The Bank of Russia has issued a pyramid scheme notice to Appi Travels.
Following an internal examination, the Bank of Russia declares that Appi Travels shows “evidence of a pyramid scheme.”
On October 22nd, the Bank of Russia issued a fraud alert about Appi Travels.
Danny Gauthier, a Canadian native, runs Appi Travels.
Since 2016, BehindMLM has evaluated Appi Travels three times.
Appi Travels’ original incarnation was a pyramid scam. A bitcoin giving method was used in the second version.
Appi Travels was reintroduced as a full-fledged pyramid Ponzi hybrid in the most recent version we examined in 2019.
The number of Russians who participate in Appi Travels is unclear.
2nd July 2022 – Update Appi Travels has gone bankrupt. Danny Gauthier has taken the company’s website down as of June 30th.