Forcount Ponzi founder Francisley Valdevino Da Silva (aka Francis Silva), has been indicted in the US and arrested in Brazil.

Two top Forcount Ponzi promoters in the US have also been indicted.

Forcount
was a late 2017 MLM crypto Ponzi,
launched as a reboot
of the collapsed Cointherum Ponzi scheme.

Forcount investors invested litecoin and ethereum on the promise of a 0.01% to 3% daily ROI.

The ruse behind Forcount’s daily ROI was cryptocurrency mining and trading.

As
alleged by the DOJ
and confirming BehindMLM’s 2018 ForCount review;

Forcount was a Ponzi or pyramid scheme. Forcount did not trade or mine cryptocurrency.

Instead, the defendants used Victim funds to pay other victims, to further promoter the Forcount Scheme to pay other victims, and to make personal expenditures.

Although some victims received small payouts from Forcount, most Victims lost their entire investments, which were frequently in the thousands of even tens of thousands of dollars.

BehindMLM understands that US authorities began investigating Forcount following complaints filed by victims in Florida.

Forcount founder Francis Silva (right), referred to himself as the “Cryptocurrency Sheik” and “boss of the pyramid scammers”.

Like every MLM Ponzi scheme, Silva and top promoters Juan Tacuri and Antonia Hernandez received the majority of invested funds.

Silva and Tacuri withdrew tens of thousands of dollars in cash collected from victims and spent victim’s funds on apparent promotional expenses for Forcount, such as event venues and travel; apparent personal expenses, such as real estate and luxury goods; and/or other expenses inconsistent with the operation of a legitimate cryptocurrency trading and mining business.

Funds invested into Forcount were laundered through bank accounts set up through shell companies. These include International Club LLC, Malaga E-Commerce LLC and JT Florida Cleaners LLC – all set up in Florida.

To throw off potential regulatory red flags, investors were told to mark their investments as cell phone and software purchases.

Tacuri (right) misappropriated at least $181,000 of Forcount investor funds through JT Florida Cleaners.

Tacuri spent the money on real-estate and luxury goods.

Forcount began to collapse in mid 2019. This prompted a shitcoin exit-scam.

Forcount investors were told MindexCoin

would eventually reach a value of approximately $1 or more once it became accepted as a means of payment for goods and services.

In reality, Mindexcoin were essentially worthless and certain Forcount promoters were arbitraging Mindexcoin by buying it for significantly less on external exchanges and then reselling it at a large mark-up to victims.

BehindMLM noted MindexCoin in our
Weltsys review
. Weltsys was a third Ponzi scheme attributed to Francis Silva, this time set up through a Hong Kong shell company.

By January 2020 things were getting desperate. At one Forcount/Weltsys promo event held in Chicago, an investor

stood up and

🤖 Quick Answer

Who is Francisley Valdevino Da Silva and what are the charges against him?
Francisley Valdevino Da Silva, also known as Francis Silva, is the founder of Forcount, a cryptocurrency Ponzi scheme launched in late 2017. He has been indicted in the United States and arrested in Brazil for wire fraud related to operating the illegal scheme.

What was Forcount and how did it operate?
Forcount was a 2017 MLM cryptocurrency Ponzi scheme that promised investors daily returns of 0.01% to 3% on litecoin and ethereum investments. Allegedly claiming to conduct cryptocurrency mining and trading, it actually redistributed victim funds among participants while enriching operators and promoters.

Who else was indicted in connection with Forcount?
Two top Forcount promoters in the United States were also indicted alongside founder Franci

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