Quwiex Ponzi collapses, site gone after withdrawals suspended
The Quwiex Ponzi scheme has collapsed.
Following disabling of withdrawals over a week ago, Quwiex told investors they would be resumed on April 18th.
Instead of that happening, Quwiex disabled its website and it’s now been down for two days.
Quwiex was a simple Boris CEO Ponzi scheme, headed up an actor playing “George Bennett”.
Whilst pretending to operate from New Zealand, Quwiex solicited investment on the promise of a 5% a day ROI.
On April 8th New Zealand’s Financial Markets Authority issued a Quwiex securities fraud warning.
A few days later Quwiex disabled withdrawals. Affiliates were told withdrawals would be resumed on April 18th.
On April 13th George Bennet appeared in a YouTube video, promising a “Quwiex Global” reboot on April 21st.
I could have waited an extra day, but what prompted me to call Quwiex’s collapse was a missed April 20th Zoom call.
As per the above post, which is still available on Quwiex’s official Twitter profile, Bennet was supposed to appear on an April 20th Zoom webinar.
As far as I can tell that webinar didn’t happen. Coupled with Quwiex’s website still being down, obvious Ponzi collapse is obvious.
Looking forward if Quwiex does reboot on April 21st, or even at a later date, it will be a reboot of a collapsed Ponzi.
This means that without new money, pending withdrawals will remain disabled or at best heavily restricted.
That’s typically not how the Boris CEO Ponzi factories in eastern Europe work though. Once a scheme is dumped they hire new actors and pump out a new scam.
For now consider funds invested in Quwiex lost. Any outstanding balances in the Quwiex backoffice never existed.
1. If you want to cast curses and spells on Quwiex and whoever is running it, cool. We don’t need to hear about it. I’ve nuked like four or five of these type of comments today already.
2. Threats of violence = spam-bin. Carrying on about beheadings and poisoning etc. isn’t going to get you anywhere. You got conned by an actor. George Bennet doesn’t exist and you need to accept that.
3. Anyone offering Quwiex recovery or support is looking to further scam you. Do not engage.
4. hOw Do I gEt My MoNeY bAcK? = spambin.
You invested in a Ponzi scheme and your money is gone. Sorry for your loss.
This person called George Bennett, president of quwiex, has defrauded millions of investors and stopped withdrawing from the site, claiming that the site needs maintenance, and now we have been defrauded and our money stolen.
Please investigate his situation: t.co/GPhuIPUt1w
@Waled
That link leads to a NZ shell company. All the details are bullshit because there is no verification when setting up basic incorporation.
This is why, for the purpose of MLM due-diligence, basic incorporation anywhere is meaningless.
George Bennett doesn’t exist. Quwiex has nothing to do with New Zealand. It never has.
Do we have a name for the actor?
I’ve seen social media photos of him and his wife doing the rounds. They appear to have a daughter and are of course Russian.
His wife’s name has been made public but AFAIK not his. This was when I looked into it last week, things might have changed since.
I don’t consider the actor’s wife as part of Quwiex so I’m leaving her out of it.