Eaconomy has obtained a securities fraud warning from Quebec’s Autorite des Marches Financiers.
The AMF added Eaconomy to its investor warning record on March twenty fourth, 2023.
Eaconomy Restricted will not be registered with the Autorité des marchés financiers (AMF) and isn’t licensed to solicit buyers in Québec.
BehindMLM first reviewed Eaconomy in Might 2019. Eaconomy’s authentic iteration collapsed in lower than a 12 months.
The model lay dormant till is was resurrected by proprietor Hassan Mahmoud (proper) in April 2021.
Eaconomy’s reboot noticed the MLM firm launched by way of Past Wealth.
In a nutshell you had varied buying and selling and cryptocurrency choices. Contained in the US Eaconomy solely provided alerts.
Exterior the US the corporate dedicated securities fraud by way of Past Wealth’s “Achilles” automated buying and selling bot.
BehindMLM final reviewed Eaconomy in November 2021.
In that overview we strongly suspected Eaconomy was working as a pyramid scheme. We additionally recognized securities fraud.
Eaconomy is a US-based MLM firm run by Las Vegas resident Hassan Mahmoud (proper).
Neither Eaconomy or Mahmoud are registered to supply securities in any jurisdiction.
In 2019 Mahmoud settled commodities fraud prices with the CFTC for $75,000. The fees pertained to Eaconomy’s predecessor, Silver Star Dwell.
Each Silver Star Dwell and Eaconomy share comparable foreign currency trading themed enterprise fashions.
