Xifra Ponzi collapses, rebooted as Decentra & fleeing to Dubai
Xifra Lifestyle has collapsed. Investors report withdrawals problems beginning late April.
Now the Ponzi scheme is purportedly gearing up to reboot as Decentra.
As reviewed here on BehindMLM, Xifra Lifestyle was a simple 200% ROI Ponzi scheme.
The scam was run by Brazilian national Jonathan Sifuentes, who is believed to have ties to Mexico and the US (Texas).
Xifra Lifestyle itself represents it is based out of Mexico.
Last September, Mexican authorities issued Xifra Lifestyle a securities fraud warning. This was followed up by a $49,321 securities fraud fine on December 8th.
Eight days later on December 16th, the domain “decentrauniverse.com” was registered.
Decentra began earlier than that though. During a November 2021 marketing event in Cancun, Xifra rolled out Decentra University pseudo-compliance:
Speaking of cryptocurrencies, XIFRA made a surprise announcement on Sunday 21 that they were working on having their own token, although this would not go live until December 2022.
Another service, Decentra University, was announced during the event. It is an educational service that will include training material in various areas and will start with a good catalogue of content related to new technologies, such as Blockchain and artificial intelligence, both fundamental pillars at XIFRA.
Within the contents of the Decentra platform, there is an important highlight, which is the EXCLUSIVE leadership and personal growth mentoring by John Maxwell.
That original plan appears to have now been abandoned, in favor of rebooting Xifra Lifestyle through Decentra entirely.
Decentra marketing began to be pushed out as early as March 2021:
Now Xifra Lifestyle investors are pushing the marketing angle of Decentra “absorbing” Xifra Lifestyle:
As above, this brings with it the claim that Xifra Lifestyle’s Ponzi, through Decentra, is “registered and Compliant in the USA”.
This is a load of baloney. A search of the SEC’s Edgar database reveals neither Xifra Lifestyle, Decentra or Jonathan Sifuentes are registered to offer securities in the US.
While baloney, Michael Anderson’s claim above isn’t surprising.
Xifra Lifestyle investors have been falsely claiming the company is legal in both Mexico and the US for months.
Decentra represents itself as a defi blockchain bro company run by persons unknown. It is in fact a continuation of Xifra Lifestyle, run by Jonathan Sifuentes.
The Securities Division of the Arizona Corporation Commission filed a securities fraud application against Sifuentes in 2020.
The application pertained to past Ponzi activity by Sifuentes, dating back to 2017.
I want to direct you to this quote from Sifuentes in the ACC’s application;
Sifuentes also told offerees and investors at a presentation in Sosa’s office that MTCoin was a great investment and that he had personally made lots of money already.
He also stated that the federal government had no control over the company because they were using an independent company for their money accounts, making the investment very low risk, he never described any risks.
Decentra is Sifuente’s “independent company” for Xifra Lifestyle. He’s living out the regulatory fantasy he never got to execute with My Trader Coin.
As part of that fantasy, Sifuentes appears to have moved himself, Xifra Lifestyle and Decentra to Dubai.
Dubai is the MLM scam capital of the world. Moving there puts Sifuentes out of reach of US and Mexican authorities, enabling him to continue defrauding consumers.
In April 2022, Sifuentes, appearing in a YouTube video titled “The XIFRA / DECENTRA UNIVERSE Story Documentary 2019-2022“, claimed he was “the most highest paid guy in the industry of network marketing”.
I’m the highest paid guy in the industry.
If you take seven guys from BusinessForHome and you add what they’re making, that’s what I’m making a month.
Based on marketing videos on Decentra’s official YouTube channel the Xifra Ponzi scheme will be run alongside Decentra’s membership scheme.
Decentra charges $99.95 and then $34.95 a month or $349.95 annually, for access to various services (a travel-booking engine, Decentra University etc.).
All payments within Decentra are made in bitcoin, with Decentra pitching an 88% annual ROI investment scheme:
Names of note within the MLM industry who have hitched their wagon to Xifra, include Shane Morand and John C. Maxwell – both US citizens and, unless I’m mistaken, US residents.
Shane Morand is one of the co-founders of Organo Gold. Morand left Organo Gold after a botched attempt to pitch crypto scams to distributors.
Morand resurfaced in late 2021 as a crypto bro pitching Trujivan, a Tycoon69 Ponzi trojan horse.
That appears to have fallen through, with Morand continue his crypto fraud journey with Decentra.
To fully live out the MLM crypto Ponzi dream, Morand relocated to Dubai a few months ago:
John C. Maxwell is a frequent speaker at MLM events. He appears to have gotten involved with Sifuentes a while back.
Maxwell’s name and image are being heavily used to insinuate Xifra Lifestyle and Decentra are not Ponzi schemes committing securities fraud.
Maxwell’s LinkedIn profile places him in Florida.
While it should be obvious changing the name of your Ponzi scheme and pretending it runs itself to avoid regulation is ridiculous, this is where the MLM crypto space is at.
Toss in Dubai and all that’s missing are new gullible investors to keep the original Xifra Lifestyle Ponzi going.
Based on representations from Xifra Lifestyle investors…
…the Decentra Xifra Lifestyle Ponzi reboot is scheduled to kick off on May 29th.
Update 10th May 2024 – Following Decentra’s collapse, Jonathan Sifuentes has turned up at the Mavie Global Ponzi scheme.
haha You don’t even know what your talking about ….John C Maxwell has over 400 videos in Decentra University …I have gone through the first video series….12 10 to 15 mins videos where he addresses us at Xifra members….. COME ON MAN…..
