GTI-Net Ponzi confirmed, reboots as Global Technology Innovation
GTI-Net lost its appeal against an investment fraud warning issued by Belgium’s Financial Services and Markets Authority (FSMA).
The company responded by “shutting down”, only to reboot itself with a new name and website.
The FSMA issued its warning in November 2017.
In the warning the regulator made two primary points; that GTI-Net
- was “not authorized to provide banking and/or investment services in or from Belgium” (i.e. committing securities fraud); and
- had a business model that “clearly resembles that of a pyramid scheme, or at the very least, a Ponzi fraud”.
BehindMLM reviewed GTI-Net in February 2016. We concluded they weren’t generating external revenue, making it a Ponzi scheme.
In an attempt to legitimize its activity, GTI-Net took the FSMA to court.
In December 2018, Tribunal of First Instance in Brussels upheld the FSMA warning.
The ruling was significant for GTI-Net, as even today the majority of traffic to its website originates from Belgium.
In light of the failed appeal, GTI-Net owner Jhony Depresseux (right) should have shut the company down. Or better yet Belgian authorities should have shut it down and pressed charges.
Instead, in light of the FSMA publicizing the failed appeal in February 2019, GTI-Net shut down its website.
Did GTI-Net really cease its commercial activities though? Hardly.
GTI-Net has now rebooted itself as “Global Technology Innovation”.
The company operates out of a new domain (“globaltechnologyinnovation.ae”), which is registered to Paul Louis Hofmans.
On his personal Twitter profile Hofmans cites his location as Dubai. On the professional side of things Hofmans runs N.E.R. Management Consultancies.
As per their website, N.E.R. Management Consultancies assists companies with “setting up” in Dubai.
To this end a PO Box corporate address for “Global Technology & Innovation LLC” is provided on their website.
Reading between the lines, all Jhony Depresseux has done is pay a third-party to create a shell company in Dubai. There’s no new company here… it’s the same GTI-Net scam being run out of Belgium.
Depresseux traveled to Dubai to set the reboot up in late January.
He’s assumed to have returned back to Spa, Belgium, where he otherwise resides.
As of now the Global Technology Innovation website is barebones. GTI-Net affiliates can sign in to a backoffice and that’s about it.
To hear Depresseux tell it though, the new GTI-Net Ponzi scheme will be nothing short of revolutionary.
This is a physical product of a new technology. This product today doesn’t exist yet. And yet, we can tell you that it will interest 100 % of the people in the world.
It’s amazing, it’s amazing. Imagine that a company has had the global priority of internet connections. That you could have been a part of this society? Well, what we’re going to offer you is even stronger than this.
It is a real technological revolution that will certainly change the face of the world and it is a technology that will be distributed by GTI-net.
When you have seen this product, you will understand that gti-net is a company whose future is assured for hundreds of years.
This technology represents more than 100 years of research. Indeed, it is already in 1901 that we see the first research on this type of technology.
And today more than 100 years later, all this can be in your hands.
This product will create hundreds of thousands of jobs around the world, in addition to yours as a GTI-net member.
There are billions of products to distribute around the world.
One former GTI-Net victim claims Global Technology Innovation plans to flog €1200 EUR crypto mining rigs.
*big loooooooooooong sigh*
For the record, GTI-Net’s original Ponzi scheme ruse was forex trading (no evidence of which was ever provided).
Whether Belgium takes a proactive approach to Depresseux’s new Ponzi scheme remains to be seen.
Pending release of an actual business model, we’ll of course be publishing our own Global Technology Innovation review.
Update 4th April 2021 – BehindMLM has revisited Global Technology & Innovation following a March 2021 “reset” announcement.
No suprise, once a scam always a scam.
A few people enriching themselves out of the pockets of many others every month with their guaranteed income claim.
The whole scam success of GTI is based on the data base of PlanB4You from mr johny Schabregs.
Johny is a convicted scammer and a fugitive from the Dutch law system.
Alexa rankings show that this early new start under another name generates traffic from Russia, so they might have found a new territory to scam people on.
