companies @ BehindMLM

EXW Ponzi founder Benjamin Herzog has been sentenced to five years in prison. Herzog and nine EXW Ponzi co-defendants were sentenced on Wednesday by Klagenfurt Regional Court.

What’s left of Corsair Group has rallied around a recently signed agreement with Shell. As outlined on Shell’s website; September 2024 In Europe, Shell and Corsair sign supply agreement for pyrolysis oil from post-consumer plastic waste produced at Corsair’s chemical recycling facility in Jämsä, Finland. Shell will process the pyrolysis oil at its Chemicals Park in Moerdijk. And [Continue reading…]

Auratus Gold has launched its third unregistered securities offering; “Storage Boxes” built around its TGP token. TGP, or Tas Gold Points, is scheduled to be dumped on the BitexLive exchange in November. BitexLive is owned by Josip Heit’s longtime business partner Leon Filipovic.

Google has secured an injunction against the scammers behind OTCAI and other “click a button” Ponzi apps. Google filed suit against Yunfeng Sun, aka Alphonse Sun and Hongnam Cheung, aka Zhang Hongnim and Stanford Fischer, on April 4th. In its suit, which pushed RICO fraud charges, Google alleged Sun and Cheung had

Thai authorities have made multiple arrests and seizures pertaining to The iCon Group. The iCon Group is an MLM company marketed across Thailand in Thai. Products detailed on The Icon Group’s website, which is still active, reveal a typical nutritional supplement offering.

Dial A Mula and associated companies have received a securities fraud warning from South Africa’s Financial Sector Conduct Authority (FSCA).

Melaleuca has filed suit against Vital Health alleging cross-recruitment. For those not familiar with the term, cross-recruitment refers to recruitment of distributors in alleged violation of distributor contracts. It typically occurs when a prominent promoter of one MLM company leaves for another company. Inevitably recruitment of their former company downline commences. This occasionally prompts legal [Continue reading…]

Jumeirah VIP fails to provide ownership or executive information on its website. Jumeirah VIP’s website domain (“jumeira.vip”), was privately registered on September 4th, 2024. Jumeirah VIP has already attracted the attention of financial regulators. The Central Bank of Russia issued a Jumeirah VIP pyramid fraud warning on October 9th, 2024. As always, if an MLM [Continue reading…]

The Generation Zoe Ponzi trial has kicked off in Argentina. Commencing October 16th and expected to run till December 11th, the mammoth trial will determine the future of owner Leonardo Cositorto. Cositorto, appearing in a bulletproof vest alongside co-conspirator Maximiliano Batista, is on trial for criminal association and fraud.

Marcus Brisco has settled with the SAEG Ponzi Receiver for $400,000. The CFTC filed suit against Brisco in January 2023 over his participation in the collapsed SAEG Ponzi scheme. As part of the CFTC’s lawsuit, a Receiver was appointed to “recover assets for the benefit of [SAEG] victims”. On October 7th, a settlement between Brisco [Continue reading…]