A prison courtroom in Antwerp has convicted Asker Sakinmaz, Cengiz Ehliz and Erwin Fally.
The pair had been behind the Flexkom pyramid scheme, which collapsed in 2017.
In keeping with native information stories, Belgian authorities started investigating Flexkom again in 2014. The prison case was initiated following a civil grievance filed by victims.
As per their respective February 2020 sentences, Sakinmaz and Ehliz (proper) had been sentenced to forty months in jail and an €18,000 EUR fantastic.
Erwin Fally copped a thirty month jail sentence and €6000 EUR fantastic. €433,000 EUR was additionally seized.
With respect to the civil celebration who initially filed a grievance again in 2014, they had been awarded €190,000 EUR in damages.
As famous by the Antwerp Prison Courtroom;
On account of their well-thought-out worldwide fraud system, easy gross sales speak and crappy merchandise, cleverly packaged as the way in which to get wealthy fast, they induced severe monetary harm to the injured events.
Regardless of the fraud convictions, financial penalties and asset restoration, someway Flexkom itself as an organization was acquitted.
BehindMLM reviewed Flexkom again in April 2013, figuring out the pyramid nature of the scheme.
In response to our evaluation, Erwin Fally claimed I used to be a “moron”.
Final 12 months Cengiz Ehliz resurfaced with Weeconomy, a Flexkom reboot with cryptocurrency fraud.
In keeping with Ehliz’s Fb web page, he’s at the moment in Munich, Germany selling Weeconomy.
As of February 2020, Asker Sakinmaz was residing in Turkey. In response to BusinessForHome’s protection of his conviction, he instructed the publication he deliberate to attraction.