Iván Briongos, the preacher of the ‘crypto-sect’ IM Academy who deceived a whole lot of younger individuals, leaves the corporate


More than 2,000 younger individuals have been scammed by the corporate that used sectarian pyramid strategies and manipulation He was one of many eight arrested within the framework of an operation in opposition to crypto sects Briongos seemed to be somebody very near younger individuals however later he was relentless with funds

Briongos has damaged his silence this Monday at a press convention through which he has denied that the alleged academy recruited minors by using sectarian methods: “They are false information based mostly on hypotheses and with sensational substances.”

In his plea, he has defended his standing as an “impartial distributor” inside the academy, that’s, his work as a recruiter of latest shoppers through which he profited because of “commissions” from the charges paid by customers for funding coaching. in cryptocurrencies. “My position was that of an middleman. I’ve not been an worker nor am I accountable for the exercise of the academy,” he pressured.

According to his model, this sort of enterprise referred to as “multi-level gross sales” or “community advertising and marketing” is regularized in Spain and differs from a pyramid scheme, which is “fraudulent”.

Eight arrested and dozens of younger individuals cheated

The National Police carried out final March an operation in opposition to the “high managers” of IM Mastery Academy in Spain, which resulted within the arrest of eight individuals -including Briongos- after a yr of investigation, prompted by the criticism of at the very least 450 households by the Redune sect victims affiliation.

The brokers outlined the academy as a “prison group” that manipulated younger individuals, a few of them minors, by using “sectarian” methods and with a view to revenue by a pyramid scheme. One of the primary investigators within the case, which is being investigated within the National Court, is Briongos, who needed to defend his “picture” after the “media uproar” generated by his alleged involvement in fraud.

Asked concerning the complaints from a whole lot of households of younger individuals affected by IM Mastery Academy, he identified that the individuals who determined to contract the coaching providers did so “freely” and “by their very own resolution”. According to Briongos, “multi-level gross sales”, like different “unknown” enterprise fashions, is “demonized and censored” by Spanish society, which continues “anchored” in an “out of date system from the 80s.” In his protection of the validity of the exercise, he talked about a examine that estimates that 116 million individuals are engaged in “community advertising and marketing” all through the world.

The two faces of Briongos

On social networks Briongos confirmed a life stuffed with luxuries and eccentricities. He projected the picture of a good-looking younger businessman, who kissed and hugged his followers. He imitated the influencers in his publications: “Here we’re, household, another day within the Caribbean, your goals are value dwelling,” he wrote on the backside of certainly one of his pictures.

He was wanting above all for younger individuals and even minors. “Only by me and the corporate will you be wealthy,” he consistently repeated. He turned them into true followers. “He has come to not eat, sleep in a automotive for an entire month or bathe at a buddy’s home, however the academy was at all times paid for or paid for by the recruiter,” recounted the daddy of certainly one of them. When somebody needed to desert the plot, he threatened them: “We are going to sink your life, son of a bitch.” It was the opposite facet of him.