companies @ BehindMLM

Following notice of a provisional settlement filed last November, Troy Sutton’s Profit Connect settlement has been approved.

The collapsed VBit Technologies Ponzi scheme has received a desist and refrain order from California’s Department of Financial Protection and Innovation (DFPI). VBit Technologies associated companies cited by the DFPI in their January 31st order include:

On or around February 15th My Daily Choice pulled its website offline. The functioning website was replaced by a warning message, disclosing to consumers that My Daily Choice had suffered a data breach. Less than 48 hours later, the message was removed – leaving affected consumers vulnerable and in the dark.

Following an order to file a Status Report regarding victim distribution by February 16th, the Traffic Monsoon Receiver has done so. Today we’re covering two filings, a February 13th Motion for Approval of Proposed Plan of Distribution, and the February 16th filed Status Report.

HyperTech and associated Ponzi schemes have received a securities fraud warning from Alberta, Canada. The Alberta Securities Commission added HyperTech, HyperFund, HyperNation and Hyperverse to its Investment Caution List on February 7th.

Following the delayed commissions and then the disabling of Savings Highway Global’s website for almost a month, owner Steve Gresham is now threatening affiliates who talk about it with legal action.

Following almost two years of investigation, the Public Prosecutor’s Office in Villa Maria has announced a Generation Zoe criminal trial. The trial was announced on Wednesday the 14th, following charges against Generation Zoe founder Leonardo Cositorto and twenty-five additional defendants.

Mark Davis’ AladdinBot Ponzi scheme has collapsed. Davis is hiding from investors, withdrawals were disabled a few weeks ago and, at time of publication, AladdinBot’s website is no longer accessible.

When we last checked in on serial Ponzi scammer Jhony Depresseux a few years ago, things weren’t going so well. A reader advises Depresseux is still scamming victims, but these days he’s mostly doing it “in secret”.

The SEC has confirmed a federal investigation into the NovaTech FX Ponzi scheme. Following non-compliance of investigative subpoenas served on Dap Dunbar and Corrie Sampson, the SEC obtained a court order enforcing compliance.