Anthony Norman has reportedly been arrested in Sweden.
Prosecutors have charged Norman with monetary crimes, resulting in his arrest in late October.
Sadly Dagens Industri and Realtid, the 2 Swedish publications masking Norman’s arrest, are each paywalled.
Head Subjects, citing Realtid’s paywalled article, studies Norman’s arrest was carried out by Sweden’s “Ecocrime authority”.
A preliminary investigation that was opened in opposition to Anthony Norman in 2020 considerations critical accounting crimes, but it surely was solely final week that he was arrested.
Norman (proper), who is outwardly a resident of Spain, was apprehended at a “non permanent residence” in Saltsjö-Boo. Swedish authorities have additionally reportedly made some asset seizures as a part of their case.
Apparently Norman was in the course of some glassworks deal, the place he’d hoped to hire empty warehouses to “eager speculators”.
Curiously, Dagens Industri additionally studies there are “connections” between Norman and “the infamous drug community Foxtrot”.
Foxtrot is a “felony community in Sweden that arouse in the course of the later components of the 2010’s.”
BehindMLM first got here throughout Norman in 2014, as CEO of ViralAngels.
ViralAngels was a short-lived pyramid scheme with a securities fraud backend.
In January 2017 the Angel Enterprise Membership Ponzi emerged, and seemed to be a brand new iteration of the ViralAngels rip-off.
Norman didn’t publicly entrance Angel Enterprise Membership, however is believed to have been concerned by means of its Angel Fairness Worldwide (included across the time ViralAngels collapsed).
Angel Enterprise Membership because the Ponzi scheme we reviewed in 2017 was once more short-lived.
In April 2019 Norman resurfaced with Wellmont Capital, by means of which he acquired what was left of John Barksdale’s Ormeus International Ponzi scheme (then rebooted for a 3rd time as IQ Legacy).
What was left of IQ Legacy was being funnelled into The Sprinkle Group, in preparation for a Liber8 token Ponzi launch.
Not likely certain what occurred after that. Liber8 both launched and instantly collapsed, or didn’t launch in any respect.
One short-lived Wellmont Capital spinoff was Wantage One, a Ponzi scheme Norman ran by means of a Dutch shell firm.
What we do know is early 2021 Norman wolfed up what was left of Wazzub and its YEM token bagholders.
This lead into the launch of Dragon International Finance, one other Ponzi scheme, in early 2021.
Dragon International Finance collapsed in early 2022 and was rebooted as EQT Financial institution. Norman ran the EQT Financial institution Ponzi scheme by means of “Common Pickle”, a shitcoin he retained management over.
Each EQT Financial institution and Common Pickle had collapsed by April 2022.
It seems after that Norman transitioned from MLM crypto Ponzis to real-estate fraud and partnering with Foxtrot.
Underneath Swedish regulation Norman is granted “pretrial confidentiality”. Realtid studies that the prosecutor dealing with Norman’s case “hopes at greatest there might be an indictment earlier than Christmas”.