companies @ BehindMLM

The TexitCoin MLM crypto Ponzi has collapsed. TexitCoin has been luring investors in on the promise of up to 900% over the past few months. In the lead up to the holiday season however, TexitCoin’s TXT shitcoin has collapsed.

The SEC has filed a civil fraud lawsuit against the founder of VBit Limited and Advanced Mining Group. The SEC’s lawsuit was filed on December 17th and names Danh C. Vo, aka Don Vo, as the primary defendant. Phuong D. Vo, My Tien Thi Nguyen and Diem T. Vo are named relief defendants.

On December 1st HyperFund promoter Rodney Burton filed what was essentially a “crime is legal” push for release. Pending trial, Burton has been in custody since his January 2024 arrest. The DOJ wants to keep him there, prompting an opposition filing on December 15th.

Marlon and LaShonda Moore, co-founders of the Blessings In No Time MLM gifting scheme (BINT), appear to be having a mental breakdown. Court filings have questioned whether the Moores are fit to stand trial, as husband and wife cling to a sovereign citizen defense.

Indian authorities have made a key suspect arrest in an ongoing AST Coin investigation. Ajay, who also went by Tipu, was arrested in Agra on December 11th.

David Imonitie’s IM Mastery Academy clone has collapsed. Earlier today (December 14th), a social media post “welcomed” the Nvisionu co-founder and CEO to iGenius: Imonitie is also believed to have teamed up with iGenius promoter Anthony Napolitano last week, to pitch iGenius to Nvisionu promoters.

Carter-Ruck attorney Claire Frances Gill has been cleared of wrongdoing by the Solicitors Disciplinary Tribunal (SDT).

The collapsed Zionix Global Ponzi scheme has lost its third website domain. Also as predicted when Zionix Global disabled withdrawals earlier this month, CEO Jenna Zwagil has also bailed.

A December 9th Status Report from the iMarketsLive Receiver provides insight into co-founders Chris and Isis Terry’s mansions. The mansions were purchased with funds misappropriated from consumers through iMarketsLive and its predecessors (IM Mastery Academy and Iyovia). Notably, neither Isis Terry or Keishia McLeod, Chris Terry’s girlfriend, are happy about returning assets purchased with ill-gotten [Continue reading…]

DAO1 has received a fraud warning from the Bank of Latvia. As per Bank of Latvia’s December 5th DAO1 warning;