companies @ BehindMLM

Yas Casetellum’s Tin Quoc Tran is on the run after learning of a pending CFTC action against him. Notwithstanding, the regulator believes Tran is aware of the lawsuit and has requested permission to proceed anyway.

The Supreme Court of Australia has ordered assets belonging to or under the control of Laurie Suarez be frozen. The order permits a dollar amount of up to $555,174,472 to be frozen. This figure was reached based on investor claims against Suarez.

Less than two months in Sam Lee’s VidiLook Ponzi has slashed returns by 40%. Through what is being dubbed a “VDL Coin Doubling Plan”, VidiLook has locked existing VDL Coin balances – effectively preventing affiliates from cashing out.

Maverick The Collection has announced the closure of their MLM operations. Founder Stephanie Jonas dropped the news on an April 17th Maverick the Collection FaceBook post.

Organo’s mushroom coffee is being promoted as a cure-all for multiple diseases. These include cancer, cardiovascular disease, diabetes and “most chronic diseases”.

As limited withdrawals continue to back up, weekly returns drop to a fraction of a percentage and regulators close in, Cynthia Petion is leaning more heavily into NovaTech FX’s religious undertones. Petion, who stylizes herself as NovaTech FX’s “Reverend CEO”, is now threatening to “rain down on” investors “greater than the wrath of God”.

NovaTech FX has received a securities fraud cease and desist from Wisconsin’s Department of Financial Institutions. DFI’s notice details allegations of fraud, and includes proposed restitution and civil penalty orders.

Scammers behind the Trade Coin Club Ponzi scheme are evading service by the SEC. In an April 6th Status Report, the regulator detailed efforts to serve Keleionalani Taylor, Douver Braga and Joff Paradise.

Eyebrows were raised when California issued a Metafi Yielders securities fraud warning, four months after the Ponzi scheme collapsed. Now Canada has done them one better, issuing its own Metafi Yielders securities fraud warning eleven months later.

Chinese USFIA investors have until April 30th to make sure their payment details are correct. Failing which, sometime after May 30th their USFIA victim claims will be rendered invalid.