An filed amended complaint has added Ryan Morgan Evans to the SEC’s Saivian Ponzi lawsuit.
According to the SEC’s amended complaint, Evans
played a significant role in promoting the scheme while serving as Saivian’s Director of Operations and Vice President of Marketing.
The SEC sued Saivian and owner Eric J. Dalius last year. According to the regulator, Saivian was a $165+ million dollar Ponzi pyramid hybrid.
Following Saivian’s collapse, Evans doubled down on Ponzi fraud with Elamant.
In our 2018 Elamant review we revealed the company’s business model is near-identical to Saivian’s.
Since being added as a defendant to the SEC’s Saivian lawsuit on October 3rd, Evans appears to have pulled the plug on Elamant.
Visitors to Elamant’s website are now shown the following notice:
A NEWER and BETTER Experience is Coming SOON!
We are undergoing a complete system rebuild and will be back shortly!
Elamant’s official Facebook page has been deleted, but Ryan Evans was still promoting Elamant on its YouTube channel as of late last month:
As with Saivian, Elamant primarily directs its marketing efforts across south-east Asia.
Based on his various social media profiles, Ryan Evans has fled the US for Singapore following Saivian’s collapse. He’s now supposedly residing in California.