iGenius has been fined 14.66 million PLN for pyramid fraud in Poland ($4.08 million USD).

As per UOKiK’s December 29th, 2025 press-release;

In legal MLM, profits come primarily from product sales, whereas in a pyramid-style project, the ability to receive material benefits depends primarily on introducing new people to the system.

Investigations conducted by … (UOKiK) reveal that this is precisely how the US-registered compan[y] iGenius operated.

Although these companies claim to be educational, their operating model meets the legal definition of prohibited pyramid-style promotional schemes, in which participants are rewarded primarily for recruiting new members rather than selling products.

These schemes are prohibited under Polish and EU law because they carry a significant risk of financial loss for consumers.

They require a constant influx of new members and their contributions, which is impossible in the long term. The system collapses, and consumers lose money.

The dominant narrative in iGenius’s message was that, thanks to the platform, anyone could become a millionaire and change their life in the blink of an eye.

Photos flaunting wealth and accounts of exotic travels were meant to stimulate the imagination of new members.

This is typical of pyramid-style promotional schemes, which tempt members with attractive rewards for recruiting new people and building a sales structure – a fact ultimately confirmed by the Office of Competition and Consumer Protection (UOKiK) investigation.

iGenius is able to appeal UOKiK’s decision but appears unlikely to do so.

The Office of Competition and Consumer Protection (UOKiK) began investigating iGenius in September 2023.

Preliminary results of UOKiK’s investigation saw it issue an iGenius pyramid fraud warning in March 2025. UOKiK went on to charge Polish iGenius promoters with fraud in April 2025.

iGenius’ parent company Investview has disclosed UOKiK’s investigation in SEC filings. Given UOKiK’s earlier pyramid fraud warning and charges against Polish iGenius promoters, it’s assumed iGenius knew the UOKiK fine was coming.

As is tradition, following a major regulatory enforcement action Investview is prone to rebooting its various fraudulent investment schemes under a different name.

The original scheme was Wealth Generators, launched in 2013. Investview rebooted Wealth Generators as Kuvera Global, upon learning the scheme was under CFTC investigation circa 2017.

The CFTC would go on to fine Investview $150,000 for Wealth Generators related commodities fraud in 2018.

After Kuvera Global’s various fraudulent crypto investment schemes collapsed, Investview rebooted it as iGenius in 2021.

A few months later, Investview’s then CEO was arrested on recovery scam fraud charges.

In January 2025 Investview settled Apex fraud charges with the SEC for $375,000. The SEC also sued two Apex promoters in September 2024.

Likely in anticipation of UOKiK’s fine, in late December it emerged Investview planned to reboot iGenius as “Connective”.

According to top promoter Anthony Napolitano, the fraudulent unregistered investment schemes iGenius markets will be replaced with diamonds and jewelry.

iGenius is headed up by President Chad Garner (right).

At time of publication, neither Investview or iGenius have confirmed the “Connective” reboot. Poland’s $4.08 million fraud fine has also yet to be acknowledged.

Outside of Poland iGenius settled securities fraud allegations with Ontario and Quebec in mid 2025. New Zealand issued an iGenius caution notice in July 2025.

On or around December 14th, iGenius disclosed David Imonitie had merged what was left of Nvisionu on undisclosed terms.

Imonitie is a former IM Mastery Academy promoter. UOKiK also announced a separate IM Mastery Academy (iMarketsLive) fraud fine on December 29th.