Home Network Marketing OneCoin scammers entrance unlawful lottery

OneCoin scammers entrance unlawful lottery

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OneCoin scammers entrance unlawful lottery

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Fortunate Dozens gives no data on its web site about who owns or runs the corporate.

In response to Fortunate Dozens’ web site Phrases and Circumstances;

The Web site is owned and operated by Launch Day S.R.L., a duly registered Costa Rican company with company id. Quantity 3-102-810200.

Fortunate Attracts’ web site area (“12022021.dwell”) was registered on September 18th, 2020. The personal registration was final up to date on June tenth, 2021.

Additional analysis reveals Jan-Eric Nyman internet hosting official Fortunate Attracts advertising and marketing shows.

Nyman refers to Fortunate Attracts within the possessive, suggesting he’s an government and/or firm proprietor.

Jan-Eric Nyman is finest identified within the MLM business for being a part of Duncan Arthur’s OneCoin dev workforce.

OneCoin is without doubt one of the largest MLM cryptocurrency Ponzi schemes so far. It was based by Ruja Ignatova and Sebastian Greenwood in 2014.

Each Ignatova and Greenwood have since been indicted. To this point Nyman has confronted no authorized repercussions for his function within the multi-billion greenback rip-off.

Nyman’s MLM roots date again to the Unaico SiteTalk pyramid scheme.

After OneCoin collapsed, Duncan Arthur rebranded his work there and continued to develop it as Bycoi.

Arthur retained his OneCoin growth workforce, together with Jan-Eric Nyman, to work on Bycoi.

In early 2020 Nyman tried to grab management of Bycoi. Nyman would finally go on to launch eComelize.

BehindMLM reviewed eComelize in March 2020. Primarily based on its enterprise mannequin, we concluded eComelize was a pyramid scheme.

eComelize’s web site remains to be up, nevertheless Alexa web site visitors estimates reveal the location is useless.

Placing two and two collectively, eComelize collapsed shortly after launch. Quick ahead roughly a 12 months later, and that brings us to Fortunate Dozens.

It’s price noting that Fortunate Dozens seems to have gone via just a few iterations, doable earlier than Jan-Eric Nyman received concerned. Fortunate Dozens’ official Fb web page was created in June 2018.

A Fortunate Dozens “model 2.0” reboot was introduced final month:

When eComelize launched Nyman was primarily based out of Malaga, Spain. Presumably he’s nonetheless there however I couldn’t discover any updates to verify.

In any occasion Fortunate Dozens’ ties to Costa Rica are superficial.

Fortunate Dozens has no enterprise operations in Costa Rica. Fundamental incorporation is meaningless.

As at all times, if an MLM firm is just not brazenly upfront about who’s working or owns it, assume lengthy and onerous about becoming a member of and/or handing over any cash.

Fortunate Dozens’ Merchandise

Fortunate Dozens has no retailable services or products, with associates solely capable of market Fortunate Dozens affiliate membership itself.

Fortunate Dozens’ Compensation Plan

Fortunate Dozens associates enroll with both a Lite or Mega subscription.

  • €50 EUR Lite affiliate membership gives entry to a €240,000 EUR Lite Jackpot for 52 weeks
  • €250 EUR Mega affiliate membership gives entry to a €2.4 million EUR Mega Jackpot for 52 weeks

Each jackpots are seven quantity lotteries drawn every day.

Associates choose numbers and might win all through the week. In the event that they match all seven numbers on the finish of the week the jackpot is paid out.

Every time a Fortunate Dozens affiliate wins (both the every day draw or weekly jackpot), a 100% matching quantity is put up and distributed to 12 randomly chosen associates.

The MLM facet of Fortunate Dozens’ pays on recruitment of associates who enroll with lottery subscriptions.

Referral Commissions

Fortunate Dozens associates earn 5% of funds spent by personally recruited associates.

Residual Commissions

Fortunate Dozens pays residual commissions through a unilevel compensation construction.

A unilevel compensation construction locations an affiliate on the high of a unilevel workforce, with each personally recruited affiliate positioned immediately underneath them (degree 1):

If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel workforce.

If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.

Residual commissions are paid at 5% of gross sales quantity generated throughout seven unilevel workforce ranges.

