Trillant Ponzi collapses, withdrawals disabled
Erich Ely’s Trillant Ponzi scheme has collapsed.
In a December 27th “important notice” posted on its website, Trillant advised investors withdrawals have been disabled.
Trillant’s exit-scam ruse of choice is a “compliance review”.
We are currently undergoing a compliance review due to negative reports in the media.
Our lawyers are working intensively on the matter and are in direct contact with the relevant authorities.
All details are currently being thoroughly examined. As soon as we have the results, we will inform you immediately.
Due to this ongoing legal review, we are temporarily forced to take the following unfortunate steps:
-Deposit of Litecoin or Bitcoin to activate new add-on packages is paused
-Payout of Trillon and Trillon External on XT.com will be paused
-Profits on the staking of Trillant and Add-On and the associated commissions are paused
Trillant’s collapse follows news of a German fraud investigation back in July.
Trillant was a simple MLM crypto Ponzi, utilizing the common “staking” model.
Total Trillant investor losses are unknown but the majority of victims are believed to be from Germany and Switzerland.
As of November 2023, SimilarWeb tracked ~68,000 monthly visits to Trillant’s website. Top sources of traffic were Germany (30%), Switzerland (29%) and Poland (11%).
Ely launched Trillant following the collapse of Paraiba World in late 2022. Launched in 2019, Paraiba World was Ely’s first MLM crypto Ponzi.
Germany, Austria and Switzerland issued Paraiba fraud warnings. Unfortunately until the Trillant investigation in 2023, no further action was taken.
As of December 2023, the German investigation has expanded to include Trillant. German, Swiss and Austrian authorities are reported to be investigating investment fraud and money laundering.
Public Prosecutors believe football club DSV Leoben was central to laundering Paraiba World investor funds. Twenty suspects across Austria, Germany and Switzerland have been identified.
Ely himself is a German national. Rumored to have fled to Dubai, following Trillant’s collapse Ely’s current whereabouts and status remain unknown.
Huh I’ve been in paraiba and trillant since they started. . Paraiba never went under as it just changed names to trillant and all our finds snd everything transferred over to trillant.
And if everyone would just have patience with what’s going on and not turn everybody in for something that hadn’t happened yet this company would still be going strong.
I was being paid 1400.00 a week like clock work till this came up. So I don’t know where the ponzi came into effect.
Anyway I’m not panicking yet as we just had another correspondence from trillant a couple days ago. We do know that a couple of Eli’s partners ran off with a few million.
Maybe that’s what people are arrested. And I hope they are. But everything in the site is as was. And the way it sounded was that things are going good with the review. So I guess we will see what happens.
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First MLM crypto Ponzi? Sorry for your loss.
That’s not how companies work.
You’ve made it obvious you don’t understand how Ponzis work yes.
Also not how it works.
Lolol standard ponzi scammer excuses.
Hopefully you will continue to out scammers like Ed Zimbardi, Erich Ely, Scott Morris, Michael Zavits, Wayne Nash, Mike Dwyer, Jim Wear, Tara Hirshberg and any other scumbag promoters. Keep up the good work.