Articles under ‘regulation’:

Mark Scott wants to hide OneCoin evidence from grand jury

On February 8th Mark Scott was served a grand jury subpoena, requesting “a wide variety of documents” related to OneCoin. Whatever evidence is in those documents, Mark Scott doesn’t want a grand jury seeing them.

Nui fined $25,000 for securities fraud in Texas

The state of Texas has slapped Nui with a $25,000 securities fraud fine. The company has also agreed to cease offering unregistered securities to Texas residents.

Joseph Tran arrested in Sweden (Nano Club, Ormeus, EmGoldex)

According to local news reports, serial-scammer Joseph Tran has been arrested by Swedish authorities. Tran’s arrest is believed to be in connection with his promotion and participation in a number of fraudulent MLM companies.

FBI seeking out BitConnect victims

Lost money in BitConnect? Want to get back at Glenn Arcaro, Craig Grant, Trevon James, Crypto Nick, Ryan Hildreth and the rest of the BitConnect gang? Now’s your chance…

Scoville wants to take Traffic Monsoon appeal to the Supreme Court

Having been destroyed in two lower courts, Charles Scoville now wants to take his Traffic Monsoon Ponzi fight to the Supreme Court. Yeah, not kidding. This is happening…

Trudy Gilmond receives securities ban from SEC

The SEC’s interest in pursuing Trudy Gilmond has come to an end, following acceptance of a tendered settlement offer.

Extended USFIA claim deadline results in low quality claims

Despite the best intentions behind extending the USFIA victim claim deadline, unfortunately it appears to have been mostly a waste of time and money. In light of the extension, the USFIA Receiver reports he’s received “low quality claims” that will be “time-consuming” to sort through.

Sloan’s TelexFree trial delayed again due to attorney hospitalization

Faith Sloan’s TelexFree trial looks set to be delayed for a second time. The first delay occurred due to President Trump’s government shutdown. Now a second delay looks likely due to Sloan’s attorney being hospitalized for medical complications.

Eight TelexFree condos recovered from Carlos & Priscilla Costa

As per an agreed settlement, Carlos Costa and his wife are set to surrender eight condominiums to the TelexFree Trustee.

Default entered against Matt Lloyd and MOBE related entities

Following a Motion for entry of clerk’s default by the FTC on February 1st, default has been entered against Matt Lloyd, MOBE and several MOBE related entities.