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OneCoin - rise and fall!

Crowd1 - Svenska Nyheter!

Johan Stael von Holstein abandons Crowd1, on the run?

Crowd1 CEO Johan Stael von Holstein has abandoned Crowd1 and its investors!

The abrupt announcement was made earlier today (11/12, 2020), via a press-release issued by Mattias Tönnheim. Tönnheim works for Crowd1 PR. As per his press-release; As of November 23, 2020, Johan Staël von Holstein steps down as CEO and sole administrator of TIM (Tecnología de Impacto Multiple) and leaves both the Crowd1 and the ICT (Impact Crowd Technology) organization due to health reasons. Holstein is being replaced by Johan Westerdahl, promoted up from Crowd1’s Chief Commercial Officer.

Whether Holstein had fled Spain is unclear. For their part Crowd1 has advised; "No further comments will be made on the above issue at this point"

In the last week alone Crowd1 has received 4 new securities fraud warnings across Europe (Slovakia, Hungary, Peru and the Czech Republic). All in all 13 countries have issued securities fraud warnings against Crowd1. Unfortunately neither Spain or Sweden have taken any action, at least not publicly.

Cryptocurrency and MLM scams, alerts, reviews and warnings!

This page will give warnings about scams and share alerts and reviews about cryptocurrency and MLM businesses. Learn how to distinguish scams. MLM + passive investment opportunity is securities offering. If not regulated means it's an investment fraud. Read more about Securities Act of 1933.

Every day suspicoius MLM companies enter the market. Some are probably good players, many are not. Coincorner is an independent site and can hardly cover every business on the planet. There are many warnings out there, e.g. Finansinspektionen in Sweden has 12 000 warnings registered!

MLM can be a legitimate business. However it depends on how it is run. Do your due diligence and don't fall in the hands of scammers. Make the right decisions and don't be hasty. Being scammed, always report to the financial authorities (links on this page). They have the power to shut these scams down.

If it sounds to good to be true then it's probably also not true. No one give anything away for free - not even rich people. Warnings does not mean Coincorner necessarily share others opinion in detail.

What is a pyramid scheme?

MLM vs pyramid and Ponzi schemes

Legitimate MLM companies sell physical products. Commissions are paid solely from sold physical products - not from solicitation.

Pyramid and Ponzi schemes;
- Do not sell physical products
- Often sell online "education" packages (no real value)
- Commissions are paid to the network from recruiting new members (solicitation) instead of sold physical products
- Are illegal (in most parts of the world)

Watch out!

Cryptocurrency Scams

As more people get interested in cryptocurrency, scammers are finding more ways to use it. For example, scammers might offer investment and business “opportunities,” promising to double your investment or give you financial freedom.

Watch out for anyone who:

¤ guarantees that you’ll make money
¤ promises big payouts that will double your money in a short time
¤ promises free money in dollars or cryptocurrency
¤ makes claims about their company that are not clear

What is a Ponzi scheme?

BBC Africa - unmasking Crowd1

BBC Africa Eye documentary - Unmasking the Pyramid Kings: Crowd1 scam targets Africa. 

 

Pyramid schemes concept

In a pyramid scheme, an organization compels individuals who wish to join to make a payment. In exchange, the organization promises its new members a share of the money taken from every additional member that they recruit. The directors of the organization (those at the top of the pyramid) also receive a share of these payments. For the directors, the scheme is potentially lucrative—whether or not they do any work, the organization's membership has a strong incentive to continue recruiting and funneling money to the top of the pyramid.

Such organizations seldom involve sales of products or services with value. Without creating any goods or services, the only revenue streams for the scheme are recruiting more members or soliciting more money from current members. The behavior of pyramid schemes follows the mathematics concerning exponential growth quite closely. Each level of the pyramid is much larger than the one before it. For a pyramid scheme to make money for everyone who enrolls in it, it would have to expand indefinitely. This is not possible because the population of Earth is finite. When the scheme inevitably runs out of new recruits, lacking other sources of revenue, it collapses. Since the biggest terms in a geometric sequence are at the end, most people will be in the lower levels of the pyramid; accordingly, the bottom layer of the pyramid contains the most people. The people working for pyramid schemes try to promote the actual company instead of the product they are selling. Eventually, all of the people at the lower levels of the pyramid do not make any money; only the people at the top turn a profit.

