Profit Connect @ BehindMLM

Brent Kovar ordered to stop scamming while on pretrial release

Following the revelation that Brent Kovar launched another Ponzi while on release for Profit Connect fraud, a court has imposed additional restrictions. The DOJ had pushed for Kovar’s bail to be revoked, however the court stopped short of the request.


Profit Connect’s Brent Kovar runs new Ponzi while released

Profit Connect’s Brent Covar is running another recently launched Ponzi while out on pre-trial release.


Brent Kovar indicted on Profit Connect fraud charges

A Grand Jury has indicted Profit Connect founder Brent Carson Kovar. Kovar, a Nevada resident, was indicted on February 12th and arrested on February 13th.


Juan Caminero settles Profit Connect fraud for $10,500

Juan Caminero, aka John Caminero, has settled Profit Connect fraud with the Profit Connect Receiver. As per a January 22nd filed proposed settlement, Caminero will pay back $10,500.


Stephanie Wildes settles Profit Connect fraud for $90K

Stephanie Megan Wildes has settled with the Profit Connect Receiver for $90,000.


Profit Connect Receiver authorized to make interim distribution

The Profit Connect Receiver has received permission to make an interim distribution. On December 19th, 2024, the court approved pro rata distribution of $8 million in recovered funds to Profit Connect victims with a valid claim.


Citibank settles with Profit Connect Receiver for $65,000

Citibank has settled with the Profit Connect Receiver for $65,000.


Allianz settles with Profit Connect Receiver

Allianz Life Insurance has entered into a settlement with the Profit Connect Receiver. As per the terms of the settlement, Allianz will pay $125,250 to the Receivership, from which $2500 to four Profit Connect investors.


Troy Sutton settles Profit Connect fraud with Receiver

Following notice of a provisional settlement filed last November, Troy Sutton’s Profit Connect settlement has been approved.


Profit Connect victim claims procedure approved

Profit Connect victims will soon be able to file claims with the court-appointed Receivership. On June 13th, the Profit Connect Receiver’s proposed claims submission process received court approval.