Forsage – Page 2

MetaForce collapses, funds “frozen” while Okhotnikov stalls

MetaForce, Vladimir “Lado” Okhotnikov’s latest Forsage reboot, has collapsed. Investor funds are “frozen” and Okhotnikov is stalling for time. Three days ago Okhotnikov (right), boasted of MetaForce taking in “more than 100 million DAI” from over 300,000 investors. DAI is a cryptocurrency stablecoin pegged to the US dollar. This means Okhotnikov is representing MetaForce has […]

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Okhotnikov responds to SEC’s Forsage lawsuit… with products?

Forsage, Frauds

In a new August 17th MetaForce video, Forsage owner Vladimir “Lado” Okhotnikov states; In this video I will talk about the actions that MetaForce is taking to defend its position in the context of the SEC. Figuring this meant Okhotnikov had responded to the SEC’s August 1st securities fraud Complaint, I pulled up the case

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Mark F. Hamlin settles Forsage fraud with SEC

Forsage, Frauds, regulation

Top US Forsage promoter Mark F. Hamlin has settled a securities fraud lawsuit brought against him by the SEC. As alleged by the SEC, Hamlin stole “at least $565,828” through Forsage. On August 10th the SEC filed a Motion for Entry of Partial Judgment by Consent, pertaining to a settlement reached with Hamlin. As explained

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Okhotnikov challenges SEC on Forsage by confirming Ponzi

Forsage, Frauds

Forsage founder Vladimir “Lado” Okhotnikov has attempted to address the SEC’s Forsage fraud lawsuit against him. After confirming Forsage’s business model is a Ponzi scheme, Okhotnikov falls back on playing dumb. Okhotnikov addressing the SEC lawsuit against him was uploaded to Meta Force’s official YouTube channel. Titled “TV Interview: SEC Claims Are Unfounded!”, the video

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Samuel Ellis & Sarah Theissen settle Forsage fraud with SEC

Forsage, Frauds, regulation

Forsage scammers Samuel D. Ellis and Sarah Theissen have settled fraud allegations made against them. The allegations were made in a lawsuit filed by the SEC, alleging Forsage was a $300 million Ponzi scheme. Ellis (below) and Theissen are two of eleven Forsage scammers sued by the SEC earlier this month. They are the first

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Okhotnikov doubles down on Forsage fraud with MetaForce

Forsage, Frauds

On August 1st the SEC filed civil fraud charges against Forsage co-founder Vladimir “Lado” Okhotnikov. The regulator alleges Forsage is a $300 million dollar Ponzi scheme. That same day Okhotnikov doubled down and held a webinar titled, “Burning Question to Meta Force Founder”. You’d be wrong if you thought addressing the SEC’s lawsuit was a

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Meta Force pyramid fraud warning from Russia

Forsage, Frauds, regulation

Meta Force has received a fraud warning from the Central Bank of Russia. As per the CBR’s August 5th warning, Meta Force exhibits “signs of a financial pyramid”. Meta Force is the sixth reboot of Vladimir “Lado” Okhotnikov’s Forsage Ponzi scheme. On August 1st the SEC filed suit against Okhotnikov (right) and ten insiders and

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Forsage gifting scam reboots with tron

Forsage, Frauds, MLM Reviews

Fortron provides no information about who owns or runs the company on its website. Fortron’s website domain (“fortron.io”) was privately registered on August 14th, 2020. Based on the company name and nature of the business, I suspected Fortron to be a reboot of the Forsage gifting scheme. I was able to confirm this by way

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Forsage fraud warning issued by Philippines SEC

companies, Forsage, Frauds, regulation

The Philippines SEC has issued a fraud warning against the Forsage gifting scheme. They’ve also outed Lado Okhotnikov as owner of the scam. The SEC’s three-page warning was issued on June 30th. The regulator writes The entity operating under the name FORSAGE, headed by LADO OKHOTNIKOV, is found to be engaged in investment-taking activities in

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Ethereum based cash gifting scheme

Forsage, Frauds, MLM Reviews

Forsage provides no information on its website about who owns or runs the company. In fact Forsage claims it doesn’t have an admin. The project Forsage no admin. This is of course baloney, as someone obviously set up the company’s website and runs and profits from it. The presence of Russian on Forsage’s default English

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