The GreenChoyce Ponzi scheme has collapsed again.
The former Crowd1 Ponzi scammers behind the scam have rebooted as Eco and Greenchoyce, this time targeting the Philippines.
GreenChoyce appears to have collapsed on or around November 2021.
Eco and Greenchoyce’s website domain, “ecoandgreenchoyce.com”, was privately registered on April 2nd, 2022.
Eco and Greenchoyce’s official FaceBook page was created on April 10th, marking the launch of the reboot later in the month.
Having flopped re-scamming Vietnamese Crowd1 victims…
…Eco and Greenchoyce is now targeting the Philippines.
Note the June 2022 date of that video and “only now opening in Asia” claim. The footage is actually from March:
Eco and Greenchoyce is fronted by Renze Deelstra (below), although he’s not mentioned anywhere on the company’s website.
Deelstra is a serial promoter of Ponzi schemes. Deelstra recently made a name for himself as a top earner in the Crowd1 Ponzi scheme.
Deelstra was terminated from Crowd1 in early 2021. This prompted him and some of his Crowd1 downline to launch NewChoyce.
Originally from the Netherlands, Deelstra fled to the Philippines. This is likely behind the latest reboot targeting the country.
NewChoyce saw Deelstra and his Crowd1 downline attempt to create their own “Choyce tokens” Ponzi spinoff.
NewChoyce collapsed after a few months and was rebooted as GreenChoyce in August 2021.
Greenchoyce lasted four or five months, and now we have Eco and Greenchoyce.
While the end-goal has always been the Choyce token Ponzi scheme, there’s no mention of tokens on Eco and Greenchoyce’s website.
For now Eco and Greenchoyce is operating as a pyramid scheme.
Eco and GreenChoyce affiliates pay $50, $499 or $999 to join the company. MLM commissions are paid on recruitment of new affiliates.
To mask the pyramid scheme you have
- Car Pill – a fuel tab that was the ruse behind the original NewChoyce token Ponzi
- Green Light – LED light bulbs
- Green Vizion Travel – a discount travel booking portal and
- Skin Care – white labeled personal care products made by who knows who, sourced from who knows where
One potential reason for hiding the Choyce token scheme is the Philippines SEC. They’re one of the more active non-US securities regulators.
Assuming Choyce token hasn’t been completely abandoned (sorry for your loss Vietnam), the plan seems to be build the pyramid side of the business up and then reintroduce the token scheme.
Ultimately, regardless of whether Eco and Greenchoyce stays a pyramid scheme or reintroduces Ponzi tokens, math guarantees the majority of participants will lose money.