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Ultron- Crook Review

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Givvo is launching Ultron, a new product. It’s a little weird how it’s being rolled out. It was formerly housed on Givvo’s website, but now Ultron is being launched as a stand-alone opportunity: Until recently, that subdomain was fully functional.

It has now been turned off. According to my research, Givvo does not have a dedicated website. Regardless, we’ve established a connection with Givvo. It is said that Givvo intends to “fix the fact that 99 percent of individuals never win at life.”

One of GIVVO’s primary goals is to fulfill everyone’s deepest wants while also making the world a better place. Givvo describes itself as a fundraising platform for “humanitarian groups” that do not reveal their donors’ identities.

Licensed humanitarian organizations are supported by GIVVO’s “Donations Campaign.” When the campaign is over, we’ll show you how the money was put to good use. An e-commerce platform with a donation backend, Givvo is simply an e-commerce platform.

You can earn “donate points” by making purchases on their platform. There are pre-planned campaigns for the distribution of donation points. I believe that what Givvo is doing is converting customer cashback into charitable contributions.

Givvo has a built-in referral program: Givvo’s website currently has 2.8 million unique visitors per month, according to Alexa. A little goes a long way, but it’s not much. When it comes to who owns Givvo, and by extension, Ultron, no information is given.

As stated in the “campaign regulations” section of Givvo’s website, Prizer22 LTD is being used as a shell corporation to run the campaign. A red flag is an MLM business that claims to be based in the United Kingdom. For small businesses, cheap and unregulated incorporation in the United Kingdom is a godsend.

As a further complication, the UK’s primary financial authority, the FCA, does not aggressively regulate MLM-related securities fraud. Consequently, the UK is a popular location for scammers to set up, run, and promote fraudulent businesses.

For MLM due-diligence purposes, incorporation in the United Kingdom or FCA registration is of no significance. The official Facebook pages of Givvo are run out of Slovakia and Slovenia, respectively. It’s in keeping with the company’s e-commerce platform, which is set up in euros.

Givvo’s YouTube channel posted an event video in September 2021: In the video, Matej Cifra, a Slovakian YouTuber, appears. This is the YouTube channel managed by Cifra. In Givvo or Ultron, I couldn’t find out if Cifra was connected in any way.

Tobias Sukenik, a key figure in Givvo, was introduced to me through Cifra. TBF International, a CBD MLM company, was co-founded by Sukenik in 2019. Kannaway acquired TBF International in 2020.

According to the BusinessForHome article referenced above, Michal Kyselica and Michal Prazenica are the other two co-founders of TBF International. Although Kyselica appears to have moved on, Michal Prazenica is still listed as the CEO of Givvo on LinkedIn.

According to a reader of BehindMLM, the BeReal Estate Ponzi scheme was linked to Sukenik and Prazenica in 2018, before they co-founded TBF International, by a reader of us. I just noticed that another reader (comment # 27) had already linked Sukenik and Prazenica to Givvo, which would have saved me some work.

At the time, it was October 2021. Because I lacked access to information about Givvo’s business plan, I was unable to write a review. More than one person has asked for a review of Givvo/Ultron.

This time around, I was able to comply with your request. Tobias Sukenik and Michal Prazenica are both based in Dubai, according to their social media profiles. Scammers go to Dubai since the country has few extradition agreements and no laws governing MLM-related securities fraud.

Dubai is considered by BehindMLM to be the world’s MLM scam capital. Any MLM organization situated in Dubai or employing Dubai-based executives should be avoided at all costs.

Dubai, Slovakia, and Slovenia are the locations of Givvo and Ultron’s business operations. Don’t join or send over any money to an MLM firm unless they are completely transparent about who owns and runs it. The Products of Ultron Ultron doesn’t have anything you can buy in a store.

Affiliates can only promote Ultron affiliate membership. Compensation for Ultron On the promise of advertised returns, Ultron affiliates invest in ULTRON tokens.

