In recent years, the meteoric rise of crypto-currency has not only created opportunities for online businesses, but also for criminal masterminds, who are always scheming for ways to cipher funds from their victims.
One common way in which these fraudsters disguise themselves is as traders who create elaborate and sophisticated schemes that 'guarantee' future returns on the back of an investment. However, this should immediately raise a red flag, as no financial investment comes with such a guarantee.
According to the FTC's Consumer Sentinel Network, over $1B have been reported lost to crypto-currency fraud since January, 2021. More than half of this figure derives from Investment Related Fraud. One region that has become a global hub for crypto-currency ownership, deposits and trading is Dubai. According to Chainanalysis, the Middle East makes up to 7% of global trading volumes, with the UAE ranking 3rd in the region in terms of crypto-transactions, behind Lebanon and Turkey. Crypto organisations like Binance, Bybit and FTX are all looking to set up regional headquarters, while a flock of SMEs and entrepreneurs are setting up shop by the lure of fully-regulated environments for crypto-currency trading. However, where there is reward also comes an element of risk. Earlier this year, the Financial Action Task Force (FATF) added the UAE to the 'Gray List' of countries due to the increase in fraud and money-laundering flowing through the Gulf-state.
This website will attempt to uncover and expose one of the individuals currently operating in Dubai, who has managed to dupe his clients into investing up to €15M, only for the funds to mysteriously disappear, all while he maintains his & his family's extraordinarily lavish lifestyle in Dubai. Only on this website will we reveal how Marco Oliva aka 'Mr Dip', goes about reeling his victims in, trapping them and then finally swindling their funds, all for his personal gain.
Please note, it is highly likely that there are more individuals who may have been impacted by Marco’s scheming methods that we are unaware of. Please contact us if you or someone you know has been a victim of a Marco Oliva scam.