Trong Hoang Luu and Linh Thuy Le, Win On Wealth’s husband-and-wife co-founders, have been indicted.
The pair, who are based out of California, have also been sued by the SEC on civil fraud charges.
Win On Wealth
, or “WoW”, was an MLM Ponzi scheme launched in 2022. Le was Win On Wealth’s CEO and husband Luu was CFO.
Win On Wealth was part of Inventis Ventures, through which Luu and Le targeted Vietnamese and Latino communities across the US.
Through fraudulently obtained business loans, which Win On Wealth helped investors obtain, consumers were pitched on 15% a month.
After drawing in “at least 1400” investors, Win On Wealth stopped paying out in September 2023. BehindMLM called
Win On Wealth’s collapse
in December 2023.
The SEC has pegged victim losses at “at least $26.5 million”.
$16.5 million was paid out as Ponzi returns and $1.5 million funded Win On Wealth’s MLM compensation plan. Luu and Le misappropriated the rest.
Luu and Le were indicted by a Grand Jury on September 17th, 2025. The pair have been charged with sixteen counts of wire fraud and two counts of money laundering.
The SEC filed suit on October 15th, additionally charging Luu and Le with securities fraud.
The ruse behind Win On Wealth’s 15% a month return was investment in “emerging projects”. Specifically, Win On Wealth was a marketing funnel feeding Inventis (the investment side of the scam).
From the SEC’s Complaint, Le gave
different investors inconsistent descriptions of the use of funds and source of returns, varying from “real estate” and “health insurance investments” to claims that she had access to an unnamed bank that provided 40% returns.
She falsely told many investors that the investments were “guaranteed,” “safe,” or “insured.”
Rather than use investor money to engage in legitimate business activity, Le and Luu misappropriated the funds, spending investor monies for their personal benefit, paying referral fees, and making Ponzi-like distribution payments to earlier investors in an attempt to keep their scheme going.
On the money side of things;
Individual investments generally ranged from $5,000 to $300,000.
Many investors were later solicited to make additional investments or to rollover their purported earnings from prior investments into new investments.
On or around November 27, 2023, Investor C met with Le in the Tustin office. During the meeting, Le told Investor C that if Investor C invested … Inventis would use their funds in health insurance investments with the government.
She also told Investor C that she received 25% returns from these investments, which enabled her to pay the 15% returns. She told Investor C, “Trust me”, “all will be okay,” and “this is not a scam.”
Being a Ponzi scheme, Win On Wealth was of course a scam – one that primarily benefited its creators.
With respect to investor funds being used for Le and Luu’s personal benefit, bank records show that Luu transferred approximately $4.7 million to entities controlle
🤖 Quick Answer
What is Win On Wealth and why were its founders indicted?Win On Wealth (WoW) was a multilevel marketing Ponzi scheme launched in 2022 under Inventis Ventures by co-founders Trong Hoang Luu and Linh Thuy Le, a California-based married couple. They were indicted on federal charges and sued by the SEC for civil fraud after the scheme collapsed in September 2023, causing at least $26.5 million in investor losses.
Who were the primary victims of the Win On Wealth scheme?
Luu and Le specifically targeted Vietnamese and Latino communities across the United States. Through Inventis Ventures, they recruited at least 1,400 investors by promising returns of 15 percent per month, funded through fraudulently obtained business loans that Win On Wealth helped participants secure.
**What civil enforcement action did the SEC
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