iX Global Review: Securities fraud hidden behind edu platform
iX Global launched last year and is headed up by co-founders Anita Davis (COO), Helen Boyle (CCO) and Joe Martinez (CEO).
On iX Global’s website Martinez is presented as the sole founder of the company. Davis and Boyle appear in the customer testimonials section, which is disingenuous seeing as it’s their company.
Prior to co-founding iX Global, Joe Martinez (right) was promoting Kuvera Global.
Kuvera Global is/was part of Investview, who have been openly committing securities fraud in the US for years.
After multiple collapses the scheme finally fell apart early last year. Kuvera has since rebooted itself as iGenius.
iX Global’s website domain (“ixglobal.us”) was registered in January 2020, one month prior to the official collapse.
Helen Boyle also appears to have been a Kuvera Global affiliate.
Other than her abandoned motivational videos YouTube channel, I wasn’t able to find anything MLM related on Anita Davis.
That said, Kuvera Global seems to be the common link between the three.
Update 23rd February 2021 – It appears prior to IX Global Anita Davis was involved in “IGOnline” (Dec 2017 – Dec 2019).
As per an IGOnline investor, IGOnline marketed an “forex automation service”.
The Facebook group IGOnline was renamed IX Global UK in March 2020:
As far as I can tell, IGOnline appears to be the precursor of IX Global. /end update
Both Boyle and Davis are based out of the UK. Joe Martinez is from the US.
iX Global doesn’t provide a corporate address on its website. iX Global’s website terms and conditions however state:
all aspects of the Website and Company Services shall be governed by and construed in accordance with the internal laws of the State of Utah.
Read on for a full review of iX Global’s MLM opportunity.
iX Global’s Products
iX Global market an app-based personal development platform.
iX has created a platform that will help you innovate and transform your life.
Our platform utilizes some of today’s latest trends and then we weave those trends together with good old-fashioned principle centered development (in every or any area you are looking to develop).
Access to iX Global’s platform is
- $124.99 a month for Basic
- $145 a month for Pro
- $174.99 a month for Premium (affiliate membership option)
Quarterly billing cycles are also available.
Addons available include:
- a hosted account for $19.99 a month
- a hosted account plus iX Alerts for $39.99 a month
- Alerts Pro for $19.99 a month
No information about iX Global’s add-ons is provided.
I should point out that the above data is based off of iX Global’s current website.
A marketing video uploaded to iX Global’s official YouTube channel on February 9th suggests all three membership tiers provide affiliate membership:
iX Global’s Compensation Plan
iX Global do not provide a copy of their compensation plan on their website.
The following analysis has been put together from iX Global’s “iX Global Ambassador Program” video.
This video was uploaded to iX Global’s official YouTube channel on February 9th.
iX Global Affiliate Ranks
There are eleven affiliate ranks within iX Global’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Active – sign up as an iX Global affiliate and recruit and maintain two personally recruited affiliates
- Student – maintain two personally recruited affiliates and generate 1000 GV a month
- Apprentice – maintain two personally recruited affiliates and generate 2000 GV a month
- Coach – maintain two personally recruited affiliates and generate 5000 GV a month
- Executive Coach – maintain two personally recruited affiliates and generate 10,000 GV a month
- Influencer – maintain two personally recruited affiliates and generate 25,000 GV a month
- Regional Influencer – maintain two personally recruited affiliates and generate 50,000 GV a month
- Global Influencer – maintain two personally recruited affiliates and generate 100,000 GV a month
- Master Influencer – maintain two personally recruited affiliates and generate 250,000 GV a month
- Presidential Influencer – maintain two personally recruited affiliates and generate 500,000 GV a month
- Elite Influencer – maintain two personally recruited affiliates and generate 1,000,000 GV a month
Personally recruited affiliates must have an active subscription and be placed on on each side of the binary team.
GV stands for “Group Volume” and is typically calculated as total downline sales volume.
Recruitment Commissions
iX Global affiliates are paid an undisclosed percentage of fees paid by personally recruited iX Global affiliates.
The example provided in iX Global’s marketing video details a $15 commission paid on recruitment of a Pro tier affiliate.
This equates to 10.3% of fees paid.
Recruitment commissions are paid monthly, as long as recruited affiliates continue to pay fees.
Residual Commission
iX Global pays residual commissions via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.
At the end of each week iX Global tallies up new membership volume on both sides of the binary team.
Residual commissions are paid as 10% to 20% of volume generated on the weaker binary team side.
Specific residual commission percentage rates are determined by rank:
- Actives earn a 10% residual commission rate capped at $300 over a rolling 4 week period
- Students earn a 10% residual commission rate capped at $500 over a rolling 4 week period
- Apprentices earn a 10% residual commission rate capped at $2000 over a rolling 4 week period
- Coaches earn a 10% residual commission rate capped at $5000 over a rolling 4 week period
- Executive Coaches earn a 10% residual commission rate capped at $10,000 over a rolling 4 week period
- Influencers earn a 15% residual commission rate capped at $25,000 over a rolling 4 week period
- Regional Influencers earn a 15% residual commission rate capped at $50,000 over a rolling 4 week period
- Global Influencers earn a 15% residual commission rate capped at $100,000 over a rolling 4 week period
- Master Influencers earn a 15% residual commission rate capped at $250,000 over a rolling 4 week period
- Presidential Influencers earn a 20% residual commission rate capped at $500,000 over a rolling 4 week period
- Elite Influencers earn a 20% residual commission rate capped at $1,000,000 over a rolling 4 week period
VIP Bonus
The VIP Bonus is a four-week bonus tied to downline membership fee volume.
