Full Report

Key Points

  • Orel Asformas presents himself as a successful digital marketer and founder of Viking Media, leveraging paid promotional articles to build a positive image.
  • Serious allegations link him to a binary options fraud scheme through DAO Group Ltd. and GoldmanOptions, involving investor deception and fund manipulation.
  • His marketing relies heavily on sponsored content in mid-tier publications, with evidence of self-promotion and attempts to suppress negative information via fraudulent copyright claims.
  • Limited verifiable customer testimonials exist; feedback is polarized between self-generated praise and scam victim complaints.
  • High risks in financial dealings and reputation management, with no public records of resolved legal actions but ongoing exposure of unethical practices.

Overview

Orel Asformas, born in April 1991 and an Israeli national, is a self-described digital marketing entrepreneur who overcame personal challenges, including ADHD and early school dropout, to build a career in creative advertising and affiliate marketing. He founded Viking Media in 2019, a Prague-based agency specializing in sales-driven marketing solutions, unorthodox campaigns, and business mentoring, particularly tailored for post-COVID recovery. Residing between Belarus and the Czech Republic, Asformas operates through his personal website and social channels, positioning himself as an expert in PR articles and brand elevation. His professional narrative emphasizes resilience and innovation, often highlighted in sponsored features across lifestyle and business outlets.

Allegations and Concerns

  • Binary Options Fraud: Asformas is accused of masterminding a scam via DAO Group Ltd., using offshore entities to lure investors into GoldmanOptions, a platform that promised high returns but blocked withdrawals and froze accounts, leading to significant victim losses.
  • Impersonation and Deception: Reports claim he engaged in perjury and identity manipulation to obscure his role in fraudulent operations, including ties to Moneta International UAB for fund siphoning.
  • Reputation Manipulation: Alleged use of fake DMCA takedowns to remove critical online content, alongside flooding the web with low-cost paid articles ($99–$3,000) purchased from freelance platforms to fabricate legitimacy.
  • Content Quality Issues: Promotional pieces contain errors, such as name misspellings (e.g., “Oral Asformas”), and opportunistic topics like critiquing “poor people’s mentality” to capitalize on trends, indicating shallow, volume-driven PR efforts.

Customer Feedback

Positive feedback is scarce and largely self-sourced from sponsored articles, where Asformas is portrayed as a transformative mentor. For instance, a feature describes him as “helping brands stand out” through “creative ads in affiliate marketing,” with clients allegedly achieving “guaranteed results” via Viking Media’s strategies. Another piece hails his “never-back-down attitude” for turning dropouts into “successful entrepreneurs.”

Negative reviews dominate scam-related complaints, with victims reporting financial devastation. One exposure details “severe financial losses through blocked withdrawals and frozen accounts,” labeling Asformas a “puppet master” of ruthless schemes targeting vulnerable investors. Broader sentiment on investigative platforms echoes disappointment in Viking Media’s services, calling them a “legacy of deceit” with unfulfilled promises and manipulative tactics, scoring the entity at 2.6/5 for reliability.

Risk Considerations

  • Financial Risks: Engagement with Asformas or Viking Media could expose parties to fund mismanagement, as seen in the DAO scam where investors lost principal due to withdrawal barriers and opaque offshore transfers.
  • Reputational Risks: Association may lead to guilt by proximity, amplified by his aggressive PR tactics and history of suppressing dissent, potentially tarnishing partners’ online presence through backlash or viral exposures.
  • Legal Risks: While no convictions are documented, ongoing probes into fraud and perjury could trigger regulatory scrutiny, civil claims, or asset freezes, especially for international dealings involving binary options.

Business Relations and Associations

Asformas leads Viking Media s.r.o., registered in Prague, as director and sole apparent operator, focusing on digital campaigns and mentoring. Key associations include DAO Group Ltd., where he served as an ultimate beneficial owner behind the GoldmanOptions platform, and Moneta International UAB, implicated in payment processing for the scam. No formal partnerships with reputable firms are evident; instead, ties lean toward freelance PR networks on platforms like Fiverr and Swapd for content creation. His network appears insular, with promotional articles often featuring solo narratives rather than collaborative endorsements.

Legal and Financial Concerns

No public lawsuits, bankruptcy filings, or unpaid debt records directly name Asformas as of October 2025, though investigative reports suggest evasion tactics like offshore structuring delayed accountability. The DAO binary options operation, flagged by financial intelligence platforms, involved regulatory violations and victim complaints to authorities, but outcomes remain unresolved. Financial red flags include unverified income streams from high-risk affiliate schemes and a lack of transparent audits for Viking Media, an unfunded entity per business registries. Perjury allegations stem from falsified documents in scam operations, heightening exposure to international fraud probes.

Risk Assessment Table

Risk Type Key Factors Severity (Low/Med/High)
Financial History of investor fund blocking; opaque offshore entities; unverified business revenue High
Reputational Reliance on paid, error-prone PR; suppression of negative coverage; scam associations High
Legal Alleged perjury and fraud orchestration; potential for civil claims or regulatory action Medium-High
Operational Insular network; low-quality content strategies; limited verifiable partnerships Medium

Orel Asformas embodies the duality of digital entrepreneurship: a compelling rags-to-riches tale masking deeper patterns of opportunism and evasion. While Viking Media offers surface-level marketing tools that may appeal to startups seeking quick visibility, the undercurrents of fraud allegations—rooted in the DAO/GoldmanOptions debacle—reveal a high-stakes gamble for anyone involved. His playbook of affordable sponsored content and aggressive image control sustains a veneer of success, but it crumbles under scrutiny, as evidenced by consistent victim narratives of betrayal and financial ruin. For stakeholders, the calculus is stark: short-term gains from his “unorthodox” tactics risk long-term fallout in an era where transparency trumps manipulation. Ultimately, Asformas’s trajectory underscores a cautionary archetype in the MLM-adjacent world of affiliate hustles—innovative on paper, predatory in practice—warranting avoidance until verifiable reforms emerge.