Wazzub still around, now a crypto Ponzi shitcoin scheme
BehindMLM initially reviewed Wazzub in 2011. Back then the company was a cliched “we’re gonna be the next Google and pay you!” type affair, which was a common enough ruse at the time.
Of course the business model flopped, leading to a transition to a failed mobile app and fraudulent virtual shares investment scheme.
By 2016 Wazzub had rebranded itself as “Perfect Internet”. This was originally a name for the failed search platform, eventually it became its own brand.
In early 2016 Wazzub, through Perfect Internet, launched Cashback Marketing. Charging $30 a pop for “marketing units”, Cashback Marketing was a simple enough Ponzi scheme.
Today Perfect Internet and Cashback Marketing have long since been abandoned.
One would figure Wazzub too has run its course but that might not be the case.
Like every other scammer out there, whoever is behind Wazzub jumped on the crypto fraud bandwagon.
Around 2019 I believe, what was left of Wazzub was funneled into the Unicorn Network.
The Unicorn Network has its own cryptocurrency, Rainbow Currency (YEM).
YEM started off as an ERC-20 shitcoin but has since been moved to TwnklChain, which at some point was renamed YEMChain.
Supposedly this is all part of SafeZone which, as far as I can tell, is a shell company tying all of this together.
Anyhow like everything else Wazzub related, nothing much happened between 2019 and now. YEM isn’t publicly tradeable and the Unicorn Network has no footprint outside of desperate Wazzub bagholders.
Fast forward to 2021 and you have Twnkl Estate and Anthony Norman moving in on a honeypot of gullible investors.
Yes that Anthony Norman (right), of Viral Angels, Angel Business Club and Wellmont Capital notoriety.
This time around Norman is playing CEO of Dragon Global Finance, a fintech themed UK shell company put together sometime in late 2020.
Dragon Global Finance is “owned and maintained” by Dragon Global Solutions, another UK shell company.
Dragon Global Solutions is registered with the FCA, through East Assets PLC.
Among other things, East Assets PLC provide a “umbrella services for startups”.
If you’re wondering why Norman has set up his new shell companies in the UK, it’s because regulation there is practically non-existent.
A transcript of a January 8th Unicorn Network webinar reveals Norman hoping to integrate his new stable of shell companies within Wazzub.
YEM has a global reach; we obviously are looking to approach members from most of the world, and we think that YEM is something that is going to drive both liquidity and substance behind YEM as well, as we bring our market making and equity services to the partnership.
In addition to his Dragon Global shell companies, Norman introduces Pernum, another faceless shell company he’s supposedly “partnered up” with.
On its own website Pernum claims to be
the official wallet provider for the digital currencies YEM, TEC, and other coins/tokens on the YemChain.
TEC is part of another fraudulent investment scheme pitched to Wazzub affiliates.
Through Twnkl Estate, Wazzub affiliates invest in “fractional owner rights”. Investment is tracked through TEC, a Ponzi shitcoin running on YEMChain.
The plan, according to Norman’s webinar feature, is to get Wazzub affiliates using Pernum wallet.
You can store your cryptocurrencies with us. We will start out with Bitcoin and Ethereum; other cryptocurrencies may be introduced over time. Especially in these times now, it is extremely important to have a stable and secure wallet for all these various cryptocurrencies.
In addition to this, the wallet can hold Equity, which means, bonds, stocks and so on.
The stock play is where we are really excited about the partnership with YEM, because we’re going to have some very exciting functionalities.
What’s in it for Norman? Well he gets access to a new host of Bridge Coin bagholders to offload onto.
an important factor for YEM is that YEM is controlling market volatility well, and as with any currency you don’t want too much volatility.
Volatility is good if you do day-trading (or any trading in general); we actually operate a hedge fund that deals with cryptocurrency, so you could think that this is a positive thing, but you want volatility within reason, you don’t want too much.
Once an asset or a security becomes too volatile, it becomes insecure.
And even if there may be a lot of upside, the larger investors (the institutional investors), avoid something that is too volatile.
This is why you see the really big institutional money going into, let’s call it, “boring asset classes”, like real estate.
So, what we have created is a very good bridge here. We have created a bridge-coin where YEM can actually be staked; you keep your YEM, but you lock it in or you exchange it for our bridge-coin, (we will be announcing the name very shortly).
By doing that, the YEM will be used to back up public equity. Right now, we are working with a number of publicly-listed companies.
They are primarily on the German market, but we are not at liberty to disclose the names at this stage, because we deal with public companies, but the plan is for this to be released on February 1, 2021, and at that time, it will all be announced to you.
This is of course all bullshit.
