Dagcoin scammers Nils Grossberg & Kristijan Ress released
Dagcoin scammers Nils Grossberg and Kristijan Ress have reportedly been released by Estonian authorities.
The pair, who ran the Dagcoin Ponzi scheme from Estonia, were arrested with two accomplices last October.
Grossberg and Ress were denied bail and remanded to custody for two months.
That order expired in mid to late December, prompting their release.
As reported by Dutch publication FD (paywalled);
The Public Prosecution Service of Estonia has confirmed … that two of the four suspects in total were released in December.
The reason (for the release) is that there are no longer valid grounds to extend their pre-trial detention by a maximum of two months.
“The fact that they have been released does not in any way absolve them from suspicion,” a spokesperson emphasized.
Estonian authorities have pegged Dagcoin losses at around $8 million. The investigation is ongoing and the final amount in losses is expected to be much higher.
Dagcoin was marketed through Success Factory, a Netherlands entity headed up by former OneCoin scammer Igor Alberts.
Following Dagcoin’s collapse in late 2021, Alberts began disassociating himself from the scam. This was a repeat of Alberts’ OneCoin exit-scam.
Coinciding with the Estonian arrests, FIOD raided Success Factory’s offices in the Netherlands. As of yet though no criminal charges have been laid.
During the raid in Amsterdam, FIOD were looking for physical and digital evidence of investment fraud, the OM in Estonia confirmed.
Further explanation about how exactly the Dutch authorities are involved in the investigation cannot be given, said the spokesman. The Public Prosecutor’s Office cannot comment on the matter.
To date, no Dutch nationals have been identified as suspects.
Estonian authorities have confirmed that “‘appropriate action’ will be taken if analysis of evidence shows that more people are involved in possible criminal activities.”
Grossberg and Rees have reportedly been released “without restrictions”, provided they “cooperate with requests from police”.
This suggests Grossberg and Rees are free to flee Estonia at any time.
Success Factory are planning to hold a “5th anniversary” event in Dubai on 24th February.
FD attempted to reach out to Netherlands based Success Factory COO Cornelius Engelhardt (right).
Engelhardt, operational director of Success Factory in Amsterdam, abruptly cut off the telephone connection when the FD did get (him) on the phone.
Engelhardt said very curtly that he was ‘not interested’ in an interview.
At time of publication Success Factory’s website provides contact details for a shell company incorporated in Delaware.
Between October and November 2022, traffic to Success Factory’s website was on the rise. SimilarWeb tracked top sources of traffic as Saudi Arabia (49%), Mexico (9%) and Russia (6%).
Traffic from Estonia plummeted to just 3%, down 77% month on month.
Following a hyped launch in early 2022, Success Factory had hoped to scam US victims. That doesn’t appear to have panned out.
Can you clarify why you say “The pair, who ran the Dagcoin Ponzi scheme for Estonia”. Why would they run it for the country of Estonia. That implies it was state backed? Doesn’t make sense.
Thanks for catching that. Supposed to say “from”. Fixed.
Good. It seems dagcoin is legit.
Dagcoin was a Ponzi scheme before Grossberg and Kristijan were arrested. Dagcoin is still a Ponzi scheme no matter what happens.
The criminal investigation is ongoing.
In April 2023, Nils Grossberg & Kristjan Ress published a video for Success Factory members (victims) where they announced that DAGCOIN will be listed on a major cryptocurrency trading platform.
They didn’t announce the platform name, and they estimated that it would be listed in May/June 2023. Not done until now.
Kristjan Ress tried to justify the move by all sorts of fake excuses (Ukraine war, US SEC, US dollar, …), the reality is that the investigation into the DAGCOIN price fraud is still open in Estonia, and they can brought to court anytime, so they thought about getting rid of the DAGCOIN by listing it on a crypto platform.
Victims are still waiting for returns since that scam coin was established in 2017 with promises that they will become rich and financially independent.
All the money has gone into the MLM marketers and SF leaders a longtime ago.
Nils Grossberg from Estonia is the director of LEVERCODE UK LTD with the alleged office located in London since Sep 15, 2022.
share-your-photo.com/72898047fc
Gustav Poola from Estonia is the second director of this company, which was founded with 2,000 GBP.
find-and-update.company-information.service.gov.uk/company/14359658/officers
find-and-update.company-information.service.gov.uk/company/14359658
Of course, the website levercode.com does not contain an imprint, only an email address as a graphic so that it cannot be read by search engines.
In the Terms of Service it is stated that the laws of the Republic of Estonia apply (for Levercode OÜ). So there are two companies “Levercode” – one in Estonia and one in UK.
A second website is leverid.com, which is announced like this:
As usual with scammers, the new leverid.com website is copy-protected, so unfortunately no screenshot is possible.
When will leverid.com finally launch? The new portal was announced by Riho Kruuv (Head of Strategic Relations) and Oskar Poola (Chief Technology Officer) already in April 2022 under this video:
youtube.com/watch?v=ZfWY72si3S0
Riho Kruuv in the video:
share-your-photo.com/c7d24b219f
Oskar Poola im Video:
share-your-photo.com/328759b5dd
Why do I have to wait 14 months and more for a new brilliant business idea? I am sooooo curious… 🙂
What is Nils Grossberg‘s role in the new company? Has he become an honest businessman now? In Germany we know the following saying:
“Once you cheat, you will always cheat!”
At dagcoin.org, kids as young as 13 are allowed to learn how fraud works. And when these children are grown up, should they participate in the scam with DagCoin?
share-your-photo.com/99502c7fb6
dagcoin.org/tos