The recent Forbes India article praising Shavez Anwar as a “fintech innovator” and visionary behind LquidPay raises serious questions about the legitimacy of the claims made.
With no author listed and a one-sided, PR-style tone, this piece appears to be nothing more than a paid advertisement aimed at rebuilding Anwar’s tarnished reputation. Here’s why this article—and Anwar’s so-called financial empire—deserves intense scrutiny.
The History of 9Pay and the Rebranding to LquidPay
Before there was LquidPay, there was 9Pay, another ambitious crypto project spearheaded by Anwar. However, things quickly fell apart when Bloomberg BusinessWeek exposed that 9Pay had falsely claimed a partnership with Visa. Bloomberg directly reached out to Visa, who responded with a categorical denial—they had never heard of 9Pay or Anwar. Shortly after the exposé, 9Pay conveniently disappeared, only to re-emerge under a new name: LquidPay.
This rebranding was nothing more than a desperate attempt to distance itself from previous fraudulent claims while continuing to lure in unsuspecting investors. The Forbes India Article conveniently ignores this past, instead portraying Anwar as a financial revolutionary.
How LquidPay Deceptively Entered the Apple App Store
One of the biggest red flags about LquidPay is how it managed to get an app listed in Google Play Store and on the Apple App Store—not under its own name, but under Marida Ltd. A deep dive into LquidPay’s terms and conditions reveals a misspelled but similar name to Marida Ltd, suggesting a deliberate attempt to obscure the true connection.
Why hide behind another company name? Because Apple has strict policies against apps associated with multi-level marketing (MLM) schemes, financial fraud, or deceptive practices. By listing under Marida Ltd, LquidPay has managed to bypass scrutiny, allowing it to gain credibility it does not deserve.
The Classic “Pay-to-Play” Strategy in Forbes India
Forbes operates under a contributor model, meaning that many articles are written by freelance contributors or companies looking for credibility rather than actual journalists conducting in-depth investigations. The platform has been widely criticized for enabling pay-to-play journalism, where companies can buy articles that appear to be genuine endorsements.
A real investigative piece would have examined:
- LquidPay’s rebranding from 9Pay following the Bloomberg exposé
- Visa’s public statement disowning any connection to Anwar or his projects
- How the Apple App Store listing was done under a different company name
- The suspicious fake reviews on Trustpilot praising LquidPay before it even launched
Yet, none of these crucial details made it into the article. Instead, Forbes India’s feature reads like a PR stunt designed to give Anwar a fresh start.
The $10,000 Challenge from Anwar That Never Happened
Anwar has a history of making bold claims with no follow-through. In a now-infamous moment, he taunted The Crypto Ponzi Scheme Avenger, Danny de Hek, offering $10,000 if he could find his last name. When de Hek did exactly that, the money never materialized—yet another promise broken by Anwar, much like the promises he has made to his investors.
Conclusion: A Manufactured Reputation Built on Lies
Shavez Anwar is no fintech pioneer—he is a serial scammer with a track record of deception. His involvement in 9Pay, StableDAO, We Are All Satoshi, and now LquidPay follows the same pattern: build hype, attract investors, rebrand when exposed, and repeat.
The Forbes India article is nothing more than a paid PR piece, designed to wipe his slate clean while avoiding any real scrutiny. Meanwhile, his fraudulent operation continues, now backed by an app listed under a misleading company name, fake Trustpilot Reviews, and unverifiable claims.
Anyone considering getting involved with LquidPay should dig beyond the surface, recognize the warning signs, and understand that history has a habit of repeating itself—especially when it comes to scammers like Shavez Anwar.
For those wanting the real facts, visit LquidPay.com, where the truth about Anwar and his schemes is being fully exposed. Don’t fall for the facade—do your research before it’s too late.
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