FutureNet Ponzi scammer opens luxury car garage in Dubai
FutureNet Ponzi co-founder Stephan Morgenstern has opened up a luxury car garage in Dubai.
Simply dubbed “The Space”, Morgenstern’s new business is billed as
the world’s first exclusive, inventive, and one-of-a-kind space for top-of-the-line luxury automobiles.
The Space is available for rent to host
business events, fundraisers, dinner galas, fashion shows, grand openings, conferences, and private parties.
The Space represents “the investors’ outstanding hard-won accomplishment in reaching the top”.
So the marketing goes…
Many athletes and VIPs will call THE SPACE sports-centre home.
The Space is also “where dreams come true”.
Unfortunately those dreams are built on millions in Ponzi victim losses.
Morgenstern launched FutureNet in 2014 with Roman Ziemian.
FutureNet’s original model was a simple six-tier cycler Ponzi.
In 2016 FutureNet added FutureAdPro, a revshare Ponzi. Cryptocurrency fraud followed in 2017.
By late 2018 FutureNet was in decline. Over the next year or so it collapsed and today no longer exists.
How much Morgenstern and Ziemian stole from FutureNet victims is unclear.
In June 2020 authorities in South Korea launched an investigation after receiving complaints from 950 FutureNet investors.
Authorities alleged FutureNet victims in South Korea collectively lost $16.1 million. South Korea was just one of the countries FutureNet was promoted in.
Polish authorities announced a criminal investigation into FutureNet in early 2019. This evidently prompted Morgenstern to flee Poland for Dubai.
Dubai is the MLM scam capital of the world. The emirate offers scammers like Morgenstern a safe-haven, due to limited extradition treaties and non-regulation of MLM related securities fraud.
Morgenstern popping up prompted me to go looking for an update on Ziemian.
He appears to be spending his FutureNet money on a mid-life crisis Ferrari fantasy:
Ziemian is also believed to have fled to Dubai.
Absolutely sickening that these low life scammers get away with it.
Numerous newspapers report that Boris Becker is insolvent. An example:
rnd.de/promis/boris-becker-vor-prozess-beim-insolvenzverfahren-wohl-vermoegen-verschwiegen-RIOHNLH3BCVVTVTO3X5RD2CWVE.html
Well, that photo of Morgenstern and Boris Becker didn’t age well.
Today Becker was sentenced to 2.5 years in prison for bankruptcy fraud.
dailymail.co.uk/news/article-10767757/Boris-Becker-sentencing-Tennis-star-jailed-two-years-bankruptcy-offences.html
Naturally in 2021 Becker was in Dubai, hiding out with the rest of the criminals there.
Head of the BVI fraud haven was also arrested today for drug trafficking. Maybe one day heads will roll in Dubai.
The photo above with Stephan Morgenstern and former German tennis star Boris Becker fits with a statement made by Boris in court: “I had a lot of false friends.”
It was reported on German television that Boris Becker was unable to leave the court. He was transferred straight to a prison in London. The cell is 6.5 square meters and he has to share it with another prisoner.
youtube.com/watch?v=U_zRei6iJnY
I too was stupidly scammed by these schemes. The idea of seeing my money grow every 15mins, seemed unreal.
Ultimately it was. I worked out they ‘owed’ me about $72,000 dollars when suddenly the whole crashed.
I’d pumped good money into this. Sickening scam merchants.