Ultron Review: Failed Givvo ecommerce platform Ponzi reboot
Ultron is being launched as part of Givvo. The roll-out is a bit strange.
Ultron is being launched as a stand-alone opportunity, originally hosted off Givvo’s website:
That subdomain was working up until recently. It’s now been disabled.
As far as I can tell, Givvo currently doesn’t have a standalone web presence. Nonetheless we know it’s tied to Givvo.
Givvo promises to “change the fact that 99% of people never win at life?”
GIVVO’s main idea came from a simple wish; how to fulfill everyone’s deepest desires and at the same time make the world better.
Givvo presents itself as a donations platform for undisclosed “humanitarian organizations”.
Through the “Donations Campaign,” GIVVO raises money for one of the partnered licensed Humanitarian Organizations.
When the campaign is finished, we will present how this organization used donated money.
Givvo is essentially an ecommerce platform with a donation backend. You buy products on their platform and receive “donation points”. Donation points are put into pre-organized campaigns.
I believe all Givvo are doing is funneling what would otherwise be customer cashback into donations.
Attached to Givvo is a referral income opportunity:
Alexa currently ranks traffic to Givvo’s website at 2.8 million. This isn’t much.
As to who’s running Givvo, and by extension Ultron, no company ownership details are provided.
In the “campaign rules” section of Givvo’s website, it represents it is being run through the UK shell company Prizer22 LTD.
An MLM company operating or claiming to operate out of the UK is a red flag.
UK incorporation is dirt cheap and effectively unregulated. On top of that the FCA, the UK’s top financial regulator, do not actively regulate MLM related securities fraud.
As a result the UK is a favored jurisdiction for scammers looking to incorporate, operate and promote fraudulent companies.
For the purpose of MLM due-diligence, incorporation in the UK or registration with the FCA is meaningless.
Givvo’s official FaceBook page is managed from Slovakia and Slovenia. This is in line with the company’s ecommerce platform operating in euros.
In September 2021 Givvo uploaded an event video to their YouTube channel:
The guy in the video is Matej Cifra, a YouTuber from Slovakia. Cifra runs the YouTube channel Sajfa.
I wasn’t able to confirm how involved in Cifra is in Givvo or Ultron.
Cifra led me to someone I can confirm is heavily involved in Givvo, Tobias Sukenik.
In 2019 Sukenik co-founded TBF International, a CBD MLM company. In 2020 TBF International was sold off to Kannaway.
In the BusinessForHome article linked above, TBF International’s other co-founders are identified as Michal Kyselica and Michal Prazenica
Kyselica seems to have moved on…
Update 25th March 2022 – Michal Kyselica has been in touch to confirm he has nothing to do with Ultron or Givvo. /end update
…but on LinkedIn, Michal Prazenica identifies himself as CEO of Givvo.
In 2018, prior to co-founding TBF International, a BehindMLM reader tied Sukenik and Prazenica to the BeReal Estate Ponzi scheme.
I realized here that I could have saved myself a bit of time as another reader, (comment #27), had already identified Sukenik and Prazenica with respect to Givvo.
That was in October 2021. Details of Givvo’s business model weren’t available so I wasn’t able to publish a review.
Yet another reader recently reached out to me requesting a Givvo/Ultron review. This time I was able to oblige.
According to their respective social media profiles, both Tobias Sukenik and Michal Prazenica are based out of Dubai.
Due to limited extradition treaties and non-existent regulation of MLM related securities fraud, Dubai provides a safe-haven for scammers.
BehindMLM considers Dubai to be the MLM scam capital of the world. Any MLM company that is based out of Dubai, or has executives based there, raises automatic red flags.
Givvo and Ultron’s business operations appear to be spread between Dubai, Slovakia and Slovenia.
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.
Ultron’s Products
Ultron has no retailable products or services.
Affiliates are only able to market Ultron affiliate membership itself.
Ultron’s Compensation Plan
Ultron affiliates invest in ULTRON tokens (ULX) on the promise of a daily ROI over five years.
