Is karatbars still in business

BaFin has finalized is karatbars still in business cease and desist order against Karatbars International. BaFin finalized the order on April 12th ordering Karatbars, operating as Karatbit Foundation, a Belize shell company. After a very public meltdown in lateSeiz spent the first half of repairing his damaged reputation on social media.

By Hope. Opp , MLM. This Karatbars International Review review has been throughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions. Unlike other MLM companies, Karatbars is unique because it mainly deals in gold products. Although Karatbars does not explicitly call itself an MLM company, they operate like one and prefer to be seen as an e-commerce company with an affiliate program. An MLM requires you to buy a product or service to meet legal requirements.

Is karatbars still in business

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. This fosters a more inclusive and forward-thinking financial climate. Karatbars International offers a unique business opportunity centered around the sale of small increments of gold, providing individuals with a tangible and reliable investment option. This helps in earning commissions and bonuses for successful sales. With a focus on financial education and wealth preservation, Karatbars International empowers its affiliates to not only generate income but also educate their networks about the importance of owning gold as a hedge against economic uncertainties. Karatbars delivers small gold bullions of purity of 24 karats Usually, these billions are just 1 gram in weight. They are fully insured and shipped to our address with reliable, and fast delivery.

Karatbars provides comprehensive MLM trainingequipping participants with the skills and knowledge necessary to succeed in the network marketing industry. This is interesting.

Stuttgart, Germany — Harald Seiz was once 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. The financial supervisory authority Bafin got involved in , however, and the business was eventually shut down, leaving hundreds of investors out of pocket. The Stuttgart district court has issued an arrest warrant for Seiz, who has not been seen in Germany for months. His once-grand villa in Sindelfingen is now up for sale, with an asking price of 6. Seiz has been the subject of numerous negative comments and complaints from angry investors on social media, with many claiming to have been ripped off by the gold dealer.

BaFin has finalized its cease and desist order against Karatbars International. BaFin finalized the order on April 12th ordering Karatbars, operating as Karatbit Foundation, a Belize shell company,. After a very public meltdown in late , Seiz spent the first half of repairing his damaged reputation on social media. Crypto Shaman : What about Freebay and V? Knowone has returned any of my messages.

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.

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Save my name, email, and website in this browser for the next time I comment. It is a company that operates within the network marketing industry. But the affiliates with ranking above the Distributors can generate a unilevel commission between 0. So, the rest is up to you. They focus on living an enjoyable life first , and focus on income second. Alan — I am aware of a defamation case against a South African blogger. They offer these products in different gold bullion denominations:. The future remains uncertain for the once high-flying gold dealer, who has fallen from grace and left a trail of unhappy investors in his wake. I am being lead by my nose and to this day believed and trusted my upline. Someone from a lower government agency such as the FSCA need to take action first.

Karatbars International appears to be imploding due to infighting. Karatbars International previously had its own official YouTube channel, however that appears to have been entirely deleted sometime over the past few days. Seiz only created his YouTube channel on December 18th.

The Karatbar website is still active and the few grams of Gold I own are still there. Karatbars provides consumers with an appealing and affordable way to purchase Nov 22nd, at pm Rachel Q. Feb 23rd, at pm Pierre du Plessis Q. Usually, these billions are just 1 gram in weight. This provides participants with the potential for long-term income through product sales and network building. It appears to be a percentage bonus pool made up of 95 cents for every gram of gold sold by Karatbars. The way to financial freedom. The update is there never was any gold. That was like two years ago with no followup. No, not technically. Harald Seiz Sir, I hope that you will be taken to court and instructed to pay all of our money, failing you be incarcerated for a very long time. Apr 26th, at pm Crypto Shaman Q.