Earlier this month I explored whether or not Meta Bounty Hunters was an iBuumerang spinoff.
I can now affirm it’s. The Meta Bounty Hunters Ponzi scheme is being run by Holton Buggs and Travis Bott.
Suspicion Meta Bounty Hunters was an iBuumerang spinoff, arose from iBuumerang executives selling the scheme.
Particularly Avinash Nagamah, iBuumerang’s “Journey Financial savings Ambassador for Europe”.
It adopted that Holton Buggs was concerned. I wasn’t in a position to affirm that although until Meta Bounty Hunters’ launch occasion final night time.
There it’s. That’s Nagamah once more entrance proper and, if I’m not mistaken, OmegaPro’s Mike Sims on the again subsequent to Travis Bott.
As half of what’s believed to be a wider worldwide investigation, UK authorities lately cracked down on OMP Cash.
OMP Cash is a UK shell firm Omega Professional is/was utilizing to launder invested funds by means of.
Whether or not OmegaPro’s regulatory issues prompted Sims to become involved with Meta Bounty Hunters is unclear.
Travis Bott is a serial securities fraud offender. BehindMLM has connected him to a number of Ponzi schemes through the years.
Again to our primary gamers; Holton Buggs and Travis Bott.
Holton Buggs was greatest recognized within the MLM trade for his time at Organo Gold. He appears decided to rewrite that legacy in favor of crypto fraud.
Buggs was on the middle of a 2018 try and funnel Organo Gold distributors into the Ormeus International Ponzi scheme.
That concept fell aside and Buggs went on to launch iBuumerang in 2019.
iBuumerang internet site visitors started tanking in direction of the top of 2021, so right here we’re with Meta Bounty Hunters.
Travis Bott first appeared on BehindMLM’s radar in mid 2017. We tied Bott to Divvee’s unlawful securities fraud providing, by means of Ryze AI.
Bott reemerged in late 2017 with Westmyn, a shell firm used commit securities fraud by means of Investview’s Wealth Mills.
Investview was subpoenaed and subsequently fined $150,000 by the CFTC in 2018.
A 12 months later Travis Bott went solo with Onyx Way of life.
In mid 2021 what was left of Onyx Way of life was rolled into Digital Revenue.
Digital Revenue imploded with a “dangerous trades” exit-scam in August 2021. Buyers misplaced lots of of 1000’s of {dollars}.
A big share of Meta Bounty Hunter’s promoters look like iBuumerang distributors.
In try to take care of the phantasm it isn’t a by-product, there’s no point out of Meta Bounty Hunters on iBuumerang’s socials.
As reviewed right here on BehindMLM, Meta Bounters combines Ponzi and pyramid fraud.
That is wrapped up in NFT funding positions, that includes rocketmen cartoons, knocked off from Disney’s Star Wars IP.
As per OpenSeas, Meta Bounty Hunters has presently bought ~6100 NFTs. At $2000 a pop this can be a fast $12.2 million payday for Buggs and Bott.
They’ll additionally obtain a minimize of each Meta Bounty Hunters resale.
The present ground worth of Meta Bounty Hunters is 0.74 ETH (~$2800). There are solely 1-2 NFTs being bought per day although, so that is unlikely to be correct.
Wash buying and selling fraud is rife inside the NFT group. As soon as that dies down we’re prone to get a extra correct glimpse of how a lot Meta Bounty Hunters traders misplaced.
Neither Meta Bounty Hunters, Holton Buggs, Travis Bott or anybody else related is registered with the SEC.
Replace twenty eighth Might 2022 – Meta Bounty Hunters is a part of Travis Bott’s Meta Labs Company.
Meta Labs Company sees Bott launch an NFT Ponzi manufacturing facility.