Eaconomy Securities Fraud Warnings From New Zealand, Norway And Canada – Quebec
According to The Financial Markets Authority :
“Te Mana Tātai Hokohoko (FMA) regulates New Zealand’s financial markets. We were established in 2011 as an Independent Crown Entity.”
On their website the FMA in New Zealand stated:
“Our statutory duty is to promote and facilitate the development of fair, efficient, and transparent financial markets; and to promote the confident and informed participation of businesses, investors, and consumers in the financial markets.
We recommend caution when dealing with Eaconomy LLC/Eaconomy, or any individual or entity promoting its services or products. Eaconomy is the subject of multiple warnings from overseas regulators including”:
The Financial Supervisory Authority of Norway, which has warned about Eaconomy as a Pyramid scheme and an unauthorised business
“The Financial Supervisory Authority of Norway (Finanstilsynet) points out that Eaconomy LLC (Eaconomy) is not authorized to provide investment services in Norway and therefore does not have the necessary approval under Norwegian law. The company is consequently not subject to Finanstilsynet’s supervisory oversight, nor has Finastilsynet approved the services offered by the company.”
The Autorite des Marches Financiers of Quebec in Canada, which has warned about Eaconomy as an unauthorised business:
“Eaconomy Limited is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.”
The FMA in New Zealand stated:
“Eaconomy promotes its AI-powered software and a “copy trading” platform (i.e. Manara, and Eminus) for binary options, crypto assets, and foreign currency trading.
Its website creates an overall misleading impression that its trading platform and software can make trading easier and safer, including in binary options, which is a highly complex and risky product. We are concerned Eaconomy is not authorised to provide any financial services or products under the New Zealand law.”
Get more information, facts and figures about Eaconomy, click here for the Eaconomy overview.
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Hassan Mahmoud has run this model a number of times and keeps doing it. He owes people all kinds of money and has no integrity. Eaconomy is just one company in a string of companies in which he does deals with leaders to bring people but when the leaders move on for another deal it falls apart and the people are left with losses. I am thankful to Business for Home for seeking to protect the innocent, naive, or unknowing. Another great resource to learn more about Hassan and Eaconomy is over at BehindMLM.