The Ponzi scheme run by Danny Gauthier known as Appi Travels has failed. Gauthier, the proprietor of Appi Travels, eliminated the web site on or round June 30.
The area of the web site for Appi Travels presently factors to a “web site closed” picture:
In 2016, Appi Travels, a Canadian citizen and resident, began Appi Travels as a pyramid scheme with a journey theme. Appi Travels was revived in 2018 as a bitcoin giving scheme.
Moreover, by 2019, Gauthier (proper) had remodeled Appi Travels right into a full-fledged cryptocurrency Ponzi scheme.
Scammers from Russia have been drawn to this third Appi Travels model. Regardless of not understanding Russian, this brought about Gauthier to drastically change the course of Appi Travels’ advertising.
Gauthier even went as far as to create a profile for Appi Travels on vKontakte.
Native legislation enforcement businesses finally turned conscious of Gauthier’s Appi Travels Ponzi fraud because it prolonged all through Russia.
The Russian Central Financial institution issued a fraud alert for Appi Travels in October 2021. Even so, till Gauthier’s “web site closed” exit-scammed a couple of days in the past, the recruitment of latest, primarily Russian, victims continued.
Previous to its demise, SimilarWeb recognized Russia (53 p.c), the Democratic Republic of the Congo (24 p.c), France (15 p.c), and america as the highest 4 international locations sending visitors to Appi Travels’ web site.
The Canadian authorities haven’t but expressed a want to look into Gauthier or Appi Travels. Unknown are the entire investor numbers and monetary losses for Appi Travels.