Forsage: another crypto ponzi!

Since the Madoff disaster (memorable American Ponzi), the SEC (securities and exchange fees) seems to be working to track down the scammers. In addition, it also has an information center which pays quite well. More alert now, you just charged 11 people. They had created a fraudulent blockchain system that covered several countries, including the United States and Russia.

The scam is called Drilling, reported in 2020, the year the investigations began, on OBA, a scam reporting site. The creators of this Ponzi scheme have raised more than 300 million dollars to millions of retail investors around the world. Among the accused are the four founders of Forsage, as well as three influencers based in the United States. Several members of what are called the CryptocrusadersThe list also features the largest system advocacy group that operated in the United States from at least five different states.

According to the SEC complaint, in January 2020, Vladimir Okhotnikov Tbilisi, Jane Doe a / k / a Lola Ferrari, Michele Sergeev And Sergey Maslakov they launched Forsage.io. This is a website that has allowed millions of retail investors to transact via smart contracts (smart contracts) running on the Ethereum, Tron and Binance blockchains.

Despite the actions against Forsage in September 2020 by the Philippine SEC and in March 2021 by the Montana Securities and Insurance Commissioner, the defendants would continue to promote the system by denying the allegations in several YouTube videos and by other means. Also, the twitter account and website are still active …

In addition to charging the four founders, the complaint, filed with the United States District Court for the Northern District of Illinois, also charges Cheri Beth Bowen, of Pelahatchie, Miss, Ronald R. Deering, of Coeur d’Alene, Idaho, Samuel D. Ellis, of Louisville, Ky, Mark F. Hamlin, of Henrico, Virginia, Carlos L. Martinez, of Chicago, Illinois, Alisha R. Shepperd, of Dunedin, Florida, and Sarah L. Theissen, of Hartford, Wisconsin for violation of the registration and fraud provisions of the federal securities laws.

Between failures and scams, the summer promises to be particularly busy … We can’t repeat this, when an investment fund offers you an extraordinary return, it is generally suspect. Never listen to a single person, cross information, find out.

Source: SEC

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Mary Batshwok avatar

Mary Batshwok

Subprime, financial crises, runaway inflation, tax havens … Bitcoin was designed for greater transparency and perhaps to finally change the game. I try to understand this new environment and try to explain it myself. The road is undoubtedly long, but it is worth it.

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