This investigation was recently moved to a new domain (fadikhalilinvestigations.com). During the migration, some content, internal references, or external links may be outdated, mislabelled, or temporarily broken. If you encounter anything incorrect or non-functional, please let us know via the contact form so we can correct it.
The Xpose Scandal:
Full Investigation Report
A comprehensive account of the Fadi Khalil investment fraud allegations, the FIOD investigation, the Xpose Protocol crypto token scheme, and the coordinated international legal response. All statements are based on publicly available sources and should be considered allegations unless legally determined otherwise.
Editorial Notice: The following information is compiled from publicly available sources including news articles, social media posts, community discussions, and investor accounts. Not all claims have been confirmed by a court of law. This report uses journalistically neutral language and presents allegations as allegations. The platform encourages readers to consult original source material and form independent judgements.
- Chapter 1The Xpose App: Origin & Promises
- Chapter 2FIOD Investigation: Fraud, Laundering, Embezzlement
- Chapter 3Role of Peter R. de Vries
- Chapter 4Xpose Protocol — The Crypto Token
- Chapter 5Dubai & Crypto: The Second Wave of Allegations
- Chapter 6International Legal Coordination
- Chapter 7Digital Footprint & Known Online Profiles
- Chapter 8The Boef Connection: "Guap" & Alleged Music Financing
Between 2016 and 2018, Fadi Khalil co-founded and actively promoted the Xpose app, marketed as a revolutionary panic-button and livestreaming safety tool. The app promised to combine GPS tracking, live video streaming, and automatic activation via phone shake — directly linking users in distress to security services in real time.
The project gained significant public credibility when Peter R. de Vries, one of the Netherlands' most prominent crime journalists, publicly endorsed Xpose, stating: "Xpose will bring about a transformation." The endorsement from De Vries, combined with a partnership with security firm G4S and coverage from Dutch tech outlet Bright.nl, positioned the project as a legitimate, investable innovation.
Investment vehicles were structured through Apps Innovations BV. Investors could purchase obligation bonds, with the app presented as an international safety innovation on the verge of mass-market deployment. According to investment platform CashCow.nl, millions were raised from private investors who trusted the project's apparently professional infrastructure and high-profile endorsement.
The Xpose project began unraveling publicly when the FIOD — the Fiscale Inlichtingen en Opsporingsdienst, the Netherlands' fiscal intelligence and investigation service — opened a formal inquiry into the operations of Fadi Khalil and Apps Innovations BV.
According to GeenStijl's investigative reporting, the FIOD's investigation covered three primary areas of suspicion: investment fraud, money laundering, and embezzlement of investor funds. The core allegation was that millions of euros raised from private investors for the purpose of developing and deploying the Xpose application were instead diverted to personal expenses — including luxury goods purchases and international vacations.
The app itself, the stated purpose of the investment, was reportedly never functional. Investor funds appear to have been used primarily to sustain an appearance of legitimacy while the company failed to produce any viable product. Het Financieele Dagblad (FD) published reporting suggesting the application would never come to fruition, citing internal documentation and investor communications.
The public endorsement by Peter R. de Vries played a critical role in establishing investor confidence in the Xpose project. De Vries — known internationally for his investigative journalism and crime reporting — lent the project a level of credibility that few startup founders could independently generate.
His public statements about Xpose were widely circulated in Dutch media and on investment platforms. Investors have indicated that his support was a significant factor in their decision to commit funds. Following the collapse of the Xpose project and the subsequent FIOD investigation, GeenStijl published extensive criticism of De Vries's role, questioning whether adequate due diligence was performed before the public endorsement was made.
It is important to note that there is no public evidence or legal determination that Peter R. de Vries had knowledge of any alleged fraudulent intent. The criticism directed at him pertains primarily to the consequence of his endorsement rather than any alleged wrongdoing on his part.
Following the collapse of the original Xpose app, a crypto token project operating under the name "Xpose Protocol" emerged and attracted significant public attention — and criticism — from Dutch media and investigative journalists.
The project was promoted as a cryptocurrency/token venture and drew in a network of well-known Dutch public figures as "advisors," including Marc Overmars (former director of Ajax), Ralph de Geus, and Vasco Rouw. Their association lent the project public visibility and credibility among potential retail investors.
Dutch investigative programme BOOS dedicated multiple episodes in April 2022 to the project, describing it as: "XPOSE is a crypto token, whose price went in all directions..." — a characterisation consistent with allegations of a pump-and-dump scheme. BNR Nieuwsradio and the podcast Crypto Cowboys also conducted investigations into the network surrounding Xpose Protocol.
