companies @ BehindMLM

Auratus Gold has received a securities fraud warning from New Zealand. In its September 27th warning, the Financial Markets Authority (FMA) advises;

The GIG-OS Ponzi scheme appears to have collapsed twice since BehindMLM reviewed the scam in 2020. The first collapse appears to have happened circa 2022. GIG-OS’ original cycler Ponzi was run in euros. With the first collapse investor losses were transferred to GICO coin.

RT USDT fails to provide ownership or executive information on its website. RT USDT’s website domain (“rt-usdt.vip”), was registered with bogus details on September 9th, 2024. Of note is RT USDT’s website domain being registered through the Chinese registrar Alibaba (Singapore). RT USDT has already attracted the attention of financial regulators. The Central Bank of [Continue reading…]

In his own lawsuit against Pruvit and CEO Brian Underwood, Michael Rutherford has been denied injunctive relief. Two of Rutherford’s attorneys have also filed motions to withdraw, citing non-payment of accrued legal fees.

A September 13th scheduling order has set an SEC v. OnPassive trial date for April 6th, 2026. Note this is not a typo, the trial is scheduled eighteen months out from September, 2024.

The SEC has filed securities fraud charges against two Apex promoters. Anthony Lotito and Joseph Hagan stand accused of defrauding consumers through Apex, a collapsed passive returns investment scheme. In addition to Lotito and Hagan, both New Jersey residents, the SEC also names their respective companies; Revolution Leasing and Scryptmob II LLC.

Samsung Link fails to provide ownership or executive information on its website. Samsung Link’s website domain (“samsunglink.org”), was registered with bogus information on September 5th, 2024. Samsung Link has already attracted the attention of financial regulators. The Central Bank of Russia issued a Samsung Link pyramid fraud warning on September 17th, 2024. As always, if [Continue reading…]

Scandal surrounding a halted hyrdoelectric plant has seen Croatian journalists link the project to Sasa Svalina and brother-in-law Josip Heit. Heit is currently going through a refund settlement nightmare, following securities fraud allegations pertaining to a billion dollar “fraudulent investment scheme”. The latest out of Croatia is a September 22nd report from Dusan Miljus of [Continue reading…]

TeslaQuant fails to provide ownership or executive information on its website. TeslaQuant’s website domain (“teslaquant.com”), was registered with bogus details on September 4th, 2024. Of note is TeslaQuant’s website domain being registered through the Chinese registrar Alibaba (Singapore). TeslaQuant has already attracted the attention of financial regulators. The Central Bank of Russia issued a TeslaQuant [Continue reading…]

Following settlement of fraud charges related to operation of multiple MLM Ponzi schemes, monetary relief has been ordered against defendants Dan Putnam and Jean Paul Ramirez Rico.