Following Daxio’s collapse, proprietor Frode Jorgensen has fled Thailand.
In a latest replace despatched out to his victims, Jorgensen additionally claims employed hitmen are after him.
I need to preface this text by stating Frode Jorgensen is a serial scammer. His phrase means nothing and he has no credibility.
I’m protecting Jorgensen’s excuses so there’s a paper-trail for authorities to comply with.
In his newest February fifteenth communication to Daxio victims, Jorgensen opens by babbling on about how nice Daxio has been (for him).
Then, Jorgensen (proper) concots this nonsensical narrative;
There’s additionally a darkish aspect in Daxio. A darkish aspect which reveals the true nature of many people. Greed, Egoism, Stealing, Dishonest.
This has been a rising most cancers in our neighborhood, now we have tried to eliminate it, nevertheless it retains coming again and it’s rising sooner than ever.
It began to seem after we launched a brand new sport. It was referred to as DaxioBot. The DaxioBot was meant to be a automobile for folks to earn some additional revenue. It has limitations, guidelines, and rules.
In actual fact, the complete Daxio system have guidelines and rules. Taking a look at it at the moment it has destroyed Daxio and all the pieces Daxio stands for. Leaving us all in a really difficult scenario.
It’s nonsensical as a result of it ignores Daxio has Daxio has all the time been a Ponzi scheme, by way of which nearly all of traders have all the time been assured to lose cash.
However Jorgensen isn’t after all referring to Daxio’s fraudulent enterprise mannequin. The “darkish aspect” is purported repercussions he’s dealing with for stealing folks’s cash.
Due to the DaxioBot, final week I’ve had Hitmen come to my home, I used to be tried kidnapped, however I managed to get away.
I’ve misplaced all the pieces I’ve labored onerous for the previous 20 years; this have pressured me to depart the nation I really like essentially the most on this world, the nation I name Dwelling.
Nonetheless, I’m not distant, and I’m at the moment in hiding at a secure home. That is the explanation behind my silence the final week. To not run away, however to be secure.
Riiiiiiiiiiiiiight……t
Along with dodging employed assassins (Jorgensen doesn’t make clear how he, obese and middle-aged, was in a position to “get away”), Jorgensen goes to on to counsel he’s underneath investigation.
I’m at the moment in dialog with varied Authorities Businesses and Authorized Advisors to attempt to discover a technique to unwind the cluster we’re in to attempt to discover options to maneuver ahead.
If it doesn’t work out, I’ll flip myself in and share all the pieces I’ve been documenting throughout these 5 years which have handed.
The one nation identified to be investigating Daxio and Jorgensen is Norway (though he lives in Thailand, Jorgensen is a Norwegian nationwide).
The Norwegian Playing Authority confirmed an investigation into Daxio in July 2022. There have been no additional updates since.
Norway and Thailand don’t formally have an extradition treaty. That nevertheless doesn’t imply the 2 nations don’t cooperate in terms of prison issues.
The remainder of Jorgensen’s Daxio replace is a raft of excuses for withdrawal delays. “Market drops”, the “Luna crash”, and soliciting funding in EUR equivalents all get a point out.
All of which don’t have anything to do with Daxio being a easy Ponzi scheme that ran out of recent funding to pay current traders.
Oh and right here’s a bit of excellent outdated trend victim-blaming;
Our phrases and circumstances, guidelines and rules, buy settlement and disclaimers CLEARLY states what to do and what to not do.
There are members with a number of accounts in Daxio and that actions have taken Daxio right into a downward spiral.
There are members taking part in irresponsible within the Daxiobot, with cash that they can not afford to lose and which have put them into a nasty scenario.
There are members who discovered safety holes and methods to cheat the system, shared these methods with others and avoiding informing Daxio about them, that motion is destroying Daxio
There are members working round presenting Daxio as an Funding Scheme or a HYIP, remember that this motion has given diet to the most cancers that may ultimately kill Daxio.
There are members spreading rumors and false information, posting feedback, and sharing the personal member info overtly with media or blogs. Remember that this motion direct reason for lots of the issues we’re experiencing proper now.
As for my-self, I’m 100% conscious that I is likely to be the reason for lots of the issues we’re experiencing. In any case I used to be a part of constructing the platform and know-how behind Daxio.
My largest mistake was that I gave room to all of those members to create issues.
Poor Frode. He simply can’t catch a break.
The remainder of Frode’s communication is a bunch of guarantees and crypto jargon nonsense (linked above should you actually need to learn it).
Regardless of math guaranteeing the house owners of Ponzi schemes are all the time their main beneficiaries, Jorgensen claims he has “not enriched myself financially with Daxio.”
Having coated MLM Ponzi schemes for some time now, the cynic in me reads Jorgensen’s communication as an exit-scam.
- Cease paying out.
- Delay.
- Give you a “hitman are after me!” exit-scam.
- blame associates as a part of mentioned exit-scam, organising the inevitable “I attempted however too lots of you have been scamming the rip-off!” exit-exit-scam.
- weave in a identified regulatory investigation into Daxio however don’t present any particulars.
Pending any additional developments, we’ll maintain you up to date.