With
arrests in Belarus
and authorities investigating in
Turkey
,
Lithuania
,
Hungary
,
Slovakia
and
Estonia
, Kairos Technologies is having a hard time keeping its banking channels open.

A few days ago the company announced plans to set up a new shell company to continue scamming people through.

Since last November Kairos Technologies has been
using ESA Holding GMBH
, an Austrian shell company, to pay affiliates with.

Austrian authorities have now caught on and a warning has been issued to the general public.

On December 29th, the Financial Market Supervision
published an advisory
warning that ESA Holding GmbH is

is not entitled to provide payment services in Austria that require a licence.

The provider is therefore not permitted to provide transfer business.

The FMA claim ESA Holding is illegally operating in violation of Austria’s Payment Services Act.

Thus far Kairos Technologies have not acknowledged the warning on their company website.

A news update dated 3rd of January suggests affiliates who qualify for virtual shares in Kairos’ new shell company will receive an information update tomorrow.

Stay tuned…

🤖 Quick Answer

What warning did Austria's FMA issue regarding ESA Holding GmbH?
The Financial Market Supervision Authority (FMA) published an advisory on December 29th warning that ESA Holding GmbH, an Austrian shell company used by Kairos Technologies to pay affiliates, is not entitled to provide licensed payment services in Austria and is prohibited from conducting transfer business operations.

Why did Austrian authorities target ESA Holding GmbH?
Kairos Technologies employed ESA Holding GmbH as a shell company since November to process payments to affiliates while evading detection. With arrests in Belarus and investigations ongoing in Turkey, Lithuania, Hungary, Slovakia, and Estonia, authorities identified this Austrian entity as facilitating the company's fraudulent banking operations and payment schemes.

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