ABQTBOT Review: Quantitative trading “click a button” Ponzi
ABQTBOT fails to provide ownership or executive information on its website.
ABQTBOT’s website domain (“abqtbot.com”), was privately registered on May 21st, 2024.
Of note is ABQTBOT’s website domain being registered through the Chinese registrar Alibaba (Singapore).
In an attempt to appear legitimate, ABQTBOT offers up a UK shell company certificate:
AB Quantitative Investments Limited was in fact registered in the UK in August 2020. Given this predates ABQTBOT by almost four years, it’s obvious AB Quantitative Investments has nothing to do with ABQTBOT.
ABQTBOT also offers up this “company employee contract”:
I’m sure whoever put that together figured it was supposed to signify something. No idea what.
ABQTBOT has already attracted the attention of financial regulators. The Central Bank of Russia issued an ABQTBOT pyramid fraud warning on June 11th, 2024.
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. [Continue reading…]
TLC Trading claims Ponzi scheme insured by Liga Insurance
TLC Trading is claiming funds invested into its Ponzi scheme are insured by Liga Insurance.
The claim was made by the second actor to play fictional TLC Trading CEO Armen Sargasyan, in a marketing video published to YouTube earlier this week.
MK-Life Review: Stolen identity “click a button” app Ponzi
MK-Life, aka MerckVIP, fails to provide ownership or executive information on its website.
MK-Life’s website domain (“mk-life.vip”), was registered with bogus details on June 3rd, 2024.
Of note is MK-Life’s website domain being registered through the Chinese registrar Alibaba (Singapore).
MK-Life has already attracted the attention of financial regulators. The Central Bank of Russia issued a MK-Life pyramid fraud warning on June 11th, 2024.
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. [Continue reading…]
Mavie Global pyramid fraud warning from Russia
Mavie Global has received a pyramid fraud warning from Russia.
As per the Central Bank of Russia’s June 26th warning, Mavie Global exhibits “signs of a financial pyramid”. [Continue reading…]
Bulgaria to prosecute Ruja Ignatova, reward bumped to $5 mill
A joint-statement from Bulgarian and US authorities has revealed plans for the Bulgarian Prosecutor’s Office to charge Ruja Ignatova in absentia.
The FBI is also upping its bounty on information that leads to Ignatova’s arrest to $5 million. [Continue reading…]
OLYMP Quantify Review: Quantitative Trading “click a button” Ponzi
OLYMP Quantify fails to provide ownership or executive information on its website.
OLYMP Quantify’s website domain (“olympusdt.vip”), was registered with bogus details on June 5th, 2024.
Of note is OLYMP Quantify’s website domain being registered through the Chinese registrar Alibaba (Singapore).
OLYMP Quantify has already attracted the attention of financial regulators. The Central Bank of Russia issued an OLYMP Quantify pyramid fraud warning on June 11th, 2024.
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. [Continue reading…]
Michael Rutherford sues Pruvit & Underwood… again.
Former Master Distributor Michael Rutherford has sued Pruvit and CEO Brian Underwood… again.
The June 20th Texas filed lawsuit is the latest legal escalation between Rutherford and his former MLM company. [Continue reading…]
MabCredit Ponzi scammers reboot as Genesis Investment
A visit to Genesis Investment’s website reveals a generic fintech website. Generic marketing waffle with “algorithmic trading solutions”, you get the idea.
Oddly enough though when signing up as a Genesis Investment affiliate though, a familiar logo pops up. [Continue reading…]
Mavie Global’s Ultron Ponzi scheme collapses
Mavie Global’s original Ponzi scheme, built around Ultron and ULX tokens, has collapsed.
As per a communication sent out to Mavie Global investors, new Ultron Ponzi scheme investment will cease from June 30th. [Continue reading…]
Shelly Cullen cops $5.9 mill Lion’s Share fraud judgment
Upon learning she was under investigation for fraud back in 2021, Shelly Cullen quipped;
Fuck the consequences, I ain’t scared.
I jump from scam to scam because I can. What’s the consequences? [A] $600,000 slap on the hand.
Following a conviction back in January, the North Shore District Court has sentenced Cullen to a $5.9 million NZD judgment (~$3.6 million USD). [Continue reading…]
