Des Alpes securities fraud warning from Canada (QC)
Sep.27, 2025 in
companies, regulation
Des Alpes has received a securities fraud warning from Quebec’s Autorite des Marches Financiers (AMF).
As per AMF’s September 19th Des Alpes fraud warning;
DesAlpes LLC is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.
In addition to Des Alpes’ own website, the AMF cites two additional related domains:
- gracedesalpes.ca – “The Grace Team” Des Alpes promoters, headed up by Yolene Gray, Pastor Noah and Armel Ndounkeu (aka “Coach Armel”)
- innitshop.com – Des Alpes branded ecommerce website
Des Alpes is an MLM crypto pyramid scheme run by founder and CEO Daniel Dalpe.

Alpes himself is based out of Quebec, with Des Alpes appearing to be primarily promoted to French-speaking Quebec residents.


Hello Oz, I’m a native French speaker from Quebec and I wanted to let you know that I’d be happy to help English speakers in the anti-MLM community in their investigation of Des Alpes.
If there’s any way I could help (translations or communications in French) in blowing this story open, please don’t hesitate to get in touch.
Thank you for your honest and thorough work on this post and the other one from April. I’m really worried about seeing family and friends get swallowed in by this scam.
I saw this post because of Julie Anderson’s YouTube video series on this. Shoutout to you both for doing what the authorities are too cowardly to do.
Thanks for the support and offer. Will keep in my mind if there’s anything Des Alpes I need help with.