Jeremy Roma’s Daisy Ponzi scheme has collapsed again, with owner Roma announcing in a December 11th marketing video that the operation is ditching its partner EndoTech. A February 2024 reboot was also announced.
Since its 2020 launch as Daisy AI, Daisy has used EndoTech to mask its trading activities. EndoTech is run by Anna Becker and Dmitry Goohchin. The company was initially presented as operating from Israel, but its website now provides no contact details. Reports suggest EndoTech’s money laundering operations are based in Dubai.
EndoTech is also behind iGenius, an MLM forex investment scheme associated with Investview. The U.S. Securities and Exchange Commission (SEC) has been investigating iGenius since January 2022. Daisy has undergone multiple collapses and reboots since 2020, cycling between forex and crypto trading under the EndoTech umbrella. The most recent reboot was announced in July. As with prior collapses, investors’ positions remain open but returns are expected to vanish.
Details for Daisy's fourth reboot are still being finalized, with Roma planning to unveil it at a Dubai marketing event in February. Roma, a U.S. national, spends most of his time in Dubai. He claims over $500 million in tether (USDT) has been invested in Daisy, classifying it as a moderately sized MLM Ponzi scheme. Roma anticipates the February 2024 reboot will be "even bigger and more disruptive," projecting $1 to $2 billion in investments within its first six months.
As of November 2023, the daisy.global website received approximately 200,000 visits, with significant traffic originating from Ukraine (17%) and Russia (17%). Hungary accounted for 12%, followed by Canada and the Netherlands at 7% each. The British Columbia Securities Commission issued a securities fraud warning for Daisy last month. Given Daisy’s primary European target audience, it remains uncertain if U.S. regulators will pursue action.
An update on February 23rd, 2024, revealed Daisy’s latest reboot involves Blockchain Sports, a cryptocurrency scheme that previously collapsed.