A cryptocurrency investment project that offers financial education packages may be involved in a scam. NEEW (SWIG) has been hosting seminars and meetings in the North Island, attracting crowds while describing lifetime payouts.

In a seminar hosted at the Rutherford Room at Alexandra Park racecourse, many speeches were delivered that showcased the commitment of NEEW (SWIG) towards its clients, and how it can potentially offer lifetime payouts. One speaker named Ian Birch described how much the initiative could change lives while almost moving to tears.

Among various slides, there was a prominent one that showed the audience the total assets of NEEW (SWIG) and CRU (CryptoUnit) were now $62 million from $42 million last month. It even said out of the huge difference of $19 million, about 10% would be paid out as “loyalty payments.”

A Financial Markets Authority (FMA) spokesperson said the authority remains concerned about how NEEW (SWIG) is functioning and if it is legitimate. The agency has advised people to beware and exercise serious caution. As per the FMA, the regulators in Estonia, Belgium, and Lithuania have also issued warnings against NEEW (SWIG) and how it may be associated with scams.

CryptoUnit or NEEW (SWIG) has dubbing portals such as cru.today, www.cryptounit.be, www.cryptounitpro.com, and others, in English, Russian, Italian, Spanish, and Chinese. The organization also attracts users from social networking groups that are supported in different languages. ??There are companies that are involved to the NEEW (SWIG) group:
SWIG International LTD., GENIUS OF WEALTH LTD., ARTEAM CONSULTANCY LIMITED, ACADEMY OF PRIVATE INVESTMENTS LTD, UK SWTU LTD, BAZALTINVEST LTD, Crowd West Capital, and other companies.

In the seminar, a speaker said despite significant falls in the stock markets in August, the company’s portfolio has gone up. Over 2000 people were already involved and the company plans to enter into the diamond manufacturing business soon. The audience was told they should not listen to the authorities who were suspecting NEEW (SWIG) to be related with scams.

In the seminar, a speaker said despite significant falls in the stock markets in August, the company’s portfolio has gone up. Over 2000 people were already involved, and the company plans to enter into the diamond manufacturing business soon. The audience was told they should not listen to the authorities who were suspecting NEEW (SWIG) to be related to scams.

Instead, a speaker said that when people wanted to know more details about the scheme, like how much did it cost, what were the returns, and what they had to do, people could get whatever they could afford, get paid every month starting from the next month for a lifetime, and they don’t have to do anything.

A warning was issued by the FMA related to entities like NEEW (SWIG) in July 2018. The primary question that raises concerns about these entities that were associated with Skyway is that none of them are registered as New Zealand’s financial service providers, and therefore are not legally permitted to provide financial products or services. For those who plan to invest in Crypto or build financial assets, should stay away from firms like NEEW (SWIG).