MLM @ BehindMLM

On top of the Traffic Monsoon Ponzi civil case, Charles Scoville was arrested and criminally charged back in June. Scoville’s criminal case stems from alleged child sexual abuse in 2007. Specifics of the case are unknown and have not been made public. In any event rather than defend the charge, Scoville has pleaded guilty to [Continue reading…]

Regulatory notices concerning Skyway Capital have been published by regulators in Germany and Greece.

Three years. If you’re wondering how long it might take the SEC to catch up with your multi-million dollar MLM Ponzi scheme… three years. Eric J. Dalius launched the Saivian Ponzi scheme in 2015. Likely due to his past indictment and conviction for wire and mail fraud, for the first year of Saivian’s operation Dalius [Continue reading…]

AWS Mining has been served a securities fraud cease and desist by the Texas State Securities Board. Named as respondents to the notice are AWS Mining and AWS Elite co-founders Daniel Beduschi and Alexandre Campos Jessica Nunes Sivirino, cited as an executive of AWS Mining Josiah Kostek, cited as CMO of AWS Mining MyCoinDeal, cited [Continue reading…]

TelexFree co-owner Carlos Wanzeler’s brother, Fabio Wanzeler, was a net winner in the $3 billion dollar Ponzi scheme. Fabio Wanzeler profited some $633,578 off of TelexFree victims. His wife, also an investor, wound up losing $7000. Not surprisingly, the net-winner status of Fabio Wanzeler and his wife saw them face clawback litigation from the court-appointed [Continue reading…]

Following on from a claims meeting held in mid October, a further deadline extension till January 9th has been approved.

In an attempt to retain almost a million dollars fraudulently obtained through MOBE, Peoples Trust in Canada decided the preliminary injunction didn’t apply to them. This prompted a lawsuit against Peoples Trust by the MOBE Receiver, which is currently playing out in the Superior Court of Quebec.

Poland has stepped up its criminal investigation into DasCoin, following the seizure of 44 million PLN ($11.6 million USD) in stolen Ponzi funds.

Thailand’s SEC has issued an investor warning against OneCoin and Orientum. No digital asset issuer is permitted. No one has filed an application for a license and (details of their business) model with the SEC, so (we are) warn(ing) investors to be cautious. According to the regulator neither company has registered to offer securities in Thailand, [Continue reading…]

Despite all sorts of nonsensical reports coming out of the OneCoin affiliate-base, the German criminal investigation into OneCoin is still very much active.