People in the upper layers of the pyramid typically profit, while those in the lower layers typically lose money. Since most of the members in the scheme are at the bottom, most participants will not make any money. In particular, when the scheme collapses, most members will be in the bottom layers and thus will not have any opportunity to profit from the scheme; still, they will have already paid to join. Therefore, a pyramid scheme is characterized by a few people (including the creators of the scheme) making large amounts of money, while subsequent members lose money. For this reason, they are considered scams. Read more

 

File a report

For the US, if you come across one of these scams, contact the Securities and Exchange Commission, the Federal Trade Commission, or your state's securities regulator to get help. For the UK, contact the Financial Conduct Authority.

FBI’s Internet Crime Complaint Center

National registers of authorised investment firms (Europe).

Swedish Economic Crime Authority, Sweden (EBM)

Finansinspektionen, Sweden (FI)*
Issued warnings »

Find alerts from supervisory authorities outside EU/EAA-countries via the database from The International Organization of Securities Commissions (IOSCO).

* FI has over 12 000 warnings registered on their website

 

External sites

Sites covering MLM companies and cryptocurrency markets, giving reviews, warnings and alerts.

* At the moment selfappointed so-called leaders are not mentioned under "warnings" below..

BehindMLM • Cointelegraph • Dead Coins • Exchange Graveyard •  Investor Alerts Portal • Real MLM Reviews • Scam Advisor • Scam Alert • Business For Home (does not report scams but have reviewed some companies here).

Other sites covering the matter:

Investor Gov: Securities Act of 1933

Wikihow: How to distinguish between a pyramid scheme and MLM? 

Cryptotips: Top 6 cryptocurrency scam methods

Investopedia: Beware of these 5 Bitcoin scams

The Balance: Beware of these top Bitcoin scams

Academy Balance: 5 common cryptocurrency scams and how to avoid them

Mychargeback: Cryptocurrency Scams

Consumer FTC: Consumer FTC.GOV

FBI gov news: FBI Gov News

Moneysmart: Cryptocurrencies and ICOs

Coinmarketcap: Nine Things to Know Before Investing in Cryptocurrency

Warnings

Pyramid schemes, Ponzi schemes and security fraud warnings!

Latest active company/ business/ change of name marked, bold. Some of the businesses and companies are dissolved (MLM businesses, as pyramid schemes, usually do after a short time of period). All businesses and/ or companies below has warnings as pyramid (or Ponzi) schemes and/ or security frauds. We can hardly cover every business on the planet. Below you will find some which has come to our attention

red flag  AuLives | Article 1

Front figures: Frank Ricketts (OPN-SiteTalk, Unaico, OneCoin, and Cloud Horizon with brands Ecovo and Amplivo) 


red flag  Auvoria Prime (formerly SilverStar Live) | Article 1

Front figuresCo-owners Hassan Mahmoud and Candace Ross-Mahmoud (rebooted to Eaconomy), Sal Leto (CNO, Vice President of Eaconomy Operations). Sal Leto is former promotor of OneCoin pyramid scheme in US. Sal leto is formerly involved in iPro Network (sued by the SEC in US for being a $26 million dollar pyramid scheme).  Mariska van de Langenberg, Auvoria Prime’s Director of Compliance. Van de Langenberg is another Eaconomy recruit. We first came across Van de Langenberg as CEO of 5 Star Signals* back in 2015. 5 Star Signals, a pyramid scheme masquerading as an MLM trading opportunity, was issued a securities fraud non-compliance fine by the Netherland’s AMF. 

* In July 2016 5 Star Signals collapsed, amidst claims of $180,000 in commissions being stolen. Total investor losses remain unknown. 

Any time an MLM company excludes the US from a legal product or service, it’s a good sign they’re up to no good. In this instance, Auvoria Prime playing coy with US regulators can be traced back to SilverStar Live’s CFTC fine. SilverStar Live was fined because it; acted as commodity trading advisors (“CTAs”) without being registered with the Commission as such, by exercising discretionary trading authority over the forex trading accounts of U.S. customers who were not eligible contract participants (“ECPs”).

