MLM @ BehindMLM

Leonardo Cositorto, who is currently on trial as founder of the Generation Zoe Ponzi, is proving to be quite the drama queen. Cositorto’s latest stunt sees him reported to have barricaded himself in his cell. With the court waiting on his appearance to continue the trial, the “President of the Court” ordered Cositorto forcibly removed.

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.

Citing “unexpected events”, Jason Cardiff’s attorneys filed for a trial continuance on December 4th.

Allied Wallet’s Amy Rountree has been sentenced to time served. Rountree’s sentence was handed down on December 13th. She is additionally subject to one year of supervised release.

Serial fraudster Andreas Kartrud has been arrested in Sweden. Kartrud is being held in Malmo, on criminal charges related to 46 million SEK in tax fraud (~$4.1 million USD).

Trage Tech, aka Trage Technologies, has received a securities fraud cease and desist from the Georgia Commissioner of Securities. The Commissioner’s order also cites Eric Ture Muhammad, a serial fraudster and Trage Tech promoter.

8 Figure Dream Lifestyle’s three co-founders have received prison sentences.

QNet, Oriflame and and fifteen MLM companies have received fraud warnings from India’s Central Consumer Protection Authority (CCPA).

Marco A. Ruiz Ochoa has settled civil iComTech fraud charges with the CFTC. As per the terms of the settlement, Ochoa is

Disgraced MLM veteran Holton Buggs is shamelessly challenging the CFTC’s request for a Traders Domain preliminary injunction. Buggs, who is alleged to have misappropriated millions of dollars through Traders Domain, is the only defendant challenging proceedings.