Following Daxio’s collapse, proprietor Frode Jorgensen has fled Thailand.
In a current replace despatched out to his victims, Jorgensen additionally claims employed hitmen are after him.
I need to preface this text by stating Frode Jorgensen is a serial scammer. His phrase means nothing and he has no credibility.
I’m overlaying Jorgensen’s excuses so there’s a paper-trail for authorities to observe.
In his newest February fifteenth communication to Daxio victims, Jorgensen opens by babbling on about how nice Daxio has been (for him).
Then, Jorgensen (proper) concots this nonsensical narrative;
There may be additionally a darkish aspect in Daxio. A darkish aspect which reveals the true nature of many people. Greed, Egoism, Stealing, Dishonest.
This has been a rising most cancers in our neighborhood, we now have tried to eliminate it, nevertheless it retains coming again and it’s rising sooner than ever.
It began to look once we launched a brand new recreation. It was known as DaxioBot. The DaxioBot was meant to be a automobile for folks to earn some further revenue. It has limitations, guidelines, and rules.
In actual fact, your entire Daxio system have guidelines and rules. Taking a look at it as we speak it has destroyed Daxio and every part Daxio stands for. Leaving us all in a really difficult state of affairs.
It’s nonsensical as a result of it ignores Daxio has Daxio has at all times been a Ponzi scheme, by means of which nearly all of buyers have at all times been assured to lose cash.
However Jorgensen isn’t after all referring to Daxio’s fraudulent enterprise mannequin. The “darkish aspect” is purported repercussions he’s dealing with for stealing folks’s cash.
Due to the DaxioBot, final week I’ve had Hitmen come to my home, I used to be tried kidnapped, however I managed to get away.
I’ve misplaced every part I’ve labored arduous for the previous 20 years; this have pressured me to go away the nation I really like essentially the most on this world, the nation I name Residence.
Nonetheless, I’m not far-off, and I’m at the moment in hiding at a secure home. That is the explanation behind my silence the final week. To not run away, however to be secure.
Riiiiiiiiiiiiiight……t
Along with dodging employed assassins (Jorgensen doesn’t make clear how he, chubby and middle-aged, was in a position to “get away”), Jorgensen goes to on to counsel he’s underneath investigation.
I’m at the moment in dialog with numerous Authorities Companies and Authorized Advisors to attempt to discover a strategy to unwind the cluster we’re in to attempt to discover options to maneuver ahead.
If it doesn’t work out, I’ll flip myself in and share every part I’ve been documenting throughout these 5 years which have handed.
The one nation identified to be investigating Daxio and Jorgensen is Norway (though he lives in Thailand, Jorgensen is a Norwegian nationwide).
The Norwegian Playing Authority confirmed an investigation into Daxio in July 2022. There have been no additional updates since.
Norway and Thailand don’t formally have an extradition treaty. That nevertheless doesn’t imply the 2 nations don’t cooperate in the case of felony issues.
The remainder of Jorgensen’s Daxio replace is a raft of excuses for withdrawal delays. “Market drops”, the “Luna crash”, and soliciting funding in EUR equivalents all get a point out.
All of which don’t have anything to do with Daxio being a easy Ponzi scheme that ran out of recent funding to pay present buyers.
Oh and right here’s a bit of excellent outdated style victim-blaming;
Our phrases and situations, guidelines and rules, buy settlement and disclaimers CLEARLY states what to do and what to not do.
There are members with a number of accounts in Daxio and that actions have taken Daxio right into a downward spiral.
There are members taking part in irresponsible within the Daxiobot, with cash that they can not afford to lose and which have put them into a foul state of affairs.
There are members who discovered safety holes and methods to cheat the system, shared these methods with others and avoiding informing Daxio about them, that motion is destroying Daxio
There are members working round presenting Daxio as an Funding Scheme or a HYIP, bear in mind that this motion has given diet to the most cancers which may ultimately kill Daxio.
There are members spreading rumors and false information, posting feedback, and sharing the non-public member data overtly with media or blogs. Bear in mind that this motion direct reason behind lots of the issues we’re experiencing proper now.
As for my-self, I’m 100% conscious that I is perhaps the reason for lots of the issues we’re experiencing. In any case I used to be a part of constructing the platform and expertise behind Daxio.
My greatest mistake was that I gave room to all of those members to create issues.
Poor Frode. He simply can’t catch a break.
The remainder of Frode’s communication is a bunch of guarantees and crypto jargon nonsense (linked above in case you actually need to learn it).
Regardless of math guaranteeing the house owners of Ponzi schemes are at all times their major beneficiaries, Jorgensen claims he has “not enriched myself financially with Daxio.”
Having coated MLM Ponzi schemes for some time now, the cynic in me reads Jorgensen’s communication as an exit-scam.
- Cease paying out.
- Delay.
- Give you a “hitman are after me!” exit-scam.
- blame associates as a part of stated exit-scam, organising the inevitable “I attempted however too a lot of you have been scamming the rip-off!” exit-exit-scam.
- weave in a identified regulatory investigation into Daxio however don’t present any particulars.
Pending any additional developments, we’ll preserve you up to date.
