Mirror (non)Trading International 2 - The Fallout

Status
Not open for further replies.
Venator

Venator

Expert Member
Joined
Aug 7, 2020
Messages
1,599


As I previously said, these MTI morons have bitten off more than they can chew, and Joel's FB post about the "Dubai chapter" of MTI has put a big target on them. This guy was promoting MMM.



Popular Nigerian Instagram celebrity, Hushpuppi arrested 10th of June 2020 in Dubai, he is being held by Dubai Police and not America’s FBI or Interpol as widely reported.

UAE’s online newspaper, The National reported Wednesday that he was arrested on multiple fraud charges, along with 12 other accomplices.

The paper also revealed his real name as Raymond Abbas and his real age as 38 years.
His case has been referred to the Dubai public prosecution and is currently being questioned by prosecutors at the Bur Dubai section, the paper reported.

“The prosecutors have charged him for “obtaining money from others through fraudulent means.”

According to UAE National, security officers in the emirate arrested Mr Abbas and 12 others for online fraud that targets companies and individuals

Honestly, how do these guys come up with such ideas to scam people, i am not promoting fraudsters but it is a profession that is underated because, on a normal level how can these guys come up with an idea to scam people of billions on Naira.

Since after Hushpuppi was arrested, people have been sharing their opinion on the issue and the one making waves now is the possibility of Hushpuppi's connection to the MMM scam.

This is as a result of the huge amount of money linked to him by the Dubai Police in the recent video released, which is estimated to be over 1.6 billion Dihram which in Naira is valued at 169 billion Naira. In the video released by the Dubai police, Hushpuppi was more focused on, which states that he is the head of the gang.

The case which has now made Nigeria's reputation dirtier will definitely affect Nigerians with legitimate businesses outside the country.

For instance, Nigerians working in Dubai are currently restricted from working in some key organisations like security jobs, financial jobs, sensitive jobs and more confidential jobs.

There is a high possibility of Hushpuppi being transferred to Saudi Arabia from Dubai, and Saudi Arabia's legal system is the incorruptible Sharia Law, they have a strict law which cant be break easily.

With this article you've read, what is your opinion on the MMM being link with Hushpuppi? Please comment below.
 
PsyWulf

PsyWulf

Honorary Master
Joined
Nov 22, 2006
Messages
16,576
Venator said:


Take note in the 2nd vid, the question is "where is the money coming from". The MTI goons (and other scammers) learned from this, hence the invention of the "bot" narrative.
Click to expand...
Ironically,Mr Deon Jansen van Rensburg went to court to have it be declared "Not a Pyramid Scheme" in April 2016
1606901186781.png

The only news after this case seems to have been less than stellar,seems Deon didn't win his case
1606901358865.png

In fact,the one article actually shows a Fake news article apologizing for calling MMM a ponzi
1606901401347.png
 
N

newby_investor

Expert Member
Joined
Aug 8, 2018
Messages
4,326
PsyWulf said:
Ironically,Mr Deon Jansen van Rensburg went to court to have it be declared "Not a Pyramid Scheme" in April 2016
View attachment 965476

The only news after this case seems to have been less than stellar,seems Deon didn't win his case
View attachment 965478

In fact,the one article actually shows a Fake news article apologizing for calling MMM a ponzi
View attachment 965480
Click to expand...
I'm sorry Mr van Rensburg, but if it looks like a duck, and quacks like a duck...
 
Venator

Venator

Expert Member
Joined
Aug 7, 2020
Messages
1,599
PsyWulf said:
Ironically,Mr Deon Jansen van Rensburg went to court to have it be declared "Not a Pyramid Scheme" in April 2016
View attachment 965476

The only news after this case seems to have been less than stellar,seems Deon didn't win his case
View attachment 965478

In fact,the one article actually shows a Fake news article apologizing for calling MMM a ponzi
View attachment 965480
Click to expand...


I wonder how many of these accounts (if any, to be fair) belong to this specific Deon.


jansen.png
 
W

Wary GOM

Expert Member
Joined
Aug 23, 2019
Messages
2,317
Venator said:
Not directly linked to MMM.....but Dubai doesn't mess around.

Click to expand...
AND ---- Dubai and Saudi Arabia have vays und means to help jog people's memories about where the keys are to their wallets. I was really pleased when I saw Joel talking about a Dubai chapter. Furthermore, Dubai keeps close watch on cell phone and internet communications for topics that might harm their programme to become a trusted financial hub.

MTI has certainly bitten off more than it can chew by allowing team leaders to simply go unthinkingly into mass advertising and expansion to countries about which JS and the other Directors seem to think have democratic processes of law enforcement.
 
N

newby_investor

Expert Member
Joined
Aug 8, 2018
Messages
4,326
Speaking of recruitment drives being a characteristic of Ponzi schemes, EasyEquities just sent this promo through :X3:

They do have audited financials though. Which is much more than a certain other CIS provides.

1606906451400.png
 
Venator

Venator

Expert Member
Joined
Aug 7, 2020
Messages
1,599
Wary GOM said:
AND ---- Dubai and Saudi Arabia have vays und means to help jog people's memories about where the keys are to their wallets. I was really pleased when I saw Joel talking about a Dubai chapter. Furthermore, Dubai keeps close watch on cell phone and internet communications for topics that might harm their programme to become a trusted financial hub.

MTI has certainly bitten off more than it can chew by allowing team leaders to simply go unthinkingly into mass advertising and expansion to countries about which JS and the other Directors seem to think have democratic processes of law enforcement.
Click to expand...

Yup, and thanks to the leak the Dubai coppers can see the names and email addresses of eeeeeeveryone involved who resides within their borders.
 
PsyWulf

PsyWulf

Honorary Master
Joined
Nov 22, 2006
Messages
16,576
newby_investor said:
Speaking of recruitment drives being a characteristic of Ponzi schemes, EasyEquities just sent this promo through :X3:

They do have audited financials though. Which is much more than a certain other CIS provides.

View attachment 965580
Click to expand...

I've written my own personal Ponzi-test-bot

Bot checks if you are offered a Once-off referral fee,or a lifetime+compounded+%comm+levels deep
If A - checks out
If B - ponzi
EE seems to have passed
 
D

daneard

Active Member
Joined
Jul 13, 2020
Messages
74
Bandersnatch said:
Easy Equities is a legitimate company.
Click to expand...
Yes. Easy Equities is a subsidiary of the Purple Group. The Purple Group is listed on the JSE, and so the group is heavily regulated, and will be audited at least once a year. Often with these kind of companies will actually have a 2nd auditor reviewing the work of the first auditor.

So in summary, Easy Equities is not at all the same as our ponzi friends. EE is a proper, regulated

From their website

EasyEquities is a product of First World Trader (Pty) Ltd t/a EasyEquities which is an authorized Financial Services Provider (FSP number 22588).

So they are registered as an FSP.

And purple group below

Purple Group

Purple Group Limited is a financial services and technology group incorporated in South Africa, offering online trading, investing, asset management and pension fund administration solutions. The group incorporates four business units, namely EasyEquities, GT247.com, RISE and Emperor Asset...
www.purplegroup.co.za www.purplegroup.co.za
 
scud

scud

Expert Member
Joined
Sep 1, 2005
Messages
1,118
Venator said:
What other options have you considered and by what process did you rule them out?
Click to expand...
Just imagine what 1% of mti’s Bitcoin could influence. Even the Guptas didn’t wield that sort of clout.
 
Status
Not open for further replies.
Top