Today it became known about the filing of official charges against Forsage founders as part of: Vladimir Okhotnikov, Mikhail Sergeev, Elena Oblamskaya and Sergey Maslakov. All the accused are citizens of the Russian Federation. Representatives of the investigative group accuse the suspects of creating a global Ponzi scheme, which, according to experts, misled investors in the amount of $ 340 million.
The Forsage platform was launched in 2020 and throughout its activities has expanded its international business by applying an aggressive marketing strategy. The investment platform positioned itself as a reliable and legitimate tool for obtaining long-term passive income with a low risk of investment loss.
The Forsage co-founders’ team was charged with fraud on the basis of a lengthy investigation, during which obvious evidence of violation of the law was collected and a systematic scheme for withdrawing investors’ funds by criminal means was revealed.
According to the statement of officials of the US Department of Justice, masquerading as an investment platform, Forsage launched a Ponzi scheme using smart contracts on Ethereum, Binance Smart Chain and Tron. The investigation documents note that as soon as the investor transferred his money to the platform, the smart contract instantly sent funds to other investors who had invested in Forsage before.