OmegaPro’s Andreas Szakacs arrested in Turkey
Andreas Szakacs, co-founder of the OmegaPro Ponzi scheme, appears to have been arrested in Turkey.
OmegaPro @ BehindMLM
SAEG Receiver accepts 211 claims totalling $57.7 million
The SAEG Receiver has accepted 211 victim claims totalling $57,715,542. Of the accepted claims, 160 were for the amount submitted. 51 claims have been accepted with a reduced claim amount totalling $13.2 million.
Nigerian OmegaPro victims name and shame recruiters
A group of OmegaPro victims has named and shamed some of the countries top recruiters. Nigerian OmegaPro losses are believed to be around $120 million, mostly stolen from “widows, retirees, high-net-worth individuals, big business people, and even young people just starting in life”. Top OmegaPro recruiters in Nigeria meanwhile are buying multi-million dollar property portfolios, [Continue reading…]
OmegaPro co-founder Mike Sims distances himself from Ponzi
In the wake of the OmegaPro Ponzi collapsing, co-founder Mike Sims is attempting to distance himself from the scam. In recently recorded footage, directed at OmegaPro victims, Sims claims he’s “working right now … to find out what is going on with the company”. Following on from his involvement in the SAEG Capital and Traders [Continue reading…]
Mike Sims lies about CFTC fraud charges, deceives victims
In undated video footage that appears to be directed to OmegaPro victims, Michael Shannon Simms, has bizarrely denied the CFTC has filed fraud charges against him. Sims, aka Mike Sims, is also appealing to OmegaPro victims to send him potentially incriminating evidence.
SAEG Ponzi scheme & Ted Safranko cop $3.8 mill judgment
The CFTC has secured default judgment against SAEG Capital General Management and Fredirick Safranko. Following Entry of Defaults recorded against both SAEG and Safranko, default judgment was ordered on September 5th.
Mike Sims is butthurt his assets are being seized
Following our report yesterday on OmegaPro scammer Mike Sims’ assets being seized, a BehindMLM reader reached out to him about it. Understandably, Sims is a little upset.
SAEG Receiver seizing Mike Sims’ assets
Following an asset deposition of Mike Sims back in May, the SAEG Receiver has begun seizing assets tied to fraud.
Eric Worre sweeps millions in Ponzi fraud under the rug
Eric Worre has been in the spotlight of late for recruiting people into Traders Domain, a half billion dollar Ponzi scheme. This followed Worre signing on with OmegaPro corporate and publicly endorsing the Ponzi scheme, which was tied to Traders Domain. Both OmegaPro and The Traders Domain collapsed in late 2022. Earlier today, Worre uploaded [Continue reading…]
Traders Domain top MLM recruiters named & shamed
Traders Domain was a Ponzi scheme run by Canadian national Ted Safranko. An estimated $500 million is believed to have passed through Traders Domain in crypto alone. ROI liabilities at the time of Traders Domain’s collapse in late 2022 have been pegged at around $3.3 billion. While Traders Domain itself wasn’t an MLM Ponzi scheme, [Continue reading…]