I am reading the article for the second time now and I can’t see any evidence or confirmation (typical journalism of today).
C’mon. Same as thousands of MLM companies around the world.
Point is, that someone clearly wants a piece of cake from them.
The FSMA investigated and concluded that GTI-Net is a Ponzi/pyramid scheme.
If you want evidence of GTI-Net being a Ponzi scheme you need look no further than their business model.
The Ponzi model is specific to the MLM underbelly, it is not representative of “thousands of MLM companies”. At least not those currently active.
A legitimate business would not collapse and “relocate” to a joke jurisdiction when regulators come knocking. They’d be able to show they are legitimate, which GTI-Net is not.
You can accept the facts or make excuses for Ponzi fraud with conspiracy theories (typical scammers of today).
From what I hear in the field in the Netherlands, it seems to be game over for this scam. Some of the big income earners already moved on to new scams.
It is over with GTI Net scam.
There are some heavy guys, very angry on Jhony depresseux and Sven and they want their money back.
Lets see whats going to happen.
Laura, can you specify?
Just wanted to drop my experience and see what others have to say about it:
I was invited by a friend to come to a talk about mainly the Global Technology Innovation thing and also a tiny “presentation” (Video) about sepco and its direct link with ORT and ORTP tokens.
I went as I am interested in Blockchain technology and such and my friend’s explanation, although fragmented, but with great enthusiasm, tickled my curiosity.
So, curious, although skeptical, I went to this talk/presentation at his home.
There, A guy talked about Affiliate program and cashing every week on Friday, showed diagrams of his build-up Licence (which as almost full to 21.000..how coincident) or whatever and that you can fill you licence quicker when, of course, bring in others.
For me it was all a bit too much info and I do not have much knowledge about “investing” and thought I could learn some from it.
In the end of the night and the days after I still have this underbelly feeling that it was a load of bullcr*p and it all just doesn’t feel right.
So that’s why I started searching for some more info about these thing on the net… which unfortunately isn’t also the most trusted place on the planet either as there might be also lots of “dis-information” against some topic(some group might have benefits that something stays the ways it is).
On the other hand lot’s of things are based on what and how many people believe in something (that is why suddenly Bitcoin skyrocketed for example?) and all speculative, Right?
Mostly when something is too good too be true…well…it is:D
(Please correct me on any point I might have a misconception about on your knowledge/opinion/experience.)
Regards.
According to its’ Alexa rating, Global Technology Innovation aka GTI.net round 2 is dead in the water.
It’s currently ranks:# 1,068,624 in the world
Its’ ranking has dropped from #532,987 90 days ago to #979,050 today
My dad is in GTI-net (or whatever the name is now), it definitely is an MLM and a scam!
I have no clue what to do and he is throwing money away that he doesn’t have! Does anyone have advice on how to handle this?
It’s always difficult when a relative or friend gets sucked into a Ponzi scheme.
All you can do is clearly explain the fraud. If the person doesn’t respond and you don’t want to burn bridges, be patient and when the inevitable loss hits be there to support them.
What you talking about people? is absolutely not Ponzi scheme.
me personally i invested money in GTI, and receive every week my commission.
they have their crypto, Rigs, Fortuna, Gfta etc it’s a lot of mining etc, in few months you have your money invested and then, you continue to receive…
Whether you personally steal money from those join after you is neither here nor there.
Not registered with financial regulators and thus operate illegally.
The only reason an MLM investment scheme would opt to operate illegally is if it’s not doing what it says it is.
GTI-Net was a Ponzi scheme, Global Tech Innovation is a collapse reboot. You’ll continue to defend the scam while they pay you backoffice money.
And when it goes kaput again you’ll pretend you had no idea it was a Ponzi scheme.
@Helpmeout ask your dad to watch ‘The Wizard of Lies’, the Bernie Madoff ponzi story. It’s not only a good movie (Robert De Niro is an excellent Madoff), but it may make people think more critically about these schemes in general.
