companies @ BehindMLM

NWorld has received a regulatory cease and desist from the Philippine SEC.

A former IsaBody Challenge winner is suing Isagenix, alleging the company’s products are unsafe.

Dragon Global Finance might be being rebooted as EQT Bank. The transition appears to be a work in progress, with EQT Bank only providing login functionality at this time.

Earlier this month I explored whether Meta Bounty Hunters was an iBuumerang spinoff. I can now confirm it is. The Meta Bounty Hunters Ponzi scheme is being run by Holton Buggs and Travis Bott.

IX Inversors has received a securities fraud warning from Ecuador. As per the Superintendencia de Bancos’ January 13th warning, IX Inversors

Analysis of blockchain transactions has revealed CashFX Group owes $102 million in unpaid withdrawal requests. That amount is increasing by about $14 million a week. The reason behind CashFX Group’s never-ending withdrawal issues? The Ponzi scheme is only bringing in ~$5 million a week.

Intelligence Prime Capital withdrawals haven’t been paid for a week. One of the first signs a Ponzi is starting to collapse is withdrawal issues.

OneCoin co-founder Sebastian Greenwood has fired his attorneys on the eve of a pretrial conference. In a filing requesting permission to withdraw from the case, Greenwood’s former attorney claims he’s “facing extraordinary exposure”.

Satish Kumbhani has been indicted by a Grand Jury in San Diego. Kumbhani, an Indian national, is the founder of the notorious BitConnect Ponzi scheme.

Intelligence Prime Capital has received a second securities fraud warning from Canadian authorities. The latest warning was issued by the Ontario Securities Commission.