Are you aware of the term Ponzi? Well, if you do, then you must be going through a chilling feeling through your spine. However, in case, you are not sure of what a Ponzi scheme is, then let us introduce you to the devil and its assistants.
What Is a Ponzi Scheme?
In simple words, it’s the oldest fraudulent trick to scam people of their money with their investments. Scamsters create an illusion of their established business and make promises of paying off higher returns than usual to naive investors. And it’s human nature to get lured whenever we see extra benefits. These con artists take advantage of such emotions and attract unsuspecting investors to invest in their so-called business.
How Do Ponzi Schemes Work?
Some unscrupulous cunning minds come together to defraud people by a camouflage effect of their business. They keep on adding new investors to their scheme in sets, and with those large sums of invested money, they pay off previous investors. Scammers showcase this as reimbursement of the profit they have made from their products/services. However, in reality, they use the money of new investors and share some dividends to the earlier ones, whereas keeping a significant percentage for themselves.
This is a flow where scam artists must keep on adding new investors to pay off the old ones. And this flow collapses at a certain point when either the investors ignite doubts within themselves or when the scamsters feel like they have earned enough from their fraudulent venture.
Why Did We Name It as the Earliest Scam Trick?
USA’s Sarah Howe launched a scheme called “Ladies’ Deposit” during the 1880s. Howe grabbed a female client base promising them with an interest rate of 8% per month. But she never turned up with the ROI; instead, she stole all the invested money. Though it was one of the first-ever scams, the name Ponzi scheme came out of something else.
A newspaper article on Mrs. Howe
It came after the name of Charles Ponzi whose notorious tricks took the money of many innocent people. Back in the 1920s, if someone wanted to email overseas, they had to purchase a reply coupon for international communications. Charles Ponzi used it as a process of investment. His idea was to buy these coupons at a cheaper rate from other countries and sell them through a costly deal with investors from the USA. The profit was supposed to get shared with the investors.
Charles Ponzi at work, in 1920
Even though his idea seemed to be credible in theory, in the practical world, it didn’t work out well. He had promised a 50% ROI to the investors within 90 days. On the contrary, the entire process of transportation and cash exchange took a lot of time, and money as well. It impeded him to abide by his promise. Despite being aware of the adversity in this situation, he applied the Ponzi trick of appealing to new investors to keep up the continuous flow of money and share dividends with the previous ones. Additionally, he kept a lump sum amount with himself and ended up staying luxuriously.
This foolishness of Charles Ponzi made the investors suspicious of his business. And eventually, he was caught.
Nevertheless, the inauguration of this Ponzi made way for upcoming scammers to maintain this illegitimate tradition to date.
Are the Brothers Back?
Amongst many other infamous scammers, these three Italian brothers have made a heinous mark in the history of Ponzi stars. Did you get whom are we talking about? It’s the Steinkeller Brothers. Aron Steinkeller, Christian Steinkeller, and Stephan Steinkeller are the most devious and smartest Ponzi minds of this era. They have been into various industries such as food supplements, coffee distribution, blockchain, and several others; but in each one of the projects, they ended up leaving the investors behind and cheated them with millions and billions of dollars.
Aron, Christian, and Stephan Steinkeller – The Steinkeller Brothers a.k.a. Merchants a.k.a. One Dream Team
And as of the recent updates available online and our research, yes, the Steinkellers are back with an all-new idea to “save the planet.” LOL
How Are They It Doing Now?
After their deceitful cryptocurrency scam in 2017, they had vanished for around one year. Back in 2018, they launched their new venture of saving the planet in collaboration with FutureNet. The name seems familiar, right?
Well, FutureNet is also one of the most crooked Ponzi stars in the networking and cryptocurrency market. Though their details can be discussed later in the article, the project of Planet Impact seems to be another scamming venture of these Italian brothers.
What Is Planet Impact All About?
Steinkeller Brothers, who, even after deceiving so many people across the globe, still consider themselves as the “dream-team”, are now suddenly too much concerned about the adverse effect of global warming. They had introduced this new project back in September 2018, with a promise to save rainforests, as well as the environment.
The Steinkellers talking about becoming the “biggest land protector on this planet”
Why Are We Suspicious?
