ITP Corp changes domain after reported blocking in UK
UK internet service providers have begun blocking ITP Corp’s website.
The ITP Corp Ponzi scheme was originally hosted on “itpro.top”. A new clone website has now been launched over at “itp.club”.
In what appears to be an attempt to thwart fraud control efforts in the UK, ITP Corp hastily registered its spinoff domain on October 19th, 2023.
Why the FCA hasn’t yet issued an ITP Corp securities fraud warning is unclear. As of October 8th, 2023, MLM cryptocurrency investment schemes are outright illegal in the UK.
Although recruitment has now spread to other countries, ITP Corp exploded in the UK over the past few months.
SimilarWeb tracked just under a million visits to ITP Corp’s website last month. Top sources of ITP Corp website traffic are the UK (33%, up 71% month on month), Poland (20%), Canada (11%) and the Netherlands (6%).
ITP Corp recruitment had begun to slow down in the UK, but targeting of migrant communities has seen it shoot back up.
Consumer losses are expected to run well into the hundreds of millions when ITP Corp inevitably collapses.
Update 23rd November 2023 – ITP Corp’s first two domains have been disabled. The Ponzi scheme’s app is now pointed at the domain “itpmax.com”.
Update 25th November 2023 – ITP Corp has collapsed.
I haven’t seen anyone say they’ve lost money from this yet. How is that?
Because by the time investors acknowledge their losses, the Ponzi scheme has already collapsed.
Math is math regardless. The majority of investors in any Ponzi scheme are guaranteed to lose money.
They run also on WhatsApp group called ITP-Mr. Billy-UK. Posted link of this website and straight away post been removed an I been banned.
Next day was trying to login on ITP App but unfortunately my account was also wiped off lost 1500USDT.
So in my opinion if this is legit why they should banned you to remove your own asset.
Short conversation with one of the Adnin:
@Peter
Just so we’re clear, ITP Corp isn’t a scam because they closed your account.
It’s a scam because it’s a Ponzi scheme in which the majority of investors will inevitably lose money. Congratulations, you’re one of them.
If you aren’t directly scammed out of your investment, Ponzi math will take care of the rest.
@Oz
Are you trying to defend them (scamers)?
Something like this should not exist, people investing those life savings and at the end they loosing everything .
Yes, I am obviously trying to defend the scammers.
Ponzi schemes shouldn’t exist. They are scams, regardless of however you personally lost money in them. I was just making that clear.
If you are willingly giving money away in Crypto form to someone who you don’t know, through a dodgy app – then you shouldn’t have this money.
It would be arguably better to just give that money to charity, but regardless – it’s on you, you are the part of the problem, because you are ignorant and greedy enough to have believed this complete bullshit.
I’m hearing ITP have done a runner. They have emptied their wallets and gone. Anyone else heard similar.
Since deposits are made through USDT on Tron, we can track all of the incoming transfers (deposits) on the tron blockchain.
tronscan.org/#/address/TXWtw3tprZmgjReL9TbZJbp5qFtwShj4AQ/transfers
Unfortunately every minute or so a user is depositing hundreds of dollars. This scam seems to be doing really well.
Through the blockchain, I attempted to track what ITP do with the money. After every $100k or so that they accumulate from user deposits, they then transfer the money to another 3 wallets.
From there, the money is transferred into another bunch of other wallets, and those into different wallets. This pattern is obviously an attempt to hide their tracks, which works unfortunately (would need a professional blockchain analyst to figure out where the money finally ends up).
The frequent and quite large incoming deposits to the main wallet that accumulates user funds initially (linked above) to me shows that this ponzi scheme is extremely successful, seemingly still growing and the team behind this scam is making tens of millions if not hundreds of millions.
Holy sh*t , it’s actually depressing to see the amount of USDT they’re illegally getting from this simple ponzi scheme. How long do you think until they pull the rug on this?
This can’t go on for that long. seriously, over 200m in usdt they’ve made! Yikes.
My oh my I never been able to figure that out I’m so embarass now to have sent some fund to iTP.club
Hi Luke, that address you posted. Is that ITP’s own account?
Well and truly screwed everyone over.
On Monday they offered a bonus scheme and lots of money deposited and withdrew. No money has reached accounts since Monday and blaming blockchain.
Biggest scam ever and yes you start off only investing small because you know it’s a risk. But can get drawn in with the offers of double bonus…by then game over too late.
To Luke and other users who have done some independent forensics on various wallets associated with this scam, please could you provide other wallet addressees you’ve came across.
The transfers from the user fund address to other wallets needs focusing on.
As of the 25th November nobody has been able to withdraw funds within the ITP APP, Bonus scheme were offered but this was the biggest scam of all.
IPT has been busted and the scam has come to light. Blockchain can’t be blammed when you can see people withdrawing funds and there funds are not going to there wallets.
Shut down the ITP and put thye people at the top in Jail.
I invested £1000 a month ago after my friend (who I would honestly say is the straightest guy I’ve ever. Known) had done the same in June and every month thereafter had withdrawn £850 so he was up and everything seemed rosy.
on the app thro my “Clicks” I’d doubled mine and was just about to take my initial £1000 out and now this has happened.
I guess I’m one of the losers unless some miracle now happens, that’s life I guess.
1. Your friend is a scammer.
2. You fell for the classic bUt I’m GetTiNg PaId! ruse.