Crowd1 has exit-scammed Sweden by means of a superb quaint chapter.
As reported by SvD in a paywalled June twelfth article, Crowd1’s Swedish shell firm, Influence Crowd Expertise Scandinavian AB, filed for chapter on Friday, June ninth.
“As a consultant of Influence Crowd Expertise Scandinavian AB, it’s hereby requested that the district courtroom place the corporate in chapter, as the corporate is in insolvency which isn’t short-term,” the temporary doc states.
The chapter was determined by the district courtroom on the identical day, which is a regular process when the appliance comes from the corporate.
After all that is all simply theater to wrap up any company unfastened ends. Crowd1 operates out of Dubai and cash stolen by means of the Ponzi scheme could have been laundered offshore already.
Nonetheless, Crowd1’s Swedish chapter exit-scam follows raids on their places of work final November. Swedish authorities have belatedly opened an investigation into Crowd1, however nothing has come of it but.
“A suspected pyramid scheme is definitely on the backside of our investigation, however our prison investigation is about whether or not (Crowd1’s) routing of cash out and in of Sweden was (a) prison (act)”, stated chamber prosecutor Carl Asterius earlier to SvD.
Though I’m not intimately accustomed to Swedish regulation, I’d assume laundering cash stolen by means of a Ponzi scheme is in actual fact unlawful.
Crowd1 is run by Jonas Werner. A Swedish nationwide, Werner fled to Dubai as Crowd1 grew.
Along with asserting a local Crowd1 NFT shitcoin grift (which hasn’t launched but)…
…Crowd1 is at the moment pushing a brand new “Emperor Knights” pLaY tO eArN grift:
This isn’t Crowd1’s first foray into grifting by means of video video games. Again in 2021 Crowd1 launched Planet IX, a crappy cellular sport that in the end went nowhere.
Crowd1 has locked down its official FaceBook web page so sadly we’re unable to supply enter from its victims.
As of Might 2023, Crowd1’s web site site visitors is holding regular at about a million visits a month.
SimilarWeb tracks prime sources of Crowd1 web site site visitors as Russia (27%), Sweden (14%), Ukraine (10%), the Philippines (7%) and Germany (6%).
