companies @ BehindMLM

Authorities in Gujarat have seized another 47.7 crore worth of assets tied to BitConnect (~$5.6 million).

Vortic United has received a securities fraud warning from the British Columbia Securities Commission (BCSC). As per BCSC’s October 7th, 2024 Vortic United warning;

Be Club has received a securities fraud warning from New Zealand’s Financial Markets Authority (FMA). As per the FMA’s October 8th, 2024 Be Club warning;

Coinplex fails to provide ownership or executive information on its websites. Coinplex has three known website domains: cplexpres.com – registered in August 2023, private registration last updated on July 13th, 2024 h5.coinplex.ai – registered with bogus details on unknown date coinplex.cc – registered with bogus details on September 23rd, 2024 Of note is Coinplex’s .CC [Continue reading…]

USI-Tech co-founder Horst Jicha has violated the terms of his release and gone on the run.

Mind Capital’s David Lee Kagel has been sentenced to five years probation. The former securities law attorney will also have to pay back $13.9 million in restitution.

Back in mid September BehindMLM received a cease and desist from Avi Perry, an attorney at Quinn Emanuel Urquhart & Sullivan (Quinn Emanuel), acting on behalf of GSB Gold Standard Corporation and owner Josip Heit. In a nutshell, Perry objected to BehindMLM’s ongoing reporting on GSB’s and Heit’s alleged securities fraud. While I did respond [Continue reading…]

TrageTech has received a securities fraud warning from the Texas State Securities Board (TSSB). TSSB’s October 10th enforcement order also cites promoter Eric Ture Muhammad, cited as a GSPartners and Billionico promoter.

Allianz Life Insurance has entered into a settlement with the Profit Connect Receiver. As per the terms of the settlement, Allianz will pay $125,250 to the Receivership, from which $2500 to four Profit Connect investors.

SDT Quant fails to provide ownership or executive information on its website. SDT Quant’s website domain (“sdtquantusdt.vip”), was registered with bogus details on September 19th, 2024. Of note is SDT Quant’s logo being an Adobe stock image: SDT Quant has already attracted the attention of financial regulators. The Central Bank of Russia issued a SDT [Continue reading…]