MLM @ BehindMLM

Dennis Dvorin has pled guilty to criminal charges related to the Infinity2Global Ponzi scheme. On November 17th, Dvorin pled guilty to one count of securities fraud.

A UK court has refused extradition of Christopher Hamilton to the US. Hamilton was indicted back in 2019. He stands accused of laundering over $100 million in stolen OneCoin Ponzi funds.

NovaTech FX and owners Cynthia and Eddie Petion have been charged with securities fraud in Washington. A cease and desist order and Statement of Charges was filed against NovaTech and the Petions on October 27th.

GSPartners has received a securities fraud cease and desist order from Wisconsin’s Department of Financial Institutions (DFI). As per a November 16th notice filed by DFI’s Securities Division, GSPartners has been engaging in an international scheme to illegally sell fraudulent investments. Its scheme is being driven by an international confederation of multilevel marketers that have [Continue reading…]

Kentucky’s Department of Financial Institutions has filed a lawsuit against GSPartners and owner Josip Heit. The lawsuit is the first step to obtaining a cease and desist order related to securities fraud.

GSPartners and three Canadian promoters have received a temporary order from the British Columbia Securities Commission. The order is part of a “coordinated U.S.-Canada enforcement action”, targeting GSPartners.

GSPartners has received a securities fraud desist and refrain order from California. The Department of Financial Protection and Innovation’s November 16th order names GSPartners, owner Josip Heit and executives Bruce Innes Wylde Hughes and Dirc Zahlmann as respondents.

GSPartners, owner Josip Heit, executive Bruce Hughes and several promoters have received a securities fraud cease and desist order from Alabama.

Washington’s Department of Financial Institutions has issued a fraud warning pertaining to GSPartners and owner Josip Heit.

GSPartners, owner Josip Heit and several executives have been issued an emergency cease and desist by the Texas State Securities Board (TSSB). The TSSB’s November 16th order names the following recipients;