companies @ BehindMLM

Bulgarian authorities have raided the offices of the Nexo crypto Ponzi scheme. That itself is just another day in crypto but authorities are apparently alleging Nexo’s founders had ties to OneCoin.

800 victims of the BitConnect Ponzi scheme are set to receive a share in $17 million recovered through restitution.

Nimbus Platform’s already twice collapsed Ponzi scheme has collapsed again. In an immediate reboot has launched, complete with a third Ponzi shit token. Annual ROI rates have been slashed and there’s also a new SYNTA token scam launch.

When GSPartners unveiled its “metaverse certificates” Ponzi scheme last May, BDSwiss was presented as a trading partner. So the ruse went, BDSwiss was trading invested funds so that GSPartners could pay out up to 480% annually. Now, roughly eight months into the purported arrangement, BDSwiss deny any partnership existed.

Following the collapse of its original WEWEX Ponzi scheme in mid 2021, WeWe Global launched LyoFI and LyoPay in late 2021. Attached to LyoFI and LyoPay was LYO, a token used to run a new 300% ROI Ponzi scheme. As of January 2023, here’s how LYO token is going: As LYO Ponzi dumps towards $0, [Continue reading…]

Former Investview CEO Joseph Cammarata is having ongoing financial difficulties with his lawyers. The court previously approved $2 million in legal fees be carved out of an asset freeze. Cammarata claims those funds were exhausted prior to his first criminal trial.

Three defendants accused of leaking confidential information have settled with Paparazzi. If approved, the settlement will see Melissa Sorenson, Kylee Robinette and Jennifer Dyer consent to a permanent injunction.

Faraday Hosseinipour has been sentenced to 2.5 years in prison. Hosseinipour’s January 5th sentencing follows her mail and securities fraud conviction last September.

The GoldenWay Ponzi scheme has collapsed. As per a January 6th communication sent out to investors, withdrawals have been “suspended” for four months.

Following the collapse of PlatinWorld in November, owner Alex Reinhardt has rebooted the Ponzi scheme with a “new” PLCU token.