Vladimir "Lado" Okhotnikov got hit with federal fraud charges on August 1st. That same day, he jumped on a webinar to pitch his latest scheme.
The SEC alleges that Forsage, the company Okhotnikov co-founded, is a $300 million Ponzi scheme. Regulators didn't mince words. But Okhotnikov apparently decided the time to address worried investors was now. He called the webinar "Burning Question to Meta Force Founder"—Meta Force being the sixth reboot of Forsage under a new name.
Hosting the call was Vitaliy Dubinin, a serial promoter of pyramid schemes who now operates out of Dubai. The choice of venue matters. Dubai has become a magnet for financial criminals precisely because the emirate tolerates MLM fraud and maintains weak extradition treaties. Dubinin, believed to be Israeli, can operate there with minimal fear of consequences.
Joining Dubinin was Becky Cai, who he introduced as "a huge Chinese leader." Cai ran a Forsage downline called "Leopard Alliance" that she claimed had 200,000 investors. She claims to be from China but now lives in Canada. According to her own pitch, she's been using that position to recruit Chinese nationals into these schemes.
The webinar focused on what mattered to investors: Where's the money? People couldn't withdraw funds. Commission payments had vanished. Meta Force's launch had stalled. Okhotnikov promised fixes, though the problems run deep. The scheme relies on internal cryptocurrencies with names like SFC and "energy"—plus another unnamed token still in development. Then there's the planned NFT scam and later a "metaverse marketing grift," which is exactly what it sounds like.
Okhotnikov talked about his plans to visit China soon. He wants to recruit there because offline recruitment, he explained, is "more powerful." Before Forsage, he said, he'd worked in "different network companies" using that same method. The message was clear: Find new markets, find people unfamiliar with how these schemes work, move fast.
Cai urged Okhotnikov to show his face more often to investors. "Otherwise the market is… y'know they get lost because so many things," she said, complaining they get "misleaded by some false information all the time." Whether she meant the SEC lawsuit is anyone's guess.
What stands out is who didn't show up. No major US-based Forsage leaders participated. The SEC enforcement action went unmentioned. Instead, the call centered on international recruitment—reaching people in countries where securities regulators have less reach and communication barriers provide cover.
The pattern is unmistakable. Okhotnikov faces serious federal charges. His response wasn't to address them. It was to rebrand, relocate recruitment efforts abroad, and keep the machine running. For now, it's working.
🤖 Quick Answer
Who is Vladimir Okhotnikov and what are the allegations against him?Vladimir "Lado" Okhotnikov is a co-founder of Forsage, a cryptocurrency platform accused by the SEC of operating a $300 million Ponzi scheme. He faced federal fraud charges in August and continued promoting successor schemes despite legal action.
What is Meta Force in relation to Forsage?
Meta Force represents the sixth rebranding of the Forsage platform under a new name. Okhotnikov promoted Meta Force during a webinar conducted on the same day he received fraud charges, suggesting continuity of the underlying business model.
Why is Dubai significant in this fraud case?
Dubai serves as an operational base for promoters like Vitaliy Dubinin due to the emirate's tolerance of MLM fraud and weak extradition treaties. The jurisdiction provides shelter for individuals facing financial crime allegations in other countries.
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