Holton Buggs & Robert Collazo consent to Traders Domain injunctions
The Traders Domain defendants Holton Buggs and Robert Collazo have consented to preliminary injunctions.
OmegaPro @ BehindMLM
Seven SAEG Ponzi net-winners settle with Receiver
Seven SAEG Ponzi net-winners have settled with the court-appointed Receiver. As disclosed in the Receiver’s Sixth Report, filed on January 9th;
Holton Buggs shamelessly fighting Traders Domain injunction
Disgraced MLM veteran Holton Buggs is shamelessly challenging the CFTC’s request for a Traders Domain preliminary injunction. Buggs, who is alleged to have misappropriated millions of dollars through Traders Domain, is the only defendant challenging proceedings.
Marcus Brisco settles SAEG fraud with CFTC for $2 mill
Marcus Todd Brisco, a resident of Hawaii has settled SAEG fraud charges with the CFTC. SAEG was a Ponzi scheme tied to The Traders Domain, through which a number of MLM Ponzi schemes, among them OmegaPro, are believed to have been funneled into. Brisco, working with co-defendant Michael Shannon Sims, helped launder SAEG invested funds [Continue reading…]
CFTC to serve The Traders Domain defs via alt service
The CFTC has been given permission to serve several The Traders Domain defendants via alternate service.
CFTC publishes Traders Domain victim survey
The CFTC is reaching out directly to victims of The Traders Domain Ponzi scheme. The federal regulator published a “confidential customer survey” on November 14th, which it claims will “provide [the] CFTC with pertinent information on this case.”
Holton Buggs files to dissolve The Traders Domain Receivership
Holton Buggs has filed motions seeking dismissal of the case against him and dissolvement of a court-appointed Receiver.
The Traders Domain scammers consent to prelim injunctions
Several The Traders Domain scammers have consented to preliminary injunctions. Between October 22nd and 25th, the CFTC filed preliminary injunction consent orders pertaining to:
Marcus Brisco settles with SAEG Ponzi Receiver for $400K
Marcus Brisco has settled with the SAEG Ponzi Receiver for $400,000. The CFTC filed suit against Brisco in January 2023 over his participation in the collapsed SAEG Ponzi scheme. As part of the CFTC’s lawsuit, a Receiver was appointed to “recover assets for the benefit of [SAEG] victims”. On October 7th, a settlement between Brisco [Continue reading…]
CFTC files suit against The Traders Domain scammers
US authorities have finally taken action against The Traders Domain Ponzi scammers. On September 30th the CFTC filed suit against Traders Domain FX LTD and several additional corporate and individual defendants. While The Traders Domain itself wasn’t an MLM opportunity, the scam is of interest to BehindMLM due to several MLM Ponzis feeding into it. [Continue reading…]
