Armin Ordodary

Armin Ordodary a name that, at first glance, might conjure the image of a savvy entrepreneur and global business strategist. But dig a little deeper, and what emerges is a web of alleged financial deception, boiler room operations, and a desperate crusade to bury the truth. As I peeled back the layers, I uncovered a troubling pattern: Ordodary and his network of entities have been linked to fraudulent schemes across multiple countries, all while attempting to scrub the internet clean of any trace of wrongdoing. This report dives into the red flags, the adverse media, and the elaborate efforts to keep it all under wraps a tale that should serve as a loud warning to investors and regulators alike.

The Architect of Ambiguity

Armin Ordodary, an Iranian-born Cypriot entrepreneur, presents himself as a business strategist and legal expert, boasting a global consulting firm the Armin Ordodary Group established in 2014. With a presence spanning the Middle East, Europe, and Asia-Pacific, the firm claims to guide clients toward impactful outcomes.

The Facade of Fraud

At the heart of the controversy is FSM Smart, a brokerage firm implicated in operating boiler rooms unscrupulous call centers employing high-pressure sales tactics to defraud investors. Whistleblowers have revealed that FSM Smart aggressively acquired clients through its Serbian boiler room, Upmarket d.o.o., solely owned by Benrich Holdings Ltd., a Cyprus-based company. Ordodary, residing in Cyprus, is listed as a director of both entities.
The network’s complexity extends further. Lau Global Services Corp., an offshore company registered in Belize, operated multiple illicit broker schemes, including FSM Smart. This vast scam network, often referred to as the “Lau Scheme,” orchestrated fraudulent operations across various jurisdictions, with Kiev, Ukraine, serving as a central hub for several boiler rooms.

Regulatory Rebukes and Investor Warnings

Regulatory bodies worldwide have not turned a blind eye to these activities. In August 2018, New Zealand’s Financial Markets Authority (FMA) issued a warning against FSM Smart. Subsequently, in November 2018, both the Manitoba Securities Commission (MSC) in Canada and Switzerland’s Financial Market Supervisory Authority (FINMA) cautioned investors about FSM Smart’s dubious operations.

The Censorship Crusade: Scrubbing the Digital Trail

Facing mounting adverse media coverage, Ordodary allegedly embarked on a campaign to cleanse his digital footprint. Investigations by CyberCriminal.com reveal that he attempted to suppress critical reviews and unfavorable Google search results by improperly submitting copyright takedown notices. These actions, if substantiated, could constitute serious legal violations, including impersonation, fraud, and perjury.
Such tactics are not merely unethical but also indicative of a broader strategy to obfuscate the truth and mislead potential investors. By attempting to erase negative information, Ordodary aims to present a sanitized image, thereby luring unsuspecting individuals into his web of deceit.

Red Flags Waving Unabated

The myriad red flags associated with Ordodary and his entities serve as stark warnings to potential investors:

1. Boiler Room Operations: The use of high-pressure sales tactics in unauthorized call centers to defraud investors is a glaring indicator of fraudulent activity.

2. Complex Corporate Structures: The intricate web of companies across multiple jurisdictions, often with opaque ownership, suggests attempts to evade regulatory scrutiny and obscure the flow of illicit funds.

3. Regulatory Warnings: Multiple warnings from international financial authorities underscore the high-risk nature of engaging with entities associated with Ordodary.

4. Misuse of Legal Mechanisms: The alleged fraudulent use of copyright takedown notices to suppress negative information highlights a willingness to manipulate legal tools for personal gain.

5. Adverse Media Coverage: A consistent pattern of negative news, including allegations of fraud and financial misconduct, further underscores the risks associated with Ordodary and his network.

The Call for Regulatory Intervention

Given the severity and breadth of these allegations, it’s imperative for regulatory authorities to initiate thorough investigations into Ordodary’s activities. His alleged actions not only defraud individual investors but also undermine the integrity of financial markets. Swift and decisive action is essential to dismantle such fraudulent networks and protect the investing public.

Conclusion

The case of Armin Ordodary serves as a cautionary tale about the lengths to which some individuals will go to perpetrate and conceal fraudulent activities. His alleged involvement in boiler room operations, complex corporate structures designed to obfuscate, and attempts to censor adverse media through fraudulent means paint a damning picture. Investors are urged to exercise due diligence, remain vigilant, and heed the red flags that flutter ominously around such figures.