BTC / USD
22,686.43
2.24%
(-520.15)
ETH / USD
1,631.32
2.53%
(-42.37)
XRP / USD
0.39
1.85%
(-0.01)
LTC / USD
96.55
4.46%
(-4.51)
EOS / USD
1.07
2.99%
(-0.03)
BCH / USD
130.24
3.5%
(-4.72)
ADA / USD
0.39
2.36%
(-0.01)
XLM / USD
0.09
2.19%
(-0)
NEO / USD
9.24
1.26%
(+0.12)
XEM / USD
0.04
4.67%
(-0)
DASH / USD
62.99
3.74%
(-2.45)
USDT / USD
1.00
0%
(0)
BNB / USD
322.76
2.37%
(-7.84)
QTUM / USD
2.98
0.88%
(+0.03)
XVG / USD
0.00
2.68%
(-0)
ONT / USD
0.23
4.43%
(-0.01)
ZEC / USD
44.28
4.59%
(-2.13)
STEEM / USD
0.22
4.08%
(-0.01)

CashFlow & OneCoin & Micah Theard – Scam Review

0

Daniel Wood, a Swedish resident, is the CashFlow NFT’s public face.

Micah Theard, a career con artist, is the true creator of the Ponzi scheme.Micah Theard’s name, however, does not appear anywhere on the CashFlow NFT website.

Despite the fact that company has opened and began seeking investment, CashFlow NFT’s website remains only a signup form.

The sole public link between Theard and CashFlow NFT is a crypto shill event hosted in Texas in June:

To establish Theard is the founder of CashFlow NFT, we watched an unlisted video on Miracle Cash&More’s YouTube channel:

Micah is my name. CashFlow NFT was founded by me.

Theard appears to have named himself Vice President in addition to creating the firm.

This is consistent with Daniel Wood (right) serving as the company’s public face.

CEO Hakan Törehan runs the crypto wallet startup Miracle Cash & More. CashFlow NFT operates its Ponzi scheme using the wallet services of Miracle Cash & More.

Torehan and Wood both have links to Cyprus, which is a scam-friendly state… for the most part.

Torehan was detained in 2017 in connection with a “illegal gambling ring” and his affiliation with “organized crime.” Torehan was specifically accused with “offering funds for unlawful internet gambling businesses.”

Torehan was released on bond in February 2018 and, from what I understand, devised a scheme to avoid reporting to authorities by using a forged doctor’s certificate.

Torehan vanished in June when that fell through. In September, he turned himself in to authorities.

Torehan claims he was abducted by Osman Aydeniz, who was sought by Interpol and the UK at the time for drug trafficking and theft.

Torehan was upheld by Aydeniz.

He came of his own will and is a family friend. We have no bad blood between us.

I couldn’t figure out what happened after that. Even outside of MLM, Cyprus is a notorious shady country where the law is flouted.

For example, in January 2021, Torehan reappeared as a crypto dude.

Six Turkish Cypriots banded together to establish the “Miracle” coin.

Hakan Törehan, one of the business’s founders, stated that their objective is to construct the bank of the future, and that they are the first and only licensed corporation in Nicosia, Famagusta, and Girne in the TRNC.

Miracle as a cryptocurrency appears to have died, however it did give rise to Miracle Cash & More, which was released in or around December 2021.

Miracle Cash & More’s website has been banned because BehindMLM linked it to CashFlow NFT on August 4th:

I’m not sure what the narrative is. Torehan appears to have progressed from “financing illegal gambling sites” to “financing illegal MLM crypto Ponzi schemes.”

That brings us to Micah Theard, the founder of CashFlow NFT.

Theard worked in the textile sector before being involved in Ponzi schemes.

Flexkom, I believe, was Theard’s first significant MLM fraud (around 2013/2014).

Flexkom’s scam was a pyramid scheme concealed under a merchant network. It was conducted by Turkish con artists.

Following Flexkom’s promotion of the infamous OneCoin Ponzi scam.

Around this time, a user named “micah” appeared on BehindMLM, claiming to have “checked” OneCoin’s non-existent blockchain.

After joining OneCoin, Theard became interested in Circle Society:

David Saffron ran Circle Society, a $100 million crypto Ponzi scam. In June 2022, US officials apprehended Saffron.

It appears like Theard has finally learned that conducting Ponzi schemes is where the money is. As a result, we have CashFlow NFT.

CashFlow NFT was busy flogging $5000 NFT positions to gullible investors in Spain as of June 2022

Following the example of Spain, CashFlow NFT has been attempting to sell similar NFT investment positions to UK residents.

According to a source, Daniel Wood stated last week that “the selling of these NFT’s has really slowed down.”

Leave A Reply

Your email address will not be published.