BG Wealth Sharing has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC).
ASIC
added BG Wealth Sharing to its Investor Alert List
on November 28th, 2025.
[BG Wealth Sharing] may be offering or advertising, or may have offered or advertised, financial services to Australian consumers.
It does not hold an Australian financial services licence or Australian credit licence from ASIC, and is not authorised by a licensee.
ASIC cites the domain “tradewithnick.com”, recently (re?) registered on December 11th, 2025. The domain is/was owned by Nick Ross.
It’s unclear whether Ross re-registered the domain in December. What is clear is “tradewithnick.com” has since been disabled.
BG Wealth Sharing
is an MLM “click a button” app Ponzi run by Chinese scammers. BehindMLM has
documented hundreds of the scams
since they first emerged back in 2021.
BG Wealth Sharing also goes by DSJ Exchange (DSJEX), a fake trading platform attached to the scam.
In November 2025 BehindMLM noted BG Wealth Sharing’s two known website domains had been disabled. DSJ Exchange’s two known website domains have also been disabled.
Both BG Wealth Sharing and DSJ Exchange are suspected of operating from mulitple additional domains. It’s likely these domains are still active.
In addition to Australia,
Alberta
,
the UK
and
Tonga
have also issued BG Wealth Sharing fraud warnings.
🤖 Quick Answer
What is the BG Wealth Sharing securities fraud warning from Australia?The Australian Securities and Investments Commission (ASIC) added BG Wealth Sharing to its Investor Alert List on November 28th, 2025. ASIC determined the entity may have offered financial services to Australian consumers without holding an Australian financial services licence, Australian credit licence, or authorisation from a licensed entity.
Why was BG Wealth Sharing flagged by ASIC?
BG Wealth Sharing was flagged because it reportedly offered or advertised financial services to Australian consumers without the required regulatory authorisation. ASIC identified the associated domain "tradewithnick.com," registered to Nick Ross, which was subsequently disabled. The entity operates without any recognised Australian financial services or credit licence.
What domain is associated with BG Wealth Sharing?
ASIC cited the domain "tradewithn
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