The “assets” Norman is talking about are Twnkl Gold Coin (TGC), Twnkl Silver Coin (TSC) and Twnkl Copper Coin (TCC), worthless shitcoins generated out of thin air.
Bridge Coin is what’s left of the CrowdBridge Global component of Norman’s collapsed Wantage One Ponzi scheme.
Getting Wazzub affiliates to invest in it through YEM lets Norman offload the worthless coins onto new victims.
This is actually a fantastic model, because it means that YOUR YEM, just by holding it, is making a yield every month for you.
So, suddenly YEM, just by holding it, starts generating you a passive income; it could be more or it could be less month by month, nevertheless, it is generating a stable income stream for you.
So, this is why we think this is such a good thing.
I suppose YEM will be cashed out on the backend, effectively double-dipping Wazzub affiliates who have to first acquire it before converting to Bridge Coin.
That’s of course in addition to bitcoin and ethereum Norman collects directly.
For a limited time on ALL Bitcoin and Ethereum deposits into the bridge coin liquidity program, we’re going to pay 20% over the current market price on a daily basis – right now at the time of this recording, we pay over 50 000 USD per BTCY.
For fiat and cryptocurrency deposits into the bridge coin liquidity program, for a limited time you are not only going to get YEM for the full value (meaning you keep your YEM), but also, you are going to get the same amount in equity tokens (100%), that will pay a dividend every month… meaning, that this keeps yielding month after month, so how nice is that?
This is all coordinated through Pernum Wallet, and so Anthony Norman’s new circle of endless shell companies for 2021 is complete.
Well, until the whole thing inevitably collapses like Wantage One again.
As of January 30th, whether Pernum Wallet will still be used appears up in the air.
Speaking on a January 30th Unicorn Network webinar, Norman advised investment was now being coordinated through his Likquid exchange.
Likquid was part of Wellmont Capital. In case you hadn’t caught on, Norman likes to run his various scams through dozens of black hole shell companies.
The Jan 30th webinar also details Lottefree, an illegal unlicensed YEM token lottery.
Supposedly Anthony Norman’s integration into Wazzub will kick off on February 15th.
At the time of publication visitors to Wazzub’s website are from the US (25%), Australia (18%) and Russia (13%).
Neither Wazzub, any of its shell companies or any of Anthony Norman’s shell companies are registered to offer securities in any of these jurisdictions.
Stay tuned as we cover the inevitable collapse and sorry for your loss.
I’m a holder of YEM (Several Million Units) and I wonder – “How come these guys aren’t in prison?”
Because they haven’t been criminally charged by any authority. Duh.
Only haters can say such kind of staff… Yem is real and it’s the new gold.
So, how big are the bags you’ve been left holding?
If indeed its true, then this will be the biggest, long living and well planned crypto scam the word as ever had.
However we have until the end of April to prove you right or disprove you.
The money isn’t there. Longevity aside Wazzub has only taken off with low-hanging fruit in the third world.
I know what it takes to build something from scratch.
The fact is as of today we all know how blockchain technology works and YEMchain is one of the best blockchain tech we have,
You are late as of now to paint rubbish about the YEM project ..everything is real.
We all know how ponzi schemes work ,, you have to pay in for something but with safezone opening an account is free of charge ..then what ponzi are you talking about??
Dont waste your time , you cant pull this project down as of now ..it is bigger than you can expect .
YEM is a big project lol and its gona eat everything just keep your eyes on the ball.
The one where YEM is not publicly tradeable. And shills such as yourself cash out and steal the money of those who invested after you.
Remember when Wazzub shills thought Perfect Internet was going to be the next Google? Lolololol.
Well its now June and we have already started getting dividends for our yem liquid staking as u are wasting ur tym here posting nonsense..
and besides everyone noes that yem foundation is registered in UIA united nations.. and all the other related companies.. just look on and speak ur bullshit as we take over the world.
Dividends? Lemme guess, you got more worthless backoffice yem tokens?
You ain’t got dividends son, you got conned out of your money.
Also no idea what UIA united nations is but positive it has fuck all to do with Wazzub jumping on the crypto fraud bandwagon. Sorry for your loss.
Future victim here,what a derp.
Thanks for all that. How so shadows scam companies to follow the biggest crypto scam of the world.
Yes, that is typical of Anthony Norman!
Through his eloquence and rhetoric he makes innocent people believe in his scams.
In fact, he makes you his fans and promises you: “This will be bigger than anything ever before”.
The same thing happened to me with CBG then integrated in WantageOne and Likquid, then integrated in HydraClub.
The end of the story was 3 lost bitcoin. And hundreds of others have had the same thing happen. This is how Anthony’s scams works.
