Golden Grove fails to provide ownership or executive information on its website.

Golden Grove’s website domain (“goldengrove.world”), was privately registered on July 22nd, 2024.

A visit to Golden Grove’s official YouTube channel reveals multiple videos featuring “Golden Way” in the title:

Backdated blog posts on Golden Grove’s website also feature Golden Way:

Golden Way
was an Eastern European Boris CEO Ponzi scheme. fronted by “Olesya Galusha”.

Following a
pyramid fraud warning from the Central Bank of Russia
in late 2022, Golden Way
collapsed
in January 2023.

It should be noted that despite it collapsing, the scammers behind Golden Way have kept the company’s website up.

Now, a year and a half later, it appears the same scammers behind Golden Way have launched Golden Grove.

Read on for a full review of Golden Grove’s MLM opportunity.

Golden Grove’s Products

Golden Grove has no retailable products or services.

Affiliates are only able to market Golden Grove affiliate membership itself.

Golden Grove’s Compensation Plan

Golden Grove affiliate purchase positions in a multi-tier €50 to €10,000 EUR matrix cycler.

Golden Grove’s cycler utilizes 2×2 matrices.

A 2×2 matrix places an affiliate at the top of a matrix with two positions directly under them:

These two positions form the first level of the matrix. The second level of the matrix is generated by splitting these first two positions into another two positions each (4 positions).

Positions in each matrix are filled via cycler position purchases by directly and indirectly recruited Golden Grove affiliates.

Filling all six positions in the matrix pays an advertised 300% ROI:

Once all six positions in a matrix are filled, a new position purchase is required to continue earning.

Note that while they disclose the range of tiers in their cycler (€50 to €10,000 EUR), only some specific tier amounts have been disclosed:

€50 EUR

€500 EUR

€1000 EUR

€2500 EUR

€5000 EUR

€10,000 EUR

Joining Golden Grove

Golden Grove affiliate membership is free.

Full participation in the attached income opportunity requires a minimum €50 EUR cycler position purchase.

Golden Grove Conclusion

Golden Grove is a stripped down continuation of the fraud started with Golden Way.

Golden Way’s investment scheme with a fleshed out MLM compensation plan attached is gone. In its place is a simple cycler Ponzi.

Golden Grove affiliates invest into cycler tiers. They then proceed to steal subsequent investment till their 2×2 matrix is full.

In an attempt to present a simple 2×2 matrix cycler as something new, Golden Grove is calling its cycler investment scheme a “monogate”.

Other than affiliates being able to manually join pre-existing matrices not yet filled, Golden Grove’s cycler operates like any other cycler.

As with all MLM Ponzi schemes, once Golden Grove affiliate recruitment dries up so too will new investment.

Being a cycler Ponzi, this will see Golden Grove’s matrices begin to stall.

On

🤖 Quick Answer

What is Golden Grove and how is it connected to Golden Way?
Golden Grove is an investment platform operating through the domain goldengrove.world, privately registered on July 22, 2024. Evidence from its YouTube channel and backdated blog posts references "Golden Way," an Eastern European Ponzi scheme fronted by Olesya Galusha that collapsed in January 2023 following a pyramid fraud warning from the Central Bank of Russia.

Who operates Golden Grove?
Golden Grove does not disclose ownership or executive information on its website. Investigative findings indicate it is linked to the same operators behind Golden Way, a previously collapsed Ponzi scheme associated with a figure identified as Olesya Galusha and connected to Eastern European fraud networks.

What was Golden Way and why did it collapse?
Golden Way was an Eastern European Boris CEO Ponzi scheme fronted by Olesya Ga

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