Obtanix, an MLM operation promising investors weekly returns of 2.5% to 5% over 75 weeks, operates with deliberately hidden leadership. This lack of transparency is a critical warning sign for potential participants.
The supposed CEO, Alvey Gomer, does not appear in any online records. Domain registration details from August 2016 name Darin Hadwin of Copenhagen as the owner, yet Hadwin himself is similarly absent from public searches beyond the registration information. These disappearances are not accidental; they are deliberate attempts to obscure the true operators.
Analysis of Obtanix's website traffic reveals a strong concentration of visitors from India, accounting for 61% of users, with a significant portion also coming from Bangladesh. Further clues emerge from untranslated FAQ questions left in Indonesian and a 2018 Upwork job posting that listed the company's location as Jakarta, Indonesia. These indicators strongly suggest the operation is based in South Asia, despite efforts to conceal this fact.
The definitive link to illicit activity emerged in June 2021. A video surfaced showing Tarun Trikha, the founder of TVI Express, a notorious pyramid scheme that defrauded millions, appearing as CEO at an Obtanix event in New Delhi. Trikha's involvement points to Obtanix being his first venture into MLM cryptocurrency fraud following the collapse of TVI Express. Multiple criminal investigations are ongoing against him.
Obtanix lacks any tangible product. Affiliates are not selling goods or services; they are selling memberships in Obtanix itself. Investors are required to contribute a minimum of $100, with a maximum of $10,000, and receive "xen points" that hold no actual value. A mandatory clause requires half of any weekly returns to be reinvested into the company. This structure ensures that payouts are entirely dependent on a continuous influx of new investor money.
The compensation plan heavily incentivizes recruitment. Participants receive a 5% to 10% commission based on the investment amount of any new investor they bring into the scheme, with the exact percentage determined by the recruiter's own investment tier. Even those at the "Basic" tier, who contribute their funds, see portions of their promised returns diverted upwards to those above them in the recruitment hierarchy. This is a classic characteristic of pyramid scheme operations.
The promised returns represent an unrealistic financial fantasy. A 2.5% weekly return, compounded over 75 weeks, translates to a total gain of 187.5%. The highest promised return reaches 375%. No legitimate investment vehicle can consistently deliver such figures. The financial model is only viable if Obtanix can perpetually attract new recruits to fund payments to existing investors, a model that is inherently unsustainable.
Years after its launch, most participants in Obtanix have likely lost money. The company continues to operate in secrecy, relying on anonymity and the desperation of individuals seeking rapid financial gains.
Potential investors should consider a fundamental question: Why would any legitimate business go to such lengths to hide its leadership and ownership? The answer is consistently the same: because transparency would reveal the fraudulent nature of the operation. Investors who have lost money may find resources for reporting investment fraud through their national securities regulator.