So guys, no matter which scam of Anthony’s it is, you will pretty much realize after a year that it’s all a scam.
That’s how long it usually takes for his scams to blow up.
So wake up and either don’t invest at all, or pull your money out as early as possible!
And please never use all your money.
Many of you will not believe me today, but all of you will agree with me in a year at the latest.
P.S If names like Kenny Nordlund, Hans Pasveer, Udo Depppisch, Kari Walroos, Torben Pedersen, Martin Bylsma should appear, then bring your money immediately in security.
An excellent detailed review of what these great scammers are capable of, who have come from the hand of the current TCU President, who has filled his pockets and laughed for many years behind us …
Dan Settgast (Chairman of the managing board (CEO) TCU, dansettgast.com). Anthony Norman is not a partner who fell from a parachute.
It is necessary to count how Mr. Settgast has done to acquire the package of actions of the present company of him, next to his faithful collaborator of team Catherine Konopaske -Member of the managing Board (COO), alias Cate. The list is quite long if we go back 11 years.
I also remind you that currently, when things are almost on the verge of exploding, surprisingly the offices of Unicorn Network moved to Dubai, current paradise of cyber crime.
Well, if all the above is true, I guess we YEM holders don’t have much left!
I just noticed this AM that the price of YEM has dropped to $0.01/YEM.
last time I had checked it was $6.40 plus per YEM!!!
So I have to assume that my 3,500 $Factor is just as worthless as my YEM!
we have not been paid any Profit Share since 2017!!!
YEM is now over 6,4$ (0,01$ was only for some hours, due to backup managing…), and for me the best is yet to come! 😉
Does it matter when Wazzub sets the internal value of its Ponzi coin?
Well u said let’s wait for April and see.We are now in August. And the world equity expo exchange has taken these shitholes by surprise.
Tell me did you expect it?..Our likquid has started trading and its on high demand by large companies you can’t even imagine.
Well success spreading your nonsense as we enjoy the fruits of our investment. GOOD REDENCE.
Yeah it’s August, and still nobody outside of Wazzub’s assembled illiterate investors care about its shitcoins.
There are no “large companies” on board. And even if there were, legitimacy via association isn’t a thing.
Sorry for your loss.
Yeah I googled, didn’t find any company, let alone a large one, sorry dude.
Any speculative purchases like this would need to be published and approved by majority shareholders.
Anthony norman is a scammer.
You think everything is on the right way with DragonGlobal? Check the letter from Unicorn.
You can also check the WEE Wallet via Etherscan….all coins are “shitcoins”. Useless now and also useless in the future….
Thanks Oz for you research!
And again he is ripping of the poor minded people. With help from the same Compagnons as before.
He even has people who translate his shit webinars into German and France.
He is going into new markets where he is not know as well as in Germany or Austria.
You forgot his big scam with Stratevic AG.
He pumped and dumped this stock until the end. From 300Mio to 2050Mio shares at the end.
With this AG he startet the Bytemine Token (was never tradeable anywhere, people who invested lost everything).
Then he started with bankt and later he launched likquid.
Parallel to his Wellmont Capital (Wantage One) scam which used all the same Trading AI so called “Albi” developed by “BTT” Blocktrade Technologie. A company that went bankruptcy (how if the Trading AI is sooo good?).
You can find a summarie of his scames here: anthonynorman.de/
Beforce launching YEM (Rainbow Currency), some german fellows startet catching money with a company called PT Capital (PTC). The company was based in vanuatu.
After failing “traiding” and massiv looses (we know, that is all fake), they gave all there customers the YEM Currency as a damage payment.
There was a men and a women from bavaria (germany). So they are involved in the scam! And now, the great yem is nothing then shit.
This men and women filled there pockets with money from customers, and they never seen some money. And with that shitcoins, they cant get any money back.
I have adress of one guy based in bavaria. I know about his german companys.
Beware of scammers like this!
What happened to Likquid and Dragon Global Finance and Pernum?
Cant find anything “new” since November 2021….
They’re all still chugging along, mostly duping gullibles in Saudi Arabia.
Probably why you haven’t found anything.
In Saudi Arabia? Isn´t that dangerous for them? This sheikh´s don´t like to be fooled. I hope they get him!
So Norman started the next company in UK. Incorporated on 16 February 2022. EQT GROUP PLC, Company number 13919812.
So the scam is going on.
Where is this “James”.
Gone like/with the money of the investors.
And? Any new information? Is it possible that People still Belive that they are millioners?
There at people that believe in flat earth, any stupidity is possible.
Ok 😉 But there are any new confirm information?
No. Money lost in Wazzub over the years is still lost.
That’s not going to change.