Carlos Oestby Ran the MetFi Scam Allegations Fact-checked (2024)
On December 19, 2022, a private MetFi conference took place at the Address Sky View Hotel in Dubai. Known as “The Millionaire Coach” from his days at Organo Gold in network marketing, Carlos Oestby was there at the function.
Oestby left Organo Gold in 2016 to join Coinspace, a Ponzi scheme that collapsed shortly after, causing losses for many investors. Coinspace claimed to prioritize customer satisfaction but mainly made money by selling packages to recruits.
Financial authorities in Malta and Italy warned investors about Coinspace’s unauthorized operations in 2017, labeling it as fraudulent. Despite this, Oestby continued promoting the scheme, using typical network marketing jargon and buzzwords like “finding your purpose.”
MetFi, another project Oestby is associated with, is also suspected of being a scam. Many of its promoters flaunt lavish lifestyles on social media, often based in Dubai, a hotspot for MLM scams. It’s crucial to conduct thorough research before investing in such projects and not fall prey to false promises.
Carlos Oestby’s Fake DMCA Tactics Exposed
Fraudsters like Carlos Oestby are misusing Google by filing false copyright claims, which goes against the intended use of the DMCA.
These deceptive DMCA takedown notices are submitted by imposters who pretend to be copyright owners or authorized third parties. They often target websites of competitors, reporting single copyright violations to request the removal of hundreds of links.
Legitimate DMCA takedowns allow copyright owners to remove infringing content from specific web servers. However, fake requests have several red flags, such as unrelated organizations filing requests and incorrect attribution of copyright holders.
Despite Google’s efforts to block these fake requests, many slip through, posing a significant problem for the internet. Abuse of the DMCA system has long been an issue, including illegitimate takedowns by legitimate copyright holders and automated requests by bots.
The new trend of impostors posing as copyright owners to sabotage rival businesses could escalate if left unchecked, potentially leading to widespread misuse of the internet.