Ultron tokens are sold to affiliates for tether (USDT) across nine packages:
- Basic – 100 USDT
- Light – 300 USDT
- Light Plus – 500 USDT
- Standard – 1500 USDT
- Standard Plus – 5000 USDT
- Premium – 12,500 USDT
- Premium Plus – 30,000 USDT
- Supreme – 100,000 USDT
- Supreme Plus – 300,000 USDT
ULX is dumped on affiliates as per a “market price”. The more an Ultron affiliate invests, the more of a discount they receive:
- Basic tier affiliates receive a 5% discount
- Light tier affiliates receive an 8% discount
- Light Plus tier affiliates receive a 10% discount
- Standard tier affiliates receive a 12% discount
- Standard Plus tier affiliates receive a 15% discount
- Premium and higher tier affiliates receive a 20% discount
Once acquired, ULTRON tokens are parked with the company on the promise of advertised returns.
The ROI paid on Ultron token investment is determined by how long an affiliate invests their tokens for:
- 0.2% a day for the first year
- 0.1% a day for the second year
- 0.05% a day for the third year
- 0.025% a day for the fourth year
- 0.0125% a day for the fifth year
The MLM side of Ultron pays commissions on tokens purchased by recruited affiliates.
Ultron Affiliate Ranks
There are sixteen affiliate ranks within Ultron’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Partner – sign up and invest in Ultron tokens
- Silver – generate 1000 USDT in accumulated weaker binary team side volume
- Gold – generate 3000 USDT in accumulated weaker binary team side volume
- Pearl – generate 10,000 USDT in accumulated weaker binary team side volume
- Sapphire – generate 25,000 USDT in accumulated weaker binary team side volume
- Ruby – generate 50,000 USDT in accumulated weaker binary team side volume
- Emerald – generate 100,000 USDT in accumulated weaker binary team side volume
- Diamond – generate 200,000 USDT in accumulated weaker binary team side volume
- Blue Diamond – generate 500,000 USDT in accumulated weaker binary team side volume
- Green Diamond – generate 1,000,000 USDT in accumulated weaker binary team side volume
- Black Diamond – generate 2,000,000 USDT in accumulated weaker binary team side volume
- Crown Diamond – generate 5,000,000 USDT in accumulated weaker binary team side volume
- Double Crown Diamond – generate 10,000,000 USDT in accumulated weaker binary team side volume
- Ambassador – generate 25,000,000 USDT in accumulated weaker binary team side volume
- Royal Ambassador – generate 50,000,000 USDT in accumulated weaker binary team side volume
- GOAT – generate 100,000,000 USDT in accumulated weaker binary team side volume
Note that up to 40% of required rank qualification volume can be sourced from any one unilevel team leg.
For a unilevel team description see “Matching Bonus” below.
Referral Commissions
Ultron affiliates earn a 10% commission on token packages purchased by personally recruited affiliates.
Residual Commissions
Ultron 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 day Ultron tallies up new investment volume on both sides of the binary team.
Affiliates are paid 10% of investment volume generated on their weaker binary team side.
Note that Ultron caps residual commissions based on rank:
- Silvers to Pearls can earn up to 5000 USDT a week
- Sapphires can earn up to 8000 USDT a week
- Rubys can earn up to 10,000 USDT a week
- Emeralds can earn up to 12,000 USDT a week
- Diamonds can earn up to 15,000 USDT a week
- Blue Diamonds can earn up to 20,000 USDT a week
- Green Diamonds can earn up to 30,000 USDT a week
- Black Diamonds can earn up to 40,000 USDT a week
- Crown Diamonds can earn up 50,000 USDT a week
- Double Crown Diamonds can earn up to 75,000 USDT a week
- Ambassadors can earn up to 150,000 USDT a week
- Royal Ambassadors can earn up to 250,000 USDT a week
- GOATs can earn up to 500,000 USDT a week
After volume is paid out on, it is matched against the stronger binary team side and flushed.
Any leftover volume carries over into the following week.
Matching Bonus
Ultron pays a Matching Bonus via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Ultron caps the Matching Bonus at seven unilevel team levels.
The Matching Bonus is paid out as a percentage of residual commissions earned by unilevel team affiliates.
How many levels an Ultron affiliate earns the Matching Bonus on is determined by rank:
- Pearls earn a 10% match on level 1 (personally recruited affiliates)
- Sapphires earn a 10% match on levels 1 and 2
- Rubys and Emeralds earn a 10% match on levels 1 to 3
- Diamonds earn a 10% match on levels 1 to 4
- Blue Diamonds and Green Diamonds earn a 10% match on levels 1 to 5
- Black Diamonds earn a 10% match on levels 1 to 6
- Crown Diamonds earn a 10% match on levels 1 to 7
Recruitment Bonus
If an Ultron affiliate recruits five affiliates who purchase a package within 30 days of signing up, they receive a refund on their own initial package purchase.