Notice that recruitment is required to unlock unilevel workforce ranges:

  • recruit one affiliate to earn residual commissions on one unilevel workforce degree
  • recruit two associates to earn residual commissions on two unilevel workforce ranges
  • recruit three associates to earn residual commissions on three unilevel workforce ranges
  • recruit 4 associates to earn residual commissions on 4 unilevel workforce ranges
  • recruit 5 associates to earn residual commissions on 5 unilevel workforce ranges
  • recruit six associates to earn residual commissions on six unilevel workforce ranges
  • recruit seven associates to earn residual commissions on all accessible seven unilevel workforce ranges

Group Win

If a Fortunate Dozens affiliate has a thousand associates of their downline, they qualify for the Group Win bonus.

The Group Win bonus pays a 5% match on downline affiliate lottery draw winnings.

Matched winnings is usually a direct win or fortunate draw win.

Digital Shares Buying and selling Scheme

Fortunate Dozens associates are capable of spend money on “Pool Collaborating Certificates” (PPCs).

PPCs perform as digital shares. Every month Fortunate Dozens takes 75% of company-wide net-profit and pays returns to every digital shareholder.

Fortunate Dozens digital shares will also be traded inside an inside change, arrange as “Dosx”.

Notice {that a} sure share of “cashback” paid out needs to be put in direction of digital shares.

“Cashback” is how Fortunate Dozens refers to commissions:

Group Cashback – means sure sum of money that Account Holder is eligible to obtain from incoming funds of utilization the providers of the Account Holders in his/her Group.

Primarily based on this:

  • 50% of commissions paid to Lite subscription associates needs to be put in direction of digital shares
  • 25% of commissions paid to Mega subscription associates needs to be put in direction of digital shares

Becoming a member of Fortunate Dozens

Fortunate Dozens affiliate membership is tied to the acquisition of an annual lottery subscription:

  • €50 EUR Lite affiliate membership
  • €250 EUR Mega affiliate membership

Each memberships are annual subscriptions. The distinction between the 2 is increased earnings potential through the hooked up lotteries.

Notice that there’s additionally a €3000 EUR affiliate membership possibility which, in response to Kari Wahlroos. “provides you loads of PPCs (digital shares) and loads of (lottery) tickets”.

Conclusion

Fortunate Dozens’ front-end is a weekly lottery but it surely’s really a fraudulent funding scheme.

Associates spend money on digital shares, both immediately or they earn commissions and are pressured to. Fortunate Dozens pays a return on these shares, funded by lottery tickets and share funding – each of that are paid for by new and present Fortunate Dozens associates.

All that’s occurring is funds deposited into Fortunate Dozens are being shuffled round to pay those that make investments probably the most into shares immediately, and those that recruit probably the most (bigger withheld commissions they must spend money on shares).

On high of that Ponzi scheme you may have a further layer of funding fraud, by the use of shares being tradeable.

Fortunate Dozens digital share buying and selling is pitched on projections of future digital share worth:

Each returns paid to Fortunate Dozens digital shareholders and the share buying and selling scheme primarily based on projected share worth are securities choices.

Neither Fortunate Dozens or Jan-Eric Nyman are registered to supply securities in any jurisdiction.

Providing unregistered securities is unlawful everywhere in the world. So is selling them.

As for Fortunate Dozens’ lottery ruse, gaming is closely regulated. You want licenses to function lotteries and Fortunate Dozen gives no indication related licenses have been acquired.

Once more, shell firm incorporation in Costa Rica is meaningless.

In abstract Fortunate Dozens is an unlawful lottery providing, mixed with an unlawful funding scheme, mixed with an unlawful pyramid scheme.

Considered one of Fortunate Dozens’ high promoters is Kari Wahlroos:

As former OneLife European Ambassador, Wahlroos is believed to have been one in all OneCoin’s high net-winners.

Like Nyman, Wahlroos has confronted no authorized penalties for his participation in OneCoin.

Final we checked in Wahlroos was hiding out in Dubai. At current Wahlroos official Fb web page is primarily managed from Latvia and Eire.

In any occasion like OneCoin, Nyman’s eComelize and the various Ponzi schemes Wahlroos promoted after OneCoin, nearly all of Fortunate Dozens associates will lose cash.

Fortunate Dozens is similar previous Ponzi story; a small minority of executives and associates earn a living on the expense of everybody else.



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