His Royal Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council is enthusiastic about the outcome of Dubai Metaverse Assembly, a new global event, which is scheduled to take place during September 28~29 2022. According to media reports, this global event aims to discuss how to make the most of metaverse’s promising opportunities to serve the mankind.
HRH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said that the forum represents a global incubator for future metaverse makers.
“Metaverse is a promising digital world. We aim to harness this technology to enhance the quality of life in the UAE and across the globe”, HRH Sheikh Hamdan bin Mohammed said. He highlighted that Dubai Metaverse Assembly embodies the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, for the emirate to become a global hub for innovation and futuristic transformations and a key driver for digital and knowledge-based economies around the world.
The Dubai Metaverse Strategy is the first initiative of the higher committee formed under the directives of the Crown Prince during the fifth meeting of the Dubai Council in May 2022.
The committee, chaired by HRH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, aims to oversee all future technological developments in Dubai’s digital economy and ensure that Dubai’s legislative and legal framework keeps up with the rapid developments of the digital economy and tremendous technological progress.
“We want Dubai to lead globally in adopting the technology of the future, understanding its developments, harnessing its potential, and driving change”, HRH Sheikh Hamdan said.
While investors see Dubai as one of the top destinations for investment, it also is expected that this magnificent city will soon emerge as the capital of genuine crypto currency companies and blockchain operators. Seeing this prospect, one of the largest blockchains – Binance has already established its office in Dubai. But, taking undue advantage of such immense prospect, a large number of crypto scammers and frauds also are flocking into Dubai with fraudulent ventures.
An individual named Jorge Sebastiao (Jorge Sebastião) aka Nuno Jorge Da Cruz Sebastiao, who has past track record of series of frauds and scams, including swindling 136 million Euros from people in Spain through a cryptocurrency scam named Nimbus has opened an office of a fraud entity named EcoX in Dubai.
Earlier, Jorge Sebastiao with the help of another fraud named Kamil Grund has launched a fraudulent venture named ‘EcoShumi Foundation’ (Web Archive Link) with the agenda of cheating people in the United Arab Emirates, Bahrain, Qatar, Saudi Arabia and other Middle Eastern nations. Following publication of an investigative report in Blitz, many people has already left ‘EcoShumi Foundation (LinkedIn), fraud racket after knowing the criminal past of Jorge Sebastiao, Kamil Grund and few other members of this group.
Jorge Sebastiao also has launched another fraud project named ‘EcoX Africa’
with the nefarious goal of cheating millions of African people. Names of individuals involved in the fraudulent EcoX Africa are:
Faris Ahmed, CEO/Founder, Luxury Tech
Dr Desziree Richardson
Jorge Sebastiao, Co-founder, EcoX
Mamadou Kwidjim Toure, Founder Ubuntu
Queen Diambi Kabatusila Tshiyoyo Muata
Samuel Andesegun Egunjobi, Founder, Rebuild Afrika Foundation
Laila Rahhal El Atfani
Antonis Antoniadis, Chairman, Ecogold (West Africa)
Monica Modi, ORG Newtribe
Jude Anumudu, EcoX Africa Coordinator
Tuesday Le Roux MC
Anthony Philip Njoku, 10X Digital Lane
Tame Vikc Okoi, CEO, Agro-Meta Coin and Agro Meta Technologies
Adesanya Ahmed, Petrovice Resources International Ltd
Chakib Achour, CSO, Huawei Morocco
Mikita Maniar Gagalani, Newtribe Capital.
Jorge Sebastiao and Dan Settgast aka Daniel Settgast are two of the kingpins of the scam cartel named Bank Bene Merenti, which has been robbing-off hundreds of millions of dollars through fake YEM crypto by fooling people through false claims and well-orchestrated propaganda. This scam racket runs under a Nevada-based non-profit named ‘YEM Foundation’. By pretending as an affiliate of the Bank of Japan, this scam cartel is mainly cheating people from Uganda, Ghana, Gabon, Tanzania, Nigeria, Kenya, Gambia, Ethiopia, Congo, Sudan, Angola, Burkina Faso, Mozambique, Cameron, Madagascar, Mali, Malawi, Senegal, Chad, Somalia, Zimbabwe, Rwanda, Guinea, Benin, Burundi, Tunisia, Libya, Egypt, Sierra Leone, Togo, Central African Republic, Liberia, Mauritania, Eritrea, Botswana, Lesotho, Guinea-Bissau, Mauritius, Eswatini, Djibouti, Comoros, Cape Verde, Seychelles, as well as South Asian countries such as Bangladesh, India, Pakistan and Sri Lanka. According to credible sources, this racket has also expanded network in the Philippines, Indonesia, Malaysia, Lebanon, Jordan, Oman, Bahrain, Syria and UAE.
According to information, Bank Bene Merenti and YEM coin cartel is running under the umbrella of another entity named ‘YEM Foundation’, a domestic non-profit corporation registered in Las Vegas, Nevada, USA as a non-profit company. Company Number: E0553072017-8. Native Company Number” E0553072017-8. YEM Foundation does not have its own office in the US. Instead it uses a virtual office address provided by a company named PHYSICALADDRESS.COM.
Our investigative reporter in the US has already checked every detail of the YEM Foundation, and found that the YEM coin and Bank Bene Merenti scam cartel is using this US non-profit as a shield of their criminal activities. It is also learnt from credible source that hundreds of millions of cheat-fund of Bank Bene Merenti, YEM coin, Dan Settgast, Jorge Sebastiao and other members of YEM Foundation scam ring is secretly deposited in various offshore accounts with the help of the Nevada-based company that provides virtual office address (304 S JONES BLVD, Las Vegas, NV, 89107) to this cartel.
It is also learnt, Jorge Sebastiao, real name Nuno Jorge Da Cruz Sebastiao, is the President of YEM Foundation and one of the top kingpins of the Bank Bene Merenti and YEM coin scam cartel.
Our reporters are already investigating a number of dubious companies run by Daniel Settgast aka Dan Settgast namely: United American Capital Corporation, Unicorn Network, SafeZone, Rainbow Foundation, Rainbow Currency (YEM), TWNKLChain, TWNKLBuy, TWNKL Shop, TWNKLEstate, TWNKLBds, CashBackMarketing, WeShareSuccess, Wazzup, and PrizeMania.