Vortic United has received a securities fraud warning from the British Columbia Securities Commission (BCSC).

As per
BCSC’s October 7th, 2024 Vortic United warning
;

Vortic United claims to offer trading services for cryptocurrencies.

We are aware that Vortic United accepts British Columbia (BC) residents as clients.

Vortic United is not registered to trade in, or advise on, securities or derivatives in BC.

We urge BC residents to exercise caution when dealing with firms that are not registered to trade or advise in BC.

Vortic United
was an MLM crypto Ponzi that emerged in late 2022. The scam was fronted by founder and CEO “Jensen Robles”, played by German national
Rene Schwarze
.

Fronting the promotional side of Vortic United was Canadian national Jan Gregory Cerato.

Vortic United is believed to have been a collaboration between Schwarze, Cerato and a Russian crime syndicate operating from Turkey.

Vortic United collapsed in August 2023, prompting Schwarze to go into hiding. Cerato, previously
charged with securities fraud by Canadian authorities
, returned to Dubai.

Cerato is currently in Malaysia and promoting the BitHarvest Ponzi scheme.

BitHarvest and Cerato received a
securities fraud warning from California’s Department of Financial Protection and Innovation
on August 20th.

🤖 Quick Answer

What is Vortic United and why did it receive a securities fraud warning?
Vortic United is a cryptocurrency trading platform that received a securities fraud warning from the British Columbia Securities Commission (BCSC) on October 7th, 2024. The company, which accepts BC residents as clients, operates without proper registration to trade or advise on securities or derivatives in the province.

Who are the key figures behind Vortic United?
Vortic United was founded by "Jensen Robles," a persona operated by German national Rene Schwarze, who served as CEO. Canadian national Jan Gregory Cerato was responsible for the company's promotional activities and marketing operations.

What type of scheme was Vortic United?
Vortic United operated as a multi-level marketing (MLM) cryptocurrency Ponzi scheme that emerged in late 2022. The operation utilized false promises of cryptocurrency trading services to attract

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