MLM @ BehindMLM

Beonbit has received a desist and refrain fraud order from California’s Department of Financial Protection and Innovation (DFPI). As per DFPI’s August 13th Beonbit order;

Ramil Ventura Palafox, founder of the PGI Global Ponzi scheme, has pled guilty to two counts of fraud. Palafox’s plea agreement was filed on September 16th and received court approval the same day.

Optimus VIP has received a desist and refrain fraud order from California’s Department of Financial Protection and Innovation (DFPI). As per DFPI’s August 13th Optimus VIP order;

Scott Lee Huss, aka Jryako (right), has been sentenced to 27 months in prison. Huss (right) was indicted under seal on multiple counts of fraud in February 2025. Huss’ criminal charges include wire fraud, mail fraud, money laundering and impersonating a foreign diplomat, consul or officer.

Fintoch has received a desist and refrain fraud order from California’s Department of Financial Protection and Innovation (DFPI). As per DFPI’s August 13th Fintoch order;

Since the cusp of the COVID-19 pandemic, Zinzino has been acquiring MLM companies at an impressive rate. Things started off slow back in 2019, but in the last year alone Zinzino has acquired no less than five MLM companies. What’s going on and how is Zinzino able to keep this going financially?

Nine promoters of the Coinplex Ponzi scheme have been arrested in Poland.

Another fifty-five victims of MLM human trafficking have been deported from Ghana.

Jobadiah “Joby” Weeks pled guilty to BitClub Network criminal charges in November 2020. Five years later, in a situation one assumes nobody is happy with, Weeks has yet to be sentenced. Back in May Weeks, who is currently on bail pending sentencing, received permission to relocate from Colorado to Florida. While in Florida, Weeks was [Continue reading…]

When the FTC filed an emergency motions seeking sanctions on August 28th, it accused Iyovia founder Christopher Terry of dissipating $9 million dollars. Prior to the granting of a preliminary injunction on August 12th, Terry transferred $9 million to Auspicious Irrevocable Trust (Auspicious). So the FTC argued, Iyovia funds were being dissipated through Auspicious in [Continue reading…]