MLM @ BehindMLM

TrageTech, aka Trage Technologies, has received a securities fraud desist and refrain order from California’s Department of Financial Protection and Innovation (DFPI). DFPI’s November 4th order names three respondents;

iComTech Ponzi promoter Gustavo Rodriguez has been sentenced to 8 years in prison.

Under murky circumstances, the FSCA has quietly dropped previously imposed penalties against CBI Global Ponzi scammer Coenie Botha.

IM Mastery Academy has received a securities fraud warning from Quebec’s Autorite des Marches Financiers (AMF). As per AMF’s October 18th IM Mastery Academy fraud warning;

Hyperverse has received a securities fraud warning from the British Columbia Securities Commission (BCSC). As per the BCSC’s October 18th, 2024 warning;

Several The Traders Domain scammers have consented to preliminary injunctions. Between October 22nd and 25th, the CFTC filed preliminary injunction consent orders pertaining to:

Barbados’ Financial Services Commission has issued a “click a button” app Ponzi fraud warning. As per an October 29th report from Barbados Today; The Financial Services Commission (FSC) on Monday issued an urgent warning about investing in multi-level marketing (MLM) schemes, as a scheme masquerading as a YouTube and TikTok partnership actively recruits Barbadians with [Continue reading…]

Forcount’s Jan Tacuri has been sentenced to twenty years in prison. At the conclusion of his sentence, Tacuri will additionally be subject to an additional year of supervised release.

Eaconomy has received a securities fraud warning from the National Bank of Slovakia (NBS). As per NBS’ October 25th warning;

Following dismissal of claims against the remaining top Traffic Monsoon net-winner, clawback litigation filed by the Receiver has been closed.