Debtor ERC World LLC (ID 406338431) and its CEO Mr. Boyan Todorov is one of long-term debtors, people and / or companies with whom we do not recommend trading in Georgia, Tbilisi.
According to the information available, ERC World LLC is one of long-term debtors with whom we advise caution when engaging in trade or financial transactions. Despite repeated attempts to contact the company, they have failed to fulfill their obligations for an extended period of time.
Debtor: ERC World LLC
Identification Number: 406338431
Registration date: 26/08/2021
ERC World LLC, Georgia, Tbilisi, Samgori District, Mikheil Gakhokidze str., № 49
Mobil: +359 88 643 48 94
Debt since 10.04.2023
Management/Representative Powers of ERC World LLC
Boyan Todorov Todorov, 8504306521, 386097501, 651943233 / Bulgaria / ,Individual Representation
Partners of ERC World LLC
Boyan Todorov Todorov, 8504306521, 386097501, 651943233 / Bulgaria / 100% shares / units
We recommend conducting your own due diligence and seeking legal counsel before engaging in any transactions with ERC World LLC and its shareholder Mr. Boyan Todorov.
There is also another company with a same name on the address 111V Tsarigradsko Shose blvd., Sofia, Bulgaria, 1186
All information are available from a public registry. Updated on 01.08.2023.
Based on internet sources and public available informaton Bing AI model provide addional information that we cannot verify:
ERC World LLC: A Company That Fails to Deliver on Its Promises
ERC World LLC is a company registered in Georgia, Tbilisi (with a shareholder and management connection to Bulgaria), that claims to offer innovative solutions for a decentralized marketplace for NFTs (Non-Fungible Tokens). However, behind this facade lies a history of bad business practice, dishonesty and debt.
According to our sources, ERC World LLC has been failing to pay its creditors for more than four months, despite repeated reminders and legal actions. The company owes a significant amount of money to various suppliers, contractors and partners, who have been left in the dark about the status of their payments.
The company also does not comply with bank sector rules when involving crypto-related activities. The company's website states that is NFT marketplace. However, the company does not provide timly any proof of its transactions or its compliance with anti-money laundering and counter-terrorism financing regulations as another source states.
The sole owner and representative of ERC World LLC is Mr. Boyan Todorov, a Bulgarian citizen who has been involved in several dubious ventures in the past. Mr. Todorov has a LinkedIn profile that boasts of his achievements and expertise in various fields, but does not mention his current affiliation with ERC World LLC or his outstanding debts.
Mr. Todorov has been using his personal contacts and networks to attract new clients and investors for ERC World LLC, promising them high returns and quality services. However, once he receives the money, he either disappears or makes excuses for the delays and failures of his projects.
We advise our readers to be wary of doing business with ERC World LLC and Mr. Boyan Todorov, as they pose a high risk of fraud and loss. We recommend conducting your own due diligence and seeking legal counsel before engaging in any transactions with them.
All information in this article are based on public records and reliable sources.