Serious commercial fraud? Public prosecutor brings charges against financial network with alleged connections to SAFIR/ZENIQ.

Financial scandal surrounding SAFIR/ZENIQ: fraud running into the millions and forged documents?

The investigations into the alleged investment fraud are taking on a new dimension: the extensive files of the three investigating public prosecutors show that charges have been brought against a key suspect from an extensive financial network. He is accused of defrauding millions through systematic deception and the use of forged documents. Criminal proceedings were only not initiated in one of the reported cases. The controversial companies associated with SAFIR/ZENIQ are also increasingly becoming the focus of the justice system.

Fraud allegations in the millions

• Misleading investment promises: Investors were lured with supposedly lucrative investments in cryptocurrencies, company shares and other financial products.
• Commercial fraud: the systematic approach suggests a serious commercial fraud – an offence that can result in severe penalties.
• Use of complex international structures for concealment: the organisation is described as an internationally orchestrated network supported by various law firms and financial experts.
• Pretending solvency: In order to create trust, the defendant is alleged to have provided false information about his financial situation and promised repayments.
• Use of forged documents: In a particularly serious case, a manipulated document is said to have been used to obtain a payment of more than three million euros.
• Total losses: The public prosecutor’s office estimates that the fraud resulted in losses in the millions.

The alleged financial fraud is now attracting international attention. Particularly explosive: the investigations are increasingly targeting SAFIR/ZENIQ and its extensive network.

SAFIR/ZENIQ in the sights of the law

The investigation files contain numerous indications that SAFIR/ZENIQ is involved in suspicious transactions.

• International entanglements: several law firms and individuals are linked to SAFIR/ZENIQ, particularly in the context of opaque financial transactions and allegedly fraudulent investment models.
• Forged claim: there are indications that a document not signed by the person concerned was used to enforce a claim for more than three million euros.

Extensive investigations with several proceedings

The judiciary is working on several fronts:

• Leoben Public Prosecutor’s Office: investigations against an Austrian national with Croatian roots, as well as possibly associated companies such as Safir International Ltd and Safir Global DMCC.
• Economic and Corruption Prosecutor’s Office (WKStA): investigation of alleged misleading by the defendant, which is said to have caused significant losses for investors.
• Klagenfurt Public Prosecutor’s Office: Another related case focusing on serious commercial fraud in the millions.

Investigators are particularly examining the role of companies and consultants that may have constructed illegal business models. Should the suspicions be further substantiated, those responsible face not only heavy fines but also prison sentences of several years.

A network under pressure

The indictment shows that the judiciary is taking decisive action against suspected financial fraud. While criminal proceedings are already underway against the main suspect, the investigations are increasingly focusing on SAFIR/ZENIQ and those around them.

The question is no longer whether, but when further criminal proceedings will follow – and whether the victims finally have a prospect of redress. The investigations are still in full swing.

All parties involved are presumed innocent.

Please note: As always, those affected are welcome to comment on this, or if someone has more or different information, they are welcome to share it with us. We are not interested in making false claims and our primary goal remains to provide complete documentation.