Forcount Review (2026): The Crypto Scheme That Promised to Double Your Money

Forcount in One Minute

Forcount, later called Weltsys, presented itself as a crypto mining and trading company. Promoters promised guaranteed daily returns and that investments would double within six months. Federal prosecutors say it was a Ponzi scheme; in October 2024 a senior promoter was sentenced to 20 years in prison.

How It Was Pitched

Promoters held events and online sessions promising daily income from mining and trading. Later, investors were offered Mindexcoin tokens, which prosecutors say were essentially worthless.

Why Promises in Your Language Need Checking

Forcount reached many people through promoters who spoke their language and shared their background, while official warnings were often only in English. If an investment is pitched in Spanish or another language, look for regulator resources in that language too; the SEC's Investor.gov has Spanish-language guides, and state regulators can answer questions by phone.

How Forcount Was Promoted

Forcount spread through promoters who held expos and online sessions, mainly in Spanish-speaking communities in the U.S. and Latin America. They showed success stories and luxury lifestyles and promised guaranteed daily returns. Prosecutors say promoters knew the company wasn't trading or mining and kept recruiting anyway.

What Prosecutors Proved

The DOJ says Forcount did no trading or mining. Victim money paid earlier victims, funded promotions and enriched promoters. Payments stopped by about 2021, and most victims lost everything. The promoter sentenced in 2024 was ordered to forfeit about $3.6 million and a Florida home.

The Token Switch

When payouts stall, schemes often offer a new token in place of cash. Accepting a company's own coin instead of a withdrawal usually locks in losses.

Red Flags It Showed

• "Double your money in six months"
• Guaranteed daily returns
• Payouts replaced with a new token
• Community events with pressure to join

What Forcount Teaches About Checking an Offer

1. Treat "double your money in six months" as impossible.
2. Ask for proof of the mining or trading.
3. Be cautious when payouts switch to a new token.
4. Check promoters' claims with regulators, in your language.
5. Never invest more after withdrawals slow.

See the patterns across 12 real cases in our crypto Ponzi scheme red flags guide.

If You Invested in Forcount

Prosecutors have secured forfeitures and restitution orders against promoters. Keep records and watch for official Justice Department notices about victim compensation. Be wary of anyone offering to buy your Mindexcoin or recover funds for a fee. Report losses to the FBI's Internet Crime Complaint Center and the FTC.

A Steadier Way to Protect Savings

Schemes like this prey on people looking for fast returns. Some savers prefer slower, tangible assets for part of their retirement money. Our top pick, Augusta Precious Metals, offers a free guide to the sales tactics retirement savers should watch for; our budget pick Noble Gold offers a free economic-crisis guide. Precious metals carry their own risks and costs.

Was Forcount Legit?

No. Federal prosecutors say it was a Ponzi scheme, and a senior promoter received the statutory maximum of 20 years.

Pros and Cons

Frequently Asked Questions

Our Verdict on Forcount

"Double your money" and a token instead of cash: two clear signs to leave.

Precious metals prices can fall as well as rise, and a gold IRA carries setup, custody and storage fees. This page is general information, not financial, tax or legal advice. Consider speaking with a licensed financial professional before moving retirement savings.