My scam/fraud/money-laundering detector goes really hard for this stuff

I love encountering this tacky and very straightforward type of illegal financial scam since it always provides a good joke, but this kind of thing can also be harmful to unsuspecting and good people.

Jessica Do Nascimento promises you to double your money if you give it to the company she works for called “Limitless Holdings“, based in Dubai and owned by an Albanian footballer called Jani Frisku. She says she is a bedroom “forex trader” (nothing of that sort exists in real life) and teaches people to become millionaire traders (she actually takes around $500 commission for every person she enrolls with a brokerage exchange). In another online video, she appraises the virtues of network marketing and how it’s not pyramid selling. Well, it’s a pity she can’t make millions trading her own money and is instead, stuck with collecting money for a relatively unknown Albanian footballer in Dubai.

I’m genuinely impressed she got this far with her grift, without the MFSA slapping her with a notice. Of course, what she is doing is illegal because she is not a certified financial advisor and she can’t sell the products she is selling. What’s good about her grift is that at least she’s alerting the authorities of a scam that has probably begun early. Also, it would be interesting to know whose money is Jani Frisku laundering in Dubai, apart from telling us how he’s using customers’ money.