- Aziz Com Mirza scammed victims millions of dollars through crypto fraud and other schemes.
- Though victims run into the thousands, some lost as much as half a million dollars individually.
- Lately, Mirza had been pivoting to a career as a social media influencer but this is unlikely to save him given the mountain of evidence.
The Instagram influencer behind a fraudulent crypto dubbed the ‘Bitcoin of the Middle East’ has been arrested in Dubai. Through various fraudulent schemes, Pakistani-Canadian Aziz ‘Com’ Mirza allegedly raked in millions of dollars from victims spread across the world.
His arrest was triggered by a UAE resident who lodged a complaint after losing more than $150,000 in one of Mirza’s schemes, according to Gulf News.
Habibi Coin – the crypto that never was
Among the most prominent of Mirza’s schemes was Habibi Coin, a cryptocurrency that claimed to be built on the Ethereum ERC20 platform. With most of his victims being Muslims, Habibi coin was touted as being Sharia-compliant.
Habibi Coin’s Twitter profile
However, Habibi Coin’s official website does not exist. The cryptocurrency also seems not to be listed on any exchange.
Habibi Coin is not listed on any exchange | Screenshot
Most of Mirza’s victims belong to a UK-based online community platform known as the Muslim Entrepreneur Network. In his ‘investor presentations’ in London that appeared to mirror the OneCoin cryptocurrency scam, Mirza billed himself as a successful real estate mogul in the UAE worth $500 million.
American is $0.5 million poorer
While most victims invested tens of thousands of dollars in Mirza’s schemes, some put in more. This includes US citizen John Barry who invested half a million dollars.
Aziz Com Mirza on Instagram
Besides Habibi Coin,