OmegaPro initiates PulseWorld XPL token exit-scam
OmegaPro appears to have reached critical mass.
Following a bonus investment promotion, the Ponzi scheme has now rolled out its own crypto token exit-scam.
Rather than be honest about owning it, OmegaPro frames its Pulse Token as a partnership with Pulse World.
Pulse World has been created through Pulse, a failed crypto project run by crypto bro Mehdi Cherif.
Launched in January 2022, Pulse originally intended to be a crypto music streaming platform through Pulse Music.
A disclaimer on Pulse World’s website suggests Pulse also did or intended to offer gambling;
By accessing any betting, gambling and casino (“Gambling”) Services on our Platform, you acknowledge that there is a high risk of losing your funds due to the nature of such services.
Following acquisition by OmegaPro (the specific financial arrangement hasn’t been disclosed), Pulse World has now jumped on the metaverse grift bandwagon.
It’s the same schtick every other MLM crypto Ponzi has used. Buzzwords, pretending VR is some revolutionary business idea – all to get you to invest and keep the gravy train rolling.
Technology wise XPL is a worthless BEP-20 shit token. These take a few minutes to set up at little to no cost.
Both Pulse World and Pulse Token (XPL), mark OmegaPro’s transition from forex securities fraud to full crypto securities fraud (OmegaPro has always solicited investment in cryptocurrency).
This transition sees OmegaPro now offering 320% returns on XPL token investment.
OmegaPro is selling XPL token investment packages for between $100 and $50,000.
The official pitch is invested in XPL tokens are locked away for 16 months, paying a return of 0.246% to 0.329% a day.
All of this hinges on “number go up”…
…which isn’t going to happen long-term because nobody outside of OmegaPro gives a crap about another Ponzi shit token.
Historically we’ve seen this time and time again when an MLM Ponzi launches their own token, hence the initiation of OmegaPro’s exit-scam.
XPL investment only pays returns in XPL tokens, which costs OmegaPro nothing to generate out of thin air. No word on the forex investment plans transitioning over to XPL payouts. That’s coming if it hasn’t already been implemented.
The exit-scam kicks in when new investment dries up and OmegaPro’s ROI liabilities, which grow exponentially over time, are such that a collapse is triggered.
At that point bagholders, i.e. OmegaPro affiliates, are left holding a Ponzi shit token they can’t do anything with.
Other recent OmegaPro developments include a debit card, obtained through an unnamed dodgy merchant.
The VISA cards have been rolled out to OmegaPro’s top investors and recruiters, making it easier for them to withdraw what’s left of invested funds.
The shell company and dodgy merchant OmegaPro are defrauding VISA through remain unclear.
The latest MLM industry figure to fall for Dubai Ponzi money is A.K. Khalil.
Coming over from Jeunesse (which seems to be a recent trend as rumors of an ACN acquisition swirl), Khalil signed on a OmegaPro’s COO “a few weeks” ago.
Khalil joined Jeunesse after his own MLM company, Cloud 9 Life, flopped in 2021. Khalil’s stint as Jeunesse’s President Of Global Field Development lasted just under a year and a half.
Khalil, who claims he’s “not that smart”, has been in MLM for twenty-three years. Intelligence aside, that’s long enough to know OmegaPro is a Ponzi scheme.
Khalil describes OmegaPro, a scam in which the majority of investors will inevitable lose money, as “the greatest opportunity before us today”. Times must indeed be tough.
Khalil joins Eric Worre and Les Brown in sabotaging their personal and professional reputations for a quick buck.
OmegaPro’s XPL token has been introduced following a 30% reduction in website traffic over September and October 2022.
For an MLM Ponzi scheme this coincides with a reduction in new investment.
To that end, OmegPro XPL token investors are capped at withdrawing only 10% of the daily ROI paid out. Presumably existing forex investment plan withdrawals have also been limited.
With respect to regulation, OmegaPro is operated from Dubai by Andreas Szakacs (Sweden), Mike Sims (US) and Dilawar Singh (Germany).
Dubai is the MLM crime capital of the world, so don’t expect any regulation there.
To keep the Ponzi going for as long as possible, OmegaPro avoids the US and focuses on scamming third-world countries.
SimilarWeb currently tracks OmegaPro pillaging Columbia (42%, down 34% month on month), Argentina (18%) and Mexico (8%).
OmegaPro recruitment in France and the Netherlands (Igor Alberts notwithstanding), appears to have collapsed.
Outside of Dubai OmegaPro has caught the attention of financial regulators.
Thus far OmegaPro has received securities fraud warnings from Peru, Congo Republic (multiple arrests), Spain (two fraud warnings), Mauritius, Argentina, Colombia, Chile, Nicaragua, France (added to fraud blacklist twice) and Belgium.
Update 30th December 2022 – OmegaPro has completed its collapse exit-scam. A reboot through Broker Group has been announced.
I haven’t seen people sabotaging their personal and professional reputations this hard since Zeek Rewards (Troy Dooly, Gerry Nehra, ANMP etc.).
Between “big money” and “reputation sabotaging”, they made their choice.
What a shit show OmegaPro is .. thanks for the article!
