Qyral's founder and CEO Hanieh Sigari is out. Her husband and fellow company figure Darius Banasik announced her immediate removal in an email to consultants, citing "alleged fiduciary breaches."
Banasik's message pulled no punches. Fiduciary breaches, he explained, cover serious violations ranging from moving large sums of money for personal use to exposing the company to legal and regulatory risk, accounting misrepresentation, and fraud. He made clear the fallout extends beyond Sigari—it threatens employees, customers, and consultants.
The company moved quickly to erase Sigari's presence. Qyral's website had featured an "Our Story" page detailing her background. It's now gone.
Four other staffers were terminated alongside Sigari: employees and contractors Hanzel Corella, Elisa Kurzban, Brittany Buckley, and Maureen LeBau. Banasik took the interim helm, promising to overhaul operations and eliminate the risks created during Sigari's tenure.
The announcement sparked immediate chaos. A Qyral executive posted on the company's Facebook group telling consultants to disregard Banasik's email entirely. That prompted a second message from Banasik claiming the Facebook group "may be compromised" and urging consultants not to trust information posted there.
Banasik then addressed consultant concerns about losing Sigari as the company's public face. His pitch: stop thinking of Qyral as a person-dependent business. "A company is NOT a person," he wrote. "It's the community, it's all of you, your networks, and the people that buy products from us, benefit from them, and live better lives as a result."
Rather than step into the spotlight himself, Banasik suggested the company could be led by a group of consultants acting collectively.
He also announced changes to Qyral's product lineup, targeting what he called "low PV and/or confusing products" for elimination.
The specifics of Sigari's alleged breaches remain unclear. No detailed accusations have surfaced beyond Banasik's broad categories. The timing is notable—BehindMLM had reviewed Qyral just days before the announcement, raising questions about the company's marketing approach but flagging no operational red flags.
The family dynamics at play are murky. A husband removing his wife from her own company suggests deeper personal conflict beyond standard business disputes, though Banasik has kept that territory off limits.
What's certain is this: Qyral faces an internal crisis with its leadership structure in freefall and its consultant base receiving conflicting messages from multiple company voices. How consultants respond—and whether they stick with the company or jump ship—will determine whether Qyral survives the turbulence ahead.
🤖 Quick Answer
Who is Hanieh Sigari and why was she removed from Qyral?Hanieh Sigari is Qyral's founder and CEO who was immediately removed from her position due to alleged fiduciary breaches. Her husband Darius Banasik announced the decision via email to consultants, citing violations including unauthorized fund transfers for personal use, exposure to legal risks, accounting misrepresentation, and potential fraud.
What consequences did Sigari's removal entail for Qyral?
Following Sigari's removal, Qyral eliminated her biographical information from its website's "Our Story" page. Additionally, four other staff members, including employees and contractors Hanzel Corella and Elisa Kurzban, were terminated. The breaches reportedly affected employees, customers, and consultants.
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