MLM @ BehindMLM

Simon Stepsys, a notorious Ponzi scammer from the UK, has pled guilty to tax fraud. As per a case brought by the UK’s Insolvency Service, Stepsys’ tax fraud related to Simon Stepsys Success International.

Former Investview CEO Joseph Cammarata’s SEC civil fraud case has been reopened. The case, in which Cammarata is alleged to have misappropriated “at least $40 million” through recovery scams, was stayed back in February pending the outcome of parallel criminal proceedings.

A top EverFX executive has been arrested in Spain. Spanish authorities accuse the CashFX Group linked broker of “stealing billions of euros from hundreds of thousands of investors”.

Christopher Hamilton’s OneCoin money laundering indictment has been unsealed. Originally filed back in March 2019, Hamilton’s indictment details two counts of fraud.

The SEC is going after the BitCoiin Ponzi scheme’s Compliance Officer and a purported legal advisor. After receiving permission from the court (the case is currently stayed), the SEC filed an amended complaint naming Keith Gooselaw and Jeffrey Gold as additional defendants.

Infinity2Global executive Doyce Barnes has been sentenced to four years in prison.

The third indicted Forcount Ponzi scammer has been arrested. Antonia Perez Hernandez was arrested in Florida on December 16th.

Validus has received a fraud warning from Belgium’s Financial Services and Markets Authority. As per the FSMA’s December 14th warning;

Karl Sebastian Greenwood has pled guilty to OneCoin related wire fraud and money laundering charges.

USFIA founder Steve Chen has died in prison. Following a guilty plea entered back in 2020, Chen was sentenced to to ten years in prison in 2021.