MLM @ BehindMLM

OmegaPro has received a securities fraud warning from Mauritius’ Financial Services Commission.

Italian authorities are cracking down on the Corsair Group Ponzi scheme. CONSOB has already been banned the company’s website nationwide. Now a 49 year old suspect’s home has also been raided, and he’s been warned of pending criminal action.

This week we began documenting Leonardo Cositorto’s travels across Colombia. Speaking to Colombian radio station W Radio just over a week ago, Cositorto maintains he’s in Colombia legally. Cositorto is founder of the collapsed Generation Zoe Ponzi scheme. He purportedly has an Interpol red notice out on him from Argentina, making his free travel across [Continue reading…]

Default judgment has been entered against Redwood Scientific Technologies and a bunch of corporate defendants. Final judgment has also been entered against owner Jason Cardiff and wife Eunjung Cardiff.

Gift of Legacy has received a pyramid scheme fraud warning from Russia. As per the Central Bank of Russia’s March 18th warning, Gift of Legacy exhibits signs of a “financial pyramid” scheme.

Thailand’s Anti-Money Laundering Office is accepting victim claims against OneCoin and co-founder Sebastian Greenwood.

Ongoing Receivership issues with the IRS are holding up distribution payments to USFIA victims.

Two “cybersecurity experts” helping police investigate GainBitcoin have been arrested. Pune Police allege the two investigators “duped Police and transferred crypto worth INR 20 Cr into their own accounts” ($2.6 million USD).

Thailand’s Anti-Money Laundering Office has seized OneCoin related assets belonging to Sebastian Greenwood. AMLO claims to have seized gold bullion and funds held in two bank accounts.

Lyoness has received another cease and desist from the Norwegian Lottery Board.