3Key and Lyra Newsletter No. 64

Dear Clients,

As you know, we’re managing the 3Key Lyra case alongside the Jubilee Ace, Jenco, and GTR cases, collectively referred to as the Jubilee Group. Our investigations have unveiled a connection between these cases. Considering that the Jubilee Group case was initiated earlier and is currently in an advanced stage of investigation, it would be beneficial to associate the 3Key Lyra case with it.

In today’s newsletter, you will find another excerpt from the criminal complaint in the Jubilee Group case that we have written and submitted in different jurisdictions. Below is a part of that criminal complaint:

… The perpetrators promoted projects of the companies in the Jubilee Group, its affiliated entities Jubilee Ace, Jenco, Aqua Lab, and GTR, which involve enticing the victims to invest their money, which then became the capital of these trading entities. The perpetrators operated under the guise of a Multi-Level Marketing scheme, aiming to expand their network by recruiting more individuals, as they would receive bonuses and financial gains from each new client. Presentations and mass gatherings were held to persuade the victims that they were purchasing software and a digital platform that functioned as a broker in the markets of commodities, sports betting, and cryptocurrencies.

The victims were presented with a purportedly fully automated trading software that operates on global stock exchanges, claiming to generate maximum profits by utilizing advanced data analysis linked to artificial intelligence. They were led to believe that there was no risk of losing their invested funds, and live trading demonstrations showcased substantial profits ranging from 4% to 15% of the victims’ investments. However, there is a strong suspicion that these demonstrations were fictitious and merely a product of the software, not reflecting reality.

To be continued…

Zoran Miljakovic
Attorney at Law