OmegaPro securities fraud warning from Peru
OmegaPro has received a securities fraud warning from Peru’s Superintendencia de Banca.
It is the second fraud warning issued by the SBS against the company.
As per the SBS’ July 12th warning, OmegaPro is
operating in the country. without being registered or without authorization from the SBS.
It should be noted that according to article 11 of Law No. 26702, General Law of the Financial System and the Insurance System and Organic Law of the Superintendence of Banking and Insurance, any person who intends to collect or receive money from third parties, in the form of a deposit, mutual or any other modality, requires prior authorization from the SBS.
This is the equivalent of a securities fraud warning in other jurisdictions.
SBS declared OmegaPro an illegal business back in December 2020. Despite the classification, OmegaPro continues to be promoted across Peru.
SimilarWeb currently ranks Peru as the second largest source of traffic to OmegaPro’s website (6%, down 19% month on month).
The vast majority of OmegaPro website traffic originates out of Colombia (61%). Colombian authorities issued an OmegaPro fraud warning in February 2022.
OmegaPro is an MLM trading bot Ponzi run by Andreas Szakacs (Sweden), Mike Sims (US) and Dilawar Singh (Germany).
Since launching OmegaPro, all three founders have fled to Dubai, the MLM crime capital of the world.
In addition to Peru, OmegaPro regulatory action has been taken by Congo Republic (multiple arrests), Spain (two fraud warnings), Mauritius, Argentina, Colombia, Chile, Nicaragua, France (added to fraud blacklist twice) and Belgium.
“OMEGAPRO” / “OMEGA PRO” / “OMP Money” / “Banco OmegaPro” – Warning List
Spain – Comisión Nacional del Mercado de Valores (CNMV)
Jan 13, 2020 – cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=omegapro
Mar 28, 2022 – cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=omegapro
Peru – Superintendencia de Banca, Seguros y AFP
Jun 09, 2020 – sbs.gob.pe/noticia/detallenoticia/idnoticia/2489
Dec 14, 2020 – sbs.gob.pe/noticia/detallenoticia/idnoticia/2532
Apr 14, 2021 – sbs.gob.pe/noticia/detallenoticia/idnoticia/2551
May 28, 2021 – sbs.gob.pe/noticia/detallenoticia/idnoticia/2559
Jan 13, 2022 – sbs.gob.pe/noticia/detallenoticia/idnoticia/2584
Jul 12, 2022 – sbs.gob.pe/noticia/detallenoticia/idnoticia/2617
France – Autorité des Marchés Financiers (AMF)
Aug 04, 2020 – amf-france.org/en/warnings/warnings-and-blacklists?page=0&key=https%20//www.omegapro.world
Sep 29, 2020 – amf-france.org/en/news-publications/news-releases/amf-news-releases/amf-and-acpr-warn-public-against-activities-several-entities-proposing-france-forex-investments-and
Belgium – Financial Services and Markets Authority (FSMA)
May 05, 2021 – fsma.be/en/warnings/fraudulent-online-trading-platforms-fsma-updates-its-list-suspicious-sites-6
Colombia – Superintendencia Financiera de Colombia (Superfinanciera)
May 20, 2021 – fcm.org.co/superfinanciera-ordeno-a-ocho-personas-naturales-suspender-inmediatamente-la-promocion-en-el-pais-de-productos-de-la-sociedad-extranjera-omegapro/
Nov 23, 2021 – twitter.com/sfcsupervisor/status/1463264898507542540?lang=en
Dec 16, 2021 – dataifx.com/post/superfinanciera-alerta-por-la-promocion-no-autorizada-de-productos-y-servicios-propios-del-mercado
Chile – Financial Market Commission (CMF)
Aug 06, 2021 – cmfchile.cl/portal/principal/613/w3-article-49169.html
Mauritius – Financial Services Commission (FSC)
Jan 20, 2022 – fscmauritius.org/media/118186/investor-alert-20-jan-2022.pdf
Nicaragua – Superintendencia de Bancos y de Otras Instituciones Financieras
Feb 15, 2022 – superintendencia.gob.ni/alertas/alerta-sobre-empresa-denominada-omega-pro-nicaragua
Argentina – Comisión Nacional de Valores (CNV)
Mar 03, 2022 – cnv.gov.ar/SitioWeb/ProteccionInversor?columna=1&seccion=advertencia
Repúblique du Congo – Ministere Des Finances Du Budget Et Du Portefeuille Public
Apr 04, 2022 – finances.gouv.cg/fr/articles/conf%C3%A9rence-de-presse-du-directeur-g%C3%A9n%C3%A9ral-des-institutions-financi%C3%A8res-nationales
Thanks for that. Looks like I’ve got some new countries to add the OmegaPro fraud warning list.
No I don’t! Double-checked the list and I’ve covered each country, although there are multiple warnings that flew under the radar.
Peru stands out in particular. Six warnings and no action? That’s pretty embarrassing.
What on Earth are local Peruvian authorities waiting for?
This must look really good on Eric Worre’s Curriculum…trainer, builboard and spokesman of what seems to become one of the major ponzi scams on the planet.
And by the way. They stopped paying out the small people. Only Leaders still get paid!! THE END IS NEAR.