Generation Zoe @ BehindMLM

This week we began documenting Leonardo Cositorto’s travels across Colombia. Speaking to Colombian radio station W Radio just over a week ago, Cositorto maintains he’s in Colombia legally. Cositorto is founder of the collapsed Generation Zoe Ponzi scheme. He purportedly has an Interpol red notice out on him from Argentina, making his free travel across [Continue reading…]

After stumping for a Ponzi supporter hoping to enter the senate, Leonardo Cositorto has turned up at a Colombian luxury resort. Cositorto is currently wanted by Interpol on an international arrest warrant.

Generation Zoe founder Leonardo Cositorto has turned up at a Colombian political rally. Which is kinda strange, as Costitorto is purportedly wanted on an international arrest warrant issued through Interpol.

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.

Generation Zoe has received a securities fraud warning from Colombia. As per the Superintendencia Financiera de Colombia’s March 1st warning;

Argentine authorities believe Leonardo Cositorto is now hiding in the Dominican Republic. Wanted for financial crimes, Argentinian media are report an international arrest warrant has been issued through Interpol.

Generation Zoe’s Argentinian offices and three residential homes were raided last Friday. Authorities have since made four arrests. The Generation Zoe crackdown follows a securities fraud warning issued by Argentinian authorities.

Generation Zoe provides no information on its website about who owns or runs the company. The company claims to be a “Spanish-speaking platform”. Generation Zoe’s website footer states the project was “created by Fidubit in Colombia”. Fidubit appears to be incorporated in Colombia as Fidubit SAS. According to Dun & Bradstreet, Fidubit is located in [Continue reading…]