MLM @ BehindMLM

Around the same time US authorities began looking into OneCoin, Dubai’s General Department of Criminal Investigations raised money laundering concerns. How the parallel investigations concluded however, couldn’t be any more different.

The Central Bank of Cuba, the country’s top financial regulator, has issued a warning targeting several MLM Ponzi schemes. Scams cited in the Central Bank’s May 13th warning include;

Trust Investing Director Ruslan Concepcion has been arrested by Cuban authorities. Concepcion was apprehended on April 22nd, attempting to board a plane bound for Russia.

Following raids and asset seizures, Argentinian authorities have arrested ten individuals connected to Intense Live.

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”.