New Zealand's Financial Markets Authority just put a target on Rolvi Trading, warning the public that the operation is an unregistered pyramid scheme pitching returns of up to 2.85% daily.

The FMA issued the warning on June 12th after discovering that Rolvi Trading was hawking cryptocurrency products through rolvitrade.com without proper licensing under the Financial Service Providers (Registration and Dispute Resolution) Act 2008 or the Financial Markets Conduct Act 2013. The red flags kept mounting: New Zealanders reported they couldn't withdraw their money.

What Rolvi Trading actually is becomes clear when you follow the cast of characters behind it. The operation runs on a classic playbook—fake executives, manufactured credibility, and a constantly shifting digital footprint.

The scheme originally operated from rolvi.com before switching to rolvitrade.com last month, likely to stay one step ahead of regulators. Its original figurehead, a supposed "Boris CEO" named Richard F. Asperger, was actually California actor Wesley Johnson playing a role. Rolvi later cycled in new talent, including "Founder and Director Joel Kristaps," a character portrayed by another California-based actor, Mike Silva.

The webinar circuit is where Rolvi works its magic. The operation regularly promotes live Zoom sessions on Facebook, with a supposed "Customer Relationship Manager George Ostan" leading the charge. Ostan doesn't exist. He's a fictional character voiced by U.S. voice actor Daniel Britt, who records the webinars.

In March 2022, Britt orchestrated something particularly brazen: he broadcast what appeared to be a testimonial from social media personality Dillon Kivo endorsing Rolvi Trading to Kivo's one million Instagram followers. Kivo claimed Rolvi had registered in South Africa and raved about its AI-powered trading platform for natural gas, precious metals, and cryptocurrency. He pitched the whole thing as democratizing investment for ordinary people.

The problem? Kivo presented himself as a "public relations expert" on social media while failing to disclose that Rolvi Trading had paid him for the endorsement. Neither Rolvi Trading, Wesley Johnson, Mike Silva, Daniel Britt, nor Dillon Kivo are registered with the SEC—a massive regulatory violation when pushing investment products.

The operation's mechanics mirror every other high-yield investment fraud: recruit investors with promises of outsized returns, use fabricated testimonials and fake executives to build false legitimacy, then make it impossible for people to actually get their money out. New Zealanders learned this the hard way, watching their withdrawals disappear into the void while Rolvi's fictional cast kept the pitch alive on Zoom calls and Facebook.

The FMA's warning is clear: stay away from Rolvi Trading. The only thing being traded here is money from victims to scammers wearing a rotating lineup of masks.

🤖 Quick Answer

What is Rolvi Trading and why did New Zealand's FMA issue a warning?
Rolvi Trading is an unregistered cryptocurrency investment operation flagged by New Zealand's Financial Markets Authority in June as an illegal pyramid scheme. Operating through rolvitrade.com without proper licensing, it promised daily returns up to 2.85% while using fake executives and manufactured credibility to attract investors who subsequently reported withdrawal difficulties.

What regulatory violations did Rolvi Trading commit?
Rolvi Trading operated without required registration under the Financial Service Providers Act 2008 and Financial Markets Conduct Act 2013. The company illegally solicited cryptocurrency investments from New Zealand residents without proper authorization, operating as an unregistered financial service provider in violation of local regulatory frameworks.

What are the warning signs of Rolvi Trading's fraudulent structure?
Red flags include pyramid scheme characteristics, fabricated executive identities, constantly shifting digital

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