And understand that it’s actually possible they too may have been fooled, as many many big professional investors were too.
I’d just like to point out that there isn’t much of a mystery about this world-changing new technology they’re going on about:
The mention of 1901 is a dead giveaway. It’s that hoary old chestnut, free energy.
1901 is the year Nicola Tesla got a patent on what he called a “Method of Utilizing of Radiant Energy”.
This worthless patent, for what was meant to be a radio transmitter (the device described was never built, and for sound scientific reasons cannot work), has become the basis of an entire mythology: that Tesla invented a machine that could generate limitless electricity for free.
Since there are observably no such machines around, the mythology includes a vast conspiracy that has been busy since 1901 to suppress the idea.
To the true believers, it never seems to occur that they could prove it works once and for all by building the device described in the patent, instead of concentrating their efforts on making ever more Tesla fanboy websites, full of prattle about “free energy”.
(If anyone wants an explanation of what was wrong with Tesla’s 1901 device, here is an explanation: //moreisdifferent.com/2015/02/22/teslas-folly-why-wardenclyff-didnt-work/)
A Tesla free energy generator is right up there with the perpetual motion machine and the anti-gravity device.
Just as with those two, there’ll always be idiots willing to give money to scammers pretending to have built one.
It now became Robocash.
I added RoboCash to the review list for investigation. it came up today.
There’s a .HK domain which is dead and RoboCash Investment Robot, which is what I assume you’re referring to.
RoboCash is a Euro Ponzi scheme with single-level referral commissions, meaning it’s not MLM. Didn’t see any ties to GTI-Net.
robocash.hk
I was registered into GTI-NET (renamed as Global Tech Invest) they kept their email list so when they launched Robocash i received some emails.
There was a link for webinar and it was set up in Dutch (which make no sense for a Hong Kong company).
Jhony Depresseux first language is french (he is from the french part of Belgium) but Sven Lefeber is from north of Belgium or Netherland so his first language is Dutch.
I registered for the webinar but i haven’t watched it so i have no idea what the business is about or if they will use an MLM system or not but i’m pretty sure that if they dont have it yet they’ll set it up later.
The email start with this
The thing is GTI never worked or ran long enough to let people withdraw any money so everyone got scamed except the very few first top promotors.
Gregory Scohy was a top promotor of GTI-net he was all on GTI-net on his Linkedin profil, now it’s all deleted LMAOL.
linkedin.com/in/gregory-scohy-19023534/?originalSubdomain=be
It seems that this Robocash is unrelated to GTI in a direct way where you would be able to use any funds from GTI in order to continue with whatever Robocash has to offer.
It looks more like a separate company that is just approaching people that are registered at GTI.
Although I think this is just another thing setup by Jhonny and Sven, if not this shows the extreme risk of having your personal information stored at GTI.
Because when Robocash is something else that means GTI does not hesitate to sell its customers information to other third parties.
I am going to have a look into Robocash at a later stage and try to figure out what this scam is about and how it is related to GTI.
So I have attended the Robocash zoom call and I can tell you it is amazing!!
I really hope Oz will do an article on Robocash soon and also make the link with the dead in the water ponzi scam GTI-NET or now-a-days Global Technology Innovation.
So in short…
People from GTI-NET get approached with an email stating that now that you know how to earn a second income through the wonderful GTI there is now another option through the well known and trusted Robocash.
Where I should know them from I have no damn clue. But according to them they are well known. Of course people also get poached through other media but this is how I got wind of them.
Structure is as follows:
You get in for 500 euro (sounds familiar?) but this time you also pay 100 euro administration costs. Nice little touch there. I mean easy 100 euro to be honest.
Where GTI asked you to find 5 people to be qualified for life, here you only need 3 people. But it works differently. GTI was 4 people under you and one in the so called ”overflow”. Here they have a binary system that works with spots and two legs.
