A Dubai-based Canadian expat has been arrested for buying and selling an alleged fraudulent "Sharia-compliant" cryptocurrency and a number of different fast-rich-fast schedules.
Like Gulf Information reported on October 30, Aziz had & # 39; Com & # 39; Mirza constructed a fame for herself as an entrepreneur, mentor and Instagram influencer.
He’s now in Al Awir jail after a criticism has been made to the Dubai Police by a UAE resident are mentioned to have cheated $ 150,000 in one of many Com schemes.
The "Bitcoin of the Center East"
Com geared toward a worldwide viewers, together with retail buyers from the US, the UK, Canada and Greece. In solely one in all its schemes – referred to as the Leverage Program (LP) and promising buyers assured "monetary freedom" inside a 12 months, Com would have raised £ four million ($ 5.18 million).
His "Habibi forex" cryptocurrency, now nugatory, was introduced because the "Bitcoin of the Center East".
Most funds from buyers world wide had been linked to the checking account of a Dubai-based firm owned by one in all Com Mirza's brothers, with big quantities reportedly used to pay for private bills.
Com and one in all his brothers, Rafaqat "Rocky" Mirza, used the UK-based on-line platform Muslim Entrepreneur Community (MEN) to advertise their preparations throughout cryptocurrency, actual property and training.
One of many & # 39; s schemes inspired MEN customers to take a position at the very least £ 5,000 ($ 6,480) – of which at the very least 1,500 have signed up for the alleged rip-off.
"Com's Instagram posts are all about meals and health"
Gulf Information cites the examples of assorted Habibi coin buyers, every of whom has misplaced investments starting from $ 1,500 to £ 14,000 ($ 18,150). Greece-based Ippokratis Boboras instructed Gulf information that she had invested $ 10,000 in Habibi Coin in 2018:
“I knew Com Mirza by means of the web advertising neighborhood the place he was thought-about an authority. I had private chats with him on Fb and I despatched cash to his private Paypal account, "
U.Okay. resident Mohammad Shareef reportedly misplaced £ 2000 ($ 2,590) within the Habibi scheme, underlining that he had postponed investments till he met Com personally at his Dubai workplace:
“We spoke for an hour. It was solely this 12 months that issues began to fall. Com's Instagram posts are all about meals and health. It was a tragic expertise for us. Till as we speak there is no such thing as a official phrase about what occurred with Habibi Coin. "