Polvera has acquired a securities fraud desist and chorus order from California’s Division of Monetary Safety and Innovation (DFPI).
DFPI’s August twentieth, 2024 Polivera order cites the next respondents:
- Polivera Restricted
- the web site area “polivera.ai”
- the web site subdomain “api-polivera.ai” and
- Valeria Carbone
As per the DFPI’s Polivera fraud order;
Starting at the least as early as Might 2024, Polivera supplied and bought securities within the type of funding contracts in California by way of normal solicitations on its web site. Polivera referred to those funding contracts as “Bots.”
Polivera facilitated investor deposits and withdrawals utilizing crypto property.
As a part of its solicitation efforts, Polivera used a pyramid scheme construction that might reward traders for inducing others to ship cash to Polivera.
The Bots supplied by Polivera have been securities that have been neither certified nor exempt from the qualification requirement beneath the CSL.
The Division has not issued a allow or different type of qualification authorizing Polivera to promote these securities in California.
Pursuant to Companies Code part 25532, Polivera Restricted and Valeria Carbone are hereby ordered to desist and chorus from the additional supply or sale of securities in California, together with however not restricted to funding contracts generally known as Bots, until and till the qualification necessities of the CSL have been met.
DFPI additionally printed an accompanying Polivera fraud consciousness video on its official YouTube channel.
Polivera was an AI buying and selling bot MLM crypto Ponzi that launched in mid 2024.
The rip-off was fronted by “Valeria Carbone”, performed by an unidentified lady dressed up in a wig and glasses.
That is typical of MLM Ponzi schemes run by jap Europeans (Russia, Ukraine, Belarus).
Polivera collapsed in August 2024. Based mostly on web site visitors evaluation by SimilarWeb, nearly all of Polivera victims are believed to have been from Vietnam, Hungary and the US.