Liyeplimal has obtained a joint securities fraud warning from Angola’s Comissao do Mercado de Capitais (CMC) and Nationwide Financial institution.
As per the August 4th discover, the CMC and Nationwide Financial institution of Angola warn Liyeplimal
traders are solely chargeable for buying funding packages, which pay weekly curiosity that assure returns of 60/70% per 12 months.
We provide you with a warning to the truth that the cryptocurrency entitled Limo, doesn’t have a market capitalization, shouldn’t be traded on any recognized inventory trade, in addition to to the truth that the entity performing by the web site recognized above is neither licensed nor registered with the CMC, nor of the BNA, for the train of any exercise of economic intermediation in Angola.
The “web site recognized above” is Liyeplimal’s firm web site.
The CMC and Nationwide Financial institution of Angola’s joint-warning is the equal of a securities fraud warning in different jurisdictions.
Upon investigation, the CMC and Nationwide Financial institution of Angola noticed Liyeplimal being promoted nationally through
a number of representatives engaged on social networks, which, with the intention to entice traders, they share movies on their Youtube channels and ship phone messages about methods to speculate by this platform, in addition to encourage these similar traders to change into Liyeplimal brokers.
An analogous warning was issued by the African regulator COSUMAF final October. The west African regulator CREPMF adopted up with their very own warning in March 2021.
It seems since then that Liyeplimal promotion is spreading down the west African coast.
Alexa at the moment estimates Angola is offering 75% of visitors to Liyeplima’s web site.
BehindMLM reviewed Liyeplimal in mid 2020. We discovered a typical MLM Ponzi factors scheme.
Liyeplimal is run by serial Ponzi promoter Simb Emile Parfait. Parfair relocated from Cameroon to Dubai in late 2020.
Dubai is a safe-haven for scammers because of a scarcity of regulation and non-cooperation with the international governments.