Fintoch Review: Boris CEO MLM crypto Ponzi targeting Asia

Fintoch operates in the MLM crypto niche and represents itself as “a Silicon Valley company from America”.

Fintoch’s website domain (“fintoch.com”), was privately registered on April 12th, 2022.

Fintoch presents its CEO as “Bobby Joe Lambert”.

Lambert doesn’t exist. He’s played by US actor
Mike Provenzano
.

Provenzano cites himself as a US-based actor, producer and director.

We can rule out Provenzano’s likeness being stolen by way of him appearing in multiple Fintoch marketing videos.

Most of Fintoch’s marketing videos appear to be shot in New York.

Whatever Provenzano is being paid, it’s enough to get him to commit to the role.

Early on Fintoch pitched itself as “Morgan DF Fintoch LLC”.

This tied into the marketing claim that Fintoch was owned by Morgan Stanley.

The of course was bogus, prompting Morgan Stanley’s legal department to
issue an “important notice”
in January 2023.

It has come to our attention that there are digital platforms impersonating Morgan Stanley, including Fintoch 分投趣 (“Fintoch”).

Please note that Fintoch is using Morgan Stanley’s trade name and/or Morgan Stanley’s trademark or a variation thereof without authorization and we do not assume any responsibility for any transactions or results that may arise from the aforesaid platforms.

Morgan Stanley does not have any affiliation or relationship with these platforms.

The notice was issued through Morgan Stanley’s Indonesian branch. This reflects Fintoch being primarily promoted across Asia.

SimilarWeb currently ranks top sources of traffic to Fintoch’s website as Cambodia (43%), China (24%), South Korea (17%), Hong Kong (7%) and Malaysia (6%).

This geo targeting strongly suggests whoever is behind Fintoch is likely based out of Asia. Boris CEO MLM companies however are typically the work of eastern European scammers (Russia/Ukraine).

While it’s impossible to verify without further information, with Fintoch we likely have:

Asians scamming asians;

eastern Europeans scamming Asians; or

eastern Europeans working with Asians to scam Asians.

One strong candidate is Singapore:

Beyond hiring US-based actors to play fictional executives, Fintoch doesn’t appear to have any actual ties to the US.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Fintoch’s Products

Fintoch has no retailable products or services.

Affiliates are only able to market Fintoch affiliate membership itself.

Fintoch’s Compensation Plan

Fintoch affiliates invest $100 or more in tether (USDT). This is done on the promise of a 1% a day ROI.

Note that I’ve also seen 2% and 2.5% advertised, so at some point the ROI rate might have changed. Fintoch hides their investment scheme on their public-facing website.

Fintoch affiliates can either withdraw returns or reinvest for an increased 1.5% daily ROI.

Regardless of which option is chosen, Fintoch investment contracts run for seven days. Aft

🤖 Quick Answer

What is Fintoch and how does it operate?

Who is the CEO of Fintoch according to its marketing?
Fintoch presents "Bobby Joe Lambert" as its CEO. However, this identity is fictitious and portrayed by US actor Mike Provenzano, who appears in multiple company marketing videos shot primarily in New York.

How was Fintoch's fraudulent ownership structure presented?
Initially, Fintoch marketed itself as "Morgan DF Fintoch LLC," falsely claiming association with Morgan Stanley to establish credibility and attract investors to its cryptocurrency MLM scheme.

When was Fintoch's website domain registered?
The

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