companies @ BehindMLM

Robert John McNulty, founder and CEO of the collapsed Tryp MLM company, was being hounded for securities fraud on his deathbed.

Ryan Evans is deleting evidence of his Elamant fraud. In the past week both Elamant’s website and YouTube channel have been deleted. Evan’s deletion of incriminating evidence falls on the eve of his showdown with the SEC in court.

YEM and the YEM Foundation have received a securities fraud warning from Austria. As per the Financial Market Authority’s 13th May warning;

GSPartners has received a securities fraud warning from Saskatchewan, Canada. As per the Financial and Consumer Affairs Authority’s June 1st investor alert;

QZ Asset Management has received a securities fraud warning from South Africa. The Financial Sector Conduct Authority (FSCA), claims it opened an investigation following complaints from consumers.

A disbarred lawyer has filed a case against the Norwegian government. At a ten day hearing that started on May 25th, Per Danielsen, of the firm Danielsen & Co. AS, is accused of working with OneCoin’s Ruja Ignatova.

The Central Bank of Sri Lanka has issued a warning on eight MLM pyramid schemes. Scams named in the Central Bank’s May 31st notice include:

QZ Asset Management has received a Ponzi fraud warning from the Philippines. As per the Philippine SEC’s May 30th advisory;

Fortescue fails to provide ownership or executive information on its website. This is because Fortescue has stolen the name and logo of Fortescue Metals Group, a mining company based out of Australia. Fortescue operates from the website domain “fortescue.cc”, registered with bogus details on May 10th, 2023. As to who’s running Fortescue, it’s likely a [Continue reading…]

Three QNet executives have been arrested on pyramid scheme fraud charges in Hyderabad, India. As reported by India Today on May 30th;