I knew quite early that this is probably going to be one of the biggest scams in MLM history! Thanks for the article.
“El Comandante”* Alexander Hernandez CEO (sic) of IXInversors/DIA/Hyperiuncap/Oqubuss allegedly lost hundreds of thousands of his investors’ money with the original Omegapro. Rumor has it that this “maneuver” precipitated the fall of his scam.
* Hernandez is a police officer discharged for fraud.
EDIT: The Ecuadorian Superintendencia de Bancos also issued warnings about his scam
superbancos.gob.ec/bancos/listado-de-entidades-no-autorizadas-a-operar-en-el-pais/
All these scams have been listed by Superintendencia de Bancos:
* OMEGA PRO
* OMEGAPRO ECUADOR
* OMEGAPRO PIFO
* Omega Pro Trading Ecuador
* OmegaPro Manta Ecuador
* OmegaPro Inversiones Ecuador
* Inversiones Omegapro
In france , 3 big scammers continue to develop this biggest scam.
It’s Antony Valentimo from Ariix, Fabien Da Cunha ex leader on worlsventures and Julien Mizzon from ACN !!
They know it’s a scam but they disburse their back office by accepting transfers from customers to their bank account! It is clearly organized money laundering with also Miss Justine Swickaert!!
All deserve prison and to be BANNED FROM MLM FOR LIFE!
In Italy Stefania Logatto and her husband Danien Feier are promoting this scam together with Eric Worre.
They are now targeting Brazil as main field to continue with the scam. Also Marcel Szajubok former Jeunesse and Embelleze join the corporate team.
The GM of Latin America, Mr Reynoso gave clear instructions to the leader: focus must be in Brazil now.
Omega pro have also moved to Nigeria, a third world Country. They have brain washed my people.
Eric Worre really disappointed me. I practically admire this man. Thanks for sharing.
You can cancel your memebrship at omegapro and refund 70% of your investment.
This is what i did since september but i didn’t receive funds.
Seems to be correct as they fly in a lot of their former leaders (who abandoned Jeunesse before) to show them the new deal.
Stefania wrote one her FB wall “Change is hard at first, but it’s worth it”
I would add “and we don’t care it ruins our reputation, it’s al about money for us anyway.”
Omegapro members can’t collect their money (due every Monday).
officially, Omegapro is saying there is a security upgrade due to the recent hacking attempts. LoL.
The clients are now very scare and are panicking.
god knows whom to trust now.
Neither god or trust have anything to do with OmegaPro being a Ponzi scheme.
Look at the business model. Look at the securities fraud.
MLM due-diligence isn’t rocket science.
and how to endorse the attitude of businessfromhome and its leader who constantly promote this company OMP….
Mr Ted nuyten is also a great friend of the OMP founders and of igor alberts (it is moreover igor alberts who is the REAL owner of the business from home website).
This site is a real rag for the profession.
I don’t think anybody except the scammers in the Ponzi schemes shilled on BusinessForHome endorse the content.
Your best bet is reporting Nuyten and BusinessForHome to the SEC. As soon as money changes hands there’s potential “conspiracy to commit X” charges possible.
Dutch authorities are useless when it comes to MLM related securities fraud. They’re ranked slightly above Dubai’s corruption only because they will take action when counterparts from another country demand it (e.g. Estonia and DagCoin).
After reading your article I completely understand that you are baised, all the people like eric worre, John c Maxwell, Jordon Belfort, Les brown, eric Thomas and moreover 3 million people all over the world are fool and ony you are clever.
Yes I know the grapes are sour but Omegapro already changed the life of millions of people across the world.
This is not a scam but the next generation thing. You will understand it few years letter. love.
BehindMLM is absolutely biased against fraud. And I make no apologies for that.
Legitimacy via association isn’t a thing. OmegaPro is a Ponzi scheme because of it’s business model.
How many suckers invest or which clowns endorse it is irrelevant.
You don’t sound particularly bright. Sorry for your loss.
King,
If Oz is biased, then Oz is in some remarkably good company. And a simple google search of Omegapro and the word scam brings up pages that highlight “concerns” with regards to the model – including multiple jurisdictions issuing securities fraud warnings.
Just out of interest, how much have you lost – sorry, invested – in this?
So they put the token on an “exchange” today, I looked at the “exchange” and the website launched yesterday (what a coincidences lmao).
Site: tokex.pro/en_US/
Token: tokex.pro/en_US/newTrade/XPL_USDT?type=spot
Looks like the initial pump phase is well under way.
I suppose we’ll have to wait for OmegaPro investors to first be paid in XPL and then move to withdraw before the dump happens. Unless of course insiders have already received XPL to dump.
My money oo.
Did anyone notice that Tokex exchange is located at the same place as Pulse back office, and the web sites were both designed by the same person ?
There is a direct connection between Pulse and Tokex that is looking very suspicious.
Tokex domain name was registered 12th nov 2022, and the site Tokex was “online” several days ago.
It seems Tokex has been created just go give a appearance of legitimacy to Pulse.
ibb.co/HqZ68kQ
It’s much cheaper to whitelabel for your Ponzi ruse then it is to hire developers.
Even when you higher developers things may not work out (see: OnPassive).