Futurenet
Europe
FutureNet scammed thousands through an MLM crypto scheme before its founders fled prosecution. While Morgenstern awaits extradition, Ziemian remains on the run, exposing the challenges of global financial crime enforcement.
1.5/5
Trust Score
Composite score based on public data signals and verifiability indicators.
2
Red Flags
The dossier on Futurenet has been compiled using publicly available sources including court records, regulatory filings, corporate registries, archived media reports, and other verifiable documents. Research is conducted in collaboration with journalists, OSINT analysts, researchers, and citizen contributors.
The information presented is provided for informational and research purposes only and does not constitute legal advice or a legal determination regarding Futurenet. We welcome credible evidence, corrections, or additional documentation that may help improve the accuracy and completeness of this record.
Created: February 28, 2025 • Updated: September 5, 2025
FutureNet, a platform that emerged in 2014, has been the subject of multiple allegations and legal actions across various countries. Initially marketed as a digital advertising and cryptocurrency investment opportunity, it has faced scrutiny for operating as a multi-level marketing (MLM) scheme and for its involvement in fraudulent activities.
Legal Actions and Arrests of Founders
Roman Ziemian, co-founder of FutureNet, was arrested in Montenegro in 2024 under suspicion of orchestrating a $21 million fraud. He is facing international arrest warrants from Poland and South Korea for defrauding investors.
Regulatory Warnings and Investigations
In 2020, South Korean authorities initiated an investigation into FutureNet after complaints from approximately 950 victims who reported losses totaling 16 million euros. This investigation underscores the serious concerns regarding the company’s operations.
Allegations of Fraudulent Activities
FutureNet has been accused of operating a Ponzi scheme, where returns to earlier investors were paid using the capital of newer investors. The company sold digital advertising packages and a cryptocurrency, FuturoCoin, which have been linked to fraudulent activities.
Involvement in Cryptocurrency Scams
FutureNet launched FuturoCoin in 2018, claiming to be a digital currency based on an extended version of the Dash code. However, the currency crashed in 2018 and had an unsuccessful relaunch effort in 2019, leading to allegations of it being a cryptocurrency scam.
Ongoing Legal and Financial Risks
The legal actions against FutureNet’s founders and the company’s operations have resulted in significant financial risks for investors. The ongoing investigations and legal proceedings continue to pose challenges for the company’s reputation and financial stability.
Summary
FutureNet has been implicated in multiple allegations of fraud, regulatory violations, and legal actions across various countries. The company’s founders have faced arrests and investigations for their roles in orchestrating fraudulent schemes.
Compliance and Regulatory Intel
| Risk Category | Assessment Question | Status |
|---|---|---|
| Liabilities | Does have any significant outstanding liabilities that may pose financial risks? | Not Known |
| Undisclosed Relations | Are there undisclosed business relationships or affiliations linked to ? | Not Known |
| Sanctions or Watchlist Matches | Is listed on any international sanctions or compliance watchlists? | Possibly Yes |
| Criminal Record | Does have a record of criminal activity or related investigations? | Not Known |
| Civil Lawsuits | Are there civil lawsuits, past or present, involving ? | Not Known |
| Regulatory Violations | Has faced regulatory violations or penalties? | Definitely Yes |
| Bankruptcy History | Has filed for bankruptcy or been involved in any bankruptcy proceedings? | Not Known |
| Adverse Media Mentions | Have there been significant adverse media mentions related to ? | Possibly Yes |
| Negative Customer Reviews | Are there negative reviews or complaints from customers or clients about ? | Not Known |
| High-Risk Jurisdiction Exposure | Does operate within or have exposure to high-risk jurisdictions? | Not Known |
| Ongoing Investigations | Is currently subject to any ongoing investigations? | Not Known |
| Fraud or Scam Allegations | Have there been fraud or scam allegations involving ? | Not Known |
| Reputational Risk Incidents | Have there been incidents significantly impacting ’s reputation? | Possibly Yes |
| High-Risk Business Activities | Is engaged in any high-risk business activities? | Possibly Yes |
Our Research Methodology
Sources, verification, and research standards behind our reports.
Public Records Review
LegalObserver analyzes verifiable public records including court filings, regulatory disclosures, enforcement actions, corporate registries, and government databases. Each entry links to original documentation whenever possible to allow independent verification.
Court Filings & Litigation
We examine civil, criminal, and regulatory proceedings involving the subject. This includes lawsuits, judgments, settlements, injunctions, and other documented litigation history obtained from court databases and legal archives.
Corporate & Ownership Data
Corporate filings, director records, shareholder disclosures, and beneficial ownership data are reviewed to identify business affiliations, control structures, and related entities.
Regulatory & Compliance Records
We review enforcement notices, regulatory actions, sanctions listings, compliance warnings, and disciplinary records issued by financial, governmental, and professional authorities.
Media & Archive Research
Coverage from established news organizations, investigative journalism outlets, and archived publications is analyzed to document historical reporting and public narratives associated with the subject.
OSINT Intelligence
Open-source intelligence techniques are used to gather and cross-reference information from publicly accessible sources including corporate registries, official disclosures, archived webpages, and investigative databases.
Censorship & Takedown Monitoring
LegalObserver documents verified attempts to suppress or remove public information, including questionable copyright claims, takedown notices, or legal threats directed at publishers or archives.
Risk & Context Analysis
All verified information is evaluated for context and relevance. The goal is to present documented facts, legal developments, and historical records in a structured format that helps readers understand potential legal, reputational, or compliance risks.
Internet Archives and Screenshots
About us
- LegalObserver publishes investigative dossiers compiled from publicly available sources including court records, regulatory filings, corporate registries, and archived media reports.
- Our research is conducted in collaboration with journalists, OSINT analysts, researchers, and citizen contributors who review and cross-reference verifiable information.
- We publish information for research and public interest purposes and welcome credible evidence, corrections, or additional documentation that may improve the accuracy of our records.
Source of Information
Access the Full Intelligence Network
Create a free account to unlock extended dossiers, investigation updates, archive records, and community intelligence. Upgrade for advanced research tools, alerts, and premium investigative reports.
Upgrade to Pro for $10/month
Oren Shabat Laurent
Tel Aviv, Israel
Intel Reports
3
Trust Score
2.1
Coinbase
Wilmington, Delaware
Intel Reports
0
Trust Score
1.9
User Feedback
Public feedback and intelligence submitted by readers and researchers
2.2
Average Ratings
Based on 6 Ratings
Add Feedback
Your feedback helps improve our platform and service
The CEO ran the company into the ground and did jail time for bribery. Morale hit absolute rock bottom before I left the company
FutureNet promised a better future, but all they did was leave people worse off. They preyed on people's hopes, especially those who were struggling to make ends meet. I can't believe I fell for it.
The company is currently going through a change to FutureNet 2.0, which has already been in place for four months and is now also updating the back office. All these changes are for good, but the delay in being 100% generates in the users a discontent and insecurity
The CEO ran the company into the ground and did jail time for bribery. Morale hit absolute rock bottom before I left the company
The company is currently going through a change to FutureNet 2.0, which has already been in place for four months and is now also updating the back office. All these changes are for good, but the delay in being 100% generates in the users a discontent and insecurity
I believed in FutureNet because they sold this dream of financial freedom. I convinced friends and family to join too... now we've all lost everything. These scams don't just take your money – they destroy relationships and trust.