Note that packages purchased by affiliates must be the same or higher than whichever one the qualifying affiliate purchased.
Global Bonus Pools
Ultron takes 2.75% of company-wide investment volume and places it into a Global Bonus Pool.
The Leaders Bonus Pool is split into four equal smaller pools.
Ultron affiliates qualify for a share in the smaller Global Bonus Pools based on rank:
- Sapphires, Rubys and Emeralds receive a share in a 1% Global Bonus Pool
- Diamonds, Blue Diamonds and Green Diamonds receive a share in a 1% Global Bonus Pool
- Black Diamonds, Crown Diamond and Double Crown Diamonds receive a share in a 0.5% Global Bonus Pool
- Ambassadors, Royal Ambassadors and GOATs receive a share in a 0.25% Global Bonus Pool
Top Performer Bonus Pool
Ultron takes 1% of company-wide investment volume and places it into the Top Performer Bonus Pool.
The Top Performer Bonus Pool is split into four smaller 0.25% pools, shares of which are awarded based on monthly personal recruitment new investment volume.
- generate 20,000 to 40,000 USDT in new investment volume and receive a share in a 0.25% Top Performer Bonus Pool
- generate 40,000 to 80,000 USDT in new investment volume and receive a share in two 0.25% Top Performer Bonus Pools
- generate 80,000 to 150,000 USDT in new investment volume and receive a share in three 0.25% Top Performer Bonus Pools
- generate 150,000 to 300,000 USDT in new investment volume and receive a share in four 0.25% Top Performer Bonus Pools
Hodl Pool Bonus
Ultron takes 1.8% of company-wide investment volume and pays it out via the Hodl Pool Bonus.
The Hodl Pool Bonus consists of nine 0.2% pools, corresponding to how much an Ultron affiliate has invested.
Each investment tier corresponds with one share in one of the pools. Additional shares are rewarded for all pools lower than the investment tier.
E.g. you invest at the Premium Plus 30,000 USDT tier. You receive a share in the 30,000 USDT Hodl Pool Bonus tier, as well as the six pools below it.
Multiple Hodl Pool Bonus shares can be stacked if an Ultron affiliate invests multiple times.
Rank Achievement Bonus
Ultron rewards affiliates who qualify at Team Manager and higher with the following one-time Rank Achievement Bonuses:
- qualify at Sapphire and receive an Apple Watch
- qualify at Ruby and receive an Apple iPhone 13
- qualify at Emerald and receive a MacBook Air
- qualify at Diamond and receive a “Blue Diamond VIP retreat” or 10,000 USDT
- qualify at Green Diamond and receive a Rolex DateJust or 15,000 USDT
- qualify at Black Diamond and receive a Harley Davidson Fat Bob or 30,000 USDT
- qualify at Crown Diamond and receive a Mercedes-Benz C63 AMG Coupe or 90,000 USDT
- qualify at Double Crown Diamond and receive a Mercedes-Benz AMG-GT or 150,000 USDT
- qualify at Ambassador and receive a “Ferrari, Bentley, McLaren or Lamborghini” or 450,000 USDT
- qualify at Royal Ambassador and receive an “apartment in Dubai” or 750,000 USDT
- qualify at GOAT and receive a “luxury villa in Dubai” or 1,500,000 USDT
Joining Ultron
Ultron affiliate membership is tied to the purchase of a €500, €1500 or €5000 EUR ultron token package.
The more an affiliate spends on their package the higher their income potential.
Ultron Conclusion
A Givvo marketing video from last October reveals it had its own cryptocurrency component:
Ultron sees Givvo go full crypto bro with pyramid recruitment and securities fraud.
Somewhat not surprisingly, Ultron’s crypto bro aspirations don’t exist yet.
What is ready to go is investment fraud. Ultron affiliates sign up, invest in Ultron tokens, park those tokens with the company (staking), and collect a passive return.
This is a securities offering and requires registration with financial regulators.
Given Ultron has no external source of revenue (the ecommerce platform flopped so that’s out), returns on invested Ultron are thus paid with subsequently invested funds.
Ultron will no doubt come up with some pseudo-compliance to explain this away. Without audited financial reports filed with regulators however, this is meaningless.
