Decentra has obtained a securities fraud warning from Peru’s Superintendencia de Banca.
As per the SBS’ July twelfth warning, Decentra does “not have authorization from the SBS to gather cash from the general public”.
It ought to be famous that in line with article 11 of Legislation No. 26702, Common Legislation of the Monetary System and the Insurance coverage System and Natural Legislation of the Superintendence of Banking and Insurance coverage, any one that intends to gather or obtain cash from third events, within the type of a deposit, mutual or another modality, requires prior authorization from the SBS.
That is the equal of a securities fraud warning in different jurisdictions.
Decentra is a continuation of Jonathan Sifuentes’ collapsed Xifra Way of life Ponzi scheme. Nearly all of Xifra Way of life victims are in Mexico and the US.
Sifuentes (proper), fled to Dubai following his arrest by Mexican authorities earlier this 12 months.
Secure within the MLM crime capital of the world, Sifuentes rebooted Xifra Way of life as Decentra.
For the reason that reboot 19 Decentra promoters have been arrested within the Philippines. Spain additionally issued a Xifra Way of life securities fraud warning in early July.
Earlier than he fled the US for Mexico, Arizona filed securities fraud costs in opposition to Sifuentes in 2020.
The ACC Securities Division’s allegations pertain to My Dealer Coin, a Ponzi scheme Sifuentes promoted previous to launching Xifra Way of life.
Sifuentes settled the fraud costs final month, with particulars of the settlement but to be made public.
SimilarWeb presently ranks prime sources of visitors to Decentra’s web site as Martinique (51%), Mauritius (23%), Thailand (12%) and France (8%).
