CryptoProgram’s Ed Zimbardi arrested in the Netherlands
Serial Ponzi scammer Edward Zimbardi (aka Ed Zimbardi), has been arrested in the Netherlands.
As first spotted by Brandon @ Ponzi Patrol, WSB-TV Atlanta reports Zimbardi “has been arrested and charged with money laundering overseas.”
Channel 2 consumer investigator Justin Gray has confirmed through law enforcement sources that Flowery Branch resident Ed Zimbardi was arrested in the Netherlands.
Multiple US law enforcement agencies and states are now in touch with each other and Dutch officials about an investigation into Zimbardi here.
Interestingly, Zimbardi’s arrest in the Netherlands follows criminal charges from Dutch authorities.
While Dutch authorities have formally charged Zimbardi, US authorities have not yet.
It’s unclear what ties Zimbardi has to the Netherlands, or whether the money laundering charges relate to Dutch banking channels specifically.
Zimbardi, a convicted felon, launched CryptoProgram in late 2022. The fraudulent investment scheme pitched consumers on a perpetual 25% monthly ROI.
Following regulatory fraud warnings from British Columbia and California, Zimbardi collapsed CryptoProgram and rebooted it as Amsys in July 2023.
Amsys was short-lived and collapsed a few months later in August.
While Amsys was floundering, two additional regulatory fraud warnings were issued by Alberta and Georgia (the US state).
At some point during all of this Zimbardi, a Georgia resident, fled the US for Europe.
In the US Zimbardi is confirmed to facing regulatory fraud charges from Georgia and at least one other US state.
Federal charges from the DOJ, SEC and CFTC are also likely. These would span money laundering, wire fraud, securities fraud and commodities fraud.
As noted by WSB-TV, details of any US investigations haven’t been made public. Neither has the Dutch investigation or related criminal charges.
We’ll keep an eye out for updates.
Update 8th March 2024 – Dutch media are reporting Zimbardi has been released.
Good news but it makes me immediately think why not one single Dutch citizen onecoin scammer, has been arrested so far.
We all know who we are talking about. Onecoin Dagcoin Success F. one followed the other with the same result a few cashing the rest losing their money.
@scambuster. Igor Alberts is in Mexico scamming the shit out of people with mavie global.
Because he was not arrested. If your source about this matter is Ponzi Patrol, then good luck.
Multiple sources have confirmed Zimbardi’s arrest, including US and Dutch authorities.
What’s living in lala land like?
There are three sources, none of which are me. The Georgia Secretary of State, the Dutch authorities, and a reporter in the Netherlands.
The reporter in the Netherlands attended Corina de Jong’s trial and Ed Zimbardi’s name was brought up as the suspected owner of the illegal broker called Mugan Markets. I have evidence that Ed completely controls this illegal broker.
Ed was ARRESTED for money laundering and providing illegal investment services in relation to Corina de Jong’s fraud and Mugan Markets.
Oz and I just gave you our sources. Who are yours? Ed Zimbardi? A career conman who has stolen around $70,000,000 in the last 4 years? Wake up lol.