The MLM side of Ultron pays on recruitment of affiliates who also invest. Given there’s no retail within Ultron’s MLM opportunity, this equates to pyramid recruitment.
Two tiers of fraud, a UK shell company for banking and let’s not forget Givvo is being run by scammers hiding in Dubai.
Good luck getting your money back from them when Ultron inevitably collapses.
Looking towards the inevitable exit-scam, Ultron’s marketing material mentions it’s an “ethereum virtual machine compatible protocol”.
I believe that’s just a roundabout way of stating ultron is an ERC20 shit token. These take five minutes to set up at little to no cost.
For reference, the domain “ultron.foundation” was privately registered on February 9th. This appears to be when Givvo’s Ultron reboot was put into motion.
At time of publication ultron doesn’t appear to be publicly tradeable. If that stays the same, Ultron’s exit-scam will see Tobias Sukenik and Michal Prazenica exit stage left.
This will leave Ultron affiliates bagholding tokens they can’t do anything with.
If ultron is eventually dumped on dodgy exchanges, admins will run off with invested funds leaving affiliates in a sell off race to the bottom.
Whichever route Ultron’s admins choose, math guarantees the majority of participants in Ponzi schemes lose money.
Update 1st August 2022 – A reader has written in to advise Ultron is being promoted under “Mavie International” branding.
Mavie International represents itself to be a “global affiliate marketing agency”. It operates from the domain (“mavie.global”), privately registered in March 2022.
Mavie International appearing around the same time Ultron was launched puts a big question mark on whether it’s a third-party company, as represented:
MaVie surpassed our expectations in quality and experience. They really deliver good agency work and the backoffice is amazing.
We’re really happy to be working with them.
Jeremy Romain in the comments below claims Michal Prazenica is behind Mavie, which would effectively mean its one and the same company.
Pending information to the contrary, Mavie International appears to just be an attempt to differentiate Ultron’s backoffice from its Ponzi scheme.
Note Ultron’s Mavie International is not to be confused with Ma Vie International, a crypto Ponzi launched in 2018, or Abboud Barakat’s MaVie (sold off to Ariix in 2020).
Update 9th February 2022 – Ultron has made some compensation changes since this review was published.
Namely Ultron dropped euros for tether, added a bunch more investment tiers and changed the MLM ranks.
Ultron is still otherwise the same MLM crypto Ponzi so I’ve updated this review as opposed to publishing a separate update.
Update 27th February 2024 – Mavie Global has launched Lottoday, an NFT grift Ponzi scheme.
Update 13th March 2024 – Mavie Global has launched its second spinoff, 369X.
Update 28th March 2024 – Mavie Global has launched its third spinoff, FlipMe.
Update 26th June 2024 – Mavie Global’s original Ultron Ponzi scheme has collapsed.
Klemen Nicoletti – Big Slovenian scammer behind this. BIG BIG SCAM!
Hello, i came across this article and have to say, one of the partners of Tobias Sukenik and Michal Prazenica is also Rok Šincek, a Croatian scammer, who scammed my wife for thousands of euros for ONECOIN scam.
He took our cash and promised heaven on earth. He sold to us his own Onecoins and he promised these coins will grow for big value and we will win a big money.
Nothing happened and since then my wife is trying to find Rok Šincek. He is hiding here in Zagreb as we know and avoiding all responsibilities, living his life with our money.
Rok Šincek is one of the presenters for the TBF dog food MLM scam here in Croatia.
Ah another time these assholes…..Nicoletti Klemen another scam project…
Lost money with lawyers i guess since police knock on his doors because he sold fake tests to slovenian government and Givvo was failing hard, not a lot of people joined. I guess Ferrari was too expensive since he sold it and now drives some Cayenne. Now need to collect new money with this Ultron nonsense.
A lot of Slovenian and Croatian MLM people involved in this.
Nicoletti Klemen Is the owner, now he made a contract with Kari (the idiot eagle). A bunch of scammers trying to pretend they build a layer one solution.
They already have a big problem in Dubai as they tried to scam a local emirati. Big problems will fallow, somebody prepared them a BIG surprise
Stay tuned!
Still sure Is a scam? They are in preseed now and i am confused on it.
Same business model = Ponzi scheme.
You can’t “preseed” your way out of running a Ponzi scheme.
article totally devoid of true information bases. based on the study of the network but not on the already working blockchain (Ozedit: snip, see below)
BUH MUH BLOCKCHAIN!
