Moyn Islam

Quick summary on Moyn Islam

Fraudulent Ponzi Schemes:
Moyn, Monir, and Ehsaan Islam have a history of defrauding people through Ponzi schemes like OneCoin and Melius, promising high returns but delivering financial losses.

OneCoin Scam Promotion:
Moyn and Monir Islam actively promoted OneCoin, a $4 billion scam, deceiving investors into believing in its legitimacy before it was shut down by authorities.

Fake Business Ventures:
After OneCoin, they launched businesses like Helo and Melius, which turned out to be pyramid schemes disguised as tech and forex trading companies.

Paid Fake Publicity:
The brothers have been caught buying paid articles on platforms like Forbes and Entrepreneur to fabricate legitimacy. Forbes later removed one such article after their fraudulent history was exposed.

Misleading Marketing Tactics:
They falsely claimed Be, their latest company, is on par with tech giants like Apple and Microsoft, using deceptive marketing to lure in investors.

Avoiding Legal Scrutiny:
They relocated to Dubai to escape legal consequences in the UK, where they initially promoted fraudulent investment schemes.

Unverified Business Operations:
Be, their latest venture, has no publicly accessible financial records, making it impossible to verify its claims or legitimacy.

Ignoring Victims’ Plight:
Despite ruining countless investors, the brothers continue to promote new schemes without acknowledging the financial harm they have caused.