As a part of our protection of GSPartners’ XLT Ponzi token launch, BehindMLM acquired in contact with Accor Group a couple of week in the past.
Accor Group owns the Movenpick model, and we needed to know in the event that they have been OK with GSPartners utilizing one in every of their properties in Dubai to advertise their XLT Ponzi factors scheme.
A number of hours in the past I obtained a reply from Accor Group’s Investor Relations Workforce.
Quoted immediately from Accor Group’s e mail;
On your data, Mövenpick has not licensed using its logos on this supply and has required the property developer to right away stop and desist.
Variety regards,
Investor Relations Workforce
The “property developer” Accor Group has directed its stop and desist to isn’t named.
My very own analysis led me to Richreit Actual Property Growth, who declare Movenpick
signed a administration settlement with Richreit Actual Property Growth for one in every of its most high-profile initiatives, Mövenpick Resort Residences Enterprise Bay, positioned in Dubai’s sought-after Enterprise Bay district.
With a imaginative and prescient to create state-of-the artwork residential initiatives that function a benchmark, Richreit assigned the famend Swiss administration firm Mövenpick Resorts & Resorts to handle the brand new Resort Residences tower in Enterprise Bay.
Images on Richreit’s web site match the constructing featured in GSPartners’ advertising movies.
If Richreit has been despatched a stop and desist, by extension it also needs to apply to GSPartners and Pushed Properties.
Pushed Properties is a property brokerage agency.
The corporate’s Managing Director, Abdullah Alajaji, spoke on stage at a GSPartners’ advertising occasion held in Dubai final month.
It was represented that Pushed Properties brokered a property deal between GSPartners and Movenpick.
By means of communication with Accor Group, we’ve got now established that may be a fully false illustration.
What occurs subsequent is unclear. With GSPartners unable to make use of the Movenpick’s flats to advertise their Ponzi token, one would assume the XLT launch is useless within the water.
GSPartners hasn’t issued any public statements relating to Movenpick or their XLT token for the reason that July occasion.
GSPartners’ initially meant to launch JONE tokens along with J ONE Towers.
That launch was deserted when J ONE Towers’ property builders additionally denied affiliation with GSPartners and Heit.
Whereas there is no such thing as a point out of XLT or Movenpick’s flats on GSPartners’ web site, the Dubai advertising movies saying the partnership are nonetheless out there.