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What Happened To OmegaPro? A Clear Way To Start In 5 Minutes A Day

By The No Job Lifestyle Team · Last reviewed · How we research

Were you in OmegaPro? Here is what the US Justice Department alleges, and what former members do now.

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Quick answer: OmegaPro was a forex and crypto network marketing company. Withdrawals froze around late 2022. In July 2025 the US Justice Department charged a co founder and a top promoter, alleging they took in over $650 million by promising 300% returns. The charges are allegations, not convictions.

Trading involves risk and you can lose money. Results vary.

1What OmegaPro Promised Members

OmegaPro sold investment packages it said were traded by elite forex traders.

According to the Justice Department, members were promised 300% returns over 16 months. Members earned extra by bringing in new members, a classic network marketing setup.

2The Withdrawal Freeze

Members reported that withdrawals stopped around November 2022.

OmegaPro blamed a hack and offered members a new token instead of cash. The company stopped operating soon after, leaving many members unable to get their deposits back.

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The OmegaPro timeline from launch to charges

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3The July 2025 Indictment

A federal indictment unsealed in Puerto Rico in July 2025 charged co founder Michael Shannon Sims and promoter Juan Carlos Reynoso.

They face wire fraud and money laundering conspiracy charges. Another co founder was arrested in Turkey in 2024 in a separate case. Everyone charged is presumed innocent unless proven guilty.

4How We Would Test Any Trading Program Today

Start on demo money, keep withdrawals easy, and walk away from anything that promises fixed returns.

A demo account runs on real prices with fake money, so you see how a strategy behaves before risking a dollar. Check that the broker is regulated where you live, and make a small withdrawal early to prove the money comes back. Trading involves risk and you can lose money.

  1. Run it on a demo account for two to four weeks
  2. Check the broker's regulator on its official site
  3. Withdraw a small amount early to test payouts

Ready to start? Our free guide on letting AI trade for you walks you through it step by step, and our shut down and sued money programs guides cover the rest of this topic.

Primary Sources For This TopicWe check facts on this topic against these primary sources. See how we research.

Questions people ask

Is OmegaPro still running?

No. OmegaPro stopped operating after the 2022 withdrawal freeze. Ignore anyone claiming it has relaunched.

Who was charged in the OmegaPro case?

The Justice Department charged co founder Michael Shannon Sims and promoter Juan Carlos Reynoso in July 2025. These are allegations.

Can OmegaPro members get money back?

Watch the Justice Department case page for victim updates. Never pay a fee to someone promising to recover your OmegaPro funds.

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