Trying to track the current status of whatever company is fronting the Ormeus Coin scam, reveals a convoluted mess of shell companies.

Here’s what I’ve been able to piece together.

Sometime last year Antony Norman created Wellmont Capital Group, a company that supposedly has offices across Europe.

Norman (right) first appeared on BehindMLM’s radar in 2014, as CEO of ViralAngels.

ViralAngels
was a short-lived pyramid scheme with a securities fraud backend.

In January 2017 the
Angel Business Club
Ponzi emerged, and appeared to be a new iteration of the ViralAngels scam.

Norman didn’t publicly front Angel Business Club, but is believed to have been involved through its Angel Equity International (incorporated around the time ViralAngels collapsed).

Angel Business Club as the Ponzi scheme we reviewed in 2017 was again short-lived.

Today it still exists as part of Angel Equity International, but only as a “private equity community”.

Today Angel Business Club claims membership provides “free shares in our exciting portfolio of companies”.

If you haven’t already guessed, Antony Norman (aka Anthony Norman) is at the center of all of these companies.

On April 12th Wellmont Capital announced it had acquired InnerQuest Global Limited.

InnerQuest was a series of unsuccessful attempts to resuscitate
Ormeus Global’s Ormeus Coin
.

The last attempt we have on record was
IQ Legacy
in December 2018, which we recorded as Ormeus Global’s third reboot.

According to Wellmont Capital’s acquisition press-release, InnerQuest ‘has long been a trusted strategic partner of’ Wellmont Capital.

Bear in mind I hadn’t heard of Wellmont Capital till today (that includes research into all our Ormeus Global coverage), so no idea what that means.

“The synergies of IQ products will significantly improve our Wellmont Capital Group customer’s experience.”

The two companies have shared a long history of working closely with one another and look forward to expanding the business by bringing in additional mergers.

Please stay tuned for updates on new management and further launch dates.

So IQ Legacy is no more, fair enough. But what does Wellmont Capital 
actually do
?

According to the “about us” section of their website;

Wellmont Capital Group is a private European asset management company founded in 2018 in Amsterdam, The Netherlands.

Specializing in cryptocurrency trading, Wellmont Capital has a global reputation for taking a unique and personal approach to private banking and asset management.

Here we go again…

The same page advises that Wellmont Capital Group was formerly New Motor Media… but by now you’ve probably lost count of Norman’s here today, gone tomorrow companies.

Anyhoo, looks like Wellmont Capital plans to kick off as the fourth Ormeus Global reboot – but perhaps not quite.

While the usual MLM crypto scam plays are there (Ormeus Global started off as a bullshit trading bot scheme), it seems they might have given up on Ormeus Coin itself.

O

🤖 Quick Answer

Who is Antony Norman and what is his connection to Wellmont Capital?
Antony Norman is a figure associated with multiple alleged pyramid schemes and fraudulent ventures. He created Wellmont Capital Group, a company claiming European offices, and previously served as CEO of ViralAngels, a short-lived pyramid scheme with securities fraud elements. Norman is believed to have maintained involvement in subsequent iterations of fraudulent schemes.

What was ViralAngels and its relationship to Angel Business Club?
ViralAngels was a pyramid scheme with securities fraud components that operated briefly before collapsing. Angel Business Club emerged in January 2017 as an apparent successor scheme. Norman, though not publicly fronting Angel Business Club, is believed to have maintained involvement through Angel Equity International, incorporated during ViralAngels' collapse.

How does Wellmont Capital relate to the Ormeus Coin situation?

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