Welcome

CBI Global- Fraud Alert- Review


The third Ponzi failure for CBI Global’s owner, Coenie Botha, has occurred.

However, Botha refuses to acknowledge that he has used the invested money and instead insists on continuing his regulatory coverup.

This image has an empty alt attribute; its file name is coenraad-coenie-botha-uhuru-tribe-admin.jpg

In November of last year, CBI Global went bankrupt for the second time. Botha (right) made a reference to South African regulators at the time. This is due to the fact that there are no regulations in place surrounding crypto currencies in South Africa, and we are always being investigated.

Even though South African officials might examine CBI Global and Botha (the great majority of CBI Global investors are from South Africa), there has been no official confirmation of an inquiry. It’s also improbable given the lack of action taken by Mirror Trading International and Finalmente Global. Namibian officials have nabbed him.

We didn’t know when it would happen, but we also weren’t shocked or startled either. As a result, my personal and CBI Exchange Namibia bank accounts in Namibia are no longer able to conduct business with other crypto-related organizations and/or individuals. At this point, the “what,” “who,” and “how” are irrelevant.

That last paragraph is particularly significant. Botha has no questions for him, and he doesn’t intend to answer them. As a result, what does this mean for CBI Global’s affiliates? As a result, they are unable to flee once more. In order to buy or sell CBI tokens on the CBI Exchange platform, you must wait for a decision from the High Court in regards to this subject before doing so.

Botha’s March 11th email does not provide any additional information on the alleged CBI Global High Court proceedings. Botha offered a temporary solution to the withdrawal issues at CBI Global in an email sent the following day, on March 14th.CBI Global Ponzi money is being done through Dafri Bank.

This image has an empty alt attribute; its file name is dafribank-kickback-cbi-global-collapse-email.webp

If you don’t deposit at least R200 into your DafriBank account within ten days, you risk losing that money. a. Select “DEPOSIT” from the drop-down menu. Forcing a bank transfer or cryptocurrency is recommended.

If you’re from South Africa, Namibia, or Botswana, go with ABSA or Standard Bank . When making an EFT or deposit, be sure to use the 10-digit reference number. Click on Bank and Card Details in the Profile Settings section of your CBI account. Select “CARD DETAILS” Please enter the email address you used to sign up for DafriBank in the space provided above. The “Accept” box must be checked.

To save your work, click SAVE. The card button will be unlocked to make a withdrawal, and the money will be transferred to your DafriBank account by email. Once you have been properly authenticated, you can withdraw up to $15,000 per day using EFT from your bank account.

DafriBank is a Comoros Island-based offshore bank. Comoros Island, off the coast of Africa, is a notorious tax haven. According to their webpage, incorporated in South Africa, Nigeria, and Botswana, DafriBank Digital is a subsidiary of DafriGroup PLC.

A whitelisting process that comprises KYC (Know Your Customer) and AML (Anti Money Laundering) is required for all DafriBank Digital customers. Whether CBI Global’s Ponzi scheme will be treated seriously now that it is powered by DafriBank is an open question.

For his part, Botha doesn’t appear to be very sure of himself. In our opinion, they are a legitimate bank operating out of the Comoros. We’ve done our due diligence. They do have companies in South Africa, Nigeria, and Botswana that are officially registered.

There are no bank licenses in these countries, although they do have bank accounts in a variety of other regions and countries. You may find a lot of interesting information about this bank and its founder on the internet. For the time being, our recommendation is that you open an account with this bank and use it as a conduit or gateway to make deposits and withdrawals into your CBI Account. For the time being, this is the only path forward.

Founder and CEO Xolane Ndhlovu owns DafriBank. Ndhlovu was convicted of attempted murder and weapons charges in a case I couldn’t place. The charges stemmed from gang violence linked to drug use.

Botha is able to keep laundering money through DafriBank. In the end, all those doomsayers will see what it means to be victorious in spite of all their negative and false accusations because CBI will continue to provide the various services we have been providing for the last four years.

Keep an eye out for any further developments.

Leave a Reply

Your email address will not be published.