Traffic Monsoon victim claims process submitted for approval
The Traffic Monsoon Receiver has submitted a victim claims process for approval.
MLM @ BehindMLM
Indian celebrities summoned to explain QNet association
The Cyberabad EOW has served summons notices to over 500 individuals, including several well-known Indian celebrities and sports people.
Kimberly Dalius dropped from Saivian Ponzi lawsuit
Pursuant to a stipulation between Eric Dalius and the SEC, Dalius’ wife Kimberly has been dropped as a relief defendant.
DDK attempts to justify pump and dump Ponzi shitcoin
Over the last 48 hours DDK has been spamming their supposed rebuttal to our December 10th review in various places. Written from the frankly insulting perspective that nobody is capable of understanding their simple business model, DDKoin alleges our review contains “false allegations” and an “inaccurate representation” of their products (of which they have none). [Continue reading…]
USI-Tech throws Canadian affiliates under the bus, gets banned anyway
Following an order permanently banning USI-Tech from operating in Ontario, Canada, the Ontario Securities Commission has published detailed reasoning behind its decision. The reasoning includes an email from USI-Tech management that throws their Canadian affiliates under the bus.
Mark Scott’s seized OneCoin assets revealed
In a Bill of Particulars filed on February 22nd, the DOJ has revealed Mark Scott’s seized assets. The detailed list provides insight into shell companies and which countries Scott assisted OneCoin with laundering invested funds through.
Matt Lloyd refuses to give up luxury condos, private island & resort
A fortnight ago we reported that Matt Lloyd McPhee had filed an answer to the FTC’s MOBE lawsuit. Lloyd’s answer was filed well past the deadline, in addition to the FTC having already filed for and being given an entry of default. On the basis of his having now filed an answer, Lloyd also filed [Continue reading…]
Mark Scott wants to hide OneCoin evidence from grand jury
On February 8th Mark Scott was served a grand jury subpoena, requesting “a wide variety of documents” related to OneCoin. Whatever evidence is in those documents, Mark Scott doesn’t want a grand jury seeing them.
Nui fined $25,000 for securities fraud in Texas
The state of Texas has slapped Nui with a $25,000 securities fraud fine. The company has also agreed to cease offering unregistered securities to Texas residents.
Joseph Tran arrested in Sweden (Nano Club, Ormeus, EmGoldex)
According to local news reports, serial-scammer Joseph Tran has been arrested by Swedish authorities. Tran’s arrest is believed to be in connection with his promotion and participation in a number of fraudulent MLM companies.
