The Teqra Ponzi scheme has collapsed.
Someday within the final twenty-four hours Teqra’s web site has been disabled, leading to a “connection refused” HTTP error.
Teqra’s web site taking place follows suspension of withdrawals beginning roughly three days in the past.
BehindMLM reviewed Teqra again in March. We famous the Ponzi scheme’s use of Boris CEO actors and Russian origins.
Inside hours of BehindMLM’s assessment going dwell, a reader outed Teqra CFO Jan Haagen as actor Georges Devdariani.
Whereas Boris CEO Ponzi schemes usually do the whole lot they will to symbolize they aren’t run out of Russia, Teqra took on a unique method.
Doubtless hamstrung by COVID-19 journey restrictions, the scammers behind Teqra have been organizing staged “workplace opening” occasions round Russia.
The movies seem to have been shot on a reasonably tight price range.
Primarily based on present Alexa visitors estimates, Teqra’s victims are primarily from the US, Russia and Saudi Arabia.
Teqra solicited funding in bitcoin and ethereum.
The Ponzi scheme’s collapse follows a weekly decline of 21% and 38% for the 2 respective cryptocurrencies.
Owing to Teqra traders sending cryptocurrency to scammers in Russia, restoration of funds is just about not possible.