Leonardo Cositorto wanted by Interpol, hiding in Dom. Republic
Argentine authorities believe Leonardo Cositorto is now hiding in the Dominican Republic.
Wanted for financial crimes, Argentinian media are report an international arrest warrant has been issued through Interpol.
Cositorto is wanted as the founder of Generation Zoe, an MLM crypto cycler Ponzi that collapsed last month.
Arrests were made late last week, however Cositorto managed to flee Argentina for Spain. From there he is believed to have traveled to Colombia, before settling in the Dominican Republic.
In response to Generation Zoe and news of his international arrest warrant, Cositorto took to Zoom to beg for new investment.
Dismissing Generation Zoe collapsing as “difficulties”, Cositorto framed the Argentine crackdown as an “onslaught”.
Purportedly the money Cositorto begged for was to go to Generation Zoe’s victims.
In exchange for $100 investments, Cositorto promised a 20% ROI and “one-on-one coaching sessions”. He has also floated the possibility of launching “Generation Zoe 2.0”.
In footage of the webinar, Cositorto is reported to have equated Generation Zoe victims trying to withdraw to Judas.
On Tuesday Argentina’s top financial regulator, the Comisión Nacional de Valores, gave Generation Zoe an opportunity to explain itself.
Nobody from the company attended the meeting.
So far there has been radio silence from Dominican Republic authorities on Cositorto’s status.
The Dominican Republic has a horrendous MLM securities fraud track record, with Ponzi schemes like CashFX Group able to operate unabated for years.
Update 15th March 2022 – Leonardo Cositorto has turned up at a political rally in Colombia. Authorities have not yet arrested him.
For Cositorto “The show must go on” Yesterday’s speech went full “Tin foil hat”, he:
– said that the Interpol warrant is false (although earlier in the morning Villa María’s Prosecutor ratified that the warrant is real and that Cositorto last known location is Dominican Rep. and Zoe’s Vice Presidente Max Batista has been seen in Amsterdam)
– dubbed himself “a democratizer of wealth” and that being the reason of being attacked by “the system”
– attacked his “enemies” and said that Zoe is unable to pay due the bad rep campaign
– attacked a non identified aide as “a traitor” and causer of the magnification of Zoe’s problems (he described that person as a “150kg maniac”)
But the highlight of the day was that two high-end cars were seized and four more people were arrested.
infobae.com/sociedad/policiales/2022/02/22/la-justicia-sospecha-que-el-numero-2-de-generacion-zoe-escapo-a-holanda/
infobae.com/sociedad/policiales/2022/02/22/leonardo-cositorto-transmitio-desde-la-clandestinidad-y-volvio-a-pedir-100-dolares-es-para-tener-un-coaching-intimo-conmigo/
Like the Dominican Republic, the Netherlands is another “do nothing” jurisdiction (see: Igor Alberts).
Generation Zoe’s executive game plan seems to be flee to countries that don’t do anything and hope for the best.
Good to see Argentine authorities are still on it.
The Dark forces in action.
Cositorto: Ok, Admin, it seems that Camilo León(another Leader and Speaker at Zoe Colombia) is ready, please allow Camilo to Speak
* Admin enables Camilo Fonseca
Camilo Fonseca:
twitter.com/BetoMendeleiev_/status/1496679010704793611?t=CpavPt6hLTTxH24oqma6MQ
XD
Although I have no idea what he said, Pharaoh costume lol.
The Pharaoh says:
Beto is the pseudonym of a guy who denounced Generacion Zoe’s elaborated scam.
Prior to that only a local anti sects activist filed a formal complain about Zoe’s cult-like modus operandi. But the bomb exploded after Beto’s coverage (including two closed accounts and death threats) of the damn thing.
The power of social media eventually caught the attention of local authorities and the NGO Bitcoin Argentina also filed a complaint.
And today’s episode of Cositorto’s crazy adventures:
He closed his speech with an excerpt of an “I love Lucy” episode.
Because these scammers need to be remebered:
Generacion ZOE – The Ponzi Bosses – Collection | OpenSea
opensea.io/collection/untitled-collection-255368728
Picking a favorite is a daunting task, three to choose from
* Rosa María (the housewife turned robotrader expert)
* Victor Camiño the mind guru alias Scammer smurf, and last but not least
* Nico Gotuzzo, the 300k a day self dubbed trader god or “Doctor Treidin”
XD
Like a Simpson episode, the joy of Sect:
clarin.com/sociedad/generacion-zoe-misa-pie-obelisco-inversores-siguen-creyendo-leonardo-cositorto_0_GrBpf8vbea.html
A victim who has all their money?
Ponzi collapses get even sadder when victims go full-blown cult mode.
The math that collapsed Ponzi schemes is universal. It doesn’t change “outside Zoe”.
Tirana Syndrome (Ponzi Stockholm Syndrome) par excellence.
If Cositorto is telling the truth, I’m rich.
If Cositorto is lying, I’ve lost all my money.
Therefore, Cositorto is telling the truth.
Cositorto is no regular Snake oil salesman, he has a track of scams and he has been perfecting this scheme. Generacion Zoe has connection with the so called “evangelical churches” Aviva Zoe is their Christian cult. In a recent interview Cositorto is playing the “Christian persecution” card, hence the “Messianic vibes”
Two weeks ago, both the Ontological Coaching Association and the Argentinian Evangelical Association tried to distance themselves from Zoe.
The worst thing about all this is that even if he is arrested by the police and extradited to Argentina, he will only get from 4 to 6 years in prison
Well mate, so it seems that Cositorto’s new strategy is to plead insanity. His presentations are no longer amusing and his speech went full conspiracy theorist: Soros, The New World Order and the system as the financiers of “Chaos”. Of course, he keeps asking for money.
The only news of the night was that he is determined to go against his “collaborators”, especially those who now appear in the media as Zoe’s victims.
The Spanish Branch of Zoe has closed after only 18 days:
informacion.es/elda/2022/02/23/elda-sede-espanola-zoe-estafa-daniel-paterna-lama-63048151.html
In other events, Victor Camiño “Master Mind” aka “Scammer Smurf” has cancelled an event in Bahía Blanca (South of Buenos Aires)
And last but not least, Generacion Zoe has already endured their first setbacks on the football (soccer) field:
– Atletico Zoe has announced that due to problems with their main sponsor (Gen Zoe) will not participate of this year’s Third division Championship.
– Andorra’s Santa Coloma denies all links with Generacion Zoe
informacion.es/deportes/2022/02/25/ue-santa-coloma-niega-zoe-gestion-club-63154608.html
– Chacarita Jr, issued a statement in which announces that
chacaritajuniors.com.ar/comunicado-oficial-5/
Colombian authorities also emited a warning about Generacion Zoe
noticieroficial.com/noticias/modelo-de-negocio-extranjero-conocido-como-generacion-zoe-no-es-vigilado-por-la-superfinanciera/317355
Funny thing thou, Team Zoe Colombia claim that they cannot pay their investors because “of problems with accounts in Argentina”
Thanks for the heads up Seba.