Meta Drive has obtained a fraud warning from the Central Financial institution of Russia.

As per the CBR’s August fifth warning, Meta Drive reveals “indicators of a monetary pyramid”.

Meta Drive is the sixth reboot of Vladimir “Lado” Okhotnikov’s Forsage Ponzi scheme.

On August 1st the SEC filed go well with towards Okhotnikov (proper) and ten insiders and promoters.

The SEC alleges Forsage Ponzis had defrauded customers out of $300 million. Two US based mostly promoters have already settled wire and securities fraud prices alleged towards them.

SimilarWeb presently ranks Russia as the highest supply of site visitors to Meta Drive’s web site (27%). The US (23%) and Kazakhstan (17%) path behind.

Forsage recruitment in Russia is believed to happen beneath the course of Sergey Maslakov, a Russian nationwide dwelling in Moscow.

Okhotnikov is predicated out of Tbilisi, Georgia. Georgian authorities have proven no real interest in regulating Meta Drive or holding Okhotnikov accountable.

Thus far Okhotnikov has not addressed the SEC’s Forsage fraud lawsuit.