Avlitex has received a securities fraud warning from the Ontario Securities Commission (OSC).

As per
OSC’s May 23rd Avlitex warning
;

Avlitex … is not registered in Ontario to engage in the business of trading in securities.

The OSC cites two Avlitex website domains; “avlitex.global” and “avlitex.com”. Both domains have since been disabled, with Avlitex now operating from “avlitex-global.com” (privately registered on February 21st, 2025).

Avlitex
is a Boris CEO MLM crypto Ponzi fronted by “Raymond Norbury”.

Norbury doesn’t exist and is played by an actor with an eastern-European accent. This ties into Avlitex being your standard Russian/Ukrainian Ponzi scheme fronted by actors.

Avlitex originally adopted a crypto mining Ponzi ruse. It has since shifted to a shitcoin exit-scam model.

In this official video message, Avlitex CEO Raymond Norbury shares the company’s foundational vision, strategic milestones, and the evolution that led to the launch of the AVL Token.

He provides key updates on the ongoing pre-sale phases, outlines the structure and progress of each round, and highlights the upcoming public launch of the token on major global exchanges.

The above cited video was uploaded to Avlitex’s official YouTube channel on June 10th.

It’s assumed at some point Avlitex investor balances will be converted to AVL token, after which Avlitex and the scammers behind it will disappear.

As of May 2025, SimilarWeb tracked just 625 monthly Avlitex website visits. 89% of what’s left of Avlitex website traffic originates from Vietnam, with France making up the remaining 11%.

Ontario issuing an Avlitex fraud warning is likely due to the Ponzi spreading locally through French language investors.

🤖 Quick Answer

What is the Avlitex securities fraud warning from the Ontario Securities Commission?
The Ontario Securities Commission (OSC) issued a securities fraud warning on May 23rd regarding Avlitex, stating the entity is not registered in Ontario to engage in the business of trading in securities. The OSC identified two associated website domains, "avlitex.global" and "avlitex.com," both subsequently disabled.

What happened to Avlitex's website domains after the OSC warning?
Following the OSC warning, both cited domains "avlitex.global" and "avlitex.com" were disabled. Avlitex subsequently migrated operations to a new domain, "avlitex-global.com," which was privately registered on February 21st, 2025, prior to the regulatory advisory being published.

**Who is Raymond Norbury in relation to

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