and business division of Svenska Dagbladet, published an English report accompanying their Swedish language podcast;
”We had a number of patrols in different locations. Police officers went in and did the raids. I was in the office coordinating the patrols on the ground”, says Swedish Economic Crime Authority investigator Lisa Claesson.
Around 6 AM police entered the Crowd1-offices, located at the flashy tech-hub Epicenter in central Stockholm. Documents, computers and other devices were seized.
Police also raided the homes of a few, key individuals tied to the organization. They were brought into custody for questioning and had to spend the night in jail.
The raid, which took place on November 21, 2022, was done as a part of Swedish law enforcement’s first ever investigation into Crowd1.
(Crowd1’s) Stockholm-office appears to be shutting down after the raid, and most of its employees have recently been laid off.
”They are moving everything to Dubai”, one source tells SvD. ”That is where all the money goes”, another source says.
To date I’m not aware of any official confirmation in writing of the Crowd1 Swedish police raids or arrests.
Sweden taking the lead on Crowd1 corporate raids and arrests is significant, owing to founder Jonas Werner being a Swedish national.
Prior to fleeing to Dubai as Crowd1 took off, Werner is believed to have been living in Spain.
After first showing signs of collapse in early 2020, Crowd1 kept the scam going by periodically changing its Ponzi ruse.
First it was virtual shares, then gambling, then apps, then supplements, then crypto gaming, then shares in a UK shell company and finally, the metaverse.
The latest ruse is some NFT garbage Crowd1 will launch later this year:
Crowd1 President Kenny Nordlund confirmed the Ponzi scheme had stopped paying out in May 2022. Other than the new NFT ruse, things have otherwise been pretty quiet.
Svenska Dagbladet managed to get former Crowd1 CEO Johan Stael von Holstein on as a guest.
Rather than acknowledge his role in promoting Crowd1 as an executive and defrauding consumers out of tons of money, von Holstein trotted out the “bUt I dIdN’t KnOw!” ruse.
(Von Holstein) now says that the real reason was that he was “fundamentally deceived”. That there was a power struggle within the company and that he was presented as CEO even though he was not.
I did not get the role, power and responsibility that I was promised. It created a lot of trouble within the organization, he says in the podcast.
He says he also began to doubt Jonas Werner’s intentions. He says that he himself wanted those who come in last to make money, so not just the first and the top layer as in pyramid schemes.
But Werner only wanted the company to grow, according to Staël von Holstein.
I was absolutely certain that I could get Jonas to do this right, to create millions of jobs for unemployed people, he says.
Von Holstein cashed out of Crowd1 and disappeared back in December 2020.
Von Holstein’s social media suggests he lives in Spain but has maintained ties to Dubai.
How deep the Swedish investigation into Crowd1 goes and whether other countries are involved remains unclear.
Jonas Werner recently visited Thailand to promote Crowd1 before running back to Dubai.
As the head of Crowd1, it’s assumed Werner is in the crosshairs of Swedish authorities. Whether the Swedish investigation will lead to an international arrest warrant remains to be seen.
Werner is believed to have thus far failed to disclose the Swedish raid or arrests to Crowd1 investors.
This video was uploaded four hours ago by the well-known serial scammer Udo Carsten Deppisch:
His channel UCD BIZ:
Hard core Crowd1 scammer EDDY KNOOP his promotion:
On minute 50 scammer UDO in Thailand And later scammer Jeanette Torres in Thailand.They all will sink with the Crowd1 management.
Crowd1, the only thing stupider than OneCoin.
remember they extradited Nigerian scammer ‘hush puppy’ from Dubai…
with the Swedish Financial Crime hunters on this NO ONE is Save in Dubai.
current Top leaders are all laundering their money in Dubai and avoiding Taxes in Sweden Spain and The Netherlands!
Onecoin only had 5 million members Crowd1 is 10X bigger.
get your pop-corn and watch this in slow motion crash
The counter on onelife.eu last showed a maximum of ~ 3.7 million members:
Thank you Melanie,
Than there will be no shortage of money and Tax claims from people or government agencies…
Current Thailand incentive leaders mostly are non English speaking Asians that will have no clue what will hit them…
Sebastian G also thought he was safe…
If Sweden is able to get Dubai to act on MLM related securities fraud, more power to them.
Till then, I’ve not seen Dubai lift a finger with respect to MLM related securities fraud. If anything, we keep seeing the ruling Sheiks pop up at events.
SVD published afew articles , based on the podcast.
and for you hoping that sweden will “act”, dont hold your breath.
i would say their effectivnes in dealing whit internationell ponzi/pyramid scams are around 0-0.1 on a 10-0 scale historicly….
(not behind paywall… at this moment atleast)
@Oz comment #7
their Ceo Johan Westerdahl lives in Sweden and is 100% liable for this mess, covering up consciousness all thing for Jonas and Kenny!
if they are smart they settle and deal with it now. In Jail they will meet a lot of unhappy Africans Russian and Latino members… who really want to bump into them to claim their ‘Owner Right’s.
probably it was very smart for Johan Stael von Holstein to come clean and forward at this moment of heat… and not paid commissions…
Is Westerdahl still in Sweden though?
If he wasn’t one of the three arrests the sentiment is that Crowd1 is keeping everything in Dubai going forward.