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:
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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…]
OmegaPro victims turn on Abdul Ghaffar Mohaghegh
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…]
Francisco Story settles SAEG fraud charges for $125,000
Francisco Story has settled SAEG Ponzi charges with the CFTC for $125,000. The CFTC filed suit against Story in January 2023 over his participation in the collapsed SAEG Ponzi scheme.
Mike Sims settles SAEG fraud charges for $250,000
Michael Shannon Sims, aka Mike Sims, has settled SAEG Ponzi charges with the CFTC for $250,000.
OmegaPro’s Robert Velghe arrested in Turkey
Turkish authorities have arrested a second OmegaPro executive. Robert Velghe was arrested in Istanbul on Tuesday, September 3rd.
The Traders Domain securities fraud warning from QC, Canada
The Traders Domain has received a securities fraud warning from Quebec, Canada. As per the Autorite des Marches Financiers’ August 21st warning;
Jas Mathur sues Travis Bott over Traders Domain Ponzi losses
Jas Mathur has sued Travis Bott and Richard Jason Bott over reported Traders Domain Ponzi losses.
The Traders Domain Ponzi MLM investor master list
About a year ago BehindMLM published a list of the top MLM industry figures in the Traders Domain Ponzi scheme. The data was based of records obtained by Coffeezilla… …and featured well-known MLM industry figures such as Holton Buggs and wife Earlene Buggs, Mike Sims, Stormy Wellington, Eric Worre and wife Marina Worre and Jack [Continue reading…]
