Karatbars International owner Harald Seiz is gearing up to promote what sounds like a new business opportunity.
The marketing carrot being dangled is unpaid commissions and shipment of non-existent gold.
Since KaratBars and its V999 scheme collapsed, prompting
Seiz to have a meltdown
last year, not much has been happening.
Karatbars received two regulatory warnings this year, from
New Zealand
and
the Bahamas
.
The only other update of note was Seiz announcing a
LifeBase shitcoin spinoff
back in June.
Ultimately LifeBase didn’t go anywhere and fizzled out quickly.
That brings us to Seiz’s out of the blue December 4th email. Sent, I believe, to anyone who ever created a Karatbars International account.
Seiz ignores his meltdown and LifeBase and instead claims;
The last 12 months were marked by reorganization and securing your values.
You were able to follow how state authorities and media descended on Karatbars and tried to destroy everything that had been built in a decade.
Rather than just admit Karatbars’ crypto misadventures was a short-lived Ponzi scheme, Seiz blames regulators for, well… regulating.
And of course the media for reporting on it.
What follows is a clear misunderstanding of regulation;
When I realized that neither courts nor “official” institutions could provide protection, and if they did, these procedures would take at least five years, new, unassailable solutions had to be found.
Or y’know, you could just stop running a Ponzi scheme. Neither court or “official institutions” are there to protect Ponzi scammers from regulators.
Next Seiz addresses unpaid commissions and the fictional gold he led Karatbars affiliates to believe they owned.
With the help of a strong team, international contacts and tireless work, we are now able to offer a solution that conclusively resolves not only outstanding gold shipments, but also the issue of outstanding commissions.
Through strong partnerships of regulated companies and worldwide connections, we have direct access to financial and commodity markets.
This will put us back among the top performing companies as early as the New Year.
Um,
what?
How does “partnerships of regulated companies and worldwide connections” reboot a collapsed Ponzi scheme? And generate revenue to pay owed commissions? And address Karatbars’ regulatory issues?
While whatever companies Karatbars may partner with might be regulated, that does nothing for Karatbars’ own regulatory compliance.
Things get even more bizarre as Seiz lays out what happens next.
If you expect Karatbars to deliver gold or have commission requirements, please register on the V999 platform immediately.
Please use only the email address you used at Karatbars.
This will allow us to quickly and easily not only make an inventory determination, but also guarantee that assets will be secured in a timely manner.
Of course, you will also take into account that an audit of your claims must be carried out by an external, in
🤖 Quick Answer
What is Harald Seiz's Karatbars International reboot about?Harald Seiz is promoting a new business opportunity following Karatbars International's collapse. The scheme involves unpaid commissions and shipment of non-existent gold, continuing patterns from the failed V999 scheme that prompted regulatory warnings from New Zealand and the Bahamas.
What happened to Karatbars International?
Karatbars International and its V999 scheme collapsed, leading to regulatory warnings. Seiz subsequently launched LifeBase, a cryptocurrency spinoff announced in June, which failed to gain traction and was discontinued shortly after its launch.
How is Seiz communicating his new plans?
Seiz sent an email on December 4th to individuals who previously created Karatbars International accounts, outlining new business opportunities while omitting references to the company's previous failures and regulatory
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