Frega describes itself as a “financial technology company” whose aim is to provide “financial services for the banked, under banked and unbanked”.

The problem is behind Frega Global’s cliched pitch is your typical cryptocurrency Ponzi scheme.

Frega Global provides no information on their website about who owns or runs the business.

Further research reveals Paddy Delaney (right) crediting himself as owner of Frega Global on LinkedIn.

Delaney’s LinkedIn profile also cites him as owner of RealStew. RealStew was a £25 monthly 2×2 matrix gifting scheme.

As RealStew collapsed, Delaney appears to have launched “RealStew shares”.

That also flopped and so at some point Delaney launched Frega Global.

Like seemingly everyone who’s ever launched an MLM underbelly scheme, Paddy Delaney has reinvented himself through cryptocurrency.

Here’s how Frega Global describe their company on their website:

Fregared Accounts will accumulate distributed funds. A proprietary alogorithm [sic] is applied to determine the distribution of the funds and in all the World’s currencies.

Access to the distributed funds is governed by eMoney regulations with different levels of identity required to be provided based on the level of funds passing through the Account

The initial basic service will be for the Account to take receipt of the distributed funds, and a limited ablity [sic] to make inter account transfers.

Fregared Account holders, with three-months proof of distributed receipts, will be permitted to trade (Sell/Buy) a portion of their Derivied [sic] Value.

The rights to receive these recurring receipts, are traded on the Derivied [sic] Value portal. this will allow a Frega Account holder to raise lump sums of money in exchange for forgoing a portion of their future income.

If that sounds like meaningless marketing jargon, it’s because it is.

At its core, Frega Global sells FregaCrypto tokens to investors on the promise of a daily ROI:

There’s a boatload of smoke and mirrors built around this, but FregaCrypto investment is the core of the business.

Oh and the RealStew gifting component of the business seems alive and well, only now it’s called “The Plan”.

Registration to access any Application, from a growing Library of Applications, will position the registrant to access a share of distributed revenues from 1320 contributing members in up to 1320 countries.

Subscribe to ‘The Plan’ and the registrant doubles the number of contributing Members from 1320 to 2640 numberville tables which will be in 20 countries.

You gift £25 GBP in and that payment qualified you to receive payments from subsequently recruited Frega Global affiliates.

What the “The Plan” gifting payment also does is increase your FregaCrypto token daily ROI rate.

Subscription to The Plan increases the Frega Rating of the Member. An increased Frega Rating increases the derived value of the passive flow.

It also increases the capacity to support P2P loans, and once the Frega Rating is consis

🤖 Quick Answer

What is Frega Global and who operates it?
Frega Global is a financial technology company claiming to provide financial services for banked, underbanked, and unbanked populations. Research identifies Paddy Delaney as the owner, as documented on his LinkedIn profile, though this information is not disclosed on the company's official website.

What is the connection between Frega Global and RealStew?
Paddy Delaney, Frega Global's owner, previously operated RealStew, a £25 monthly 2×2 matrix gifting scheme. Following RealStew's collapse and the failure of subsequent ventures like RealStew Shares, Delaney launched Frega Global as an apparent continuation of previous business models.

What business model does Frega Global employ?
According to analysis, Frega Global operates as a cryptocurrency Ponzi scheme

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