If we dissect every Ponzi scheme, you will see all of them as to be a fantastic concept to lure people. The same is the factor with Planet Impact. Just like Charles Ponzi established a real logical scheme but later turned out to be a fraud, this project of saving the earth can also be the same.
With our thorough investigation and research, we have gathered some points which suspect this venture to be another dubious one.
1. The Collaboration With FutureNet
FutureNet is a vicious Ponzi star. Initiated in 2014, by Roman Ziemian and Stephan Morgenstern, this veiled business was named as OneLine Online. It has victimized many of its investors through recruiting scam. It started working like any other MLM business where recruitment is the source of income in a downline approach. It means the more members you add to your team, the more will be your revenue share. However, to everyone’s surprise, it turned out to be a cycler Ponzi scheme, where new members had to invest a minimum of $10 and a maximum of $1685 to become a royal member. With time, doubts popped up in the investors’ mind and finally, OneLine Online collapsed in 2016.
However, that didn’t stop FutureNet from launching another scheme named FutureAdPro. In place of the earlier mockery of 90% ROI, this time, FutureNet sucked in investors with an obligation to share $60 in return to their capital investment of $50. But such things cannot exist in the real world. Do you know any company being so liberal and kind to let go off their profits with a regular loss of $10 per investment! And this condition led them sinking into a neck full of debt.
Thus the serial scammers found one more Ponzi way with the launch of FuturoCoin, a type of cryptocurrency but used fraudulently. It’s debut ICO value was near about $18, which later reduced to $7.70. FutureAdPro started collapsing when the company refused to provide ROI in bitcoins or any similar cryptocurrencies, other than FuturoCoin.
This step was taken purposefully because FutureNet’s altcoin served no purpose outside the company. Additionally, sharing dividends to the investors with FuturoCoin cost almost nothing, in comparison to that of any real cryptocurrencies. In a nutshell, the investment FutureNet received was via cash transaction, and on the contrary, they used their worthless altcoin for the return.
Their entire fraudulent activities got caught by late 2018, which resulted in Stephan and Roman to go underground till early 2019.
If you are wondering how FutureNet’s Ponzi scheme is related to Steinkeller brothers then let me tell you that Planet Impact is a joint venture of these two. It’s FutureNet’s next venture named as FutureNet Planet.
As mentioned earlier, FutureNet has been a serial scammer, where they incarnated back to back three times. And it concludes us with a thought that, masked in a noble cause of saving the planet, it might be their fourth reincarnation in collaboration with the Steinkeller Brothers.
Now our question is even after knowing their entrapping history, how come the brothers decided to shake hands with such serial scamsters! The next two points might answer that.
2. Organo Gold Scam
A whopping $13.7 million of scam took place with Organo Gold in 2016. Though this Ponzi scheme did not include Organo Gold directly; Anh, from Phuc Gia Bao Investment Joint Stock Company, convinced investors that he was representing Organo Gold. He launched an MLM scheme for the coffee brand; however, it didn’t turn out to be successful.
Next, he dragged in investors through different packages varying between $540 – $1570. As for ROI, he promised them to provide with a monthly interest rate of 24% – 80%, along with VIP coffee coupons, important meeting invitations, and various traveling packages. According to sources, Anh’s first venture was his own distributorship for Organo Gold. And after its flopped implications, he used those vouchers to carry on with the Ponzi scheme.
By 2016, when the company crashed down, he was successful in convincing near about 8600 investors to spend more than $13.7 million. Despite the fact that Organo Gold was nowhere face-to-face in this scam, the doubt is not yet clear whether or not somebody from Organo Gold knew about it. In fact, Anh was using Organo Gold openly for marketing his Ponzi scheme; then how come nobody from the organization got a clue of that!
Here’s where Steinkeller Brothers come into the scene. In 2010, they became partners with Organo Gold. In 2013, they not only earned more than $500,000/month, but Christian Steinkeller also became the top earner of this company. And in 2014, they left the company to form Conligus. So, in the account of our calculations, these brothers might have been involved, somewhere or the other, with the scam of Anh.
3. OneCoin Scam
It all started with Conligus, an MLM company for penny auctioning, built on the Ponzi model of Zeek Rewards. Steinkeller Brothers were the owners and promoters of this company. Even though Conligus was abruptly abandoned in 2015, the owner brothers were shrewd enough to continue their treachery. The brothers sold their entire affiliate database to the now infamous mother of all cryptocurrency scams, the Ponzi scheme of the decade, OneCoin.
