Exchange Wallet fraud warnings in Austria and Germany
Regulatory warnings against Exchange Wallet have been issued in both Austria and Germany.
On January 3rd BaFin, Germany’s top financial regulator, confirmed EXW Global is not registered to offer securities in Germany.
Late last year on December 27th Austria’s Financial Market Authority (FMA) issued a similar securities fraud notice for EXW Global AG.
Exchange Wallet, which also goes by EXW Global or just EXW, launched in mid to late 2019.
BehindMLM reviewed Exchange Wallet in September. Based on its business model, we concluded it was an MLM crypto mobile app Ponzi scheme.
The FMA’s fraud warning is significant, as we believe the company is being operated from Austria.
Exchange Wallet is not registered to offer securities with any regulator. The company operates illegally worldwide.
The same Austrian FMA already gave out a warning against VIVA Payment Solutions GmbH on December 12, which seems to be sort of the parent company. (If such a thing exists in a tangle of shell companies – it all seems to be one guy, Benjamin Herzog, and that’s the one company out of the lot which he officially runs.)
(They add the little detail that the company is no longer at its registered address, current address unknown.)
Plus on October 4th it warned against Cryptotrustconsulting Ltd, a British-registered company but with an Austrian address as well, another part of the EXW tangle:
The original tangle consisted of two Austrian, one Liechtenstein, one Slovenian and one UK company.
To that he has added a supposed crypto exchange, VIVAEXCHANGE in, where else, Estonia, plus one called EXW Global Co. Ltd. in Thailand. He’s really going places.
ORF2, an Austrian TV station, broadcast this warning:
The spokesman said, among other things:
– EXW promised an annual return of up to 221%.
– Benjamin Herzog, the founder of EXW, fled to Thailand.
– The original company headquarters were moved from Klagenfurt in Austria to Estonia.
The board of the Austrian FMA, Eduard Müller, confirmed the warning in the video.
What does German car salesman Steven Wagner say about this warning? He was involved in OneCoin scam first…
…and then EXW scam. This video was not removed:
The following people showed interest in a rental car from EXW and Steven Wagner in the webinar:
Klaus Schuhmacher – Stefan Hofer – Juri Djatschenko-Blum – Andre GloWe4U – Caroline – Heiko Ronneber – Kay Flögel – Anita Riess – David – Gerhard Witz – Sascha Schlenzig – Hasso – Nobby – Axel Tröger – Hubert -Mario Volpicelli – Katja.Kobelt – Thomas Hartleb – Nicu Iancu – Harald – Alex Schneider – Manuel.
Steven Wagner is difficult to see in the video. On this photo he is easy to recognize – with OneCoin asshole logo:
His personal website stevenwagner.de redirects to his YouTube channel: