Decentra has received a securities fraud warning from Peru’s Superintendencia de Banca.

As per the
SBS’ July 12th warning
, Decentra does “not have authorization from the SBS to collect money from the public”.

It should be noted that according to article 11 of Law No. 26702, General Law of the Financial System and the Insurance System and Organic Law of the Superintendence of Banking and Insurance, any person who intends to collect or receive money from third parties, in the form of a deposit, mutual or any other modality, requires prior authorization from the SBS.

This is the equivalent of a securities fraud warning in other jurisdictions.

Decentra is a continuation of Jonathan Sifuentes’ collapsed Xifra Lifestyle Ponzi scheme. The majority of Xifra Lifestyle victims are in Mexico and the US.

Sifuentes (right), fled to Dubai following his arrest by Mexican authorities earlier this year.

Safe in the
MLM crime capital of the world
, Sifuentes
rebooted Xifra Lifestyle as Decentra
.

Since the reboot
19 Decentra promoters have been arrested
in the Philippines. Spain also issued a
Xifra Lifestyle securities fraud warning
in early July.

Before he fled the US for Mexico, Arizona filed
securities fraud charges against Sifuentes
in 2020.

The ACC Securities Division’s allegations pertain to
My Trader Coin
, a Ponzi scheme Sifuentes promoted prior to launching Xifra Lifestyle.

Sifuentes
settled the fraud charges
last month, with details of the settlement yet to be made public.

SimilarWeb currently ranks top sources of traffic to Decentra’s website as Martinique (51%), Mauritius (23%), Thailand (12%) and France (8%).

🤖 Quick Answer

What is the Decentra securities fraud warning from Peru?
Peru's Superintendencia de Banca issued a July 12th warning against Decentra, stating it lacks authorization to collect public funds. Under Law No. 26702, entities collecting deposits require prior SBS approval. This warning constitutes a securities fraud notice equivalent to those issued in other jurisdictions.

Who is behind Decentra?
Decentra is operated by Jonathan Sifuentes, previously associated with the collapsed Xifra Lifestyle Ponzi scheme. The majority of Xifra Lifestyle victims are located in Mexico, with operations now continuing under the Decentra name.

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