Steinkeller Brothers in one of the promotional videos for Conligus, in 2014
“Better than Bitcoin” and “The Future of Money” was OneCoin’s representation policy. Ruja Ignatova, being one of the controllers of this Ponzi digital currency scheme, became partners with the Steinkeller Brothers. It let them find a way to continue cheating on the investors and earn dollars easily.
Aron and Christian Steinkeller with some of their One Dream Team associates (the real operatives of the scam called OneCoin)
At that time, Ignatova supposedly had her OneCoin software ready at hand, but she had a lack of networking, which, in turn, was lagging her behind from marketing OneCoin. Here, she was rescued by Steinkeller Brothers, who had their established One Dream Team of victims handy to start pumping money into OneCoin.
It’s speculated that Ignatova paid a lump sum amount of €500,000 to Steinkellers to grab their network base. The three brothers were the masterminds behind making the Ponzi scheme so successful. They used their brain and lied to the investors about earning €1.8 million way before OneCoin’s journey actually started.
Even at the initial stage, it was quite clear that OneCoin is one of those Ponzi schemes as it declared an ROI of 40%-50%. It was absurd and unachievable until and unless the flow of new investors continued.
This scheme literally gifted Steinkeller brothers an earning of mind-blowing $2.5 million every month till they dropped themselves from OneCoin in early 2018. By then, they had made enough to purchase restaurants and hotels worldwide while the grieving investors of OneCoin had lost all their life savings in the brothers’ vicious trap. The youngest of Steinkellers, Stephan, even got to spend a fortune on his lavish wedding at Seychelles, all using the money they defrauded from the many investors who fell for the OneCoin scam.
Wedding video of Hanan & Stephan Steinkeller at Silhouette Island, Seychelles
Steinkeller Brothers had a dream to become dominant in the MLM industry. But when asked about the reason behind backing out from such a hyped-up and promising project of OneCoin (in 2018, OneCoin had claimed that it had reached its highest level of profit), they replied, “The time has come for a new change, we will make a full cut and not leave any bridges behind, in order to be able to focus 100% on the new projects to come.”
It never made sense until and unless the regulatory scrutiny around OneCoin was discovered. The Ponzi masterminds got the clue of the world getting an insight into their scam, and that they might soon get exposed. Thus along with leaving OneCoin, they also left their online presence behind, till September 2018 when they came back with their new project of Planet Impact.
Just an FYI, BaFin, the top financial regulator of Germany, had discovered that OneCoin had connections with the Russian and Bulgarian mafia. According to the Gerlach Report, the brothers were accused of several criminal activities. And when Steinkeller Brothers’ legal representatives got access to it, numerous threats started coming to the witnesses. Citizens of Bolzano were forbidden to talk against OneCoin and the brothers to avoid putting their names in the “death list.”
One after another, the Steinkellers had scammed innocent people and ran away from the scenario. To date, they have always been successful in saving themselves from any legal actions. And this mystery still retains its existence…
4. Just Like Another Ponzi Structure
FutureNet Planet, the latest venture of FutureNet, in association with Planet Guardians, reportedly a secret foundation of Steinkeller Brothers, has been their new charitable cause of saving the planet, called Planet Impact.
Apparently, it might seem to be an exemplary roadway taken by both the scamsters to make the world a better place to live in; but allegedly, there are hidden agendas behind it. Talking about the project goal, FutureNet has revealed that they have combined the network marketing strategies with the process of protecting our planet.
What’s pricking our concern is that neither FutureNet nor Steinkellers have ever earned in legal terms through their previous marketing schemes. The official website of Steinkeller Brothers is openly calling people to join their team for this concealed endeavor of saving the planet. On the other hand, to quote the official website of FutureNet, “It’s not all about making money! Let’s give back!”
So, it’s evident that there surely will be a source of income. And according to their history of scamming schemes, probably they will keep the continuous flow of investors running and will work like every other Ponzi.
Also, if you refer to this video, in the description, you will see a link to get free Bitcoin worth $10 along with showing you the easiest way for passive income. The later one will lead you to a link of FutureNet.
