companies @ BehindMLM

Investview’s former accounts have been fined $400,000 for filing dodgy audits with the SEC. One individual accountant has also been fined $65,000 and barred from being associated with a registered public accounting firm.

E-Tik, aka E-TTiktok and E-Tiktok, fails to provide ownership or executive information on its website. At time of publication, E-Tik has two known website domains: e-etiktok.com – privately registered on November 17th, 2023 e-ttiktok.com – privately registered on November 17th, 2023 As always, if an MLM company is not openly upfront about who is running [Continue reading…]

OneCoin money launderer Mark Scott, 55, has been sentenced to ten years in prison.

INT Football fails to provide ownership or executive information on its website. INT Football’s website domain (“int-football.com”), was privately registered on December 22nd, 2023. As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

The Streakk Ponzi scheme has rebranded as Earn World. Earn World has been set up on a single-page website on the domain “earn.world”, first registered in 2017. The private registration was last updated on May 24th, 2023, which is likely around the time Streakk acquired it. This coincides with the collapse of Streakk’s STKK token.

GSPartners (aka GSPro), owner Josip Heit and promoter Michael Lynn “El” Dalcoe have been fined $500,000. The fine was handed down as part of an emergency cease and desist, issued by Georgia’s Commissioner of Securities on January 22nd, 2024.

New Zealand authorities have seized a house and $462,000 in cash. The assets are believed to belong to OneCoin fugitive Frank Schneider.

EvoRich Ponzi founder Andrey Khovratov has been sentenced to five years in prison. Prosecutors had asked the court for a six year sentence. Following his arrest attempting to flee Russia in early 2022, Khovratov was charged with five counts of participating in fraud via organized crime.

US national Jeremy Reynolds has emerged at the center of LGreen’s recovery scam. Following LGreen’s collapse last week, the Ponzi scheme is now plying investors up for a recovery scam. At the center of this scam within a scam is the promise of access to withdrawals again, for a fee.

iComTech promoter Marco Ruiz Ochoa has been sentenced to five years in prison. As per Ochoa’s January 19th judgment, in addition to his prison sentence he’s up for $914,000 in forfeiture and “any and all property” connected to iComTech. Further restitution has been deferred till April 3rd, 2024.