A Ponzi scheme on dUh BlOcKcHaIn is still a Ponzi scheme. If you want to ignore Ultron being a Ponzi scheme and discuss blockchains, do it somewhere else.
Oz your are totally without knowledge about ponzi scheme. Please study network Bro.
Study Ultron, this article could be written by my 4yo son,
I’m glad to hear that, despite having a shitforbrains parent, your 4 yo son has already exceeded you in life.
Stop losing money in Ponzi schemes and focus on your son. He deserves better.
Source:
startitup.sk/givvo-platforma-ktora-odstartovala-na-slovensku-ziskava-uspech-v-zahranici/
This ties Ultron directly to Prazenica.
Thanks. Figured as much but there it is.
Ultron is the work of serial Ponzi scammers Tobias Sukenik and Michal Prazenica.
……The Latest Scams ULTRON You Need to Be Aware of in 2022.
As cryptocurrencies continue to buzz, people may fear missing out on investment opportunities. The scams can take different forms but often involve fake prizes, contests, giveaways or early investment opportunities.
The scammers may impersonate celebrities or popular cryptocurrency websites to lure victims into sending them money, sharing login information or “investing” in a project.
Ah another time these assholes…..Nicoletti Klemen another scam project… INVOLVED INDIAN MLM SCAMMER.
Lost money with lawyers i guess since police knock on his doors because he fake to indian government and victims was failing hard, not a lot of people joined. Now need to collect new money with this Ultron nonsense.
A lot of indian MLM people involved in this.
The worst part is people a buzy recruiting others to fall 4 ths dam ponzi schm…
First I want to say thank you for this timely review about ultron coin.
few days ago someone a friend of my brother started introducing him to this ultron coin and how it’s gonna yield profit when it’s finally release, but then I take it upon myself to look out for him and that’s exactly what brought me here and now am glad that I found this out.
Thank you once again.
Michal Prazenica Is the CEO of Mavie & Ultron. He does zoom calls for leaders.
Simon Tran dropped Business Club and promoting this now. Ankur Agrawal Promoting It now. Vitally Dubnin and many others.
Review updated to note Ultron’s backoffice tie in with Mavie International.
I advise you to go and have a look at the contract they released on Bsc, there is a clear minting function, the liquidity is unlocked, and there is a bot inside the coin that has generated profits of over 68k.
the function mint of the contract, minting token and sells them on the market. generated a profit of 15k:
poocoin.app/tokens/0xd983ab71a284d6371908420d8ac6407ca943f810
Cool. So where are the audited financial reports filed with regulators then?
Blockchain bullshit isn’t a substitute for audited financial reports.
They don’t have nothing, now they are listed on coingeko and coinmarketcap they think they are the masters of the world, the problem is that their audience.
they are all people who already come from previous scams, former Hyperfound users, hyperverse are inexperienced people.
I see them more as bettors, they think they get to $ 5 with their coin, without considering that to get to that figure, the marketcap must be higher than that of bitcoin and etherum.
their communities are frequented by all people fomented by inaccurate things, and for what it would take a while information to prevent these scammers from taking over.
Anyone know anything about the Ultron CEO Shukhrat Shadibekov?
Didn’t look too much into it but looks like the usual failed blockchain bro turned Ponzi story.
Oz do you know anything about Crypto family worldwide?
Another fishy Crypto scheme which on their facebook mention to be owned by Ultron.
(Ozedit: link removed)
Crypto Family Worldwide, whose FaceBook page you linked to, is just an Ulton affiliate’s downline.
Looks to be some random from Sweden who joined on or around July 2022.
edit: Dorde Petrovic is running Crypto Family Worldwide.
Any news? at the moment they are a x11 from launch, I believe most of the money of their funds invested in the presale is blocked and no one can sell anything.
How do you explain the listings on Messari? I believe they are paying a lot to attract new chickens to scam.
I don’t know who to send it to but I have a photo of Zoom del Dev by Mavie Micheal Prazanica, who claims to be in Dubai but is using a logo taken from Google Image doing his lives, modified with the Mavie logo, saying it is his office.
If you tell me who I can send it to, I will send it.
Ultron is in the “recruiting suckers” phase. You can’t legitimize fraud so there isn’t likely to be any substantial updates till regulators catch up and/or it collapses.
It’s a crypto exchange. What’s there to explain?
