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SFCVIBE Shutdown Amid Fraud Probe | Christchurch News

SFCVIBE Shutdown Amid Fraud Probe | Christchurch News

Published 2 weeks, 6 days ago
Description

SFCVIBE, a platform under fire for allegedly running a pyramid scheme, has shut down its Christchurch office amid mounting scrutiny and user losses. The Commerce Commission is now investigating after dozens reported losing thousands—some even refugees—unable to withdraw funds despite claims of transparency. International watchdogs, including Fiji’s Consumer Council, have labeled it a sophisticated scam. Police flagged it as fraud in March 2026, but the Commission took over, warning recovery could take years. The Christchurch owner, who once boasted global brand partnerships, remains silent as the probe drags on.

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