MLM @ BehindMLM

The FTC has been denied summary judgment on monetary remedies against Success by Health. Back in September, the FTC was granted liability summary judgment. This judgment ruled that, among other things, Success by Health violated the FTC’s Merchandise and Cooling-Off Rules

After tracking BitConnect defendant Craig Grant in Jamaica, the SEC managed to serve him on October 29th. Grant’s response to the SEC lawsuit is now a week overdue.

In what may wind up being a predictable judicial mistake, Frank Schneider has been released to home detention. Schneider will be subject to 24/7 monitoring and home confinement, pending a decision on extradition to the US on January 19th.

5 Billion Sales has received a pyramid scheme warning from Russia. As per the Central Bank of Russia’s November 19th warning, 5 Billion Sales exhibits “signs of a pyramid scheme”.

Ryan Mark Ginster has been arrested on charges relating to multiple MLM crypto Ponzi schemes.

The SEC has unmasked the scammer behind the My Micro Profits Ponzi scheme. In a lawsuit filed against him, the SEC alleges Ryan Ginster, of California, “raised over $3.6 million” from investors.

InCruises has received a pyramid scheme warning from Russia.

The DOJ has announced “approximately $56 million” in cryptocurrency obtained from Glenn Arcaro will be liquidated. Proceeds are to be distributed to BitConnect victims.

The same day BehindMLM published its Mido Finance review, authorities in New Zealand issued a securities fraud warning.

Ghana’s youth are sick of QNet scammers targeting them for recruitment. Pulse reports earlier this week a group of “angry youth”, armed with machetes, stick and clubs, attacked a local QNet office.