MLM @ BehindMLM

The CFTC is reaching out directly to victims of The Traders Domain Ponzi scheme. The federal regulator published a “confidential customer survey” on November 14th, which it claims will “provide [the] CFTC with pertinent information on this case.”

Cannerald, aka CannerGrow, has received a securities fraud warning from Germany’s BaFin. As per BaFin’s October 14th warning, Cannerald AG is under “suspicion of public offering of profit participation certificates without required securities information sheet”. BaFin’s wording is a bit janky but this is the equivalent of a securities fraud warning in other jurisdictions.

Indian authorities in Thane have made several arrests related to the Oris Team Ponzi scheme. As reported by Maharashtra Mirror on November 19th;

After failing to respond to an SEC lawsuit filed against him, Trevon James has asked a court to set aside a recorded entry of default. In a six-page October 18th filed pro-ser letter, James has also informed the court he doesn’t “have the Bitcoin to liquidate in order to pay these fines.”

The GSPartners victim claim portal has been delayed till sometime before the end of 2024.

ForCount’s Nestor Nunez has been sentenced to four years in prison. At the conclusion of his sentence, Nunez will additionally be subject to an additional year of supervised release.

Roman Kazimierz Ziemian has been stripped of his Cyprus passport. An October 24th report from In Cyprus claims the passport revocation is tied to Ziemian’s FutureNet Ponzi scamming.

Holton Buggs has filed motions seeking dismissal of the case against him and dissolvement of a court-appointed Receiver.

Sam Lee, aka Xue Samuel Lee, has been detained at Dubai’s Al Aweer Central Prison. During his ongoing detainment, the SEC managed to serve Lee their civil HyperFund fraud lawsuit. As per November 5th filings from the SEC, Lee refused personal service at the prison but was considered served under US law.

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