Holton Buggs’ Meta Bounty Hunters Ponzi collapses
Holton Buggs’ Meta Bounty Hunters Ponzi scheme has collapsed.
Behindmlm reader Daz predicted Meta Bounty Hunters would soon experience withdrawal problems last October.
This was based on Meta Bounty Hunters commingling investor funds with The Traders Domain, a Ponzis scheme that collapsed towards the end of 2022.
Sure enough on January 27th, 2023, two BehindMLM readers confirmed Meta Bounty Hunters and its sequel Meta Bounty Huntresses had collapsed.
The premise behind Meta Bounty Hunters was affiliates investing $2000 in NFT positions.
In addition to receiving pyramid commissions, weekly “reflection” returns were also paid out.
Meta Bounty Hunters launched a year ago in January 2022. The Meta Bounty Hunteresses sequel Ponzi was launched in October 2022.
BehindMLM confirmed Holton Buggs and Travis Bott were behind Meta Bounty Hunters in February 2022.
Buggs is best known in the MLM industry as a top earner in Organo Gold. Buggs time at Organo Gold ended in 2018, following Buggs’ descent into crypto securities fraud.
That descent was temporarily put on hold when Buggs launched iBuumerang in 2019.
Originally a travel company, COVID-19 decimating the industry saw Buggs introduce crypto securities fraud to iBuumerang through Ellev8.
Through Ellev8, iBuumerang affiliates are believed to have been funnelled into various fraudulent crypto investment schemes.
When Buggs launched Meta Bounty Hunters, naturally iBuumerang affiliates were funnelled into that too.
Meta Bounty Huntresses was a cynical attempt to create broader appeal to female iBuumerang affiliates.
Travis Bott has long been associated with various Ponzi schemes. When we last checked in he’d just launched Meta Labs Agency.
By virtue of iBuumerang affiliates being funneled into them, the majority of Meta Bounty Hunters and Huntresses investors are believed to be US residents. Holton Buggs and Travis Bott are also US residents, operating out of Florida and Utah respectively.
As it stands Meta Bounty Hunters and Huntresses investors are being restricted from bringing up their losses with the company.
Pending a regulatory investigation by the SEC, total Meta Bounty Hunters and Huntresses investor losses remain unknown.
When an industry leader like Buggs leads his followers out of a presumably legitimate NWM company (iBumerang) into a crypto (money game) scheme and this happens, I would guess that the reputations of those in leadership positions suffer irreparably.
Bolton is not a leader, but a scammer.
As long as they still have established downlines following them, all with the same view in mind (milk those below) they will keep up until authorities stop them.
Pure greed at its finest.
Rabu Gary is a major culprit in all of this. He is responsible for selling almost HALF of the MBH NFTs sold.
He was given dozens free from Holton and sold those directly for tens of thousands and got commissioned six figures for selling many others.
Google “Denzel Washington” and see what happened at a Lakers game. Denzel got into it with Rabu for selling him fraudulent MBH NFTs.
Many people now call him Rob You Gary. He lies and claims to have made millions from various investments with his group “United Investors Group International Social Club” but he makes the lion share of the money off commissions from others investing. He rarely invests anything himself.
Then when the scam collapses and he’s already pocketed millions more, he funnels his followers into the next ponzi.
He wants to be famous so badly he uses his illegally acquired riches to get close to famous people and takes pics and videos acting like he knows them which makes him seem more credible when pitching ponzis to those who don’t really know him.
I literally asked a questions about reflections in the discord channel and was quickly removed. Never touch these mlm cults again.
I put 50K USD on Meta bounty hunters, Huntresses and MLA Secret agents and now it’s 1/10 of the price that i bought it!
I hope that they will be sued soon for what they have done to us!
I feel for Karley…I really do. I’m a retired Certified Financial Planner with 34+ years experience.
A rule of thumb is don’t put money into risky positions that you can’t afford to lose. I’ve never put a dime into crypto and certainly not mlm crypto deals.
If I had money I could afford to lose I might invest in crypto but direct, not through any mlm opportunists or rip off artists.
