Riway’s business operations suspended for 6 months in Japan
Japan’s Consumer Affairs Agency has issued sanctions against Riway. From August 3rd, Riway is prohibited from operating in Japan for six months.
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Jay Noland raised almost $600,000 in legal fees, lied to get it
Earlier today we covered the appointment of a replacement Success by Health Receiver. A paragraph in Judge Lanza’s order caught my attention. The Receiver’s most recent report, issued earlier today, accuses the Individual Defendants of violating the terms of the preliminary injunction (by failing to provide a detailed description of the intended activities of their [Continue reading…]
Jay Noland fails to block new SBH Receiver appointment
Due to new employment that will leave her unable to continue, Kimberly Friday informed the court she’d be resigning as Receiver of Success by Health on August 12th. As part of that resignation process, Friday recommended Peter Davis be appointed her successor. Davis has worked as a forensic accountant for the Success by Health Receivership. [Continue reading…]
Riway prosecuted in Singapore over false Purtier health claims
Riway has been prosecuted by Singaporean authorities over false health claims related to its Purtier supplement.
Ryan Maasen claims SEC’s BitConnect case “ruining his life”
Ryan Maasen has told a Judge the SEC’s BitConnect case against him is “ruining his life”. I first saw the statement reported by Inner City Press, who covered an August 11th case hearing.
IRS won’t collect on Zeek Rewards’ unpaid taxes
The Zeek Rewards Receiver filed his second quarter 2021 report on July 30th. Not much happened in the second quarter outside of the IRS losing an appeal case.
$15.6 mill Silver Star Live judgment entered against David Mayer
The CFTC has been awarded a $15.6 million dollar default judgment against David Mayer and his company Silver Star Live.
Neora cleared of monetary penalties, fails to settle with FTC
The FTC has been denied monetary relief in their fraud case against Neora. The decision is undoubtedly a blow to the regulator’s enforcement efforts.
Fourteen OneCoin promoters indicted in Italy
Fourteen promoters of the OneCoin Ponzi scheme have been indicted by Italy’s Guardia di Finanza. The indictments were filed in Bolzano, a city in Italy’s South Tyrol province. Unfortunately the names of those indicted have not been released.
US investigation into Mirror Trading International confirmed
Mirror Trading International’s liquidators have confirmed the existence of a US investigation into Mirror Trading International. The news follows months of inaction by South African authorities.
