MLM @ BehindMLM

A BehindMLM reader has wrote in to share Royal Returns is under regulatory investigation in Ireland.

Following unsuccessful mediation proceedings, the CFTC has moved for summary judgment against Alan Friedland.

Apparently getting sent to prison for running Ponzi scams is a violation of human rights. Or so Krstijan Krstic’s lawyers in Serbia would have you believe.

A sixteenth defendant has been added to the DOJ’s Kristijan Krstic Ponzi empire fraud case. Jaira David, aka Jenny Liu, Kate Muller and Alice Newtown, was indicted under seal on March 4th, 2020.

Success by Health affiliates are harassing the Judge hearing the FTC’s case against the company. Judge Lanza has labeled comments directed at him and his family as “highly inappropriate and disturbing”.

On June 1st the SEC tabled three proposed judgments against BitConnect defendants Joshua Jeppesen, Ryan Maasen and Laura Mascola. A partial judgment was tabled for Michael Noble. Each of the proposed judgments were consented to by the defendants. On June 3rd the SEC was directed to make an additional filing, explaining why the judgments were [Continue reading…]

Seven months after raiding Mirror Trading International’s South African offices, the FSCA has announced its intent fine the company. Oh my god just do it already…

CashFX Group has received a securities fraud warning from the Central Bank of Ireland. The Central Bank of Ireland is Ireland’s top financial regulator (think SEC in the US).

Although it’s always had a reputation for harboring scammers, over the past year and a half Dubai cemented itself as the MLM scam capital of the world. This coincided with the spread of the COVID-19 pandemic. Whereas most countries effected some sort of border control, Dubai has remained open for visitors. This has seen practically [Continue reading…]

Kripto Future has received a securities fraud warning from Spain’s Comision Nacional del Mercado de Valores.