forsage

PORTLAND, Ore.— A Ukrainian national was extradited from Thailand to the United States last Friday to face charges for her role in a global Ponzi and pyramid scheme.
Olena Oblamska, 42, has been charged with conspiracy to commit wire fraud.
According to court documents, Oblamska and her co-conspirators advertised Forsage as a decentralized matrix project based on network marketing and “smart contracts,” which are self-executing contracts on the blockchain. The defendants falsely promoted Forsage to the public as a legitimate, low-risk, and lucrative investment opportunity through Forsage’s website and various social-media platforms, but, in reality, the defendants operated Forsage as a Ponzi and pyramid investment scheme that took in approximately $340 million from victim-investors around the world.
Consistent with a Ponzi scheme, as soon as an investor invested in Forsage by purchasing a “slot” in a Forsage smart contract, the smart contract automatically diverted the investor’s funds to other Forsage investors, such that earlier investors were paid with funds from later investors.
Oblamska made her initial appearance in federal court yesterday before a U.S. magistrate judge. She was arraigned, pleaded not guilty, and ordered detained pending a 4-day jury trial scheduled to begin on July 14, 2026.
If convicted, Oblamska faces a maximum sentence of 20 years in federal prison, 3 years of supervised release, and a fine of $250,000.
U.S. Attorney Scott E. Bradford for the District of Oregon made the announcement.
The FBI Portland Field Office, U.S. Secret Service, HSI New York, and HSI Bangkok are investigating the case. Trial Attorneys Sara Hallmark and Tian Huang of the Criminal Division’s Fraud Section and Assistant U.S. Attorneys Katherine A. Rykken and Meredith Bateman are prosecuting the case.
The Justice Department’s Office of International Affairs provided significant assistance in securing the defendant’s arrest and extradition from Thailand. The Justice Department thanks its Thailand law enforcement partners, including the Royal Thai Police and the Office of the Attorney General of Thailand.
Olena Oblamska, 42, aka "Lola Ferrari," has been extradited from Thailand to the United States to face charges for the Forsage crypto pyramid scheme.
The numbers:
💰 $340 MILLION raised from investors worldwide
· 📉 Over 80% of participants lost money
· ⚖️ Faces up to 20 YEARS in federal prison
Oblamska pleaded not guilty in Portland, Oregon federal court on May 12. Her trial begins July 14.
Three other co-founders, including alleged leader Vladimir Okhotnikov, remain at large.
#FORSAGE #CryptoScam #DOJ #PyramidScheme #LolaFerrari

❗️ Forsage is a No.1 decentralized platform that connects people from all over the world and provides unlimited opportunities for a brand new economy.
Why is Forsage the best on the market today?
Everything is simple! Fair Marketing and absolute transparency! You Work = You Earn.
😏 Forsage is not an investment project, but a network-type business with a clear economic model that is successfully running for 3 years.
✅ Total number of transactions: 9M+
✅ Number of addresses that interact with Forsage smart contracts: 3.5M+
All you need is an Internet connection. Forsage is open to all of you.
Maximum rewards depends on nothing but your own efforts.
#crypto2023 #BNB #BUSD #forsage #dyor