MLM @ BehindMLM

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”.

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.