PlusToken’ three co-founders have been sentenced in a Chinese criminal case. Language-barriers means tracking the scope of the Chinese investigation into Plus Token is difficult.
MLM @ BehindMLM
Following on from the arrest of twenty-one Eagle Gates Group scammers in April, nineteen have since been jailed.
It’s been two years since we’ve heard anything out of Bielefeld’s Public Prosecutor’s Office regarding OneCoin. Now, three suspects have been indicted and will appear at Munster District Court.
Various varieties of Isagenix’s Isalean bars and shakes have been recalled in Canada. The recall follows a series of “reported illnesses”, linked to the consumption of the affected products.
The Australian Securities and Investments Commission has filed criminal charges against John Louis Anthony Bigatton. Bigatton served as an Australian Director of the infamous BitConnect Ponzi scheme.
Norway’s Financial Supervisory Authority (Finanstilsynet) has issued a securities fraud warning against the CashFX Group Ponzi scheme.
Jobadiah “Joby” Weeks has plead guilty to two counts of BitClub Network related fraud. As per the terms of a plea agreement reached with the DOJ, Joby Weeks has pled guilty to conspiring to offer and sell unregistered securities and tax evasion.
I held off reporting on the Payza case outcome as I wanted to go off the official case files. Pacer hasn’t updated yet but, courtesy of the Montreal Gazette, we know how the November 10th sentencing hearing went down.
Knowledge Economy has published an article expressing surprise at Jeunesse accepting orders from Chinese residents. As previously reported, earlier this over a quarter billion worth of Jeunesse products were seized by Chinese authorities. Jeunesse’s President of Greater China, Robin Lee (cited by KE as “Li Weixing”), was arrested in May. In addition to Li two [Continue reading…]
The FTC has revealed the Success By Health defendants, upon learning of the regulator’s investigation, set about plans to conceal and delete evidence.