DANNY DE HEK

My mission is simple: to shame anyone running or promoting Ponzi schemes and scams, and to create public awareness that protects mum and dad investors from losing their kids’ inheritance to the multilevel marketing bottom feeders of the world.

Today, we’re exposing two serial promoters who embody everything wrong with the MLM scam industry: Jaime Morales and Cynthia Morales.

For years, this couple has built their so-called “business empire” by promoting one Ponzi scheme after another, funneling desperate investors into fraudulent opportunities to fund their own lifestyle of holidays, helicopter rides, and fake philanthropy. Their latest scam? OakSmart — a company that, once stripped of its glossy exterior, is just another multilevel marketing fraud with no real products, no legitimate business operations, and a compensation plan solely driven by recruitment commissions.

Let’s break it all down.

OakSmart: A Classic Crypto Ponzi Scheme

OakSmart promises passive returns of 8% to 15% per month just by “investing” in their crypto packages. But here’s the truth: OakSmart has no external revenue source, no legitimate trading activity, and no actual products being sold. Instead, it relies on a constant inflow of new investors to pay returns to earlier ones — textbook Ponzi economics.

The California Department of Financial Protection and Innovation issued a formal Desist and Refrain order against OakSmart in December 2024, citing them for securities fraud. New Zealand’s Financial Markets Authority followed with its own fraud warning. OakSmart then launched a desperate exit scam with “OAK USD Coin,” a worthless internal token designed to trap remaining investor funds before collapsing entirely.

The Morales Scam Playbook: Groom, Manipulate, and Extract

Jaime Morales, armed with polished presentations and a rehearsed sob story about “losing everything” after 9/11, positions himself as a trustworthy mentor. He weaponizes emotional manipulation, invoking family struggles, faith in God, and “humble beginnings” to forge emotional bonds with audiences.

In his OakSmart webinars, Jaime employs a series of manipulative techniques:

  • Emotional Triggering: ReBlame Shifting: Preemptively blaming investors if they lose money for “not working hard enough” or “not following the system.”

Meanwhile, Cynthia Morales runs the soft indoctrination side. Her YouTube channel, Instagram page, and Linktree profile are loaded with personal development videos, leadership training content, and spiritual platitudes. She conditions her audience with motivational fluff designed to build trust, loyalty, and obedience before funneling them into whichever scam she’s currently promoting.

Their History of Promoting Ponzi Scams

OakSmart isn’t their first rodeo — far from it.

  • ZmartBit: Cynthia and Jaime were on stage promoting this crypto MLM scam around 2020. ZmartBit collapsed after victims lost their Bitcoin, and leaders disappeared into the shadows.
  • TranzactCard: Cynthia is actively promoting this shady financial “rewards” Ponzi funnel through her YouTube and Linktree today.
  • NeloLife: Cynthia’s Linktree also features promotion of this brand-new crypto MLM scheme, already showing classic signs of a Ponzi setup.
  • OakSmart: Their current (but collapsing) cash cow, aggressively pushed through Zoom webinars, religious rhetoric, and fake charity claims.

Their Expanding Scam Network Across Social Media

Jaime and Cynthia Morales don’t just promote their fraudulent opportunities from a stage — they operate a sprawling online scam empire across nearly every major social media platform. Jaime recruits victims through his YouTube channel (@jaimemorales), his Twitter/X account (@JaimeMorales_77), a private Telegram channel dubbed the “Jaime Morales Dream Team,” and a Facebook group called “Cryptopreneurs.” Cynthia mirrors the same strategy, leveraging her YouTube channel (@cynthiamorales77), Twitter/X account (@cynmorales_77), Instagram (@cynthiavmorales77), and her personal Facebook page to funnel people into a rotating carousel of Ponzi schemes.

Cynthia’s Linktree acts as a central hub where new recruits are routed directly into scam offers like OakSmart, NeloLife, and TranzactCard. Their personal websites, Telegram groups, and Linktree profiles all serve one purpose: systematically recruiting, grooming, and draining the financial hopes of vulnerable investors. This isn’t amateur hour — Jaime and Cynthia have built a fully operational fraud machine disguised as personal development and financial literacy.

The Red Flags Are Blinding

  • No real products or services sold outside of investment positions.
  • Promises of unrealistic returns without any proof of external revenue.
  • Recruitment-driven income structure — classic MLM Ponzi architecture.
  • Use of religious faith and charity claims to deflect scrutiny.
  • Serial promotion of scams across multiple platforms (YouTube, Instagram, Facebook, Linktree).
  • Indoctrination of followers through “leadership training” and “personal development” messaging.
  • Exit scams using fake tokens (OAKCoin) to trap investor funds.

Bottom Feeders by Design

Make no mistake: Jaime and Cynthia Morales are not victims. They are willing, knowledgeable participants in the Ponzi scam ecosystem. Their business is not personal growth or leadership; it is the manipulation of vulnerable people for profit. Every smile, every prayer, every motivational video is a calculated move to extract money from the unsuspecting.

They groom people with promises of freedom, success, and God’s favor, only to dump them into financial ruin — over and over again.

Closing Warning

If you come across Jaime Morales, Cynthia Morales, OakSmart, NeloLife, TranzactCard, or any opportunity linked to them, run the other way. Their entire operation is a polished machine built to enrich themselves at the expense of your dreams, your savings, and your future.

Stay vigilant. Stay skeptical. And stay away from the Morales scam empire.

About the Author Danny de Hek, also known as The Crypto Ponzi Scheme Avenger, is a New Zealand-based investigative journalist specializing in exposing crypto fraud, Ponzi schemes, and MLM scams. His work has been featured by Bloomberg, The New York Times, The Guardian Australia, ABC News Australia, and other international outlets.

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