WeWe Global’s hopes of pitching its Ponzi scheme across Australia and New Zealand throughout February hasn’t gone to plan.
The so-called “Oceania Tour” was met with a hostile reception from New Zealand’s Financial Markets Authority, who issued a
Ponzi and pyramid fraud warning
on February 8th.
Top Italian WeWe Global scammer Diego Endrizzi was supposed to headline WeWe Global’s Oceania Tour.
Endrizzi, who fled his native Italy for Dubai, is reported to have held up a plane as he abandoned his trip to New Zealand in the wake of the FMA’s warning.
On February 9th WeWe Global held an event at Novotel Christchurch Airport. Despite the FMA’s fraud warning, Novotel seemingly had no issue providing WeWe Global scammers a venue to recruit from.
Frank Everard Stace hosted the event, with a
transcript provided by Danny De Hek
revealing the FMA’s warning was dismissed as “ridiculous”.
There are a few things going on, right? All sorts of, you know, of course that’s ridiculous, but cause as a result of some of the misinformation about what it is we do.
This is gonna be addressed legally and the legal team are on it. And from our point of view, nothing changes. It’ll get sorted.
WeWe Global’s passive investment scheme
constitutes a securities offering.
The FMA is New Zealand’s’ top financial regulator. WeWe Global isn’t registered to offer securities in New Zealand, or anywhere else on the planet.
It remains unclear how WeWe Global’s lawyers intend to challenge globally established securities laws.
Next Everard Stace addressed the Diego Endrizzi elephant in the room;
Diego couldn’t make it into New Zealand on legal advice in Australia, this will get sorted out and he’ll be back here as soon as possible.
While tickets to WeWe Global’s Oceania Tour were sold to the public, unbeknownst to attendees, they were screened before admission was granted.
Stuff reporter Martin van Beynen purchased a $20 WeWe Global Oceania Tour ticket.
Van Beynen was hoping to ask Diego Endrizzi about WeWe Global’s 10% a month passive investment scheme.
Van Beynen queued up, had his ticket scanned but was then
told he wouldn’t be able to attend
.
Frank Stace then appeared and attempted to usher van Beynen away from other potential victims:
In van Beynen’s own words;
I seem to have been barred entry just because I’m an investigative reporter.
Frank, you’re killing me. You’re depriving me of one of the most compelling business opportunities of a lifetime, to use a WEWE marketing phrase.
I create a bit of a fuss. Only Frank, the hotel’s security manager and several WEWE enthusiasts stand between me and financial nirvana.
Frank obviously doesn’t want me to know the secret because I’m a reporter.
Danny De Hek also claims he was kicked out of the event.
So I went along, and I walked in like I owned the place.
And here I go, there is Tony Mark-Seymour standing there looking at me, wondering who I am.
My biggest regret was the fact that I said I was a nobody.
He
🤖 Quick Answer
What was WeWe Global's Oceania Tour?WeWe Global's Oceania Tour was a February marketing campaign targeting Australia and New Zealand to promote its operations. The tour was led by Diego Endrizzi and included promotional events designed to recruit participants across the Oceania region.
Why did the Oceania Tour fail?
New Zealand's Financial Markets Authority issued a Ponzi and pyramid fraud warning on February 8th, 2024. Following this regulatory action, tour leader Diego Endrizzi abandoned the campaign and left New Zealand, significantly undermining the tour's objectives.
Who was Diego Endrizzi?
Diego Endrizzi was an Italian national associated with WeWe Global who relocated to Dubai. He was scheduled as the primary speaker for the Oceania Tour but departed abruptly following the FMA's fraud warning, reportedly abandoning his travel plans.
**Where did We
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