Aurovria Prime’s executives:

  • Joshua Phair is Auvoria Prime’s Chief Financial Officer, brought on as an Eaconomy consultant in July 2019.
  • Bill Wynne is Auvoria Prime’s Chief Technology Officer, formerly Eaconomy’s Chief Technology Officer.
  • Vanessa Leto (aka Rosario Lopez) is Auvoria Prime’s Corporate Director, she’s Sal Leto’s wife and evidently partner in crime.

Eaconomy lumps VisiKard, Maurice Katz and Bolt Capital (a shell company registered in Nevis), as developers of what was supposed to be their own virtual assistant app.

Maurice Katz worked with Sal Leto to promote the OneCoin Ponzi scheme across the US. VisiKard is run by CEO Kenneth O. Lipscomb. Katz isn’t mentioned on VisiKard’s website. 


red flag  Belfast Capital Group (allegedly owned by Monecor London LLC) | Article 1 | Article 2Article 3

Front figure: Jan Fischer (Nano Club, FXPrimus and Exelio Token


red flag  BitClub Network | US justice.govArticle 1 | Article 2

Defendants: Matthew Brent Goettsche, Russ Albert Medlin, Jobadiah Sinclair Weeks, Joseph Frank Abel, Silviu Catalin Balaci. 


red flag  BitConnect | Article 1 | Article 2 | Article 3

Front figures: John Bigatton, Madeline Bigatton, Glenn Arcaro. 


red flag  CashFX (Cash Forex Group) | ICC Intercertus Capital Ltd* | FCA.org.ukArticle 1 | Article 2 | Article 3 | Article 4

Front figures: Huascar Lopez, Edwin Abad, John Kinnear, Marisol T. Pinilla, Albeiro C. Guerro, Carolina Raulino, Hildo Emerenciana, Javier Leito, John M.G. Wilson, Jamie Beck, Karolinna Venturi. Lee O’shea, Guillermo Joya, Paul Rubinstein, Ron Pope, Justin Halladay, Hazel Moore, Richard Maude, Luigi Bruni.

NB! CashFx claims having an agreement with third party company, EverFx. In fact, EverFx says -"We would like to highlight that we have never entered into any official legal agreement with CashFX, nor did we have any financial transactions exchanged between us".

The Financial Conduct Authority has banned EverFX from offering services to consumers in the UK. The ban follows EverFX denying it operated as a broker for the CashFX Group Ponzi scheme.

Regulatory warnings of CashFx in: Bahamas (SCB), United Kingdom (FCA), Spain (CNMV, 18.12.2019), Norway (Finanstilsynet), Panama (SMV), Denmark (DFSA, 11.12.2019), Sweden (FI), Peru (), Italy (CONSOB - May 3, 2020), Jersey (JFSC), UK (JFSC), New Zealand (FMA), Belgium (FSMA), Canada: Manitoba (MSC - click on "investor cautions"), British Columbia (BCSC), Saskatchewan (FCAA), Quebec (AMF), New Brunswick (FCNB), Phillipines (SEC), South Africa (FSCA), Ireland (CBI), Portugal (Banco de Portugal), Australia (ASIC).

CashFx is not regulated by any of these authorities; FCA (Financial Conduct Authority in UK), DFSA (Financial Services Authority in Dubai), FSCA (Financial Sector Conduct Authority of South Africa) and FSA (Financial Services Authority of Seychelles). Cash Forex Group is not registered to offer securities in the USA. 

* ICC Intercertus Capital Ltd is authorised and regulated by Cyprus Securities and Exchange Commission (CySEC). Cash Forex Group (CashFx) is not. 


red flag  Cloud Horizon | Article 1

Front figures: Frank Ricketts (Unaico, OPN-SiteTalk, OneCoin, AuLives), Staffan Liback (OneCoin), Nattchaphan Sornsirenan (OneCoin, Orientum).

Team: Dusanka Boras, Ognjen Stoisavljevic, Lav Crnobrnja, Ivana Srdoc, Snezana Kovacevic, Slobodan Stojanovic, Milan Manojlovic, Nemanja Avramovic, Ivan Dondur, Milos Stefanovic, Iva Milanovic, Srdjan Prpa, Srdjan Mirkajlovic, Dusan Kovacevic, Aleksandar Vujacic, Aleksandra Simovic, Ajla Musovic, Viktor Tuba, Marko Talijan, Dragoslav Kotorac, Marko Gudelj, Igor Jovcic, Jovana Kovac. 


red flag Cloud Token | Article 1 | Article 2

Front figures: Ronald Aai, Daniel Csokas.
Promoters: Justin Halladay, Luigi Bruni, Faith Sloan


red flag  Conligus* | Article 1 

Front figures: Jonathan Camilleri, Aron Steinkeller, Christian Steinkeller and Stephan Steinkeller (called the "Steinkeller brothers").