There are six VIP Bonus tiers:
- VIP 100 – generate 360 GV and 360 PEV a month and receive $100
- VIP 500 – generate 1170 GV and 1080 PV a month and receive $450
- VIP 1000 – generate 3600 GV and 3600 PEV a month and receive $900
- VIP 2000 – generate 10,800 GV and 10,800 PEV a month and receive $2000
- VIP 4000 – generate 22,500 GV and 22,500 PEV a month and receive $4000
- VIP 8000 – generate 45,000 GV and 45,000 PEV a month and receive $8000
PEV stands for “Personal Enrollment Volume”. PEV is typically sales volume generated by personal recruitment.
I’m not sure if that’s the case with the VIP Bonus.
Finally there’s also an unexplained “MAU” column:
I think this might pertain to the maximum volume permitted from any one unilevel team leg but can’t say for sure.
Apologies for the deficiencies but without actual iX Global compensation documentation this is all that’s out there.
Joining iX Global
As per a February 9th marketing video, the purchase of any of iX Global’s platform memberships will provide affiliate membership.
- $124.99 a month for Basic
- $145 a month for Pro
- $174.99 a month for Premium
The primary difference between the membership options appears to be how much you can dump in iX Global’s passive trading opportunity.
Conclusion
iX Global markets itself as an education platform.
Every year we release a free 60 to 90 minute Masterclass where an iX coach guides you through a powerful transformational principle. Classes are free to attend. Watch to connect with great mentors and learn about upcoming events.
What you won’t find discussed anywhere on iX Global’s public facing website, is its passive investment scheme.
Note that the video above is “unlisted”. iX Global tightly control promotion of their passive investment opportunity.
In this sense iX Global is nothing more than a clone of Kuvera Global’s various fraudulent investment schemes.
It’s the usual nonsense, AI trading bots, make money while you sleep etc. etc.
Alone there’s nothing illegal about automated trading. When you provide a passive investment opportunity through an MLM company however, it constitutes a securities offering.
iX Global is not registered to offer securities in the US, UK or anywhere else in the world.
Securities fraud is illegal, hence the secrecy around iX Global’s hidden investment opportunity.
There is an emphasis on iX Global providing a “self managed account service”, however reliance on an undisclosed third-party bot means nothing is in fact self managed.
Be it through your account or theirs, you’re still pooling funds under the control of iX Global (“a common enterprise), on the expectation of an advertised passive 5% to 30% monthly return.
No matter what you add to that or how you phrase it, that’s an investment contract as per the Howey Test.
The rest of iX Global’s compensation plan is pyramid recruitment. Pay a fee each month and get paid to recruit others who do the same.
As with Kuvera Global, fraudulent investment schemes don’t last. They’re either shut down by authorities or collapse when recruitment inevitably dries up.
And as with all “but they can’t touch our money!” investment scams, there’s also the possibility of a rigged trades exit-scam.
However it plays out iX Global won’t end any differently to Kuvera Global, only this time Joe Martinez and friends won’t be left holding the bag.
You will.
On mobile, pictures end up inline rather than off to the right, which put Martinez’s face immediately below Boyle’s faux “testimonial.”
It’s pretty amusing to see “…enhance and develop my mind, body and soul through gentle guidance and support” right above Martinez staring into the camera with an expression that says, “just gimme your damn money.”
Ridiculous scam being promoted all over social media by actors claiming to be investment professionals.
Shouldn’t be long until IX burns into the ground now and they all lose their money.
Boyle and Davis are scammers of the highest order with zero financial knowledge.
Review updated with information about IGOnline.
Thanks for putting this out. I have a lot of sheep friends who got pulled into this, and now they are making these hilarious live videos on social media trying to promote IX Global.
Tried so hard to look for some kind of facts about this IX Global which ensures financial freedom and all that goes with it.
(Ozedit: derails removed)
I m with IX for a while now & have been earning handsomely. what about you?
the POST about IX Global UK facebook page is also a morphed image…
Nobody cares about your securities fraud earnings. bUt I’m GeTtInG pAiD! isn’t due diligence.
Like fuck it is. Anyone can go to facebook.com/iXglobalUK/, scroll down to “page transparency” and click “see all”.
If you want to after readers instead of addressing IX Global’s securities fraud, your comments will be marked as spam. Try harder scammers.
@OZ rubbish there is no such thing in IX Global Uk website.
Nobody said there was.
Herp derp.
Hey u idiot Oz… U don’t have the guts to speak real things… There is no such fraud being committed by IX Global.. it is completely legit platform & Registered in India with Ministry of Corporate Affairs.
The company itself is registered in Utah, USA.
why are you crying foul over something you don’t know about.
There is no crime in what they have done & will continue doing.
Their Services include Training in Marketing, Forex Manual, Forex Automation, Binary Markets, Travel discounts/cash back on bookings, Health & Fitness..
