Futurion Finance has collapsed.
The Ponzi scheme’s web site is down as of some days in the past. Futurion Finance’s social media channels have additionally been pulled.
Futurion Finance was headed up by co-founder and CEO Michel Courtine.
Courtine relies out of France but in addition commonly travels to Dubai.
Futurion Finance represented it was based mostly out of Dubai, the MLM rip-off capital of the world.
Along with fronting MLM crypto Ponzi schemes, Courtine can also be an “ambassador” for the Russian UMI shitcoin funding scheme.
Within the wake of Futurion Finance’s collapse, UMI nonetheless seems to be chugging alongside.
As per BehindMLM’s Futurion Finance assessment, the Ponzi scheme solicited funding on the promise of a 250% ROI.
As a part of its advertising pitch, Futurion Finance introduced a “Futurama” NFT manufacturing facility.
On the time of publication the Futurama web site was additionally down.
Alexa visitors estimates counsel the vast majority of Futurion Finance’s victims are in Vietnam (36%) and the Ukraine (14%).