David Imonitie's cryptocurrency scheme just collapsed, and he's already landed on his feet—this time pitching investors on an even riskier bet.
Imonitie, who built Nvisionu as a carbon copy of the FTC's $1.2 billion fraud case against IM Mastery Academy, has jumped ship to iGenius. The move happened fast. A social media post welcomed him to the company just hours ago, and sources say he was already working with iGenius promoter Anthony Napolitano last week to recruit Nvisionu's distributor base.
Nvisionu launched in 2022 and followed the IM Mastery Academy playbook almost exactly. By August, Imonitie had added supplements and travel to the mix to keep things fresh. Now it's dead. No public explanation. No announcement. Just a recruitment pivot to his next venture.
Nobody's saying how much Imonitie pocketed for delivering Nvisionu's promoters to iGenius, or if he was paid at all. That information remains buried.
Here's where it gets darker. iGenius is owned by SEC-registered Investview. The company is currently selling U.S. residents on Cforce, an automated cryptocurrency trading scheme it runs with 3Commas and Blue Square Wealth. Investview hasn't disclosed Cforce to the SEC. iGenius itself isn't registered with the CFTC—the agency that actually regulates crypto trading.
Imonitie's history matters here. In May, the FTC sued IM Mastery Academy for defrauding customers out of $1.2 billion. Imonitie wasn't named as a defendant, but court documents show he was essential to the operation. Specifically, he was their Black face to Black America.
Internal messages between IM Mastery Academy executives are stunning. Jason Brown asked why the company should send Imonitie to a St. Louis event. A salesperson's response said it plainly: "Because the demographic is blacks bro. They need to see a [Black person] come up." The salesperson added that average income in the area was $30,000 to $40,000 yearly, and suggested marketing Imonitie as the "highest paid African American in industry." Brown replied: "Lol."
Imonitie reached Chairman 750 status in IM Mastery Academy's hierarchy, one of its highest ranks. Despite his central role in recruiting, he escaped charges.
Today he published a press release calling himself "a respected leader in the global network marketing industry." Two hours earlier, he'd already switched teams.
The numbers tell part of the story. Nvisionu was pulling roughly 8,800 monthly website visits as of late November, with 44.8% coming from the U.S. iGenius gets about 6,200 monthly visits, but most come from Europe—the Netherlands accounts for 27%, Italy 15%, Austria 12%. Only 10% of iGenius traffic comes from America, the market Imonitie just opened up for them.
🤖 Quick Answer
What happened to Nvisionu and its founder David Imonitie?Nvisionu, a cryptocurrency-based multilevel marketing company founded by David Imonitie in 2022, collapsed without public explanation. The company closely replicated the business model of IM Mastery Academy, which faced a $1.2 billion fraud case brought by the Federal Trade Commission. Imonitie subsequently transitioned to promoting iGenius, another network marketing venture.
How did David Imonitie transition from Nvisionu to iGenius?
Following Nvisionu's collapse, Imonitie joined iGenius and was welcomed publicly through social media. Reports indicate he had already been collaborating with iGenius promoter Anthony Napolitano to recruit former Nvisionu distributors into the new company, executing the transition rapidly and without formal announcement to existing participants.
**What
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