* Conligus was merged into OneCoin mid 2015. 


red flag  Crowd1 | Impact Crowd Technology (ICT) | Article 1 | Article 2 | Article 3 | Article 4BBC Africa unmasking Crowd1

Front figures: Johan Westerdahl (new CEO, former Chief Commercial Officer), Jonas Werner (founder of Crowd1, Synkronice-Springlo, OPN-Sitetalk), Johan Staël von Holstein (former CEO, left Nov 23, 2020).

Regulatory warnings of Crowd1 in: Norway, Czech Republic, Slovakia, Hungary, Namibia, Paraguay, Gabon, Vietnam, Cote d’Ivoire, New Zealand, Mauritius, South Africa, Philippines, Peru. 


red flag  Crypto888 -> Octa Partners -> Nano Club -> Nano Crowd | Article 1

Front figures: Alexander Romanov, Joseph Tran 


red flag  CubeBit/ CubeBit 2.0/ CubeBit Philippines (Cubebit Business Solutions Limited) | Read more

Front figures: Konstantin Janke (fake CEO), Paul Schwartz (fake CEO), Romel Gumiran (Global Ambassador), Joe Bedore, Jojo Tan, Sherman Sager., Dave Baguyo.

Sherman Sager, Allan Tad-y, Joe Bedore and Jojo Tan are CubeBit affiliates believed to be residing in the US. Paul Hermosa, Andrew Castillo, Rowel Rana and Ellanor Macaballug all appear to be Philippines based CubeBit affiliates.

Warnings are issued in several countries e.g SEC Phillipines

Despite offering securities to US residents through CubeBot, CubeBit is not registered with the SEC. Not withstanding pyramid schemes also being illegal as per the FTC Act.

Outside of the US CubeBit is just as illegal. The company isn’t registered to offer securities in any jurisdiction. 


red flag Daisy AI (tied to EndoTech, iGenius) | Article 1 | Article 2

Front figures: Anna Becker, Dmitry Gushchin.

Warnings. Belgium (FSMA) and more.

EndoTech is an Israeli firm tied to Daisy AI and iGenius, both of which commit securities fraud and operate illegally. 


red flag  DagCoin | Article 1 | Article 2 | Article 3

Front figures: Nils Grossman (former promotor of OneCoin).

Warnings: Oman (CBO), Jordan (CBJ, page 24, left col). 


red flag  eComelize1 | Article 1 | Article 2

Front figures: Jan-Eric Nyman, Thomas Myhrvold, Morten Bjørge and Lloyd Moore.
Global ambassadors:  Asad "Mohammad" Kibreya, MD "Mohammad" Moniruzzaman.
Scandinavian ambassadors: Bente Fossli, Anne Liv Dahle.

1 eComelize management is reported to the UK Police (FCA fraud department) by Duncan Arthur, owner of ByCoi


red flag  EmGoldex -> Global InterGold -> GIG-OS (Global I Gold Online) | Article 1

Front figures: Joseph Tran, Magnus Muhrén, Ronnie Sköld, Kevin Miranda, Ryan Manuit, Charles Juiz Padilla, Rabel Ymas, John Rafael Calicdan, Paul Alviar.

Team USA: Matthew Michael D’Agati, James Vincent Piemonte, Jonathan Herman Siegler and Joseph Zingales. 


red flag  "Elon Musk" scam - Fake SpaceX YouTube Channels Scam Victims Out of $150K in BTC

"Elon Musk" giveaway scam pages are (known scam): Dropelon.in, Dropmusk.in, Eloncoin.co , Muskcoin.io, Muskdrop.ca, Elonx.help, Muskdrop.best


red flag  Elysium Network (Elysium Capital) | Article 1

Front figures: Fred Pascal Stege (CEO, Chief Legal Officer), Daniel John (COO). 


