Scams Radar

FBI Seizes BG Wealth Sharing Domain in Major Crypto Ponzi Crackdown

BG Wealth Sharing logo associated with scam warning issued by Central Bank of Samoa

The FBI, along with the DOJ and US Secret Service, has seized the original domain of BG Wealth Sharing, a well-known “click a button” app Ponzi scheme.

Visitors to bgwealthsharing.com now see an official seizure notice. DNS records confirm the domain was taken on April 23, 2026.

DOJ Charges Chinese Nationals Behind the Scam

On the same day as the domain seizure, the US Department of Justice announced criminal charges against two Chinese nationals: Jiang Wen Jie (aka Jiang Nan) and Huang Xingshan (aka Ah Zhe).

Both men operated a fraudulent cryptocurrency investment compound in Burma (Myanmar) from early 2025 until late 2025. They later fled to Thailand, where they were arrested on immigration charges. It remains unclear if they will be extradited to the United States.

The DOJ claims these actions are part of a larger operation that has seized over $700 million linked to Chinese-run “click a button” app Ponzi schemes and other crypto investment frauds.

BG Wealth Sharing Scam Timeline

  • The BG Wealth Sharing domain was registered on January 14, 2025.
  • The main scam compound in Burma was shut down in December 2025.
  • However, the scheme continued defrauding victims until it collapsed in late April 2026.
  • Criminal charges were filed in the District of Columbia, matching the court that issued the domain seizure warrant.

Main Recruitment Hotspots

BG Wealth Sharing primarily targeted victims in the United States, Tonga, and Samoa. Known recruiters include:

  • Chanse Carlson (Utah)
  • Latanya Jones (Georgia)
  • Thaddious Thomas (Texas)
  • Mark and Kim Brown (Oklahoma)
  • Faiana Makahununiu Brown (Utah/Washington)
  • Mau Hunt Kota (Samoa)

What Happened After the Collapse?

Following the collapse and domain seizure, many promoters have shifted to similar schemes like Swift Wave Capital and other clone “click a button” apps.

The original BG Wealth Sharing operation is believed to be still partially active through accomplices of the charged Chinese operators. They continue using AI-generated personas, such as the fake CEO “Professor” Stephen Beard.

New Domains Still Being Used

Even after the main collapse, scammers are quickly creating new domains to attract fresh victims. Recent examples registered on April 25, 2026 include:

  • yzzq919.cc
  • yzzq657.cc

These sites serve only as download funnels for the mobile app. Once users join the app, all communication and operations move inside it.

Why These Scams Keep Spreading

“Click a button” app Ponzis rely on rapid domain changes — often every 1–2 days — to stay ahead of takedowns. Victims are isolated inside the app, making it harder to spot the fraud early.

Google plans to introduce stronger security features against sideloaded Android apps in September 2026. This may help reduce new scams, but authorities still struggle to stop operators based in overseas scam compounds.

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