Poland's Office of Competition and Consumer Protection (UOKiK) slapped iGenius with a 14.66 million PLN penalty, equivalent to $4.08 million USD, for running a pyramid scheme. The UOKiK determined that participants primarily profited from recruiting new members, rather than from actual product sales, a model that violates Polish and European Union law.
Investigations revealed iGenius employed a structure where financial rewards stemmed directly from bringing new people into the system. This contrasts with legitimate multi-level marketing, where earnings are tied to product sales. Such pyramid schemes are outlawed because they depend on a continuous influx of new recruits and their money, a model destined to collapse and leave most participants with significant financial losses.
The company marketed itself with promises of rapid wealth, showing images of luxury and exotic travel to entice potential members. This narrative mirrors typical pyramid scheme tactics, emphasizing recruitment and network building over genuine commerce. The UOKiK’s findings confirm this operational method.
The UOKiK initiated its investigation into iGenius in September 2023, issuing a preliminary warning about pyramid fraud in March 2025. By April 2025, Polish iGenius promoters faced fraud charges. iGenius’s parent company, Investview, acknowledged the UOKiK investigation in filings with the U.S. Securities and Exchange Commission (SEC).
This regulatory action follows a pattern for Investview. The company previously operated Wealth Generators, launched in 2013, which was later rebranded as Kuvera Global around 2017 when it came under investigation by the Commodity Futures Trading Commission (CFTC). In 2018, Investview was fined $150,000 by the CFTC for commodities fraud related to Wealth Generators.
After Kuvera Global’s cryptocurrency schemes failed, Investview relaunched it as iGenius in 2021. The company’s former CEO was arrested on recovery scam fraud charges a few months later. In January 2025, Investview settled SEC charges concerning Apex fraud for $375,000.
In late December, Investview announced plans to rebrand iGenius as "Conectiv." Top promoter Anthony Napolitano indicated that the scheme's investment products would be replaced with diamonds and jewelry. Neither Investview nor iGenius has officially confirmed the Conectiv reboot or publicly addressed Poland's fine.
Beyond Poland, iGenius settled securities fraud allegations in Ontario and Quebec in mid-2025 and received a caution notice from New Zealand in July 2025. Around December 14th, iGenius disclosed a merger with Nvisionu on undisclosed terms, a company formerly associated with David Imonitie, an ex-promoter for IM Mastery Academy. Coincidentally, on December 29th, the UOKiK also announced a separate fine against IM Mastery Academy (iMarketsLive) for fraud.
On January 5th, 2026, Investview filed with the SEC, stating iGenius intends to appeal the UOKiK fine. The company claims it disagrees with the UOKiK’s conclusions and intends to use all available legal remedies. During the appeal process, iGenius plans to continue operating in Poland, making adjustments to demonstrate its operations do not constitute an unlawful pyramid scheme.
On February 9th, 2026, Daily Exposed published a review of "Conectiv," the planned rebranding of iGenius.