OnPassive Rip-off lands in Bangladesh after scamming in India and branding in Dubai

OnPassive, an organization infamous for its multi-level advertising (MLM) scams, has a historical past of fraudulent actions extending past its latest daring declare of being a “co-host” of the FIFA World Cup 2022 and its growth into Bangladesh. The corporate, headquartered in Dubai, has reportedly defrauded hundreds of harmless individuals in India by engaging them with the promise of changing into wealthy. This sample of deceit and exploitation is a constant theme in OnPassive’s operations throughout numerous nations.

Run by the internationally identified fraudster Ash Mufareh, often known as Ashraf Mufareh, OnPassive has been exploiting the digital expertise period to additional its misleading schemes. Its pyramid scheme operates by recruiting members underneath the guise of promoting services or products. Nonetheless, the first earnings for members comes from recruiting new contributors, not from precise gross sales, making it unsustainable and unlawful in lots of nations.

The corporate’s enterprise mannequin, a Ponzi scheme, depends on lively recruitment of members. This construction inevitably results in the collapse of the scheme, inflicting vital monetary losses for members, particularly these on the backside of the pyramid. Consultants and regulatory our bodies have raised crimson flags about OnPassive’s operations. Josefin Aronsson, an knowledgeable on pyramid schemes, highlights that the important thing subject with such schemes is how income are made – whether or not via recruitment or precise product gross sales.

Ash Mufareh’s historical past with fraudulent schemes is well-documented, involving numerous Ponzi and pyramid schemes which were shut down, together with AshMax, TelexFree, and PayDiamonds. His involvement in these schemes has resulted in vital monetary losses for traders and authorized troubles in a number of nations.

The false declare of being a co-host of the FIFA World Cup 2022 is a determined try by OnPassive to legitimize its operations and lure extra victims into its scheme, in response to Blitz. The FIFA authorities have the grounds to analyze and take authorized motion in opposition to Ash Mufareh and OnPassive for making such false claims.

In Dubai, OnPassive’s operations current a stark distinction to its infamous actions elsewhere. The corporate, notorious for its multi-level advertising scams, achieved a notable branding milestone on this international metropolis by renaming the Al Safa Metro Station to ONPASSIVE Dubai Metro Station.

OnPassive metro station in Dubai (Picture: Web)

This transfer in Dubai, a metropolis celebrated for its luxurious and innovation, is perplexing given OnPassive’s doubtful fame for defrauding hundreds in nations like India and Bangladesh. The choice to permit such a big branding alternative raises questions in regards to the due diligence processes of entities in associating with firms like OnPassive, identified for his or her controversial and infrequently unlawful enterprise practices. This improvement in Dubai serves as a reminder of the advanced and infrequently misleading nature of worldwide company operations, the place appearances can masks underlying unethical actions.

OnPassive’s saga is a cautionary story of how digital platforms might be exploited by scammers to defraud and swindle customers. The corporate’s operations throughout numerous nations, together with its latest branding success in Dubai, its fraudulent actions in Bangladesh, and its historical past of defrauding individuals in India, exhibit the worldwide attain of its misleading practices.

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