The investor frankly said that the Ponzi scheme like Hezhen International Herzen uses Multilevel direct selling, robbing Peter to pay Paul – using the money of the new members to pay the old members. In this framework, the essence of which is a Ponzi scheme, or what we often call a pyramid scheme fraud.
The Brand – Herzen
The investigation has found that Herzen is a platform with a “story”. Its domain name herzen-intcare.com was established on August 4, 2022, only 4 months ago.
The history of Herzen can be traced back to its “former domain herzen-int.com”, which was created on December 29, 2021, and officially launched in January of that year. But it didn’t take long for the site to be exposed as an incarnation of the exposed Ponzi scheme Prima. In the early days, even the company’s introduction and customer service WeChat IDs were identical, and a stupid joke that it forgot to change the company’s name in the official document Disclaimer was made. At last, the domain was abandoned after less than a year of use, and now automatically jumps to herzen-intcare.com.
After replacing the new domain herzen-intcare.com, the group simply removed all information related to the platform’s regulatory information, terms & conditions, privacy policy, regulatory documents, etc.
According to its lecture to customers, the platform advertised that it holds a license from Labuan Financial Services Authority (Labuan FSA), and the company name is AIFC TECHNOLOGY LIMITED, which provides financial derivatives such as CFD, precious metals, crude oil, indices, and cryptocurrencies.
我们确实可以找到一家名为 AIFC Technology Ltd 的公司，但批准的域名既不是 herzen-intcare.com 也不是 herzen-int.com，这意味着 Herzen 不受纳闽 FSA 监管。
两个标志
What is particularly obvious is that the logos under different language modes on Herzen’s website are different.
Herzen还声称拥有欧洲信贷投资银行（ECIB）提供基金托管服务，但ECIB在其官网发出警告称与Herzen或Prima没有任何关系。
Three Platforms – From Prima to AIFC and Herzen
投资者需要注意的是，AIFC平台官网于2021年9月15日注册，首家注册商为马来西亚的Prima。而在2021年9月30日被网友发现后，注册商才更名为AIFC Technology Ltd。可见，从Prima到AIFC、Herzen，这些欺诈平台都是一伙人搞的，新瓶装旧酒。
Additionally, Herzen was blacklisted by the Malaysian Securities Commission (SC) for providing financial derivatives investment services without authorization.
All in all, Herzen is definitely a scam.