Crypto exchanges and facilitating fraud go hand in hand. Notwithstanding legitimacy via association isn’t a thing.
Re. the background, Zoom let’s you green screen backgrounds so I’d guess that’s what that is. A badly photoshopped office is probably more entertaining than Prazanica’s Dubai apartment wall.
Hello OZ
I am still confused about this Ultron. Someone introduced it to me at 0.01 and I came here to verify its legitimacy and this post made me not invest. right now it is 0.13. The value has really increased, it is listed on coingecko, can be found on pancakeswap and it’s almost listed on Binance.
This looks like the real deal to me and am contemplating investing. Are you so sure that it is Ponzi?
I just need a genuine answer to help me make a final decision. OZ please I really need your help here.
Ponzi coins are simple:
Number go up = new investors signing up to lose money.
Number go down = withdrawals by admins and earlier investors exceeding new investment (eventually collapse).
You can verify Ultron is a Ponzi scheme yourself by verifying it is committing securities fraud. MLM + securities fraud = Ponzi scheme.
If you’re asking whether you’ll personally be able to steal money before Ultron inevitably collapses, I can’t answer that. Nor would I have any interest in doing so.
Dear Omoh, they are not listed on binance, but they are on the Binance price tracking which is very different, many shitcoins are listed there. On coingeko you can enter by paying, there is a price tag for that too.
Binance will never list a Ponzi, there are coins that took years to go to binance, and others that try to change their brand, marketing, roadmap to go there without ever succeeding.
it is going up because they have raised a lot of money in Presale, and the money that they have collected are blocked for 5 years so the people who have made x13 cannot sell it, because they do not physically have the tokens they will be gradually released.
Bruh it’s crypto. Push button = infinity tokens.
Also legitimacy via association isn’t a thing. Getting your scam coin listed on exchanges is meaningless for due-diligence.
Oz, have made some more research of Crypto family.
According to Telegram group it is runned by a guy named Nebojsa Katic.
Telegram group: (Ozedit: link removed)
Mikael Samuelsson, Susan Krstic, Violeta Spinu & Ivan Stevur seems to be top leaders in the MLM ranking, most of them seems to originate from Sweden.
Do you know if they have some history behind?
Mikhael Samuelson is a long time MLM shill with a history of working with Jan-Eric Nyman. Sooner or later his Norwegian friends will no doubt appear.
Rok Šincek and Violeta Spinu are ex-OneCoin promoters.
I know the surname Krstic but am not familiar with those individuals.
Oz, Crypto family is making a reboot called Crypto family 2.0
It seems to grow bigger and bigger looking at their telegramgroup.
Are you investigating this?
See #24.
HAHA! Gained a 10x already only with the coin no network marketing LOL. And everyone here complaining about a scam hahhhaahhaha.
Aww, crypto bro #296,815 thinks 10x a worthless Ponzi shitcoin = actual money.
Sorry for your loss.
The whole mavie can be one huge scam on investors. They have no money and no assets.
Michal Prazenica makes zoom calls only at night. He is chasing money from investors.
I believe the police have already started an investigation and according to his passport they will find him in Dubai! There is a minimum of 3 years in prison for fraud!
I met these guys Tobias Sukenik and Michael Prazenica. Still the same group of fraudsters with Slovenians.
They are fun, but they are scammers and have no assets to build. Everything is imaginary.
And Michael always says that if he knew how it would turn out, he would have to have a magic bullet!
It’s wasted money! They just extract money from investors. The police should start investigating them!
:)) They are both in Dubai, making a good life and a real shit ponzy scheme.
Police can’t do anything as long as they are here, but they are also traveling. And trust me, they are making biiiiig money.
Just completely confused. Don’t even know what to belief. Meanwhile, what brought here is my inability to find ultron App on play store.
This raised my curiosity. However, this argument whether it’s real or unreal has not succinctly dealt with.
I’m about to invest in Ultron this week but with all these allegations of it being a Ponzi scheme and also controlled by team of scammers is making me having rethink.
For the last, Is Ultron a Scam? Someone should please help me out.
There’s a review above these comments. Read it.
Ultron already getting into South American countries.
Ecuador and Colombia starter to get big investors, promoting blockchain projects on their plataform will get paid.
We are the number one technology company in Ecuador and we working on real blockchain projects, they want our projects to go under their plataform and they are willing to pay us !!!
