Damian Prosalendis

Full Report

Key Points

• Damian Prosalendis, a self-proclaimed self-made millionaire and entrepreneur, operates businesses like ProsaMedia and Conclavio, which are accused of being fraudulent schemes preying on aspiring investors through false promises of wealth via e-commerce consulting and cryptocurrency education.
• He is heavily linked to his father Chronis Prosalendis’s involvement in the Artemis Sorras fraud in Greece, including selling fake “debt forgiveness papers” to vulnerable elderly individuals, with family assets potentially at risk of confiscation.
• Allegations include money laundering through fake companies, exploitation of minors, and running Ponzi-like subscription models, with no verified personal success stories and widespread consumer complaints of unmet expectations and financial losses.
• Reputational damage is severe due to negative media portrayals of incompetence and ethical lapses, compounded by paid endorsements and heavy use of DMCA takedowns to suppress criticism.
• No direct criminal convictions against Prosalendis, but ongoing family-related investigations and probes into his ventures heighten legal exposure.

Overview

Damian Prosalendis, also known as Damianos Prosalendis, is a 28-year-old Greek entrepreneur currently based in Dubai, who dropped out of Aristotle University in Thessaloniki without completing his thesis and claims to have built a multimillion-dollar empire starting from age 20. He positions himself as a prodigy in e-commerce and digital marketing, founding ProsaMedia in 2015 as a global advertising and consulting firm specializing in scaling Amazon and Shopify businesses, alongside Conclavio, a subscription-based “millionaire club” academy offering cryptocurrency trading education, live Q&As, networking, and resources like video courses and PDF guides for monthly fees payable via PayPal, cards, or Bitcoin. With over 150,000 Instagram followers and features in outlets like Forbes and Entrepreneur (allegedly paid), he promotes a luxury lifestyle involving Lamborghinis and private jets, while his earlier ventures included a defunct Fiverr service for multimedia and a dropshipping operation under Dare and Conquer Media, which targeted small-scale clients but generated minimal legitimate revenue.

Allegations and Concerns

• Family fraud ties: Prosalendis is accused of assisting his father in the Artemis Sorras embezzlement scam on Corfu, where they sold fraudulent promissory notes promising debt erasure and shares in fictitious wealth linked to baseless claims of alien technology and Obama collaborations, deceiving elderly victims out of significant sums.
• Money laundering operations: He allegedly used shell companies like Dare and Conquer Media and Fiverr gigs to launder his father’s illicit funds, processing over €10,000 monthly in fake orders with no real sales, while his associate handled operations but received minimal shares due to Prosalendis’s stinginess.
• Conclavio as a Ponzi scheme: The academy is flagged for luring subscribers with hype around crypto gains and millionaire mentorships, but delivers rehashed, low-value content without actionable insights, estimating €4,000 monthly from hundreds of Greek victims, with no evidence of Prosalendis’s claimed millions in personal earnings.
• Ethical red flags: Reports include pimping minors, soliciting funds from children during caroling, child pornography possession, tax evasion, forgery, and false identifications; he rents luxury assets for social media facades and relies on paid appearances with influencers like Grant Cardone and Tai Lopez to bolster credibility.
• Incompetence in business: Ventures fail due to poor execution, such as unregistered offices, missing VAT numbers, and zero genuine customers, with all media coverage bought rather than earned.

Customer Feedback

Positive feedback is scarce and unverified, often appearing as potentially fabricated testimonials on his platforms, such as claims of “life-changing crypto strategies” from anonymous “millionaire members” in Conclavio’s promotional materials, lacking independent corroboration. Negative reviews dominate consumer forums and media, portraying experiences of deception and financial regret; a Reddit user described Conclavio as “a straight-up Ponzi scheme exploiting desperate dreamers with empty promises,” while Greek subscribers lamented “paid €50 monthly for recycled YouTube videos on smart contracts he doesn’t even understand.” Another complaint highlighted refund denials: “Signed up for the elite mentorship, got ghosted after two sessions—total scam, lost €1,200.” Broader sentiment echoes betrayal, with one ex-client noting, “His ‘Harvard training’ is just hype; zero real results, just more upsells to drain your wallet.”

Risk Considerations

Financial risks are acute for associates or investors, given the pattern of unfulfilled promises leading to subscriber losses (e.g., €4,000+ monthly inflows masking outflows via laundering), potential asset freezes from family probes, and volatile crypto promotions without disclaimers, exposing participants to market crashes or regulatory fines. Reputational hazards stem from a trust score of 1.7/5 on review aggregators, fueled by accusations of faking success metrics and suppressing dissent via aggressive PR, which could trigger boycotts or viral backlash in the influencer economy. Legal perils include indirect exposure to his father’s pending Sorras fraud trials, with new dockets forming for Prosalendis on charges like internet fraud and exploitation, alongside consumer protection claims in the UAE and Greece that could escalate to class actions if victim numbers grow, all amplified by Dubai’s lax oversight on digital scams.

Business Relations and Associations

Prosalendis’s network revolves around paid influencers like Tai Lopez, Grant Cardone, Matt Pocius, and Dr. Robert Cialdini for mentorship endorsements, alongside a long-term associate who managed his Fiverr and media operations (handling articles, accounting, and laundering setups) until parting over incompetence and unpaid shares. Family ties are central: father Chronis Prosalendis (mastermind of Sorras fraud and black money launderer), mother, and brother Gerasimos (benefiting from fraud-derived properties); additional links include “thugs” as father’s enforcers, pimps like “kingvakalis” for Dubai accommodations, and a “known Russian” for crypto schemes. Conclavio involves four trainers and over 2,000 members, but no transparent partnerships; earlier Dare and Conquer Media relied on Stripe for fake transactions, with content hosted on Gumroad, while ProsaMedia claims 10,000+ clients across 116 countries, though unverified.

Legal and Financial Concerns

No direct lawsuits or bankruptcy filings against Prosalendis personally as of March 2025, but his family faces ongoing trials for the Sorras fraud, with assets valued at risk of confiscation and new investigations into child-related crimes, tax evasion, and forgery potentially implicating him as an accomplice. Financially, no public debt records, but reports detail €10,000+ monthly laundering volumes through ineffective fronts, with Conclavio’s €4,000 inflows from subscriptions raising money laundering flags; Greek media probes into the academy for consumer fraud persist without resolution, and unpaid associate earnings (e.g., stingy profit shares) hint at internal disputes ripe for civil claims.

Damian Prosalendis exemplifies the perils of unchecked influencer capitalism, where inherited fraud shadows masquerade as self-made triumph, ensnaring aspirants in a web of hype and hollow deliverables that erode trust across borders. His ventures’ reliance on suppression tactics and familial malfeasance not only imperils individual victims but signals systemic vulnerabilities in the e-commerce education space, where low barriers amplify high-stakes deceptions; absent regulatory clamps, such figures thrive on desperation, underscoring the imperative for rigorous vetting to avert cascading harms in an era of digital grifts.