What in the above services is illegal for you…
& @Keith what do you know about financial markets that you calling IX team & co founders as fraud? Cry baby.
You yourself have zero knowledge about financial markets & you have the nerve to call Helen & Anita as scammers..
I think you are one of those idiots who never wanted to try something new but always running around calling every good opportunity a scam.
Hey Anonymous,
If you are so confident of what you claim, why not use your actual name when posting here?
Education being offered to hide a ponzi is as old as the hills.
And since one of the founders has a history of doing things not so kosher, it is pretty hard for a leopard to change its spots, and I quote from above:
Kuvera Global
Closed down, gone and money disappeared.
Oops.
Butthurt scammer meltdowns == always funny.
Obviously more than you do or you wouldn’t have joined this in the first place. You would have known it was a Ponzi.
So much for what you know about financial markets.
@Anon
Securities in India are regulated by SEBI. Basic shell incorporation is meaningless.
Again, basic incorporation is meaningless. Securities in the US are regulated by the SEC.
Securities fraud is illegal the world over.
Read the review.
Bunch of scammers that are all from Wealth Generators and Kuvera.
Jo Martinez, Helen Boyle and Anita Davis all from Kuvera FACT!!!
Kuvera just stole peoples money with their ponzi mining and trading FACT.
Same crap here, Helen Boyel even call herself a policewoman with England Manchester police, are the police allowed to promote ponzi schemes, they tell lies about themselves to make look good and lure people in to their scheme.
Anyone that falls for this garbage needs to see a doctor and quick.
HATERS GONNA HATE! (Ozedit: derails and abuse removed)
iX Global has a legitimate platform that provides services, products and education within many industries. E-commerce, Financial, Automation, Travel, CBD, Downloadable Social App, Health and Wellness, Credit….ETC, NO LAWS HAVE BEEN BROKEN.
And if anything these founders, Joe Martinez, Paul Barlow, Miguel Rodriguez, Ozzie Tomas, Viraj Patil, Helen Boyle and Anita Davis have achieved more success with their thumbs than you have with your “SUPERHERO” misleading BS that you do.
Quit knocking real people, with real transparent goals who are helping over 50,000 worldwide, named as top 3 Direct Selling Startup company of 2021 and nominated as top 100 in the industry all under 1 year…… experience and discipline wins. This company was made by the people for the people, get your facts straight.
Kuvera is still around, just re-branded apparently under I-Genius.
That very well may be but the issue, as pointed out in the review, is iX Global committing securities fraud. Which you conveniently failed to address.
Maybe a little less “haterz” and a bit more comprehension hey?
@Oz there is no securities fraud u fucking idiot… Trading in Forex is Not FRAUD… U r fucking mindless… Always talking bullshit crying fraud fraud…
Ix Automation works wonders.. & this is a fraud… Why don’t u go & lodge a complaint with relevant authorities… Let’s see what shit they throw at ur pathetic face.
Also let’s say I agreed all of these IX Founders worked for Kuvera.. okay so what? So if a company goes through losses & their employees & distributors leave & do something else … That’s a fraud?
Do u know what’s a fucking Ponzhi? Money circulation without any product…
In Ix Plan there is no such compulsion to do so…u dont have to recruit anyone..Forex Automation & Manual Trading Analysis gives enough option to earn.
Also it has ventured into Indian Equity Market? That’s a fraud too? Giving analysis is not fraud u fucking shit…
Just don’t cry over things you dont know about.
No it isn’t. But offering passive returns through an MLM opportunity, as IX Global does, is a securities offering.
Neither IX Global or its principals are registered with the SEC. Securities fraud = illegal.
I never said IX Global’s founders worked for Kuvera so you’re on your own there.
False. A Ponzi scheme recycles newly invested funds to pay returns.
Whether you personally recruit new investors to steal from in a Ponzi scheme is irrelevant. They are required to continue paying returns.
“Forex automation” = securities offering. If ROI revenue was truly generated via forex trading, IX Global wouldn’t be committing securities fraud and operating illegally.
Dunno and unless you have audited financial reports to back up your claims, don’t care.
MLM + securities fraud = Ponzi scheme.
@Oz so here is my challenge to you.. (Ozedit: snip, see below)
Not interested in stupid challenges, thanks. I believe we’re done here.
rNetwork, a sad and sagging bizopp which has been covered on this site, announced a partnership with IX Global.
Via a Jeremy Jenkins video:
youtu.be/ex6L_5E86rM
^^ I had an email about this. Was on my “look into” list for later today. Thanks.
Ix global is a complete fraud..they fraudulently take your money on renewal every month without your consent.
They have access to you account from back end.. it’s a total fraud..
ix will collapse very soon and these promoters including India’s Viraj patil will abscond.. Viraj patil is a fraudster.
If it was so successful then you could have 1lac members in your bunch but you cannot exceed more than 15000.
people joining burning money exiting, the bosses made money, it’s a network marketing, few win few loose but probability is 20 win 80 loose.
if you see their Instagram they will never share who lost the money, how much loses they made, they only show dreams and collect money. ScAm SCAM SCAM.
