MLM @ BehindMLM

Authorities in Switzerland and Austria have issued investment warnings against AladinCoin.

Over four years since the SEC filed suit against Faith Sloan, a trial date has now been set.

Authorities in the Dominican Republic have arrested Andre Feitosa, citing him as President of of MoneyFree Club.

A top Indian BitConnect investor was arrested at Delhi airport on Saturday. Divyesh Darji was apprehended following a look-out notice issued as part of an ongoing investigation.

Since the appointment of the MOBE Receivership, the Receiver has been approached by a wide-range of victims. Virtually all of the consumers with whom the Receiver has communicated did not earn back the amounts they paid to purchase MOBE memberships. One specific example cited in the Receiver’s Initial Report is a Catholic nun, who purportedly [Continue reading…]

New Zealand’s Financial Markets Authority has issued an investment warning against USI-Tech. Better late than never?

In an attempt to gut the DOJ’s criminal case against him, Richard Maike claims recordings of incriminating webinars are illegally obtained wiretaps. If that sounds ridiculous… it’s because it is.

iCenter are claiming on their website that Genesis Mining is an “unofficial partner”. Putting aside what that even means for just a moment, Genesis Mining have responded by confirming “no partnership” exists.

A request from Qualpay to keep $6.3 million stolen from MOBE victims has been denied. The TRO in place against MOBE requires all funds related to the fraudulent business be turned over. Rather than hand over the $6.3 million it processed for MOBE, Qualpay instead sought an exemption from the TRO. The processor argued that [Continue reading…]

Authorities in Russia and Kazakhstan are continuing to investigate the fallout of the collapsed Five Winds and Atlantic Global Asset Management Ponzi schemes.