ITP Corp’s iPhone Ponzi app has been removed from Apple’s Store.

The removal follows
Google also removing ITP Pro’s Ponzi app
in September.

As they did back then, ITP Corp is trying to cover up the removal under the guise of maintenance.

In order to better meet the needs of ITP business development, we hereby upgrade and modernize the IOS system terminal, which we solemnly notify all IOS system terminal users.

This is of course baloney. When apps are updated the updating process is seamless for the end user. There is no downtime.

With the Google Play Store removal ITP Corp engaged in a cat and mouse routine. ITP Corp would reupload the app under new bogus details, only to have Google remove it again.

After this happened four or five times, ITP Corp resorted to offering its app to Android users through sideloading.

This bypasses a devices security settings and, with respect to loading apps from Ponzi scammers, is highly dangerous for obvious reasons.

For Apple ITP Corp isn’t bothering with the cat and mouse reuploading, they’ve moved straight to offering the Ponzi app direct to Apple users.

ITP Corp
is a Ponzi scheme run by Chinese scammers. Promotion wise ITP Corp began primarily targeting immigrant communities in the UK.

One of ITP Corp’s ringleaders in the UK is Mack Subedar (aka Fakih Mahmood Subedar).

Prior to stealing money through MLM Ponzi schemes, Subedar was a toilet paper salesman:

As per the flyer above, Subedar is running an ITP Pro Ponzi marketing event in the UK on November 19th. The event is being hosted by Athena in Leicester.

On its website Athena cites itself as “the Midlands’ most unique venue, and the perfect setting for the perfect event.” Whether Athena is aware it’s set to host a Ponzi marketing event later this week is unclear.

From the UK ITP Corp promotion has spread to in the US, India, Canada, Netherlands and Germany.

Other than some ISPs in the UK preemptively
blocking ITP Corp’s original website domain
, authorities have yet to take action.

Why the FCA hasn’t yet issued an ITP Corp securities fraud warning is unclear. As of October 8th, 2023, MLM cryptocurrency investment schemes are
outright illegal in the UK
.

Update 25th November 2023 – 
ITP Corp has
collapsed
.

🤖 Quick Answer

What happened to ITP Corp's Ponzi app on Apple's App Store?
ITP Corp's iPhone application was removed from Apple's App Store. The company attributed the removal to system upgrades and modernization of iOS terminals, though analysts questioned this explanation since app updates typically occur seamlessly without service interruptions for users.

How did ITP Corp respond to previous app removals?
Following Google Play Store's removal of the app in September, ITP Corp employed a pattern of resubmitting the application under modified fraudulent details. After multiple removal cycles, the company eventually resorted to alternative distribution methods to circumvent official app store restrictions.

🔗 Related Articles

- Entry of Default recorded against Forsage scammers
- Google secures default judgment against OTCAI app scammers
- AMF secures InovoCB securities fraud order in Canada
- Pedro Fort defaults in SEC’s Fort Ad Pays fraud case
- Quantex securities fraud warning from QC, Canada