Exposing Tim Waider: A Decade of Ponzi Schemes, MLM Fraud, and Scamming Associates

 

Introduction My name is Danny de Hek, aka The Crypto Ponzi Scheme Avenger.

If you’ve landed here, it’s likely because you’ve come across yet another “passive income” promise from a YouTube video, a Telegram chat, or a Zoom webinar — and something didn’t feel right.

You’re not alone.

My mission is simple: to expose the bottom feeders of the MLM and crypto scam world, shame them publicly, and hopefully save everyday investors — mums, dads, retirees — from losing their hard-earned money or their kids’ inheritance to slick-talking predators. And few scammers have built such a vast portfolio of deception as Tim Waider.

What follows isn’t just a hit piece — it’s a digital paper trail. It’s the receipts, the history, and the exposed wiring of a man who has spent over a decade peddling hype, lies, and Ponzi promises under the guise of opportunity.

How I met Tim Waider This blog began with a moment of curiosity. I was fishing for active Zoom scam meetings — something I do regularly to confront promoters live and document their behavior. On this particular day, up pops a Zoom meeting featuring none other than Tim Waider. It was a small group, and users had the ability to unmute themselves.

I saw my opportunity.

I unmuted myself and called him out: “You’re a dirty scammer.” The reaction? He was stunned. We listened as he gaslighted the audience with empty words, false promises, and classic MLM lingo. After the Zoom meeting ended, I did what I always do — I started researching.

To my surprise, I hadn’t come across Tim before in any previous live sessions. This was my maiden voyage into his world, and what I found shocked me. This wasn’t just a one-off promoter. This was a full-time scam artist with a digital resume of deception.

That video — my first encounter with Tim — is embedded below. Consider it Exhibit A.

Who is Tim Waider? Tim Waider is a Ukrainian-born online marketer who carved out his niche on YouTube in the late 2010s, peddling low-effort “get rich from home” videos. Titles like “Make $100 a Day Just by Walking” and “Copy-Paste Videos to Earn Online” littered his channel, baiting viewers with the fantasy of fast, effortless cash.

But Waider didn’t stop at clickbait. Over the years, he evolved into something far more dangerous — a serial promoter of Ponzi-style investment schemes, crypto arbitrage scams, and MLM-driven vaporware platforms.

He isn’t the creator of these platforms — he’s the mouthpiece. The recruiter. The commission-chaser. The guy who shows you how to make a “live deposit,” withdraw a few USDT, then leaves when the scheme collapses.

The long list of scams Tim Waider has promoted Below is a growing index of all known platforms Tim Waider has endorsed, promoted, or hosted events for. Many of these collapsed. All of them had serious red flags.

