Ed Zimbardi released by Dutch authorities (/facepalm)
Details of the Dutch investigation into Ed Zimbardi have emerged, including the revelation that Zimbardi was released “after interrogation”.
Whereas Zimbardi is under investigation in the US for MLM crypto Ponzi fraud, in the Netherlands he is a suspected accomplice.
Dutch authorities suspect Zimbardi assisted Corina de Jong with defrauding over 1400 consumers. Specifically, Zimbardi is alleged to have helped De Jong launder over €56 million EUR.
Brandon over at Ponzi Patrol covered De Jong’s arrest in September 2023, as well as going into the non-MLM Ponzi scheme in greater detail.
Long story short, victims of “Hebburn” were pitched on 10% a month. Corina de Jong ran the Ponzi and Zimbardi is alleged to have handled the money.
De Jong funnelled investor funds into Mugan Markets, a sham broker Zimbardi controlled.
Beyond that, Dutch publication FD reports [paywalled];
Due to the importance of this ongoing investigation, the Public Prosecution Service cannot answer questions at this time.
FD also reports Dutch authorities are “collaborating” with their US counterparts, which makes Zimbardi’s release all the more puzzling.
Justice arrested [Zimbardi] in the Netherlands last week on suspicion of money laundering and offering illegal investment services.
After interrogation he was released.
Pending further developments, Zimbardi’s current whereabouts and status are unknown.
Zimbardi pops up in Dubai in 3…2…1…
You are puzzled about Ed Z in this situation because your information about him described in this article is incorrect.
I guess it’s similar to living in the spam-bin.
Probably best to leave Scott Morris’ Telegram groups and touch grass. Goodbye.
On the bright side, UAE does have an extradition treaty with the Netherlands. However, Dutch authorities are quite slow to act, as is evident from a recent incident involving a Dutch footballer currently in the Interpol Red list, who received a prison sentence for drug-related crimes.
UAE authorities gave their Dutch counterparts two days to give permission to start extradition proceedings, which they failed to do, and after dealing with an unrelated traffic incident in the UAE the footballer was released and is currently on the way to Moscow, where he plays for Spartak FC.
Between Irle Moser, Zimbardi and reading that, I think I’ve had enough European judicial incompetence for the week.
There was a Cruise planned in April 2024 for AMsys members. He was alleged on that cruise.
The cruise line involved was Apex Cruise Line (Celebrity Apex). They departed from Fort Lauderdale. That’s all I can remember.
I unfortunately wasn’t on that cruise. I hope somebody threw him overboard but I doubt it.