MLM @ BehindMLM

Online Education Academy (OEA) has reached a settlement pertaining to alleged 8 Figure Dream Lifestyle fraud.

A court has granted the FTC’s request for a preliminary injunction against Success By Health and owner Jay Noland.

In early 2018 Bitcoiin, not to be confused with bitcoin, launched its B2G pump and dump altcoin scheme. In an attempt to differentiate themselves from the plethora of MLM shitcoin Ponzi schemes out there, Bitcoiin employed Steven Seagal as its Brand Ambassador. On Wednesday, the SEC announced it had issued Seagal with a formal cease [Continue reading…]

ePayments Systems is one of the UK’s largest digital payments companies. Well, it was… until the FCA unexpectedly shut it down on February 11th. Along with the shutdown came a freeze order, trapping what is believed to be over £100 million in client funds. Oh, and did I mention there’s an extremely interesting tie to [Continue reading…]

New Zealand’s Commerce Commission has announced it will not proceed with an investigation into OneCoin.

As recruitment across South Africa slows down, the Crowd1 Ponzi scheme will inevitably spread across African borders. Neighboring Namibia is having none of it, opting to instead ban Crowd1

On January 13th, as part of a TRO granted to the FTC, the court appointed a Success By Health Receiver. On February 10 the Receiver filed her first report on the business.

A February 21st order has revealed a decision on the Success By Health preliminary injunction is likely next week. The note was part of an order granting Success By Health’s motion to supplement the record:

Just days after the Supreme Court rejected his citizenship appeal, Brazilian authorities have arrested Carlos Wanzeler. Things are moving far more quickly than anticipated.

USFIA founder and owner Steve Chen, aka Li Chen and… the “Boss”, has agreed to plead guilty to conspiracy to commit wire fraud and tax evasion.