Golden Way pyramid fraud warning from Russia
Golden Way has received a pyramid fraud warning from Russia.
As per the Central Bank of Russia’s October 26th notice, Golden Way exhibits “signs of a financial pyramid”.
BehindMLM reviewed Golden Way back in January. Golden Way’s business model attaches a pyramid scheme to annual returns of up to 530%.
Of note was Golden Way hitting the MLM Ponzi trifecta; Dubai, a Boris CEO and Ukrainian scammers.
In January 2022 Alexa tracked top sources of traffic to Golden Way’s website as Saudi Arabia (44%), Algeria (30%) and Egypt (3%).
Outside of Egypt recruitment has collapsed, with SimilarWeb today tracking traffic from Mexico (23%), France (13%), Egypt (12%) and Spain (12%).
Golden Way is not registered to offer securities in any of the countries it solicits investment in.
Update 6th January 2022 – The GoldenWay Ponzi scheme has collapsed.
New notice.
From Russia? Not seeing it.
Good news for the futures Victims :
GOLDENWAY is finished. Payement are stopped.
Goldenway management send the best wished to their members.
Goldenway still seems to be kicking along on social media? What’s the source on payments?
The payment issues is following a communication inside Goldenway French leaders
here is the content (google translate) :
That’s a wrap. Thanks for the updates.
what is the current situation of goldenway?
Current Goldenway situation is you invested into a Ponzi scheme and your money is gone.
Sorry for your loss.