GSPartners fraud settlement website goes live
Following a settlement reached with US states earlier this month, AlixPartners has set up a website to process victim claims.
companies @ BehindMLM
SEC seeks $731K from Michael Noble in BitConnect disgorgement
While BitConnect promoter Michael Noble settled the SEC’s fraud allegations against him in 2021, disgorgement, interest and civil penalty amounts remain disputed. Seeking to finalize these amounts, the SEC filed a motion seeking monetary relief against Noble on September 16th.
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.
SEC reveals $6.1 mill Craig Grant & Trevon James judgments
Following certificates of default entered against Craig Grant and Trevon James in late August, the SEC has filed proposed orders against the BitConnect Ponzi promoters.
Ponkey LuLaRoe class-action dismissed for 2nd time
Jessica Ponkey’s proposed LuLaRoe class-action has been dismissed for a second time, this time with prejudice.
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.
TOST Review: Quantitative trading “click a button” Ponzi
TOST fails to provide ownership or executive information on its website. TOST operates from five known website domains: tostq.com – privately registered on December 23rd, 2023 (primary website) tostadon.com – first registered in 2020, private registration last updated on June 21st, 2024 (app funnel) ntost.com – first registered in 2004, private registration last updated on [Continue reading…]
Tupperware files for Chapter 11 bankruptcy
Following a Bloomberg report on early Tuesday, September 17th that a bankruptcy filing was pending, Tupperware filed for Chapter 11 bankruptcy later the same day.
Charles Garis settles Blueprint to Wealth fraud with FTC
Charles Joseph Garis Jr. has settled Blueprint to Wealth fraud charges with the FTC. As part of his filed September 13th settlement, Garis Jr. consented to a $567,313 monetary judgment. Based on sworn financial statements provided to the FTC by Garis Jr., the parties have agreed to a reduced $100,000 suspended judgment.
iX Global’s Viraj Patil released, immediately arrested again
iX Global scammer Viraj Patil managed to convince a Judge in Kolkata to grant him interim bail. Upon release, Nagpur’s Economic Offenses Wing immediately arrested Patil and threw him back in prison.
