samsam9000
Recruit
- Messages
- 4
Hello all, hoping to gain information on Tadawulme or Exential Group after a bunch of people at my workplace have confided that they have opened multiple accounts of $20,000USD each and are seeing 10% returns per month. I immediately default to this being a scam and began digging to try to save these people:
Things I have discovered so far:
Tadawulme: (tadawulme.com)
- Website no longer exists and indeed immediately redirects to exentialgroup.com
- Therefore, at the least, these two companies are the same.
Exential Group (exentialgroup.com)
- website cache of tadawulme is identical to exential group = same company = same design
- website design itself is an almost exact clone of a theme offered by website: Effektive Multi-Purpose WordPress Theme | Bootstrap WordPress Site
- Ozythemes is of course, a website design company...so they could have legitimately bought this theme and be using it. Not damning in itself but seems kind of lazy for a financial company. Company "established" in 2011 - why no social media presence?... leads me to:
- Exentialgroup site: Links that don't work: Twitter / Facebook / Linked in, lead to place-holder pages on their own website.
- Twitter search: Nothing for: exential / exentialgroup / tadawulme
- Facebook search: Returns only placeholder page, no information, 8 people likes.
- Linkedin search people:
- Christybell De Araujo e Nazareth (From Goa)
- Wesley Dias (From Goa) Facebook
- Valmond Menezes (From Goa) Facebook
- Jonathan Coelho (From Goa) Facebook
- Mohammed Behairy (Egypt)
- Raymond Thomas (Karachi Pakistan) Facebook
- Mainly from Goa in India. Look to be young, in their 20s, with little or not financial trading background or education.
- Some state they used to work at Tadawulme
--
Website:
- " British Virgin Islands (BVI) and Seychelles with a Rep office in Dubai, UAE" - Can't find any regulatory body in BVI or Seychelles that mention them
- "The results audited by a third party. Each month our results are confirmed by a third party auditor before they are published." - Audited by who?
- Testimonials: Not provided due to protect "client confidentially" - why not use anonymous or fake names?
- Exential or Tadawulme :
- Not registered with Dubai FSA (Financial Security Authority)
- Not registered with UAE Central Bank
- Ownership....who owns this company?
Deep web search:
- Didn't turn up much, no huge rants from scammed customers, but no positive mentions either
- If it is a scam I suspect it is still in a healthy 'building' stage - gaining more customers and sustaining itself.
Circumstantial:
- Accounts cost $20,000USD to open
- Returns are ~ 10% per month -
- Notes: By returns, I mean the amount of money shown on their statements. A few colleauges have said they have actually withdrawn their money with no troubles, but these are people who have been doing this for several years and may be at the top end of the 'pyramid'.
- Some people have been with them for >2yrs and have more than 5 accounts open ($100,000USD)
- Office in Dubai has approx 10-15 people working there
- Logging into a user account shows an extremely simply 'balance" sheet that shows daily profits made in simple table format, not link to detailed trade information.
---
I appreciate that not any piece of information about this company is completely damning and certain evidence of a bona-fide scam, but my gut tells me that this is a classic case of "too good to be true". Still looking for the smoking gun.
I am continuing to dig as I don't want to see my co-workers scammed, they are good people.
Any help or further information anyone has good or bad would be appreciated.
Things I have discovered so far:
Tadawulme: (tadawulme.com)
- Website no longer exists and indeed immediately redirects to exentialgroup.com
- Therefore, at the least, these two companies are the same.
Exential Group (exentialgroup.com)
- website cache of tadawulme is identical to exential group = same company = same design
- website design itself is an almost exact clone of a theme offered by website: Effektive Multi-Purpose WordPress Theme | Bootstrap WordPress Site
- Ozythemes is of course, a website design company...so they could have legitimately bought this theme and be using it. Not damning in itself but seems kind of lazy for a financial company. Company "established" in 2011 - why no social media presence?... leads me to:
- Exentialgroup site: Links that don't work: Twitter / Facebook / Linked in, lead to place-holder pages on their own website.
- Twitter search: Nothing for: exential / exentialgroup / tadawulme
- Facebook search: Returns only placeholder page, no information, 8 people likes.
- Linkedin search people:
- Christybell De Araujo e Nazareth (From Goa)
- Wesley Dias (From Goa) Facebook
- Valmond Menezes (From Goa) Facebook
- Jonathan Coelho (From Goa) Facebook
- Mohammed Behairy (Egypt)
- Raymond Thomas (Karachi Pakistan) Facebook
- Mainly from Goa in India. Look to be young, in their 20s, with little or not financial trading background or education.
- Some state they used to work at Tadawulme
--
Website:
- " British Virgin Islands (BVI) and Seychelles with a Rep office in Dubai, UAE" - Can't find any regulatory body in BVI or Seychelles that mention them
- "The results audited by a third party. Each month our results are confirmed by a third party auditor before they are published." - Audited by who?
- Testimonials: Not provided due to protect "client confidentially" - why not use anonymous or fake names?
- Exential or Tadawulme :
- Not registered with Dubai FSA (Financial Security Authority)
- Not registered with UAE Central Bank
- Ownership....who owns this company?
Deep web search:
- Didn't turn up much, no huge rants from scammed customers, but no positive mentions either
- If it is a scam I suspect it is still in a healthy 'building' stage - gaining more customers and sustaining itself.
Circumstantial:
- Accounts cost $20,000USD to open
- Returns are ~ 10% per month -
- Notes: By returns, I mean the amount of money shown on their statements. A few colleauges have said they have actually withdrawn their money with no troubles, but these are people who have been doing this for several years and may be at the top end of the 'pyramid'.
- Some people have been with them for >2yrs and have more than 5 accounts open ($100,000USD)
- Office in Dubai has approx 10-15 people working there
- Logging into a user account shows an extremely simply 'balance" sheet that shows daily profits made in simple table format, not link to detailed trade information.
---
I appreciate that not any piece of information about this company is completely damning and certain evidence of a bona-fide scam, but my gut tells me that this is a classic case of "too good to be true". Still looking for the smoking gun.
I am continuing to dig as I don't want to see my co-workers scammed, they are good people.
Any help or further information anyone has good or bad would be appreciated.