DOJ stays SEC’s Forsage securities fraud civil case
The DOJ has stayed SEC civil proceedings against Forsage executives and promoters.
Forsage @ BehindMLM
Default judgment granted against Forsage’s Mikhail Sergeev
Default judgment has been granted against Forsage executive Mikhail Sergeev. The SEC alleges Forsage is a $300+ million Ponzi scheme. Sergeev, a Russian national, worked as Forsage’s Development Director.
Lado Okhotnikov indicted for Forsage Ponzi wire fraud
Forsage founder Vladimir “Lado” Okhotnikov has been indicted for conspiracy to commit wire fraud.
Default judg. against Forsage’s Sergey Maslakov & Lola Ferrari
Default judgment has been granted against Forsage Ponzi scammers Sergey Maslakov and Lola Ferrari.
Ronald R. Deering settles Forsage Ponzi fraud with SEC
Ronald R. Deering has settled Forsage fraud allegations brought against him. Deering was the last of seven Forsage Ponzi promoters sued by the SEC back in August.
Carlos Martinez & Alisha Shepperd settle Forsage Ponzi fraud
Forsage promoter defendants Carlos Martinez and Alisha Shepperd have settled with the SEC.
Lado Okhotnikov finds lawyers for SEC v. Forsage
Vladimir “Lado” Okhotnikov has secured representation against the SEC. As a result, the previously entered Entry of Default has been “exited”.
Entry of Default recorded against Forsage scammers
An Entry of Default has been recorded against Forsage scammers Vladimir “Lado” Okhotnikov, Lola Ferrari and Sergey Maslakov.
SEC moves to serve Forsage founders via alternative service
The SEC has moved to serve three of Forsage’s four founders via alternative service. Vladimir “Lado” Okhotnikov, Lola Ferrari, Sergey Maslakov all reside overseas.
Cheri Beth Bowen settles Forsage fraud with SEC
Cheri Beth Bowen has settled a securities fraud lawsuit brought against her by the SEC. As alleged by the SEC, Bowen stole “at least” $303,000 through the Forsage Ponzi scheme.
