Pyramid scheme indicators | Unpacking | "IBF Trust"

"IBF Trust" – Fake licenses and fabricated claims

The company claimed to hold international licenses from AFSA (Kazakhstan) and VARA (Dubai). However:

• The Astana International Financial Centre (AIFC) officially stated that IBF Trust has never held an AFSA license.
• The VARA register contains no information about the company.
• Moreover, related entities have been included on the blacklist of the Central Bank of Russia with indications of a pyramid scheme.

⚠️ The biography of the "founder" is overloaded with success stories and vague promises, a typical tactic used to gain the trust of investors.