Traffic Monsoon claims tied to SCOTUS writ, clawbacks authorized
A case docket remark has tied approval of the claims process to Scoville’s intention to file a writ of certiorari with the Supreme Court.
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FutureNet scam warning issued in Poland, prosecutors investigating
Poland’s Office of Competition and Consumer Protection (UOKiK), has issued a pyramid scheme warning for FutureNet and associated companies.
DFRF defendants ghost their attorneys, try to shirk SEC lawsuit
At a scheduling conference held on January 31st, the attorneys of DFRF Enterprises defendants Wanderley Dalman, Gaspar C. Jesus and Eduardo N. Da Silva, informed the court they ‘could not locate or communicate with their clients‘. All three defendants have filed outstanding motions to dismiss, which the court gave until February 28th to either withdraw [Continue reading…]
€400,000 EUR OneCoin tax fraud recovery sought in Romania
OneCoin affiliates in Romania have attracted the attention of authorities, who are looking to recover €400,000 in unpaid taxes.
MOBE fraud tops $318 million, FTC moves for default judgment
The FTC initially estimated MOBE scammed people out of at least $125 million. Based on ongoing forensic accounting efforts by the Receiver, that figure has now jumped to $318.5 million.
Pedro Fort receives $14.9 mill Fort Ad Pays Ponzi judgment
Pedro Fort has been issued a $14.9 million judgment in the SEC’s Fort Ad Pays Ponzi case against him. The March 19th judgment follows the SEC moving for $38.6 million in relief against the Fort Ad Pays defendants a few weeks back.
FTC fraud lawsuit making life difficult for Jason & Eunjung Cardiff
The FTC’s ongoing lawsuit against Redwood Technologies and owners Jason and Eunjung Cardiff, is evidently making life very difficult for the defendants. Facing eviction from the family home, a Judge has also now denied a request for the return of the Cardiff’s passports – without which Jason claims he’ll lose his new job.
Zeek Receivership has clawed back 44.2% of net-winner payments
On March 15th the Zeek Receiver filed his Status Report for the fourth quarter of 2018. Among other things, the Receiver revealed 44.2% of net-winner payments have been successfully clawed back.
$515K Digital Altitude clawback filed against Paradise Media Ventures
Just before the FTC moved to shut it down, Digital Altitude transferred over half a million dollars to Paradise Media Ventures. There doesn’t appear to have been any legitimate reason for the transfer, and so now the Receiver is demanding the funds back.
Konstantin Ignatov detained pending OneCoin charges in NY
The DOJ has secured the detention of Konstantin Ignatov, pending his facing charges in New York.
