Florida Realtor Runs $1 Billion Crypto Scam

In this video we analyze a massive crypto ponzi scheme called NovaTech.



#Wallstreetmillennial

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Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0
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0:00 - 1:18 Intro
1:19 - 9:20 AWS Mining
9:21 - 11:50 NovaTech
11:51 - 14:03 Promoters
14:04 Collapse

[ktktktktktktkt]

The red flag was that she's a realtor living in Florida.

[harry]

I’m surprised Amazon didn’t sue them because of the name.

[ANCD-id]

I remember a friend referred me to this and also my Uber driver I tell both of them it’s only about time it’s fraud

[JohnSmith-unjm]

The people who lost money in the scam were probably relieved to have lost the extra money that they had.

[iamsacredtransformations]

Its digusting that she has gotten away with this!!!!

[JizzMasterTheZeroth]

At some point you just become apathetic to the people who keep falling for this sort of nonsense. I must've reached that point ~5 years ago.

[jking]

The first fucking sentence saying it was an AI daytrading firm was all i needed to hear 😂

[zking]

I don't understand who looks at 400% returns and says, "I'm in."

[tadr]

Calling it AWS Mining was 100% on purpose, hilarious

[thisisnttwitterwtf]

The fact that she leaded with “I don’t have the patience for trading” should tell you everything you know

[nkugwamarkwilliam]

Quick guide for finding tech-related scams :

One: Use a name that sounds too similar to an already established company

Two: People whose background clearly lacks experience in the field or work experience

Three: Talk more about the money rather than the technology ( trust me tech people love talking about the tech not money)

Four (hard for people not in tech to see): Logic never adds up ( use the wrong terminology, show little or too basic of an understanding of what they are dealing with like saying all blockchain-related tokens are mined)

Five: Avoid technical podcasts about that subject the keyword is technical

[p.d.stanhope]

"Instead of being a victim of a ponzi scheme, she would create a ponzi scheme instead." That's the spirit!!!! Where the sucker becomes a mug. 🤣

[Tie]

"I'm bad at trading. Invest with me!" 😂

[BSJinx]

They knew there was a scam going on, but figured they were getting in on the ground floor.

[baileywalsh]

Thanks for keeping us updated! I feel sympathy and empathy for our country. low income people are suffering to survive, and I appreciate Victoria Anne Leonard. You've helped my family with your advice. imagine investing $30, 000 and receiving $95, 460 after 28 days of trading.

[UrbanApparel]

Money is a very addicting drug ... scammers are everywhere this days .

[TheHarshil]

This is a classic pyramid scheme and people still fall for it. A billion dollars is insane. Goes to show theres always someone that can be scammed

[scottparker]

What the fuck are these zoom meetings 😂

[kwamebushman]

It seems like only scammers and crooks are winning right now in America. It makes me wonder why I’m working so damn hard the honest way, and barely getting by 😅

[ROMANTIKILLER]

The sheer number of red flags that this venture raised were enough to drive a team of bulls crazy.