The scammers behind Beurax likely feel theyve created enough distance between investors and their funds, so why keep the withdrawal carrot dangling?
Beurax collapsed on March 2nd, a week ago to the day. To dissuade investors from filing complaints with authorities, Beurax framed their collapse as a reconfiguration.
Some top earners pushed this narrative onto their victims, but for the most part anyone with half a brain knew their money was gone.
Unfortunately for Beuraxs victims, which math guarantees is the majority of investors, all signs point to the company being run by Russian scammers.
This means that even if complaints are filed with local authorities, any attempts at an investigation will likely end at Russias border.
So long as scammers dont target local residents, Russian authorities are notorious for turning a blind eye to MLM fraud. Non-cooperation with foreign governments goes without saying.
Looking forward, be wary of reload scams promising you a shot at recuperating losses.
These can take the form of third-parties or Beuraxs website returning on the same or a different domain.
Unscrupulous Beurax promoters might also try to herd you into similar Ponzi schemes. The outcome of which will inevitably be the same.
Pending the off-chance we get any updates on the regulatory front, BehindMLMs coverage of Beuraxs collapse is now likely concluded.