Key Points
- Damian Prosalendis claims to be a self-made millionaire who founded three businesses by age 20, featured in publications like Forbes and Entrepreneur.
- Research suggests allegations of scams, particularly with his academy, Conclavio, which is accused of exploiting subscribers with false wealth promises.
- His family’s wealth may likely be linked to his father’s alleged involvement in the Artemis Sorras scam in Greece.
- The evidence leans toward reputational risks due to negative reviews and accusations of money laundering and exploiting minors.
Introduction
Damian Prosalendis, a name that has surfaced in entrepreneurial circles, presents himself as a prodigy who turned a broke college dropout’s life into a multimillion-dollar empire by age 20. His story, splashed across major publications and social media, paints a picture of success and luxury. However, our investigation reveals a complex web of allegations and controversies that challenge this narrative, raising questions about consumer protection, potential scams, and financial fraud. We aim to unpack his business relations, personal profiles, and the risks associated with engaging with his ventures, offering a balanced view for those considering his services.
Business Relations and Personal Profiles
Prosalendis claims to have founded ProsaMedia, an eCommerce consulting firm, and Conclavio, a subscription-based academy teaching financial success. His LinkedIn profile highlights mentorship from figures like Tai Lopez and Grant Cardone, and he boasts features in Forbes, Entrepreneur, and INC Magazine (Damian Prosalendis LinkedIn). Social media, particularly on X and Instagram, showcases a luxurious lifestyle, attracting followers with posts about high-end cars and exotic travels.
Allegations and Risks
Despite the glossy image, allegations suggest Conclavio may be a scam, with critics on Reddit and websites like Net Factual accusing it of exploiting subscribers with false promises (Net Factual Article). Reports also link his family’s wealth to his father, Chronis Prosalendis, allegedly involved in the Artemis Sorras scam, a notorious fraud in Greece (Intelligence Line Article). These claims include money laundering and exploiting minors, posing significant consumer protection risks.
Conclusion
As of March 25, 2025, while Prosalendis maintains a public image of success, the allegations and lack of verified legal actions suggest caution. Potential clients should verify claims and consider the reputational risks before engaging, given the ongoing controversy.
Comprehensive Investigation Report: Damian Prosalendis and Associated Risks
We embarked on a detailed investigation into Damian Prosalendis, prompted by his public persona as a self-made millionaire and the need to assess his business relations, personal profiles, and potential risks related to consumer protection, scams, criminal reports, and financial fraud. Our findings, as of March 25, 2025, reveal a complex picture, blending claimed successes with significant allegations, necessitating a thorough examination for clarity and consumer safety.
Background and Claimed Success
Damian Prosalendis, often referred to as “Pros,” is portrayed as an entrepreneurial prodigy who, at age 20, founded three businesses: a consulting firm for eCommerce and digital marketing, a physical products business on platforms like Shopify and Amazon, and a media and publishing firm. His personal website (Damian Prosalendis Official Website) details his journey from a broke college dropout to financial success, claiming education from Harvard in intensive business training and mentorship under Dr. Robert Cialdini in Principles of Persuasion. He lists mentors like Matt Pocius, Tai Lopez, and Grant Cardone, and boasts speaking engagements at the Amazing Selling Machine Summit in Las Vegas.
His social media presence is significant, with over 25,000 followers on X and 150,000 on Instagram, where he shares lifestyle posts and business insights. Publications like Forbes, Entrepreneur, INC, and Huffington Post have featured him, though the credibility of these features is questioned, with some suggesting they may be paid placements.
Business Relations and Associations
Prosalendis’s primary businesses include ProsaMedia, described as a global advertising firm, and Conclavio, a closed community and academy for financial success. Conclavio, according to its official website (Conclavio Official Website), offers educational content, live training, and networking opportunities, with over 2,000 members, including 28 millionaires and 4 trainers. It provides 30+ hours of video material, PDF guides, and books by Prosalendis, with a monthly subscription model accessible via Paypal, bank card, or Bitcoin, auto-renewing but cancellable anytime.
Aspect | Details |
---|---|
Founder | Damian Prosalendis |
Membership | 2000+ members, including 28 millionaires and 4 trainers |
Educational Content | 30+ hours of video, 3 PDF guides, exclusive lessons, 2 unreleased books |
Live Training | Monthly live video Q&A, 1-on-1 interaction available |
Networking | Access to Damian’s connections, in-person meetings in luxurious locations |
Payment | Paypal, Bank Card, Bitcoin; auto-renewing, cancellable |
Success Claims | Members earning over $5000/month, Damian earns $200,000+/month, first million at 20 |
Undisclosed business relationships were not explicitly found, but the connection to his father’s alleged activities in the Sorras scam raises questions about potential hidden associations.
