A company hawking AI tools through a multilevel marketing scheme shares leadership with a known OneCoin promoter, newly uncovered records show.
Momentum Tech operates an MLM focused on what's known as "AI slop"—low-quality artificial intelligence content. The company lists a Wyoming address tied to a shell corporation. Co-founders Ed Garza (CTO) and James Penny (CEO) run the operation, flanked by executives with titles like "The Networking Diva" and "Chief Breakthrough Officer."
James Penny has an MLM track record. Before Momentum Tech, he pushed The Great Discovery, a $40-per-month "courses" scheme that functioned as a pyramid operation. That venture featured Stan Harris, a name that should raise immediate red flags.
Harris was a top investor in OneCoin, the cryptocurrency Ponzi scheme that defrauded hundreds of thousands of people worldwide. A 2019 civil class-action lawsuit named Harris among OneCoin's biggest backers. After that scheme collapsed, Harris pivoted to other MLMs: Kingdom Wealth Alliance, MyDHLife, and FreeMart. Each time, the formula remained the same—recruit people, extract money, disappear.
The connection between Penny and Harris suggests Momentum Tech follows a familiar playbook.
Momentum Tech operates through two websites registered within weeks of each other in late 2025: momentumtech.info (September 20) and momentumtechai.com (October 11). Both use private registration to obscure their operators.
Digging into the source code of momentumtechai.com reveals references to CodeMojo, an "AI slop factory." Garza and Penny co-founded CodeMojo too. The company claims to be "built in Franklin, Tennessee," a falsehood. Facebook profiles for both men show they're based in Texas. Momentum Tech and CodeMojo operate from the same location.
Momentum Tech has no actual products. Members pay $39 monthly for access to over 40 CodeMojo AI tools—nothing more. The entire business model depends on recruiting new members, not selling anything of value to the public.
The compensation structure confirms this. Momentum Tech pays commissions based on recruiter activity. New members drop $39 per month. The company establishes six "promoter ranks," but advancement hinges entirely on recruitment and maintaining subscriptions, not product sales. This is the textbook definition of a pyramid scheme dressed up in tech language.
The red flags stack up fast. A co-founder with direct ties to OneCoin. No retail products. Compensation tied exclusively to recruitment. Private domain registration. False location claims. A shell corporation address.
Momentum Tech is betting that flashy AI buzzwords will obscure what's underneath: a classic con targeting people hoping to build a side income. The presence of Stan Harris should make that crystal clear. He's done this before, and he's doing it again.
🤖 Quick Answer
What is Momentum Tech and how does it operate?Momentum Tech is a multi-level marketing company that distributes artificial intelligence tools commonly classified as "AI slop," meaning low-quality AI-generated content. The company is registered at a Wyoming address linked to a shell corporation and is led by co-founders Ed Garza, serving as CTO, and James Penny, serving as CEO.
Who are the key executives associated with Momentum Tech?
Momentum Tech's leadership includes CEO James Penny and CTO Ed Garza. Additional executives hold unconventional titles such as "The Networking Diva" and "Chief Breakthrough Officer." Penny previously operated The Great Discovery, a subscription-based MLM scheme charging forty dollars per month for online courses that functioned as a pyramid operation.
What is the connection between Momentum Tech and OneCoin?
Momentum Tech's ties to OneCoin
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