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KOK Play pyramid scheme warning issued in Russia

The Central Bank of Russia is not impressed with the size of KOK Play’s Ponzi package. Looking to deflate Russian citizens’ excitement, the Central Bank has slipped a warning over the shaft of KOK Play’s KOK… token scheme.

Alcor Trade pyramid scheme warning issued in Russia

Alcor Trade, dba Alcor Limited, has received a pyramid scheme fraud warning from the Central Bank of Russia.

Liyeplimal securities fraud warning issued in Angola

Liyeplimal has received a joint securities fraud warning from Angola’s Comissao do Mercado de Capitais (CMC) and National Bank.

CashFX Group securities fraud warning issued in Sweden

CashFX Group has received a securities fraud warning from Sweden’s Finansinspektionen. As per Finansinspektionen’s August 9th warning, CashFX Group

Success by Health defendants sanctioned for deleting evidence

The FTC has been granted a motion requesting spoilation sanctions against Success by Health defendants Jay Noland, Lina Noland, Thomas Sacca and Scott Harris. In May 2019 a bank subpoena was inadvertently passed on to Success by Health.

FTC granted liability summary judgment against SBH

The FTC has been granted summary judgment as to liability against the Success by Health defendants.

Three Finiko promoter leaders arrested in Kazan, Russia

Three top Finiko promoters have been arrested in Kazan, Russia. In local media coverage, Ilgiz Shakirov (right) is cited as a Finiko Vice President. In BehindMLM’s May 2020 Finiko review, the affiliate rank Vice President didn’t exist. It appears to have been added as a higher rank sometime after.

11 deaths linked to Paparazzi COVID-19 Las Vegas event

Paparazzi held a ten year anniversary celebration in Las Vegas last month. Unofficial tracking on social media suggests it might have been a COVID-19 super-spreader event. The verified attendee death tally currently sits at eleven.

Argentinian OneCoin defendants use strawman police defense

OneCoin defendants in Argentina have put up a strawman defense in a bid to avoid conviction. The scammers argue that because they recruited four police officers into OneCoin, that somehow absolves them of legal liability.

Skyway Capital securities fraud warning issued in Spain

Skyway Capital has received a securities fraud warning from Spain’s Comision Nacional del Mercado de Valores (CNMV).