The fun thing is you need to keep both legs in balance for your benefit… Why this was exactly escaped my logic but hey, that is something that you need to leave behind anyway ”logic”. Otherwise you don’t get in to begin with…
Costs of the full license I hear you ask? For 10.500,- it is all yours and you can take it directly to a broker. You can pay at once or in steps of 500 through your initial purchase and affiliate marketing. And that’s all you ever hear about the product.
Now that the affiliate bomb has been dropped, the floodgates have opened.
Funny how this trading robot costs exactly half of the GTI one. That was 21.000, this is 10.500. I mean how obvious do you want to make it???
The whole build-up of the pyramid thing I didn’t even bother with. It is just more complicated than GTI so people won’t ask the right questions…
For me it was all just confirmation that Sven and Johny must be behind this. It is all too similar. You can’t make this stuff up. By now I must almost consider them legends in how they keep scamming with the exact same concept and people keep falling for it…
Just be warned people. If somehow you found this forum and read all this info about GTI and Robocash. DO NOT GET IN. Save your money and go for a nice dinner or something. But don’t donate it Sven and Johny
If someone can point me to RoboCash’s compensation plan I’d be glad to put together a review.
When I last looked into it RoboCash was just a few uninformative websites (see #18).
They are now limiting withdrawals to 3000€/month because suposely the leaders are trying to withdraw to much.
In real businesses there is no such things as to big withdrawals. withdrawalls can only be to big if you run a ponzi scheme and you dont have enough money to pay those withdrawals and you’re afraid that the leaders who got their account growing exponentially withdraw more than the money you collect from new victims.
@Madoff,
Exactly! you’re completely right. As I stated once before I made the huge mistake of getting into this program.
I got in on the very beginning at the end of 2017. I did so with 750 euro and to this day I still have not been able to withdraw more than 500 euro.
After more than 3 years I still don’t even have my investment back, which is a very poor result for a product that’s supposed to make a profit on a weekly basis.
The initial promise was that, even if you did not recruit new people but at some point your license was full you’d receive 910 euros per month.
Well My license is full and I’m not getting anything close to that amount.
They have done a so called ”reset” twice now and after the first one my weekly bonus got reduced to 145 euro per week.
That was still about 600 per month but keep in mind that I only recently got my license full so before that time I wasn’t able to withdraw anything.
Anyway before the first reset I got my 500 euros out of there.
After the reset I had 290 waiting in what was now a queue for withdraws because otherwise the price of their crypto would be affected too much. Whatever BS that might be.
Anyway just before It was my turn to cash out they came with reset number 2. In the mean time i had accumulated close to 1500 on my account.
During the second reset this amount was taken from me without my consent (obviously because that’s how they roll LoL) to buy more of their internal products.
Anyway for the TLDR:
I was once promised 910 euro in the month. When I finally reached the point of steady withdraw I only got 600 per month but wasn’t able to touch this because of the queue system and now I am down to 80 euro per month… and still waiting for the moment I can withdraw something.
Luckily I can miss the money and it doesn’t bother me but I can only imagine what this must feel like for people that put in hard earned savings because they hoped for some better times as they are scraping by week by week.
GTI is a scam. Plain and simple. Jhonny Depresseux is a legit crook. He talk to the poeple he took money from like they are dogs. He mooved in Dubai to avoid any retaliation. You get the idea.
After a second reset, and a sky high stack of broken promesses, they did two lane to get your money out of it.
The first lane was a lane whith nothing happening and thousands of customers stuck not being able to withdraw money.
The second lane called “priority lane” was a lane only for people recruiting. When you have to recruit to get your money out, how do you call it ? Ho yes a ponzi right.
On the official facebook page, if you dare saying something that is not stupid flattery, you get banned immediately, it’s probably worst than north korean government when it comes to freedom of speech.
The members active are like devoted to the (completely hopeless cause). It’s like being in a cult.
Sven Lefeber and Johny Depresseux are two criminal who crooked millions of euros out of peoples with their ponzi scheme gti.ae | robocash.hk | trycircleapp.com
Now they say that they implemented an algorithm for the commission that will randomly pay people commissions.
If you want to be sure to get payments: you have to recruit.