Xifra International has obtained a securities fraud warning from Spain’s Comision Nacional del Mercado de Valores.
Xifra International is a part of the Xifra Life-style Ponzi scheme, which was rebooted as Decentra earlier this yr.
As per the CNMV’s June twenty seventh warning, Xifra International
isn’t authorised to offer the funding providers set out in Article 140 of the Spanish Securities Markets Act, which embrace funding recommendation.
That is the equal of a securities fraud warning in different jurisdictions.
Xifra International is a entrance web site for Xifra Life-style, a Ponzi scheme launched by Jonathan Sifuentes in late 2019.
The CNMV issued a separate Xifra Life-style securities fraud warning in November 2020.
Xifra International’s social media accounts had been deserted again in April:
This coincides with Sifuentes rebooting Xifra Life-style as Decentra.
Sifuentes fled to Dubai following his January 2022 arrest in Mexico. Authorities within the US have additionally sued Sifuentes for securities fraud.
Final month Philippine authorities issued a comparable securities fraud warning towards Decentra. This was adopted up by the arrest of 19 Decentra affiliate promoters.
Sifuentes has not made any public appearances since fleeing to Dubai. Decentra has not publicly addressed its securities fraud warnings, or the arrest of promoters within the Philippines.