MLM @ BehindMLM

Banker Quotes has received a securities fraud warning from New Zealand’s Financial Market Authority. As per the FMA’s December 12th warning;

Infinity2Global defendant Jason Syn has escaped prison time. Following a December 19th guilty plea entered on one count each of conspiracy to commit mail fraud and securities fraud, Syn was sentenced to three years probation.

iComTech promoter Marco Ruiz Ochoa has pled guilty to one count of Conspiracy to Commit wire fraud. Ruiz-Ochoa and several iComTech scammers were indicted in October 2022. Ruiz-Ochoa was arrested in November 2022.

UK authorities investigating the collapsed CashFX Group Ponzi scheme have completed their investigation. Essex Police have opted to drop the case, owing to there being “no evidence anyone in the UK has committed criminal offenses”.

Onewiex has received a securities fraud warning from Ontario, Canada. As per the Ontario Securities Commission’s December 14th warning

TriumphFX has received two securities fraud warnings from Ontario, Canada. The Ontario Securities Commission issued separate warnings for TriumphFX and Triumph Int. on December 14th.

Daisy Global has received a second securities fraud warning from Canada. The Alberta Securities Commission added Daisy Global to its Investment Caution List on December 12th.

Serial MLM crypto Ponzi scammer Jeremie Sowerby has been indicted for a third time. On December 12th, Sowerby was indicted on charges related to Dunamis Global Technologies.

The ITP Corp “click a button” app Ponzi has received a securities fraud warning from Washington. In their December 15th warning, the Department of Financial Institutions (DFI) warns ITP Corp “appear(s) to be engaged in fraud”.

EXW Wallet co-founder Benjamin Herzog has pled guilty. Herzog’s guilty plea was entered mid-trial, following damning testimony from his ex-girlfriend,