Hi everyone can anybody tell me how stop this all nonsense in india?
i was member of ix global loose my 40000 because of my wife. every month they renewal money without our consent, and it purely working on MLM based.
i don’t thing the education of Foreign exchange trading is enough they teach u only basic.
i dont thing there automation work for last long, i worried about poor indian people ran behind this big fraud in this pandemic.
Trading foreign exchange withour SEBI is illegal in india. Please someone guide how to stop this all nonsense in india.
Joe Martinez is a US resident. Securities in the US are regulated by the SEC.
All are talking about ix global but nobody talk about tp global because all over money of ix global member deposit in tp global broker in india.
In Case Anyone having legal complaint or Suggestion regarding IX Global LLC & IX Global Academy Private Ltd.
Please Inform On
Go To.
pmopg.gov.in/pmocitizen/Grievancepmo.aspx
Fill Your Details
Then Select Your Category
In Case Suggestion So Select Suggestion/ Feedback
In Case Suggestion So Select Financial Fraud / Scam
I Am only helping peoples and making aware about public grievance system no intent to defame anyone so please don’t send just legal notice to make anyone threat.
Can any one help me with more details of ix global is real or fraud?
If you’re too lazy to read the entire review at least read the title. It’s right there.
IX Global UK closed down and Anita Davis / Helen Boyle done a runner it would seem.
Looks like it. That IX Global UK Facebook page is gone too.
Looks like Anita Davis has reinvented herself on Instagram and FB as CreatingMaiHem/Mai Hem. How apposite.
A family member I don’t really speak to was promoting IX Global UK to other friends and family members all over social media.
They featured in various webinars / videos alongside Boyle and Davis, and were heavily invested financially (even quitting their job to be part of the pyramid).
Thought it had all gone quiet on the IX Global UK front in July, and now we know why.
I’d love to know if those two liars have done a bunk with the money in people’s Forex accounts…
is there any place on this blog where I can upload the back office recording of ix global where they show incomes due to forex trading.
btw, forex trading without a valid licence is illegal in India.
A typical pyramid scheme, Participants have to pay money monthly to ensure that they are earning money from the money being pooled by their downlines.
The company doesn’t even have a bank account in india (in its name). More to come.
No but if it’s on YouTube you can leave a link.
That said, marketing videos showing random trading isn’t a substitute for registration with financial regulators and filed audited reports. Not much point sharing.
Securities fraud is illegal everywhere (excl. Dubai, BVI, Seychelles, Cyprus, the UK etc. etc.).
@Oz – I didn’t mean to convey that IX global is legal.
they are pyramid and ponzis trying to fly under the garb of direct selling.
I fully agree that they are really trying to hide what is very obvious.
They even changed the name of their company in India from IX academy to “POCHEN GLOBAL SERVICES” with AMOL RAUT, ANUPAM KINSHUK and JOSEPH ANTHONY MARTINEZ JR. as the directors (in June) a month after IX Academy was listed as scam in the scam alert of Strategy India.
the members of ix global in India are liquidating their virtual currency by offering prospects a discount of 40% for joining.
Not so much liquidating as “buy my bags suckers”.
Ix global on its way to become another speak asia.
Investigation started by mumbai police against ix global.
Anita Davis has been not only dipping into corporate pockets but individuals too.
I know of at least two people who had bank accounts and credit cards opened without there knowledge by Davis.
Maxing them out and then running for the hills.
The main beneficiary of ix global from the collections from within India is Viraj Patil claiming to earn in his Instagram post US$4,20,000 per month via his Instagram handle from his newly rented flat at Princess tower @Marina in Dubai.
Now he along with Ramesh Chaudhary (also earning a little lower than VP) have shifted to Dubai.
Pay outs happening in virtual currency generated by IX global like what happened for Speak Asia.
Speak Asia in a new avatar but with smarter promoters who have already left India.
Police complaint filed by SANDIP P at EOW around 20th May . Police inspector Deshmukh of Economic offences wing doing investigations. Mishra (advocate of iX) has met him 4-5 times at police commissioner office.
He claims that the turnover of iX is not more than 10 crores Indian.
Viraj Patil not coming to India but is in Malaysia for new team building.
Investigation report on ix global of 2 police stations with statements of the promoters forwarded to Economic offences wing yesterday.
Surprisingly the turnover of Ix global in July 2021 was 200 + crores indian rupees at that time.
If this is scam, it needs to be exposed as early as possible.
Lot of innocent people are engaged in it with the hope of heavy financial returns.
BehindMLM published this review in Feb 2021 over a year ago.
Dunno about innocence but sometimes there’s just no helping stupid.
Police in the city of Pune takes up the investigation of iX GLOBAL.
Patil in Dubai claims that he is given clean chit from the Mumbai police.
The ix subscribers publish the name and the pictures of Gujarat police personnel who join ix global.
Hi I’m engaged with ix global for last 5 months for forex automation service of ixglobal and I’ve gained handsome returns of investment with monthly subscription of $115.
My money is with TP global broker. They say ixglobal doesn’t have access to your funds at all, they just execute the trades by their bot and you gain the profit.
You pay them fees and get the returns, so what’s wrong with that.
I’ve questions like how can they steal my money from tp global or what will be the chances of loosing (or so called cheating) the money.
iX Global clearly have access to your funds through their bot.
Not your bot, not your trades. All they have to do is change the bot code and sorry for your loss.
