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Full Velocity- Crook Review



The website of Full Velocity provides no information about the company’s owners or management. A private domain registration for Full Velocity’s website ( was completed on December 31, 2021.

Further investigation reveals that James Ward is the CEO of Full Velocity: The CEO of LGN Prosperity, James Ward (pictured to the right), first appeared in 2010. Vouchers for travel were sold by LGN Prosperity, with each one generating an entry in a two-by-two matrix (2×2).

LGN Prosperity changed its name to LGN International in the middle of 2011 after months of not paying its affiliates. Travel services booked through LGN are now subject to commissions as a result of this name change. Ward took over as CEO and co-founder of iBizWave in early 2014, following the demise of LGN International in mid-to late 2013. To mark his return to the travel MLM niche, Ward launched in 2015 with 2SL Start Living.

When Ward’s 2SL Start Living failed, he started Pangea in 2016. Travel disguised as a matrix cycler was Pangea’s original business model. Pangea had collapsed by the beginning of 2017. Pangea was given a new lease on life thanks to Ward’s innovative compensation scheme. Pangea 2.0 didn’t last long either, given that the only significant change was the addition of a third tier to the cycler.

Ward reappeared with Sports Trading BTC, a crypto Ponzi scheme, in the latter part of 2019. As of December 2019, Sports Trading BTC had completely failed, prompting Ward to start over as Global Credits Network. According to Alexa’s graphs of website traffic, the Global Credits Network is expected to go under sometime in April 2020.

Lion’s Share, Ward’s first smart-contract Ponzi scheme, went live at the end of June 2020. Ward launched Apex Financial in April 2021, after Lion’s Share went bankrupt in early 2021. Hitesh Juneja and Jason Rose joined forces to form Apex Financial, a for-profit corporation. Affiliates were encouraged to invest in AFT tokens with the promise of a daily payout of up to 0.85 percent for 360 days.

Still, Apex Financial’s website is operational. However, Alexa’s traffic estimates show a decline in late 2021 for its website. An attempt to relaunch Lion’s Share as “Lion’s Share Velocity” in the middle of 2021 appears to have been made.

Whatever it was, it fizzled out so quickly that we didn’t notice. In any case, the launch of Full Velocity last month is the culmination of all of this. Full Velocity’s MLM opportunity is described in detail in the following paragraphs. Products from Full Velocity There are no products or services that can be sold by Full Velocity.

It is only possible for Full Velocity affiliates to promote their own memberships. It’s Full Velocity’s Payroll Policy. Full Velocity markets can produce weekly returns ranging from 0.21 percent to 5.4 percent. “FV Bot” is said to be the source of the promised profits.

Full Velocity sells access to a cryptocurrency trading bot called the FV Bot. Full Velocity’s weekly subscription fees are calculated as 30 percent of the returns paid out each week. The FV Bot requires a minimum of $200 to get started. At Full Velocity, all compensation transactions are done in tethers (USDT). Full Velocity MLM compensation is based on the weekly subscription fees that are paid by Full Velocity members who have been recruited by Full Velocity.

Ranks at every level of velocity. Six affiliate ranks are available to Full Velocity members. The following are the requirements for each of them: One of the first steps is to find an affiliate. Enlist the help of three allies. Recruit five gear 3 affiliates. At this point, you should have seven new affiliates. Recruit ten Gear 5 affiliates. Recruit a total of twelve affiliates in order to go at full speed.

Recurring Payments Using a unilevel compensation plan, Full Velocity pays out residual commissions. Every affiliate they personally recruit is at the bottom of a unilevel team in a unilevel compensation structure, and every affiliate they personally recruit is directly beneath them (level 1). In the event that any level 1 affiliate is able to bring on new affiliates, they will be promoted to the unilevel team’s level 2. Affiliates in the second tier are automatically promoted to the third tier if they bring in new affiliates.

Full Velocity is only available for the first twenty unilevel team levels. As a percentage of the weekly subscription fees paid by customers at each of these twenty levels, residual commissions are paid out as follows: Affiliates with a Gear 1 ranking earn 25% on level 1 (those recruited by the affiliate) and 10% on levels 2 and 3. Earn 25% on level 1, 10% on levels 2-5, and 5% for level 6-ranked Gear 2 affiliates. Gear 3 ranked affiliates earn 25% on level 1, 10% on levels 2-5, 5% on levels 6-7, and 2.5 percent on levels 8–9. Gear 4 affiliates earn 25% on level one, 10% on levels two through five, 5% on levels six and seven, 2.5 percent on levels eight through fourteen, and 1.25 percent on level fifteen.

