companies @ BehindMLM

LuLaRoe co-founder Mark Stidham passed away on September 25th at the age of sixty-eight. Stidham is believed to have died of complications related to pancreatic cancer.

Athene Network has collapsed. Following a trademark infringement judgment earlier this year, the scammers behind the Ponzi scheme have rebooted as Atheus Network.

Chen Zhi, founder and Chairman of Prince Holding Group, has been indicted on wire fraud and money laundering charges.

iComTech promoter Juan Arellano has received a time served sentence and three years of supervised release. $1.74 million already seized by the US government is forfeited. And Arellano is jointly liable for $789,218 in restitution.

Following multiple regulatory fraud warnings, Crytpex’s website domain was seized earlier this month.

Clayton and Elisha Sampson have been ordered to pay $750,000 in punitive damages. In awarding punitive damages on September 30th, the court noted discrepancies in the Sampsons’ testimony and failure to produce requested financial records.

BitHarvest has received an investment fraud warning from the Dutch Authority for the Financial Markets (AFM). As per the AFM’s October 7th BitHarvest warning;

Jacques Marais has rebooted his multi-collapsed Infinity Grid MLM gifting scheme. Victims of the scam are also being recruited under Marais into LevAI.

Former BusinessForHome owner Ted Nuyten was contacted by the City of London Police over his OneCoin shilling. The disclosure was made in a trove of documents made public by the Solicitors Disciplinary Tribunal. Documents the law firm Carter-Ruck fought to keep from the public.

Ghanian authorities have rescued another one hundred and ten human trafficking victims. The victims, primarily from Cameroon and Côte d’Ivoire, were lured into Ghana on false promises of employment. Upon arrival they were signed up as QNet promoters and forced to recruit new victims.