The Financial Superintendence of Colombia has issued a warning about securities fraud to Xifra Lifestyle.
based on the SFC’s warning from December 16;
This supervisory body’s approval is required before any company or platform that is hosted overseas offers goods and services to citizens of the nation that are typical of the stock market.
Xifra Lifestyle (does) NOT presently have any license to directly or indirectly and by any methods, including those of the stock market, offer their financial products and/or services to citizens of the nation.
A 200 percent ROI is offered by Xifra Lifestyle. Up to 2 percent, every day is being given out, with the proceeds coming from CBD plantation activities.
In September 2020, BehindMLM evaluated Xifra Lifestyle.
We identified securities fraud in Xifra Lifestyle’s business strategy and concluded that it was a Ponzi scheme.
Jonathan Sifuentes, the creator of Xifra Lifestyle, was detained in Mexico last month.
Sifuentes was eventually freed, however, it is unknown what his present situation is.
Sifuentes’ fraud was honored by BusinessForHome with a MasterClass gig in December 2021.
Colombia is the second-largest source of visitors to the current domain for Xifra Lifestyle, according to Alexa (30 percent ).
The SFC reports that twelve people who were promoting shady enterprises were subjected to regulatory action in 2021.
It is uncertain whether Colombian officials will take enforcement action against Xifra Lifestyle distributors.