A man with a troubling history of promoting Ponzi schemes has launched MoneyBox TV, a Malta-based operation that pressures investors to sink between €349 and €8148 into what it claims is an advertising decoder business.
Simone Di Sabato runs the company from Italy, despite MoneyBox TV listing a Malta address as its official base. The operation is owned by Rake Business Ltd, a startup helmed by what the company describes as a "young entrepreneurs team" with backgrounds in sales, advertising, and marketing.
Di Sabato's track record tells a different story. In 2014 and 2015, he cycled through a parade of failed MLM schemes with alarming speed. He joined NutryNet, an Italian wellness MLM that launched and quickly stalled. He invested in VitaDaTrader, a forex scheme. He promoted iFreeX, which was run by Sann Rodrigues—the man behind TelexFree—and openly advertised it as an investment opportunity despite iFreeX being a blatant Ponzi clone. That same year, Di Sabato also backed GoldAdMatrix (a recruitment-driven pyramid scheme), Zona Network (a Ponzi operation ranging from $25 to $3500), One Thor (another TelexFree replica), and Unetenet, which collapsed as a €50 million investment fraud.
Now he's running MoneyBox TV.
The company sells Android decoders that supposedly overlay advertisements onto whatever you're watching or doing on your TV or computer. The device costs €349, bundled with an "affiliate investment position." These decoders aren't available for retail purchase. They only exist as investment vehicles.
Affiliates fork over between €349 and €8148 to join. The company dangles promised monthly returns of investment to lure them in. Once enrolled, affiliates earn commissions by recruiting others into the scheme. For every three recruits at each tier—Road, Square, District, Town, and Capital—they pocket €100 to €400.
This is recruitment-driven income dressed up in decoder language. The money flows upward from new recruits, not from actual product sales or advertising revenue. The structure is identical to schemes Di Sabato promoted before.
In July 2016, MoneyBox TV quietly changed its compensation plan after being contacted about the review. That revision didn't address the fundamental problem: the entire model depends on constant recruitment of new investors, each one depositing thousands of euros into a system designed to enrich those above them.
Di Sabato's involvement alone raises immediate red flags. A man who invested in iFreeX while knowing its history, who jumped from one failing scheme to another, who publicly endorsed frauds—that man now controls an operation asking Europeans to invest thousands.
MoneyBox TV is the latest chapter in a familiar story. The players change. The schemes don't.
🤖 Quick Answer
What is MoneyBox TV and who operates it?MoneyBox TV is a Malta-based operation run by Simone Di Sabato from Italy, owned by Rake Business Ltd. It solicits investments between €349 and €8148, claiming to operate an advertising decoder business. The company is staffed by individuals with backgrounds in sales, advertising, and marketing.
What is Simone Di Sabato's professional history?
Di Sabato has been associated with multiple failed multilevel marketing schemes since 2014. His involvement includes NutryNet, an Italian wellness MLM; VitaDaTrader, a forex scheme; and iFreeX. These ventures demonstrate a pattern of rapid cycling through failed investment operations.
What investment structure does MoneyBox TV employ?
The company requires investors to commit capital ranging from €349 to €8148. These funds are presented as investments in an
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