After recovering from losing its website a few months ago, Elevate Pass has collapsed again. This time the reason is financial, with CFO Mark Verdellen cashing out and doing a runner. Rather than just admit they’ve run out of invested funds to pay out, Elevate Pass has framed Verdellen’s exit-scam as financial mismanagement. Appearing in [Continue reading…]

Source: Elevate Pass Ponzi collapses again, Mark Verdellen cashes out