Key patterns alleged in public reporting include: a heavily hyped token launch, promises of returns, a network spanning Groningen / North Netherlands and Marbella, and investors left holding effectively worthless tokens after the promotional phase. DVHN reported on the role of Vasco Rouw from Emmen and questioned whether connected parties bore civil or criminal liability for the token's promotion.
The same geographic and personal networks — Groningen, Marbella, MTA (Marbella Talent Agency), and the Xpose brand — recur across both the original app scandal and the Xpose Protocol token. Investigators and journalists have noted this convergence as significant.
Following the collapse of Xpose and the Dutch FIOD investigation, Fadi Khalil is alleged to have relocated to Dubai and pivoted to the cryptocurrency sector. Multiple social media accounts and community forums documented his alleged involvement in a series of crypto projects.
The projects named in public allegations include:
— Medacoin: A cryptocurrency project where investors allege failure to deliver promised tokens and roadmap milestones. Reddit communities documented discussions of lost investment and unmet promises.
— Medabots: A gaming-adjacent NFT/crypto project with similar allegations of non-delivery.
— SHIA / Shiba Saga: A further crypto venture where community participants reported financial losses and project abandonment.
Instagram and X/Twitter posts from multiple accounts directly named Fadi Khalil as a "Dubai crypto scammer," linking his name to the Xpose history. Reddit and crypto forum posts from community members described experiencing financial losses across these projects, with users sharing transaction receipts and communications.
These allegations remain unconfirmed by courts and represent community-sourced claims, though they form part of the broader pattern documented by investigators across multiple jurisdictions.
By 2025, the geographic breadth of allegations against Khalil triggered a coordinated international legal response. Victims and their legal representatives across Europe, the Middle East, North America, and Australia have initiated or are pursuing formal legal proceedings in their respective jurisdictions.
The consolidated mega lawsuit — currently coordinated through this platform — aims to aggregate claims from up to 4,000 victims into a unified legal action, increasing the economic and legal weight of the case. As of May 2026, 112 victims have formally registered, with a combined claimed damages figure under active tabulation by coordinating legal teams.
Key jurisdictions with active proceedings include the Netherlands (primary fraud and money laundering), the UAE's Dubai Financial Services Authority (financial crimes), the United Kingdom's Serious Fraud Office, and the US Securities and Exchange Commission (crypto securities fraud). Victims who have not yet registered are encouraged to do so before the registration deadline.
The following public profiles are directly linked to Fadi Khalil or his business entities. It cannot be confirmed with certainty which accounts are personally operated by Khalil versus fan or legacy business accounts. All profiles listed below appear in public records or are directly connected to Xpose Inc. or Marbella Talent Agency (MTA).
Accounts not found or removed:
- — No confirmed personal Facebook profile under his name
- — No active personal Instagram profile under his own name
- — No official Xpose or Xpose Protocol website currently online
Many accounts appear to have been deleted, deactivated, or scrubbed following the FIOD investigation and the Xpose Protocol crypto cases. Virtually all remaining public traces lead back to: Xpose / Xpose Protocol, MTA (Marbella Talent Agency), Marbella, Groningen, crypto promotion networks, and investment circles.
Investigator note: The same geographic and personal networks consistently recur across all documented activities — Groningen, Marbella, the Xpose brand, and MTA. This convergence across the app scandal, the Xpose Protocol token, and subsequent crypto ventures has been independently noted by BOOS, BNR Nieuwsradio, DVHN, and the Crypto Cowboys podcast.
The following represents allegations based on investigative reporting and community sources. Boef has neither confirmed nor denied the claims publicly. All statements should be treated as unverified allegations.
The Dutch rap world has come under renewed scrutiny. Street rapper Boef (Sofiane Boussaadia) is alleged to have received financial backing for his recent music projects — including the music video "Guap" — from the controversial Fadi Khalil, widely regarded as one of the most notorious figures in the Dutch and international fraud scene.
"Guap" is a classic Boef track: raw street sounds, money-themed lyrics and an instantly catchy hook. The accompanying music video is lavishly produced — featuring luxury cars, jewellery and high-end locations. According to insiders, these productions may have been made possible through investments channelled by Khalil via his Marbella Talent Agency (MTA), connections for luxury locations in southern Spain being part of the alleged arrangement.
Direct proof that Boef himself publicly credits Fadi Khalil as a backer of the video clip.
The screenshot below shows the official YouTube video description published under Boef's own video clip on his official channel. In the production credits block — directly underneath the listed director, producer, cinematographer, gaffer, stylist and casting credits — the description explicitly states:
"Special thanks to: @Marbellatalentagency / Fadi Khalil / @Jackie.marbella"
This is significant. It is not a rumour, not an insider tip and not a third-party allegation — it is Boef's own official video description on his own YouTube channel, in which he personally names Fadi Khalil by full name, alongside Khalil's Marbella Talent Agency (MTA) and the Marbella location-scout @Jackie.marbella, in the "Special thanks" / sponsor section of the video credits. In the music-video industry the "Special thanks" line in the official video description is the standard public-facing way to acknowledge the people who financed, sponsored or made the production possible — talent agencies, location providers, private backers and investors.
