Strategic Wealth Recovery · Investigative Report
Before Korvato customers paid thousands for trading software, customers of Michael Walding’s earlier businesses were already pursuing their money back.
Walding is one of Korvato’s three main owners identified by SWR. Our 20-page investigation follows NXTLVL, One Up and Korvato: the promises, payments, customer disputes and legal proceedings behind the business history.
20 pages · Report dated September 17, 2026 · Source-linked investigation
Identity and record
SWR identifies Michael Walding as one of Korvato’s three main owners. His earlier business connections include NXTLVL and One Up, where expensive managed-store offers were followed by customer disputes over delivery and refunds.
NXTLVL’s corporate records identify Walding’s management role, and he signed One Up Services LLC’s dissolution. The retained Korvato sales ledger records him as closer on a $10,000 transaction dated November 12, 2024. He is also named personally in the July 2026 FanBasis default judgment involving Korvato and related defendants.
The report follows those connections through managed e-commerce stores and automated trading software. Its focus is the transaction: what the customer was offered, what they paid, what they say was delivered, and what happened when they sought their money back.
Chronology
2020–2021
NXTLVL promoted managed e-commerce and passive income. Daniel Yepes later alleged a $25,000 purchase backed by a personal profitability and refund assurance from Walding. Nebraska’s Attorney General subsequently alleged that Walding promoted an additional $15,000 Walmart service while Amazon stores were experiencing problems.
Customer pleading and government complaint.
2022–2023
A One Up customer reported paying $45,000 for an aged Amazon store and management in September 2022. The buyer said communication stopped and a refund was refused because the company had been sold or dissolved. Walding signed One Up’s voluntary dissolution effective July 21, 2023.
BBB customer complaint and official dissolution filing.
2024–2025
Korvato’s retained presentation advertised automated trading, 5–14%+ monthly growth, and selected license prices of $15,000 and $19,900. Its sales ledger contains $19,648,110 in contracted deal values. Customers later described activation problems, trading losses and refund disputes.
Contracted deal values are not personal profit, confirmed receipts, or customer losses.
2024–2026
The record includes customer litigation and state enforcement proceedings concerning the e-commerce businesses. On July 21, 2026, a court entered a $1,134,900.54 default judgment in FanBasis Inc. v. Korvato LLC et al., naming Walding among the judgment defendants.
The award is to FanBasis for merchant receivables. SWR’s work for affected customers is separate.
NXTLVL and One Up overlapped. NXTLVL dissolved in August 2022 and One Up in July 2023. The report does not identify a Korvato dissolution.
Sales-record analysis
In our assessment, the sales tactics attributed to Walding in government and customer complaints reflect manipulative marketing: substantial purchases encouraged through income claims, assurances of expertise and promises of money back, followed by allegations that the service failed and refunds did not arrive.
The appeal was powerful: pay for a system, trust the experts and expect it to generate income. A persuasive sales pitch can make a poor product sound like an exceptional opportunity. The customer accounts in this report describe the consequences when the experience falls short of the promise.
01
Managed-store passive-income claims, followed in the later software materials by unusually high monthly-return figures.
02
Managed operations, software capabilities and performance histories presented as reasons to trust the product.
03
Promises about money back that became central to later disputes.
04
The retained Korvato sales transcript offers an immediate-purchase discount and a recurring-fee lock during the call.
The products changed. The records describe recurring disputes over expensive purchases, delivery and refunds. The report puts those sales materials alongside particular payments, dated customer accounts and the records of what followed.
Sources — report pages 4, 7, 9 and 11The retained sales transcript does not independently identify Walding as the speaker.
September 17, 2026
The full report includes the company chronology, customer accounts, marketing materials, financial-record analysis, source links and redacted court exhibits.
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Purpose and support
We are doing this because the people who lost money deserve a sustained effort to establish responsibility and pursue recovery.
We are bringing whistleblower information, customer evidence and dated asset snapshots into an organized record for independent counsel. We are connecting the promises to payments, the payments to the people and entities involved, and the asset research to leads that can be investigated further. Our goal is to give counsel a stronger factual foundation for pursuing the appropriate parties.
I served in the military. That experience shaped a conviction I carry into this work: when Americans say they have been harmed, their accounts deserve serious attention and sustained effort. People should not have to watch their losses become yesterday’s news while everyone else moves on.
That conviction is why we keep following the records and doing the work.
SWR is a self-funded investigative consulting firm. We do not take a percentage of your recovery, and the law firms we work with do not pay us. Independent counsel’s fees, if any, are separate. Our administration and processing fees help fund the work needed to keep this effort moving.
We are asking for your help to keep this work moving. If you want to support it, speak with us about the investigative services available and the fees that apply. We will explain the scope, price and terms before you decide to proceed.
Asset research identifies investigative leads; it does not mean funds have been frozen or secured. No recovery is guaranteed.
If you dealt with NXTLVL, One Up or Korvato, preserve your contracts, payment confirmations, sales messages and refund correspondence. Share your experience through SWR’s existing evidence portal so the team can review it alongside the investigation.
Submit Your Evidence