Likwel Ponzi scheme collapses, withdrawals disabled
The Likwel Ponzi scheme has collapsed.
In a post to Likwel’s official Telegram channel on September 9th, the scam announced it was “forced to freeze the activity of our company for 2 years.”
Instead of coming up with an elaborate story, Likwel kept its exit-scam simple;
Our company has been actively growing in new technologies but we have some difficulties and we have to deal with some processes that do not give us the opportunity to grow even more.
The Ponzi scheme did embellish on math though, going on to claim that only 18% of its investors loss money.
This is of course baloney. Like any Ponzi scheme, the majority of Likwel investors lost money.
Over the past few months, Likwel held a series of staged promotional events in Kazakhstan, Russia, Cyprus, France, Spain.
Likwel had been touting a Dubai event on September 20th.
As part of its exit-scam, Likwel informed investors the staged event “will be postponed”.
Based on traffic analysis by SimilarWeb, the majority of Likwel victims are believed to be from France (54%) and Poland (36%).
Traffic to Likwel’s website stalled between July and August, which is likely the actual reason for the Ponzi scheme’s collapse.
As reviewed here on BehindMLM, Likwel solicited investment on the promise of up to 2.25% a day.
The Ponzi scheme is believed to have been run by Russian scammers, fronted by Boris CEO Anton Kozlov playing “Hector Miles”.
The Bank of Russia issued a Likwel pyramid fraud warning in December 2022. This appears to mark Likwel targeting investors outside of Russia.
Pending unlikely action by authorities, total Likwel victim numbers and how much they lost remains unknown.
Update 12th September 2023 – Likwel’s website and social media profiles have now also been deleted.
Noooo, I wanted to rock with Sting in Dubai!!! XD
hahahaha. Several Likwel channels are now private and cannot read what they’re saying about the postponed Dubai Event with a very special guest.
likwel.life is suspended, so the Sting event schedule is not available anymore
ibb.co/ftw83Ym
Furthermore as per otzyvyprovse.com/finansovye-kompanii/likwel.hmtl the Bank of Russia included Likwel in their black list as a “project that shows signs of being a financial pyramid”
otzyvyprovse.com/wp-content/uploads/2023/06/likwel_v-chernom-spiske-TSB-RF.png
Several investors in the north east UK like myself and a number of my friends feel we have been scammed and we are not taking it lightly at all, we want our money back and are looking at every way possible as we are getting no answers from any reps.
They either fled to another country or live far enough away from those they have fooled… one rep admitted she received all her investment the DAY BEFORE these announcements which leaves us to believe it was a promised pay out 8f they pull more FOOLS into bigger deals. We want answers!!!
Ah, didn’t see the BOR warning.
So they fleeced Russians, received a fraud warning and then went after low-hanging fruit in Europe.
All good on the regulatory front so long as the initial Russian investors were made whole. RIP European Likwel investors.
@Ian
What answers? You invested into an obvious Ponzi scheme and it collapsed. Sorry for your loss.
Ian…
Scams are nothing to do with feelings. You HAVE been scammed. FACT.
The scammers have your money, you don’t. The scammers don’t care how to you take it.
Stop looking for easy money.
Nothing we can do man, but you can start filing complains against UK recruiters, starting with Rob Edmundson
behindmlm.com/mlm-reviews/likwel-review-boris-ceo-mlm-crypto-ponzi/#comment-467892
of course, if that’s the guy’s real name…
btw, it’s worth noticing that Mr Rob Edmundson’s main profession is not related to MLM (at least according to his telegram username @diver_rob)
Likwel main channels have deleted all their content.
Official Channel:
ibb.co/m46cs3J
And Likwel India (I didn’t know it was a thing there):
ibb.co/8Pgnh8V
Dear(?) (One of the most active promoters, and figure at Kazan’s event) Irina has deleted (or made private) all her social media content.
Likwel’s website isn’t loading here. That’s a wrap.
likwel.life gone
likwel.biz gone
likwel.com gone
Likwel youtube channel, also gone.
Only a Telegram channel survives the purge (LIVKELTEAM), from a guy (Evgeny Sverdlov) that later for sure will claim “I was also an investor, I lost money too buuuuuuuuu”.
PS: The Sting Poster survives on Evgeny’s channel XD.
A reboot is in the makings
ibb.co/HD7YCrC
Lol. Securities and Exchange Act regarding MLM related securities fraud hasn’t changed since 1933. And the Howey Test has been a thing since 1946.
SEBA – Rob edmundson is now saying there is a debt management team abroad claiming they might be able to catch the crimanals and claim our money back.
He is saying that you won’t need to pay any fees until they have been found. Another scam if you ask me.
Obvious recovery scam is obvious.
Likwel investor funds aren’t sitting in a room somewhere waiting to be found, they were stolen by Russian Boris CEO Ponzi scammers.
Reboot is here!!
ibb.co/PMG7ckB
XD
lol
At least people are sharing screenshots of bmlm.com
ibb.co/pr04QCh
And not much else after that. Only silence, one week of silence.
Uhh, not so much a reboot as a recovery scam sounds like.
Indeed.
I reached them via their website and told em I wanted my money back (wink, wink) and asked them why dear Irina is not answering my telegram messages?
As soon as I told them I deposited 40567 usd “in the old site” they insisted that my “new deposit should be 2000 usd”.
Clowns.
So, once again silence on Likwell telegram channels. Other than a non official channel (that a month ago posted a Cositortian message “Life is not a zebra crossing, but a chess board, so think twice before you move”) no more info about the recovery scam.
It seems that Irina, “Henry” and “Hector” are the only people on Likwell’s sinking ship.
No info about Cyprus, Spain, France or India for that matter.