I mean seriously, have these guy’s no shame? I can’t imaging how many people have lost their hard earned money buying their Mini Star Wars lookalike cartoon bullshit NFT’s.
Now their all peddling a trading platform that’s going to make everyone Millionaire’s.
Mind you their disclaimer doesn’t guarantee that of course……. No Shit Sherlock lol.
Meta Bounty Hunters invested in Traders Domain as well and lost everything.
Check the list out in the video: youtube.com/watch?v=45sJJpS1OEM
I intend to publish a follow up naming and shaming the MLM promoters in The Traders Domain. Waiting on some data.
Bolton Huggs……. Love it.
Weren’t there 8,888 Hunters sold for $2,000 each and then 8,888 Huntresses for $2,500 each. And don’t forget the 400 Iconics for $25,000 each. Then whatever the Secret Agents bullshit cost.
Does anyone know where that 50 plus million dollars went?
Some of it was invested into the Traders Domain Ponzi scheme. The rest went into Holton Buggs’ and Travis Botts’ bank account.
Absolutely! And I’m pretty sure that all the so called Diamonds/Leaders of Ibuumerang pockets were also lined with gold too as a result of the lesser folk they duped into investing in this sham.
Hopefully they can recoup their losses by subscribing to his $179 a month Ellev8 trading platform he claims that taught him to the expert Forex trader he is today……. But I doubt it lol.
Seriously though, how is this guy getting away with this shit!
I shit you not, just read this on Metabountyhunters Facebook page….
Do you know that the anticipated delivery date for Bounty Babies is in JULY?
Furthermore, each Iconic Holder has the opportunity to mint up to 6 adorable Bounty Babies.
The babies grift was something they came out with a few months back. Not sure what the point is without The Traders Domain Ponzi returns.
Well, looks like it’s been a busy 16 hours at The Meta Bounty Hunters birthing unit. There are now 8,888 proud parents of Meta Bounty Crotch Goblins lol.
I can’t wait to see what kind of twist there’s coming here, as I cannot see Holton Buggs and Co not make money on this Shitshow somehow.
I guess we now wait lol.
Does anyone know how to sue these people.
There are alot of us in Australia who lost alot of money because of our counterparts in Australia who feed us into this train wreck of lies.
Step 1: See a lawyer.
I tried to warn my friend about this and she’s still in it now. I feel like I’ve lost my friend because of this scam. Someone has to put a stop to it!
You can’t sue someone for fraud, it’s a criminal offence so start there – contact regulatory agencies, as many as you can and report them/get them shut down.
That’s the first step – then the people that shut them down can try to recover your money, in Australia it’s ASIC. In America I think it’s the SEC.
Many felt they were misled about the “reflections”. You may potentially have grounds to pursue a civil case for damages against the people above you who promoted it.
A number of them in Australia still own and run their own Crypto Trading Groups.
No that’s wrong you can’t sue someone in a civil case for damages for fraud. It’s a criminal offence. There is no damage.
You gave them the money so it’s fraud or misleading and deceptive conduct which is a statutory offence and has penalties.
So what I said about regulatory authorities is correct. Trust me you cannot sue them for damages.
Suing for damages is one of the most common counts in MLM related civil lawsuits. Plenty of class-actions filed against MLM scammers by victims looking to recoup damages.
Stop talking out of your ass.
I am a negligence lawyer and please cite the case reference where someone in Australia (Ozedit: snip, see below)
Nobody said anything about suing in Australia. Holton Buggs is a US resident.
The question was specifically about the Australian people that were ripped off so American law will not help them.
They GAVE these people their money mate. Lesson learned: don’t invest with people that you shouldn’t trust and are obviously dodgy.
You have no recourse but to report it to the authorities in Australia. Your money is gone unless one of the authorities choose to do something about it. Sorry bout that
Suing American resident scammers from Australia absolutely won’t help them. Nothing is stopping Australian victims from suing US resident scammers for fraud in the US.
Wholly agree if you want to rely on Australian authorities to do anything you’re fucked.