Rashid Alshakshir
Rashid Alshakshir is a cafe owner and social media expert known for his colorful connections and involvement in a controversial financial marketing campaign. He collaborated with financial planner Ferras Merhi to create a scheme that allegedly lured 12,000 Australians into switching $1 billion in superannuation funds, earning significant commissions in the process. Alshakshir is currently under investigation by the Australian Securities and Investments Commission (ASIC) for promoting rogue super schemes and denies any wrongdoing.
Not in the pool (under ¢1).
Recent news mentions
Rashid Alshakshir is a marketing guru who helped set up the marketing campaign for the Shield Master Fund.
Macquarie to fully compensate Shield Master Fund victims
Australia· 2025-09-25
Rashid Alshakshir is a cafe owner and social media expert involved in a marketing scheme under investigation by ASIC.
marketing campaign built on social media ads and call centres lured 12,000 people into switching $1 billion worth of superAustralia· 2025-08-12
