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Social Media-Powered Ponzi Schemes: The iGenius Case Exposed on TikTok!
The digital age has reshaped how we communicate and how scammers operate. Gone are the days when multi-level marketing (MLM) schemes were predominantly spread in hotel conference rooms and large events. Today, social media platforms like Instagram and TikTok have become the new arenas for these fraudulent operations. One such scheme recently spotlighted is iGenius, formerly known as Kuvera and Kuvera Global, which has been identified as a Ponzi scheme.