MLM @ BehindMLM

Mavie Global has received a pyramid fraud warning from Russia. As per the Central Bank of Russia’s June 26th warning, Mavie Global exhibits “signs of a financial pyramid”.

A joint-statement from Bulgarian and US authorities has revealed plans for the Bulgarian Prosecutor’s Office to charge Ruja Ignatova in absentia. The FBI is also upping its bounty on information that leads to Ignatova’s arrest to $5 million.

Upon learning she was under investigation for fraud back in 2021, Shelly Cullen quipped; Fuck the consequences, I ain’t scared. I jump from scam to scam because I can. What’s the consequences? [A] $600,000 slap on the hand. Following a conviction back in January, the North Shore District Court has sentenced Cullen to a $5.9 [Continue reading…]

Mavie Global, Miracle Cash & More and promoter Shelly Cullen are the subject of a securities fraud warning from New Zealand.

Garry J. Davidson and Linda C. Knott have copped final default judgments in the SEC’s ongoing “Mike G Deal” fraud case. Davidson and Knott were co-conspirators of Glaspie’s, assisting him in defrauding consumers out of $45 million.

Despite efforts from the US, Brazil is doing its best to ensure TelexFree co-founder Carlos Wanzeler escapes punishment.

Global Premiers has received a pyramid fraud warning from Russia. As per the Central Bank of Russia’s June 19th warning, Global Premiers exhibits “signs of a financial pyramid”.

Two HyperFund promoters have been arrested in Nepal. The Central Investigation Bureau made two arrests over the past week; Nanu Ghumire (aka Kajal) of Laitpur earlier in the week, and Srikant Bhandari of Rukum on Wednesday.

A May 1st report from India’s Directorate of Enforcement has provided insight into the ongoing fraud investigation into iX Global and CEO Joseph Martinez.

Forcount scammer Juan Antonio Tacuri Fajardo has pled guilty to conspiracy to commit wire fraud. Following an initial not guilty plea, Tacuri changed his mind and pled guilty at a hearing held on June 5th.