Eaconomy @ BehindMLM

Eaconomy has received a securities fraud warning from the Czech National Bank (CNB). As per the CNB’s November 11th, 2024 warning;

Eaconomy has received a securities fraud warning from the UK’s Financial Conduct Authority (FCA). As per the FCA’s November 25th, 2024 warning;

Eaconomy has received a securities fraud warning from the National Bank of Slovakia (NBS). As per NBS’ October 25th warning;

Eaconomy has received a securities fraud warning from New Zealand’s’ Financial Markets Authority (FMA). As per the FMA’s October 2nd, 2024 Eaconomy warning;

Eaconomy has received a securities fraud warning from Norway’s Finanstilsynet financial regulator. The Norwegian Consumer Protection Authority (Forbrukertilsynet), additionally warns Eaconomy “has several similarities with illegal pyramid schemes”. As per Finanstilsynet’s September 25th, 2024 warning;

Ali Saleh has screwed over the attorney representing him in his Eaconomy case. On February 5th Saleh’s attorney filed a motion requesting permission to withdraw. The court granted the motion on February 21st.

Eaconomy and owner Hassan Mahmoud have been sued for unpaid commissions. Plaintiff Ali Saleh, a resident of New Jersey, alleges he is owed $150,000.

Eaconomy has received a securities fraud warning from Quebec’s Autorite des Marches Financiers.

Eaconomy was first reviewed here on BehindMLM in May 2019. Eaconomy’s original launch collapsed in less than a year. The brand lay dormant until is was resurrected by owner Hassan Mahmoud (right) in April 2021. Eaconomy’s reboot saw the MLM company launched through Beyond Wealth. In a nutshell you had various trading and cryptocurrency offerings. [Continue reading…]

The FTC has issued at least 379 MLM companies with deceptive and/or unfair conduct notices. This was announced by the FTC on October 26th. If it slipped under your radar, you’re not alone. I learned of the FTC’s announcement via a tip sent in by a reader. At first I thought there was some funny [Continue reading…]