Nano Club reported to police in Sweden
Following an internal investigation, the Swedish Gaming Board has concluded that Nano Club is most likely a scam.
On December 1st the Gaming Board reported Nano Club (Octanium Ltd) to police for breaches of the Lottery Act, with respect to the organization of a chain letter game (pyramid scheme).
The Gaming Board believes that Nano Club’s operation is based on recruiting new participants to increase a participants’ profit.
The overall assessment of the business is that there are reasons to believe that Nano Club is a chain letter game or similar.