Affiliates with a Full Velocity ranking earn 25% on level 1, 10% on levels 2 to 5, 5% on levels 6 and 7, 2.5 percent on levels 8 to 14, and 1.25 percent on levels 15 to 20. There is a fee for Full Velocity Full Velocity affiliate membership. In order to continue making money, a monthly subscription fee of 30% of the weekly generated returns must be paid.

The End of the Road One interesting approach taken by Full Velocity is to sign up anyone for free and then collect fees from the profits. Regulated non-compliance relating to securities fraud is not exonerated. According to Full Velocity, the FV Bot is the company’s most recent invention. It creates an inherent hedge by taking both long and short positions at the same time.

A winning position’s gain is greater than a loss, so the optimal exit positions are those where the loss is less than the gain. You won’t find a “dollar cost averaging” bot like this one, which repurchases positions and then gets stuck in trades for weeks on end. Full Velocity does not provide audited financial reports, so it is impossible to verify this. This could be a violation of the Federal Trade Commission Act.

It’s also a stretch to accept James Ward’s claims about trading value as gospel truth. In January 2022, Ward claimed that the FT Bot generated 15.1%. You wouldn’t give away access to a 15% monthly profit-making trading bot for free if you had one capable of doing so. It is more likely that someone with a 15% trading bot will simply run it in the background. In a few years, you’ll be the richest person on the planet.

That’s all assuming, of course, that James Ward is telling the truth about his trading revenue. According to the “verified third party data” claimed on the Full Velocity website, weekly returns go back to March 2021. What is the source of this information? Surely the SEC must have received a copy of it.

Passive returns, regardless of how they’re generated, are securities in MLM companies. The Securities and Exchange Commission (SEC) must be notified of any public offering of securities. Full Velocity and James Ward are not registered with the SEC, according to a search of the SEC’s Edgar database. FT: Ward said Full Velocity and Bot Bot are legal, according to Ward. It’s illegal to run a business if that’s true.

By combining Ward’s history of scamming with this, you get a better idea of what Full Velocity is. This is a “lulz can’t touch our money!” scheme. When it comes to that, you’re going to hear things like, “you’re in control of your money!” The money you give to Full Velocity’s bot is completely out of your hands.

Full Velocity can do whatever it wants with your account. The bot is either blown up or some other excuse is used to make this happen. In both cases, the admins were able to exit-scam through rigged trades. Every “lulz can’t touch our money!” scheme has this as its goal. The conclusion of Full Velocity will be the same as the previous one.

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Meta Utopia- Crook Review




A few days ago, we put out its review of Meta Utopia.

“Metaverse” MLM crypto Ponzi scheme that isn’t very interesting on its own.

As part of our research, we found a link between Nicholas Coppola and the man who started the Ponzi scheme.

Or rather, he did it through an Instagram story that has since been deleted:

Coppola wasn’t happy about being linked to Meta Utopia in public, it turns out. He only wants to hide the fact that he is a crypto-bro Ponzi scammer.

Today, Nicholas Coppola joins the DMCA Wall of Shame.

Over the past 24 hours, “Dincer Odabasi” from “Copyright Support” has sent us two emails. Nicholas Coppola’s emails were sent on his behalf.

Copyright Support says on its poorly made website that it will

Negative or damaging news that can be found on the Internet and in Google search results should be taken down for good.

In his first email, Odabasi tries to pull the old “right to be forgotten” scam.

“Dear Madam,

Because of the right to be forgotten and because of the privacy clause, we want the content to be blocked.

We tried to get in touch with the website that posted the content, but we didn’t hear back. So, we give you the content and ask you to turn it off.

As everyone knows, according to the first paragraph of Article 9 of Law No. 5651 on the Regulation of Broadcasts Made on the Internet and Combating Crimes Committed Through These Broadcasts, if they can’t get to it, they can send a warning to the hosting provider and ask that the content be taken down.

Again, the second paragraph of the same article says that “the content and/or hosting provider must respond to requests from people who say their personal rights have been violated by the content of an online broadcast within twenty-four hours at the latest.”

We want the case that was filed on our behalf to be taken care of. Because of the European right to be forgotten and the privacy of private life, we have the right to limit access to content.

Please note that we’re asking you to take down the content because we’ve tried to reach the owner but haven’t heard back. That’s why we want and need you to take it down.”

This is a form letter that con artists send out. I know that because Odabasi put the same notice to Amazon from another email about a different website and client (ruhroh GDPR fail) into the body of the email he sent me.

In any case, the “Right to be Forgotten” law in Europe is used by scammers to hide their pasts, no matter how good the lawmakers’ intentions may have been at first.

