MLM @ BehindMLM

Roman Kazimierz Ziemian, co-founder of the FutureNet Ponzi scheme, has been arrested for a second time. Authorities in Montenegro announced Ziemian’s arrest on August 18th.

GSPartners’ scheduled September 16th hearing in Arizona has been delayed to January 2025.

Approval of a hydroelectric power plant in Croatia has caused alarm over environmental concerns. The fallout has gotten so bad criminal charges have now been filed against the government official who approved the construction permit. The companies at the center of the scandal are Pipra and a contractor going by Starac. Starac is owned by [Continue reading…]

Tin Quoc Tran, one of the ringleaders in the SAEG series of Ponzi schemes, has copped a $512 million default judgment.

A man who extorted around $146 million from BitConnect scammers has been arrested in Ahmedabad, Gujarat.

Brazilian authorities have confirmed Mirror Trading International CEO Johannes Steynberg’s death. Subsequently, an identity fraud related criminal case against Steynberg have been dropped.

Investview has confirmed the SEC’s investigation into iGenius is ongoing as of May 2024. The status update was confirmed by Investview in a 10-Q quarterly report, filed with the SEC on August 13th.

Axiome has received a pyramid fraud warning from Russia. As per the Central Bank of Russia’s August 15th warning, Axiome exhibits “signs of a financial pyramid”.

The DOJ’s response to MyChargeBack’s “give us back our website domain” petition suggests indictments are coming.

Mohammed “Moe” Diab and Amy Rountree have pled guilty to Allied Wallet fraud charges.