Beware of UCI Global – Review

Following the failure of United Capital Investments (later UCI Global) in 2020, owner Antoun Toubia reappeared in 2021 with The Swedish Trust.

This firm is still making promises with no return, as noted by BehindMLM reader Hester in March 2021.

The name of UCI has been changed to Swedish Trust.

For the past two years, there have been four money pools, none of which have been paid out, and yet individuals continue to pay money to UCI. WTF?

I took a glance at The Swedish Trust, saw that it had nothing to do with MLM, and went on.

The Swedish Trust has subsequently been revealed to be a continuation of the investment scam that began with UCI Global.

Toubia (right) is thought to be waiting on millions of euros in investments from UCI Global and The Swedish Trust as of late 2021.

Toubia was resurrected in late 2021 after collapsing in the middle of 2021, ostensibly to appease investors.

The following is an excerpt from a Zoom call hosted by The Swedish Trust in October.

Toubia began the conversation by stating he was unwell and that his disappearance was due to surgery.

Before the operation, before we stopped the Zoom call(s), I wasn’t the man you knew.

I had surgery, and it completely transformed my life.

Toubia goes on to blame COVID-19 and “family troubles” for The Swedish Trust’s demise. He alleges things were so awful that one of his teammates considered suicide.

I’m not certain what happened. Toubia is said to have given a large sum of money to a man named Christian Fortune (aka Chris Fortune).

I’m not sure if this individual exists at all.

Fortune, on the other hand, was entrusted with creating profits through trade. Toubia claims that Fortune’s trading activities produced 625 million euros to be “paid out,” citing a purported correspondence between himself and Christian.

The dividend was supposed to happen in May 2021, but it hasn’t happened yet.

As you are aware, we have been having difficulty getting funds from the person in whom we invested. His name is Christian Fortune, by the way.

For nearly 10 years, he was my business partner. We’ve collaborated on several projects.

Anyway, we don’t know why Christian Fortune (is) still holding up to the money for unknown reasons, at least for the time being.

Toubia insists he’s moved on, even though he’s happy with writing off the loss.

I’m here today to start a new chapter with everyone and lay the foundation for a new foundation and a better business for us. For everyone, but especially for you.

And to make up for all the errors we’ve made in the past.

Of course, I accept full responsibility for everything that occurred, including any delays. Because I choose to put my confidence in some individuals.

We’re not here to talk about it. I’m here to reassure you that your pool profits, as well as your investment, are safe. They will undoubtedly occur. That’s something I’m going to do.

It makes no difference if I was duped. If I’ve been duped. It makes no difference whether I was deceived. That’s all behind me now.

I’m going to show you our new plan today. This is our strategy.

Toubia then goes on to “accept full responsibility” for The Swedish Trust’s demise, blaming the Swedish government: “There were some reports that uh, that I am not telling the truth and that I fabricated some bull- y’know some tale that “Yeah I cannot register you.”

In Sweden, I have no intention of not registering you as limited partners. I always intended to make you full partners in the Swedish Trust, and I still want to do so.

However, the Swedish government is not yet prepared… to form a trusted business in Sweden with more than forty limited partners.

So I came up with a solution…

Is that the answer?

Creating a British Business Bureau shell business in the United Kingdom. On February 17th, 2022, Business Bureau Britain LTD was formed.

Through a virtual office address in London, Toubia is designated as the company’s only Director. Georgia is Toubia’s official home country.

Shell company formation in the United Kingdom is widely connected with fraud and is virtually uncontrolled.

To that objective, Toubia formed Business Bureau Britain LTD with a capitalization of USD 2 billion.

It is nonsense, because, as I have stated, the United Kingdom as a whole is uncontrolled. Any Mickey Mouse data will be cheerfully rubber-stamped by the UK government.

Toubia aims to set up his fraudulent investment scheme by issuing Business Bureau Britain shares based on this wholly fictitious statement of capital:

As a result, the company’s stock is worth less than one penny per share. Consider how many shares you’ll need for your investment, profit, or whatever else.

Of course, I’m not expecting you to provide any funds. We’re just transferring the X amount of money that we owe you into stock.

This is a securities offering:

The potential for these stocks to rise in value… It has enormous potential, and we anticipate annual growth of at least 100%. The worst-case scenario is this.

Neither Business Bureau Britain nor Toubia is registered with the Financial Conduct Authority.

So, where will all the cash come from?

Toubia trotted out the same non-existent businesses when he created The Swedish Trust.

Surprisingly, the fraudulent investment scam now includes a component from the United States:

We established a firm in the United States. This is it… Because we are still in the early stages, I am unable to offer you any information on the US firm.

The corporation in the United States is already registered. We’re only waiting for the EIN right now. It will take between twenty and thirty days to get that figure.

After that, we were assured by our law firm in the United States that we would be given a bank account for that corporation.

So, why did we establish a firm in the United States?

By the middle of January, this firm should have a fully operational bank account. After that, we’ll proceed to the Securities and Exchange Commission or SEC. We’ll apply to them to be able to raise funds from the US market.

I don’t know the name of the firm, but Toubia says it’s a Wyoming corporation.

I looked up Antoun Toubia in the Securities and Exchange Commission’s Edgar database. There was no response.

In any case, Toubia has a long way to go before he can legally solicit investment for The Swedish Trust in the United States. To begin, that business, as well as the UK shell company and Toubia himself, would need to register with the Securities and Exchange Commission (SEC).

Creating a shell business isn’t enough on its own.

Toubia would then have to produce audited financial reports describing his investment opportunity and business activities in detail (plans to generate external revenue).

The corporation will be flooded with cash. There is no doubt about that.

Naturally, many individuals will accept the deal and remark, “OK Anton, you owe me…” I put $500 into it, and you owe me $50,000? “Hand it over to me.”

Thank you, thank you, thank you, thank you, thank you, thank you, thank you, thank you, thank you, thank you, thank you,

Toubia hasn’t bothered to register his investment plan with the FCA in the UK, so it’s doubtful that he’ll do so in the US.

Securities fraud occurs when this is not done.

Toubia claims he was giving refunds to investors, however, that is no longer an option as of October 2021.

As a result, we now have a corporation with trapped investors who are still waiting for promised rewards.

It’s unknown how much money Toubia took from United Capital Investments, UCI Global, and The Swedish Trust.

As we approach the sixth year after the original United Capital Investments website name was established, it should be evident that the only individual who has made any money in Antoun Toubia is you.

Toubia’s latest investment scam piques BehindMLM’s interest as far as there are UCI Global victims in The Swedish Trust. We’ll keep an eye out for any further developments.

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