EGCM Emirate Global Capital Markets Newsletter No. 83

EGCM Emirate Global Capital Markets Newsletter No. 83

Dubai je postao centar za MLM (multilevel marketing) i cyber prevare iz nekoliko razloga:

• Povoljno poslovno okruženje: Dubai nudi atraktivne uslove za osnivanje firmi, uključujući niske poreze, minimalnu regulativu i mogućnost lakog pristupa globalnim tržištima. Ovo privlači preduzetnike, uključujući i one koji žele iskoristiti pravne rupe za nelegalne aktivnosti.
• Međunarodna priroda grada: Kao globalni finansijski i trgovački centar, Dubai privlači ljude i firme iz cijelog svijeta. Ovo omogućava prevarantima da lakše peru novac i posluju bez previše pažnje lokalnih vlasti.
• Nedostatak strogih regulacija: Iako Dubai ima regulacije koje se odnose na finansijske aktivnosti, često se smatra da one nisu dovoljno stroge ili se ne primjenjuju u potpunosti, što omogućava prevarantima da djeluju s manjim rizikom.
• Loša reputacija MLM industrije: Iako MLM poslovni modeli sami po sebi nisu nezakoniti, mnogi se koriste kao paravan za piramidalne sheme i druge vrste prevara. Dubai je postao popularno mjesto za ove aktivnosti zbog navedenih razloga.
• Praksa korištenja kriptovaluta: Dubai je prihvatio kriptovalute i blockchain tehnologije, što pruža dodatne mogućnosti za cyber prevare i pranje novca. Kriptovalute omogućavaju anonimnost i lako prebacivanje sredstava preko granica, što je idealno za nelegalne aktivnosti.
• Nedostatak transparentnosti: Određeni delovi poslovnog okruženja u Dubaiju, poput slobodnih ekonomskih zona, pružaju firmama određeni nivo anonimnosti, što prevarantima omogućava da lakše sakriju svoje aktivnosti.

Zbog ovih faktora, i EGCM prevara je pokrenuta iz ove destinacije. Prema našim saznanjima i prethodnim slučajevima, zaključujemo da organizatori EGCM prevare imaju iskustva u drugim prevarama, koristeći različite firme i lažne sajtove. Na našem sajtu možete pronaći dva nova slučaja koja su organizovana po veoma sličnom modelu i sa iste destinacije – Dubai. Moguće je da će prevaranti iz EGCM biti rešeni u okviru nekog od slučajeva koji su naknadno pokrenuti. Aktivno radimo i pratimo situaciju.

Zoran Miljaković
Advokat

EGCM Emirate Global Capital Markets Newsletter No. 83

Dubai has become a hub for MLM (multilevel marketing) and cyber fraud for several reasons:

• Favorable Business Environment: Dubai offers attractive conditions for establishing companies, including low taxes, minimal regulation, and easy access to global markets. This attracts entrepreneurs, including those looking to exploit legal loopholes for illegal activities.
• International Nature of the City: As a global financial and trading center, Dubai attracts people and companies from around the world. This allows fraudsters to more easily launder money and operate with less scrutiny from local authorities.
• Lack of Strict Regulations: Although Dubai has regulations concerning financial activities, they are often considered insufficiently strict or not fully enforced, allowing fraudsters to operate with reduced risk.
• Reputation of MLM Industry: While MLM business models are not illegal per se, many are used as a cover for pyramid schemes and other types of fraud. Dubai has become a popular location for these activities due to the reasons mentioned above.
• Use of Cryptocurrencies: Dubai has embraced cryptocurrencies and blockchain technologies, providing additional opportunities for cyber fraud and money laundering. Cryptocurrencies enable anonymity and easy transfer of funds across borders, which is ideal for illegal activities.
• Lack of Transparency: Certain parts of Dubai’s business environment, such as free economic zones, offer companies a degree of anonymity, making it easier for fraudsters to conceal their activities.

Due to these factors, the EGCM fraud was also launched from this destination. Based on our knowledge and previous cases, we conclude that the organizers of the EGCM fraud have experience with other fraud schemes, using various companies and fake websites. On our website, you can find two new cases organized in a very similar model and from the same destination – Dubai. It is possible that the EGCM fraudsters will be resolved within some of the cases that have been initiated subsequently. We are actively working on and monitoring the situation.

Attorney at law
Zoran Miljakovic