SEC granted permission to serve Pires & Goncalves via email
The SEC has been granted permission to serve EmpiresX fugitives Emerson Pires and Flavio Goncalves via email.
companies @ BehindMLM
Crowd1 corporate raid and arrests in Sweden
Swedish authorities raided Crowd1’s corporate offices last November. The previously unreported news was disclosed in a recent episode of Svenska Dagbladet’s paywalled Blenda podcast.
NovaTech FX to string victims along for “several more months”
The collapsed NovaTech FX Ponzi scheme looks set to drag its exit-scam on for the foreseeable future. With a previously set April 1st deadline approaching to provide access to invested funds, Cynthia Petion has now confirmed excuses will continue for “several more months”.
Oscar Garcia providing payment processing to NextGen Ponzi
You were sued by the SEC for securities fraud in 2021. You just recently found the SEC is investigating you again for securities fraud. Your Ponzi scheme has collapsed, you found out your partners in crime secretly used your company to launder millions for another Ponzi scheme, and you’re also in the middle of a [Continue reading…]
Be investment fraud warning from Norway’s finance regulator
The Financial Supervision Authority of Norway (Finanstilsynet), has issued an investment fraud warning against Be. As per Finanstilsynet’s March 23rd warning;
Piccolo v. Vista Network civil lawsuit confidentially settled
An ongoing legal dispute between Ponzi scammers Armen Temurian and Phillip Piccolo has been settled. As per a March 24th filing;
Premier Financial Alliance settles pyramid scheme class-action
Premier Financial Alliance has reached a settlement in a pending class-action filed against it.
Maxpread Technologies pyramid fraud warning from Russia
Maxpread Technologies has received a pyramid fraud warning from Russia. As per the Central Bank of Russia’s March 24th warning, Maxpread Technologies shows “signs of a financial pyramid” scheme.
$847K judgment against Generation Zoe scammers in US
Generation Zoe scammers in Florida have been hit with an $847,159 judgment. The judgment was issued earlier this month by a state-level Dade County Court. Following collapse of the Generation Zoe Ponzi in early 2022, sixteen plaintiff victims from Florida, Spain, Chile and Colombia filed a case against their recruiters. Named defendants in the civil [Continue reading…]
QZ Asset Management using NASDAQ listing to promote Ponzi
QZ Asset Management is using NASDAQ as a marketing tool. The Hong Kong based Ponzi scheme also claims it has raised $100 million from the private selling of shares.