• BEpic – Marketed as a health and wellness MLM, but primarily built on recruitment commissions and dubious supplement claims.
• Boomerang – A fake “AI arbitrage trading” system exposed as a numbers reshuffling scam. Trades were simulated. Payouts were hardcoded. Promoters made the real money selling $500 licenses.
• Business Club – Presented as an elite entrepreneurial platform. In reality, it required members to pay into a Ponzi structure disguised as “business mentorship.”
• Capitalium – Collapsed crypto scam from 2023 with zero transparency. Tim promoted this alongside David Mercado.
• Cash Forex Group (CashFX) – One of the most infamous Ponzi trading scams in recent years. Tim hyped up the compensation plans and payouts long after regulatory warnings.
• Cen-trium – Collapsed scheme. Tim promoted it before admitting it was “rugged.”
• CoinMarketBull (CMB) – Claimed to use Binance’s infrastructure to pay up to 1.8% daily ROI. Promoted with false trading visuals and staged withdrawals.
• Cryptoption – Claimed to offer trading bots and mega profits. Tim hosted Q&As with so-called execs like Salman Raza. It collapsed within months.
• EtherConnect – A reboot of the notorious BitConnect. Tim played the same old tune: high APY, community events, staged transparency.
• Exby – Arbitrage scam with automated systems that never actually traded. Tim posted walk-throughs showing “profits” that never made it to users.
• FastBNB – A smart contract-based scam that lured in crypto enthusiasts. It collapsed within weeks. Waider was an early promoter.
• Fimonex – New as of 2025. Claims to pay every 4 hours. Tim’s channel is flooded with videos of live deposits, payouts, and “400K turnover in 10 days.”
• InvesableAI – Marketed with outrageous claims like “How to make $60K in 3 days.” Total fabrication. Platform had no verified trading activity.
• Legends Group – Alleged to deal in tokenized venture capital and real estate. No actual investments found. Promoted through misleading Zoom events.
• LifeMiner – Another “move to earn” crypto gimmick. Users were told they’d mine Bitcoin just by walking. Payouts dried up fast.
• LuckyApe – Meme coin scam. Waider filmed fake deposits and hyped it before disappearing.
• Maxpread Technologies – Promoted as a revolutionary tech firm. Was actually another MLM shell wrapped in crypto jargon.
• NovaTechFX – Collapsed after offering unsustainable ROI. Tim kept promoting it long after leadership vanished.
• OakSmart – His current darling. Promises 50% monthly ROI and uses buzzwords like “quantum trading” and “FinCEN-registered.” It’s fake.
• OnPassive – A long-running AI scam offering tools that never worked. Waider promoted it and later claimed they owed him money.
• Orion Finance – Bundled in his “top passive income” picks, but had zero clarity on how funds were used.
• Paidverts / TrafficMonsoon – Early click schemes that paid based on recruitment. Heavily flagged as pyramid systems.
• Prosper365 – Membership-based income game. Revolved around paying for access to locked “income plans.”
• Quopi – Marketed as a prelaunch arbitrage bot. Promised up to 2.8% daily. Collapsed like all the rest.
• ShaoBank – Platform with zero transparency. Hosted in giveaways and webinars by Tim.
• SocialBoosters – Claimed users could earn by sharing content. Ultimately just funneled users into ad fraud schemes.
• Torexo Finance – Supposedly offered real estate trading profits. Classic MLM cash flow model underneath.
• Tradixis – Promoted via an AMA with fake co-founder Louis Girard. Collapsed fast.
• TradeTribe – Rebranded version of Capitalium. Tim didn’t even change the sales pitch.
• VexoTrade – New in 2025. AI-powered trading promises with no license, no audit, and no transparency.
• Vortic United – Banned in multiple countries. Tim’s still got walkthrough videos online.

The company Tim keeps: known scam associates

• Trader Jake – Often seen in Telegram groups and video comments. Believed to operate recruitment funnels.
• Josh Berman – Texas regulators issued a cease and desist for securities fraud. Promised up to 70% monthly ROI.
• Brian Rhodes – Chronic scam promoter. Appears on scam warning lists across multiple watchdog sites.
• Sean Kelly – Former stockbroker convicted of securities fraud. Stole over $1.4 million from clients.
• David Mercado – Co-promoter of Capitalium and TradeTribe. No transparency, no accountability.

How Tim Waider deceives his audience

1. Lifestyle bait – Tim sells a dream: beach life, crypto freedom, daily payouts. It’s all staged.
2. Fake transparency – “Live” deposits, withdrawals, screen shares — all selectively recorded or done with house funds.
3. Referral bonuses – Every platform he promotes uses an MLM-style system. He gets paid when you sign up.
4. Staged testimonials – Regularly features excited participants reading from scripts or fake screenshots.
5. Giveaways and deposit matches – Used as bait to hook new victims into investing before they’ve done research.

Why this blog exists Because people are losing money.

Tim Waider is not harmless. He’s not a hustler grinding to make a living. He is knowingly, repeatedly, and strategically funneling everyday people into financial traps that benefit him and his network.

This blog exists to document, archive, and publicly shame Tim Waider and everyone enabling him.

Final thoughts To Tim Waider: you’ve made thousands from commissions. You’ve watched platform after platform vanish. You know what you’re doing.

To his followers: it’s not your fault for believing him. It’s your job now to walk away.

To regulators: here’s your evidence.

To the next scam victim: share this blog, report the schemes, and stay alert.

We see you, Tim. And we’ll keep exposing you.

— Danny de Hek, The Crypto Ponzi Scheme Avenger