Willi Morant, operating from Dubai, has relaunched a collapsed 2019 cryptocurrency Ponzi scheme under the new name GlamJet Nova. The operation, previously known as My Crypto Consult, now preys on investors by selling fabricated "crypto nodes" promising passive returns paid in GLAM tokens. Website traffic data shows a significant uptick in visits to the scheme's domain, glam-partner.com, coinciding with the launch of this new fraud.
The glam-partner.com domain was registered or renewed on February 20th, 2025. Internet archives indicate the site was previously listed for sale in 2022. This suggests the domain was acquired specifically for the current fraudulent enterprise. Potential investors are not shown the price of these nodes upfront. Instead, they are prompted to fill out a registration form and await direct sales pitches. This tactic mirrors classic securities fraud, cloaked in the language of blockchain technology.
GlamJet Nova, like its predecessor, operates without registration from any financial regulatory body. The original My Crypto Consult operation has also simplified its investment structure. It now offers only two entry points: $100 for 10,000 GLAM tokens or $1,000 for 100,000 tokens. This reduction from the original four investment tiers indicates a streamlined approach to the scam.
Willi Morant is identified as the sole operator behind My Crypto Consult, GlamJet, and GlamJet Nova. Morant is a German national reportedly residing in Dubai. Dubai is ranked by anti-fraud organization BehindMLM as a global hub for multi-level marketing crime. The organization’s assessment is stark: any MLM pitch originating from Dubai, or claiming ties to the city, should be considered a scam.
Morant’s operation failed once before. Instead of ceasing operations, it has rebranded, acquired a new domain, and is now targeting new victims. The product has shifted from tokens to nodes, but the underlying fraudulent mechanics remain the same. The recent increase in website traffic suggests this rebranding strategy is proving effective.
Investors face the same risks as with the original scheme: a complete absence of regulatory oversight, no transparency regarding promised returns, and operators actively concealing their identities and locations. The only alteration is the updated marketing language, which now incorporates blockchain and passive income concepts, appealing to retail investors seeking quick wealth.
Investors who have lost money to My Crypto Consult or GlamJet Nova should contact their local financial regulatory authority and consider filing a police report.