Validus has obtained a securities fraud warning from Dubai.
As per a December twenty second alert from the Dubai Monetary Companies Authority;
Validus-FZCO is just not situated within the Dubai Worldwide Monetary Centre (DIFC). It’s not, and have by no means been, licenced by the DFSA to supply Monetary Companies or make Monetary Promotions in or from the DIFC.
Extra Validus associated entities cited by the DFSA embody VMarketing, Staff Validus, Vewards and V-Join.
These manufacturers will not be licenced or in any means authorised by the DFSA, and they aren’t situated within the DIFC.
Validus is a Dubai-based MLM crypto Ponzi scheme.
Operating Validus we now have former OneCoin Ponzi promoters Parwiz Daud and Mansour Tawafi.
Following a regulatory fraud warnings from New Zealand, Australia and Belgium, Validus collapsed earlier this 12 months in April.
Validus deserted most of its social media profiles in November 2023. Instagram continues to be energetic as of December twenty third, however seems to be on advertising autopilot.
As of November 2023, SimilarWeb tracked nearly all of Validus web site visitors from France (18%), Colombia (12%), India (12%) and Australia (10%).
Complete Validus sufferer numbers and the way a lot they’ve misplaced stays unknown.