GetEasy took off in the wake of the
regulatory shut down of TelexFree
.

Seeking to scoop up disenfranchised investors who lost funds in
the billion dollar Ponzi scheme
, GetEasy successfully attracted a significant number of investors from Portugal, Spain and to a lesser extent, South America and greater Europe.

Following a few months of growth, as is typical in Ponzi schemes in their initial traction phase, things began to fall apart in GetEasy after it was announced
police in Portugal were investigating the company
.

The investigation was announced in October last year, with ROI payments grinding to a halt after the
Bank of Portugal issued a warning
the following month.

As I understand it, GetEasy was primarily laundering stolen investor funds through Portuguese banking channels. Following the Bank of Portugal’s warning, GetEasy was left unable to secure legitimate banking channels to continue to pay off its investors.

That left GetEasy in limbo for a few months, with an announcement towards the end of last year
revealing the company’s plans to operate their own bank
.

Details on the specifics of this plan are sketchy at best, with one claim made by GetEasy already
debunked by a regulator in Luxembourg
.

What we do know however is that these new plans are to be implemented under the brand iGetMania, with GetEasy hoping to elude regulatory suspicion under a new name (because it’s apparently that easy to cover your tracks…).

Initially GetEasy announced their bank would be live in the first week or so of January, but
that deadline came and went
. We’re still following that story but in the meantime the iGetMania compensation plan has been released.

So today we take a look at GetEasy 2.0. Is it still a global Ponzi scheme offering ridiculous returns, or is there something to GetEasy’s investment bank plans?

Read on for a full review of the iGetMania MLM business opportunity.

The iGetMania Product Line

Whereas GetEasy sought to marry their Ponzi scheme to non-existent GPS tracker devices rented out to non-existent retail customers, music services and their own “GetCoin” virtual currency (see
BehindMLM’s GetEasy review
), iGetMania continues the fraud with claims of investment in “technology projects”, “health area” and “geo-locators and LED lamps”.

Despite GetEasy’s GPS tracker smoke and mirrors proven to be a fraud when the supplier company, whose name they borrowed, issued a statement saying they had nothing to do with GetEasy, iGetMania have adopted a similar approach.

The ruse this time around is that iGetMania are marketing products relating to health, technology and geo-locators (GPS trackers again) and LED lamps to retail customers.

As with GetEasy, one would imagine with a bit of digging it would be easy enough to debunk these claims. As with GetEasy, the customers purportedly purchasing iGetMania’s offerings simply don’t exist.

The iGetMania Compensation Plan

As with GetEasy, iGetMania sees affiliate invest funds w


🤖 Quick Answer

What was GetEasy and how did it emerge in the cryptocurrency market?
GetEasy was a Ponzi scheme that emerged following the regulatory shutdown of TelexFree. It capitalized on disenfranchised investors who had lost funds in the billion-dollar Ponzi scheme, successfully attracting significant numbers of investors from Portugal, Spain, South America, and greater Europe during its initial growth phase.

What led to GetEasy's collapse?
GetEasy's decline began after Portuguese police announced an investigation into the company in October. ROI payments halted following a warning issued by the Bank of Portugal in November. The scheme was allegedly laundering stolen investor funds through Portuguese banking channels before its regulatory shutdown.


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