Alexander Hernandez has introduced IX Inversor’s collapse, claiming the corporate has gone into liquidation.

The announcement was made earlier this week on Monday, on an official company webinar.

Hernandez abandoning IX Inversors preceded affirmation of an ongoing regulatory investigation by Ecuador’s Superintendencia de Bancos.

Ecuador’s prime monetary regulator beforehand issued an IX Inversors securities fraud warning again in January.

In an replace issued on March thirtieth, the Superintendencia de Bancos introduced the day prior it had forwarded its findings to the Monetary and Financial Evaluation Unit (UAFE).

The UAFE is a felony division that investigates cash laundering and monetary crimes. That is an escalation of the investigation into IX Inversors and Hernandez.

Fairly than simply be sincere about Ecuadorian authorities investigating him for monetary crimes, Hernandez framed IX Inversors collapse as a liquidation. This additionally applies to IX Inversor’s short-lived reboot, DIA.

Sadly it has not been potential to realize what was anticipated. The choice that has been made is that this challenge will go into liquidation. It’s going into liquidation.

An evaluation of balances can be carried out and a refund can be made to all of the individuals who haven’t recovered their capital.

The promise of refunds is a typical exit-scam tactic by collapsed Ponzi schemes. It’s mathematically unimaginable.

Particular causes for the liquidation cited by Hernandez included “disloyalty and software program issues.”

Ecuadorian media report there are literally thousands of IX Inversors victims, a few of whom liquidated property and automobiles to take part within the Ponzi scheme.

As reviewed right here on BehindMLM final December, IX Inversors was a easy Ponzi scheme pitching a 300% ROI.

Regardless of solely present as of mid 2021, founder and CEO Alexander Hernandez maintains his Ponzi scheme has been round “for 3 years” and has “roughly 450,000” traders.

Pending the result of investigations by Ecuadorian authorities, whole IX Inversor losses are unknown.

Rumors are circulating of Hernandez having fled Ecuador. These claims stay unverified.