After United Capital Investments (later UCI Global) collapsed in 2020, owner Antoun Toubia returned with The Swedish Trust in 2021.

As
reported by BehindMLM reader Hester
in March 2021;

This company still making promises with no return.

UCI name now changed to Swedish Trust.

There are 4 pools of money going on for 2 years, nothing has been payed out and still people are paying UCI money.. WTF?

I had a brief look into The Swedish Trust, noted there wasn’t anything MLM related and moved on.

It’s since emerged that The Swedish Trust is in fact a continuation of the investment fraud started with UCI Global.

As of late 2021 Toubia (right) is believed to be sitting on millions of euros invested between UCI Global and The Swedish Trust.

Following a collapse on or around mid 2021, Toubia resurfed in late 2021 to smooth things over with investors.

The following it taken from a The Swedish Trust Zoom call held last October.

Toubia opened up the call by claiming he was sick and that surgery was the reason he disappeared.

I’m not the guy you know before the operation, before we stop the Zoom call(s) anymore.

I have gone through surgery and that changed my life so much.

Toubia goes on to blame the collapse of The Swedish Trust on COVID-19 and “family issues”. He claims things got so bad one of his team members contemplated committing suicide.

I’m not really 100% on what happened. Supposedly Toubia dumped a bunch of investor funds to some guy going by Christian Fortune (aka Chris Fortune).

I’m not sure this person actually exists.

Anyway, Fortune was tasked with generating returns through trading. Citing an alleged email between himself and Christian, Toubia represents Fortune’s trading activity generated some €625 million euros to be “paid out”.

This was May 2021 and to date the payout hasn’t happened.

As you know, we have been struggling with receiving the money from the person that we invested into. Which is, his name is Christian Fortune.

He was my partner for over ten years. We have done many projects together.

Anyway for unknown reason(s), at least until this moment, we don’t know why Christian Fortune (is) still holding up to the money.

Evidently fine with writing off the loss, Toubia claims he’s moved on.

I am here today to open a new page with everyone and to put the stones which will build a new fundament and will build a better business for us. For everyone, for you especially.

And to correct all the mistakes that we have done in the past.

I take full responsibility of course, of everything that happened and all the delays. Because it was my decision to trust specific people.

We are not here to discuss this. I am here to assure you that your investment, your profit from the pools … they are protected. They are guaranteed to happen. I’m going to make that happen.

It doesn’t matter if I got scammed. If I got cheated. If I got lied to, it doesn’t matter. I’m putting that all behind.

And today, I’m going to show you our new

🤖 Quick Answer

Who is Antoun Toubia and what investment schemes has he operated?
Antoun Toubia is an operator associated with two investment fraud schemes: United Capital Investments (UCI Global), which collapsed in 2020, and The Swedish Trust, launched in 2021. Both entities reportedly collected millions in euros from investors without providing returns, with authorities suggesting Toubia retained substantial investor funds.

What happened to United Capital Investments and its successor?
United Capital Investments collapsed around 2020 after operating investment pools that failed to generate promised returns. Toubia subsequently relaunched the operation under the name The Swedish Trust in 2021, continuing similar investment pool schemes with no documented payouts to participants.

How does The Swedish Trust operate differently from UCI Global?
The Swedish Trust maintains the investment pool structure of its predecessor but removed explicit multilevel marketing characteristics. However, evidence indicates it functions as a continuation of the same

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