Xifra Lifestyle founder Jonathan Sifuentes arrested in Mexico
Xifra Lifestyle founder Jonathan Yemelian Sifuentes was arrested earlier this week by Mexican authorities.
Quoting local media, CVBJ reports Sifuentes was arrested
in the company of about nine bodyguards, with long weapons and hundreds of thousands of Mexican pesos in cash.
Uh yeah, MLM is a bit different in Mexico.
Sifuentes and his cronies were arrested in connection to threats against police officers and attempted bribery.
Police brought charges against Sifuentes and his crew but were unable to make the charges stick in court.
Both facts could not be verified, for which a judge from the Criminal Justice Center dismissed the process against the detainees.
This saw Sifuentes and his accomplices released.
Their current status is unknown but, at time of publication, Xifra Lifestyle’s website is offline.
Whereas Mexican authorities might be in over their heads, they have revealed an alleged parallel investigation into Xifra and Sifuentes by US authorities.
What local sources do allege is that during the process the authorities received Yemelian’s file, which includes an investigation currently open in the Arizona Corporation Commission, in the United States, for alleged fraud as part of a cryptocurrency pyramid scam.
This follows a Xifra securities fraud warning, issued by Mexico’s Comisión Nacional Bancaria y de Valores in September.
Despite committing securities fraud in the US and Mexico, Xifra affiliates claim the company operates legally.
BehindMLM reviewed Xifra Lifestyle in September 2020. At the time the company was pretending it was run by CEO George Goodman.
Xifra Lifestyle’s business model saw the company market returns of up to $8000 a month.
With no verifiable external revenue source, we concluded Xifra Lifestyle was a Ponzi scheme.
At time of publication, Alexa ranks the US as the top source of traffic to Xifra Lifestyle’s website (21%).
I don’t speak Spanish but I assume that’s 17 mins of Sifuentes explaining how he stole a bunch of money through Xifra.
Just a note, you have the site wrong. I’ts myxifralifestyle.com and seems to be working fine
That’s not the public-facing domain. It was definitely “xifralifestyle.com”.
That looks like the affiliate backoffice.
I see what you mean, checked a snapshot now on wayback…
Ted Nuyten is a Gun for Hire – first OneCoin and now Xifra.
Ted will promote any Ponzi if you pay him Top dollar, if you
pay him a bit more he will ‘smear campaign’ you competitors.
Businessforhome = Bullshit from home = zero integrity
#2 and #3 …I think is:
Old website: xifralifestyle.com
Back Office: myxifralifestyle.com/
New website: xifraglobal.com/
That Xifra Global website looks very recent.
Domain was regged in late August but was only last updated on Nov 20th.
Wayback machine archived a live website on the domain on December 30th. Given they didn’t reven redirect the original Xifra Global website, this seems like a rush job.
If Xifra and Sifuentes are under investigation, maybe they don’t have control of the original domain any more.
FYI: First, all charges related to the alleged threatening of a police offer and attempted bribery were dismissed for lack of evidence!
Evidently he was traveling from one state in Mexico to another with a team of highly armed bodyguards, not unusual in Mexico due to the number of kidnappings of wealthy people or business people in Mexico by the drug cartels.
Although their weapons were registered and licensed in their home state, they were not in the state in which the incident occurred.
It appears the only issue to be resolved is the weapons charges, which is likely to result in a fine, so this is really a non-story in the long run.
Regarding the investigation mentioned that involves the state of Arizona, that pertains to a previous company that Jonathan Sifuentes was involved with as a distributor, and not XIFRA.
There’s your latest updates…
Where’s this from?
Mr. Sifuentes left to México so that he cannot be served from the securities comission in Arizona.
He has his attorney begging for the charges to be dropped because he cannot be served.
He conned people out of money in other companies like my bitcoin trader, axxion club, and now mining llc. He knows he is fucked and is only creating smoke screens so that his investors don’t see the truth like scumbag trump.
Xifra is getting money from people in the USA who have no knowledge of investments.
I was approached couple days ago by a ponzi promoter from cape town. Seems like it has started being promoted in sa now.
One of the top promoters is Mr black, from Crowd1 and features as one of the main presentors, Big Red flag for me.
They are selling it as a means to make “life-changinging wealth” , now. Even though I know some of them do trade, as well as take part in crypto faucets, ICO’s , IDO’s and are invested in metaverse tokens, I conclude that they are aware that this is a ponzi, but the greed outweighs the possibility of imminent collapse.
So they will get in with the minimum amount, try to sign up all of the people in their previous failed networks ,along with their leaders, cash out as much as possible, very early, leaving all of the newcomers with all the the bags. then move on to the next scam.
WARNING: Emmanuel Bernstein is promoting and calls himself the VP of North America (see snipboard.io/mWITiD.jpg)
This is Emmanuel’s Facebook page
This is the marketing website he’s using to pitch Xifra
Emmanuel previously promoting iBuumerang
In this video he claims to have been on “this journey of personal development” for 25 years. Yawn.
Steven Rachel on his YouTube channel is a spokesman for his Xifra team in the USA. (youtube.com/c/StevenRachel/videos).
His explanations about Xifra are very positively convincing about making money.
I see huge amounts of people signing with their team on every platform. Am I missing something here?
I would say so, yes. If you’re swayed by convincing, positive stories from YouTubers, Heaven help you. Convincing, positive spins are a dime a dozen on YouTube.
Of course the story will sound convincing. That’s what con artists are good at.
Read the review. Xifra is a scam. Anyone trying to get you to join is a scammer. How can you not get that?
Yes, Sir, I do now. Thanks.
Yes, THAT will likely happen.
But unfortunately, most of these huge amounts of people will lose huge amounts of money in the scam.
Yes. You are missing that social media is not a substitute for registering with financial regulators and filing legally required audited financial reports.
You are absolutely correct Sir. My apologies to all Behind MLM members
I’m screwed. I signed up last year. I didn’t have any issues getting back my investment…until now.
I requested a withdrawal over a week ago and it has not been made. I think they packed up and left, and left us all hanging.
They took my money and ran. I was guaranteed a return rate of up to $1k per week. This was in April of this year, just about 3 months ago.
They said that was possible because they “diversify” into 3 different investment strategies.
They said I would duplicate my investment in about 18-24 months.
Then everything went downhill. I NEVER saw a dime back from my investment of almost $78k.
By the way, they closed their offices in Guadalajara in May and supposedly are now operating remotely and the company is now called “Decentra”.
There are 2 guys that are supposedly in charge. Jonathon Sifuentes and someone names Ramsés.
I have been working with a person who was affiliated with them for 9 years (up until May of this year, she left due to losing her money with them) and she has been trying to advocate for me to get them to at least give me $10k back “for now”. But that’s been a month already.
As I write this message, I am literally waiting for her to get back to me with some kind of update.
unable to withdraw my money….. it is BIG PONZI!!!!Scheme…rebranding to DECENTRA….RUNNNNNNN AWAYyYyyy…
you will lose your hard earned money….bunch of scammers sadly that is how i will conclude it!
To anyone that was a victim of this predator, please PLEASE contact the Securities Exchange Commission in Arizona. Sifuentes already has a lawsuit there for his former company my trader coin.
I have made my declaration and it is being investigated but if more people give their declarations, the chances are greater that this MF will be prosecuted.
By the way they did recover money from that Ponzi scheme for some of the victims. So there is still a possibility we can recover our money too. But you have to come forward.