MLM @ BehindMLM

Carlos Wanzeler’s life as a fugitive might have finally come to an end. Following the cancellation of his Brazilian citizenship, Brazilian authorities have rejected Wanzeler’s Supreme Court appeal.

Italy’s AGCM has fined Juice Plus €1 million EUR for deceptive marketing practices.

Under the Speedy Trial Act, the DOJ had until April 26th to file an indictment or information pertaining to Konstantin Ignatov. An April 26th filing reveals continues negotiations between Konstantin’s attorney and the DOJ.

After Samoan authorities banned OneCoin transactions in mid 2018, local promoters began laundering funds through New Zealand. This caught the attention of New Zealand authorities, who detailed the operation in a 124 page intelligence report.

The Traffic Monsoon Receiver has filed a class-action clawback complaint, targeting top net-winners in the $175 million dollar Ponzi scheme.

In addition to being pursued by the SEC, TelexFree net-winner Faith Sloan also faced clawback litigation from the Trustee. According to the Trustee, Sloan stole $710,319 from TelexFree victims. Earlier this month we reported Sloan had reached a settlement with the SEC. In light of that yet to be approved settlement, the Trustee and Sloan [Continue reading…]

Following an entry of default recorded against Matt Lloyd McPhee on February 1st, McPhee filed to have it set aside. McPhee’s motion was granted on April 19th.

If you’re a OneCoin victim in Poland, you might be able to recover your losses via criminal proceedings. The Szczecin District Prosecutors Office has offered to go after OneCoin scammers. They just need victims to speak up.

There’s probably no group more salty in MLM  right now than TelexFree victims with approved claims. The TelexFree claim portal went live back in mid 2016. Almost three years later, not one distribution payment has been made. Now, a Status Report filed by the Trustee on April 12th, provides insight into why.

The National Reserve Bank of Tonga has issued a warning against participation in WorldVentures.