Buyer Beware, avoid at all costs
This firm is the next iteration of the scam being perpetuated by Simon Davies.
As per the BBC investigative series: "Davies, 55, is the British investment professional behind the “Aucta Accelerator”, a 3-month Dubai-run course for finance professionals promising graduates offers of investment.
We estimate these professionals from around the world paid a total c.£500k in course fees, but of the 20+ we’ve spoken to, none are aware of anyone receiving investment. Many were also unhappy with the quality of the course - and its heavy Linkedin focus.
A UAE official Simon claimed was a financial backer of the programme has denied involvement.
Course participants have been asking for their money back. Many feel scammed - something Simon’s firm, Aucta, denies.
We’ve delved further into Simon’s past and discovered an intriguing trail from Dubai to Lithuania, London and Guernsey."
Search "Duped in Dubai BBC" for the episode.
Read: Agency inadvertently helped 'fraudster' businessman







