Generation Zoe executives arrested in Spain, offices raided
Police have arrested two Generation Zoe executives operating out of Spain.
Daniel Paterna worked as President of Generation Zoe for Europe. His brother, Camilo, was General Manager of Generation Zoe’s Spanish office.
A third unnamed Generation Zoe worked as the Ponzi scheme’s treasurer.
Spanish authorities began investigating Generation Zoe after receiving complaints from victims.
As reported by Informacion, Police “forcefully entered” Generation Zoe’s Spanish offices in a raid earlier this week.
Documents were seized from the office and from the suspect’s homes.
Twelve Spanish Generation Zoe victims who have reported to police claim they are owed 350,000 euros. How much they’ve actually lost via investment wasn’t disclosed.
Generation Zoe was an MLM Ponzi scheme built around its Zoe Cash cryptocurrency.
The Paterna brothers and Generation Zoe’s treasurer are being held at Elda-Petrer police station while the investigation continues.
Generation Zoe’s founder Leonardo Cositorto remains at large. He is wanted by Argentinian authorities and an international arrest warrant executed via Interpol.
Cositorto was believed to be hiding out in the Dominican Republic but may have since fled to Colombia.
Update 15th March 2022 – Leonardo Cositorto has turned up at a political rally in Colombia. Authorities have not yet arrested him.
This infographic shows all mlm endeavors by Cositorto
twitter.com/mgorganchian/status/1496065944598241284?t=q5SErlEk5ra51H7KnMhsNw
Confirmed, Cositorto is (or was) in Colombia:
ambito.com/informacion-general/generacion-zoe/profugo-la-justicia-cositorto-aparecio-colombia-haciendo-campana-las-elecciones-legislativas-n5392288
His ace up his sleeve was a Senate candidate. Sadly, Didier Carrillo (a candidate anointed by Zoe) did not obtain the necessary votes to reach the Colombian Senate.
Thanks for the update. Wakey wakey Colombian police, time to go make an arrest.
We have a bit of fun.. that man can talk! Still on the run!
youtu.be/nj4HdNRGlfQ
What on Earth is the context for Cositorto doing the chicken dance lol.
Not sure.. jumped in late! But he keeps talking while we send him hilarious comments..
The story behind the “chicken dance” is as follows:
In one of the first ponzis, Cositorto told his victims, ahem, students, that to be a GREAT salesperson you have to learn from chickens because “when a duck lays an egg, she lays it and that’s it, same case with the turkey, but when a hen lays an egg she makes a scandal that everyone in the farm finds out about the event”.
So if you want to be a good salesperson, “be like the hen”.
* proceeds to dance like a chicken *
Poor Zoe Spain
informacion.es/elda/2022/04/13/zoe-espana-crecimiento-exponencial-ruina-denuncias-64974086.html
ih1.redbubble.net/image.279826834.7250/flat,800×800,075,f.u2.jpg
* Cries in Ponzi *
I’m no farmer but don’t hens lay eggs quietly in a coop? What was Cositorto smoking?
Well, Cositorto’s dissertations (?) were bizarre as f: Slides with typos, words repeated ad nausea (tenaz, poderoso, apalancamiento, which in classic Spanish do not have the same meaning as in Cositortian), appropriation of scientific concepts (quantum physics, psychology, etc), quote mining or falling for plain old fakes (Albert Einstein was a constant victim of Cositorto’s audacity, in a session Cositorto atributed a Francis Bacon -not sure, I don’t remember- quote as Einstein’s).
His presentations were so absurd that they generated a cult following from those who sought to laugh at the “education” that Zoe offered its flock. (As a matter of fact, there were at least 4 Youtube Channels broadcasting for free Cositorto’s “top”/”licensed” material)
Cositorto is right about hens at least – they cluck continuously for about 15 minutes after laying an egg.
This is unusual for a prey animal given the risk of attracting attention from predators, so it’s very much a “thing” that chickens do.
The reason is most likely to inform other chickens so they can look after each others’ eggs communally. (Other theories are available.)
Ah, I think I get it then.
Gullible investors, sorry “chickens”, lay eggs and then farmer Leo comes along and takes them. He does this by promising the chickens 2 eggs for every egg they surrender.
After a few days of farmer Leo keeping his word, the chickens become overwhelmed with excitement each time they lay an egg. A few even dance.
Then one day farmer Leo runs off to Colombia and is never heard from again. The chickens are left with no eggs.
Phew. That was a long way to go around to explain a simple chicken dance.
Hey, George Orwell got over a hundred pages out of basically the same analogy.
Now they all claim to be victims, but evidence says otherwise
informacion.es/elda/2022/05/05/abogado-victimas-zoe-denuncia-paterna-65754549.html
There’s an old Spanish saying: “Por la boca muere el pez” (“Loose lips sink ships”)