Seletti AI fails to provide ownership or executive information on its website.

Seletti AI’s website domain (“”), was privately registered on October 19th, 2023.

Official Seletti AI marketing videos in the website backoffice feature “Lenny” (right), as CEO of the company.

Someone going by “Tarek” is presented as Saletti AI’s “Relations Manager”.

Both Lenny and Tarek have Northern American accents.

Further research reveals Seletti AI’s “Lenny” is Leonard J. Giaquinto.

As per the screenshot above, Giaquinto is a furniture salesman from Kozy Furniture.

Press-releases claim Giaquinto was appointed Kozy Furniture’s “Chairman of the Board of Directors” in early 2021.

Social media profiles suggest Giaquinto is based of Virginia in the US.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Seletti AI’s Products

Seletti AI has no retailable products or services.

Affiliates are only able to market Seletti AI affiliate membership itself.

Seletti AI’s Compensation Plan

Seletti AI affiliates invest tether (USDT). This is done on the promise of a passive daily return:

  • Seletti Growth Fund VII – invest 50 USDT or more and receive 0.5% a day
  • Opportunistic Credit Fund – invest 250 USDT or more and receive 0.7% a day

Seletti AI pays referral commissions on invested USDT down three levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 10%
  • level 2 – 5%
  • level 3 – 1%

Joining Seletti AI

Seletti AI affiliate membership is free.

Full participation in the attached income opportunity requires a minimum 50 USDT investment.

Seletti AI Conclusion

Seletti AI openly pitches itself as an “online investment platform”. The ruse behind Seletti AI’s external revenue generation is automated forex trading.

The Seletti PAMM Account is a managed, automatic forex trading system that is powered by the Seletti A.i.

The Seletti A.i continuously analyzes financial data, including historical price movements, market news, and technical indicators.

It uses this analysis to make data-driven predictions about future market trends and potential trading opportunities.

There is no evidence of Seletti AI as an AI trading bot provided.

What we do know is, based on the Howey Test, that Seletti AI’s passive returns investment scheme constitutes a securities offering.

A search of the SEC’s Edgar database reveals neither Seletti AI or Leonard Giaquinto are registered to offer securities in the US.

The ruse of forex trading also requires Seletti AI to be registered with the CFTC. A search of the NFA’s registered firm database reveals it isn’t.

This means that at a minimum, Seletti AI and Giaquinto are committing securities and commodities fraud – both of which are illegal in the US.

As it stands the only verifiable source of revenue entering Seletti AI is new investment.

Using new investment to pay withdrawals would make Seletti AI a Ponzi scheme.

As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.

This will starve Seletti AI of ROI revenue, eventually prompting a collapse.