Advertising materials has linked a central determine within the Eyeline Buying and selling and WealthBoss Ponzi schemes to Onyx Life-style.
For these unfamiliar with the three firms, Eyeline Buying and selling and WealthBoss are one and the identical.
Eyeline Buying and selling was a Ponzi scheme launched by Dan Putnam and Jean Paul Ramirez in mid 2018.
By early 2019 Eyeline Buying and selling had collapsed, prompting Putnam and Ramirez to announce a WealthBoss reboot.
Onyx Life-style surfaced a couple of months in the past. The corporate is headed up by co-founder Clifton Braun.
Onyx Life-style’s enterprise mannequin sees affiliate put money into LQD8 Block positions, by way of which passive returns are paid.
In line with Onyx Life-style’s advertising and marketing materials, the funding aspect of the enterprise is managed by World Cash Administration.
GMM LTD- Supplier of LQD8 block micro-loan program
World Cash Administration ( Restricted “GMM” with places of work in New Zealand, Colombia and Mexico is our unique associate that gives LQD8 Micro loans direct to Onyx Premier Members.
On their web site, Onyx Life-style refers to their fraudulent funding scheme because the “GMM Ecosystem”.
So who’s behind World Cash Administration?
In line with a advertising and marketing slide, GMM is headed up by Jean Paul Ramirez.
Sure, the identical Ramirez who labored with Putnam on the Eyeline Buying and selling and WealthBoss Ponzi schemes.
In Eyeline Buying and selling and WealthBoss, Ramirez’s ruse was cryptocurrency buying and selling. In Onyx Life-style, it’s some bullshit about micro-lending.
In actuality, all three schemes do nothing greater than recycle newly invested funds to repay current buyers.
In addition they function illegally in violation of securities regulation, by the use of failing to register with monetary regulators in any jurisdiction they solicit funding in.
By Onyx Life-style, Jean Paul Ramirez is at present pillaging Japan laborious.
Alexa at present estimates {that a} whopping 95% of visitors to Onyx Life-style’s web site originates out of Japan.
WealthBoss is concentrating on Australia (26%), Finland (23%) and the US (21%).
Fairly the rip-off empire Ramirez has quietly constructed up for himself.
On Fb Ramirez goes by Jean Paul Ramirez Rico. He claims to be residing in Mexico, nonetheless his present whereabouts are unknown.
World Cash Administration is included by way of a shell firm in New Zealand.