In addition to the my 1st question, there are so many people engaged with ix and some people have doubts for their business.
If common people knows about them so much and they are cheating, then why not any of the govt in the world has taken any action to their activities or at least the people involved with them from different countries?
Regulation is reactionary. People don’t tend to complain to authorities until a scam has collapsed and they’re forced to accept they’ve lost money.
Doesn’t change the fact that iX Global is committing securities fraud.
If you say “change the bot code and they’ll say sorry for the loss”. I’ve seen people with them for more than 1 and half years and not seen the losses at all though profit wasn’t the consistent (it was 7 to 10%).
How long a scam lasts is irrelevant to it being a scam.
Also committing securities fraud for longer doesn’t make it any less fraudulent.
There’s only one reason an MLM company would opt to operate illegally and commit financial fraud. Look past your wallet.
Securities fraud is the major concern and I agree with you.
In my district there are few hundred people involved with this and earning handsome income since their involvement and not even a single person had any complaints for their money or their portfolio with TP global.
But looks like we need to check some more legalities also before major storm happens. Thanks btw.
Scammers aren’t going to complain while they’re stealing money.
The investors investing US$115/145/180 per month for continuing to trade in forex using the TP Global FX since “selling education” is a sham.
Just a question, how many investors get money in their banks after sending request to TP Global?
Is Ix global generating epins (rather than real money) for paying the investors, who have to get new investors and take cash from them against the use of epins ?
ix global is charging joining and monthly renewals and paying the sponsors for getting new members and on renewals which is nothing but money circulation.
No doubt it is a scam. Be alert and save your hard earned money. But it has to exposed soon.
I have seen some previous posts wherein it is mentioned that the investigation is already started. Let’s see.
A YouTuber shekar shakya gets notice of defamation from an advocate navneet momi of intellect juris claiming that “ix global” is complaint in all the rules for direct selling , Ecommerce and consumer protection. had to take down the videos against the company.
Wonder if in india the advocates go to jail for supporting lies and spreading fear for a handful of dollars …..
same format as was sent to resonant news which was taken down by the publisher.
Wonder what the police is doing ?????
Finally Reserve bank of India did a press release yesterday that TP Global FX in which IX global is getting investors to invest is illegal.
Here it what it says:
September 07, 2022
RBI issues Alert List of entities not authorised to deal in forex and to operate electronic trading platforms for forex transactions.
The Reserve Bank of India (RBI), vide press release dated February 03, 2022, had cautioned the public not to undertake forex transactions on unauthorised electronic trading platforms (ETPs) or remit/deposit money for unauthorised forex transactions.
The RBI, however, continues to receive references seeking clarification on the authorisation status of some ETPs.
It has, therefore, been decided to place on the RBI website an “Alert List” of entities which are neither authorised to deal in forex under the Foreign Exchange Management Act, 1999 (FEMA) nor authorised to operate electronic trading platforms for forex transactions.
link to the alert list: rbi.org.in/scripts/bs_viewcontent.aspx?Id=4183
Meanwhile, SFIO is working with SI to kick off the extradition.
Ix global investigation forwarded from Economic offences to local police station because the amount is not more than 10 crores indian (as per the police the amount is rs. 8000)
Meanwhile, ix global announces touching 100 million USD(this fiscal year) in an announcement where more than 90 % of turnover is from india.
it seems that the money which was earlier deposited with tp global fx is now being taken by ix global under the garb of debt box licences promising 5-16% returns per month.
business from home further promotes ix global by giving it AAA+ rating. more investors to invest.
Trouble for IX as one of its hawala operators is arrested by the kolkatta police. The names “Shailesh Pandey” with Arvind Pandey, Rohit Pandey and Prosanjit das”.
They were doing hawala on behalf of ix global for investments in tp global fx.
Mumbai Police after delaying again initiates a probe.
Kolkatta police cybercrime division officer Praveen Prakash disclosed a transaction of 207 crores with the operators and are interrogating the arrested.
More to follow:
reported in Prabhat khabar, news 18 and hindustan times (kolkatta edition)
IX global is a scam as per Strategy India while as per the consultant business from home it is AAA+ rated company. Who’s right ?
News on ix global in the last 7 days:
google.com/amp/www.millenniumpost.in/amp/kolkata/howrah-cash-haul-case-police-spot-bank-transactions-worth-about-rs-207-crore-496493
google.com/amp/s/www.hindustantimes.com/cities/kolkata-news/shailesh-pandey-2-brothers-arrested-in-kolkata-s-online-fraud-case-police-101666375684632-amp.html
prabhatkhabar.com/state/west-bengal/calcutta/shailesh-pandey-arrested-with-two-brothers-from-odisha-aid-arrested-in-gujarat-west-bengal-news-mtj
m.economictimes.com/industry/banking/finance/forex-companies-giving-investment-lessons-under-lens/articleshow/95055512.cms
Thanks for the heads up!
Looks like IX Global is trying to whitewash their image – They posted a PAID article on an Indian outlet HindustanTimes (FYI: read the disclaimer at the end of the article).
hindustantimes.com/brand-stories/ix-global-a-holistic-self-betterment-online-platform-101668172492859-amp.html
Also, looks like withdrawals are halted at the moment and they’re now going to use crypto for withdrawals.