red flag  Enigro Group | Read more

Front figures: Jarle Thorsen (Worldwide Alliance , T5PC , World Games Inc. and PlexPay). 


red flag  EtherChain / TronChain/ CyberChain/ Eclipcity GlobalArticle 1 | Article 2

Front figures: Andreas Kartrud


red flag  Firstcoin Club | Article 1

Front figures: Gyorgy Peresztegi-Nagy, Gabor Kisbenedek and Bella Kisbenedek. 


red flag  Finalmente Global | Article 1

Front figures: Kobus van der Merwe

As per a message uploaded to the scam’s website, Finalmente Global has collapsed. 


red flag  GetOn (Global) | Article 1

Front figures: Milan Kozlevčar (also involved in Socratescoin, Proncoin and Piplcoin/ PiplShare). Kari Wahlroos (Global Ambassador), Jonas Todorovic, CNO. 


red flag  HyperCapital -> HyperFund | Article 1

HyperFund is a reboot of the collapsed HyperCapital Ponzi scheme.

Front figures: Ryan Xu (aka Zijing Xu), under the “HyperTech” umbrella.

Securities fraud warnings: Guernsey, UK and New Zealand. India has also reported


red flag  IQ Chain -> IQ Legacy | Read more

Front figures: John Barksdale, Anthony Norman (acquisition)


red flag  IQ Legacy -> IQ 5050 -> Bakuhatsu | Read more

Front figures: Anthony Norman, John Barksdale, Holton Buggs, Ian Cassiman (CEO Sprinkle AB)


red flag  Jubilee Ace | Article 1 | Article 2 | Article 3 | Article 4

Front figures: "Tony Jackson" is CEO (fake name, actor)

Brands: Ace Quantum Universal Arbitrage (AQUA), AQUA Commidities, AQUA Sports, AQUA cryptocurrency, Jenco (Jubilee Energy and Commodities). 


red flag  KaratBars International -> Freebay -> LifeBase (rebranded) | Article 1 | Article 2

Front figures: Harald Seiz, Vash Turner (aka Va’Shun Turner).

Since July 2019 Karatbars has also received regulatory attention in; Namibia, New Zealand (Freebay added), Canada, Germany, South Africa and Bahamas. 


red flag  Kuailian Eco-system (Kuailian and Elysisum) | Article 1

Front figures: David Ruiz de Leon (CEO and Co-Founder), Javier Hermosilla (CMO and Co-Founder), Joan Francesc Boncompte (CoFundador CryptoCoincept), Carles Torrecilla (Co-Founder CryptoCoincept).

A search of CNMV’s register reveals Kuailian is not registered to offer securities in Spain. Kuailien is not registered to offer securities in any jurisdiction. 


red flag Mirror Trading International (MTI) | Article 1

Front figures: Cornelius Johan Steynberg

Securities fraud warings in South Africa, Canada and other places. Texas has issued a cease and desist order. Recently media announced; CEO of MTI, Johan Steynberg is now "missing". 


red flag  Nanoclub -> Nano Crowd -> Ormeus (Global) | Article 1Article 2  

Front figures: John BarksdaleRick Fleshman (co-founder Ormeus Global, Earnware Corporation, iAM Marketing, BioLink International), Stijn Vanstraelen, George Van Wijk, Pieter Van Devijver, Kris Lemmens, Kristof De Vlieger, Tim Vermeiren, François Colin, Patrick Vermeesch, Hendrik Hendrickx, (Fredrik "Nollan" Norlin). 


red flag  Namiro | Article 1

Front figures: Namiro provides no information on its website about who owns or runs the company. 


red flag  OmegaPro | Article 1 | Article 2 | Article 3

Front figures: Dilawar Singh, Andreas Szakacs.

Warnings in France (AMF), Spain (CNMV) and more. 


red flag  OneCoin Limited (affiliate pages: OneLife, DealShaker, OneForex, CoinCloud, OneAcademy) | US justice.govArticle 1

Front figures: Veska Ignatova, Ruja Ignatova (founder), Konstantin Ignatov (former captain), Simon Le (former Captain), Cordel "King" Jayms (captain OneLife Network), Sebastian Greenwood (no 2). Read more

External connections: Mark Scott, David R Pike, Gilbert Armenta, Frank Schneider. Read more
Head of Sofia office: Irina Andreeva Dilinska, Veselina Volkova, Veska Ignatova, Fernando Rys (Hong Kong).

