OmegaPro @ BehindMLM

CFTC to serve The Traders Domain defs via alt service

Nov.27, 2024 in OmegaPro, regulation 5 Comments

The CFTC has been given permission to serve several The Traders Domain defendants via alternate service.

CFTC publishes Traders Domain victim survey

Nov.23, 2024 in OmegaPro, regulation 2 Comments

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

Nov.13, 2024 in OmegaPro, regulation 8 Comments

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

Oct.30, 2024 in companies, OmegaPro, regulation 7 Comments

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

Oct.19, 2024 in OmegaPro, regulation Leave a Comment

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

Oct.14, 2024 in companies, OmegaPro, regulation 28 Comments

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…]

OmegaPro victims turn on Abdul Ghaffar Mohaghegh

Oct.07, 2024 in OmegaPro 7 Comments

When news of OmegaPro co-founder Andreas Szakacs’ arrest broke in August, Abdul Ghaffar Mohaghegh was credited with tipping off Turkish authorities. The investigation leading to Szakacs’s arrest began with a tip-off on June 28, when an anonymous informant reported to the Istanbul Provincial Gendarmerie Command that Avcı was residing at a location in Acarkent, Istanbul, under [Continue reading…]