In the shadowy world of international finance, where genuine opportunities often intertwine with deceptive schemes, one recent phenomenon has gained notoriety: the pyramid scheme. These intricate scams, driven by fraudulent network marketing, have proliferated globally, leaving a trail of victims in their wake. One such elaborate network, Unique Finance, has emerged as a major player, ensnaring unsuspecting individuals across the Middle East and beyond.
The Genesis of Deception: Pyramid Schemes in a Globalized World
With the rise of global trading networks, pyramid schemes have found fertile ground for their devious activities. Operating under the façade of legitimate business, these schemes promise significant returns to lure in investors. In reality, their profits stem from exploiting new members, not from genuine economic activities. Such schemes primarily deal in cash transactions, offering neither tangible goods nor credible services.
Unique Finance Master Mind: A Closer Look into the Scam’s Roots
Unique Finance, a pyramid scheme of substantial scale, has embedded its roots deep in countries like Iran, Iraq, Afghanistan, Uzbekistan, and Turkey. The mastermind behind this international web of deceit is Farzin Fardin Fard, an Iranian national residing in the UAE. Farzin Fardin Fard, a sound engineer and the proprietor of Dubai-based 3F Music, is a luminary in the music realm. Armed with a high school diploma in science and bolstered by certifications from online music schools. Farzin Fardin Fard’s expertise is underscored by his extensive repertoire of over 100 albums, showcasing collaborations with industry titans.
His paid PR articles claims that his pioneering contributions have earned him a trailblazer status in the industry. Notably, Farzin Fardin Fard’s impact extends beyond music. He is an active philanthropist, dedicating himself to charitable causes in the UAE and globally. Furthermore, he has ventured into the world of NFTs and art collecting, emerging as a prominent collector with a substantial following.
As the driving force behind 3F Music, Mr.Fard has transformed the studio into a beacon of excellence in the MENA region. Offering a comprehensive array of services, including high-end recording, music production, consulting, and video production, 3F Music Studio stands as a testament to his vision. Central to his business ethos is the discovery and nurturing of talented artists, a mission that underscores Farzin Fardin Fard’s enduring impact on the music industry.
False Claims and Deceptive Tactics: The Unique Finance Saga
Claim 1: Unique Finance – A Swiss Entity? Fraudsters associated with Unique Finance have propagated the myth of the company’s Swiss origins, claiming it to be headquartered in Zurich. However, investigations by the Swiss Financial Markets Authority (FINMA) have debunked these claims, revealing that Unique Finance does not exist in Switzerland. The fraudsters’ attempt to cover their tracks using a dissolved company’s name further exemplifies their deceptive nature.
Claim 2: International Licensing and Recognition? Despite the fraudsters’ assertions of international recognition, Unique Finance lacks legitimacy on the global stage. The International Organization of Securities Commissions (IOSCO) has placed Unique Finance on its Investment Alert List, underscoring the scheme’s lack of legal operating licenses.
Claim 3: Nasdaq Stock Exchange Affiliation and Automated Trading Systems? Unique Finance’s grandiose claims of affiliation with prestigious stock exchanges like Nasdaq have been unequivocally refuted. Moreover, their assertion of an automated trading system, promising consistent daily profits, defies the volatile nature of the stock market, raising red flags about their credibility.
Claim 4: Initial Capital Insurance? The fraudsters’ promise of insuring investors’ initial capital through an American company named GPM has been debunked. Capital market experts emphasize the inherent risks in financial ventures, making the idea of insurance against market fluctuations impractical and unrealistic.
Claim 5: Unique Finance vs. Unique Finanz AG? Attempting to muddle their tracks, the fraudsters claim Unique Finance and Unique Finanz AG are two names for the same entity. However, official records from Switzerland’s company registry, Zefix, reveal no connection between the two, further dispelling this falsehood.
Legal Repercussions and Pursuits of Justice
Mohsen Derakhshanfar, a key figure in the Unique Finance scam, was recently sentenced to 20 years in prison and heavy fines for his involvement, indicating that authorities are making strides in pursuing justice against those responsible for perpetuating this fraud. The main architects of Unique Finance, including Farzin Fardin Fard, Nima Tabari Fard and Mojtaba Goran Jalali, are currently fugitives, with international efforts underway to apprehend them.
As the truth behind Unique Finance’s intricate web of deceit unravels, it serves as a stern reminder for individuals to exercise extreme caution in financial dealings, emphasizing the importance of due diligence and skepticism in the face of enticing but dubious investment opportunities. Authorities continue to investigate this widespread fraud, with a commitment to holding the perpetrators accountable for their actions, providing a glimmer of hope for the victims caught in this elaborate scheme.
Updated :Oct 2023
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