MLM @ BehindMLM

Trust Investing has received a securities fraud warning from Spain’s Comision Nacional del Mercado de Valores. As per the CNMV’s April 4th warning, Trust Investing

Emile Parfait Simb, owner of the Liyeplimal Ponzi scheme, has been arrested in Cameroon. Business in Cameroon reports authorities picked up Simb at Duoala Airport on May 26th. He was moments away from boarding a plane to flee to Morocco.

On May 19th 2022, the Zeek Receiver announced the Zeek Rewards Receivership was officially closed. This marks the end of an era here at BehindMLM, spanning eleven years and two hundred and thirty-two articles.

Ronae Valyn Jull, posing as “Hope Hill”, first appeared on BehindMLM’s radar as HyperFund’s Compliance Officer. This was amusing at the time because, well HyperFund was a Ponzi scheme. Whether she came up with the pseudo-compliance I can’t say, but Jull was responsible for pushing the narrative that renaming investments to “memberships” somehow legitimized a [Continue reading…]

Eddy Alexandre has successfully moved to have his EminiFX bail conditions modified. Arguing that he’s left unable to pay for a security guard, whilst not disclosing what he did with EminiFX’s missing millions in crypto, Alexandre will be released on bail without guard 24/7 guard monitoring.

A decision on Eddy Alexandre’s request to modify his EminiFX bail release conditions remains pending. In the meantime his attorney has filed a response to the DOJ’s opposition filing. The response mostly rehashes the same arguments, but also provides some new information.

Christopher Loaiza Salazar is a convicted TelexFree scammer in Peru. Stemming from a TelexFree related criminal case opened in 2016, Salazar and “certain of his relatives” were found guilty of aggravated fraud. On the basis those he scammed did or should have filed a claim with the Trustee, Salazar now seeks to overturn his conviction.

The DOJ has filed its opposition to Eddy Alexandre’s proposed change of bail conditions letter. As predicted, a key issue is the missing millions in crypto Alexandre is suspected of stashing away.

Well that didn’t take long. Eddy Alexandre is already trying to weasel out of his EminiFX bail release conditions.

I saw a disturbing headline on BusinessForHome today; Eric Worre Announced As OmegaPro’s New Official Strategic Coach OmegaPro, the Dubai-based MLM Ponzi? Oh dear. Turns out OmegaPro isn’t the only Dubai MLM Ponzi Worre has hitched his Network Marketing Pro wagon to.