MLM @ BehindMLM

Indian authorities have frozen $16 million tied to QNet. The freeze order is part of a new QNet criminal case, initiated in Hyderabad on March 23rd. The new criminal case follows a fire at a QNet sweatshop in Swapnalok Complex on March 17th, which claimed the lives of five promoters.

Prolific MLM crypto Ponzi admin Ryan Mark Ginster has been sentenced to 27 months in prison. Ginster’s sentence was handed down following a entry of a guilty plea last December.

The SEC has been granted permission to serve EmpiresX fugitives Emerson Pires and Flavio Goncalves via email.

Swedish authorities raided Crowd1’s corporate offices last November. The previously unreported news was disclosed in a recent episode of Svenska Dagbladet’s paywalled Blenda podcast.

The Financial Supervision Authority of Norway (Finanstilsynet), has issued an investment fraud warning against Be. As per Finanstilsynet’s March 23rd warning;

Maxpread Technologies has received a pyramid fraud warning from Russia. As per the Central Bank of Russia’s March 24th warning, Maxpread Technologies shows “signs of a financial pyramid” scheme.

A $79 million final judgment has been entered against John Barksdale and sister Jonatina. The Barksdale’s judgment follows a March 7th motion for default judgment by the SEC.

Irina Dilkinska was OneCoin’s Head of Legal and Compliance. She worked closely with founder Ruja Ignatova and other OneCoin executives. Dilkinska was secretly arrested in Bulgaria back in 2021. She was finally handed over to US officials on March 20th. They promptly put Dilkinska on a plane, and she touched down in the US on [Continue reading…]

OnmaxDT has been certified an illegal pyramid scheme by the Central Bank of Sri Lanka (CBSL).

Karatbars International, Karatbit Exchange and V999 have received securities fraud warnings from Alberta, Canada.