In April, Mahreb Group supposedly bought Nomy Finance, investing $72 million. However, there is a lot of evidence that this investment group is not a real entity but a deceptive illusion created by the Nomy scammers to avoid accountability.
Nomy Finance is claiming that it is completely separate from Cryptonomy
Now, let’s examine the evidence proving that Mahreb Group is fabricated. When visiting their homepage, the most striking aspect of their site is its near-identical design to Nomy’s website, sharing the same colors, theme, and layout. This raises questions, as Mahreb Group claims to have been established in 1992, while operating as a separate entity from Nomy until April 2025. A quick search also shows that Mahreb’s domain was registered on May 14, 2025. For a company purportedly operating for over three decades, the absence of a website until recently is highly unusual and inconsistent.
Even more revealing is the lack of any online presence for Mahreb Group, a supposed 33-year-old investment firm. A web search yields no information beyond its connection to Nomy Finance: no website, articles, press releases, or social media activity. For a company claiming ownership of over 180 portfolio companies and $171 billion in revenue, the complete absence of a digital footprint over three decades is highly implausible.
Mahreb Group claims to have a massive portfolio and revenue, but there’s no online presence prior to May 2025
A closer examination of Mahreb Group’s founder reveals further inconsistencies. His biography claims he served as a senior consultant in capital management at Goldman Sachs, yet a web search yields no trace of his professional history. In fact, no information about Martin exists beyond Mahreb’s recently created website and some of his images are AI-generated. The same applies to the management team—John Ashford, Lukas Muller, David Moretti, and Victor Jansen—who appear to have no online presence whatsoever, raising serious doubts that they are even real people.
This image of Mahreb Group founder Martin Strass is AI generated
Also notably absent from Mahreb Group’s website is any mention of the 180+ companies they are said to be invested in. They assert involvement with wealth and pension funds but fail to name a single client. And their claim of building and maintaining infrastructure for financial institutions lacks any supporting evidence: no historical press releases, no mentions on banking or other websites, nothing. For a company of their purported scale, this complete lack of transparency is highly implausible.
From this, we can only conclude that Cryptonomy/Nomy Finance likely created the fictitious Mahreb Group as a smokescreen to divert attention from its troubled past, particularly its history as Cryptonomy and the associated fraud.
