Crowd1 @ BehindMLM

Mauritius’ Financial Service Commission has issued a securities fraud warning against Crowd1.

Crowd1 affiliate investors have been given a glimpse of how the company plans to respond to regulatory action. By throwing them under the bus and abandoning them.

The Philippine SEC has issued a securities fraud warning against Crowd1.

Crowd1 is reportedly behind in payments across Sweden by a few months. Recruitment commissions are purportedly still being paid out in bitcoin, but promised returns are MIA.

Following Premier Bet’s clarification that they have nothing to do with the company, Crowd1 has ditched it’s gambling revenue ruse. The company now claims to be an generating revenue via app sales. Oh and of course withdrawals have stopped too. Ruhroh!

The Comision Nacional de Valores has issued a Crowd1 securities fraud warning for Paraguay.

Crowd1’s gambling ruse might be coming undone, following confirmation one claimed gambling partner is in fact not a partner.

As recruitment across South Africa slows down, the Crowd1 Ponzi scheme will inevitably spread across African borders. Neighboring Namibia is having none of it, opting to instead ban Crowd1

The Norwegian Lottery Authority has revealed it has an active investigation into Crowd1.

Crowd1 provides no information on their website about who owns or runs the business. Crowd1’s website domain (“crowd1.com”) was first registered back in 2007. The domain registration was last updated in October 2018. Stelios Piskopianos of Crowd1 Network Europe Ltd is listed as the owner, through an address in Cyprus. Cyprus is a scam-friendly jurisdiction [Continue reading…]