Hopefully this is the beginning of the end.
You don’t even need to visit the article. “Brand stories” = paid spam.
Here is a you tube video of a person explaining oil exploration which ix is raising funds from by selling “licences”https://youtu.be/AbI8fsPfw5E
btw, who owns the debt box ?
here is a novice dude from india explaining one of the investment in Aluminium to investors in local language https://youtu.be/3Tmnt2UTzPc
Withdrawals from TP Global FX stuck forever. Exchanges including binance warned not to do any transactions without proper KYC for incoming and outgoing funds.
Could you elaborate more on – “ Withdrawals from TP Global FX stuck forever.”?
Also, this dude Rahul Ranjan don’t know shit and people are misguided.
And that other guy is just showing google earth, in one of their previous videos they mentioned that they’re using google’s setellite!
Surprisingly people believe this bullshit.
If google had that kind if hardware, why wouldn’t they use themselves.
They’re also spreading rumours that they will be launching their own setellite that too via spaceX.
One of their 6-8 months old project called cryptoland has no progress at all. They sold NFTs and virtual lands and told people they were gonna develop a game where they could use these NFTs to play and make money and what not.
Now they have a roadmap where they wull launch this so called game in a couple of months and IX global says its not in their hands, its in cryptolands hands.
They are selling all these dumb licenses by creating FOMO by increasing prices every few weeks.
On top of that if you try to withdraw 100% of these coins, you can’t and they say its because of 20% withdrawal fees (i.e. gas fees).
And people still fall for this shit and believe it.
On top of all that, 90-95% supplies of these coins are in a single account.
Is this debt box the new Dowsing with more bling bling? Seems these guys dosn’t knowing that you need an permission even for exploration only. Not to mention to get a license for digging would cost hundreds of millions of $$.
Police has started freezing bank accounts of tp global in india which were being used to collect and deposit money. tp global has removed indian banks from its withdrawal page.
they had earlier said that members who had invested thru ix global could withdraw in cryptos. now only a handful of small withdrawals are being seen via binance.
Looks like soon binance will be in trouble for kyc in india because of ix global account holders.
Police somehow got hold of the list of “nft buyers” , even the ones who had purchased one or more than one in land and avtar.
now the fun begins.
Source? Also I wonder how this is helpful, as NFTs etc aren’t exactly illegal.
Ix global had claimed that it was only into education and the turnover was less in the statement given by the promoter of ix global.
1. now it seems that they had asked the investors to create a umm wallet, create a trust line and
then fill up a form verified by ix corp – money laundering angle.
2. land nft for 1750 and avtar for 1500 with a Commission of 100 and 50 to ix members who get investors – this is what lands them into trouble .
3. they promised returns on investments in form of cryptopium = crypto= USD50.(Level 1 = USD 50 per day, level 2 = 100 per day , 3= 150 per day , 4=200 per day ,5= 250 per day , 6= 300 per day , 7= 350 per day , 8= 400 per day , 9 =450 per day and 10 = 500 per day . the mining was to begin in Quarter 4 2022 but did not therefore the investors are asking for the money back .
just a spark before it blows
Looks like TP Global has started the withdrawal process, but theCATCH is, only upto 100$ is allowed for a week.
Do note the last part of the message above regarding contacting team leaders. If TP Global is a broker, how the fuck does it know that whoever is in conversation with them is IX Global’s customer?
Or does this mean TP Global = IX Global? Its funny how people still put their trust on these scams even after all this.
Another thing I came to know is that IX Global is NOT responding to any withdrawal related queries.
How blind all the people associated can be?
What more proof they need to accept that this is a complete scam?
I was afraid that innocent people are going to suffer but now when I think about it, even after knowing all these people still don’t take it seriously. I feel like they deserve it and they had it coming.
This was when Joseph was Joe.
businessforhome.org/2018/10/joe-martinez-achieves-global-ambassador-rank-with-kuvera/
This was when he was involved with Kuvera with similar features.
this is before we recently found out that ix global was started in India by Viraj Patil with 40% and Joseph Martinez with 60% shares.
Now Viraj has resigned and moved to dubai. we are on to finding the arrangement between Joesph martinez and Viraj Patil in ix global llc.
Bingo! IX Global in the US has 2 partners Viraj Patil and Joseph Martinez jr.
Wonder where can these 2 people hide?
Debt box prices at an all time low. wonder who controls the price of the investments in the debt box ? Investors panicking.
withdrawal for deposits in tp global fx not happening
Yet another PAID article published about IX Gloabl and DEBT Box, this time on CNBCTV18 (cnbctv18.com/business/ix-global-becomes-exclusive-worldwide-direct-marketing-provider-for-debt-15303111.htm).
Surprisingly its no where mentioned that its promotional or an advertisement. I wonder why.
People are still unable to withdraw funds. It is also forwarded to people that customers with deposit of crypto (USDT) will be able to withdraw 100% of the amount and others who already had balance will have to wait.
This is the message paased to a lot of people. If you read it carefully its crystal clear that they are running ponzi schemes and straight up accepting it! Yet people are blindly trusting these scammers and even bringing in new joinees!
I hope this scam ends soon.
