Crowdfunding International’s business model is simple:

You buy in for 200 EUR and then, through a series of matrix cycler tiers, steal money from affiliates who buy in after you.

Naturally when recruitment of new affiliates slows down, the scheme collapses.

Rather than simply acknowledge that happened, Crowdfunding International published a “letter from our lawyer” on August 30th.

In the letter, the attorney Johan Vissers claims the Dutch government has seized an undisclosed amount of funds.

The thrust of Vissers’ letter, addressed to Crowdfunding International management, is to convince victims their funds haven’t disappeared.

In the letter Vissers claims the Dutch government

thought it was likely (Crowdfunding International) included a pyramid scheme.

The Dutch Government has … seized the third party money, is holding it and refusing to release it.

Simultaneously Vissers claims there has been “no formal procedure” or “conviction” against Crowdfunding International.

Vissers also doesn’t name any government official or agency, nor does he state how he came to know any of what he claims.

So we have an unsourced letter from an attorney making a bunch of claims, which can’t be verified because officially there’s no Dutch investigation into Crowdfunding International.

Riiiiiiiiiiiight.

After Crowdfunding International collapsed earlier this year, those in the Netherlands running it rebooted as Community Collect.

Same matrix gifting cycler model, only difference being Community Collect is run as a Spanish shell company.

In his letter, Vissers acknowledge the reboot and states it was done for “economic and legal reasons”.

So why now? Why publish an attorney letter in an attempt to explain away Crowdfunding International losses with unverified information?

Weeeeeeeeeeeeeell… as typically happens with reboot scams, Community Collect isn’t doing so well.

In both Crowdfunding International and Community Collect, most of the deposited money is withdrawn by the admins via their preloaded positions.

Victims are inevitable and so we have “attorney letters” trying to explain away the obvious:

Once recruitment in a gifting cycler dies it’s over.

In that sense Vissers’ letter serves no other purpose than to direct victim anger from Crowdfunding International’s owners to the “Dutch Government”.

Thing is, there’s no “money to seize”. A cycler is money in, money out.

Any funds trapped in the system are held in bank accounts under the control of the admins. That money could have been seized, but victims were never going to see it anyway.

When a cycler collapses, the admin(s) keep funds trapped in the system.

As Community Collect heads toward collapse, no doubt we’ll soon be hearing about the “Spanish Government” seizing funds too.