NovaTech FX investors are claiming the FBI audited and approved the suspected Ponzi scheme.
CEO Cynthia Petion has endorsed the claim, affirming she personally received a copy of the “seven hundred page” audit.The NovaTech FX FBI audit claim was made on a September 22nd “Compounding for Wealth” webinar.
The webinar was hosted by NovaTech FX investor Heather “goldengurl” Bilange.
For context on the NovaTech FX’s FBI audit claim, we’ll begin with Keith Walden.
As the last Q&A speaker on the webinar, Walden claimed he and others joined NovaTech FX after another Ponzi scheme they were in collapsed.
[44:55] We’re all relatively new to the NovaTech family. We’re very excited to be here.
We came from a platform where a number of our members were doing well but they went through some challenges.
The “platform” Walden is referring to is the collapsed HyperFund and Hyperverse Ponzi schemes.
It was a crypto winter and we were like, “What are we gonna do? How can we help our teams?”
And when we started doing our due-diligence with the Satoshi Show several months ago, and they came up and said, “Listen guys, I think this is it.”
We just took it on faith. We just jumped in and we didn’t look back.
The Satoshi Show is run by serial Ponzi promoters Troy Rejda and David Chandler.
Chandler and Rejda promote NovaTech FX through “TSS Golden Team”.
That was a bit of a detour but, as stated, provides context for what Heather Bilange said next.
[44:53] You know Cynthia, that’s the group that had an FBI investigator do a seven hundred page report. Remember I sent that to you?
Cynthia runs NovaTech FX with husband Eddy Petion.
[46:02] Cynthia: Yeah I wasn’t gonna read that.
I thought (unintelligible) report when you sent it to me, “Hey … we’re not a scam!”
Bilange: And the bottom line of that whole story is, after seven hundred pages … the (FBI) investigator said, “This is a good company to move forward with”.
So um, where is this report then?
[46:21] Cynthia: We’re gonna have to stop saying that because now everybody’s gonna ask for that report. I don’t have it.
Don’t come looking for the report. I burned it after I read the final, the bottom line.
I was like, “Well thank you for telling me what I already know.”
Ah, of course.
NovaTech FX solicits investment in cryptocurrency on the promise of a weekly passive return, purportedly derived from forex trading. An attached MLM compensation plan financially incentivizes investor recruitment.
That the FBI is hirable for an audit is comical in and of itself. That the FBI would rubber-stamp a Ponzi scheme committing securities, commodities and wire fraud is *chef’s kiss*.
To date Russia is the only country to have publicly taken action against NovaTech FX.
NovaTech is run from the US by Cynthia and Eddy Petion, who are believed to primarily reside in Florida.
All but one of the the NovaTech leaders on the September 22nd TSS Golden Team webinar are from the US and Canada:
- Troy Rejda – Sr Executive – USA
- David Chandler – SrExecutive – USA
- Marcus Davis – Sr Executive – USA
- Donzel Cleare – Sr Executive – USA
- Erick Brown – Executive – USA
- Bob Bearden – Director – USA
- Dr Zizi – 2 Star Ambassador – USA
- Olivier Luhaze – 1 Star Ambassador – Canada
- Rachel Hanley – Sr Executive – Canada
- Devey Dejong – Director – Canada
- Mark Marshall – Jr Director – Canada
- Eugene Kreyman – JrDirector – Australia
As of September 2022, SimilarWeb ranks top sources of traffic to NovaTech FX’s website as the US (68%), the Bahamas (8%), South Africa (7%) and Canada (4%).
As victims from Hyperverse and other collapsed MLM Ponzi schemes are funneled into it, NovaTech FX’s website traffic has grown to 2.2 million visits for September.
Despite offering a weekly passive return to primarily US residents, purportedly generated via forex trading, neither NovaTech FX, Cynthia and Eddy Petion, or any of the above named promoters are registered with the SEC or CFTC.