A Youtuber (Not mentioning their name) claims that they were threatened on call and have received message to take down their video on TP Global or face police charges!
These scammers are trying to keep a good image of their fraud brand and luring and looting people.
That whole website is a spam site misappropriating CNBC assets.
It has nothing to do with CNBC (terms and conditions & privacy policy are 404).
Tokens start to disappear from investors accounts. The debt box and ix blame hack even for the accounts with 2FA on ……
Kudos Viraj Patil the partner is IX global llc is the highest earning direct seller in the world as per breakfast from home.
This while the poor investors from IX global who had invested money by taking loans and borrowing from relatives and neighbours are not getting their withdrawals since November 22.
IX making excuse as Christmas holidays while enforcement directorate from the east has frozen 75 crores rupees in the accounts opened by tp global fx other funds have been siphoned to UK and Africa.
IX Global does US$2000 Million collection from April 22 to December 22.
Viraj patil names a BJP Minister (protecting ix from investigation) while trying to convince the investors who visit dubai on not receiving of withdrawals.
15th February is the date mentioned by Viraj patil for withdrawals starting because of intervention of the BJP minister from mumbai.
Will TPGLOBAL start withdrawal process or not? What you guys think ?
Typically when Ponzi go boom that’s it.
Your money was gone the second you invested in a Ponzi scheme.
Now it appears that Driven Trading CEO Cory Kromray is looking to merge with IX Global with some kind of Node crap which is likely a scam as well. And has the same business structure trying to sell you “Financial Market Education”.
Lets be honest here……. RUN AWAY AS FAST AS YOU CAN WITH THIS MLM FRAUD BS!!!!!
Driven has already fizzled out and this attempt at a merger will not change things because they are both SCAMS!
Thanks for the heads up.
Here it is the beginning of the end:
linkedin.com/posts/corykromray_ixdriven-driventrading-ixglobal-activity-7035027288471584768-oCO9
Be advised on reading Kromray’s (Driven’s previous phony CEO) review for IX Global on Business for Home website as they delete negative reviews and allow the same person to put in a review about him a few mins sequentially after each review.
which means it is just somebody (The same person for each review) trying to pump up his reputation.
That’s a major red flag right there things have to be BAD!!! Avoid that Kromray Scammer at all costs!
TP GLOBAL FX closes dubai office sign says closed for renovation (while no renovation happening at site).
IX Global starts focusing on collecting money from members for the debt box.
investors lose more than 90% of their investments in the debt box – news out while some got less than 8% of their investments.
Viraj Patil Denies suggesting tp global – video of Viraj Patil is being circulated with him promoting tp global fx big time and asking investors to invest where he also mentions that algo trading bots bought by paying a monthly subscription fees of US$ 115/145/180 will only work on tp global fx accounts and not elsewhere.
Business from home starts slowing down promotion of ix global while making trips to dubai to “consult” read “collect money” from new frauds under the garb of consultancy.
in a recent screen recording of the telegram channel D.E.B.T. Tokenomics the administrator “Jason D.E.B.T” gave a surprising disclosure when asked for the office address in the US.
First he messaged that debt is a crypto project and the the council is spread out all over the world at any given time.
then when asked that at least one registered office for regulation purpose on which he answered “debt box operates in dubai under dubai fintech.
then he says the registered name is Digital commodity house located in dubai business oasis.
yaaay…. good information to start a new search and check if the people in the podcast are really a part of the digital commodity house or does digital commodity house indeed exists or is as usual a part of ix global .
Debt box changes its name from “DIGITAL LICENSING INC” to “DIGITAL COMMODITY HOUSE” without informing its investors.
SEBI from India forwards complaints and findings on the debt box to be investigated under the banning of unregulated deposit act.
Thanks for the updates!
Can you please share sources? It’d be real helpful.
Looted my hard earned investment. Worst company. Crypto doing good but its crypto based currency token such as Xplr , grow ,black gold all going down and down only from last 6 months.
I lost usd15000 so far and now hoping to withdraw as soon as loss touches to usd8000.
Example black gold was 9.8 usd 6months ago and now it values only 4.2 50% loss
Burning Sun- The Jason comment is from the screen recording being circulated in India of the Telegram channel of the debt box.
One of the Senior officers of SEBI (Investment management department) has answered to the query by the reporter of a national daily from India and then confirmed by the Police officer in Maharashtra since they too are getting emails with complaints.
address on the website of the digital commodity house is Silicon Oasis IFZA Business ParkDDP Building AZ #22922-001, Dubai, UAE and not dubai business oasis.
got the address from the website of the digital commodity house.
Deputy General manager of SEBI instructs the chief secretary of Maharastra to take action against Ix global under the banning of unregulated deposit schemes act 2019 ( as per the letter being circulated among investors).
Sebi also writes to the RBI to take necessary action against ix global for getting investments for tp global fx and using cryptocurrency to collect deposit.
matter referred by rbi under PMLA to the enforcement directorate who apart from initiating a separate action have added Joseph Martinez and Viraj Patil as accused in the case filed by Canara Bank in West Bengal.
