Reza Mokhtarian, a self-described “forex visionary” and former head of Kaizen Global - an MLM-based Forex education company based in Canada - will be appearing in an Ontario court on October 26, to face charges of fraud over $5,000 CAD:
“Mokhtarian is scheduled to appear in court on this matter on October 26, 2016, at 9:00 am in Courtroom #111, Old City Hall, 60 Queen Street West, Toronto, Ontario.“The Ontario Securities Commission (OSC) charged Mokhtarian with fraud on September 30, 2016. The OSC alleges that Mokhtarian’s offences took place between July 1, 2013 and December 31, 2015, following an investigation conducted by the Joint Serious Offences Team (JSOT).
The fraud investigation began following Mokhtarian’s kidnapping and beating on February 25, 2016. The 33-year-old Mokhtarian was found in a ditch, half-naked with non-life-threatening injuries. According to a report by TheStar, Peel police said four masked men stole Mokhtarian’s grey 2010 Bentley, which had the license plate “OCEANSKY.”
This phrase was also used in Mokhtarian’s Twitter, Instagram and Facebook accounts, which had an extensive collection of flashy photographs showing Mokhtarian posing with various luxury automobiles:
Two of the alleged kidnappers have been apprehended and two other suspects are still on the loose, according to statements by Peel police. Both Mokhtarian and Peel police have refused to make any statements linking the kidnapping to the fraud charges. At press time, the website for Kaizen Global (kaizenglobal.com) is down for "maintenance."
Mokhtarian hasn't made any statements on the fraud allegations, but RipOffReport.com lists three scam accusations against Mokhtarian related to his previous forex venture, Capital Trust Markets, between 2013 and 2015.