Eaconomy @ BehindMLM

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…]

Company owner Hassan Mahmoud is gearing up to reboot his collapsed Eaconomy forex opp. Rather than a straight reboot, Mahmoud has revealed he’s partnered Eaconomy with Beyond.

Eaconomy has voluntarily dismissed its case against Auvoria Prime. As per a stipulation of voluntary dismissal filed on December 1st;

Eacononomy has been denied contempt sanctions against defendant Auvoria Prime.

On June 1st Eaconomy filed a motion to show cause, alleging Auvoria Prime should be held in contempt for violating an agreed upon restraining order. The agreement was reached in April in lieu of a requested injunction, saving court time and legal fees for both parties.