CEO OneCoin/OneLife (former): Nigel Allen, Pablo Munoz, Pierre Arens.

Consultant (former): Frank Ricketts (sold and merged OPN/SiteTalk into Onecoin). 


red flag  OneDealer A/S in NorwayRead more

Front figures: Morten BjørgeThomas Myhrvold (former merchants on OneCoin platform, DealShaker, but was kicked out from the platform receiving frozen accounts. Now involved in the pyramid scheme eComelize, owned by Jan-Eric Nyman besides Coltan, Monopera and Tredan (new pyramid scheme). All three persons above are reported to the UK Police for fraud besides Lloyd More (also involved in the pyramid scheme, eComelize)


red flag  OneLink | Read more

Front figures: Simon Le 


red flag  Opportunity Network* | Article 1

Front figures: Rune EvensenThomas Nordlund, Frank Ricketts.

* OPN Network (formerly SiteTalk) was sold and merged into OneCoin early 2016. 


red flag  Ormeus Global -> IQ Chain | Article 1 | Article 2

Front figures: John Barksdale, (Fredrik Palmeus). 


red flag  Orientum | Read more

Front figures: Nattchaphan Sornsirenan


red flag  PBX Trading (rebrand of Premium Business) | Article 1

Front figures: Ronald De Leon. Named Premium Business promoters conspiring to commit securities fraud with De Leon include Jerry D. Manabat, Gladys Violago, Kentclay Morales, Daisy Lazy Aureada, Jovan S. Derecho, Thea Pauline Eve R. Salva, Catherine T. Hape and Sunshine Grace F. Mission.

Philippine SEC securities fraud notice issued against Premium Business. 


red flag  Plus Token | Article 1 | Article 2

Front figures: Several


red flag  QubitTech - Rebranded to QubitLife | Article 1 | Article 2

Front figures: Greg Limon (CEO).

CNMV in Spain is warning about QubitTech. Ukraine warns about Qubittech as well as Bahamas and Malaysia. QubitLife is banned permanently in Italy (CONSOB


red flag  SiteTalk* | Read more

Front figures: Rune Evensen, Frank Ricketts, Sebastian Greenwood.

* SiteTalk/ OPN was merged into OneCoin 2015. 


red flag  Skyway Capital/ New Economic Evolution of the World with abbreviation, NEEW/ EvoRich | Article 1 | Article 2 | Article 3

Front figures: Evgeny Kudryashov

Issued warnings in Estonia, New Zealand (FMA)*, Lithuania, Latvia (FCMC), Belgium, Greece (HMC), Germany (Bafin), Sweden, Spain (CNMV), United Kingdom (FCA). 

*The FMA recommended that the general public exercise caution before dealing with the New Economic Evolution of the World, abbreviation NEEW (formerly Skyway Investment Group, Skyway Capital, Skyway Group) and the websites www.tng-neew.com (the website) and www.mycryptounit.com and www.skywayinvestgroup.com. We believe NEEW has the hallmarks of a scam


red flag  Swag | Article 1

Front figures: Gabriele Stampa. 


red flag  Swiss Coin | Article 1

Front figures: Manfred Mayer


red flagUnaico | Read more

Front figures: Rune Evensen, Kenny Nordlund, Thomas Nordlund, John Ng, Steven Morley, Haarek Andreasson, Frank Ricketts, Dan Andersson. 


red flagUp2Give | Read more

Front figures: Jerry Lopez


red flagInnerQuest Global Ltd/ CrowdBridge Global -> Wantage ONE6 -> M Lange 2 AB -> World Wealth Club | Read more

Front figures: Anthony Norman (Owner of Wellmont Capital N.V., Dragon Global Solutions Ltd and more), Michael S. Wexler (managing director Wellmont Capital), Heresh Ariai (formerly CTO Sprinkle AB), Torben Pedersen (Valens GroupValens Holding AG, Valens Bank, Valens Pay Ltd, Valens FinTech Capital, Valens Clearing Ltd, Valens Legal Ltd, NovaMarket OÜ), Linus Conny Söder (Wantage One AB, Systemhus AB and more), Thony Norelli (has changed his name to "Bo" Thony Johansson, JoL Consulting Ltd, NovaMarket OÜ, Fusion Finance OÜ, Pimboo OÜ and more), Martin Bylsma (CEO Wantage One), Matt Conelly (trader Stratevic Finance Group, Dragon Global Finance).

