06/11/2026
I haven’t seen many recent updates about the BG Wealth Sharing platform, so I decided to do a little checking of my own using ChatGPT.
Given that many of our kababayans were caught up in this situation, I thought it was worth sharing what I found.
For those who may still have money tied up in the platform—or who have friends and family affected by it—here is the information I received, reproduced verbatim: “The outlook for BG Wealth Sharing / DSJ Exchange is extremely poor.
Where things stand today
The strongest evidence comes from Canadian securities regulators, particularly the Alberta Securities Commission (ASC), which has publicly described BG Wealth Sharing as an online cryptocurrency and MLM-style scam and stated that the scheme appears to be collapsing.
Key developments:
* The BG Wealth Sharing website was seized by U.S. law enforcement in late April 2026.
* Multiple regulators in Canada, the U.S., and other countries issued investor warnings against BG Wealth Sharing and DSJ Exchange.
* The ASC issued cease-and-desist letters to promoters connected with BG Wealth Sharing in May 2026.
* Regulators state there is no evidence that legitimate trading occurred on DSJ Exchange. Account balances shown to investors are believed to have been fabricated to create confidence in the platform.
The “12% tax” issue
One of the biggest warning signs is the reported requirement for investors to pay a 12% “tax” before being allowed to withdraw funds.
The ASC specifically warned investors not to pay this fee, stating that paying it will not result in recovery of funds and is a common tactic seen when investment scams are nearing collapse.
Withdrawals
Reports from investors indicate:
* Withdrawals have largely stopped.
* Trading activity appears frozen.
* Members are being directed to alternative platforms or new schemes.
While online reports and Reddit discussions are anecdotal, they are consistent with what regulators are reporting.
If you or someone you know invested
The ASC’s guidance is essentially:
1. Do not send additional money.
2. Do not pay any “tax,” “unlock fee,” “verification fee,” or “recovery fee.”
3. Exit all related Telegram, WhatsApp, BonChat, or similar groups.
4. Delete any BG Wealth / DSJ-related apps.
5. Change passwords and secure any accounts that may have been linked.
6. Report losses to securities regulators and law enforcement.
My assessment
Based on the regulator statements, website seizure, withdrawal problems, cease-and-desist orders, and the “pay 12% to access your money” demand, BG Wealth Sharing / DSJ Exchange appears to be in the end-stage collapse phase of what authorities believe was a fraudulent investment operation. The probability of investors recovering funds directly through the platform itself appears very low.
If you have friends, family members, or members of the Filipino community who are still involved, the most important message right now is:
Do not send another dollar. The biggest losses often happen after the collapse, when victims are convinced to pay one last fee to “unlock” their funds.”
I share this not to judge or criticize anyone, but in the hope that it helps our community stay informed and avoid further losses. If you know someone who may still be involved, please encourage them to exercise caution and verify information through official regulatory sources.
Stay safe, everyone…. Tony Surtida
