Mirror Trading International @ BehindMLM

Brazilian authorities have arrested Mirror Trading International CEO Johann Steynberg. Steynberg was picked up Goiania on an international arrest warrant issued by Interpol.

In the absence of regulatory action, the Mirror Trading International liquidation process continues. The latest is a confusing series of events that saw victims claims universally rejected.

The hearing to decide official classify Mirror Trading International as a pyramid scheme has been delayed. What was a relatively straight-forward case, albeit slow-moving, has since devolved into a circus.

Mirror Trading International’s liquidators have confirmed the existence of a US investigation into Mirror Trading International. The news follows months of inaction by South African authorities.

Seven months after raiding Mirror Trading International’s South African offices, the FSCA has announced its intent fine the company. Oh my god just do it already…

Mirror Trading International’s liquidators have tracked down another 8000 bitcoin.

In the absence of regulatory action against the Mirror Trading International Ponzi scheme, civil liquidation proceedings continue. The latest update is a final liquidation order, granted June 30th.

If you get caught running a multi-million dollar Ponzi scheme in South Africa, all you have to do is claim it was “a club”. That’s the legal strategy being employed by Mirror Trading International owner Clynton Marks.

Belgium’s Financial Services and Markets Authority has issued securities fraud notices against EndoTech, CashFX Group and Mirror Trading International. As per the FSMA, EndoTech, CashFX Group and MTI are offering what they refer to as “expert advisors” schemes.

While South African authorities continue to twiddle their thumbs and do nothing, liquidation proceedings against Mirror Trading International’s ringleaders continues. The latest decision has seen provisional sequestration granted against Johann and Nerina Steynberg.