MLM @ BehindMLM

Jim Aleksander Anderson arrested in Spain

Jim Aleksander Anderson has been arrested in Spain. Following his arrest, Anderson was extradited to France. Details are vague but French police are reported to suspect Anderson “is involved in a large-scale Ponzi scheme.”


The Traders Domain victim claims process approved

A proposed The Traders Domain victim claims process was approved on April 29th. As per the approval order, The Traders Domain victims have until July 28, 2025 to file claims.


AkashX securities fraud warning from New Zealand

AkashX has received a securities fraud warning from New Zealand’s Financial Markets Authority (FMA). As per the FMA’s May 2nd AkashX warning;


ArbiSmart ordered to cease securities fraud in Italy

ArbiSmart has been ordered to cease committing securities fraud in Italy. As per an order published by CONSOB on April 30th, ArbiSmart has been found to be illegally offering investment services to Italian residents.


Barnaje DAO securities fraud warning from Australia

Barnaje DAO has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC). ASIC added Barnaje DAO to its Investor Alert List on April 7th, 2025.


iGenius pyramid fraud warning from Poland

Following an investigation that began in 2023, iGenius has received a securities fraud warning from Poland’s Office of Competition and Consumer Protection (UOKiK).


WeWe Global securities fraud warning from Australia

WeWe Global has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC). ASIC added WeWe Global to its Investor Alert List on April 8th, 2025.


FTC sues IM Mastery Academy (Iyovia) for $1.2 bill fraud

Last November the long-running forex scam IM Mastery Academy rebooted as Iyovia. No official reason was given for the rebranding, prompting me to speculate; If I had to guess, IM Mastery Academy rebranding as Iyovia probably signals we’re getting close to the outcome of the FTC’s investigation. On May 1st the FTC and Nevada filed [Continue reading…]


Cryptex securities fraud warning from Austria

Cryptex has received a securities fraud warning from Austria’s Financial Market Authority (FMA). As per the FMA’s April 12th, 2025 Cryptex warning;


SEC sues PGI Global’s RV Palafox, alleges $198 mill Ponzi

The SEC has sued PGI Global’s Ramil Venture Palafox and several relief defendant accomplices. Ramil Ventura Palafox is the sole named defendant. The SEC has also sued four relief defendants;