The Likwel Ponzi scheme has collapsed.
In a put up to Likwel’s official Telegram channel on September ninth, the rip-off introduced it was “compelled to freeze the exercise of our firm for two years.”
As a substitute of arising with an elaborate story, Likwel stored its exit-scam easy;
Our firm has been actively rising in new applied sciences however we’ve got some difficulties and we’ve got to cope with some processes that don’t give us the chance to develop much more.
The Ponzi scheme did embellish on math although, happening to assert that solely 18% of its buyers loss cash.
That is after all baloney. Like all Ponzi scheme, nearly all of Likwel buyers misplaced cash.
Over the previous few months, Likwel held a sequence of staged promotional occasions in Kazakhstan, Russia, Cyprus, France, Spain.
Likwel had been touting a Dubai occasion on September twentieth.
As a part of its exit-scam, Likwel knowledgeable buyers the staged occasion “can be postponed”.
Based mostly on site visitors evaluation by SimilarWeb, nearly all of Likwel victims are believed to be from France (54%) and Poland (36%).
Visitors to Likwel’s web site stalled between July and August, which is probably going the precise cause for the Ponzi scheme’s collapse.
As reviewed right here on BehindMLM, Likwel solicited funding on the promise of as much as 2.25% a day.
The Ponzi scheme is believed to have been run by Russian scammers, fronted by Boris CEO Anton Kozlov enjoying “Hector Miles”.
The Financial institution of Russia issued a Likwel pyramid fraud warning in December 2022. This seems to mark Likwel focusing on buyers outdoors of Russia.
Pending unlikely motion by authorities, whole Likwel sufferer numbers and the way a lot they misplaced stays unknown.
