The Mauritius Financial Services Commission has reiterated that DistributeX and anyone promoting or representing it are not, and have never been, licensed or regulated by the commission. The renewed warning follows increased public inquiries after an investor alert issued on April 30, 2026. DistributeX offers services through a website and mobile application and appears to operate from several offices across Mauritius, while also organizing online and in-person meetings. The commission urged heightened caution over investment offers that require upfront payments, incentivize recruitment and promise substantial returns through structured membership programs. It is working with the relevant authorities and advised the public to assess risks carefully and verify entities against its Register of Licensees before investing.
2026-08-28Mauritius Financial Services Commission
Mauritius Financial Services Commission reiterates DistributeX investor alert, flags pyramid scheme indicators
The Mauritius Financial Services Commission reiterated that DistributeX and its promoters are not licensed or regulated by the commission. It urged caution over features associated with pyramid schemes, including upfront payments, recruitment incentives and promises of substantial returns.