BWA Brasil: is it reliable? Be sure to read before investing

Do you know what the company BWA Brasil does? Find out all about the suspected company pyramid scheme consultant which is under legal charge.

The company BWA created by Paulo Bilibio in association with Marcos Aranha, who attended school in a scheme called Up Essências and which is also investigated by the Public Ministry. In addition to these two partners, there were two more partners, who were Jéssica da Silva Farias and Roberto Willens Ribeiro. 

The domain of the BWA Brasil website belongs to Paulo Roberto Ramos Bilibio, creator of the company suspected of a financial pyramid. 

We believe that the company BWA Brasil operated in the shadows, on the sly, but what made it the target of an investigation was the constant complaints and lawsuits accusing it of a scam and financial fraud. 

In this post we will learn more details about how this company worked, what its supposed ideals and objectives were. Know a little more about the history of its founder and better understand how BWA Brasil worked.

What is BWA?

BWA is a company that claimed to invest in Bitcoin and guaranteed income and gains that could reach up to 1% per day. However, as we all know, money is variable, as is the case with bitcoin, and it is not guaranteed because it depends on several factors for its values ​​to be established, suffering highs and lows constantly. 

There are several companies operating in this area, such as BWA, which wins by the number of people registered and not by the investments made. This practice is considered, in most cases, a financial pyramid scheme.

Therefore, if you have any investment in these companies, rescue as soon as possible so that you do not fall victim to future scams and do not run the risk of losing your invested capital. 

History of BWA Brasil

It is believed that the company BWA Brasil was created in the middle of the year 2017 by businessman Paulo Roberto Ramos Bilibio, a man who became very popular after being kidnapped by civil police. 

Paulo Bilibio, at the time of this occurrence, was known for selling products from the supposed financial pyramid called BBOM (Embrasystem Tecnologia em Sistemas, Importação e Exportação LTDA). There are indications that this company has laundered money from the First Capital Command (PCC) faction. 

In 2020, there was a reduction in the company's movement and it stopped paying its investors and filed for bankruptcy in the São Paulo Justice, which was granted in July of the same year. The justification given by BWA to stop paying its investors was the COVID-19 pandemic that would have affected its activities and consequently its profits.

Who created the BWA?

As previously stated, the company BWA Brasil was created in 2017 by businessman Paulo Roberto Ramos Bilibio, and the company has always offered services in the cryptocurrency market, promising its investors fixed monthly returns of up to 1% per day. It is worth mentioning that this promised value is high, even in the cryptocurrency market. BWA, as we have seen, has failed to pay its investors since the start of the Covid-19 pandemic in 2020. 

After some time, after many processes and complaints running in the name of the company BWA Brasil, she tried to persuade the 2nd Bankruptcy and Judicial Reorganizations Court of the state of São Paulo, and stated that the debt she had with her investors was only R $ 449 thousand and not R $ 300 million. 

Faced with this, Judge Marcelo Barbosa Sacramone, observed that this could be a legal action characterized as an attempted fraud and / or coup. 

BWA Brasil, a company that operated in Santos in the state of São Paulo, simulated an investment bank for large contributions, with the promise of fixed monthly returns between 1% and 5,2% for its investors, through some types of cryptocurrencies . 

It is worth remembering that at the time two companies with practically the same name were opened: BWA and BWA Brasil, but had different CNPJ.  

We can see that Paulo Bilibio has a very dark past, but today he lives comfortably in the United States while his company owes millions to its associates and is in danger of being evicted from its headquarters in Santos, on the coast of São Paulo. 

BWA Brasil how did it work?

According to various complaints and denunciations against BWA Brasil, the company always went in search of people with high purchasing power and wealth, some even considered rich close to the Brazilian standard, to offer investments in bitcoins. Promising higher yields than any other type of financial investment, reaching 54% in one year. 

To give the company greater credibility, the partners chose to hire professionals with experience in the financial market, as they already had customer portfolios.

Managers of traditional banks and digital banks were hired, such as: 

• Itaú Personality
• crop
• Santander
• Van Gogh
• XP Investimentos and others

The company was little publicized in the market and on its official website there was not much information about its operation. We didn't find any rules or anything that would better explain the investment in cryptocurrencies.

