Rolvi Buying and selling has acquired a securities and pyramid fraud warning from New Zealand’s Monetary Markets Authority.
As per the FMA’s June twelfth warning;
Rolvi Commerce – unregistered, potential pyramid scheme
We’re conscious that Rolvi Commerce is providing cryptocurrency merchandise and providers through its web site rolvitrade.com.
It isn’t registered on the Monetary Service Suppliers Register or regulated to supply these providers and merchandise to New Zealand retail purchasers, as required by the Monetary Service Suppliers (Registration and Dispute Decision) Act 2008 and the Monetary Markets Conduct Act 2013.
We advocate warning when coping with Rolvi Commerce and its web site.
The FMA notes that “New Zealanders have reported hassle withdrawing funds.”
Rolvi Buying and selling is a Boris CEO Ponzi scheme that pitches as much as 2.85% a day.
Rolvi Buying and selling initially operated from the area “rolvi.com”. Final month, in what was doubtless an try and dodge monetary regulators, Rolvi Buying and selling switched to “rolvitrade.com”.
Rolvi Buying and selling was initially fronted by Boris CEO “Richard F. Asperger”.
Asperger was performed by Californian primarily based actor Wesley Johnson.
Rolvi Buying and selling changed its unique Boris CEO with a brand new solid of actors a while again:
Rolvi Buying and selling’s “Founder and Director Joel Kristaps“, for instance, is performed by Californian actor Mike Silva.
Rolvi Buying and selling frequently pushes dwell Zoom conferences on its FaceBook web page:
The webinars are hosted by “Buyer Relationship Supervisor George Ostan”.
“George Ostan” doesn’t exist. He’s a fictional govt performed by US voice actor Daniel Britt.
In a March 2022 Rolvi Buying and selling webinar, Britt performed a recording of Dillon Kivo endorsing Rolvi Buying and selling to his a million Instagram followers.
Hiya all people, it’s Dillon Kivo right here.
I’m actually honored and I’ve the pleasure to handle you all, that the Rolvi household might be increasing their enterprise boundaries to South Africa.
I repeat, Rolvi is now registered and integrated in South Africa guys. That is fricken wonderful.
Let me inform you in regards to the Rolvi cutting-edge buying and selling platform.
Rolvi combines AI intelligence and machine studying to commerce in pure gasoline, valuable metals, cryptocurrency.
I genuinely consider that, y’know buying and selling is often solely for individuals who are extraordinarily educated. Proper?
However Rovi Buying and selling affords their experience and it creates a user-friendly surroundings – the place actually anyone can interact and flourish.
I’m actually ecstatic to see this firm rising past borders, extending throughout seas and aiding others with acquiring financial liberty.
I really want you guys nothing however success, y’know shifting ahead. And also you guys are actually an incredible enterprise.
Carry on pushing on staff.
On social media Kivo pitches himself as a “public relations knowledgeable”
Neither Rolvi Buying and selling, Wesley Johnson, Mike Silva, Daniel Britt or Dillon Kivo are registered with the SEC.
In Britt’s Rolvi Buying and selling webinars, Dillon Kivo additionally didn’t disclose he was paid by Rolvi Buying and selling to endorse the Ponzi scheme. It is a potential violation of each the FTC and Securities and Alternate Act.
Though it makes use of US actors and influencers to advertise itself, Rolvi Buying and selling’s official FaceBook web page is managed from India:
It’s unclear whether or not Rolvi Buying and selling is operated from India or if it’s simply outsourced its social media.
With respect to Rolvi Buying and selling promotion in New Zealand, again in March the Ponzi scheme marked Glean Livingstone’s $50,000 funding.
On June fifteenth Livingstone celebrated recruitment of Norwegian Rolvi Buying and selling buyers:
Though it was deserted final month, SimilarWeb nonetheless tracked over 500,000 visits to Rolvia Commerce’s unique area in Could 2023.
The vast majority of Rolvi Buying and selling’s web site site visitors originates out of Poland (50%), South Africa (35%), the US (11%) and India (4%).
