MLM @ BehindMLM

Antares Trade has received a securities fraud warning from Canada’s British Columbia Securities Commission.

Antares Trade has received a securities fraud warning from Spain’s CNMV. The Comision Nacional del Mercadeo de Valores is Spain’s top financial regulator (SEC equivalent).

Blessings In No Time, aka “BINT”, was a matrix-based pyramid scheme. On June 9th BINT and husband and wife operators, LaShonda and Marlon Moore, were sued by the Texas AG. Today the FTC and Arkansas AG have followed up with a joint federal fraud lawsuit.

At a June 2nd initial appearance and arraignment, defendants Trey Knight and his wife Emily plead not guilty. The pair are facing criminal charges related to wire fraud, dating back to 2016.

The FBI are feeling confident about Frank Schneider’s arrest. Two days ago two FBI agents arrived in the French city of Nancy. The reason for the visit was to ‘thank French investigators SRPJ and the BRI after the arrest in April 2021 in Meurthe-et-Moselle of‘ Frank Schneider.

As I’m used to covering US legal proceedings, how indictments play out in Germany is a little strange. But bear with me. Last November three OneCoin money launderers were indicted. Those indictments have now been approved by a District Court in Munster, paving the way for a criminal trial.

Early last year Toga Limited lost its Philippine SEC registration after authorities identified it as an “investment scam”. Following the regulatory ban, Toga Limited rebranded as Eostre Berhad. This has prompted the SEC to issue a second warning.

Praetorian Group International and Xifra Lifestyle have received fraud warnings from Peru’s Superintendencia de Banca Seguros.

Late last year OmegaPro registered its OMP Money shell company with the FCA. Presumably following an internal investigation, the FCA has now cancelled OMP Money’s registration.

So apparently there’s a Visalus criminal investigation going on in Italy. If this is the first you’re hearing of it you’re not alone.