companies @ BehindMLM

On July 27th the Securities Division informed the Arizona Corporation Commission that Jonathan Sifuentes Saucedo has agreed to a proposed Order to Cease and Desist, Order for Restitution, Order for Administrative Penalties and Consent to Same. In doing so, Sifuentes will settle My Trader Coin securities fraud charges brought against him.

On July 14th HyperOne revealed its new CEO… Boris Jonhson? Oh for fucks sake…

Following suspension of withdrawals and then withdrawal restrictions, HomesCNL has announced its CNL token exit-scam.

The FTC has been denied a preliminary injunction against Financial Education Services. The decision puts regulation of the suspected $467 million dollar pyramid scheme in jeopardy.

The Trust Miner reboot Ponzi has lost its website domain. Naturally, the reasoning management have come up with doesn’t hold up.

The FTC’s Success by Health and NetForce cases have been consolidated as per a July 26th order. A January 2023 trial date has also been scheduled.

After receiving notification of medical claims made by associates posted to its website, Root Wellness took the unusual position of denying responsibility. Fortunately, that’s not how MLM regulation works.

Following a dramatic drop in recruitment, Gift of Legacy appears to be collapsing from within. Admins are fighting, recruitment has collapsed and anybody who asks questions is having their account(s) seized.

Authorities in Venezuela have arrested Generation Zoe promoter César Julio Gómez López. Following an investigation by the Scientific, Criminal and Criminalistic Investigation Service Corps (CICPC), Lopez has been charged with fraud related to “false investments”.

Paraiba World has received a second securities fraud warning from Switzerland’s Financial Market Supervisory Authority (FINMA). FINMA’s first Paraiba World fraud warning was issued in March and targeted Paraiba World Switzerland. FINMA’s second warning pertains to the associated shell company Unique Private Bank LTD.