With its Digital Partners Network Ponzi in tatters, Crowd1 has revealed its next Ponzi play: Metaversy. Metaversy is a new blockchain based trading game where you as a player can trade virtual shares in companies which only exist in the Metaverse! This will be the most revolutionary game you’ll ever play! At the cutting edge […]
Crowd1 migrates virtual shares fraud to crypto Read More »
Two Crowd1 promoters in India’s south-west have been arrested. Authorities in Kerala allege suspects “Joshy” and “Berson” stole over ten million rupees (~$130,000 USD). They lured the gullible investors by promising that 2.50 Euros would be credited to their accounts every week. “The duo cleverly campaigned about the returns, without revealing anything concrete about the
Crowd1 promoters arrested in India Read More »
Crowd1 has “purchased” Miggster off Ponzi collaborator Emerge Gaming. As per an agreement reached in early March, Nibiru e-Gaming AB will acquire Miggster for $5 million AUD (~$3.75 million USD). Miggster was part of Crowd1’s ongoing attempts to legitimize investment fraud with attached products and services. Crowd1 initially launched in 2019 with a gambling ruse.
Crowd1 pays off Emerge Gaming for Miggster Ponzi partnership Read More »
OnPassive and Crowd1 have been declared pyramid schemes by Bhutan’s Office of Consumer Protection. The OCP is part of Bhutan’s Ministry of Economic Affairs and is “mandated to promote and protect economic interest and safety of the consumers”. As per the OCP’s OnPassive and Crowd1 warning; The Office of Consumer Protection (OCP) notifies the general
OnPassive & Crowd1 illegal pyramid schemes in Bhutan Read More »
Nepal’s top financial regulator has issued an illegality warning against Crowd1, HyperFund and Solmax Global. The Nepal Rastra Bank identifies Crowd1, HyperFund and Solmax Global, as MLM companies utilizing cryptocurrency. Network marketing (MLM) and cryptocurrency are both illegal in Nepal. Crowd1 is a long-running MLM Ponzi scheme whose latest offering sees affiliates investing in a UK
Crowd1, HyperFund & Solmax Global illegal in Nepal Read More »
Digital Partners Network claims reporting on its partnership with Crowd1 is defamatory. As per a defamation complaint made on January 19th, Leonard Martin Fertig writes; My name is Leonard M Fertig and I am a founding Director of Digital Partners Network PLC (DPN), a UK corporation. The infringing organisation, Behind MLM, has made defamatory statements
Digital Partners Network claims Crowd1 ties are defamatory Read More »
Crowd1 has received a securities fraud warning from the Central Bank of Russia. As per the CBR’s February 1st, 2021 warning, Crowd1 exhibits “signs of a “pyramid scheme”. CBR’s warning applies to Crowd1 Network Europe LTD, Crowd1 Network LTD, Impact Crowd Technology SL, Impact Crowd Technology Scandinavia AB, as well as any other related Crowd1
Crowd1 pyramid scheme warning from Russia Read More »
A group of Crowd1 promoters in Azerbaijan have been arrested. Following their arrest, the scammers admitted Crowd1 was a fraudulent pyramid scheme. Arrested Azerbaijani Crowd1 promoters include Habil Badalov, Amin Huseynov, Alovsat Mazandarov, Sabahir Farzaliyev, Yasin Amirli and Goychak Dunyamaliyeva. Habil Badalov has been named as the primary suspect. Only five of his arrested accomplices
Crowd1 promoters arrested in Azerbaijan, admit fraud Read More »
Back in June BehindMLM reported on Crowd1’s planned UK shell company share dump. It’s taken four months, but Crowd1 has finally initiated what might be an exit-scam. As revealed in new marketing material; The Crowd1 Rewards programme is to be discontinued. We are pleased to announce we have been in successful discussions with Digital Partners
Crowd1 initiates Digital Partners Network shares dump Read More »
A Ponzi scheme is a zero-sum equation. That is, minor revenue generation aside, it cannot pay out more than is invested. Once you factor in how much the owner wants to keep and other expenses, what’s left to pay out is reduced even further. Crowd1’s latest solution to this problem is the Bonus Security System.
Crowd1 restricts withdrawals through “Bonus Security System” Read More »
