When we last checked in on serial Ponzi scammer Jhony Depresseux a few years ago, things weren’t going so well.

A reader advises Depresseux is still scamming victims, but these days he’s mostly doing it “in secret”.

Before we get into that, a quick recap if you’re not familiar with Depressseux’s scamming.

Depresseux (right), a Belgian national, is behind the GTI-Net Ponzi scheme.

Following a
regulatory fraud warning from Belgium
in 2017, Depresseux took the Financial Services and Markets Authority (FSMA) to court.

Despresseux got steamrolled and GTI-Net went on to collapse in February 2019.

Shortly after Depresseux fled to Dubai and, from the
MLM crime capital of the world
, announced a
Global Technology Innovation reboot
in April 2019.

Global Technology Innovation saw Depresseux get into cryptocurrency fraud. The first Global Technology Innovation Ponzi was the old “crypto mining” ruse.

That didn’t last long, and between 2020 and 2021  Depresseux went on to launch a number of shit token Ponzis. None of them lasted too long.

Although it went into steep decline towards the end of 2020, Global Technology Innovation didn’t officially collapse until April 2021.

Depresseux immediately
announced a “reset”
(reboot) but, as far as we know, that didn’t go anywhere.

Today Depresseux continues to defraud consumers with Global Technology & Innovation.

Global Technology & Innovation operates from the domain “gti.ae”, registered by “Sven Lefeber” of “Artemis Marketing Management LLC” on an unknown date.

Up until September 2023 Depresseux was running Global Tree, a Global Technology & Innovation spinoff Ponzi scheme.

Global Tree Investors were pitched on 2% a week for 100 weeks.

Naturally Global Tree collapsed well before the 100 week maturity period.

Inside Global Tree you also had Global Cars.

GET CARS WITH CRYPTO

Enter the world of endless opportunities of Global Cars with our GCT Token.

Global Cars’ website is still up at “globalcars.com”, but as I understand it the scam has collasped.

After Global Tree and Global Car collapsed, Depresseux told

victims to re-invest the same amount, in order to receive back the whole in 100 new weeks.

That was 15 months ago, with our reader claiming to have not yet received a cent back.

They will have kept my money during 4.5 years without giving a profit. It is hard to believe they will ever give it back.

Another Global Technology and Innovation Ponzi spinoff is EasyCash999.

EasyCash999 operates from the domain “easycash999.com”, privately registered on September 7th, 2022.

It’s another cryptocurrency Ponzi scheme, marking the umpteenth launch in this niche for Depresseux.

Easycash999 is a revolutionary and decentralized stable coin platform.

Leveraging the strong network of Tron Blockchain, with Easycash999, you can send, receive and store your crypto assets for free!

Behind the generic marketing pitch above, EasyCash999 investors are pitched on 2% a week.

Despite EasyCash999 having no

🤖 Quick Answer

Who is Jhony Depresseux and what are his primary schemes?
Jhony Depresseux is a Belgian national known for operating multiple Ponzi schemes, most notably GTI-Net. After facing regulatory action from Belgium's FSMA in 2017, GTI-Net collapsed in February 2019. Subsequently, Depresseux relocated to Dubai and launched Global Technology Innovation, continuing fraudulent investment operations under different names.

What regulatory actions were taken against GTI-Net?
Belgium's Financial Services and Markets Authority (FSMA) issued a fraud warning against GTI-Net in 2017. Depresseux challenged this regulatory action in court but was unsuccessful. Following his legal defeat, GTI-Net ceased operations and formally collapsed in February 2019, prompting Depresseux's relocation.

Where did Depresseux relocate and what did he establish afterward?

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