Pushed Buying and selling appeared on BehindMLM’s radar in October 2021, because the securities fraud part of Jimmy Ezzell’s Younger Entrepreneur Challenge.
That partnership broke down in April 2022, with YEP and Pushed Buying and selling going their separate methods. YEP went on to break down shortly after.
Proprietor and CEO Cory Kromray spun Pushed Buying and selling off as a non-MLM “automation license” buying and selling app alternative.
As of January 2023, SimilarWeb tracked negligible site visitors to Pushed Buying and selling’s web site.
Not surprisingly, Kromway has now flogged what’s left of Pushed Buying and selling to the IX World Ponzi scheme.
The precise monetary association between Kromray and IX World hasn’t been publicly disclosed.
On February twenty fifth, Kromway publicly thanked and congratulated himself throughout Pushed Buying and selling’s social media accounts:
Yesterday, Cromway held his first IX World webinar, to promote the funding alternative to what’s left of Pushed Buying and selling.
This isn’t the primary time this has occurred. Again in 2021 Richard Smith additionally funnelled what was left of R Community into IX World.
IX World isn’t all that completely different to Pushed Buying and selling. Like Pushed Buying and selling, IX World hides securities fraud behind an training platform.
Pushed Buying and selling refers to their platform as Pushed Buying and selling Academy:
Over at IX World it’s “group based mostly studying”:
Behind IX World’s group based mostly studying is a 5% to twenty% a month passive funding scheme:
On the regulatory entrance
- Pushed Buying and selling and Kory Kromray are based mostly out of Florida within the US
- IX World and Joe Martinez symbolize they’re based mostly out of Florida
As of January 2023, SimilarWeb tracked the US as the biggest supply of IX World web site site visitors (45%). India got here in second at 41%.
Regardless of being based mostly out of the US and pitching an automatic foreign exchange passive funding alternative to US residents, neither Pushed Buying and selling, Kory Kromray, IX World or Joe Martinez are registered with the SEC or CFTC.
Final October authorities in India arrested Sailesh Pandey, on suspicion of laundering round $25 million for IX World.
The arrest prompted the Reserve Financial institution of India to verify IX World is a monetary blacklist.
Pandey and his brothers laundered IX World by a shell firm named TP World Results.
At time of incorporation, TP World Results’ declared enterprise exercise was meals and grain manufacturing.
Following Pandey’s arrest, IX World seems to have simply swept the matter beneath the rug.
BehindMLM understands Indian victims of IX World have gone ignored (click on to enlarge):
Regardless of Pandey’s arrest, IX World continues to be illegally promoted throughout India.
One of many fundamental ringleaders selling IX World is Indian nationwide Viraj Patil.
Previous to IX World’s 2020 launch, each Joe Martinez and Viraj Patil promoted Kuvera World.
Kuvera World initially glided by Wealth Turbines. Dad or mum firm Investview renamed Wealth Turbines to Kuvera World after the CFTC fined it $150,000 for commodities fraud.
A BusinessForHome puff-piece claims Patil’s IX World downline was in extra of 43,000 individuals. That was two years in the past in February 2021.
At the moment BusinessForHome celebrates Patil stealing $1.2 million by IX World every month.
Initially from Mumbai Patil now hides out in Dubai, the MLM crime capital of the world.
