MLM @ BehindMLM

Mohammed “Moe” Diab and Amy Rountree have pled guilty to Allied Wallet fraud charges.

Details of how the SEC intends to handle victim restitution have been revealed in Jean Martin Zizi’s NovaTech FX settlement.

The SEC has filed suit against NovaTech FX’s founders and several top promoters. As per the federal regulator’s August 12th filed lawsuit, Cynthia and Eddie Petion ran a $650 million plus Ponzi scheme. In addition to NovaTech FX’s Petion co-founders, the SEC has also sued promoters Martin Zizi, Dapilini Dunbar, James Corbett, Corrie Sampson, John [Continue reading…]

Seven years after she disappeared, Bulgarian authorities have indicted OneCoin founder Ruja Ignatova.

GSPartners and twenty other Josip Heit associated companies have received a securities fraud warning from the Bahamas. As per the Securities Commission of the Bahamas’ August 7th Public Notice; It has come to the attention of the Commission that an entity called GSB GOLD STANDARD BANK LTD. (GS PARTNERS) doing business as (d/b/a), SWISS VALOREM [Continue reading…]

CFX Legacy has been added to the UK’s CashFX Group securities fraud warning. CFX Legacy, operating from the domain “cfxlegacy.com”, emerged as a CashFX Group Ponzi spinoff mid 2023.

We Are All Satoshi and Boomerang Trade have received fraud warnings from New Zealand’s Financial Markets Authority (FMA). In two published August 7th warnings, the FMA warns that We Are All Satoshi and Boomerang Trade are

Robert William Shafer has settled Blueprint to Wealth fraud charges with the FTC. As part of his filed August 2nd settlement, Shafer will be held jointly liable for $7.5 million. Other conditions imposed on Shafer include:

Financial Education Services (FES) has settled fraud charges brought about by the FTC. On August 5th, a Michigan District Court ordered FES permanently closed and awarded the FTC a $324 million judgment.

Andreas Szakacs, co-founder of the OmegaPro Ponzi scheme, appears to have been arrested in Turkey.