Joseph Ford Jr – Is he an MLM Scammer?
On YouTube, Joseph Ford jr., a federal police officer from California, promotes MLM crypto Ponzi schemes.
How He Promotes MLM Scams Online:
On YouTube, Joseph Ford Jr., a federal police officer from California, promotes MLM crypto Ponzi schemes.
Ford Jr. graduated from the Department of Homeland Security’s Uniformed Police Training Program on December 15th, 2020. Here is his certification of graduation :
A year later, Ford Jr. reminisced at what appears to have been a proud moment in his life:
Joseph Ford jr received a notification calling him to attend a cryptocurrency investigation course. And here is a sample of that:
This course teaches crypto investigative skills firsthand.
Joseph Ford Jr. stated that the course was “absolutely right up my alley.”
Joseph Ford Jr. was supposed to attend the crypto fraud course from January 11th to January 13th. But Joseph Ford Jr. tested positive for COVID-19 on January 7th.
But what was exciting was that a day later Joseph Ford Jr. was promoting his own designed cryptocurrency investigation course. Here is the sample for it:
Joseph Ford Jr. appeared to have recovered from COVID-19 as of January 19th.
Joseph Ford jr. appears to be neck-deep in MLM crypto securities fraud at this point.
Joseph Ford jr. boasted on January 23rd about being a Senior Manager at Intelligence Prime Capital.
What is Cryptocurrency?
A digital type of money known as cryptocurrency has no tangible counterparts, such as coins or bills, and only exists electronically. Electronic tools like cell phones, PCs, or specialist Bitcoin ATMs are frequently used in cryptocurrency transactions. Even though Bitcoin and Ether are well-known examples, there are many other virtual currencies on the market, and more are constantly being created. These cryptocurrencies offer distinctive features and applications in the fields of technology and finance, operate on decentralized networks, and are defined by their digital nature.
Intelligence Prime Capital promised monthly returns of up to 40% through forex trading.
Joseph Ford Jr. had to get others to spend at least $10,000 on the plan to qualify as a Senior Manager.
Intelligence Prime Capital, which was suspected to be managed by Asian scammers, went bankrupt in February. Joseph Ford jr. was referring to himself as a “forex trading expert” by this point. Have a look
Joseph Ford jr. claimed at least one of the MLM Ponzi schemes he was promoting, most likely to be Intelligence Prime Capital, was “broker regulated and fully compliant”. After IPC collapsed, Joseph Ford jr. fell deeper down the MLM crypto fraud rabbit hole, and his whole fraud was dug out. Joseph Ford jr. founded PIN which is believed to be most likely Passive Income which he made use of to promote MLM Cryptocurrency Ponzi schemes.
Have a look at the “PIN”
Joseph Ford jr.’s PIN Facebook group had over 200 members at the time of publication:
By mid-March, Joseph Ford jr. claimed he and his associates had defrauded victims of “close to $1 million”:
PIN Zoom webinars were organized by Joseph Ford jr. to market schemes to consumers.
PIN “business partners” joined Joseph Ford jr. on these webinars.
Joseph Ford jr. began advertising MetaFi Yielders in April 2022.
MetaFi Yielders is an MLM Ponzi fraud that promises daily returns of up to 4.2%. Later that month, Joseph Ford jr. started pushing COTP:
COTP is a Ponzi scheme that promises daily profits of up to 4%. HyperFund/Hyperverse is another MLM crypto Ponzi that Joseph Ford jr. may have pushed. Joseph Ford jr. joined the Facebook group “Hyperverse Scam Now What!?” yesterday, placing him on their radar.
The story has been picked up from there. It’s not every day that a US Federal Law Enforcement Officer promotes Ponzi schemes.
On April 27th, Joseph Ford jr. stated that he earned more money marketing MLM Ponzi schemes than he did as a police officer.
Joseph Ford Jr.’s career as a law enforcement officer had been relegated to a “side hustle.”
According to the given matter, there can be an understanding that Joseph Ford jr. works as a United States Mint Police officer.
The United States Mint Police protect about 1,650 Mint personnel, over $100 billion in gold, silver, and coins, and thousands of visitors to Mint sites each year.
Today, Mint Police personnel are primarily responsible for the protection of life and property, the prevention, detection, and investigation of criminal actions, the collection and preservation of evidence, the making of arrests, and the enforcement of federal and municipal laws.
Things haven’t been going so well in the MLM crypto Ponzi area this month. MetaFi Yielders is attempting to keep their Ponzi scheme going by offering rolling 4.2% a day investment options. Joseph Ford jr. talked about withdrawing $40,000 from COTP two weeks ago.
COTP went bankrupt last week. Investors are waiting to see if the Ponzi scheme will be restarted this week. Joseph Ford jr. and the Ponzi schemes he promotes are not registered with the SEC or the CFTC, in violation of the Securities and Exchange Act and the Commodity Exchange Act.
What is the Securities and Exchange Act
The Securities Exchange Act of 1934 is a United States of America regulation that governs the secondary trading of securities. The Act of ’34 and associated statutes serve as the foundation for the regulation of financial markets and their participants in the United States.
What is the Commodity Exchange Act
Commodity Exchange Act is a federal act enacted in 1936 by the U.S. Government, with some of its provisions amending the Grain Futures Act of 1922. The Act provides federal regulation of all commodities and futures trading activities and requires all futures and commodity options to be traded on organized exchanges.
Here is a look at what people think of Joseph Ford jr. and his Ponzi scheme on cryptocurrency
People call Joseph Ford jr. a wolf and a fraudster who cheated people and calls himself a cop. People call this situation irony where a cop who was supposed to protect people from scams and scammers went on to cheat people.
Joseph Ford Jr. went on faking DMCA Cases to shield his wrongdoings
Joseph Ford jr. has used DMCA as a cover to hide from the truth and to hide his fraud cheating people.
What is faking a DMCA case?
Have discovered notices employ the “back-dated article” approach. The incorrect notice sender (or copier) generates a copy of a “true original” article and back-dates it, resulting in a “fake original” article (an article that is a copy of the genuine original) that looks to have been published prior to the true original at first glance.
The copiers then send a DMCA to the relevant online service providers, claiming that the true original is the copied or “infringing” article and that the copied article is the “original,” and requesting that the true original article be taken down.
Following the DMCA request, the individual who provided the incorrect notice removes the phony original URL, most likely to ensure that the article does not remain online in any way. If the takedown notice is effective, information that is most likely legitimate speech will be removed from the internet.
Before we proceed any further, please note the following points which may come in handy as you scroll down and read the rest of the investigation –
The original article was published legitimately on a website.
The DMCAs were filed by an imposter, as evident in the Lumen Database records (listed above), as seen on the Google Transparency Reports.
Conclusion
There are numerous federal offenses related to operating a Ponzi scheme. These could include money laundering, which can result in a 20-year prison sentence, wire and bank fraud, which can result in a 30-year prison sentence, and tax fraud.
The punishment associated with a Ponzi scheme can be that Ponzi scheme can be examined by federal government agencies such as the SEC and FBI, as well as state government agencies.
Even in the best-case situation, the penalties for conducting a Ponzi scheme can include significant jail time, huge fines, confiscation, and restitution.
In case someone has been in a Ponzi scheme then even if the person is innocent and was unaware of the fraud, he/she may be ordered to forfeit some or all of the proceeds to assist others in recovering their losses from the scam in the criminal prosecution if he/she has received more than they have invested.
