MLM @ BehindMLM

South African authorities have finally provided an update on Johann Steynberg’s Brazilian extradition. The bad news? Steynberg is going to waste everybody’s time fighting the inevitable. The good news? Get an extra large serving of popcorn ready.

TriumphFX has received a second investment fraud warning from Indonesian authorities.

Authorities in Delhi have raided the houses of Bitcoin Gain scammers Ajay Bhardwaj and another accomplice. The long-running investigation is now reported to have spread to additional police departments across India.

Metafi Yielders has received a pyramid fraud from the Central Bank of Russia.

The FTC claims the Supreme Court’s AMG decision has cost consumer a staggering $1.5 billion. The losses were realized through various fraudulent schemes, with the AMG decision leaving the FTC unable to effectively hold scammers accountable.

Jonathan Sifuentes’ My Trader Coin securities fraud trial has been scheduled for August 22nd.

Since taking over EminiFX’s business operations on May 11th, the Temporary Receiver hasn’t found any legitimate underlying business operations.

German authorities are finally investigating OneCoin founder Ruja Ignatova’s husband, Bjorn Strehl. Despite being tied to OneCoin’s fraudulent activities, Streh, till now, has managed to remain in the shadows.

Two presiding Judges in Frank Rickett’s German OneCoin trial have come down with illness. As a result proceedings have been suspended till August.

The FTC has shut down Financial Education Services. Federal regulatory action against FES follows a $1 million pyramid scheme fine, issued by the state of Georgia in 2019. As alleged by the FTC, FES “scamm(ed) consumers out of more than $213 million”.