The Financial Services Commission of Mauritius has issued a securities fraud notice to OmegaPro.
OmegaPro Plc (“OmegaPro”) is being pushed to members of the public in Mauritius as a firm having a high-yield investment return, according to the FSC’s 20th January warning.
OmegaPro purports to employ artificial intelligence in its trading, and those who suggest this scam to others are allegedly paid a bonus.
The FSC does not license or control OmegaPro or any other individuals/representatives or promotional organizations operating under this brand and has never done so.
In other countries, this is the equivalent of a securities fraud warning.
OmegaPro promotes a Ponzi scheme that pays out 200 percent or more in passive returns.
The eighth jurisdiction to pursue regulatory action against OmegaPro is Mauritius.
Argentina, Colombia, Spain, France, Peru, Belgium, and Chile have all issued identical scam alerts.
Colombia (24 percent), Venezuela (11 percent), and Nigeria are the major sources of traffic to OmegaPro’s website, according to Alexa (10 percent ).
OmegaPro had being marketed in Japan until recently. This month’s recruitment appears to have come to a halt.
Andreas Szakacs, Mike Sims, and Dilawar Singh manage OmegaPro out of Dubai.
Due to a lack of regulation and restricted extradition treaties, Dubai provides a safe refuge for fraudsters. It is the world’s MLM fraud capital.