HyperFund @ BehindMLM

3FO Review: Shavez Anwar’s AI ruse Ponzi scheme

3FO operates in the MLM cryptocurrency niche. The company operates from the domain “3fo.ai”, privately registered on June 25th, 2025. 3FO is based out of Dubai and headed up by serial fraudster Shavez Ahmed Siddiqui, aka Shavez Anwar. Anwar (right) was a central figure in Sam Lee’s collapsed HyperFund Ponzi scheme. After HyperFund collapsed, Lee and [Continue reading…]


Lisa Boisselle ordered to cease securities fraud in AZ

On January 6th, 2021, Lisa Anne Boisselle joined a group of insurrectionists and stormed the US Capitol. A month later Boisselle began defrauding consumers through promotion of MLM crypto Ponzi schemes. Despite mounting losses for her victims, as of 2025 Boisselle is still allegedly promoting scams. Now, the Arizona Corporation Commission has ordered Boisselle to [Continue reading…]


NASAA urges fed gov not to weaken state securities regulators

The North American Securities Administrators Association (NASAA), has urged the US House Committee on Financial Services not to weaken state securities regulators. Several MLM related fraud cases, initiated by state regulators in the US, are cited in support. NASAA is made up of US state regulators, as well as their equivalents in the District of [Continue reading…]


Shavez Anwar takes down DeHek, threatens Bloomberg & BehindMLM

Serial fraudster Shavez Ahmed Siddiqui, aka Shavez Anwar, has managed to get WP Engine to disable access to Danny de Hek’s website. Siddiqui, or someone pretending to be and/or representing him, is also threatening BehindMLM. Common between de Hek and BehindMLM, with respect to Siddiqui, is both have been researching and reporting on Siddiqui’s fraud [Continue reading…]


Lquid Finance & LquidPay fraud warning from Australia

Lquid Finance, dba LquidPay, has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC). As per ASIC’s June 6th Lquid Finance and LquidPay warning;


Lquid Finance (LquidPay) fraud warning from New Zealand

Lquid Finance, dba LquidPay, has received a fraud warning from New Zealand’s Financial Markets Authority (FMA). As per the FMA’s May 2nd, 2025 Lquid Pay warning;


Satoshi Square Table Review: Sam Lee resurrects HyperFund

Satoshi Square Table operates in the MLM cryptocurrency niche. Satoshi Stable’s website domain (“satoshistable.com”), was privately registered on December 6th, 2024. Serial fraudster Sam Lee is cited as Satoshi Square Table’s CEO. Xue Samuel Lee is a wanted fugitive hiding in Dubai. With partner-in-crime Ryan Xu, Lee launched HyperCash, HyperCapital, HyperFund and Hyperverse – all Ponzi schemes in which [Continue reading…]


StableDAO’s Nicholas Hofgren banned for fraud in Guernsey

StableDAO board member Nicholas Hofgren, aka Nick Hofgren, has been banned from holding executive positions in Guernsey. Specifically and for a period of fourteen years, in November 2022 the Guernsey Financial Services Commission prohibited Hofgren


Sam Lee detained in Dubai on Interpol arrest warrant

Sam Lee, aka Xue Samuel Lee, has been detained at Dubai’s Al Aweer Central Prison. During his ongoing detainment, the SEC managed to serve Lee their civil HyperFund fraud lawsuit. As per November 5th filings from the SEC, Lee refused personal service at the prison but was considered served under US law.


StableDAO scammer begs for help to return to US

StableDAO Ponzi factory executive Garret Blakeslee is begging for help to leave Dubai and return the US.