The Right to be Forgotten is not part of EU law, so we don’t recognise it. Also, it takes four days from the date of publication until a right-to-be-forgotten takedown notice is sent.

Odabasi went on to say that Turkish law had something to do with the US, which was not true.

Due to the Right to be Forgotten and the USA Legal Content Removal Request Pursuant to Law No. 5651, we can’t take down the content we told you about because it’s in the Constitution.

“The Right to be Forgotten and the USA Legal Content Removal Request” is not a thing, even if that sentence makes no sense. It’s not true at all.

Turkey passed Law No. 5651 in the year 2020. It only happens in Turkey and has nothing to do with the United States.

Odabasi sent another email a few hours after the first one. This time, he threatened to take action because of copyright issues.

“We want you to remove any content that reveals personal information about our representative.

If you don’t get rid of the news content, we will file a copyright claim with your hosting company, Google.

I’d like you to put the story away, please.


As our Policy says, we often use “third-party logos and images,” which is allowed by US copyright law through “fair use.”

We don’t need permission from the people who own the rights to the images we use in our MLM news and reviews. Period. 

The DMCA takedown process is being abused when fair use isn’t taken into account and a fake DMCA is filed. Not only will it not work, but the person who submitted it is lying.

Even though it’s clear that Copyright Support doesn’t care about the law, it’s still important to point out their hypocrisy.

Scam businesses like Copyright Support depend on the fact that the publisher or service provider they are after doesn’t know what they are doing.

Nicholas Coppola has publicly linked himself to Meta Utopia and is involved enough to be close to the Ponzi scheme’s founder, who has not yet been named.

It is not against any US law to publish this information with proof attached.

Update, July 2, 2022: Dincer Odabasi is now committing twice as much DMCA fraud as he was before.

Odabasi sent Google a “court order” on June 28 that says the same thing: “It’s against the law to search for scammers!” Stupid, but it also says this:

Based on the privacy clause of private life and the court document we will send you, we want the content to be taken down from publication and blocked from access.”

Odabasi is saying that a Turkish law is a “court document” that keeps scammers from telling the rest of the world. Oh dear.

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Laetitude- Crook Review




Investors such as Laetitutde and Swapoo are circumspect on issues affecting investor wallets and active investments. 

According to a Latitude News report dated August 13th, You have gotten one or two emails from Swapoo in the past several days, which also affects our Laetitude members. 

Due to the continued strong relationship between Swapoo and Laetitude, we can guarantee that these changes will not affect your Laetitude accounts. Latitude will continue to operate as usual.   

The alterations made by Swapoo will have an effect on the wallet and the bots. However, we are aware that wherever there are obstacles and closed doors, new doors will emerge to provide opportunities for greater success. 

Swapoo is merely adjusting to the ever-changing regulatory environment and market situations.

The details of the e-mails sent are kept confidential. I have not encountered any examples in nature. 

Regarding “evolving regulatory landscapes,” Laetitude is a Ponzi scheme operated by Swapoo. 

David El Dib operates Laetitude from Dubai, the center of MLM fraud. Swapoo is run by Dave Martin, who is from the Philippines.El Dib and Martin have both established themselves on the BitClub Network. 

The investigation by the Department of Justice found BitClub Network to be a $722 million Ponzi scheme. The founders of BitClub Network were arrested in 2019. 

El Dib and Martin commit securities fraud and operate their own Ponzi scheme through Laetitude and Swapoo. The regulation of securities is not novel. For decades, every nation with a financial market has regulated securities fraud. 

The Ponzi fraud announced a remedy for lost Swapoo wallets in a follow-up “Laetitude News” post dated August 26;  

As you are likely aware, Laetitude no longer utilizes Swapoo for secure wallet services. As a result, we have recently implemented the ability to fund, purchase, and withdraw directly within Laetitude. 

In light of this, we would like to encourage you to login and withdraw your balance as soon as possible, and to continue withdrawing your balance as your compensation earnings increase. 

Laetitude lacks the two-factor authentication security offered by Swapoo, so it is essential that you protect your account with a formidable password. Again, what is occurring behind the scenes is kept secret. 

The only clue I could locate was a query posted two weeks ago on Swapoo’s most recent Instagram post. 

Swapoo has not published any new social media updates since July 30. This date also marked the last Facebook update posted by Laetitude. 

The lack of visitors to both Laetitude and Swapoo suggests that the Ponzi scheme is running out of money to pay investment withdrawals. 

The Philippine Securities and Exchange Commission is one of the most active securities regulators worldwide.

