Datok Arrai Ezzra, a Malaysian, his age is still around 40 years old. He along with several of his groups, alumni of the schools of finance, business, management, and others conspired to commit financial fraud.
In around 2017, they created a multi-level marketing (MLM) financial system, called DNC (Dinar Coin). The name Dinar was chosen so that it is easy to fool people in Indonesia and Malaysia who are predominantly Muslim, that this system is in accordance with Islamic Sharia, as if returning to the time of the Prophet Muhammad.
Besides being sold to people around him, the system was installed on the internet. So many people who enter and buy virtual coins worth the pure gold. If you buy 1 DNC (by transferring around 2.7 million rupiah), then the website will say you have 1 gold dinar. But there is no gold, just writing on the website that you have bought gold coins.
Then, every month, DNC management will pay 10% of your investment. So, if you have 1 DNC on the website, every month you will get around 270 thousand rupiah.
In addition to online marketing on the internet, DNC is also sold on an MLM basis. Its members are ordered to recruit new members (new victims), by selling the empty gold. For those who successfully recruit new members, a bonus referral will be given.
Promotion carried out on a large scale. Events are held in big cities like Jakarta, Kuala Lumpur, Bangkok, Medan, Makassar, Bandung, etc., by inviting people to join the system.
In the early months, the system ran smoothly, so many people were tricked into buying empty gold, reaching 180 thousand people in various countries. Spread to countries such as Malaysia, Indonesia, Brunei, Singapore, and others. Many sell houses, sell cars, owe money to banks, buy and participate in the MLM program. There are those who buy 1-2 coins, there are those who buy 20 coins, 100 coins, 1000 coins, and others.
Datok Arrai Ezzra also got trillions of rupiah from selling the blank gold figures.
But in early 2018, the system seemed to be unable to pay bonuses anymore, so Datok Arrai Ezzra and his friends were making plans to embezzle, aka running the money smoothly.
Around May 2018, the DNC system was stopped, there was no admission process. All money is being held in the Datok account and his friends. There are no bonuses. Money cannot be withdrawn.
To all members, it was conveyed that the system was being migrated to become the most advanced and greatest system in the world. When the system is complete, the DNC price is promised to be thousands of times expensive, going up like a rocket, boom .... boom.
Members who have bought are forced to silence, can not do anything, can only ask and wait for the uncertain.
Members who first enter (called ‘leaders’ or ‘trust delegates’), who have received many bonuses, i.e. who have many new members underneath, are ordered to control the conditions. If there is a protest, it must be calmed.
In May 2019, exactly one year after depositing the public money, Datok and his friends announced that DNC had changed its name to Dinar Dirham Coin (DDK), and had been registered in the online coin exchange application, SIMEX.
Members can transfer online the amount of DDK each from the DDK website to the SIMEX application, then can exchange DDK for other coins such as Bitcoin, Etherium, etc.
But what happened, the price of DDK was not like the price of gold that was promised first. DDK prices now follow market prices, according to the supply-demand quantity.
As a result, the traders at Simex are not fools who can be deceived by fictitious and fake gold coins. No one wants to buy 1 coin online for 2.7 million rupiah. So the price was destroyed, to around 300 thousand rupiah per coin.
The people cried, once bought for 2.7 million rupiah per coin, now it is returned for 300 thousand rupiah. Those who have bank loans, sell houses, sell cars ... are forced to breastfeed. Looking for profit but instead gained a fortune.
Datok can also let go of his hands in a very smooth way. Money from the sale of fictitious gold online, stored in the accounts of his friends and friends, and used to feed their children and wives for 7 children.
People are left miserable. If someone protested, then Datok and his friends, especially the members who were the first to enter (the leaders) would carry out intimidation.
Hopefully there will be justice for innocent servants and hopefully they can get their money back. And hopefully in the future no more will be fooled by the seduction of MLM (bonus) and take advantage of religious issues.
The basis for the development of DDK is done by deception in taking public money, full of traps and seduction, in the name of Islam, full of lies, then the word of Allah SWT . Isn't there a place in Hell for those who boast? (Az Zumar: 60).
DDK = Built with Falsehood.
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If you want to invest or trade, you should immediately choose the type of cryptocurrency coins that have been proven, tested, and have a good and honest system, such as Bitcoin or Ethereum.
Do not be tempted by the seduction or the lure of profits from fake coins like DNC or DDK.