Robert Craddock claimed BTG180, formerly Bids That Gives, "has been classified as a Ponzi Scheme" in an email sent December 13th. This message, signed by "Robert H" with the subject "BTG180 Legal Action Taken," appeared to answer BTG180's recent threats of legal action against him. Craddock stated a thorough investigation of the business model and money transfers would proceed over the next 30 to 60 days.

Craddock instructed affiliates to immediately stop signing anyone up under their links. He warned that registering new members, knowing BTG180 is a Ponzi scheme, risks clawback charges and legal action. This constitutes a formal cease and desist. He also advised active BTG180 members and their downlines paying via ACH or credit card to close accounts immediately. Failure to do so could result in clawbacks and chargeback fees.

Reports have been filed and motioned to the North Carolina Attorney General's office, Craddock wrote. He noted that ZeekRewards, a former company with a similar business model, was shut down by the NC AG. Craddock suggested this similarity could lead to full legal action against BTG180. Specific promoters, including Scott Lee, Richard Chea, and Jeramey Barnett, face potential clawback charges due to their heavy promotion of the program. Craddock stated that funds transferred to various bank accounts would be collected. He also expects to recover money obtained from all bid purchases, money orders, cashier's checks, and subscriptions. He reiterated a warning: do not promote BTG180 or Bids That Gives products, services, or affiliate programs, or face charges.

The basis for Craddock's claims remains unclear. He referenced a "complaint" filed with the North Carolina AG, yet acknowledged that action "can be taken." This phrasing contrasts with the certainty in the rest of his update, which implies BTG180 has already been shut down by the NC AG. Craddock's announcement of a "thorough investigation" within 30 to 60 days appears unfounded. US regulators typically maintain silence during investigations. They do not disclose internal workings or timelines until an enforcement action is ready. His statements, particularly "we will collect the monies transferred," raise questions about his authority. There is no public indication Craddock holds any official capacity with the North Carolina Attorney General's office or any regulatory body.