It is unclear whether they have anything to do with Swapoo’s issues.  

Whatever else is occurring, it is rare for wallets to be abruptly shut off and placed up as unsecured in-house assets. 

Keep up to date on any future developments.

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GSPartners- Crook Review




GSPartners has dropped its claim of harassment against Chris Saunders. Saunders is the owner and operator of the YouTube channel Grit Grind Gold, which he uses to critique and report on the GSPartners Ponzi scheme. 

In late January 2021, Saunders was sued for harassment by owner Josip Heit and promoters Michael Dalcoe and Antonio (Tony) Euclides Menesis De Gouveia. 

Heit and the GSPartners Plaintiffs alleged that Sunders’ videos about the Ponzi scheme were defamatory. 

Additionally, Heit took offense when Saunders pointed out his position in Karatbars International’s collapsed KBC Ponzi scheme.  

GSB Gold Standard Corporation AG, Josip Heit, Michael Dalcoe, and Tony De Gouveia submitted a dismissal stipulation on July 29.  

Christopher Saunders, the defendant, executed a declaration in connection with the aforementioned case on July 29, 2022. 

Plaintiffs GSB Gold Standard Corporation AG, Josip Heit, Antonio Euclides Menesis De Gouveia, and Michael Dalcoe, by counsel and with the signature and agreement of counsel for Defendant Christopher Saunders, stipulate to the dismissal without prejudice of all claims in this matter pursuant to the Saunders’ Declaration.

The aforementioned stipulation from Saunders proves that he was granted permission. 

Mr. Ovidu Toma in relation to the Plaintiffs’ assertions and declarations. Since January 2020, Mr. Ovidu Toma has provided me with evidence of Mr. Harald Seiz’s alleged involvement in Karatbars’ wrongful conduct.   

“Ovidu Toma” refers to Ovidiu Toma, the former Chief Technology Officer of Karatbars International. 

Today, Toma serves as the CEO of CryptoData. Romania-based CryptoData sells encryption hardware. 

To return to Saunder’s assertion: I was aware, based on first-hand knowledge of facts and documents, that any alleged wrongdoing committed by Karatbars in relation to its Miami crypto bank and the issuance of KBC/KBC tokens was committed by Karatbars’ CEO, Mr. Harald Seiz, and that said wrongdoing was committed prior to any affiliation between Karatbars and GSB/Mr. Heit.

This is an odd concession to provide. Heit was the public face of Karatbars’ initial excursion into crypto-asset fraud. In an April 2019 interview, Seiz is referred to as a “major investor and board member” of Karatbars International. In Dubai, Karatbars was selling a “blockchain phone” at the time. When challenged about his remarks on the occasion, he responded, and I quote, ” You mentioned the KBC coin.

You stated that it is probable that it is one kilogram of gold. Is this truly a possibility? Heit reacted. Yes, of course it’s feasible. Nobody believes that many individuals perceive, at the appropriate moment, that they can join us.  

We currently have a market valuation of approximately $300 million as of the previous week or two weeks. And now there are about a billion of us.   

Is it not yet understood?  

And when the mainnet is implemented, which will occur very soon, within a few months we will have a market capitalization of over $200 billion. After months of Heit and Seiz promoting Karatbars’ KBC, the KBC Ponzi coin dropped 62% following the hype event on July 4, 2019. 

Heit, not Harald Seiz, was sent to address and explain the collapse to irate investors. KBC continued to leak throughout the subsequent months until it was eventually abandoned.

Heit had cashed out, left Karatbars, and launched his own Ponzi offshoot, GSPartners, before the end of 2019. The GSPartners Ponzi coins have performed no better than those of KBC.

G999 is supported by wash trading, which I believe is steadily depleting GSPartners’ second Ponzi scheme, LYS. G999 is being washed at approximately 0.002413. At $66.78, LYS continues to drain. 

GEUR was launched earlier this month as a result of the continuous failure of G999 and LYS to take off. GSPartners and Heit symbolize the euro-pegged GEUR currency. It is thought that GEUR was developed because GSPartners investors no longer desired to hold G999 and LYS. 

GEUR does not exist outside of GSPartners as of the publication date. GSPartners uses GEUR to support its most recent 300% ROI Ponzi scheme, metaverse certificates. 

In the event that GSPartners and Saunders achieved a settlement, it has not been made public. Other than wrongly saying that Heit was not involved in the Karatbars KBC scam, Saunders has not recanted any of his GSPartners-related statements.  

The court authorized the GSPartners plaintiff’s Stipulation of Dismissal on August 2nd. This concludes GSPartner’s harassment lawsuit against Saunders.

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