Eaconomy has obtained a securities fraud warning from the UK’s Monetary Conduct Authority (FCA).
As per the FCA’s November twenty fifth, 2024 warning;
[Eaconomy] could also be offering or selling monetary companies or merchandise with out our permission.
It is best to keep away from coping with this agency and watch out for scams.
The FCA cites Eaconomy’s “eaconomy.greatest” web site area and UK and US company addresses.
Along with the UK, Eaconomy has obtained regulatory fraud warnings in Quebec (Canada), Norway, New Zealand Slovakia and Czechia.
Eaconomy is an AI buying and selling bot MLM firm run by US resident Hassan Mahmoud (proper).
BehindMLM final reviewed Eaconomy in 2021, noting each securities and pyramid fraud considerations.
Eaconomy markets two month-to-month subscription memberships … the first distinction between the 2 choices is the automated buying and selling bot, renamed “Aithena”.
Aithena is offered by means of Elite Professional solely. Supposedly Elite Professional is just not obtainable within the US.
Outdoors the US Eaconomy is committing securities fraud in each jurisdiction Elite Professional subscriptions are being offered.
In the present day Eaconomy markets two memberships on its web site; Eminus and Manara.
Eminus gives “commerce concepts”. Manara is an AI grift, once more providing commerce concepts. No pricing is supplied.
The CFTC beforehand fined Mahmoud $75,000 for commodities fraud in 2019.
SimilarWeb tracked ~222,000 month-to-month visits to Eaconomy’s web site as of October 2024.
High sources of Eaconomy web site site visitors are at the moment the UK (48%), Poland (12%), Colombia (8%), the US (7%) and the Philippines (6%).
Eaconomy is just not registered to supply securities in any of those jurisdictions.