Khalil's name appearing in this exact slot — between Marbella Talent Agency (his own company) and the Marbella location scout — is direct corroboration of the long-standing victim and insider reports that Khalil personally underwrote the production via MTA: footing the bill for the helicopter, the Rolls-Royces, the models cast through MTA, and the southern-Spain locations scouted via his Marbella network. In other words: the lavish visuals on screen are paid for, and the paying party is named, by Boef, in writing, in the public video description.
Full credit block visible in the screenshot: Music: Julien Willemsen · Director: Azad Wastara · Production: AMJORDAN entertainment · D.O.P: Michel Blom · C.A: Jeffrey Harmunanto · Gaffer: @Lightingjesus · Bestboy: Seretse Fulani · Styling: Naomi Quinn Noor · Model: Marbella Talent Agency · Location Scout: @jackie.Marbella · Special thanks to: @Marbellatalentagency / Fadi Khalil / @Jackie.marbella.
The two photographs below come from a separate private-archive video in which Fadi Khalil personally shows off his luxury car fleet in Marbella. The Rolls-Royce models and German Munich-registered ("M-…") number plates visible in these stills are the same vehicles that appear on screen in Boef's "Guap" music video — the helicopter scene where Boef and the MTA-cast models step out between two Rolls-Royces with identical "M-…" plates. This is a direct visual match between Khalil's private fleet and the on-camera "props" of the production he is credited as having sponsored. It corroborates the credit line above: the luxury cars in the clip are not rental hire from a film-services company but appear to be Khalil's own vehicles, supplied to the production via Marbella Talent Agency.
Both vehicles carry German Munich ("M") registration plates. Investigators are examining the registered keeper records to formally establish ownership and the route by which these vehicles came to be made available to the production crew of the Boef "Guap" video shoot in southern Spain.
Background: The Xpose Case
Fadi Khalil was founder and CEO of Xpose (Xpose Inc.) — a safety app with a panic button designed to automatically trigger a livestream. The app was launched with considerable fanfare, backed by well-known Dutch public figures including Peter R. de Vries. Millions were raised from investors through bonds and investment structures.
According to investigations and reporting by GeenStijl, NU.nl and others, the project completely unravelled. The FIOD launched an inquiry into fraud, money laundering and embezzlement. The funds raised were allegedly spent predominantly on a luxury lifestyle, holidays and personal expenses rather than app development. Multiple associates were arrested. Khalil himself reportedly left for Marbella and subsequently Dubai, where he allegedly pivoted to crypto projects — including Medacoin, Medabots and SHIA / Shiba Saga.
This background makes the alleged link to Boef particularly explosive. Khalil is reported not only to have provided budget for recordings and video clips, but also to have offered access to his network of luxury venues in southern Spain.
Reciprocal Arrangement · Open Lead
According to information received by this investigation, the arrangement between Fadi Khalil and Boef was reciprocal: Boef acted as a promoter for Xpose Protocol precisely because Fadi Khalil had financed and facilitated his music video. In return for Khalil's backing of the videoclip — budget, locations and access to the Marbella production network — Boef lent his name and reach to push the Xpose Protocol token to his audience. The two roles are documented as directly linked: promotion of the token in exchange for production support.
Fadi Khalil has, to date, never been formally questioned in this matter. However, this platform has received a substantial volume of independent reports from victims, insiders and witnesses placing Khalil at the centre of the Xpose Protocol promotional operation. Those reports are now being consolidated and will be the subject of a thorough, dedicated investigation — the findings of which will be published on this platform as verification proceeds, and submitted to the relevant prosecutorial authorities.
Risk to Boef's reputation
For Boef — an artist who has always projected an independent, street-credible image — this alleged association carries significant reputational risk. While the funding may provide greater capacity for professional video production and promotion, it risks tainting his credibility through association with a figure who carries a heavily documented controversial past.
Current status
Boef has not publicly confirmed or denied the allegations. On social media he made a vague reference to "new moves with the right people." Fan reactions are divided: some argue that as long as the music is strong the backing is irrelevant; others argue the connection undermines genuine street credibility. Whether legal fallout from earlier Xpose-related cases will follow remains to be seen.
This investigation report is maintained by victim coordination volunteers and independent investigative contributors. If you have additional information, evidence, or are a journalist investigating this case, you may submit supporting materials through the evidence submission system. All submissions are protected by applicable whistleblower provisions.