Affiliates can purchase Ultron tokens in three packages for one penny each. There are three price ranges: $500, $1,500, and $5,000. Bonus ULTRON tokens are included in all packages. Tokens purchased using ULTRON are held in escrow by the company until the advertised returns are received.

How long an affiliate holds on to their Ultron tokens determines the amount of profit they will receive: 0.2% per day for the first year, 0.1% for the second year, and 0.5% for the third year, the fourth year. Per day, 0.025 percent A daily rate of 0.012 percent is used.

Ultron’s MLM offers commissions on token purchases made by affiliates who have been recruited. The Ranks of Ultron Affiliates Ultron’s pay scheme has fifteen affiliate ranks. They are as follows, along with their respective qualifications: Ultron tokens can be purchased by registering as a partner.

In order to be an active partner, you must earn €100 in accumulated weaker binary team volume. Ensure that the weaker binary team side generates 2500 EUR in aggregate volume. The master goal is a binary team side volume accumulation of 5000 EUR. team manager generate 15,000 EUR from the weaker binary team volume over time. 40,000 EUR in cumulative weaker binary volume on the team side.

75,000 EUR in accumulated weaker binary team side volume can be generated by the Regional Manager. The Executive Director is expected to develop a side volume of accumulated weaker binary teams of 200,000 Euros.Create 200,000 EUR worth of weaker binary team volume.

Double With the Diamond Director, generate 1,000,000 EUR in accumulated weaker binary team side volume. As Vice President, generate 2,500,000 EUR in cumulatively inferior binary team side volume! Produce a side volume of collected weaker binary teams of 15,000,000 EUR, Mr. President of the World. Throughout the year, Star PresidentLegend-amass 50,000,000 EUR of weaker binary team side volume.

Commissions for referrals Token packages acquired by Ultron affiliates are sold at a 10% commission to Ultron affiliates. Recurring Payments A binary compensation mechanism is used by Ultron to pay residual commissions. There are two sides (the left and right) to every binary team, and each side has its own pay scheme. The binary team has two slots on the first level.

These first two positions are divided into another two positions each to produce the binary team’s second level (4 positions). Each successive level of the binary team contains two times as many slots as the preceding level, allowing for as many tiers of the binary team as needed.

Direct and indirect affiliate recruitment is used to fill positions in the binary team. You should keep in mind that binary teams can go infinitely deep. New investment volume on both sides of the binary team is counted by Ultron once a week. A 10% commission is granted to binary team affiliates based on the volume generated on the weaker side of a binary team.

You should know that the amount of residual commissions you can earn each week depends on your rank: Up to €1000 EUR can be earned by partners. Masters allows Active Partners to earn up to €3000 EUR. Managers of teams can earn up to 5,000 euros each year. President managers can earn up to €7500 EUR. Regional managers can earn between €10,000 and €15,000 per year. Up to €12,000 EUR can be earned by Executive Directors. Up to €20,000 can be earned as a Diamond Director.

At least €30,000 per year can be earned by Double Diamond Directors. Vice Presidents can earn up to €40,000 per year. €50,000 EUR is the maximum amount that presidents can earn. Global CEOs can make up to €75,000 each year. It is possible for a star president to make up to 175,000 euros.

Up to €350,000 EUR may be earned by legends in the game. A binary team’s volume is matched and flushed once it has been paid out. The following week will be used for any unused volume. Bonuses for Complementary Investments Using a unilevel compensation plan, Ultron provides a matching bonus.

When an affiliate recruits new members, they are placed at the head of their unilevel team (level 1), and each new member is placed right under them (level 2). Affiliates recruited by level 1 members are placed on the second level of their unilevel team. In theory, there may be an unlimited number of levels of affiliates if any level 2 affiliates recruit new affiliates. The Matching Bonus is capped by Ultron at seven levels for a single-level team. Team affiliates receive a percentage of their residual commissions, called the Matching Bonus. An Ultron affiliate’s rank determines how many tiers he or she receives the matching bonus on: On level 1, Master and Team Managers receive a 10% bonus (personally recruited affiliates).

