FBI seeking out BitConnect victims
Lost money in BitConnect? Want to get back at Glenn Arcaro, Craig Grant, Trevon James, Crypto Nick, Ryan Hildreth and the rest of the BitConnect gang? Now’s your chance…
MLM @ BehindMLM
Scoville wants to take Traffic Monsoon appeal to the Supreme Court
Having been destroyed in two lower courts, Charles Scoville now wants to take his Traffic Monsoon Ponzi fight to the Supreme Court. Yeah, not kidding. This is happening…
Trudy Gilmond receives securities ban from SEC
The SEC’s interest in pursuing Trudy Gilmond has come to an end, following acceptance of a tendered settlement offer.
Extended USFIA claim deadline results in low quality claims
Despite the best intentions behind extending the USFIA victim claim deadline, unfortunately it appears to have been mostly a waste of time and money. In light of the extension, the USFIA Receiver reports he’s received “low quality claims” that will be “time-consuming” to sort through.
Sloan’s TelexFree trial delayed again due to attorney hospitalization
Faith Sloan’s TelexFree trial looks set to be delayed for a second time. The first delay occurred due to President Trump’s government shutdown. Now a second delay looks likely due to Sloan’s attorney being hospitalized for medical complications.
Eight TelexFree condos recovered from Carlos & Priscilla Costa
As per an agreed settlement, Carlos Costa and his wife are set to surrender eight condominiums to the TelexFree Trustee.
Default entered against Matt Lloyd and MOBE related entities
Following a Motion for entry of clerk’s default by the FTC on February 1st, default has been entered against Matt Lloyd, MOBE and several MOBE related entities.
Lyoness loses second Norway appeal, permanently banned nationwide
The Norwegian Gaming Board has rejected Lyoness’ second appeal, resulting in the Ponzi scheme being permanently banned in Norway.
Fabio Wanzeler claims addendum added to his TelexFree settlement
Fabio Wanzeler, brother of TelexFree owner Carlos Wanzeler, is unhappy with his TelexFree settlement. The settlement saw Wanzeler surrender two properties to the TelexFree Trustee, to settle $633,578 Wanzeler received as a TelexFree net-winner. Wanzeler signed off on the settlement last November but now claims the Trustee added an addendum, which he never agreed to.
SEC files for default judgment against DFRF Enterprises
In what is essentially a continuation of litigation prior to the 2015 case freeze, the SEC has filed a renewed default judgment motion against DFRF Enterprises. In their February 1st motion the SEC argues that DFRF Enterprises is in default, because Daniel Filho filed a response to their original compliant on behalf of the company.