Well, it might be a little different than the traditional Ponzis, as well. Chances are, you will invest your money, and they will showcase themselves as working on Planet Impact, but in reality, it would never take place. Your investment will again become one of their lavish weddings, homes, or cars.
So, each of these factors are leading us towards a suspect that Planet Impact is nothing but another Ponzi scheme of FutureNet and Steinkeller Brothers.
However, our investigation doesn’t end here. There is one more quite prominent move that has made us think, and will do the same to you, as well.
5. Suspicious Online Presence
Coming to the present online affairs of Steinkeller Brothers and their project, if you look at their official website, you will see that since 2018, the project has been quite secretive. In comparison to many other environmental websites like that of TreeHugger, Greenpeace, and so on, the entire online presence of Planet Impact, which includes the following domains:
doesn’t talk much about the project. There are too many blabberings without any proof of what they have done so far. If you are thinking that they might really be developing their plan, then let us remind you that Planet Impact was initiated about 1-2 years back. And as of now, they have not taken any noble or concrete step, abiding by their promises.
The official website of Steinkeller Brothers
The official Steinkeller Brothers website looks shabby and hastily put together using some random WordPress theme. The website is dull and uses images of the brothers with photoshopped backgrounds matching the ‘planet-saving’ theme. Some of the inner pages are even broken, for example, the ‘Our Story‘ page is totally wrecked. Most of the links on the website do not work. The same is the issue with Christian Steinkeller’s website, where Christian Steinkeller wants to show you what they are up to (check out the 4th section) – unfortunately, you will not be able to click and see anything on his website either.
All of this clearly shows that there’s no one really managing these sites. There’s no real ‘Planet Impact’ team behind the three brothers or any legitimate cause or business associated with the vicious buffoonery that the brothers and all of their schemes are. One common thing you’ll find in all of these websites is the fact that they have quite smartly skipped out on mentioning anything to do with their previous businesses or the different scams they have helped operate around the world.
The Facebook and the Instagram pages of Steinkeller Brothers are another set of anomalies. You will see that there has been almost no response from them to any of the questions posted on these pages. And even if you message them personally through Facebook, they don’t turn out or respond to any of the questions.
On visiting the Planet Impact website you will quickly see that the corporate team includes another peculiar person, Mr. Oscar Dalvit. He is listed as the COO of the company, Planet Impact, and in one of the videos, he also claims that he is one of the company co-founders as well. What’s interesting here is the fact that the same Mr. Oscar Dalvit was previously the COO of another company that was promoted by the three Steinkellers. The name of that company is…
Yes, the same freaking Ponzi scheme that the Steinkeller Brothers had abandoned and sold off to OneCoin. Oscar with his amazing operational skills had managed Conligus then, and now is here running the operations for Planet Impact as well! Can you see the problem with this?
The official website of Planet Impact
Even though the company has been around (supposedly) since 2018 or so, you’ll only find one person listed under the section “Affiliate Council”, one Mr. Ravelli Roberto. The rest of the council just doesn’t exist.
In conclusion, all the facts and figures are talking against this new venture of Planet Impact and points strongly towards its being a dishonest, Ponzi scheme of some kind. With the combination of FutureNet and Steinkeller Brothers and the long history of their utterly unprofessional and deceptive business methods – nothing about this project Planet Impact is convincing enough for us to believe them again.
Though this article doesn’t intend to confirm that Planet Impact is the return of another Ponzi scheme, we do know that history repeats itself. And it’s better to be safe than sorry.
So, here we are just asking you to think twice, thrice, or maybe even more times before jumping into any investments to do with any project remotely connected with the Steinkellers. Do your research, check the credibility, trust your instincts, and then decide upon what is better for you. Always remember, there’s no fun and a lot of pain in being bankrupt like many of the investors who joined hands with these notorious minds only to end up making the likes of Steinkellers richer.TheMLMReport.com strongly believes that the growing attempts to hush debate, stifle news and remove information from any public domain must be thwarted at all times, and that all independent media that are free of influence by government or corporate interests are one of the best, if not the only, means of keeping the real discussions alive today. As a part of that, we welcome contributions from anyone, on topics ranging from a general interest in the field of network marketing to major inside scoops of what is really happening in your network marketing company, feel free to submit your article with us. We promise to publish them as long as they meet our publishing guidelines, no matter how controversial they might be.