Strategic partner: Kenny Nordlund (Head of strategic partnerships and acquisitions) and Udo Deppisch (Chief Network Officer).

Anthony Norman has also been involved in pyramid schemes such as; SpinGlo (trade mark of Phoenix International Network Ltd), Synkronice (renamed to "Trig" in 2013) and Enwire.

Transitions:

* AB Startkapitalet ->  Mennta Sverige AB -> Mennta Sverige AB (publ) -> Mennta Sverige AB (publ) to Office Provider Sweden AB (publ) -> Office Provider Sweden AB (publ) to Radio Frequency Investment Group Sweden AB -> Radio Frequency Investment Group Sweden AB to Mobicard Media Group AB -> Mobicard Media Group AB to Trig Media Group AB. Trig Media Group AB is parent company to Stockholm IT Ventures AB. AB Grundstenen -> Trig Social Media AB -> Stockholm IT Ventures AB -> Stratevic Finance group AB10,12

Cases:

1 Trig Media Entertainment (556781-3729), bankruptcy 2018-04-25.

2 Best of all Worlds AB (556810-7626), bankruptcy 2019-02-18.

Angel Business Development Scandinavia AB (556872-2887), liquidation 2016-04-06, bankruptcy 2019-10-07.

4 Viral Angels Equity Club  (769626-6357) is ordered bankruptcy 2019-11-13.
Answering 1: MindFlite Capital AB6. Answering 2: Anthony Norman
. 

5 Sprinkle AB (559126-8627), bankruptcy 2020-02-20.

6 Wantage ONE AB (556669-3270), bankruptcy 2020-03-26. 

7 Trig Media Group (556654-3707), liquidation 2019-08-22, bankruptcy 2020-06-25.

8 Mindflite Asset Management AB (556489-5265), bankruptcy 2020-10-13.

10 Watch Out Consulting AB (556690-8405), suing Stratevic Finance Group9,12 2020-12-21.
Answering 1: Anthony Norman.

11 Mindflite Capital AB (556901-9986), bankruptcy 2020-12-28.

12 Stratevic Finance Group (556788-2807), application for bankruptcy 2021-01-07. Has been fined by Finansinspektionen 2019-09-18 and 2020-10-08. Has been fined by Bafin in Germany on 2019-11-25. Liquidation decided 2021-02-03. Bankruptcy ordered by Swedish district court in 2021-02-11.

13 In September 2019, a cooperation agreement and financing agreement was signed with Wellmont Capital Group N.V. and METALLVÄRDEN i SVERIGE AB (PUBL.). In connection with this, Wellmont signed a convertible debenture of SEK 4.5 million. Wellmont has however, could only live up to its commitment to a limited extent - only about SEK 1,716,000 was paid. The collaboration with Wellmont Capital Group was discontinued during the first half of the year (2020). 


red flag Wiseling | Article 1 | Article 2 | Article 3 | Article 4

Front figures: Mattias Lappo (CEO, co-founder), Elias Mattila (vice chairman, co-founder).
Promoter in US: Michael Lucas.

Warnings in i.e. Finland (2020-11-26), Bahamas. 

The Bank of Finland has received a number of enquiries concerning the company Wiseling Oy and whether the Bank of Finland has a contract with Wiseling Oy concerning credit cards. The Bank of Finland has no contract with Wiseling Oy. The Bank of Finland also does not issue any payment or credit cards such as VISA or Mastercard. 


red flag Zeniq/Safir | Article 1

Front figures: Erwin Dokter (CEO of Zeniq Technologies). Erwin Dokter is also CEO of Safir International. There is a promo for Safir International and Juwelis Digital Systems. Erwin Dokter is also CEO of Juwelis Digital. The original plan was to launch Safir International with Juwelis Digital and Juwelis Coin in late 2020. Juwelis Digital and Juwelis Coin flopped, so Dokter rebooted Safir International with Zeniq Technologies and Zeniq Coin. Reboot in April 2021Erwin Dokter is from Austria and on Instagram claims to be a former professional swimmer.


More will follow...