Is Sulim Malook of Crypto Millions Lotto a Scam?

Sulim Malook: I believe he could be one of the UK’s most accomplished conmen—possibly not in financial terms, although his crimes would run into several million. However, I’d estimate he has personally defrauded several thousands of people.

The character’s name is Sulim Malook, and while I am limited and restricted to the internet for research I can tell you:

• Warned off by the old FSA
• Warned off by the London Stock Exchange
• Warned off by the Chicago Stock Exchange
• Warned off by the Canadian Stock Exchange

All were separate/individual rule infringements (nonpayment) during the early 2000’s

Personally bankrupt on three occasions. His wife, Jane Malook, has been personally bankrupt twice. Together, they have been listed as directors of two companies that went bankrupt – the most recent being JSM Wireless, where the receiver’s report was damming and in itself highlighted fraud (see attached). https://bit.ly/3aRWPFh

He came to my attention in 2014 when I fell for one of his bogus set-up companies. In total, he took around £150,000 from friends and associates (2 x £50,000, but some investments were as small as just £250). Only when things failed to add up did I do some proper due diligence—way too late.

The ‘company’ then was ‘Fantasy Day Trader,’ which followed other entities called Blue Systems, Blue Middle East, Blue Mobile, Fantasy Administration, and JAK Enterprises, to name just a few.

More recently, the company names they have set up, emptied and moved on include: RSN Entertainment, SHM Entertainment, Ofertas, Ofertas365, Sanger Compton Shea Productions Ltd, Lucky 6, Fat Cat Gaming, Ofertas365 Management Ltd, Walleto Ltd, AfromMillionsLotto.

You will see that Mr Malook’s wife, Jane Malook, is the director of most of these. She also continues to use her maiden name (Jane Shea) and is listed in many overseas companies in that name, such as Ofertas365 Limited, publicly listed on the Dutch Caribbean Securities Exchange (“DCSX”)

As you can see, their most recent ‘company’ is Wilmington Holding’s https://bit.ly/39Qek9j – worth a veritable king fortune according to this! It is noteworthy two Malook daughters are listed as directors (they are in most firms). One was
convicted for a ‘racist rant’ https://bit.ly/3jmqNEY which makes
you wonder how one of their more recent new companies, Cryptomillionslotto, were
allowed to sponsor Wolves FC last year – they do say “keep racism out of
football”. At the time, concerns were flagged by the Mirror Newspaper, but they (like me and a host of news websites) were sent threatening legal notices. Only one chose to ignore it: https://bit.ly/2YNGQ5d. Wolves never got paid, and Crypto Millions Lotto went on to ‘sponsor.’

Atalanta in Italy

Ultimately, the MO is always the same: Press release, funding, investment, sending more money. Sorry it did not work, so move on. My conservative estimates
reckon he has taken £5 million from individuals (including some celebs) since
his last UK bankruptcy. Most subsequent companies have been based overseas – IOM, Jersey, Dutch Antilles etc. It’s hard unearthing much of his trail. It’s clear he has never paid a bill, for stupid things such as PR agency work through to office cleaners. I have a list of injured parties but, on a ratio, five people to every one prefer to “forget about the experience” as opposed to chase their losses despite knowing their investment was taken fraudulently.

An announcement on staking is on its way. Please make sure you are ready to supply your name, email, and proof that you bought tokens from one (or both) of our official links:

https://bounce.finance/join/swap/2807
https://bounce.finance/join/swap/2817

Anyone who didn’t buy tokens from these links bought stolen tokens, probably at a discount to the price we were selling them at. We never received funds from these sales and are more than happy to provide evidence of this in any court or regulatory body. If anyone falls into this category, we can only suggest you seek remedial action by contacting the people who sold the tokens to you.

It has also been brought to my attention that there is a group, mainly Turkish, who believe they have been cheated. They have entered into and encouraged a vicious campaign of harassment and defamation against myself and my family, including direct threats of violence and even death. This is evidenced, and a report of these crimes has been passed on to the British Police.

As a result, we will not communicate with anyone on any channel other than this announcement channel.

Our project was never going to be a pump-and-dump, double-your-money, get-rich-quick scheme. We welcome those who saw the project for what it was: one providing a sustainable yield.