MLM @ BehindMLM

A Suspicious Activity Report from Mashreq Bank has provided insight into OneCoin’s ~2015 banking woes. The report, filed by the Mashreq Bank’s Audit, Fraud & Compliance Group, is dated September 1st, 2015. Affected customers listed are

The Philippines SEC has issued a securities fraud advisory against CashFX Group.

Following an April 15th mediation conference, all of the Digital Income System defendants have reached a settlement with the FTC.

As part of Bitcoiin criminal proceedings, hundreds of electronic devices seized in Serbia have been turned over to the FBI in Texas. Data stored on the devices is still being processed, resulting in a request to continue the trials of defendants Haojia Miao and Antonije Stojiljkovic.

As per a January 6th order, MOBE’s non-consumer creditors were directed to file claims for payment consideration. As per a report filed by the MOBE Receiver on April 22nd;

Last December a settlement report revealed that, despite engaging for over a year, the FTC and Neora were unable to reach a settlement. In the wake of the AMG Supreme Court decision, both parties were directed to file a “Joint Report regarding Alternative Dispute Resolution”.

ProCash has received a securities fraud warning from Spain’s Comision Nacional del Mercado De Valores.

OmegaPro has been declared a fraudulent online trading platform in Belgium. The Financial Services and Markets Authority’s May 5th warning follows ‘complaints from consumers concerning new fraudulent online trading platforms that are operating in the Belgian market.’

Two money launderers tied to the Recylix Ponzi scheme have been sentenced to prison.

John DeMarr’s Bitcoiin indictment was filed on March 23rd, 2021. The indictment details four counts of fraud, pertaining to DeMarr’s involvement in Bitcoiin and Start Options.