Safir pyramid scheme fraud warning from Russia


Safir has acquired a pyramid fraud warning from Russia.

As per the Central Financial institution of Russia’s October 18th warning, Safir displays “indicators of a monetary pyramid” scheme.

BehindMLM got here throughout Safir as Safir Worldwide again in 2021. Safir Worldwide is a part of the Zeniq Coin Ponzi scheme.

On the time the rip-off was headed up Erwin Dokter, who was CEO of each corporations.

Though there’s no point out of Dokter on Safir’s web site right this moment, Zeniq advertising movies nonetheless characteristic him:

Immediately Safir’s web site cites Henk Diepbrink as Managing Director of the corporate.

Diepbrink, a Dutch nationwide, is a former ACN promoter. His company bio claims he’s been energetic in MLM since 1992.

Of further observe Asker Sakinmaz’s involvement in Safir.

Sakinmaz is a co-founder of the collapsed Flexkom pyramid scheme.

Following felony expenses filed in opposition to him in Belgium, Sakinmaz was convicted and sentenced to forty months in jail in 2020.

Different members of Safir’s “Elite Circle of Belief” are additionally promoters of scams:

  • Toanui Llaona is a former promoter of the Vortex Income Ponzi scheme
  • Werner Kaiser is a former promoter of the Lyoness Ponzi scheme
  • Thomas Englert is a former promoter of the PlatinCoin Ponzi scheme

On the time of his sentencing Asker Sakinmaz was residing in Turkey. The scammers behind Safir and Zeniq Coin seem to have since fled to Dubai.

Because of the proliferation of scams and failure to implement securities fraud regulation, BehindMLM ranks Dubai because the MLM crime capital of the world.

BehindMLM’s pointers for Dubai are:

  1. If somebody lives in Dubai and approaches you about an MLM alternative, they’re attempting to rip-off you.
  2. If an MLM firm is predicated out of or represents it has ties to Dubai, it’s a rip-off.

Following Dubai’s authorities issuing a uncommon Zeniq Coin securities fraud warning in 2021, Safir now represents it’s run by way of a shell firm in Ras Al Khaimah, UAE.

On the time of Russia’s fraud warning, SimilarWeb tracks high sources of visitors to Safir’s web site as Germany (21%), Norway (18%), Austria (14%), the Dominican Republic (9%) and the UK (5%).

Safir’s web site visitors was down as a lot as 73% throughout these international locations month on month.