Viraj Patil now accused in two cases (FIRS) in West Bengal – GRS/1202/2002 and GRS 1233/2002 FIR NUMBERS 297 and 290 at HARE STREET POLICE STATION Calcutta.
apart from Viraj Patil and Joseph martinez other accused include shailesh pandey , rohit pandey, arvind kumar pandey, Prasenjit das , tushar patel , Manish kumar patel, Kaushal kumar sah, Aman thakur , pankaj kumar Tiwary , rahul kumar a kela , rakesh kumar singh.
IPC 120B, 420,467,468, 471.
now the state government will proceed under the banning of unregulated deposit act and ED will include PMLA on ix global case.
PMLA 2002 applied on the case in which promoters of TP GLOBAL FX and ix global are made the accused.
more names added to the accused Bibek Saha, Soumen Saha, manoj soni, sandip bali , prince kumar Rashmi babu.
leaders of ix global are being added to the conspiracy.
Joseph Martinez and Viraj Patil summoned by the investigation team of ed fail to appear citing health issues.
Ted nuyten from business from home deletes 1 * ratings on ix global as per the chatter on telegram channels.
Hey Don We
Thanks for your regular and accurate updates.
Please update new developments if any with respect to IX global and TP Global.
You thought that was an all time low? You should press the refresh button today LOL………
I said scam on that slow burning shit for years but nobody listened because people are fucking stupid. But it’s all good now I heard Chicago and Russia involved and are zooming in on Kromray’s address because they got took as well.
Good luck getting your money back because the certain people that took action will definitely will get it back!!!
Sorry man…….you got ripped off by that Kromray guy and his other counterparts.
Feel free to follow for updates on how to attain your money back in an nontraditional way which may involve some….. well…… I’ll stop there that’s all (smiley face) 🙂
One of the promoter of IX GLOBAL is Ted nuyten from business from home who had earlier promoted Kuvera global thru his website and now claims to “consult” read “promote” ix global.
Recently has started putting on his face book page the mlm companies he has refused promotion on his website.
does he plan to wash his hands of promoting mlm Ponzi schemes which have robbed tens of thousands of people the world over?
meanwhile, though most of the scamsters involved in tp global and ix global scam have been made accused by the enforcement directorate in india after 180 dummy accounts were detected to launder and siphon money out of india it is surprising that ix global and tp global names have not been announced.
Ted doesn’t care so long as the check clears.
Promoting unregistered securities is illegal in the Netherlands but you still have your Igor Alberts’ and Ted Nuytens running around dating back to OneCoin.
in india, the law of banning unregulated schemes have penalty for media too. lets see how it applies to him with the police having all his website data.
viraj patil and joseph martinez in deeper trouble where their other bank accounts have been found by a state police from which they collected money for ix global and Kuvera Global from india
Notices sent by the advocates of ix global openly claiming that ix global is following all the rules in india and doing business in absolute legal manner.
the advocates navnit momi from delhi and Arun Misra from bombay have sent notices to various individuals including economic times, Priyam shukla, Strategy India, sneviya Dsilva, terence pereira, Shekhar shakya.
all except Dsilva and Strategy India have succumbed to the “false” statements by the advocates and redacted their article.
ix global still features on the list of money circulation schemes on Strategy India website.
btw . ix global was started much before 7 September 2019 while it was registered in 2020 December ,where Viraj Patil is seen giving cheques of ix of more than 17 lacs with the signature of Joe Martinez to various people.
can anyone find out the nature of complaint by one true star reality homes private limited is?
they are the complainant as per the money laundering case going on in Calcutta where Joe Martinez and Viraj Patil is the accused.
SEBI writes to state government to take action against ix global under the banning of unregulated deposit act:
twitter.com/StrategyIndia/status/1652303069642735616/photo/1
Nagpur police finds the details of money in crores being paid to Viraj Patil by tp global fx. videos of Viraj Patil as the managing director of tp global fx surface on various telegram channels.
nagpur police planning to send summons to business from home.
Summons sent to business from home to appear for inquiry regarding the promotion of ix global in india and deleting reviews of victims.
ted nuyten unwell. Viraj Patil and Joe martinez keep a low profile since summons sent to them also.
If possible copies of those summons would be appreciated.
Will send the summons copy once I receive.
Update: 714 complaints on ix global investors to the cyber crime portal. maximum complaints of over 10 lacs rupees.
ECONOMIC OFFENCES WING of mumbai police starts investigation on ix global once more since they have received 91 complaints.
Orissa police EOW receives 82 complaints from the investors in the state.
investors who lost money in the debt box too send their complaints the complaints state that the price of their investment is reduced when buy /sell happens between 4-5 wallets.
top earners of ix global are calling the victims who lost money with the broker tp global to threaten them with legal consequences. the whistleblower Sundeep Pote also receives threats from patils cronies.
ted nuytens website continues to delete negative reviews against ix global from his website business from home.
Viraj Patil sets up another company -vertex global dealing in trading.
victims who had gone to thailand have been told that they won’t get the money invested in tp global , so why not get fresh investments for opulence.
We the victims of IX GLOBAL MLM are going to upload the videos and documents of ix global (now deleted from you tube by the owners) on dropbox and you tube in a couple of days.
these include how to link your forex trading account with tp global fx with ix global, crypto land and the returns promised by Joseph Martinez, the debt box videos which are now deleted , the v box or the hosting charges by ix global for loading with licences for mining.
will upload the link here.