Nugen Universe demands affiliates hide Nugen Coin fraud
Seemingly in response to BehindMLM’s coverage of Nugen Universe, the Ponzi scheme has demanded affiliates immediately delete incriminating evidence.
BehindMLM reported on Nugen Universe on June 27th. In our article, we blew the lid on Nugen Universe’s plans to license a bank in the US and continue to commit securities fraud.
This appears to have set off alarm bells at Nugen Universe, who responded by updating their affiliate Terms and Conditions.
Any and all advertisements for the company are strictly prohibited without prior written approval of the Company.
This includes, but is not limited to, all public/social media forums and network such as YouTube, FaceBook, Instagram, Linked-In, Twitter, etc.
Should any harm arise to the company due to the violation of the above terms, the company reserves the right to legal remedy and by checking the box below, the member understands and agrees to these terms and conditions and agrees to pay legal fees for both parties arising from any harm done to the company.
Member also agrees to remove any existing posts, videos, etc. that have not been previously approved.
Any violation of this agreement may cause your account to be locked and member may forfeit some or all of this or her benefits.
Nugen Universe makes an exception for “corporate sponsored webinars and conference calls”, which they state “may freely be shared”.
It is assumed that Nugen Universe’s securities fraud and Ponzi scheme won’t be discussed on these webinars and calls.
From a regulatory standpoint, securities fraud can’t be undone. Hidden securities fraud is still securities fraud.
Nugen Universe co-founders Fazil Mohamed Jabar (right) and John Austin are based out of Florida and North Carolina respectively.
SimilarWeb pegs 90%+ of website traffic to Nugen Universe’s website as originating from the US.
Should US authorities investigate Nugen Coin, hiding securities and wire fraud lends itself to criminal conspiracy charges. That’s on top of civil securities fraud charges.
Update 1st February 2023 – Nugen Coin has collapsed.
I don’t know if this has been said but my mom is strongly supporting Nugen coin and supposedly the CEO left and they haven’t given an explanation.
Also something very important that could count as a security risk would be that if you check your Nugen profile, it lists a ton of things about the account but one of those things includes an IP address.
I checked if it was ours and it wasn’t.
I don’t know where to send this but yeah, I wish my mom listened to my reasons to why she should stop but she’s been brainwashed to believe she will get tons of money from Nugen.
If John Austin walked from NugenCoin this is the first I’m hearing it. Do you have any hard confirmation?
I don’t have any hard confirmation. All I know is that the person that told my mom about the coin has contact with people from the company (or something like that) and they told her that the CEO left and their daughter or someone related hasn’t given a response.
They also have been currently changing the website and it hasn’t let anyone log in.
Again, I don’t have and evidence to support my claims other than my word but I can try to maybe screenshot certain things that you might want to see and upload or link them here.
As for the CEO leaving, they haven’t talked about that at all for a week now so I don’t know what might’ve happened there.
Thanks. Summed up sounds fishy but without confirmation I’ll wait to see how this plays out I guess.
Fazil stole John’s hard work and ideas basically by star another company… John left because he pissed… ofc…
I’m sure it had nothing to do with the Ponzi scheme collapsing.