Zater Capital fails to provide ownership or executive information on its website.

Zater Capital’s website domain (“zatercapital.com”), was first registered in 2017. The private registration was last updated on July 26th, 2025.

Note that Zater Capital’s website went live in or around November 2024. The company as represented on Zater Capital’s website didn’t exist before this.

Zater Capital’s official marketing cites Ronald Cartey as CEO:

Cartey, aka Ron Cartey, is a serial fraudster last known to be based out of Pattaya, Thailand.

Fraudulent MLM crypto schemes Cartey is associated with and/or promoted include
YoCoin
(2016),
3T Networks
(2018), Elef World (2022)
MayoTrade
(2022) and
9xProfits
(2023).

Note that list isn’t definitive, it’s only what has been tracked on BehindMLM.

Update 29th July 2025 –
I originally thought this was
another hoax
but the following was posted to Jenna Zwagil’s official FaceBook page and YouTube channel.

About a week ago Ron Cartey cashed out and split. This left Jenna Zwagil in charge as Zater Capital’s new CEO:

Zwagil was previously Zater Capital’s “Strategic Growth Advisor” and “Corporate Development” (?):

Zwagil is/was the wife of Josh Zwagil, who together were once known as the co-owners of
My Daily Choice
.

More recently, the Zwagil’s have gone on a securities and commodities fraud arc. This has seen Josh in particular push various several trading schemes.

I’m noting Josh Zwagil cites himself as a “single father” on social media. Jenna Zwagil also cites herself as “single”.

Not sure when that happened but it appears to be a recent development. What impact this has on the Zwagil’s various business activities is unclear.

In addition to
AkashX
, which is part of My Daily Choice and run by the Zwagils (note Jenna has been wiped from MDC’s website), Josh has also been tied to
Eaconomy
and
Iqonic
.

Josh is believed to provide trading development services to companies through his Delaware registered company, MLM Protec LLC. Jenna’s involvement in Zater Capital suggests Josh is likely also involved.

In May 2025, New Zealands FMA issued an
AkashX securities fraud warning.
 
/end update

Update 16th October 2025 – 
Statement from Josh Zwagil regarding Zionix (fka Zater Capital);

I have nothing to do with Jenna Zwagil, or Zater Capital/Zionix. I am not a partner, back-end provider, or anything. Jenna and I filed for a divorce and we are not in business together.

I also have nothing to do anymore with IQONIC. They use a different software provider.

/end update

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money
.

Zater Capital’s Products

Zater Capital has no retailable products or services.

Promoters are only able to market Zater Capital promoter membership itself.

Bundled with Zater Capital promoter membership is access to trading signals of unknown origin and various trading supp

🤖 Quick Answer

Who is behind Zater Capital?
Zater Capital does not disclose ownership or executive information on its official website. However, the company's marketing materials identify Ronald Cartey, also known as Ron Cartey, as CEO. Cartey is reported to be a serial fraudster last known to reside in Pattaya, Thailand, with a documented history of involvement in multiple fraudulent MLM cryptocurrency schemes.

What fraudulent schemes is Ron Cartey associated with?
Ron Cartey has been linked to several fraudulent MLM cryptocurrency schemes, including YoCoin (2016), 3T Networks (2018), Elef World (2022), MayoTrade (2022), and 9xProfits (2023). This list, tracked by BehindMLM, is not considered exhaustive and may not reflect the full extent of his involvement in similar operations.

**When

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