MLM @ BehindMLM

GSPartners has received a securities fraud cease and desist order from Mississippi. The December 6th order also applies to GSPartners’ owner Josip Heit, and local Mississippi promoter Richard L. Shoto.

Two weeks after the Ponzi scheme collapsed, the UK has finally issued an ITP Corp securities fraud warning. As per the FCA’s December 5th warning, ITP Corp

OneCoin’s Irina Dilkinska has consented to a $111,440,000 monetary judgment. The judgment follows Dilkinska’s guilty plea last month.

The SEC has been ordered to explain why it shouldn’t be sanctioned in the ongoing Debt Box & iX Global case. As noted by the court, at the hearing to dissolve the TRO (the TRO was dissolved in October), the court highlighted several of the Commission’s representations supporting the TRO Application the court believed were [Continue reading…]

Nimbus Platform’s Andrea Zenon has been arrested by Spain’s Civil Guard. Zenon’s December 1st arrest follows an investigation into Nimbus Platform by the Central Operation Unit, which determined around 112 million euros in consumer losses.

Infinity2Global Ponzi promoter Dennis Dvorin has been sentenced to 12 months in prison. Dvorin’s sentence was handed down on November 22nd, following a November 17th guilty plea to one count of securities fraud.

FVP Trade has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC). As per ASIC’s November 8th warning, FVP Trade

Daisy Global has received a securities fraud warning from the British Columbia Securities Commission (BCSC). BCSC cites Daisy Global as

Liyeplimal has received a securities fraud warning from the Ontario Securities Commission (OSC). The OSC issued five Liyeplimal fraud warnings on November 27th, pertaining to Liyeplimal, Global Investment Trading, Simtrex Commercial Brokers, SimbCoin and LimoCoin.

The British Columbia Securities Commission (BCSC) has extended its GSPartners ban for “up to one year”. The ban also specifically applies to GSPartners promoters Haidy Nitsa Nakos (Vancouver), Tanya Sue Cloete and James Bruce Gardiner (Maple Ridge).