companies @ BehindMLM

The SEC is hunting down John Barksdale to serve him a copy of their $124 million civil lawsuit. In addition to the SEC’s civil action, Barksdale (right) has been indicted on Ormeus Global related charges.

Two Crowd1 promoters in India’s south-west have been arrested. Authorities in Kerala allege suspects “Joshy” and “Berson” stole over ten million rupees (~$130,000 USD).

CBI Global has received a securities fraud warning from South Africa’s Financial Sector Conduct Authority.

BeOnWise has received a pyramid fraud warning from the Central Bank of Russia. As per the CBR’s April 25th warning, BeOnWise exhibits “signs of a financial pyramid”.

BaFin has finalized its cease and desist order against Karatbars International.

PetronPay, or what’s left of it, has been added to the SEC’s PAUSE list. The PAUSE list is maintained by the SEC and lists entities that falsely claim to be registered, licensed, and/or located in the United States in their solicitation of investors. PetronPay launched in 2020 as a 300% “oil barrels” themed Ponzi scheme.

Rather than just slink away with what they’ve stolen, Intelligence Prime Capital is priming investors for another round of losses. The forex trading ruse has run its course. So now Intelligence Prime Capital is an MLM crypto Ponzi.

GSPartners’ US event was supposed to broadcast to the world that it and owner Josip Heit were above the law. That securities regulation, wire fraud and money laundering laws didn’t apply to them. But instead of travelling to the US and making a grand entrance, Heit wimped out virtually from the safety of Dubai.

The USFIA Receiver intends to file an Amended Distribution Plan (ADP). The ADP intends to deal with the IRS roadblock, currently holding up approved victim distribution payments.

Both the SEC and defendant Daniel Pacheco have had their motions for summary judgment denied. Both parties sought to get the upper hand via the filings, made in July 2021.