As a part of our protection of GSPartners’ XLT Ponzi token launch, BehindMLM received in contact with Accor Group a few week in the past.
Accor Group owns the Movenpick model, and we needed to know in the event that they had been OK with GSPartners utilizing certainly one of their properties in Dubai to advertise their XLT Ponzi factors scheme.
Just a few hours in the past I obtained a reply from Accor Group’s Investor Relations Group.
Quoted straight from Accor Group’s electronic mail;
On your data, Mövenpick has not approved the usage of its emblems on this supply and has required the property developer to right away stop and desist.
Type regards,
Investor Relations Group
The “property developer” Accor Group has directed its stop and desist to just isn’t named.
My very own analysis led me to Richreit Actual Property Growth, who declare Movenpick
signed a administration settlement with Richreit Actual Property Growth for certainly one of its most high-profile initiatives, Mövenpick Resort Residences Enterprise Bay, positioned in Dubai’s sought-after Enterprise Bay district.
With a imaginative and prescient to create state-of-the artwork residential initiatives that function a benchmark, Richreit assigned the famend Swiss administration firm Mövenpick Resorts & Resorts to handle the brand new Resort Residences tower in Enterprise Bay.
Images on Richreit’s web site match the constructing featured in GSPartners’ advertising and marketing movies.
If Richreit has been despatched a stop and desist, by extension it must also apply to GSPartners and Pushed Properties.
Pushed Properties is a property brokerage agency.
The corporate’s Managing Director, Abdullah Alajaji, spoke on stage at a GSPartners’ advertising and marketing occasion held in Dubai final month.
It was represented that Pushed Properties brokered a property deal between GSPartners and Movenpick.
Via communication with Accor Group, we now have now established that may be a fully false illustration.
What occurs subsequent is unclear. With GSPartners unable to make use of the Movenpick’s residences to advertise their Ponzi token, one would assume the XLT launch is useless within the water.
GSPartners hasn’t issued any public statements concerning Movenpick or their XLT token because the July occasion.
GSPartners’ initially supposed to launch JONE tokens along with J ONE Towers.
That launch was deserted when J ONE Towers’ property builders additionally denied affiliation with GSPartners and Heit.
Whereas there isn’t a point out of XLT or Movenpick’s residences on GSPartners’ web site, the Dubai advertising and marketing movies asserting the partnership are nonetheless obtainable.