BoosterCorp.ai has been loudly marketed as “the next Google”, a revolutionary AI ecosystem with apps, merchant tools, and a world-class developer base.

Its CEO, Matjaž “Matt” Ferk, tells recruits they’re witnessing a once-in-a-lifetime ground-floor opportunity.

But behind the hype, the contradictions keep piling up. On 13 August 2025, we published an extensive Report exposing Booster’s MLM-style compensation plan, questionable refund policies, and reliance on rebranded third-party software. At the time, we called for whistleblowers. They’ve come forward — and the picture is even uglier than we imagined.

This blog lays out insider testimony alongside our independent findings.

Inflated Numbers and Manufactured Hype

Whistleblower:

“They posted a TikTok, paid a small boost, and got around 7,000 views. In the Zoom call, Matt claimed those were 7,000 people messaging to join. That was when I realised how quickly they were willing to lie.”

Yet in a more recent Zoom meeting, Matt admitted only about 3,000 signups — supposedly 60% American. The math doesn’t add up. Inflating engagement numbers is a classic tactic: create the appearance of unstoppable momentum, then sell the hype.

Weaponising FOMO and Buzzwords

Whistleblower:

“Insane amounts of manipulation and psychological tricks were used to lure people in, completely abusing those susceptible to FOMO and buzzwords.”

This is textbook MLM psychology: urgency, scarcity, “ground floor” energy, and a fog of jargon (AI, Web3, “world-first”) to shut down critical thinking.

The “AI Validation” That Wasn’t

Whistleblower:

“Matt shared his ChatGPT screen live as if it were giving an objective verdict on Booster. What the Zoom couldn’t see: he’d pre-primed it with instructions to praise Booster. The chat exploded, thinking AI had ‘confirmed’ everything.”

That’s not innovation; it’s stagecraft. And it echoes the contradiction we’ve flagged before: publicly claiming to have “built our own ChatGPT” while privately admitting reliance on Google Gemini 2.5 and outsourced vendors.

The App: 2015 UX, 2025 Claims

Whistleblower:

“The first public beta was miserable — straight from 2015. Barebones wrapper around a bad back office. Even when a better UI design was offered, it was ignored.”

Ambition outpaced delivery. A thin wrapper with dated UX fits the pattern we’ve observed elsewhere — Stripe checkout fronting a “proprietary” payments stack, or white-label AI dressed up as innovation.

Developers, Oversight, and Denial

Whistleblower:

“Concerns were raised internally about developers underperforming or being incapable. The leadership’s response was simply: ‘We know what we’re doing.’”

Leadership’s answer wasn’t to tighten technical oversight but to double down on narrative. When marketing outruns engineering, reality catches up.

“Booster Nova” As a $19 Gemini Wrapper

Whistleblower:

“Booster Nova is basically a crippled version of Google Gemini with a $19 price tag. Add a logo, drop in API keys, call it innovation.”

If true, this means charging members for access to a free or cheaper underlying service with little proprietary value on top. Even Matt’s own correspondence confirms reliance on Google Gemini 2.5 and third-party development partners.

No Senior Technical Stewardship

Whistleblower:

“They lack an experienced developer overseeing operations. If they gain traction, a tech-savvy community will expose holes — it won’t end well.”

That’s not paranoia — it’s pattern recognition. In companies where the pitch comes before the platform, security and reliability are usually afterthoughts.

Faith vs. Facts

Whistleblower:

“Some early supporters hoped the company would eventually purge the lies and deception. Instead, those lies multiplied.”

Even sympathetic insiders describe promises morphing into habitual overstatement.

“Warnings Are Now Playing Out”

Whistleblower:

“What was obvious from the start is now happening. Kudos for confronting Matt on Zoom.”

Their account lines up with what we observed live: outsized claims, unclear tech, and shifting goalposts.

