The TLC Buying and selling Ponzi scheme has collapsed.
As of August seventh, 2024, withdrawals have been disabled for simply over per week.
TLC Buying and selling buyers started reporting withdrawals issues on or round July thirty first.
TLC Buying and selling would allow associates to request withdrawals, however the transactions wouldn’t undergo.
As of August seventh, 2024, TLC Buying and selling continues to string alongside buyers:
Our workforce is working tirelessly to resolve all system points and return to regular operations. We ask to your continued persistence and understanding as we navigate this difficult time.
It needs to be famous that whereas withdrawals have been disabled for per week, TLC Buying and selling has no situation processing new investments.
Every week of disabled withdrawals is greater than lengthy sufficient to name a Ponzi scheme’s collapse. Coinciding with TLC Buying and selling’s collapse is the deletion of all movies on its official YouTube channel.
TLC Buying and selling is a reboot of the collapsed Commerce Like Loopy Ponzi scheme.
Each scams have been headed up by fictional CEO Armen Sargasyan, performed by two completely different actors so far.
Final month BehindMLM outed the present Sargasyan actor as Polish nationwide Tomas Malodobry.
This tracks with TLC Buying and selling suspected of being run by Polish and/or Russian scammers hiding in Dubai.
Additionally debunked final month was TLC Buying and selling’s fictional contract with Liga Insurance coverage.
As of July 2024, SimilarWeb tracked round 356,000 month-to-month visits to TLC Buying and selling’s web site. High sources of site visitors have been recognized as Russia (37%), Vietnam (13%), Hungary (13%), the US (12%) and Brazil (8%).
TLC Buying and selling exit-scammed its Hungarian buyers on or round July twenty second. On the time BehindMLM accurately predicted how TLC Buying and selling would finish:
The plan is prone to fleece US and Swedish buyers for one more month or two earlier than pulling the plug.
Pending the conclusion of TLC Buying and selling’s “system points” exit-scam, whole investor losses stay unknown.