IX Inversor has allegedly collapsed, according to Alexander Hernandez, who also claims that the business has entered liquidation.
On a Monday corporate webcast, the news was made earlier in the week.
Before the revelation of an ongoing regulatory inquiry by Ecuador’s Superintendencia de Bancos, Hernandez left IX Inversors.
IX Inversors securities fraud was previously warned about by Ecuador’s top financial regulator back in January.
The Financial and Economic Analysis Unit received the Superintendencia de Bancos’ conclusions the day before, according to an update released on March 30. (UAFE).
The UAFE is a criminal unit that looks into financial crimes and money laundering. The inquiry against IX Inversors and Hernandez has now intensified.
Hernandez portrayed IX Inversors’ failure as a liquidation rather than being straightforward about Ecuadorian authorities looking into him for financial crimes. This also holds for DIA, the transient reboot from IX Inversor.
Sadly, it has not been possible to accomplish what was anticipated. This project will be put into liquidation, as has been decided. It is being liquidated.
All those who have not recouped their capital will receive a refund after a balanced analysis has been completed.
Refund promises are a frequent exit-scam strategy used by busted Ponzi schemes. It is logically not feasible.
Hernandez listed “disloyalty and software difficulties” as specific causes of the liquidation.
According to Ecuadorian media, there are reportedly hundreds of IX Inversors victims, some of whom sold off their homes and automobiles to take part in the Ponzi scam.
IX Inversors, which was examined on BehindMLM in December, was a straightforward Ponzi fraud that promised a 300 percent ROI.
The Ponzi scheme’s creator and CEO, Alexander Hernandez, claims it has been operating for “about 3 years” and has “about 450,000” investors even though it was just founded in the middle of 2021.
Total IX Inversor losses are unclear until the conclusion of investigations by Ecuadorian authorities.
There are rumors that Hernandez left Ecuador. These assertions are still unproven.