- Aziz Com Mirza scammed victims millions of bucks thru crypto fraud and assorted schemes.
- Even though victims bustle into the hundreds, some lost as noteworthy as half of a million bucks in my thought.
- Not too prolonged ago, Mirza had been pivoting to a occupation as a social media influencer nonetheless that is no longer seemingly to avoid wasting him given the mountain of proof.
The Instagram influencer within the wait on of a flawed crypto dubbed the ‘Bitcoin of the Heart East’ has been arrested in Dubai. Via varied flawed schemes, Pakistani-Canadian Aziz ‘Com’ Mirza allegedly raked in millions of bucks from victims spread across the arena.
His arrest used to be precipitated by a UAE resident who lodged a criticism after shedding more than $150,000 in a single of Mirza’s schemes, basically based on Gulf Records.
Cryptocurrency Habibi Coin – the crypto that by no contrivance used to be
Among essentially the most prominent of Mirza’s schemes used to be Habibi Coin, a cryptocurrency that claimed to be built on the Ethereum ERC20 platform. With most of his victims being Muslims, Habibi coin used to be touted as being Sharia-compliant.
Nonetheless, Habibi Coin’s respectable online online page does no longer exist. The cryptocurrency also seems now to not be listed on any replace.
Most of Mirza’s victims belong to a UK-basically based online neighborhood platform is named the Muslim Entrepreneur Community. In his ‘investor presentations’ in London that gave the influence to copy the OneCoin cryptocurrency rip-off, Mirza billed himself as a worthwhile actual estate tycoon within the UAE value $500 million.
Cryptocurrency American is $0.5 million poorer
Whereas most victims invested tens of hundreds of bucks in Mirza’s schemes, some build in more. This entails US citizen John Barry who invested half of a million bucks.
In addition to Habibi Coin, assorted schemes encompass an investment plan is named Leverage Program. The plan enticed buyers by promising them financial freedom within 12 months. To affix the must haves of eligibility incorporated a minimum investment of £5,000 or $6,500. On the final count, 1,500 of us are believed to have signed up bringing the total skill haul to $9,750,000 within the occasion that all of them paid the minimum. The amounts may well more than seemingly more than seemingly be better since there used to be no ceiling.
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One other flawed plan pushed by Mirza used to be the World Success Neighborhood. This used to be purportedly extinct to mentor and educate subscribers on earning money. The plan later modified into an investment program is named ISG Capital Pool. Investors had been promised assured returns of 10% within one one year from a Dubai actual estate venture.
In addition to bodily displaying at events to promote his flawed schemes, Mirza also extinct social media platforms to trap victims.
Cryptocurrency Jerk of all trades?
Despite dabbling in a crypto rip-off, Mirza offers no advice on his social media profiles that he has ever participated in a cryptocurrency or technology enterprise. He also does no longer mention his purported actual estate background.
On Instagram, as an illustration, Mirza entirely identifies himself as an entrepreneur, investor, mentor, influencer/speak creator, meals blogger, philanthropist successfully withhold some distance from particularly declaring actual estate or cryptocurrency. The suggestions superhighway by no contrivance forgets, nonetheless and there are several videos displaying him promoting the Habibi Coin cryptocurrency and actual estate projects, all at the same time.
This article used to be edited by Samburaj Das.
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