companies @ BehindMLM

Investview settles iGenius fraud with Ontario & Quebec

Investview has settled iGenius securities fraud related allegations with Ontario and Quebec.


iGenius loses $1.87 million to credit card processor

iGenius, owned by SEC-registered Investview, has filed suit against an undisclosed credit card processor. As disclosed in Investview’s 2024 10-K Annual Report, filed with the SEC on March 28th, 2025;


Bellator rolls out “Cha-ching by Iterato” Ponzi app

Bellator’s latest attempt to hide its investment fraud is an app it’s calling “Cha-ching by Iterato“. Bellator refers to its app as a “profit virus”. From the July 6th video description;


LSSC securities fraud warning from Canada (QC)

LSSC, or Lightning Scooter Shared Company, has received a securities fraud warning from Quebec’s Autorite des Marches Financiers (AMF). As per AMF’s July 4th LSSC fraud warning;


Homnifi securities fraud warning from Australia

Homnifi has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC). ASIC added Homnifi to its Investor Alert List on June 30th, 2025.


LSSC securities fraud warning from Canada (SK)

LSSC, or Lightning Scooter Shared Company, has received a securities fraud warning from Saskatchewan’s Financial and Consumer Affairs Authority (FCAA).


Cryptex fraud warning from Germany

Cryptex has received a fraud warning from Germany’s Federal Financial Supervisory Authority (BaFin). As per BaFin’s July 4th Cryptex warning;


Andreas Kartrud sentenced to six years in prison

Serial fraudster Andreas Kartrud has been sentenced to six years in prison. Norwegian authorities arrested Kartrud in late 2024. Kartrud, who holds dual Norwegian and Swedish citizenship, was then promptly extradited to Sweden.


Alex Morton consents to Iyovia preliminary injunction

Former top Iyovia promoter Alex Morton has consented to a preliminary injunction. Morton, one of nine defendants sued by the FTC and State of Nevada in May, stands accused of misappropriating over $76 million through Iyovia (formerly iMarketsLive and IM Mastery Academy).


OmegaPro’s Mike Sims & Carlos Reynoso arrested

OmegaPro’s Michael Shannon Sims and Juan Carlos Reynoso have been arrested.