The only information contained on the site was a telephone number, as it is believed that the site was aimed only at a select group of people, mainly wealthy residents of the Baixada Santista. 

In order to guarantee the selectivity of the guests, the company did not accept contributions with amounts less than R $ 30 thousand, which is considered an extremely high value. 

The big problem is that most people applied balances much larger than the minimum. There are even reports of investments with values ​​between R $ 1,6 million and R $ 2,4 million!

The company was able to convince not only wealthy and powerful entrepreneurs, but also retirees that they even sold their rental properties to make greater gains with the cryptocurrency investment company. 

Plans of the company BWA Brasil Investimentos

The official website of the company is not possible to be accessed, it only offers access to those who have registered. Therefore, it is not possible to capture any type of information, because on the main page of the website there is no information about the supposed investments, rules or plans that may be linked to the company. 

When we access the homepage of the site, we can see only a login page, requesting exclusive access to the site. 

BWA in Santos - São Paulo

As previously mentioned, the company BWA Brasil Tecnologia Digital LTDA is a registered company and headquartered in Santos, in the state of São Paulo, whose active partners in the social contract are Roberto Willens Ribeiro, Marcos Aranha, Jéssica Da Silva Farias and Paulo Roberto Ramos Bilibio , alleged creator of the company BWA Brasil.  

BWA Bitcoin what was it?

As we have already seen, the association between BWA and Bitcoin is in the fact that the company, suspected of a financial pyramid, uses alleged investments in the most famous cryptocurrencies in the world, Bitcoin, as a way of attracting people with high purchasing power to the scheme. 

BWA investments

The cryptocurrency investment company BWA does not have the name of Paulo Bilibio in the membership, but only the names of the other three partners who today live well in another country, it is believed that with money from investors. 

BWA brokerage

As shown in many reports on the internet, BWA Brasil is being investigated and is accused of a financial pyramid.  

The broker's mode of operation was to promise investors a lot of profits. However, in the end, BWA brokerage became indebted to its investors, which eventually led to possible bankruptcy. 

Was the company BWA Brasil a scam?

The company was accused of carrying out scams with the bitcoin cryptocurrency, generating a loss of around R $ 300 million. 

The company BWA Brasil is currently investigated by the Civil Police and the Public Ministry for fraud, money laundering.

The financial pyramid scam was disguised in cryptocurrency investments. The company has always denied the allegations and claims to be committed to repairing the losses that its customers have suffered. 

As it was accused and under investigation, the company BWA has to present accounts by the 30th of each month. In addition to the monthly bills, the company has to deliver the documents requested on a monthly basis to the judicial administrator.

The BWA company also needs to deliver transaction statements for all its bank accounts, tax and social security documents, as well as other labor costs, so that possible personal expenses or omission of information can be investigated. The judicial administrator must also issue reports on the movements and services performed. 

BWA Brasil Complain Here

There are many complaints from the company BWA Brasil in Reclame Aqui. Most of the complaints on the website are related to blocking the amounts invested, and withdrawals are not possible. They also report that they are unable to contact the company's team in any way (WhatsApp, email or website support). 

See below some examples of BWA complaints on the Reclame Aqui website:

I sold a property and kept 80 thousand until I retired and I haven't been able to cash out since October / 19
Invested resource blocked - lack of communication
Platform access denied
Company did not honor commitments made
Invested money disappeared and blocked
Non-payment to investors
Money stuck !!
Are not paying the ransom and income
I want my money back

Is BWA a pyramid?

Most of the lawyers and judges involved in the lawsuit believe that this is a classic type of financial pyramid, but they are still cases considered to be pyramid suspects and nothing is official. 

Conclusion

Companies that promise a lot of profits in a short time, investing a lot and earning even more, are usually considered fraudulent ways of making money. Be very careful with companies that promise high financial gains in a short time.

In this case, the best thing to do is not to invest in the scheme. If you have already invested, redeem your funds as soon as possible, as one time or another these companies will fall under investigation and you will be subject to losing all the money invested.