MLM @ BehindMLM

Douver Torres Braga, 48, has been indicted on Trade Coin Club related criminal charges. Braga owned Trade Coin Club but hid ownership by posing as its Master Distributor.

Generation Zoe Ponzi founder Leonardo Cositorto has been found guilty of fraud and criminal association. Cositorto’s verdict was handed down approximately an hour or so ago in a Goya courtroom. Upon hearing the verdict, Cositorto rose to his feet, pointed to the presiding Judge and started shouting.

The GSB settlement claims portal is live. From today, GSPartners victims from thirty-four US states and six Canadian provinces can file a claim.

The MLM publication BusinessForHome has been sold off to Armand Puyolt. Puyolt’s acquisition also brings with it several new editorial appointments.

A proposed EminiFX victim claim distribution plan has been approved. As per an order issued on January 21st, the EminiFX Receiver is authorized distribute recovered assets to victims of the scam.

Indian authorities have seized $19.5 million from QFX Trade scammers. The Times of India reports QFX Trade was a forex ruse Ponzi operating as BotBro, TLC Coin (not related to Total Life Changes) and Yorker FX.

Following an investigation that began in 2016, Norwegian authorities have laid charges against four Crypto 888 Club Ponzi scammers.

BitConnect founder and wanted fugitive Satish Kumbhani has been tracked to Ahmedabad, a city in the Indian state of Gujurat.

BitHarvest has received a pyramid fraud warning from the Central Bank of Russia (CBR). As per the CBR’s February 14th warning, BitHarvest exhibits “signs of a financial pyramid”.

The Traders Domain civil fraud trial has been scheduled for June 15th, 2026. Other recent updates in the CFTC’s The Traders Domain case include: