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The PlatinCoin Ponzi scheme has been rebooted as PlatinWorld. PlatinCoin was a Ponzi scheme launched in 2017 by Ponzi promoter turned founder, Alex Reinhardt. Reinhardt modeled PlatinCoin on the collapsed SwissCoin Ponzi, which he was a top net-winner in. That’s Reinhardt on the left, celebrating theft of €94,000 EUR from SwissCoin investors.

EvoRich founder and CEO Andrey Khovratov has been arrested in Russia. Authorities in Tagansky, a district in Moscow, have charged Khovratov with three counts of fraud.

Given the current global situation, some of you probably saw this coming a mile away: A reader sent in a recent livestream by Candace Byrd Davis. In it she’s promoting “Fuel Factor X”. None of this is really newsworthy on its own, but then a specific pitch from Davis caught my attention.

Paraiba has received a second securities fraud warning from Austria’s Financial Market Authority (FMA). The FMA is Austria’s top financial regulator (SEC equivalent).

BitPlam has received a pyramid fraud warning from Russia. Which is a bit odd, seeing a BitPlam is supposed to have collapsed last November.

Paraiba World has received a securities fraud warning from FINMA. FINMA is Switzerland’s stop financial regulator (SEC equivalent).

South Africa’s FSCA has issued a Gift of Legacy warning. The warning follows enquiries from the South African public. As per the FSCA’s March 23rd warning, which followed enquiries from the public, the regulator confirms Gift of Legacy isn’t committing securities fraud. This would be a violation of South Africa’s Financial Advisory and Intermediary Services.

Alexander Hernandez has announced IX Inversor’s collapse, claiming the company has gone into liquidation. The announcement was made earlier this week on Monday, on an official corporate webinar.

Edain has received a pyramid scheme fraud warning from the Central Bank of Russia. As per the CBR’s March 30th warning, Edain “exhibits signs of a financial pyramid”.

The FTC has been denied NetForce contempt sanctions against Jay Noland. The request for sanctions stems from Noland allegedly violating his NetForce injunction judgment.