The Australian Securities and Investments Commission (ASIC) issued a securities fraud warning against Homnifi on June 30, 2025, adding the entity to its Investor Alert List. ASIC determined Homnifi operates in Australia without the necessary financial services licenses, making its activities illegal.

Homnifi does not hold an Australian financial services (AFS) license or an Australian credit license from ASIC. It also lacks authorization from a licensed entity. Australian law requires specific licensing for companies offering financial products or services to consumers within the country, a measure designed to protect investors and ensure market integrity.

The company is identified as a reboot of Xera Pro, a platform launched in January 2024 that has been described as a "mega Ponzi" scheme. Xera Pro itself followed a series of collapsed Dubai-based MLM crypto Ponzi operations. These earlier schemes included Safir International, also known as Neo ZenTech, Success Factory, and The Blockchain Era, which operated under multiple names such as WeWe Global, LyoPay, LyoTrade, and LyoWallet.

Homnifi is led by Henk Diepbrink, Werner Kaiser, Diego Endrizzi, Gorka Buces, and Nils Grossberg. This pattern of relaunching under new names is common in fraudulent schemes, allowing perpetrators to attract new investors after previous iterations fail or face regulatory scrutiny. These operations often promise high, unrealistic returns on cryptocurrency investments, but primarily rely on funds from new participants to pay off earlier ones.

As of June 2025, Homnifi's website recorded approximately 114,000 monthly visits. The majority of this traffic originated from Australia, accounting for 72% of visitors. Italy contributed 12% of the traffic, and Greece represented 10%. This significant Australian user base underscores the direct impact of Homnifi's unlicensed operations on consumers within the jurisdiction.

Operating without an AFS license violates the Corporations Act 2001, which carries substantial civil and criminal penalties. ASIC's mandate includes safeguarding retail investors from unregulated financial products that typically lack proper disclosure and avenues for consumer recourse. Investors in such schemes often face complete loss of their invested capital, with limited options for recovery.

Ponzi schemes inherently depend on a continuous influx of new money to create an illusion of profitability for existing members. This structure makes them unsustainable; they inevitably collapse when recruitment slows or withdrawals exceed new investments. Victims are frequently drawn in by social media promotions and testimonials, believing they are part of a legitimate and exclusive investment opportunity.

Australian consumers who believe they have been affected by Homnifi's operations can report their experiences to ASIC for guidance on potential recourse.