Saivian @ BehindMLM

Eric Dalius settles Saivian Ponzi securities fraud with SEC

Eric J. Dalius has reached a settlement with the SEC over Saivian securities fraud. The news follows the Saivian defendants reentering negotiations with the SEC back in June.

Eric J. Dalius & SEC re-enter Saivian settlement negotiations

As per a Joint Notice filed on June 2nd, the SEC and defendant Eric J. Dalius will return to mediation. With the Saivian fraud trial scheduled for September 2022, this would appear to be the last change for Dalius to settle and avoid potentially harsher penalties in court.

Eric J. Dalius’ Saivian fraud case fails mediation, heads to trial

Defendants Eric J. Dalius and Ryan Evans have failed to reach a settlement with the SEC. As a result, the Saivian Ponzi scheme fraud case will now head to trial.

Elamant Ponzi scheme rebooting as education platform

Elamant has been rebooted as an eDuCaTiOn PlAtFoRm. Underneath the marketing pitch is the same Ponzi scheme people have been losing money to since 2018.

Saivian SEC fraud case sent to mediation

It’s been seven months since our last Saivian update. The case has been progressing but up until now there hasn’t been any significant events. On May 3rd a joint motion was filed requesting a stay on the SEC’s Savian fraud case. The stated reason for the requested stay was mediation.

Saivian trial pushed back to Nov 2021 due to COVID-19 fears

The fear of contracting COVID-19 has seen the Savian fraud trial pushed back again. As per a motion filed on September 18th, defendant Eric Dalius’ attorneys cite concerns about their health.

SEC vs. Saivian trial scheduled for March 2021

As per an order made last month, the SEC vs. Saivian trial has been scheduled for March 30th, 2021 (not a typo).

Ryan Evans added to SEC’s Saivian Ponzi lawsuit

An filed amended complaint has added Ryan Morgan Evans to the SEC’s Saivian Ponzi lawsuit.

Kimberly Dalius dropped from Saivian Ponzi lawsuit

Pursuant to a stipulation between Eric Dalius and the SEC, Dalius’ wife Kimberly has been dropped as a relief defendant.

SEC sues Eric J. Dalius over Saivian Ponzi fraud ($165+ million)

Three years. If you’re wondering how long it might take the SEC to catch up with your multi-million dollar MLM Ponzi scheme… three years. Eric J. Dalius launched the Saivian Ponzi scheme in 2015. Likely due to his past indictment and conviction for wire and mail fraud, for the first year of Saivian’s operation Dalius [Continue reading…]