OmegaPro & OMP Cash securities fraud warning by Colombia

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OmegaPro and OMP Cash have acquired a securities fraud warning from the Monetary Superintendence of Colombia.

As per the SFC’s December sixteenth warning;

The provide of services and products which are typical of the inventory market of any agency or platform hosted overseas to residents within the nation should have the correct authorization from this management physique.

OmegaPro and OMP Cash do NOT at the moment have any authorization to advertise their monetary merchandise and/or companies to residents within the nation straight or not directly and thru any means, particularly, these of the inventory market.

That is the equal of a securities fraud discover in different jurisdictions.

OmegaPro is a 200% ROI MLM alternative. BehindMLM reviewed OmegaPro in January 2019.

Noting securities fraud and pyramid recruitment, we concluded OmegaPro was a Ponzi scheme.

OmegaPro stakes its legitimacy on OMP Cash, a UK shell firm.

OmegaPro registered OMP Cash with the FCA, and represented this legalized its funding scheme inside the UK.

As half of what’s believed to be an ongoing investigation, the FCA has now revoked OMP Cash’s license twice.

OmegaPro is run by co-owners Andreas Szakacs, Mike Sims and Dilawar Singh.

OmegaPro and its executives function from Dubai, the MLM rip-off capital of the world.

As celebrated on BusinessForHome, OmegaPro recruitment in Colombia is headed up by Kevin Cadena, Oscar Cometa, Adriana Boada, Angie Amaya, Yerson Duran, Santiago Rozo, Jose Rodriguez, Andres Prieto and Jose Sinisterra.

Colombia is the sixth jurisdiction to take regulatory motion towards the Ponzi scheme.

The SFC’s warning follows regulatory motion in Spain, France, Peru, Belgium and Chile.

The SFC notes that in 2021 it took regulatory motion towards twelve people selling fraudulent companies.

Whether or not Colombian regulators take motion towards OmegaPro promoters stays to be seen.