How This Lines Up With Our Prior Findings

From our August report and subsequent work:

  • Multi-Level Commissions vs. “Just 25%.” On Zoom, Matt first said one-time 25%; his own material showed ten levels. That’s unilevel MLM, not a one-tier affiliate.
  • Founding Circle Memberships. Buy-ins from $250 to $100,000+ described in investment-style language. Later claims of “89% refunds up to a year” look like retrofitted damage control.
  • Refund Policy Red Flag. 7-day window (including weekends), email-only process, contradictory wording — all calibrated to protect the company, not the customer.
  • Compliance Paper Trail. Arbitration, limited damages, independent-contractor burden, e-wallet reversals, and restrictive placement rules — all corporate shields leaving affiliates exposed.
  • “Proprietary Stack” vs. Reality. Claims of in-house tech vs. observed Stripe checkout and admitted reliance on Google Gemini and vendor shops (Sunsoft NY, Sunlink). Using vendors is fine. Pretending you don’t is not.

U.S. Court Filings Reveal Matt Ferk’s Criminal History

PDFPublic U.S. federal court records confirm that Matjaž “Matt” Ferk, CEO of BoosterCorp.ai, is the subject of an extradition request from Slovenia. The filings outline multiple criminal cases involving business fraud and tax evasion, spanning 2006–2010, with convictions, indictments, and active arrest warrants.

  • Fraud Scheme 1 – Forged Invoices. As director of PALAS, Ferk forged documents and invoices to sell non-existent debts to a factoring company, causing losses of €621,000. He admitted forging documents and said the funds were used to repay loans from the mafia.
  • Fraud Scheme 2 – Insolvent Companies. While running PALAS and KERADOM, he promised to pay overdue invoices for construction materials but never did. His companies were already insolvent, and he knew they couldn’t pay. Slovenian courts convicted him in 2014 and sentenced him to one year in prison. He never served it — by 2016, an international arrest warrant was issued.
  • Tax Evasion Scheme. Ferk submitted a falsified VAT return claiming €50,984 in deductions for services that never happened. Courts found he was “in hiding and evading proceedings,” issuing another arrest warrant in 2020.

The extradition complaint, filed in the U.S. District Court (Eastern District of Tennessee, 2021), asserts that Ferk has been living in Tennessee and would likely flee if alerted. The request is based on a standing U.S.–Slovenia extradition treaty.

This documented criminal history raises serious concerns about BoosterCorp.ai’s leadership credibility and the trustworthiness of its operations.

Right of Reply

BoosterCorp.ai leadership is invited to publish verifiable documents:

  1. A plain‑English architecture: what’s truly in‑house vs licensed vs white‑label;
  2. The full compensation plan on the public site;
  3. An FCM prospectus explaining why large buy‑ins tied to company activity aren’t securities;
  4. A 30‑day refund portal with ticketed tracking for all SaaS;
  5. Real bios and LinkedIn profiles reflecting verifiable track records;
  6. Security posture and independent audits for voice/AI modules.

We will fairly present any documented counter‑evidence.

Call-to-Action: Shine Light, Stop Harm

  • If you were pitched or paid in, document everything.
  • If you’re an insider or developer, send contracts, logs, emails, screenshots, payout statements, and technical traces (safely redacted).
  • If you’re a lawyer or regulator, we’ll share organised dossiers on request.

Secure tipline: use the contact form at dehek.com/contact (or your preferred secure channel). Tell us how to reply safely.

Bottom line: Strip away the avatars and buzzwords and a pattern remains — multi-level cashflow mechanics with thin tech, legal insulation for the company, and risk exported to the field.

If BoosterCorp.ai’s products are as strong as claimed, prove it — in code, contracts, shipped features, and customer-friendly refunds. Until then, the safest choice for merchants, consumers, and nonprofits is the simplest one: avoid.

Disclaimer: How This Investigation Was Conducted

This investigation relies entirely on OSINT — Open Source Intelligence — meaning every claim made here is based on publicly available records, archived web pages, corporate filings, domain data, social media activity, and open blockchain transactions. No private data, hacking, or unlawful access methods were used. OSINT is a powerful and ethical tool for exposing scams without violating privacy laws or overstepping legal boundaries.

About the Author

I’m DANNY DE HEK, a New Zealand–based YouTuber, investigative journalist, and OSINT researcher. I name and shame individuals promoting or marketing fraudulent schemes through my YOUTUBE CHANNEL. Every video I produce exposes the people behind scams, Ponzi schemes, and MLM frauds — holding them accountable in public.

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