Hello fellow forum members,
I think I found a possible scam on instagram but I need some further input maybe you guys can help : - )
I found a guy on insta, he is promoting financial freedom, stupid law of attraction s**t and so on and only wants to sell you his stupid courses. (what a surprise huh?)
So far nothing new, but now I saw that he is looking for potential members for his "investorclub", which requires a minimum of 25k or more (You need to provide proof that you have that much cash to invest).
He says he has multiple possible deals / chances and needs equity now otherwise he would miss lot of deals which can lead to enormous wealth (lol) and wants to give his community something in return. This investmentclub has a total of 300 slots.
You have to put the money into an escrow account in Germany, in return you get a NFT (lmao), then this money goes to a UAE company which does the "deals". Kinda shady and the explanation doesn't add up at all.
From my understanding this is kinda like offering banking services without a license which alone can get you into massive trouble. All of this screams scam and I'm 90% sure this is all some bs.
Anyways my question is, can you provide such services like "investing / investment club" in UAE without a license? There are not much informations about obtaining banking licenses in UAE.
Happy for every input.
I think I found a possible scam on instagram but I need some further input maybe you guys can help : - )
I found a guy on insta, he is promoting financial freedom, stupid law of attraction s**t and so on and only wants to sell you his stupid courses. (what a surprise huh?)
So far nothing new, but now I saw that he is looking for potential members for his "investorclub", which requires a minimum of 25k or more (You need to provide proof that you have that much cash to invest).
He says he has multiple possible deals / chances and needs equity now otherwise he would miss lot of deals which can lead to enormous wealth (lol) and wants to give his community something in return. This investmentclub has a total of 300 slots.
You have to put the money into an escrow account in Germany, in return you get a NFT (lmao), then this money goes to a UAE company which does the "deals". Kinda shady and the explanation doesn't add up at all.
From my understanding this is kinda like offering banking services without a license which alone can get you into massive trouble. All of this screams scam and I'm 90% sure this is all some bs.
Anyways my question is, can you provide such services like "investing / investment club" in UAE without a license? There are not much informations about obtaining banking licenses in UAE.
Happy for every input.
