Gerard Reynier
Brazilian Sugar Scam
Nicosia, China, Cyprus, HK
To All Concerned:
Be warned regarding Kinasia group and its founder Gerard Reynier.
This group is by no means an international trading group with ownership of sugar refineries, allocation holders or registered brokerage of sugar and/or any other commodity.
The group has zero sugar trades under its name, it has a collection of individuals that have been misguided to purchase franchises by its founder, Mr Reynier, who have in two years never exported or concluded any business. The remainder of the group is a pulled together assembled 'broker' or two bit companies (head office is an accountancy firm, Brazilian logistics is a third party associate, other offices are call centres etc)
The claims are at best misrepresentation at worse, fraud. The founder claims to have multiple offices, these again are all not Kinasia offices but accountancy offices or loosely associated informal agreements with two bit non-entities.
The group has no banking capacity or legal department or representation.
The group is not known to any official bodies (Unica brazil, ICC etc) and is at best a cowboy Internet brokerage portal.
Mr Reynier himself is attempting to present a global company/network but undertake the most basic of diligence and you 'll discover this outfit is nothing short of a glorified portal that attempts to defraud investors out of franchise, agency and warehouse fees (note there is not one warehouse open). He himself claims to operate with millions of dollars, proposes the most ludicrous plans of billion dollar ownerships and yet of course no one has ever heard of him or can evidence such claims.
If you wish to verify independently simple asking the following questions;
1. Where is Kinasiagroup registered and can they provided evidence of any past business.
2. Are they part of any official body
3. Who handles their logistics
4. Why is there no paperwork for any proof of product with their name on it?
5. How many members listed on their website can give verification of any trades
6. How many franchise owners or affiliates have closed any business with in the last 3 years under Kinsia name
7. How many warehouses do they have open and operating
8. Which refineries do they hold agreement with and their allocations
Of course you shall be told none of the above is relevant – so you have been warned – if approached to invest or buy run very quickly!
