Saivian Ponzi President EJ Dalius acquires $16.5 million Miami mansion
Saivan Ponzi scheme launched in 2015. It was initially headed by John Sheehan, Saivian’s business model was as a Ponzi scheme.
It was a Pay $125 a month, recruit others who did the same and earn up to $3000 a day type of so called investment and Saivian primarily targeted Chinese investors.
In mid 2017 Chinese authorities cracked down on the Ponzi scheme and made several arrests.
Saivian’s US ownership and management, such as President Eric James Dalius (also credited as Lead Consultant in promotional videos), remained safely out of reach in the US.
After the Chinese arrests, Saivian went on to to collapse a few months later in October.
A message on the Saivian website read:
“Saivian International Ltd. has determined that, in light of rampant fraud perpetrated against our company and members in Asia, we have no choice but to cease all operations.
To compensate legitimate active members as of July 31, 2017 who spent more on membership than they received in benefits including passes and compensation, at our discretion, we have voluntarily decided to offer refunds.
Those refunds are available to members who receive the designated email that has already begun to be sent out.
Please check your email from our third party processor that is handling all payments and complete their online confidential identification form. This will ensure timely refunds to the qualifying members.”
A majority of Saivian’s investors mostly from outside the US lost huge money.
Two years of Ponzi scamming saw Eric Dalius’ recent purchase of a $16.5 million dollar Miami mansion. It was even less than two months after Saivian collapsed
The mansion is a 12,078-square-foot luxury home by developer Felix Cohen.
The brokers said: “The home’s design blurs the line between indoor and outdoor living and renders the perfect blend of nature, modernity and privacy on the open Bay, while staying close to the thriving heartbeat of South Beach,”
Felix Cohen’s company bought the 20,500-square-foot lot for $8.4 million in 2014.
Two years later, it completed a home with seven bedrooms, 8.5 bathrooms, two living rooms, a library, wine cellar, private elevator, 2,500-square-foot roof garden, fitness room, steam room, massage room, pool and 15-person infinity Jacuzzi.
What the United states will do about this is still not known. We are patiently watching and waiting …