Appi Travels has received a pyramid scheme warning from the Bank of Russia.

Following an internal investigation, the Bank of Russia states it has “established” Appi Travels exhibits “signs of a pyramid scheme”.

The Bank of Russia’s
Appi Travels fraud notice
was published on October 22nd.

Appi Travels is run by Canadian resident Danny Gauthier.

BehindMLM has reviewed Appi Travels three times since 2016.

The
first iteration of Appi Travels
was that of a pyramid scheme. The
second iteration
was a bitcoin gifting scheme.

The last version we looked at in 2019 saw
Appi Travels relaunched
as a full-blown pyramid Ponzi hybrid.

The percentage of Russians participating in Appi Travels is unknown.

Update 2nd July 2022 – 
Appi Travels has
collapsed
. As of June 30th, Danny Gauthier has pulled the company’s website offline.

🤖 Quick Answer

What is Appi Travels and why was it flagged by Russian authorities?
Appi Travels is a travel-related scheme operated by Canadian resident Danny Gauthier that received a pyramid scheme warning from the Bank of Russia in October 2022. The central bank's investigation established that the company exhibited characteristic signs of pyramid scheme operations, leading to its official fraud notice publication.

How has Appi Travels evolved since its inception?
Appi Travels underwent multiple iterations between 2016 and 2019. Initially structured as a pyramid scheme, it subsequently transformed into a bitcoin gifting scheme before being relaunched as a hybrid pyramid-Ponzi model in 2019, combining characteristics of both fraudulent structures.

What happened to Appi Travels following the regulatory warning?
Following the Bank of Russia's pyramid scheme warning issued in October 2022, Appi Travels subsequently collapsed by

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