Eaconomy has received a securities fraud warning from Quebec’s Autorite des Marches Financiers.

The AMF
added Eaconomy to its investor warning list
on March 24th, 2023.

Eaconomy Limited is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.

BehindMLM
first reviewed Eaconomy
in May 2019. Eaconomy’s original iteration
collapsed
 in less than a year.

The brand lay dormant until is was
resurrected
 by owner Hassan Mahmoud (right) in April 2021.

Eaconomy’s reboot saw the MLM company launched through Beyond Wealth.

In a nutshell you had various trading and cryptocurrency offerings. Inside the US Eaconomy only offered signals.

Outside the US the company committed securities fraud through Beyond Wealth’s “Achilles” automated trading bot.

BehindMLM
last reviewed Eaconomy
in November 2021.

In that review we strongly suspected Eaconomy was operating as a pyramid scheme. We also identified securities fraud.

Eaconomy is a US-based MLM company run by Las Vegas resident Hassan Mahmoud (right).

Neither Eaconomy or Mahmoud are registered to offer securities in any jurisdiction.

In 2019
Mahmoud settled commodities fraud charges with the CFTC
for $75,000. The charges pertained to Eaconomy’s predecessor,
Silver Star Live
.

Both Silver Star Live and Eaconomy share similar forex trading themed business models.

🤖 Quick Answer

What is the Eaconomy securities fraud warning issued by Quebec authorities?
On March 24th, 2023, Quebec's Autorité des marchés financiers added Eaconomy to its investor warning list. Eaconomy Limited operates without AMF registration and lacks authorization to solicit investors in Quebec, constituting illegal securities activities in the province.

What is the history of Eaconomy's business operations?
BehindMLM first reviewed Eaconomy in May 2019, when its initial iteration collapsed within a year. The company remained dormant until owner Hassan Mahmoud revived it in April 2021 through Beyond Wealth, offering trading, cryptocurrency signals, and alleged fraudulent automated services internationally.

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