Victim Location 30040
Total money lost $10,000
Type of a scam Investment
I am a professor in Engineering in the US and I was contacted by the CEO of iBAN to do consulting work for the company to enter the US market. During my time working for them I discovered several dishonest practices taking place. iBAN does not always keep its guarantees. When I confronted the CEO about this, he tried to pay me to keep quiet in exchange for a large sum of the investor’s funds.It is sad that they use social cause for corrupt gain.
They are a small company in a 3rd world country trying to get rich off investors without a good plan for honest revenue.