uFun Club @ BehindMLM

uFun scammers in Samoa found guilty of all charges

After roughly two months of deliberation, a verdict in the Samoan uFun Club criminal trial has been reached. On December 24th sometime in the morning, Chief Justice Patū found Nicholas Giannos and Rosita Stanfield guilty on all counts.

uMatrin record $2.3 million dollars in losses

Founded by uFun Club scammers Warren Eu and Liew Kok Hong, uMatrin sought to replicate uFun Club’s Ponzi model through “bizpoints”. What with Thailand shutting down uFun Club though, uMatrin never really took off. Now in 10-Q form filed with the SEC, uMatrin reveal the extent of their financial losses to date.

uFun Club case final submissions due next week (Samoa)

Following another day of grilling Nicolas Giannos, the Samoan uFun Club fraud case inches closer to a conclusion. Next week will see final submissions from both the prosecution and defense, with Chief Justice Patu expected to make a ruling thereafter.

uFun scammer claims invested funds are his (Samoa)

Is there a better way to defend yourself in court by explaining exactly how you fleeced investors out of $126,000? Probably. But for Nicholas Giannos, he decided to defend himself by declaring in court that funds invested with him were “his money”.

Judge rejects “no case to answer” motion in uFun Club case

Flimsy legal defences such as “personal development pyramid schemes should be legal” might sound laughable, but there’s always a chance a Judge somewhere might permit it. Thankfully, Chief Justice Patu isn’t one of those Judges.

Prosecution’s closing in Samoa uFun Club case

Following the logic fail of defense attorney Leota Schuster, who argued that pyramid schemes should be legalized, now comes the prosecution’s closing arguments. Deception has become a primary issue in the criminal case, with both the defense and prosecution addressing it. Whereas the defense argued that no deception had taken place because those deceived didn’t acknowledge [Continue reading…]

uFun Club lawyer argues legality of pyramid schemes

When your clients are busted pushing a $1.18 billion dollar Ponzi scheme, there’s not really much you can present by way of their defense. Still, they’re paying you money so you’ve got to come up with something. Cue absurd reasoning and logic from defense attorney Leota Schuster.

uFun Club scammers plead not guilty in Thailand

Thirteen of the 164 indicted uFun Club scammers faced court yesterday, pleading not guilty on charges of ‘taking part in a transnational crime syndicate, public fraud, illegal direct sales, putting false information into computer systems and fraudulent borrowing.‘

uFun Club Samoan trial witness caught out lying

Oh the lies we tell when we’re caught out. Slow as quadriplegic turtle, the Samoan uFun Club trial continues, with the latest seeing a witness caught out lying about his investment into the scheme.

Unascos to scam US investors (again)?

Jamison Palmer was one of the ringleaders who sold the uFun Club Ponzi scheme to US investors. Through uFun Dominators and other Facebook groups, Palmer was instrumental in pitching the billion dollar Ponzi scheme to US investors. Seeking Ponzi riches, Palmer (right) even went so far as to relocate from the US to Thailand. Perhaps [Continue reading…]