Country of Origin: Sana’a, Yemen.
Company management: Belqis Al-Haddad
Number of contributors: more than 100,000
Share price: Varying
Payment methods: remittances
Activity: Claiming a commercial and investment activity.
Cheats: win up to 250%
Balqis Al-Haddad – Sultana Palace owner is accused of defrauding more than one hundred thousand citizens, by collecting more than 66 billion Yemeni riyals during the period 2016-2020… “Sultana Palace” is the registration of individuals and not a registration of companies, according to what their data shows on the website of the Ministry of Economy And trade… The Sultana Palace sets the value of the share at 115 thousand riyals, with profits divided to 60 percent for the employer and 40 for the speculator, subject to increase and decrease. In case of loss, the employer loses his money and the speculator loses his effort and works according to what is stated in the contracts of the Sultan’s Palace.
According to official data, the number of those who contributed to the Sultana’s Palace during the first half of 2020 reached more than 99 thousand (90% of the total number of shareholders), at a rate of more than 16 thousand shareholders per month, and a value of more than 455 thousand shares (79% of the total number of shareholders). The number of shares), which is very high.
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