MLM @ BehindMLM

BitPlam has received a pyramid fraud warning from Russia. Which is a bit odd, seeing a BitPlam is supposed to have collapsed last November.

Paraiba World has received a securities fraud warning from FINMA. FINMA is Switzerland’s stop financial regulator (SEC equivalent).

South Africa’s FSCA has issued a Gift of Legacy warning. The warning follows enquiries from the South African public. As per the FSCA’s March 23rd warning, which followed enquiries from the public, the regulator confirms Gift of Legacy isn’t committing securities fraud. This would be a violation of South Africa’s Financial Advisory and Intermediary Services.

Alexander Hernandez has announced IX Inversor’s collapse, claiming the company has gone into liquidation. The announcement was made earlier this week on Monday, on an official corporate webinar.

Edain has received a pyramid scheme fraud warning from the Central Bank of Russia. As per the CBR’s March 30th warning, Edain “exhibits signs of a financial pyramid”.

The FTC has been denied NetForce contempt sanctions against Jay Noland. The request for sanctions stems from Noland allegedly violating his NetForce injunction judgment.

OmegaPro has received a second securities fraud warning from Spain’s Comision Nacional del Mercado de Valores.

Intelligence Prime Capital has received a securities fraud warning from Spain’s COmision Nacional del Mercado de Valores.

CashFX Group has received its sixth securities fraud warning from Canada. The latest fraud warning was issued by the Ontario Securities Commission on March 28th.

Zoe Broker has received a securities fraud warning from Spain. What’s interesting about the fraud notice is the Spanish regulator identifies the company as Generation Zoe.