Security News > 2009 > December > E2-labs' project Ethan dissected. Anatomy of a franchise proposal based on non-existing partnerships (UPDATED)
http://www.zone-h.org/news/id/4731 [So maybe Peerbhoy wasn't trained by Zone-H from details here... http://www.zone-h.org/news/id/4716 - More details about Peerbhoy, http://www.infosecnews.org/hypermail/0903/16060.html - WK] By Roberto Preatoni Zone-H.org 22/11/2009 We received a notice that on WikiLeaks somebody uploaded an interesting document. It's a PDF file, called Project Ethan (after Tom Cruise's Mission Impossible caracther?) and it refers to E2-labs very recent plans to open in India an educational and IT security franchise network. We downloaded the document and we found some very interesting information in it, regarding E2-labs future plans and how the name of Zone-H (and a few others) was used to back up the whole plan to convince possible investors to invest money in Mr. Zaki Qureshey expansion plans. Needless to say, Zone-H was never informed about such plans and never gave any consent to be included in it. The document is a financial investment porposal, made up by 28 pages. It seems to be written by Grant Thornton, a well-known financial advisor company. We have no doubt that the document was originally produced by such company, it's too well structured, E2-labs and Zaki Qureshey definitely don't posses the business skills to do that. Nevertheless, the document it's filled by improper statements. We don't think that Grand Thornton did it on purpose, we just imagine the situation where they were given some statements and material by Zaki Qureshey and they granted it for real, without verifying it. And that is bad, after all, the entire businell proposal carry their name. The result is a well written document meant to attract possible investors, backed up by Grant Thornton name, which sounds to the ears of possible investors as a guarantee that it is referring to a serious proposal. This is probably the reason why E2-Labs Mr.Zaki Qureshey decided to invest some money to look for Grant Thornton advocacy. Just another case to use somebody's name for his plans. In this article, we are going to show some excerpts from that document, followed by some of our comments. Why did we decide to make this document public? Because that document is yet another example of Mr. Zaki Qureshey unethical business practices and because it's involving directly my an Zone-H name and because this is the only way we have to make clear to the general public that we have nothing to do with Mr. Zaki Qureshey bogus proposals. [...] ________________________________________ Did a friend send you this? From now on, be the first to find out! Subscribe to InfoSec News http://www.infosecnews.org