Algotech was a Ponzi scheme that surfaced a few months ago.

The scam didn’t last long before it collapsed. At time of publication Algotech’s website has been disabled.

Before it was pulled, here’s what the footer of Algotech’s website looked like:

Here’s what the footer of WinWheel’s website looks like today:

Presumably former Algotech affiliates are also promoting WinWheel as a reboot of the company:

WinWheel provides no information about who owns or runs the company on its website.

WinWheel’s website domain (“winwheel.com”), was first registered in 2013.

The private registration was last updated on November 10th, 2021. This is the assumed date the current owner(s) took possession of the domain.

As revealed in
BehindMLM’s Algotech review
, the company was owned by Klas Magnus Nilsson.

Nilsson likely owns or at least part owns the WinWheel reboot.

If Algotech’s Master Distributor Daniel Grenon is still on board, that’s being kept under wraps.

In Grenon’s place we now have Staffan Liback fronting WinWheel.

Liback is working with the Steinkeller brothers and Simon Le.

Liback, the Steinkeller brothers and Le are all notorious OneCoin Ponzi scammers.

A few months before Ruja Ignatova disappeared, the Steinkeller brothers
abandoned their 2.5 million euro a month OneCoin position
.

They left the position in the hands of Staffan Liback, who promptly tanked it (OneCoin
collapsing
in January 2018 didn’t help).

Having fled to Dubai,
the MLM scam capital of the world
, the Steinkellers maintained a low profile for a few years.

In mid 2019 they resurfaced with Planet Impact. Today Planet Impact is no more.

Staffan Liback’s departure was in stark contrast to the Steinkeller brothers. Liback slunk away and lay low in Thailand.

In 2019 Liback resurfaced alongside OneCoin money launderer Frank Ricketts, to front the
Cloud Horizon
Ponzi scheme.

Liback is believed to have cashed out and ditched Cloud Horizon in late 2020.

In December 2020 Liback was promoting
OmegaPro
, another MLM Ponzi scheme. He was also an original Algotech promoter.

Simon Le, one of OneCoin’s top earners (he pillaged south-east Asia), also quietly slunk away to Vietnam after the Ponzi collapsed.

In early 2020 Le launched his own OneCoin clone,
OneLink
.

OneLink lasted a few months before Le rebooted it as
Global Sponsorship Network
.

Le has rebooted Global Sponsorship Network three or four times now. It seems he’s finally given up and is now looking to funnel what’s left of his SEA following into WinWheel.

Overseeing Liback, the Steinkeller brothers and Le is Nigel Allan.

In one WinWheel marketing video, Liback states;

Today I will introduce to you one of the absolute reasons for us being on this call.

I know that this gentleman … Mr. Nigel Allan, has been introducing Connect to us.

Without him and his connection to it, we would not get this opportunity.

We’ll get into Connect in the conclusion of this review.

Nigel Allan
served as President of OneCo

🤖 Quick Answer

What was Algotech and what happened to it?
Algotech was a Ponzi scheme that emerged several months before its collapse. The fraudulent operation resulted in the disabling of its website. The scheme was characterized by typical Ponzi structure, involving unsustainable investment promises that ultimately led to its failure and closure.

What is the connection between Algotech and WinWheel?
WinWheel appears to be a reboot of the defunct Algotech scheme, with former Algotech affiliates promoting the new platform. Both companies share identical footer designs on their websites, suggesting organizational continuity and potential involvement of the same operators in this new venture.

What information is available about WinWheel's ownership?
WinWheel provides no publicly available information regarding company ownership or management on its website. The domain winwheel.com was originally registered in 2013, with

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