OmegaPro govt Juan Carlos Reynoso has been arrested in Mexico.
Mexican authorities detained Reynoso, a Peruvian nationwide, as a part of a wider investigation into cartel-linked Black Wall Road Capital.
Black Wall Road Capital operates from Anzures in Mexico Metropolis. There, Reynoso and 4 accomplices have been arrested on March fifteenth.
Reynoso, Hernan Samper Richar, Juan Carlos Minero Alonso, Jose Antonio Rodriguez Garcia and Jose Luis stand accused of cash laundering and drug trafficking.
In simultaneous raids, Mexican authorities additionally seized ~$170,000, packages of cocaine and “long-range weapons”.
On its web site, Black Wall Road Capital represents it offers foreign exchange associated monetary companies.
BWC is an unbiased funding advisor, regulated by the Mexican authorities, which with a worldwide discretionary asset administration technique, seeks to generate the very best return with the bottom doable danger throughout the worldwide monetary markets.
Mexican authorities declare Black Wall Road Capital is tied to the Jalisco New Era Cartel, headed up by Nemesio Oseguera Cervantes (aka “El Mencho”).
Exterior of working with Mexican cartels, Juan Carlos Reynoso has promoted and helped run a number of MLM crypto Ponzi schemes.
Reynoso usually targets his fraudulent efforts at Spanish-speaking Latin American victims.
Circa 2018, Reynoso headed up the iComTech Ponzi scheme as CEO.
In November 2022, US authorities arrested iComTech founder David Carmona and a number of other prime promoters.
On the time BehindMLM famous it was odd that Reynoso had averted arrest.
After iComTech collapsed, Reynoso joined OmegaPro as Normal Supervisor for Latin America.
OmegaPro launched in late 2018 and by 2022, claimed to have 1.8 million buyers.
OmegaPro collapsed in November 2022, prompting co-founders Andreas Szakacs, Mike Sims and Dilawar Singh to go underground.
Szakacs (Sweden) and Singh (Germany) are believed to be hiding out in Dubai.
Sims is from the US and resides in Florida. He was lately sued by the CFTC for fraud, along with The Merchants Area’s Ted Safranko.
Though not confirmed, it’s believed there’s a monetary hyperlink between The Merchants Area’s and OmegaPro’s late 2022 collapses.
Reynoso’s arrest in Mexico and Black Wall Road Capital introduce yet one more potential cash laundering avenue for OmegaPro.
Whether or not there are any ties between OmegaPro and Mexico’s cartels nonetheless stays unclear.
After OmegaPro collapsed, executives A.Ok. Khalil (US) and Nader Poordeljoo (Netherlands) launched Go World.
Reynoso opted to proceed to defraud shoppers, signing on as Go World’s Chief Gross sales Officer.
Whereas SimilarWeb tracked thousands and thousands of month-to-month visits to OmegaPro’s web site all through 2022, there have been lower than 300,000 visits to Go World’s web site in February 2023.
Whether or not Reynoso’s arrest will affect Go World’s enterprise operations stays to be seen.
Getting again to Reynoso’s arrest and wanting ahead;
The unit headed by prosecutor Ernestina Godoy introduced that each the firearms, the alleged narcotics and the insured {dollars} in addition to the 5 detainees have been made out there to the ministerial authority of the Mexico Metropolis Legal professional Normal’s Workplace (FGJ CDMX).
Keep tuned for any additional updates.
