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FX Trading Corp investment fraud warning issued in Brazil

Brazilian authorities have issued a FX Trading Corp investment fraud warning.

BitConnect 2.0: A Ponzi for crypto’s most gullible morons

I feel like BitConnect 2.0 isn’t something I should have to even cover, but here we are. Up until its latest repurposing, the BitConnect 2.0 website domain was used to promote fraudulent Tron DAPP Ponzi schemes (Tron3D being the last I believe). On or around May 17th the domain was repurposed with a BitConnect 2.0 [Continue reading…]

Dennis Windsor’s Nerium lawsuit might be heading toward settlement

Dennis Windsor’s long-running lawsuit against Neora might be coming to an end, following representation to the court that a settlement is on the horizon.

Cloud Token to continue securities fraud with ASIC’s help

In a bid to continue to entice investment into their illegal unregistered securities investment scheme, Cloud Token has registered itself with the Australian Securities and Investments Commission (ASIC). Cloud Token has no physical business operations in Australia. Nor is Australia a significant source of investment revenue for the company (Alexa). Rather Cloud Token is run [Continue reading…]

AdvoCare to dump MLM opportunity after FTC talks

AdvoCare has announced that it is dumping it’s MLM opportunity. The decision was made following “confidential talks” with the FTC.

Zeek Rewards net-winner scammers’ Fourth Circuit appeal denied

In an announcement published earlier this month, the Zeek Rewards Receiver has provided some updates on final distribution payments.

Charles Scoville stalls again with second SCOTUS writ extenstion

A second writ deadline extension has given Charles Scoville another month to delay Traffic Monsoon proceedings with.

DasCoin Ponzi collapses, GreenPower fork scam revealed

The DasCoin Ponzi scheme has collapsed, prompting the company to shut down its website. Visitors to the DasCoin website are now presented with a hard fork message. After a hard fork of the DasCoin Blockchain on May 14, 2019, the existing network nodes have voted to support a new coin. DasCoin’s new scamcoin fork reboot [Continue reading…]

Todd Spencer settles Zhunrize fraud with Receiver

The last Zhunrize defendant holding out has settled with the Receiver. Todd Spencer was named as a clawback defendant in the Zhunrize Receiver’s $2.8 million Vodaware lawsuit. Through Vodaware, Spencer is believed to have received upwards of $350,000 in stolen Zhunrize investor funds.

OneCoin claims no Ponzi because IMAs scammed, not consumers

OneCoin has stopped defending its fraudulent business model. Instead, the company now claims it’s not a Ponzi pyramid scheme because only IMAs were scammed.