SeedChange has been added to the SEC’s “PAUSE listing”.
PAUSE stands for “Public Alert: Unregistered Soliciting Entities”.
The PAUSE listing particulars corporations the SEC claims are utilizing
deceptive info to solicit primarily non-U.S. traders …, impersonat(ing) real companies, (or performing as a) bogus regulator.
SeedChange seems on the December 2021 PAUSE listing as an entity impersonating a real agency”.
SeedChange appeared on BehindMLM’s radar again in December 2020. The corporate runs a Ponzi scheme.
Connected to SeedChange’s Ponzi scheme are fictitious associations with quite a few pretend corporations.
That is in step with SeedChange itself impersonating SeedChange Execution Companions and its mother or father firm Yosemite Execution Companions.
SeedChange collapsed on or round September 2021. The Ponzi scheme was rebooted beneath the identical title however with a brand new web site area.
Since then the scammers have launched one more Ponzi scheme, this time concentrating on SeedChange Execution Companions’ mother or father firm, Yosemite Execution Companions.
The area “yosemite-ep.com” was registered again in August. The registration was final up to date on November seventeenth, coinciding with the launch of the Yosemite EP web site.
Yosemite EP is a Ponzi scheme touting every day returns of as much as 1.8%.
Yosemite EP scammers are pitching the rip-off as a substitute for SeedChange:
In the event you view the source-code for the Yosemite EP web site, it’s nonetheless utilizing SeedChange’s favicon:
Like SeedChange, Yosemite EP run their Ponzi scheme on the idea of fictitious affiliation:
So far as I can inform Yosemite EP isn’t MLM, so BehindMLM gained’t be publishing a separate assessment.
For an evidence as to why SeedChange scammers have rebooted for a 3rd time, we flip to Alexa.
As per Alexa visitors estimates for SeedChange’s present web site, visitors went into decline from late October:
Yosemite EP was launched just a few weeks later.
At time of publication Alexa pegs the US as the one notable supply of visitors to SeedChange’s web site (97%).
Yosemite EP’s web site isn’t sufficiently old to generate dependable statistics but, nevertheless it’s most likely the identical story.
Whether or not US authorities pursue additional motion towards SeedChange and Yosemite EP stays to be seen.