Mia491.com Review: Mizhi platform and Cypmiainc.com Scam!

Mia491.com Review: Mizhi platform and Cypmiainc.com Scam!

Mia491 and Cypmia Inc
1

Summary

Mia491 and Cypmia Inc are scams utilizing a shell company in Australia and New Zealand. Antonio Ferez and his accomplices appear to be nothing but puppets of the real scammers in Malaysia. Avoid this like the plague. If you want to trade Foreign exchange, use these Forex trading resources.

Welcome to the mia491.com review. Mia491.com is the same thing as Cypmiainc.com because both sites are owned and operated by Antonio Ferez.

On the website where Mizhi platform is being promoted at, Ferez is presented in a heavily photo-shopped picture to give the impression that he is a filthy rich and stylish young guy. Where does his money come from? It allegedly comes from trading Forex and the Gold market.

Note: For managed Forex and Crypto trading accounts/PAMM, click the link below:

Mia491 and Cypmiainc.com states that Ferez is a macroeconomics analyst who is also a Foreign Exchange expert in Southeast Asia. He claims to have worked for UK Financial Institutions as well as those based in America.

Ferez of Mia491 has allegedly accumulated a lot of experience in practical trading, and is one of the most sought after financial advisors to many venture capital institutions.

Through Mizhi platform, he believes that he can gain a significant edge in the Asian Foreign Exchange market place.

However, Mia491 continues to claim that in 2007, Ferez earned his first bucket of Gold from the stock market. He was just 25 years of age. The website goes on to claim that he managed to multiply his investments by 57 times based on his business acumen as well as professional handling of trading capital.

By no means should we take these claims lightly because we have heard and seen many trading gurus making similar claims only for us to investigate further and realize that they are frauds.

The main problem with Ferez and any of his websites (Mia491 and Cypmiainc.com) is that beyond the promotional materials appearing on those sites, there is zero digital footprint that verifies this professional trading profile.

If the owner of Mia 491 or Cypmiainc.com is claiming to be famous in the world of macroeconomics and foreign exchange circles, we should just Google the name Antonio Ferez and instantly see his biography and professional footprints, right?

But this is not the case. On the same note, Antonio Ferez seems to be a real person as you can see on this Twitter profile. You can see what he was up to between the years 2012 and 2014 respectively.

The only issue that I have is that I can’t seem to ignore the big question mark about his supposed professional background. So I won’t be shocked that this is yet another fake trading guru with no verified trading performance.

Note: Campforex.com trading community have voted in these Forex trading resources. Get a license and start making money!

Mia491 Review

On the cypmiainc.com website, Jensen Choong is cited as the CEO of Mia. However, just like his counterpart Ferez, his professional footprints are literally non existent.

Most of the traffic to the Mia platforms is coming from countries like Malaysia (41%) and Singapore (37%).

Mia is linked to the country Malaysia because of its association

Dato Paduka Zamri Nazir of mia

with Dato Paduka Zamri Nazir. See the photo on the right.

Outside cypmiainc.com’s marketing material which claims he has 21 years of experience in the investments capital and growth industry, there is not a single evidence that he has verified track record of making a nickel from trading.

My sure guess is that Mia491 is operated out of Malaysia and by a Malaysian citizen. So who is Antonio Ferez and the rest of the guys introduced at cypmiainc.com? These are just puppets.

However, regarding their presence in Singapore, I cannot say much because there is only evidence that the company is recruiting investors there.

Mia491 Review – a ponzi scheme?

Mia491 and cypmiainc.com are ponzi schemes because they don’t offer any products or services apart from recruits having to sell membership plans.

As an investor, you will be promised passive income which is supposedly coming from spot Gold trading. The ROIs which this site is using in their marketing materials depict that investors can earn anywhere between 12-16% monthly returns.

As a matter of fact, Mia491 appears to be a gateway through which recruits are funneled down to cypmiainc.com since there is no product offering at Mia491.com.

Other marketing materials suggest that ROIs are capped at 24.5% per investment. When that is reached, investors have to start all over again with new investments.

Compensation plans for Mia

There are 4 investment plans named regular, Manager, Agency Manager and Regional Manager. The regular plan wants affiliates to purchase at least one Mia pax.

Manager requires a minimum investment of $3000. Agency and Regional require $5,000 and $10,000 respectively.

The cost of 1 Mia Pax is not disclosed but the site suggests that it is less than 10K.

Why Mia491 and cypmiainc.com are scams

First of all, Mia491 gives us false information about the supposed owner Ferez, and secondly, this deception continues through cypmiainc.com where the scheme introduces more supposed team members.

Investments into the Mia project is solely tied on these pax. No one knows what these pax are or even how they are generated, but am 100% sure that the company does not incur any expense to generate the fictional asset.

This is a typical Malaysian trading scam. I don’t often review these sites here but Mia491 and Cypmia Inc caught my attention due to their popularity and supposed trading products. There is no way I was not going to warn you.

After researching Mia491 and its counterpart, CypmiaInc, I see a trend that is common among internet scams.

Mia491 is using a shell company, My Group Fintech Co Pty Ltd to launder victims’ money, and secondly, they are operating with the pretense that investors can’t lose money and third, they have a puppet management in place. Watch out for such scams.

The Mizhi Platform is nothing more than a tool created to depict that serious trading activities are going on. This is not the copy-trading that you and me know. They just want to sound legit and hence they have to pretend that they can copy trades directly from their master accounts to your account with the assigned broker.

If it was true that scammers like Datuk Paduka Zamri Nazir were able to generate passive returns from the Mia491 empire, what do they still need you for?

And what’s up with the supposed world class trader, James Harrison? When you search Google for the term Mia491 review, you will most likely see the name James Harrison, which means that the site is associated with this character. Is he a real person or a unicorn?

Let’s find out:

My research reveals that Mia491 and Cypmia Inc are outsourcing James Harrison through a generic Australian company known as FintechFX.com. I have already reviewed this company before.

FintechFX was not a company until October 2017 when they decided to incorporate the name. In the meantime, Mia was existing.

And guess what, FintechFX.com was incorporated by a well-known scam, My Group Fintech Co Pty Ltd.

FintechFX provides a residential physical address which shows that the company’s office is based in Melbourne, Australia.

There is no evidence to suggest that FintechFX or My Group Fintech Co Pty Ltd have actual business operations in the said location.

I have noticed that Malaysian scams are infamous for incorporating their companies in Australia/New Zealand but are careful not to recruit individuals from these countries. That means regulators can do nothing other than blacklisting those companies when they learn about them.

Conclusion

It seems that the initial deposit of $100 has since been raised to $1000. It won’t take long before Mia491 and Cypmia Inc can collapse. Withdrawals will stop working and investors will lose money.

Thanks for reading this Mia491 review. If you want to contribute your remarks, comment below.

About Post Author

Warren

Warren is a swing trader and an investment blogger. He mentors students who want to learn to trade Forex, manages investors accounts and also writes reviews about trading products.