Seedchange scammers launch 3rd Ponzi

Back in 2020 scammers launched the Seedchange Ponzi scheme.

Seedchange the MLM Ponzi impersonated Seedchange Execution Services, which caught the attention of California’s Department of Financial Protection.

This prompted a domain name change, but otherwise Seedchange continued until it collapsed in late 2021.

Seedchange’s collapse coincided with the SEC adding the fraudulent investment scheme to its PAUSE list.

On or around December 2021, Seedchange rebooted as Yosemite EP. From what I can tell Yosemite EP collapsed in early to mid 2022.

Now the same scammers appear to be back with Yosemite AP.

Yosemite AP operates from the domain “yosemite-ap.com”, privately registered on June 28th, 2022.

No verifiable information about who owns or operates Yosemite AP is provided on their website. The same fictional executive team from Seedchange and Yosemite EP is recycled.

Yosemite AP’s website source-code suggests Russian speakers might be behind the company:



This unfortunately isn’t definitive but typically nobody outside of Russia uses Yandex.

Another breadcrumb is Yosemite AP’s website being put together by Softnio.

Softnio is a web development company based out of Bangladesh. This potentially weakens the Russian connection to Yandex, as it might just have been used for convenience.

In the “about us” section of Yosemite AP’s website, we get a load of baloney about regulatory compliance.

Yosemite AP is an investment platform that was established in 2012 in San Francisco.

Securities are offered via Yosemite Execution Partners, Inc., a broker-dealer registered with the SEC USA and FINRA | SIPC.

The SEC has already investigated Seedchange’s and Yosemite EP’s purported ties to Yosemite Exchange Partners (an actual company).

Not surprisingly, neither Seedchange or Yosemite EP have anything to do with Yosemite Exchange Partners. Neither does Yosemite AP.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Yosemite AP’s Products

Yosemite AP has no retailable products or services.

Affiliates are only able to market Yosemite AP affiliate membership itself.

Yosemite AP’s Compensation Plan

Yosemite AP affiliates invest funds on the promise of advertised returns:

  • JMW Farms – invest $200 or more and receive 0.55% a day for 290 days
  • Henry Streeter Sand & Ballast – invest $100 or more and receive 0.55% a day for 280 days
  • Moxon Farms – invest $1800 or more and receive 0.6% a day for 254 days
  • St. Nicholas Court Farms – invest $18,000 or more and receive 1.4% a day for 147 days
  • BrightRock Gold Corporation – invest $50,000 or more and receive 1.85% a day for 155 days
  • Xanodyne Pharmaceuticals – invest $12,000 or more and receive 1.2% a day for 175 days
  • XT-Energy Group – invest $5000 or more and receive 0.85% a day for 230 days
  • Ashmarden Limited – invest $3000 or more and receive 0.75% a day for 215 days
  • Legacy Measurement Solutions – invest $10,000 or more and receive 1.05% a day for 165 days
  • Serene Fishing Company – invest $2000 or more and receive 0.55% a day for 255 days
  • Energotek – invest $8000 or more and receive 1.05% a day for 170 days
  • Tempus Applied Solutions – invest $30,000 or more and receive 1.4% a day for 147 days
  • Lakes Oil NL – invest $2000 to $1,000,000 and receive 3% a day for 7 days

Note that I’ve presented Yosemite AP’s investment plans as they appear on its website. All but the last plan appear to be filler fluff.

On the MLM side of things, Yosemite AP pays referral commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

Yosemite AP caps payable unilevel team levels at four.

Affiliates are paid a percentage of funds invested across these four levels as follows:

  • level 1 (personally recruited affiliates – 10%
  • level 2 – 6%
  • level 3 – 4%
  • level 4 – 2%

Joining Yosemite AP

Yosemite AP affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $100 investment.

Yosemite AP Conclusion

Yosemite AP is a clone of Yosemite EP, which was a close of Yosemite EP.

The Ponzi ruse is investment in fictional copies of actual companies. Not surprising seeing as both Seedchange and Yosemite EP and AP are also fictional adapations of actual companies.

Needless to say all Yosemite AP are doing is recycling newly invested funds to pay off existing investors.

As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.

This will starve Yosemite AP of ROI revenue, eventually prompting a collapse.

The math behind Ponzi schemes guarantees that when they collapse, the majority of investors lose money.

For evidence of this, look no further than Seedchange and Yosemite EP. Yosemite AP will end in exactly the same manner.



Previous Post Next Post