Nobel Prize nominee Don Milan Krajnc calls for removing name from EcoShuMi Foundation


Following the publication of an investigative report titled ‘Gang of scam Dracula lands in Dubai’ in Blitz, Nobel Prize nominee Don Milan Krajnc, who was named as one of the key individuals in ‘EcoShuMi Foundation’, which is launched by a groups of notorious frauds and scammers such as Jorge Sebastiao (Jorge Sebastião) aka Nuno Jorge Da Cruz Sebastiao, who has past track record of series of frauds and scams, including swindling 136 million Euros from people in Spain through a cryptocurrency scam named Nimbus Defi, Professor Don Milan Krajnc, also known as Milan Krajnc sent us an email requesting to remove his name from the report and said he also has asked his name to be removed from ‘EcoShuMi Foundation’ (Web Archive Link).

Spanish newspaper Cronica Business in its report said, Jorge Sebastião (Jorge Sebastiao), CEO of Nimbus Defi has cheated 136 million Euros from people by giving them false hopes through fake cryptocurrency.

Don Milan Krajnc claims to be a Fellow of the Royal Asiatic Society of Great Britain and Ireland; Professor of Public Management at the European Center for Peace and Development at the University for Peace, United Nations; and Professor of the Open World Program at Al-Khalifa Business School. He also claims to be a Nobel Prize nominee and member of royal family.

On September 13, 2022, Jorge Sebastiao has launched another fraudulent entity named ‘EcoShuMi Foundation’, which is believed to be a massive fraudulent preparations eyeing on the ‘Dubai Metaverse Assembly’, an event organized by His Royal Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council.

In the website of ‘EcoShuMi Foundation’, an internationally known scammer like Jorge Sebastião (Jorge Sebastiao) has used names of many individuals such as Professor Milan Krajnc with the ulterior motive of giving legitimacy to this fraudulent venture, and it is anticipated that a large number of people, whose names are mentioned in the website of ‘EcoShuMi Foundation’ may not either know the actual background of people behind this fraud project or may have given consent to use their names without due diligence.

As contents of Blitz gets spread through all the major search engines as well newspapers and news agencies throughout the world, on seeing the report in Blitz, Professor Milan Krajnc sent an email to this newspaper on September 15, 2022 from his official email address stating:

We are responding to your article “Gang of scam Dracula lands in Dubai” where you mention me.

I would like to distance myself from this institution.

Every day there are many offers to be their honorary member or part of the team. Unfortunately, not everything can be checked! I often say YES because I want to help with my name. Unfortunately, it is not possible to check everything, who are the people who invite you.

So please remove my name from the article, or at least publish my statement.

I also requested that my name be removed from the Foundation as well.

Milan Krajnc

Academician prof. Sir ddr.hc. Captain Don H.H. MILAN KRAJNC, B.Sc., psychotherapist, MBA, DBA, IPA, KMFAP, FRAS, FRSA, FRAI, MRSAI, IAMA

Nobel Prize nominee and Author of the Dynamic Leadership Model

Professor of the Open World Program at Al-Khalifa Business School
Fellow of the Royal Asiatic Society of Great Britain and Ireland

MilanKrajnc LLC l Library of Milan Krajnc l BookStore.MK
Sharjah Media City, Sharjah, P.O BOX (515000), UAE
[email protected] /+971 52 35 02 687/
عيش يوم واحد كالأسد خير من عيش مئة سنة كالنعامة

The Private Office Of His Highness Academician Milan Krajnc.

Blitz, a newspaper which has been publishing since 2003 enjoys high repute throughout the world for its bold editorial policy and investigative and prolific journalism.

In my journalistic career of more than 33 years, I have received many international awards, including ‘Freedom To Write’ award from the PEN USA; ‘Moral Courage Award’ from the American Jewish Committee’; and ‘Monaco Media Award’ from Prince Albert II of Monaco. Our newspaper has been recognized by the US Congress as “Most influential” newspaper back in 2007. As a journalist, I regularly write for many international newspapers and appear on TV shows and reports. What we want to solemnly declare is – during the past twenty-plus years, Blitz has always maintained accuracy while reporting any topic. As we felt, scammers like Jorge Sebastiao (Jorge Sebastião) aka Nuno Jorge Da Cruz Sebastiao pose serious threat to any society, as their lone goal is fooling innocent people and swindling hundreds of millions of dollars through false and blank promises; we sincerely hope, Professor Milan Krajnc will bring the matter of Jorge Sebastiao (Jorge Sebastião) with His Royal Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council and authorities concerned in the United Arab Emirates forthwith. Dubai authorities need to initiate immediate investigation into the case of Jorge Sebastiao (Jorge Sebastião) and his cohorts, declare him Persona Non Grata in the UAE and shut-down his fraudulent ventures including EcoX and ‘EcoShuMi Foundation’ for the sake of saving Emirati people in particular and people in other Middle Eastern nations from being scammed by this dangerous fraud cartel.

It may be mentioned here that, a grand scammer Jorge Sebastiao is a partner of another dangerous scam cartel named ‘Bank Bene Merenti’.

Dan Settgast is one of the kingpins of the scam cartel named Bank Bene Merenti, which has been robbing-off hundreds of millions of dollars through fake YEM crypto by fooling people through false claims and well-orchestrated propaganda. By pretending as an affiliate of the Bank of Japan, this scam cartel is mainly cheating people from Uganda, Ghana, Gabon, Tanzania, Nigeria, Kenya, Gambia, Ethiopia, Congo, Sudan, Angola, Burkina Faso, Mozambique, Cameron, Madagascar, Mali, Malawi, Senegal, Chad, Somalia, Zimbabwe, Rwanda, Guinea, Benin, Burundi, Tunisia, Libya, Egypt, Sierra Leone, Togo, Central African Republic, Liberia, Mauritania, Eritrea, Botswana, Lesotho, Guinea-Bissau, Mauritius, Eswatini, Djibouti, Comoros, Cape Verde, Seychelles, as well as South Asian countries such as Bangladesh, India, Pakistan and Sri Lanka. According to credible sources, this racket has also expanded network in the Philippines, Indonesia, Malaysia, Lebanon, Jordan, Oman, Bahrain, Syria, Saudi Arabia, and UAE.

Meanwhile, Dan Settgast, one of the masterminds behind bogus YEM coin and fraudulent Bank Bene Merenti and YEM Foundation is trying to open an office of this dangerous scam cartel in Dubai with the active help of his cohort named Jorge Sebastiao, real name Nuno Jorge Da Cruz Sebastiao, a British national is the President of YEM Foundation and one of the top kingpins of the Bank Bene Merenti and YEM coin scam cartel.

This cartel also has already opened an office of one of its affiliates named EcoX in Dubai.

Frauds and scammers like Jorge Sebastiao (Jorge Sebastião) and his crime gang should not be allowed by any of the Governments in the world to continue their notorious activities. At the same time, we are calling upon the international media to expose fraudulent activities of Jorge Sebastiao (Jorge Sebastião) and other scammers such as Saif Al Nazi (connected to Hamas), YEM Foundation, YEM coin, Bank Bene Merenti, EcoX, Dan Settgast, OnPassive, Ashraf Mufareh aka Ash Mufareh, OneCoin, Ruja Ignatova, aka Crypto Queen aka Ruzha Plamenova Ignatova and others.


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