The Central Financial institution of Russia has issued a pyramid scheme warning towards AI Advertising.
As per the Central Financial institution’s August sixteenth warning, AI Advertising and related corporations UDM Creators LTD, Wexford Alliance Restricted and Zarya LLC, present “indicators of a pyramid scheme”.
Wexford Alliance is/was a Hong Kong shell firm used to launder INB Community and AI Advertising funds. I’m not acquainted with UDM Creators or Zarya.
AI Advertising was a Ponzi scheme run by the MLM firm INB Community.
On July twelfth INB Community suspended AI Advertising withdrawals, successfully collapsing their Ponzi scheme.
Posting by way of AI Advertising’s social media channels, on the time INB Community claimed Russian authorities had added the corporate’s web site to a blacklist.
This could now look like a reference to the Central Financial institution of Russia’s warning.
INB Community and AI Advertising are believed to be run by Russian nationals. Russian residents are additionally closely concerned, each as INB Community MLM promoters and AI Advertising traders.
Russian authorities cracking down on the Ponzi scheme would definitely clarify AI Advertising’s collapse.
Possible hoping to exploit gullible traders for a bit longer, earlier this month it was revealed AI Advertising could be rebooted as CashBackPro.
Seeing as INB Community wasn’t talked about within the Central Financial institution’s warning, this seems to be an try to proceed to defraud traders underneath a brand new firm identify.
Alexa web site visitors evaluation suggests guests to CashBackPro’s web site are primarily from Venezuela, India and Algeria.