companies @ BehindMLM

Of the 300,000 investor accounts Mirror Trading International boasted, around 90% were just email addresses. That is to say, Mirror Trading International only had around 30,000 actual investors.

In a surprising development, Luxembourg’s government has confirmed it will not contest Frank Schneider’s extradition.

John Dalli is a former EU Commissioner for health. He’s also Malta’s former Minister of Finance and Economy. In what isn’t much of a surprise, Dalli is one of the faces promoting the QuickX Ponzi scheme.

Following guilty pleas by two of the fourteen OneCoin defendants in Argentina, the pair have been sentenced to prison. Adolfo Domínguez and Aldo Leguizamón will serve three years and six months and four years and three months respectively.

The Peace Ranch “click a button” Ponzi has collapsed. The collapse coincides with Peace Ranch’s website being pulled a few hours ago.

In 2021 CashFX Group solicited $432 million from gullible investors, just shy of half a billion. In 2022 that amount has dropped to $112 million. On a macro level that might sound salvageable… until you consider that for October 2022, CashFX Group took in less than a million dollars.

Leonardo Cositorto, founder of the collapsed Generation Zoe Ponzi scheme, is currently being held in an Argentinian prison on fraud charges. Doubling down on fraud, Cositorto has now launched All Us Education.

Joseph Cammarata has been found guilty in connection to a securities fraud scheme.

Trade Coin Club’s owner, Director and two US-based promoters have been sued by the SEC. Defendants Douver Torres Braga, Joff Paradise, Keleionalani Akana Taylor and Jonathan Tetreault, are alleged to have stolen almost $300 million from consumers.

Despite an endorsement from corrupt government officials, Ghana’s Attorney-General Godfred Dame has prevailed against QNet. In an only recently reported on July 2022 judgment, QNet has been ordered to get out of Ghana.