Validus, launched in 2021, presented itself as a financial education and trading academy. The company operated on a multi-level marketing (MLM) model, selling membership packages that ranged from $50 to $10,000. It promised members weekly "rewards" of 2-3%, claiming these returns were generated from its activities in cryptocurrency and forex trading. However, numerous global financial regulators have identified it as a fraudulent pyramid and Ponzi scheme, where returns were paid using funds from new investors rather than legitimate profits. In August 2023, the U.S. SEC charged the company and its leadership with fraud, leading to the collapse of its operations.

Founded in

Australia