At levels 1 and 2, project managers receive a 10% match. A 10% match is given to regional managers on levels 1 to 3. A 10% match is given to executive directors on levels 1 to 4. A 10% match is given to Diamond Directors on levels 1 to 5. Double Diamond Directors receive a 10% bonus at each of the first six levels. A 10% bonus is given to Vice Presidents and higher on levels 1 to 7.

Bonuses for Recruitment Recruiting five Ultron affiliates who purchase a package within 30 days of signing up results in a reimbursement for the Ultron affiliate. Affiliates must purchase packages that are equal to or higher than those purchased by the qualified affiliate.Bonuses for top performers An Ultron Leaders Bonus Pool is created by depositing 5% of corporate sales into the pool.

Divided into four equal halves, the Leaders Bonus Pool is divided into smaller ones. Affiliates of Ultron are entitled to a portion of the lesser leader bonus pools, which are divided according to rank: Managing Directors and managing directors each receive a portion of the manager leader bonus pool. A portion of the President Leader Bonus Pool is allotted to presidents.

A portion of the Legend Leader Bonus Pool is distributed to legendary characters. One-time Rank Achievement Bonuses are given to Ultron affiliates who qualify as Team Managers or above. Earn €500 EUR for qualifying as a team manager, €1200 EUR for qualifying as a president manager, €2500 EUR for qualifying as a regional manager, and €6000 EUR for qualifying as a diamond director, €15,000 EUR for qualifying as a double diamond director, €30,000 EUR for qualifying as a vice president, and €200,000 EUR for qualifying as a star P. The purchase of a €500, €1500, or €5000 EUR ultron token package is required to join the Ultron Ultron affiliate program.

Affiliates can earn more money if they spend more on their bundle. Ultron’s Last Stand There’s evidence of a bitcoin component in a Givvo marketing video from last October: With the help of Ultron, Givvo goes full crypto bro with pyramid recruitment and stock fraud.

However, Ultron’s desire to be a crypto-bro isn’t yet realized. Investment fraud is primed and ready to start. Investing in Ultron tokens and holding them with the company (staking) is how Ultron affiliates earn a passive income. This is a public offering of securities, so it must be registered with the appropriate authorities. Ultron’s e-commerce platform was a failure, hence the company’s returns on invested Ultron are paid with money that has since been invested.

The pseudo-compliance Ultron will come up with to explain this away is a forgone conclusion. This is worthless, however, until regulators get audited financial reports. Ultron’s MLM division compensates for the recruitment of affiliates who make financial investments of their own. Ultron’s MLM opportunity has no retail component, hence recruiting is done through a pyramid scheme.

It’s a two-tiered scam involving a UK shell firm for banking and Givvo, which is controlled by fraudsters in Dubai. Good luck getting your money back from them when Ultron breaks down. Ultron’s marketing literature claims that it’s an “ethereum virtual machine compliant protocol,” hinting at the inevitable exit scam. In my opinion, that ‘s just a way of saying that Ultron is an ERC20 garbage coin.

These can be put up in five minutes and cost nothing or very little. As a point of comparison, on February 9th, the privately registered domain name “ultron.foundation” was registered. Givvo’s Ultron reboot looks to have begun at this point. At the time of this writing, Ultron appears to be unavailable for public purchase.

If that’s the case, Tobias Sukenik and Michal Prazenica will exit stage left during Ultron’s exit fraud. This means that Ultron affiliates will be left with tokens that they can’t use. Admins will run off with invested money, leaving affiliates in a sell-off race to the bottom if Ultron is eventually dumped on shady exchanges.

Math assures us that Ultron’s administrators will lose money in Ponzi schemes no matter which path they take.

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Meta Utopia- Crook Review

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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.

Regards, 
TEAM OF SUPPORT FOR COPYRIGHT”

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

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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

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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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