Crowd1 has exit-scammed Sweden by a superb quaint chapter.
As reported by SvD in a paywalled June twelfth article, Crowd1’s Swedish shell firm, Impression Crowd Know-how Scandinavian AB, filed for chapter on Friday, June ninth.
“As a consultant of Impression Crowd Know-how Scandinavian AB, it’s hereby requested that the district court docket place the corporate in chapter, as the corporate is in insolvency which isn’t momentary,” the transient doc states.
The chapter was determined by the district court docket on the identical day, which is an ordinary process when the applying 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 the Ponzi scheme may have been laundered offshore already.
Nonetheless, Crowd1’s Swedish chapter exit-scam follows raids on their workplaces final November. Swedish authorities have belatedly opened an investigation into Crowd1, however nothing has come of it but.
“A suspected pyramid scheme is actually on the backside of our investigation, however our legal investigation is about whether or not (Crowd1’s) routing of cash out and in of Sweden was (a) legal (act)”, stated chamber prosecutor Carl Asterius earlier to SvD.
Though I’m not intimately acquainted with Swedish legislation, I’d assume laundering cash stolen by a Ponzi scheme is in truth unlawful.
Crowd1 is run by Jonas Werner. A Swedish nationwide, Werner fled to Dubai as Crowd1 grew.
Along with saying a local Crowd1 NFT shitcoin grift (which hasn’t launched but)…
…Crowd1 is at present pushing a brand new “Emperor Knights” pLaY tO eArN grift:
This isn’t Crowd1’s first foray into grifting by video video games. Again in 2021 Crowd1 launched Planet IX, a crappy cell recreation that finally went nowhere.
Crowd1 has locked down its official FaceBook web page so sadly we’re unable to supply enter from its victims.
As of Could 2023, Crowd1’s web site visitors is holding regular at about a million visits a month.
SimilarWeb tracks prime sources of Crowd1 web site visitors as Russia (27%), Sweden (14%), Ukraine (10%), the Philippines (7%) and Germany (6%).
