The general public face of the CashFlow NFT is Swedish resident Daniel Wooden.
The precise founding father of the Ponzi scheme nonetheless is profession scammer Micah Theard.
You gained’t discover Micah Theard’s title anyplace on CashFlow NFT’s web site although.
Regardless of having launched and begun soliciting funding, CashFlow NFT’s web site remains to be only a signup type.
The one public connection you’ll discover between Theard and CashFlow NFT, is a crypto shill occasion held in Texas again in June:
To verify Theard is the truth is CashFlow NFT’s founder, we flip an unlisted video on Miracle Money&Extra’s YouTube channel:
Hello, my title is Micah. I’m the founding father of CashFlow NFT.
It appears along with founding the corporate, Theard has made himself Vice President.
This tracks with Daniel Wooden (proper) being the general public face of the corporate.
Miracle Money & Extra is a crypto pockets firm, run by CEO Hakan Törehan. CashFlow NFT runs its Ponzi scheme by means of Miracle Money & Extra’s pockets providers.
Each Torehan and Wooden have ties to Cyprus, a scam-friendly jurisdiction… for essentially the most half.
Again in 2017 Torehan was arrested in reference to an “unlawful playing ring” and affiliation with “organized crime”. Particularly, Torehan was charged with “offering financing for unlawful on-line playing websites”.
Torehan was launched on bail in February 2018 and, as I perceive it, hatched a plan to keep away from reporting to authorities by means of a pretend physician’s certificates.
When that fell by means of Torehan disappeared in June. He surrendered himself to authorities in September.
Torehan maintains he was kidnapped by Osman Aydeniz, who on the time was on Interpol’s pink discover and the UK’s “most wished” lists for drug trafficking and theft.
Aydeniz maintained Torehan
got here of his personal free will, he’s a household buddy. We don’t have any dangerous blood between us.
Past that I used to be unable to hint what occurred. Even exterior of MLM Cyprus is a identified dodgy jurisdiction, they play unfastened with the legislation.
Working example, in January 2021 Torehan resurfaced as a crypto bro.
6 Turkish Cypriots got here collectively and created a cryptocurrency referred to as “Miracle”.
Hakan Törehan, one of many founders of the corporate, which began to serve in Nicosia, Famagusta and Girne within the TRNC, mentioned that their purpose is to create the financial institution of the longer term, and that they’re the primary and solely licensed firm.
Miracle as a cryptocurrency doesn’t seem to have gone anyplace but it surely did result in Miracle Money & Extra, launched on or round December 2021.
Since BehindMLM tied Miracle Money & Extra to CashFlow NFT on August 4th, Miracle Money & Extra’s web site has been disabled:
Undecided what the story is there. Anyway, it seems that Torehan has gone from “financing unlawful playing websites” to “financing unlawful MLM crypto Ponzi schemes”.
That leads us to Micah Theard, CashFlow NFT’s founder.
Earlier than he bought into Ponzi scamming, Theard labored within the textile trade.
I imagine Theard’s first main MLM rip-off was Flexkom (circa 2013/2014).
Flexkom’s was a pyramid scheme hidden behind a service provider community. It was run by Turkish scammers.
After Flexkom Theard started selling the infamous OneCoin Ponzi scheme.
Round this time somebody going by “micah” confirmed up on BehindMLM, claiming to have “checked” OneCoin’s non-existent blockchain.
After OneCoin Theard bought concerned in Circle Society:
Circle Society was a $100 million crypto Ponzi scheme run by David Saffron. Saffron was arrested by US authorities in June 2022.
It appears Theard lastly realized operating Ponzi schemes is the place the cash is at. And so we have now CashFlow NFT.
As at June 2022, CashFlow NFT was busy flogging $5000 NFT positions to gullible traders in Spain:
After Spain CashFlow NFT has been making an attempt to flog comparable NFT funding positions to UK residents.
A supply tells me that final week, Daniel Wooden claimed “the promoting of those NFT’s has actually slowed down.”