GoArbit execs flee to Dubai, GoFintech Group reboot
GoArbit founder Maximo Martinez has fled to Dubai.
The Ponzi schemes relocation to the MLM scam capital of the world, coincides with GoFintech rebranding and GoToken.
Although it held an office opening event back in January, GoArbit’s move to Dubai was actually initiated in late 2021.
The move sees GoArbit rebranding as GoFintech Group. As of now however, GoFintech doesn’t exist beyond branding and a placeholder website.
GoFintech Group’s website domain was registered in November 2021.
GoToken meanwhile first debuted in mid 2021:
GoArbit is a simple 200% ROI Ponzi scheme. The introduction of GoToken would appear to be the beginning of a shitcoin exit-scam.
That is GoArbit starts paying out in worthless GoTokens, owing to new investment inevitably failing to cover ever-growing withdrawal liability.
Details on GoToken are sketchy. Things get even more confusing with the launch of GoArbit Coin (GoCoin) back in January.
1.6 million GoCoins were created on January 16th. By January 20th the balance had been cleaned out to just 95 GoCoins. Whatever GoCoin was, it’s already over.
GoArbit’s current status is equally as obscure. After the January 2022 Dubai office launch event, nothing much seems to be happening.
Traffic to GoArbit’s website picked up after the January 2022 Dubai event and have held.
Alexa traffic rankings suggest GoArbit Scammers are targeting victims in Colombia (30%), Venezuela (19%) and Peru (12%).
GoArbit founder and CEO Maximo Martinez claims to be born in the Dominican Republic.
As opposed to having anything to do with business operations, Martinez’s move to Dubai is likely groundwork for the inevitable collapse.
Through limited extradition treaties and non-regulation of MLM related securities fraud, Dubai provides a safe-haven for scammers like Martinez.
For investors looking for news following the Dubai January event, things look bleak.
GoArbit’s website advises there is no recent news. GoArbit’s official FaceBook page was abandoned in September 2021. I
t’s Twitter account was abandoned in March 2020. GoArbit’s official linked Instagram account appears to have been hijacked by an affiliate.
Comments left on GoArbit’s FaceBook page suggest withdrawal problems began around September 2021. Whether they have been rectified or not is unclear.
Update 18th February 2023 – GoFinTech Group flopped, prompting Maximo Martinez to reboot again as GoArbit v3.0.
Colombia, land of Scams
semana.com/tecnologia/articulo/goarbit-inversionistas-denuncian-demoras-en-los-pagos-campanazo-de-una-posible-estafa/202228/
Uh what happened to GoFinTech Group? Did they just abandon the reboot and go back to scamming South America under GoArbit?
edit: Now I’m even more confused, GoArbit’s FaceBook account was abandoned on September 2021, just before the Dubai exit-scam and rebrand.
Are these investors complaining having only just now accepted GoArbit collapsed last year and GoFinTech didn’t go anywhere? This one is difficult for me to track due to the language-barrier.
Sorry @Oz but I forgot to answer this question.
A video of a “Crypto Investment” Channel (it is hilarious while this video is a scam warning, it also serves as advertisement for AI Genesis, another obvious bs scam) posted a recent Q/A session with GoArbit victims.
ibb.co/RPMnFCc
youtube.com/watch?v=qsy7dFufEQ4
All in all, Ronald Patiño(GoArbit “Leader”) told the community that:
– They’re working on an Audit of previous company XD, Hello, Oqubuss/DIA/IX.
– There is a new token “paired with Matic and available through Pancakeswap”. So, they’re offering two tokens now:
a) An Official ERC 20 Polygon Token with Liquidity on PancakeSwap
b) A second ERC 20 Polygon Founder Token with no Liquidity on PancakeSwap but with a exclusive Dex in order to be traded in a decentralized fashion (sic)
– The new Ecosystem will be free of charge. No monthly fee, no withdraw fee and your profit will be in your wallet in 7 days (sic)
There is more, but it was peak comedy when someone asked when are they going to be paid AND whether this project is going to fail as previous ones.
ibb.co/M89q2DG
Patiño’s face tells you everything you need to know.
This is the Official GoArbit Youtube Channel( created on 2021)
youtube.com/@yosoygo6262
And there is a fairly recent (a month ago) Maximo Martinez video. Stay tuned…
So basically GoFintech Group is dead and GoArbit has been rebooted as Ponzi shitcoin factory.
Thanks :D.
Yw.
As a matter of fact, here there is another video of a guy telling his subscribers that “The money is gone! GoFintech is not going to pay”:
youtube.com/watch?v=nSETkzqgEw0
The owner of that channel seems to be another “Company/Business hunter” (plain and simple one of those “hey guys this company is still paying” crypto influencers) and presented the video with a full screen disclaimer that he “only presents business opportunities and it’s up to the viewer to do an informed investment decision”.
Here a few “business opportunities” currently listed on HiperMundoWeb channel:
– Genesis
– Quantio
– ShaoBank
– GoTron community
– Bybit
But in the past he was over the moon telling everyone he got his first GoArbit Payment.