OmegaPro loses FCA shell company license, signs Ronaldinho
Late last year OmegaPro registered its OMP Money shell company with the FCA.
Presumably following an internal investigation, the FCA has now cancelled OMP Money’s registration.
As per the FCA’s deregistration, OMP Money
is no longer registered with the FCA as an E-money agent of a regulated firm, and can no longer issue electronic money or provide payment services.
It is believed OmegaPro used OMP Money and the FCA registration to open banking channels.
In a marketing video that surfaced last September, OmegaPro co-owner Andreas Szakacs referred to OMP Money as “a bank”.
In that same marketing video, Szakacs presented OMP Money LTD’s FCA registration as a regulatory triumph.
[0:20] The most important thing I want you to do is to go to the FCA register.
At the FCA register you can search for OMP Money and see that we are regulated by the FCA.
This would be something unique I would say for our industry and I’m so happy to finally announce this.
OmegaPro and its 200% ROI Ponzi scheme wasn’t mentioned anywhere in the formation of OMP Money. Nor was it disclosed to the to FCA.
Since the FCA took action, OmegaPro has disabled access to OMP Money’s website:
In addition to the FCA, OmegaPro has had regulatory run-ins with Spain, France Belgium and Peru.
Possibly in an attempt to detract attention away from its ongoing regulatory issues, on June 3rd OmegaPro announced Ronaldinho as an “official brand ambassador”.
In the marketing video linked above, Ronaldinho can be seen visiting OmegaPro’s Dubai office.
OmegaPro being based out of Dubai is no coincidence. With little to no regulation and very few extradition treaties, over the past few years Dubai has emerged as the MLM scam capital of the world.
Ronaldinho himself is no stranger to MLM Ponzi schemes.
In September 2019 Ronaldinho emerged as the face of 18K Ronaldinho, a Brazilian MLM crypto Ponzi scheme.
After receiving his cut Ronaldinho, whose financial troubles are well documented, split from the Ponzi scheme a month later.
18K Ronaldinho collapsed in February 2020.
Based on Alexa traffic estimates, OmegaPro is currently being heavily promoted in Japan, Colombia and Nigeria.
Ronaldinho’s recruitment is likely an attempt to further break into the South American market.
Update 13th December 2021 – The FCA has reverted OMP Money’s registration suspension.
The FCA’s OMP Money license page reveals OmegaPro has linked the shell company to Viola Money (Europe) Limited, another shell company also registered with the FCA.
OmegaPro itself is not registered to offer securities in any jurisdiction.
Update 31st January 2022 – OmegaPro has lost its OMP Money shell company license again.
Viola Money (Europe) Limited has also had restrictions placed on it by the FCA.
Oz says: “In addition to the FCA, OmegaPro has had regulatory run-ins with Spain, France and Belgium” … Also Perú
sbs.gob.pe/noticia/detallenoticia/idnoticia/2532
Thanks for that. Peru’s SBS has been flying under the radar. There’s a few companies on their fraud warning list.
Oh wait, we covered the SBS warning last December. I just forgot to link it.
My bad.
TODAY:
find-and-update.company-information.service.gov.uk/company/12577980/filing-history
In doing a Google Earth search, OMP MONEY LTD does not show up as signage on any of the strip mall type of office buildings on either side of the street.
One would think with such a distinguished, great, wonderful, legal program they would have their signage plastered all over the outside of their office door. Then again Google Earth may have had the picture taken before they rented the space, and hasn’t been updated yet.
One thing is for sure, it is a really cheap area for such a distinguished, prestigious company to be renting; especially for a company that declared itself a bank.
At least it wasn’t a PO Box store. But that’s all you can say for them.
I just heard the message that the founder of OmegaPro left the company stealing all the BTC.
Can you confirm that, or investigate that?
Thanks for the heads up. Will look into it in the morning and report back.
Had a quick look around before bed. Not seeing anything to support this.
I’ve been told that this FCA suspension was only for 3 weeks and they got it back now.
Where can we check that ?
Hah, they got it back (link to the FCA registration is in the article).
Kudos to the FCA for dropping the ball (again). The accolade for jumping on Hyperverse so quickly lasted what, a few days?
OmegaPro itself is still committing securities fraud. It is not registered with any financial regulator.
You can verify this yourself as the FCA’s database is publicly searchable.
This is old news, why are you here to destroy people business.
Please update your write up. I know you want people to be hitting your website and only bad news could do that….
Read the article dumbass. It was updated on December 13th.
This warning is unbiased and real. Though, I have my money deposited with then and had also withdrawn and deposited back times 3 of what I withdrew. But we must not take this warning for granted.
Anyway, OZ thanks a lot. We watch and pray.
Another reason why “OZ” is making some nice points is the fact that the OmegaPro deduct 30% from your money if you decides to end your 14 months investment package half way within 3 months.
I think if it is not “Ponzi Schemes” and if they are actually trading and making profit – there will be no need for such deduction as “Administrative Fee” because you already paid $29 – now $49 one time activation fee – when again they must have made profit for themselves within that 3 months.
Though, I deposited and withdrew 300% profit after 17 months. They paid and I deposited timed 3 of what they paid me.
I have huge amount deposited with them right now. They have their reputation to protect here. I repeat “OZ” warning should be taken seriously. He made pretty good points.
If you have to think this and that because the company in question is committing securities fraud and operating illegally, then it’s a Ponzi scheme.
During the last Omega pro Dubai Global convention yesterday, it was claimed that OMP money is regulated by FCA. But:
OMP money is not regulated:
register.fca.org.uk/s/firm?id=0014G00002WwfY8QAJ
It’s shell company “viola money” is in special administration. It has stopped taking on new business …
This firm has requirements or restrictions placed on the financial services activities that it can operate. Requirements or restrictions can include suspensions.
register.fca.org.uk/s/firm?id=0010X00004D8y4rQAB
ia-insolv.com/case+INTERPATH+PLC18C5249.html
More details about Omega Pro bank Shell company:
OMP money shell company “Viola money ” warning:
Source: FCA
finextra.com/pressarticle/90865/viola-money-enters-administration
I have seen Christian Michel Scheibener, the founder of Nexus Global, is a part of OmegaPro as well. Such a coincidence.
@Shane
Yes, Christian Michel Scheibener (Wor(I)d International) + Omniatech +Nexus Global and now OMEGAPRO as COO .
Success story for Himself (not for his investors / clients / Victims)
facebook.com/OmegaProOfficial
Steven seagal is also a promoter of OMEGAPRO
On stage at the Global convention January 2022.
facebook.com/OmegaProOfficial/photos/pcb.1574003816307150/1574003702973828/
As all the other “members” of Omegapro, Steven Seagal has an history in promoting SCAM.
barrons.com/articles/crypto-scam-steven-seagal-51628114432
It seems OMEGAPRO is choosing everyone with Scam history fo promoting and running their business.
(Jordan Belfort s the master).
Thanks for the heads up. Seagal making an appearance at the event was news to me.
@ Oz
Don’ forget the King of the King of Omegapro celebrity promoter and coach.
JORDAN BELFORT
Jordan Belfort with Omegapro:
youtube.com/watch?v=09p8gs3I5TA
OmegaPro Super Training with Jordan Belfort:
facebook.com/watch/?v=600679047760411
Omegapro With Jordan Belfort, you will learn about the business ethics:
facebook.com/OmegaProOfficial/videos/2050989008408799
Look at the movie “Wolf of Wall Street” the marketing concept of Omegapro is very similar.
There are quite a few “legitimacy via association” shills attached to OmegaPro. A lot more than the two I covered at their recent event.