MLM @ BehindMLM

When you visit CBI Global’s website the first thing you’ll see up top is a VASP registration message: CBI Exchange (Pty) Ltd is a registered Virtual Asset Service Provider registered with the Financial Intelligence Centre (FIC) Namibia – Read our VASP Disclaimer Instead of registering CBI Global with the BoN, Coenie Botha thought he could pull [Continue reading…]

Staring down the very real prospect of years in prison, on May 4th Infinity2Global defendant Faraday Hosseinipour filed a motion to dismiss. In her filing Hosseinipour shamelessly claiming she and her fellow promoter defendants have been racially profiled.

Two months out from his scheduled trial, Richard J. Anzalone has plead guilty to one Infinity2Global Ponzi fraud charge. Anzalone is the first of seven criminal defendants to take a guilty plea.

France has added as second OmegaPro related website to its fraud blacklist.

I’m not 100% on the specifics but there’s been a procedural change regarding Mining Capital Coin’s preliminary injunction. Back on May 10th the case docket reflected a preliminary injunction hearing was schedule for May 19th. Instead, a “report and recommendation” (R&R) was filed by a Magistrate Judge on May 18th. The good news is the [Continue reading…]

My Trader Coin, Now Mining and the scammers behind it have been fined for securities fraud by Arizona’s Corporation Commission.

Xifra Lifestyle has been fined $985,820 MXN for securities fraud violations in Mexico.

ZetBull has received a pyramid fraud warning from the Central Bank of Russia.

EminiFX owner Eddy Alexandre was arrested in New York on May 12th. Later that same day Alexandre made his initial court appearance. Here’s what happened, and what’s next.

Joseph Ford Jr., a Californian federal police officer, is promoting MLM crypto Ponzi schemes on YouTube. Ruh-roh…