Skainet Systems Ponzi collapses, Cermak baloney reboot

The Skainet Systems Ponzi scheme has collapsed.

Instead of just being honest about running out of new investment to pay withdrawals, Skainet Systems has announced a baloney Cermak reboot.

Skainet Systems
was an MLM crypto Dubai Ponzi fronted by serial fraudster Michael Baur.

The scam first exhibited signs of collapsed back in December 2024 with
delayed withdrawals
. Withdrawals were
further restricted
in February 2025.

Skainet Systems
initiated its final Ponzi exit-scam
a few weeks ago by way of fake “negative trading results”:

(initial negative)

On or around May 27th the exit-scam ruse continued, with Skainet Systems this time posting a fake “30% trading loss”.

This brings us to Skainet Systems’ collapse announcement today;

Unfortunately, the HFT Trading of skainet faced many issues the last weeks and under the pressure of high profit expectations, the trading caused the loss.

\After the 30% minus last week, the team of Skainet risked it all, including the pending profit and commission balances. They wanted to recover as fast as possible but unfortunately this didn’t brought the intended result.

What will happen now:

As some of you may have already heard, Cermak will cancel the cooperation with the Skainet HFT Traders and bring instead an own new copy Trading Product. This is a new business and is based on classic swing trading.

Cermak is a bogus trading broker created in or around January 2024 as part of Skainet Systems’ Ponzi ruse.

In relation to Skainet Systems, German authorities issued a
Cermak fraud warning
in February 2025. The Central Bank of Russia also issued a
Skainet Systems fraud warning
in March 2025.

Now Cermak, run by the same scammers behind Skainet Systems, is being presented as an independent reboot Ponzi.

Cermak made a deal with the Skainet team, that includes the complete transfer of the Skainet structure into the Cermak business including this telegram channel.

But also, Cermak declares, to setup a refund Pool for the Skainet members, who experienced a net minus in the Project.

How it will work in detail step by step:

This week, the new Cermak business will be launched. Every skainet user will be able to log into the Cermak backoffice with his skainet login. There you will find your complete structure, that was build in skainet.

Logically it makes no sense to take on a collapsed Ponzi scheme and investor loss liabilities. This is all just a ruse to steal more money from gullible Skainet Systems investors.

You will receive a weekly payment into your refund wallet until you are break even! YOU DONT NEED TO INVEST ANYTHING!

5% from all profits of the new business goes to the Skainet Refund, until all members are at least break even!

Also, if someone is participating in the new business from your downline, you will receive full commission without investing anything by yourself.

5% a week of backoffice monopoly money runs Skainet Systems’ final exit-scam for approximately 20 weeks, or almost five

🤖 Quick Answer

What is Skainet Systems?

When did Skainet Systems begin showing signs of collapse?
Skainet Systems first exhibited signs of collapse in December 2024, when withdrawal delays were reported. Restrictions on withdrawals were further tightened in February 2025, indicating the scheme was running out of new investment capital needed to sustain payouts to existing participants.

What was the Skainet Systems exit-scam strategy?
Skainet Systems initiated its final exit-scam phase by announcing fabricated negative trading results. On or around May 27, 2025, the platform posted a fictitious

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