Skyway Capital & Five Winds investment fraud warnings from Slovakia
The National Bank of Slovakiahas issued investment fraud warnings against Skyway Capital and Five Winds.
With respect to Skyway Capital, the Bank of Slovakia has issued a warning against First Skyway Invest Group Ltd (UK).
Skyway Capital operates via a network of shell companies, all ultimately owned and operated by the same people.
The regulator warns that Skyway Capital is not registered to offer securities in Slovakia or the EU, and therefore illegally solicits investment from Slovakians.
Skyway Capital launched back in 2016. The company initially advertised 22% daily ROIs, however that was pulled shortly after launch.
As I understand it Skyway Capital continues to pay pyramid recruitment commissions, however ROI payouts have been suspended for some time.
To date Skyway Capital has failed to provide evidence of external revenue has been provided.
Instead the company focuses on attracting gullible investors through transport themed marketing hype and promises.
The Bank of Slovakia’s Five Winds warning is again securities related.
The regulator warns that Five Winds Asset Management and QW Lianora Swiss Consulting are not licensed to provide investment services in Slovakia or the EU.
Like Skyway Capital, Five Winds has a number of shell companies attached to it.
In addition to securities fraud, the Bank of Slovakia states Five Winds ‘is most likely to be a pyramid fraud‘.
BehindMLM confirmed as much in our September 2017 Five Winds review.
It’s worth pointing out that Five Winds was a reboot of the Questra World Ponzi scheme, which operated through Atlantic Global Asset Management.
The Bank of Slovakia issues a separate fraud warning against Atlantic Global Asset Management in July 2017.
Shoutout to Melanie from Germany for the heads up!
Where is the rest of the EU? If Slovakia’s Central Bank can issue this warning, where are the other Central Banks in not issuing the same warning?
I realize that there have been regulatory warnings issued by a couple of EU countries, but they ALL should have issued regulatory warning as well as their Central Banks.
Hopefully the rest will soon and get this shut down.
The top Alexa rank countries for Skyway Capital are Russia, Poland, Germany and Vietnam.
Germany has published a warning but needs to follow through on local promoters. Russia is the main problem but we know nothing will happen there.
Vietnam… no matter what scam it is if you head over to Vietnam you can probably find some someone to invest in it.
Actually the Bank of Slovakia warning states that the SkyWay company is not registered in any European Country to sell SkyWay shares.
It doesn’t actually say they are banned there or that any of these countries have released an individual warning; just that the SkyWay Group doesn’t have the necessary prospectus to legally sell their shares.
The fact that it mentions ‘anywhere in Europe’ does make the Slovakian warning unique.
Although some of the warnings mention countries like Estonia and Lithuania, this is the only one that refers to such a wide geographical area. Each and every warning is different and refers to different shell companies.
Some countries like Norway just distributed the warning sent to them by Lithuania. But Italy first distributed the warning, but afterwards released their own individual warning and finally ended up banning the sale of shares at least according to this reference: letteraemme.it/2018/07/20/sky-way-lazienda-del-tram-volante-che-non-ha-mai-realizzato-un-progetto/
Companies offering unregistered securities, like Skyway Capital, are illegal in every country that regulates securities (most countries on the planet).
Hi Oz
Hey would you please kindly msg me on (Ozedit: email removed)
I have a few questions for you.
Cheers
Ask away here or contact form button is on the top right of every page.
OZ
Check this webinar out and gimme your thoughts.
(Ozedit: link removed, see below)
Webinar link returns permission denied. Must be a private group.
Vietnam is a poor country, Vietnamese people in general are so eager to get rich and gullible. So any kind of scams, even the century-old scams can still harm thousands of people.
We suffer a lot from foreign scams, and recently also domestic scam like ifan and pincoin.
I really don’t know how to keep people from being scammed, there are so many scammers and schemes out there.
Oz
You can join the private group if you like, then you can see for yourself exactly whats happening.
Why? I already know what’s happening… another MLM crypto Ponzi exit-scam.
If it was anything significant you’d just say so and stop playing games.