This info it’s bad news to all negociation we had in place, thanks Oz for the alert.
Scammer sociopath and fake god lover Faith r.Sloan queen wiki brings the scam to poor Philippines..
That woman needs urgent psychiatric help and jail.
youtu.be/U_nRvYB3LKI
How much ignorance! It’s not an ETH token that you can make in 5 minutes.
It’s an ETH blockchain EVM fork that you can make in 5 hours lol.
5 hours? Are you coding by hand?
Just *push button*, out comes Ponzi token.
Review updated with Ultron/Mavie Global’s compensation plan as of late 2022.
They’ve made some minor adjustments (no more euros, now USDT), not enough for a separate v2 review.
Hat tip to the BehindMLM reader who reached out to let me know.
Oz, have followed CryptoFamily for months now and nowadays they are not mentoning any relation wirh Ultron any more.
It is runned by a Slovenian guy named Nebojsa Katic and are now reqruiting suckers and launching a ”CF Token”
Review material?
linktr.ee/familytoken
Thanks for that. Looks like CryptoFamily has spun off into its own MLM Ponzi scheme.
I’ve added CryptoFamily to the review list.
At this link, you can see the whole structure of the Ultron & Mavie scammers and how they are linked to past scam businesses.
The article is published in Italian crypto portal:
– decripto.org/ultron-e-mavie-chi-ce-dietro-il-progetto-crypto-scammer-e-venditori-di-creme-tutti-i-nomi/
– Link to the team structure: miro.com/app/board/uXjVPlL-Few=/
Hey Oz, thanks for this post. I read it last year before thinking of investing in ultron.
They are using usdt and I don’t even think that stablecoin is going to be sustainable for too long but that’s my opinion.
Can you give a v2 update on mavie/ultron? They rolled out a game called lottoday with more payout tiers it seems.
Thanks for the updates. Has anything actually changed regarding the MLM opportunity though?
I checked the social and Mavie is busy desperately gaslighting on about how ULX “isn’t a security”, ignoring the Ponzi scheme they’re running through it.
Lottoday is some gambling rubbish, looks like they’re pulling a Crowd1 from the early days.
I did see something about Mavie Global promoters being able to “own 10% off IP rights to entire Lottoday software”, but the comp plan Mavie Global is using still appears to be dated back to August 2022.
I think Ultron may have good intentions, they keep surprising.
I think Ultron is real project, because we should all look out that every online business are all coming with great risk, I have invested during the presale but I can understand I make the right decision.
The only intent behind a Ponzi scheme is to steal money. Sorry for your loss.
We should not only know the names of OneCoin scammers, but also what they look like. The following screenshot shows Dusan Torbica – Rok Sincek – Nikola Adzija – Branislav Curcic and Andrej Novak:
share-your-photo.com/2933682893
mlmprevara.wordpress.com/2019/03/09/email-poruke-dobijene-putem-sudskog-naloga-otkrivaju-da-je-onecoin-bio-prevara-od-samog-nastanka/
Sime wrote on June 22, 2022:
https://behindmlm.com/companies/onecoin/frank-schneider-admits-to-onecoin-money-laundering/#comment-454741
Former OneCoin and Dagcoin scammers Andreea and Iulian Cimbala have switched to scamming with Ultron. Details here:
https://behindmlm.com/companies/onecoin/ruja-ignatova-being-murdered-in-2018-is-unlikely/#comment-469997
Former OneCoin scammer Henrique Machado, DealShaker Country Manager Portugal, also promotes Ultron and MaVie simultaneously on his YouTube channel with numerous, short videos:
share-your-photo.com/09df0eedc1
share-your-photo.com/17f0d7fb81
youtube.com/@HenriqueMachadoHM/videos
In his profile photo, this serial scammer from Portugal on YouTube still shows the OneCoin asshole logo:
share-your-photo.com/78233bd252
In December 2021, four years after Ruja disappeared without a trace, Henrique Machado posted this old photo with him, Ruja Ignatova and Juha Parhiala on Facebook:
share-your-photo.com/25b6ef3f6e
facebook.com/photo/?fbid=10220627772630846&set=ecnf.1430907116
BehindMLM reported back in May 2021 that Juha Parhiala had likely died:
https://behindmlm.com/companies/onecoin/top-onecoin-scammer-juha-parhiala-dead-unconfirmed/
At the end of 2021, was Henrique Machado still proud of the fact that he had worked with these two top scammers for a long time?
