companies @ BehindMLM

John DeMarr pleads guilty to Bitcoiin fraud charge

After pleading not guilty to four counts of Bitcoiin related fraud in April, a few days ago DeMarr entered a change of plea.

Global Investment Trading fraud warning from Quebec, Canada

Global Investment Trading (dba Liyeplimal), has received a fraud warning from Quebec’s Autorite Des Marches Financiers.

Kovars not putting up a fight in SEC’s Profit Connect case

Defendants Brent Carson Kovar and Joy Irene Kovar stand accused of running Profit Connect, which the SEC alleges was a $12 million dollar Ponzi scheme. Recent filings suggest the Kovars don’t intend to put up a fight.

Global Trading Club scammers settle CFTC fraud charges

The CFTC has approved settlements with three of four Global Trading Club scammers. The Global Trading Club settlements were presented to the court on July 27th as consent orders.

Kirill Doronin facing ten years in prison over Finiko fraud

Following his arrest last Friday, details of Kirill Doronin’s criminal charges have been revealed. Russian authorities have charged Doronin ‘under Part 4 of Article 159 of the Criminal Code (fraud by a group of persons or on an especially large scale)’. If convicted, Doronin faces a maximum ten year prison sentence.

Argentinian OneCoin arrests climb to fourteen (4 new)

As part of the ongoing Argentinian investigation into OneCoin, prosecutors in Cordoba have approved the arrest of four additional suspects. Rodrigo Domínguez, Aldo Leguizamón and two other people stand accused of defrauding clients through the OneCoin Ponzi scheme.

PGI Global reboot: RV Palafox on the run from US authorities?

Following PGI Global’s collapse winding up in late June, Ramil Ventura Palafox (aka RV Palafox) has announced a reboot Ponzi scheme. Strangely enough, Palafox won’t be running PGI Global 2.0.

HyperFund Compliance Officer Hope Hill outed as Ronae Jull

Ten years ago Ronae Jull was marketing herself as the “Hope Coach”. As the Hope Coach, Jull stated in 2011 that she would like to be remembered as a person with passion for joyful living that managed to successfully reach out to hurting people and helped to bring them hope and healing. Ten years later [Continue reading…]

Eric J. Dalius’ Saivian fraud case fails mediation, heads to trial

Defendants Eric J. Dalius and Ryan Evans have failed to reach a settlement with the SEC. As a result, the Saivian Ponzi scheme fraud case will now head to trial.

Finiko founder Kirill Doronin arrested by Russian authorities

Russian authorities have arrested Finiko founder Kirill Doronin. According to Russian media reports, Doronin was picked up and detained in Kazan, Tartarstan.