Whenever I see an income opportunity attempt to instill confidence by proclaiming association with regulators or the hiring of former staff, alarm bells go off.

In my mind the only reason to resort to such tactics is to try and convince everyone what you’re doing it not illegal. What that is can be any number of things, but when we see the SEC namedropped, typically it’s to do with unregistered securities and Ponzi schemes.

A BehindMLM reader recently pointed me in the direction of a video from DFRF Enterprises. The video serves one purpose, that being to convince Chinese-speaking viewers that DFRF is not an illegal Ponzi scheme.

To achieve this goal, two Chinese-speaking investors are flanked by the CEO of DFRF, and a gentlemen who claims to be a former FBI agent.

The video is shot on potato quality (240p) and was uploaded to the “DFRF Enterprises Barsil” official YouTube channel on December 9th, 2014.

The screenshot below identifies those on camera:

The woman in red (right) seems to be running the show, with another video on the DFRF Enterprises channel identifying her simply as “Monita from Vancouver”. Another DFRF marketing video identifies her as “Monita Chan”, a “Canada Manager” of DFRF’s.

Monita and the other woman in the video are both DFRF investors, with the video aimed at prospective Chinese DFRF investors.

The man on the right is of particular interest. When Monita introduces him she mentions the FBI, Ponzi schemes and money games (Monita talks in Cantonese and I haven’t been able to get an accurate translation of what is said, any help is appreciated).

The woman in white introduces him again in Mandarin (around the 2:15 mark), as Darren Covar.

DFRF Enterprises marketing identifies Covar as a legal advisor to the company:

Covar is an attorney who runs The Law Offices of Darren P. Covar, P.A.

We are an international business, criminal, and immigration law firm committed to providing high-quality legal representation and personalized service.

Covar himself writes;

As a former Deputy Sheriff and Special Agent I also have a unique understanding of criminal law and have been recognized as an expert in this field.

Putting two and two together, I’m guessing Wanita introduces Covar as a former FBI special agent, who experience investigating Ponzi schemes and money games.

And that makes what Covar says in the video all the more alarming.

For those unfamiliar with the scheme, DFRF Enterprises accept minimum investment amounts of $10,000, on the promise of an advertised and indefinite 15% a month ROI.

This ROI is purpotedly generated via gold mining, but as far as DFRF Enterprises investors are concerned, all they do is pony up $10,000 or more and get paid.

Before we get into what Darren Covar says in the video, we’ll start off with the introduction from Daniel Filho (DFRF Enterprises’ CEO).

[5:06] The way we did it (the income opportunity) is not an ongoing investment, we’re not selling shares in the company and we are not s

🤖 Quick Answer

What regulatory authorities does DFRF Enterprises reference in its marketing materials?
DFRF Enterprises references the FBI and SEC in promotional videos targeting Chinese-speaking investors. The company presents claims of association with these regulatory bodies through appearances by individuals identified as former FBI agents, employing these references as confidence-building tactics within its marketing strategy.

Why do fraudulent schemes typically namedrop regulatory agencies?
Fraudulent schemes namedrop regulatory agencies to create false credibility and legitimacy. By associating with organizations like the SEC or FBI, operators attempt to convince potential investors that their business practices comply with legal standards and are not engaged in illegal activities such as securities fraud or Ponzi schemes.

What is the primary objective of DFRF Enterprises' promotional video?
The primary objective of DFRF Enterprises' promotional video is to persuade Chinese-speaking viewers that the company operates legitimately and is not conducting an illegal Pon

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