Serial MLM crypto Ponzi scammer Jeremie Sowerby has been indicted for a third time.

On December 12th, Sowerby was indicted on charges related to Dunamis Global Technologies.

Dunamis Global Tech began as
Dunamis Mining
in 2019. By the end of the year Dunamis Mining had been rebranded as Dunamis Global Tech.

Dunamis Global Tech
collapsed
in December 2019. Like all of Sowerby’s scams, Dunamis Mining and Dunamis Global Tech were MLM crypto mining themed Ponzi schemes.

Sowerby’s Dunamis indictment frames Dunamis as a recovery Ponzi for victims of his previous Ponzi schemes.

Dunamis was devised by Sowerby to address a large pool of aggrieved victims from the last phase of his earlier but separate cryptocurrency Ponzi schemes involving Now Mining, Millennium Technologies, and VIP Mining.

Sowerby (right) was
indicted on Now Mining, VIP Mining and Millennium Technologies fraud charges
in September. He was
indicted again on Softek and Justice Capital fraud charges
last month.

Many of the victims from VIP Mining were scammed again into thinking that Sowerby could recoup their losses from VIP Mining through an entirely different company (Dunamis), with yet another deceitful scheme to defraud.

At this juncture, Sowerby was the sole mastermind of Dunamis and had a cadre of conspiratorial underlings being compensated exorbitantly for doing and following Sowerby’s deceitful instructions and behests.

One of Sowerby’s “conspiratorial underlings” was Joe Abel, presented as founder of Dunamis Global Tech.

Abel would go on to be
separately indicted
for his role in the BitClub Network Ponzi scheme in 2020.

Not surprisingly, BitClub Network was also an MLM crypto mining themed Ponzi scheme.

Coming in at $722 million in consumer losses though, BitClub Network far surpassed any of Sowerby’s scams.

Abel
pled guilty to BitClub Network fraud charges
in September 2020. He is
scheduled to be sentenced
in March 2024.

To dupe old and new victims to invest in Dunamis, Sowerby preyed upon many of his victims as if he was some “Biblical” or “scriptural” Noah, building a financial lifeboat, or Ark, in his words, to help victims recover their recent investment losses in Sowerby’s earlier schemes.

Sowerby used these deceptive and enticing religious pitches to inveigle vulnerable victims to risk even more to recover their previous losses.

Instead of paying investors crypto mining profits as advertised, Sowerby

continued to move funds into private bank accounts he controlled himself or through others, and used the defrauded funds to maintain his lavish lifestyle.

All in all through Dunamis Mining and Dunamis Global Tech, Sowerby scammed “approximately 150 victims” out of “several million in losses”.

Victim-investors never truly generated or received any profits from this fraudulent scheme, and victims were never given any meaningful access to liquidate any professed earnings or their original “investment”.

Sowerby’s Dunamis indictment contains thirty-s

🤖 Quick Answer

Who is Jeremie Sowerby and why was he indicted in December?
Jeremie Sowerby, a serial cryptocurrency Ponzi scheme operator, was indicted for the third time on December 12th in connection with Dunamis Global Technologies. The scheme, initially launched as Dunamis Mining in 2019, collapsed the same year, operating as an MLM-structured cryptocurrency mining Ponzi scheme targeting victims from his previous fraudulent operations.

What was the relationship between Dunamis Mining and Dunamis Global Tech?
Dunamis Mining was rebranded as Dunamis Global Technologies by the end of 2019. Both entities operated under identical fraudulent structures as multilevel marketing cryptocurrency mining schemes. The entire operation collapsed in December 2019 after functioning for approximately one year under both corporate names.

**How did Dunamis relate to S

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