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OneCoin money launderer David Pike has been sentenced to two years probation. Pike’s sentencing hearing was covered by Inner City Press, with Matthew Lee reporting from the courtroom.

NWorld has received a regulatory cease and desist from the Philippine SEC.

IX Inversors has received a securities fraud warning from Ecuador. As per the Superintendencia de Bancos’ January 13th warning, IX Inversors

OneCoin co-founder Sebastian Greenwood has fired his attorneys on the eve of a pretrial conference. In a filing requesting permission to withdraw from the case, Greenwood’s former attorney claims he’s “facing extraordinary exposure”.

Satish Kumbhani has been indicted by a Grand Jury in San Diego. Kumbhani, an Indian national, is the founder of the notorious BitConnect Ponzi scheme.

Intelligence Prime Capital has received a second securities fraud warning from Canadian authorities. The latest warning was issued by the Ontario Securities Commission.

Resolution of several motions in the Success by Health case, have pushed the FTC’s claims against the Individual Defendants to the forefront. A hearing was held on February 17th, following which we’ve had some important decisions come in.

Argentine authorities believe Leonardo Cositorto is now hiding in the Dominican Republic. Wanted for financial crimes, Argentinian media are report an international arrest warrant has been issued through Interpol.

The SEC has been unable to locate Craig Grant for service in Jamaica. As an alternative, the regulator now seeks permission to effect service via email and publication.

Steve Chen, founder of the USFIA Ponzi scheme, has been sentenced to ten years in prison. Chen has also been ordered to pay back $49.2 million in restitution.