Is karatbars still in business

Stuttgart, Germany — Harald Seiz was is karatbars still in business one of the most well-known gold dealers in Stuttgart, Germany, attracting high-profile clients and investors with his promises of profitable investments in gold and digital currency. However, the luxurious life that Seiz had built for himself has come crashing down, as he now faces arrest and numerous complaints from creditors.

Get ready for a straightforward exploration of Karatbars, shedding light on the intriguing world of network marketing and the role of MLM software in this unique business model. It offers simple and cost-effective ways for those who are interested in investing in the precious metal, Gold. Their commitment to retaining customers speaks to the quality and trustworthiness of their services. Apart from that, Karatbars goes beyond traditional investment models recognizing the importance of accessibility. As such, they embrace innovative approaches that appeal to the diverse needs of its clientele, including the new generation and millennial.

Is karatbars still in business

This suggests that prosecutors have presented the court with a case detailing the Karatbars Ponzi scheme. The report also notes that Harald Seiz, a German national previously living in Germany, has since fled to Thailand. Seiz has purportedly been corresponding with the court via email. Details of the correspondence have not been made public, but apparently the case has progressed such that Seiz is now a wanted fugitive. The Stuttgart district court has issued an arrest warrant against the Stuttgart entrepreneur and former Sindelfingen villa owner Harald Seiz. Karatbars International operated for years as a pyramid scheme. The Ponzi reboot integrated cryptocurrency, with an ICO announced in early KBC eventually launched in July It immediately crashed and Karatbars International itself collapsed by the end of the year. Heit is believed to primarily split his time between Germany and Dubai. Whether Heit is under investigation by German authorities is unclear. SimilarWeb tracked a dramatic decline in MineBase traffic over the past few months. In November SimilarWeb tracked 1. That dropped to just , as of January In South Africa?

Feb 14th, at am Rachel Q. Sep 1st, at pm Getty Nokuthula Maziya Q.

At packed launch events in Cape Town and Amsterdam in June and September this year, Seiz spoke of Lamborghinis and luxury watches as rewards to his most eager affiliates. The same clip shows Kluivert praising the company. The Karatbar and the cryptocoin is the future. The public prosecutor in Stuttgart has opened investigations into the business, the paper reported. An investigation by Handelsblatt raised questions about other claims made by the company. Seiz and Karatbars are being sued by a Swiss academic who claims they plagiarised a report she wrote about the contents of a group of copper mines in Chile. In an interview with Handelsblatt, Seiz conceded the report had been faked, blaming a former business associate, and he failed to provide evidence that he owned a stake in a gold mine at all.

Karatbars is a German company that sells gold-backed products and cryptocurrencies. In , the German financial regulator ordered Karatbars to cease and desist its business in Germany, citing concerns that the company was operating a pyramid scheme. The Karatbars lawsuit is a class action lawsuit filed against the company by investors who allege that Karatbars defrauded them. The Karatbars lawsuit is still ongoing, and it is unclear when it will be resolved. However, the case has raised serious concerns about the legitimacy of Karatbars and its products. The Karatbars lawsuit is an important case for investors to be aware of. The allegations against Karatbars are serious, and if the investors are successful in their lawsuit, it could have a significant impact on the company and its investors.

Is karatbars still in business

If fraud and abuse of title also called imposture knows no bounds due to a lack of awareness of injustice, then one can call oneself a US lawyer and US notary public in hiding and living illegally in the United States of America USA , as Rainer von Holst alias Jan Faber or Dr. Peter Klein, among others, demonstrably did recently in an e-mail to a news agency in the Federal Republic of Germany. The reality is also that Karatbars investor gold accounts have been linked to those of the V Coin, as can be seen on YouTube and various affiliates advertise how to link Karatbars accounts to the V platform with just one click. Moreover, investors have been waiting for 2 two years for the gold invested as well as purchased and already saved by investors, which is why there are countless complaints to authorities from investors who call it an international fraud, as one hears more and more often. In this round dance, Jakob B. This is surprising, because it was Chris Saunders in the USA who recently stated in a video that he had an engagement assignment from Jakob B. In his obvious delusions of grandeur as a fraudster, blackmailer and impostor, Rainer von Holst forgot that in this day and age it does not take very long to find out whether a person is really a notary and lawyer, for which it is moreover absolutely necessary that the person has US citizenship, as the US Embassy in London has informed us factually — which exposes the baseless lies of Rainer von Holst and his network.

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May 10th, at pm haliza Q. Since then, the telephone line has been constantly busy. Nov 21st, at pm Alan Q. You hold your coins. There might be if BaFin actually did anything about Ponzi schemes tied to Germany. Becoming a member of Karatbars is free ; however, to qualify for commissions, you need to purchase one of their packages—the cost of each package increases based on the products, content, and bonus features you choose. Without them, their biz would fall apart. The individual gold bars bear a trademark symbol as well as the imprint of the quality assurance firm. Harald Konstantin Seiz is no longer managing director. And each time you create another one, your profit increases, and the effort put into creating the next property decreases. The same clip shows Kluivert praising the company.

BaFin has finalized its cease and desist order against Karatbars International.

Because it is a form of cryptonym gold, th e KaratGold Coin meets global needs. The independent business owners or the affiliates get a fixed percentage of the amount as the unilevel commission based on their ranks, whenever the agents below them spent money. Your email address will not be published. You could keep looking at other MLM programs like Karatbars , which might make you money 12 months from now. If this sounds like you, click here to see how it all works. Its value is predictable because gold has a long history, and everyone understands that it is stable. After allegations that it was luring customers into a pyramid scheme, a German watchdog ordered Karatbars to shut down its blockchain-based business in Or Silver coins. I have been trying continuously since Monday to reach the phone number mentioned in the imprint:. However, the duration of the detention is usually limited, and the detained individual has the right to challenge the detention in court. Since then, the telephone line has been constantly busy.