So this is already in my country too and a lot of young people i know are in this. It looks very attractive to join but it doesn’t even hide it is a pyramid scheme.
I hope that this gets more attention and that it starts getting attention by mainstream people so people stay away from it.
ulx went up then dropped omce barksdale was seen hanging around. they wont even answer any emails at all, even tho im an “investor”. says it all.
One of the scammers from this givvo scam is also Tomi Vodnik – very well known Slovenian scammer (he worked with Klemen Nicoletti too).
After GIVVO was over, he started scamming with with new investment mlm pyramid scheme in Africa.
I can confirm, that one of the scammers is Tomi Vodnik in collab with Klemen Nicoletti. Tried to scam me with Givvo as well.
He is focusing mainly on african population, where it is easier to scam people and where it is weak legislation for prosecution of scammers.
A man named jasazigert recently had a briefing session in Korea at maviegloval. In Korea, more and more people are investing in Ultron and Mavie.
He says these articles are fake news. I want to know the truth. I showed this article, but I was ostracized.
The moment a scammer trying to recruit you trots out “fake news”, they’ve run out of excuses.
You can verify the information in this review yourself. With respect to South Korea, securities are regulated by the Financial Services Commission.
Mavie Global and Ultron aren’t registered with FSC, meaning they are operating and recruiting illegally in Korea.
MLM + securities fraud = Ponzi scheme.
the owner of this ponzi sheme is Klem Nicoletti. They are faking the defi, wanna be some global crypto all they do is ponzi hype with different mlm leaders.
Behind are a bunch of Slovenian guys and also Tobias and Michael who are from Slovakia. The rest are just puppies who sell their fake story.
Klemen Nicoletti , Tomi Vodnik and other promoters in Slovenia abused children in the school for their own scam promotion.
This is illegal in Slovenia, and just showing what kind of dirty job these guys are ready to do for their own benefit.
Check Tomi Vodnik post:
facebook.com/photo?fbid=10221005463787424&set=a.3024119203120
hello, any updates? in my country people reach one year investment and now they want to withdraw his 30% profittm, they say they will burn 90% of the withdrawl….i am shock i really trusted the company…
Latest update: Ultron and Mavie Global are Ponzi schemes. Sorry for your loss.
Was searching for a person “Angie James” and noticed you’d already mentioned her in the CashFX fraud. lol.
Now she is promoting Ultron/Mavie/Lottoday/Flip-me along with Dajo Castelein and Dani Balogun.
Sounds like things are going well for her.
Hi guys
I understand from the above that Mavie might be a Ponzi scheme . This is disturbing news for me due to prior active involvement and I need your help with tech stuff for better understanding .
How / Where can we check if a blockchain is L1 ?
Where can we check if an dapp is on Binance which is what Lottoday is claiming to be.
Regardless of something fishy about Mavie Ultron and it’s CEO, considering they are pulling off the Lottoday there is a good chance they will pull off the online bank FLIP ME and that would be warmly welcomed by the crypto community. Or why is that impossible in your opinions?
FYI New corporate face appeared on the ultron scene- ALEX TOPIC was out of the blue introduced as ultron CTO. Any info on him?
Instead of wasting your time with pointless due-diligence, keep it simple:
MLM + securities fraud (you can verify this) = Ponzi scheme.
In Chile there’s a so-called GOAT TEAM promoting this scam. Their local leaders, Freddy and Pablo, won’t let you comment in their social media groups.
Their heads have already reached diamond ranks which means they have scammed hundreds of victims not only from Chile but also from the rest of the continent.
They make it sound as a legitimate opportunity but according to the members who have completed one year doing staking of their investment and had been promised to withdraw a 30% of their investment, the company is restricting them from doing so by taking almost the total of their withdrawal in order to support the community growth (wtf), and those who bought gaming hubs of 100 up to 100,000 usdt as an investment being promised to receive gains forever, they have been only receiving cents during the course of the last months.
Now they have a new product called Finup that is to be a binary AI trading system. No matter how many products they launch, people continue to fall for the promise of unlimited wealth not realizing that the money they make is only due to new victims being added to this ponzi scheme, and they haven’t taken into account that their shitty ULX coin keeps on falling down since there’s nothing to truly support its value, and it will continue falling as long as more high rank leaders keep on making money out of the foolish.