A scandal has settled on the company Generación Zoe when it is allegedly accused of being a pyramid.
The inquiries began in Argentina and led the authorities to request an Interpol circular against Leonardo Cositortodirector of the organization, for the crimes of fraud and illicit association.
The investigations led to the capture of more than 10 people in Argentina and the inspection of another 10 limited companies that were incorporated under the name of Zoe.
The website of the company is presented under the motto of “Study and invest in your future with Zoe. Your best opportunity is here. Earn money and learn trading with us”.
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How does it work?
In audios released by the station ‘W Radio’, the plans and the service they provide in Colombia were known. Depending on the environment, a person can enroll to studyfor example, ontology, digital marketing, neuroscience, English, and any of the other 30 deepenings they have.
Generation Zoe is doing different things because they support you in the studio
To study, an investment of about 500 dollars (almost 2 million Colombian pesos) is made and the person can receive earnings of 7.5% monthly. After three years, 100% of the initial investment would be recovered.
“If you refer people to you, they remain as a bonus. It is not mandatory”, said a company official, who was recorded by ‘W Radio’.
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“Generación Zoe is doing different things because they support you in the studio. It’s kind of unique. (…) Here in Colombia they pay the DIAN billions a year for the issue of moving accounts, so the banks and the government do not want them to do very well”added the woman.
The company offers education in 30 deepenings.
What does the company answer?
The company is estimated to have a business value of $1 billion.
“If they think I’m going to be afraid of a judge, they have no idea who they’re dealing with,” he said. Leonardo Cositortothe director, in a Zoom conversation reviewed by ‘La Nación’.
For its part, Christian Bonillaadministrative director of the Zoe Foundation in Colombia, described the accusations of fraud as a “slightly media campaign,” he said on ‘W Radio’.
In addition, he emphasized that the company is divided into two fields: investments -for example, in cryptocurrencies- and study.
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“The theme of the study is that we have a strategic alliance with universities. When they study ‘coaching’ they receive educational aid with some benefits (…)”, she commented.
“The company has all the capital. The company is estimated to have a business value of $1 billion,” he added.
Yes indeed, He accepted that there was a delay in payments to people due to the blocking of accounts in different countries, but that despite this, according to him, there would be nothing illegal.
“We keep moving forward. Users can have peace of mind to respond to them and reactivate activities”, she concluded.
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