Dragon World Finance may be being rebooted as EQT Financial institution.
The transition seems to be a piece in progress, with EQT Financial institution solely offering login performance right now.
BehindMLM readers tipped me off to EQT Financial institution on February twenty fourth.
Anthony Norman, proprietor of the Dragon World Finance Ponzi scheme, included EQT Group PLC within the UK on February sixteenth, 2022.
EQT Group PLC is a shell firm. We’ve coated UK shell firm fraud extensively and so EQT Group PLC isn’t of curiosity in and of itself.
What it does correspond to is EQT Financial institution, just lately arrange on the area “eqtbank.com”.
As above, EQT Financial institution’s web site is at present set to “technical difficulties”.
With a little bit of poking round although, we set up EQT Financial institution’s web site is a WordPress front-end.
The login hyperlink results in a non-WordPress subdomain, presumably connected Dragon World Finance’s backend if it hasn’t been already.
So what’s EQT Financial institution?
The area was bought in January 2022 for a number of hundred {dollars}.
A go to to Dragon World Finance’s web site redirects to EQT Financial institution’s non-functional area.
This alteration was enacted on January twenty ninth, across the time Norman bought the EQT Financial institution area.
Dragon World Finance can also be referenced in EQT Financial institution’s web site phrases and situations:
This introduces us to Mbakey Export and Finance Restricted, an FCA registered firm that, at one time, seems to have been the bottom of Norman’s monetary fraud.
And so we fall down one other Anthony Norman shell firm rabbit gap.
- Mbakey Export and Finance Restricted was registered with the FCA in January 2015
- Mbakey Export and Finance Restricted is tied to a UK shell firm bearing the identical title, included by Mbakey Sowe and Ndey Yassin Sowe
- Mbakey Export and Finance Restricted is barely registered with the FCA, which means some paperwork was filed and so they acquired a rubber-stamp
- Mbakey Export and Finance Restricted was tied to Dragon World Options in January 2020
- Dragon World Options is a UK shell firm that was registered with the FCA till August 2021
- Along with Mbakey Export and Finance Restricted, Dragon World Finance can also be tied to Premier Cost Options Restricted
- Premier Cost Options Restricted is one other FCA registered firm, with a corresponding UK shell firm incorporation
- Up till September 2019, Premier Cost Options glided by Gambia Categorical Restricted
Once more I need to emphasize that these particulars aren’t possible essential, as fraud is rampant in UK incorporations and the FCA itself.
I’ve included the above data as a papertrail for regulators in a reliable jurisdiction to observe, ought to it ever come to that.
In the meantime it’s clear EQT Financial institution is meant to be the successor of Dragon World Finance. Whether or not it’s a straight clone or modified Ponzi stays to be seen.
In an try to make due-diligence tougher, Norman has created EQT Financial institution with the intention of hiding behind EQT Companions.
EQT is a multi billion greenback personal fairness agency working out of Sweden. It has nothing to do with Anthony Norman or EQT Financial institution.
Nonetheless, we are able to see Norman’s intent to cover his new Ponzi scheme behind EQT Companions;
Dragon Finance World is believed to have collapsed on or round December 2021.
Whether or not Norman continues with the EQT Financial institution reboot or rebrands once more stays to be seen.
Replace 2nd March 2022 – BehindMLM can now affirm EQT Financial institution is a reboot of Dragon World Finance.
Replace thirtieth April 2022 – EQT Financial institution and Common Pickle have collapsed.