Personal Profiles and OSINT
Our open-source intelligence (OSINT) efforts included analyzing his LinkedIn profile (Damian Prosalendis LinkedIn), YouTube channel (Damian Prosalendis YouTube), and social media posts. His X posts, as of recent activity, focus on cryptocurrency trading and market commentary, with no direct mention of Conclavio, suggesting a shift in public focus (X Post Example). Instagram posts emphasize luxury, potentially to attract followers to his services.
Scam Reports, Red Flags, and Allegations
Significant red flags emerged from our research, particularly around Conclavio. Websites like Net Factual, Intelligence Line, and Finance Scam accuse Prosalendis of running a scam with Conclavio, alleging it exploits subscribers with false promises of wealth (Net Factual Article, Intelligence Line Article, Finance Scam Article). A Reddit post (Reddit Post) describes it as a Ponzi-like scheme, estimating monthly income of 4,000€ from subscriptions, with accusations of money laundering and exploiting minors.
Further, allegations link his family’s wealth to his father, Chronis Prosalendis, allegedly involved in the Artemis Sorras scam. Sorras, convicted of embezzlement, claimed to have billions to pay off Greece’s debt, and reports suggest Chronis charged for fraudulent “forgiveness papers” (National Herald Article). This raises questions about the legitimacy of Prosalendis’s initial capital.
Criminal Proceedings, Lawsuits, and Sanctions
As of March 25, 2025, we found no confirmed lawsuits, criminal convictions, or sanctions directly against Damian Prosalendis. However, mentions of trials pending against his family in the context of the Sorras scam suggest potential legal risks (Intelligence Line Article). Greek media articles, such as from efsyn.gr, highlight investigations into Conclavio, but no conclusive legal actions were identified.
Adverse Media, Negative Reviews, and Consumer Complaints
Adverse media includes critical articles questioning his success and Conclavio’s legitimacy, with negative reviews on platforms like Reddit and blogs like Easy Review Online, suggesting rehashed content and false claims (Easy Review Online Article). Consumer complaints focus on unmet expectations from Conclavio, with reports of subscribers feeling scammed, though specific complaint numbers were not found.
Bankruptcy Details
No information on bankruptcy was uncovered, suggesting his businesses remain operational, though the sustainability given allegations is questionable.
Risk Assessment
Our risk assessment, considering consumer protection, scam potential, criminal reports, and financial fraud, highlights significant concerns:
- Consumer Protection Risks: High, given allegations of Conclavio exploiting subscribers with false promises, potentially leading to financial loss.
- Scam Risks: Moderate to high, with multiple sources labeling Conclavio as a scam, supported by Reddit discussions and critical websites.
- Criminal Reports and Financial Fraud: Low direct evidence, but family connections to the Sorras scam suggest indirect risks, warranting further investigation.
- Reputational Risks: High, due to widespread negative media and social media criticism, impacting trust and credibility.
Potential clients should exercise caution, verifying claims and seeking independent reviews before engaging. The lack of confirmed legal actions does not negate the reputational damage and consumer complaints, suggesting a need for transparency and due diligence.
Expert Opinion
As experts in consumer protection and financial fraud investigation, we advise caution when considering services from Damian Prosalendis. The allegations, particularly around Conclavio and his family’s past, suggest potential scam activities. Until verified evidence refutes these claims or legal actions clarify, prospective clients should prioritize transparency, seeking verifiable achievements and independent testimonials. The ongoing controversy underscores the importance of consumer awareness in navigating entrepreneurial offerings.
Key Citations
- Damian Prosalendis Official Website with Success Claims
- Damian Prosalendis LinkedIn Profile with Business Details
- Easy Review Online Article Questioning Authenticity
- Net Factual Article Accusing Wealthy Scam
- Intelligence Line Article on Scamming Failures
- Finance Scam Article on Incompetence Behind Scam
- Reddit Post on Conclavio Scam Allegations
- National Herald Article on Artemis Sorras Scam
- Conclavio Official Website with Membership Details
- Damian Prosalendis YouTube Channel with Lifestyle Posts
- X Post Example of Recent Activity
Recent Investigations
Gulf Brokers
Low Trust Index
View Threat AlertCommunity Reviews and Comments
Average Ratings
0
Based on 0 ratings
Domain Check
Stop fraud before it happens with unbeatable speed, scale, depth, and breadth.
Recent ChecksCyber Investigation
Uncover hidden digital threats and secure your assets with our expert cyber investigation services.
Recent InvestigationThreat Alerts
Stay ahead of cyber threats with our daily list of the latest alerts and vulnerabilities.
Threat AlertsClient Dashboard
Your trusted source for breaking news and insights on cybercrime and digital security trends.
Client LoginExplore Cyber Crime By Location
Explore Cyber Crime By Type
Explore Cyber Crime By Profiles