Crown Global has received a securities fraud warning from the Ontario Securities Commission (OSC).

As per the OSC’s March 24th warning;

Crown Global Limited … is not registered in Ontario to engage in the business of trading in securities.

Trading in securities without registering with OSC constitutes securities fraud.

Crown Global is a reboot of the collapsed Crypto Crown Ponzi scheme.

Crown Global solicits $27,500 investments on the promise of 18.5% a month for the first six months, and then 22.5% a month over another six months.

SimilarWeb tracked an increase in Crown Global traffic between November (36,200) and December (57,800), but overall recruitment outside of the UK appears to have collapsed.

As of December 2022, traffic to Crypto Crown’s website originated from the US (30%, down 20% month on month), the UK (21%, up 45% month on month), Spain (16%, down 15% month on month) and France (15%, down 31% month on month).

Crypto Crown was tied to Canada through Crypto Crown Inc., a Canadian shell company registered through a UPS address.

Following Crypto Crown’s collapse, Crypto Crown Inc. was dissolved in October 2022. A search for Crown Global turned up no results.

Whether Crown Global is actually being run out of Canada remains unclear. In any event, Canadian regulators have taken notice of the rebooted Ponzi scheme.

In addition to OSC, the Alberta Securities Commission added Crown Global to its Investment Caution List in February 2023.