A man wanted for securities fraud has quietly launched his third investment scam in less than a year.

Alexander Hernandez, the former CEO of the collapsed IX Inversors Ponzi scheme, is now running O'Qubuss. He's gone to extraordinary lengths to hide it. The O'Qubuss website displays nothing but a blank page. Signup forms and account access only work with direct referral links—a tactic designed to keep regulators in the dark.

Hernandez registered the O'Qubuss domain privately on June 23, 2022. That timing is no accident. By June, Spanish and Ecuadorian authorities had already issued securities fraud warnings against IX Inversors. Ecuador's Superintendencia de Bancos had escalated the investigation in March, forwarding findings to the Financial and Economic Analysis Unit to probe money laundering and financial crimes.

The original IX Inversors scheme launched in 2021. When authorities closed in, Hernandez rebranded it as a "liquidation" and briefly relaunched under two new names: DIA and Hyperuincap. Both collapsed almost immediately. Then, in June, O'Qubuss appeared.

Hernandez, originally from Ecuador, is believed to have fled the country. His current whereabouts remain unknown.

O'Qubuss operates the same way as its predecessors. There are no actual products or services. Affiliates simply market membership to other investors through WhatsApp and Telegram groups across Latin America. The company promises a 200% return on investment in cryptocurrency, dangling plans ranging from $100 to $50,000.

The math is straightforward Ponzi arithmetic. Affiliates invest money and earn commissions by recruiting other investors. Those commissions count toward the promised 200% return. Once someone hits 200%, they must reinvest to keep earning. The company pays referral commissions three levels deep: 6% on direct recruits, 4% on second-level recruits, and 2% on third-level recruits.

O'Qubuss also offers rank bonuses. Hit a "Business Expert" status by convincing others to invest $600,000 collectively, and you get a recognition pin.

This is textbook Ponzi architecture. New money flows in, early investors get paid from that new money, and the operators disappear once the house of cards collapses. Hernandez has already run this playbook twice. He's running it again.

The warning is simple: when a company hides its ownership, operates in secret, promises guaranteed returns, and pushes recruitment over retail products, stay away. Hernandez is betting investors won't notice the pattern. Some will anyway. They always do.

🤖 Quick Answer

Who is Alexander Hernandez and what is his connection to O'Qubuss?
Alexander Hernandez is a former CEO of IX Inversors, a collapsed Ponzi scheme involving securities fraud. He subsequently established O'Qubuss, registering the domain privately in June 2022, reportedly to evade regulatory detection by authorities in Spain and Ecuador investigating his previous fraudulent investment operations.

Why does the O'Qubuss website employ restricted access methods?
O'Qubuss utilizes direct referral links exclusively for account access and signup forms, while maintaining a blank public website. This structure deliberately limits visibility to regulators and authorities, preventing standard web-based discovery mechanisms used in financial oversight investigations.

What regulatory actions preceded the O'Qubuss launch?
Prior to O'Qubuss's June 2022 establishment, Spanish and Ecuadorian authorities had issued securities

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