Do your freaking homework before you start posting this garbage…you make your company or website look ridiculous to people that will do their homework and find the fraud is in you ….
I know I know you won’t post this ….but I wanted you to know cause your the one that put it out there !
Please tell me “Xife” is a typo and not another member of Sifuentes’ full-spread shotgun blast of reboot entities…
@Michael
And? Legitimacy via association isn’t a thing. This is exactly what I was referring to in the article.
Xifra Lifestyle and Decentra are a Ponzi scheme because they recycle invested funds to pay returns. Attaching John C. Maxwell to that fraudulent business model doesn’t make it legal.
Xifra Lifestyle, Decentra, Sifuentes aren’t registered with the SEC. They aren’t registered to offer securities in any jurisdiction.
With respect to you living in the Philippines, that includes the Philippine SEC.
Promoting unregistered securities in the Philippines attracts a fine and, if memory serves, a prison sentence of up to 20 years.
You sound like someone who’s new to MLM Ponzi schemes. Sifuentes has been scamming people through MLM Ponzis dating back to at least Lucrazon Global in 2013. Sorry for your loss.
Arizona has caught up with Sifuentes and that’s still playing out. Here’s hoping that case and Xifra attract the attention of federal regulators.
Can’t hide in Dubai forever.
This comment was fine. I did nuke the mountains of abuse you left before it though.
You sound way too emotionally attached to your Ponzi scheme. The perfect mark I suppose.
@Amos
I couldn’t even tell you where “Xife” came from lol. Thanks for catching that.
edit: Xife –> Dece(ntra)? Only thing I can think of.
500 million $$$ disappeared magically with Xifra.
The 200 fools in Dubai are dealing with mr JS, mr JS never can return to the USA where he is wanted! (mr JS is involved in the court case of the MTCoin investments case)
Js walks around with 15 bodyguards. His Father had a collapsed Ponzi to his name in 2015 in TX and later his mom in 2017.
there are public records of this by the IRS, when mr JS does not like a person they get treats and being followed and shadowed, some people needed to flee the country.
once in the web of mr JS you never come out, if you understand Spanish listen to this short explanation of this Terror on YouTube:
youtu.be/-ROGhJ_5Tnw
and it’s already clear that they also paid BFH to clean up the Xifra TopEarner list in order to get Decentra on it, BFH became a Ponzi pimp too.
Watch BFH in the next months promoting Decentra, it’s so obvious. These practices have nothing to do with clean and legal mlm anymore, they all are paid shills.
Most guy’s on the photo’s come from OneCoin, so they do not care about products or people, they are all narcissistic money scavengers, but now they deal with the underworld of Ponzi.
Thanks for this I really appreciate. I hate Ponzi schemes…
My previous leader from IML.. told me about investing with them.. as I type I am currently with them on zoom.
IV seen these scams b4 am not interested. Am going to destroy them now with questions.
Keep me posted.
OneCoin scammer Henrique Machado from Portugal intensively promotes Decentra on his YouTube channel:
share-your-photo.com/ca303e7570
youtube.com/c/HenriqueMachadoHM/videos
Note: He has not deleted his videos on the OneCoin scam. Here is a video from June 2015:
share-your-photo.com/06a7444350
A reminder! Henrique Machado and Ruja Ignatova:
share-your-photo.com/90cd631721
Henrique Machado and Konstantin Ignatov:
share-your-photo.com/03b2839c74
Video of July 13, 2022 on the channel of Henrique Machado:
youtube.com/watch?v=FYV3QV3DDhY
Below the video, Henrique Machado links to Dr. Greg’s team:
join.decentrabackoffice.com/enrollment/display?KEY_SALE_PAYPAY=&_PROSPECT_REGISTRATION_PROCESS=false&_SPONSOR_WISENET_ID=Henrique&rep=false&_ID_DISTRIBUIDOR_REP=0&_ID_PAIS_REP=11&time=1660121871151
share-your-photo.com/2a9b2f1ba8
The video mentioned in my last comment…
youtube.com/watch?v=FYV3QV3DDhY
…is now private. Why?
Former OneCoin scammer Henrique Machado from Portugal is now focusing on scamming with Ultron.
share-your-photo.com/61845957a9
youtube.com/@HenriqueMachadoHM/videos
https://behindmlm.com/mlm-reviews/ultron-review-failed-givvo-ecommerce-platform-ponzi-reboot/
A blast from the past:
Leonardo Cositorto and George Goodman in a “business” meeting in a non disclosed location. Allegedly Dubai.
nitter.at/pic/orig/media%2FFqeXQgjWIAIW3AC.jpg
hahahahaha. A snail is faster than the Peruvian SBS.
infobae.com/peru/2023/03/21/la-informalidad-financiera-en-el-peru-el-cuento-de-las-cuentas-virtuales-y-grandes-ganancias/
What a crock of shit. OmegaPro, Xifra Lifestyle and Generation Zoe scammed Peruvians for years while their authorities did nothing.
Oh wow, time to message the guys who tried to recruit me and find out how its going.
I was at that event in Cancun in Nov 2021, was sent there to check it out for some friends of mine.
Anyway, red flags all over the place. Had to have meeting with a guy named “Johnny Cash”. Big rings and Bling Bling, exotic cars, fancy suits…. I’ve got tons of pictures.
Anyway didn’t recommend getting involved. So glad.