Crowd1 initiates Digital Partners Network shares dump
Back in June BehindMLM reported on Crowd1’s planned UK shell company share dump. It’s taken four months, but Crowd1 has finally initiated what might be an exit-scam.
Back in June BehindMLM reported on Crowd1’s planned UK shell company share dump. It’s taken four months, but Crowd1 has finally initiated what might be an exit-scam.
A Ponzi scheme is a zero-sum equation. That is, minor revenue generation aside, it cannot pay out more than is invested. Once you factor in how much the owner wants to keep and other expenses, what’s left to pay out is reduced even further. Crowd1’s latest solution to this problem is the Bonus Security System.
Crowd1’s virtual shares scheme has come full-circle, with the Ponzi scheme now spruiking virtual shares in a UK shell company.
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.