FutureNet Ponzi co-founder Stephan Morgenstern has opened up a luxury car garage in Dubai.
Simply dubbed “The Space”, Morgenstern’s new business is billed as
the world’s first exclusive, inventive, and one-of-a-kind space for top-of-the-line luxury automobiles.
The Space is available for rent to host
business events, fundraisers, dinner galas, fashion shows, grand openings, conferences, and private parties.
The Space represents “the investors’ outstanding hard-won accomplishment in reaching the top”.
So the marketing goes…
Many athletes and VIPs will call THE SPACE sports-centre home.
The Space is also “where dreams come true”.
Unfortunately those dreams are built on millions in Ponzi victim losses.
Morgenstern launched FutureNet in 2014 with Roman Ziemian.
FutureNet’s original model
was a simple six-tier cycler Ponzi.
In 2016 FutureNet added
FutureAdPro
, a revshare Ponzi.
Cryptocurrency fraud
followed in 2017.
By late 2018 FutureNet was
in decline
. Over the next year or so it collapsed and today no longer exists.
How much Morgenstern and Ziemian stole from FutureNet victims is unclear.
In June 2020 authorities in South Korea
launched an investigation
after receiving complaints from 950 FutureNet investors.
Authorities alleged FutureNet victims in South Korea collectively lost $16.1 million. South Korea was just one of the countries FutureNet was promoted in.
Polish authorities announced a
criminal investigation into FutureNet
in early 2019. This evidently prompted Morgenstern to flee Poland for Dubai.
Dubai is the
MLM scam capital of the world
. The emirate offers scammers like Morgenstern a safe-haven, due to limited extradition treaties and non-regulation of MLM related securities fraud.
Morgenstern popping up prompted me to go looking for an update on Ziemian.
He appears to be spending his FutureNet money on a mid-life crisis Ferrari fantasy:
Ziemian is also believed to have fled to Dubai.
🤖 Quick Answer
Who is Stephan Morgenstern and what is his connection to FutureNet?Stephan Morgenstern is a co-founder of FutureNet, a Ponzi scheme launched in 2014 alongside Roman Ziemian. The scheme defrauded millions of investors before collapsing, resulting in substantial financial losses for victims worldwide.
What business has Morgenstern established in Dubai?
Morgenstern opened a luxury car garage in Dubai called "The Space." The facility operates as an exclusive venue for hosting business events, fundraisers, galas, fashion shows, conferences, and private parties featuring high-end automobiles.
How does Morgenstern market The Space facility?
Marketing materials present The Space as the world's first exclusive space for luxury automobiles, symbolizing investors' accomplishments and success. The venue attracts athletes and VIPs, positioning itself
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