Validus has obtained a securities fraud warning from New Zealand’s Monetary Markets Authority (FMA).
Of their September fifteenth warning, the FMA advises they
are conscious that seminars have been held in New Zealand to advertise the services of Validus.
We’re involved that Validus is working in breach of the New Zealand monetary markets laws, particularly, Validus is offering monetary providers in New Zealand with out registration as a monetary service supplier as required by the Monetary Service Suppliers (Registration and Dispute Decision) Act 2008.
That is the equal of a securities fraud warning in different jurisdictions.
In mild of Validus committing securities fraud, the FMA additional advises;
We strongly advocate that traders don’t commerce or make investments with entities that aren’t registered and/or licensed in New Zealand.
Validus is a Dubai MLM crypto Ponzi run by former OneCoin scammers Parwiz Daud and Mansour Tawafi.
Howard Buddy is Validus’ appointed puppet CEO:
Validus pitches a 300% ROI on invested funds, paid out over 60 weeks.
Regardless of clearly providing securities, Validus just isn’t registered to supply securities in any jurisdiction.
As of August 2022, SimilarWeb tracks a decline in visitors to Validus’ web site.
- Colombia makes up 26% of Validus’ web site visitors, down 60% month on month
- France makes up 16% of visitors, down 48% month on month
- the US makes up 14% of visitors, down 11% month on month
- the UK makes up 9% of visitors, down 38% month on month
With recruitment of Validus victims in Colombia having run its course, except new suckers are discovered quickly Validus will enter collapse territory.
Dubai is the MLM crime capital of the world. The emirate is infamous for sheltering MLM Ponzi schemes and the scammers that run them.
