MLM @ BehindMLM

Gustav Poola and Gilbert Pardla have been confirmed as the two unnamed DagCoin arrestees. Along with DagCoin founder Nils Grossberg and insider Kris Ress, Pardla and Poola were arrested last month by Estonian authorities.

The FTC v. Neora trial kicked off on October 17th and has been playing out. The FTC filed suit against Neora (then Nerium) back in 2019. The regulator alleges Neora is a pyramid scheme.

FutureNet co-founder Roman Ziemian has been arrested in Italy. Italian authorities dragged Ziemian from a podium win, cup in hand and still in his racing kit, on a South Korean arrest warrant.

PGI Global’s UK shell company has been shut down by the High Court. As per a September 13th order, PGI Global UK Ltd has been “wound up” and subject to liquidation.

NovaTech FX has received a securities fraud warning from the British Columbia Securities Commission. As per the BCSC’s October 11th warning;

Vladimir “Lado” Okhotnikov has secured representation against the SEC. As a result, the previously entered Entry of Default has been “exited”.

Golden Way has received a pyramid fraud warning from Russia. As per the Central Bank of Russia’s October 26th notice, Golden Way exhibits “signs of a financial pyramid”.

Sailesh Pandey, alleged to be a key IX Global Ponzi insider, was arrested by Indian authorities on October 21st. Pandey, with assistance from brothers Arvind and Rohit, stands accused of laundered over $9 million in stolen funds.

Success Factory has received a pyramid scheme fraud warning from Bermuda. As per the Bermuda Police Service’s April 15th warning, the department

Success Factory’s offices in the Netherlands were raided last Tuesday. FIOD, who investigate financial crimes in the Netherlands, conducted the raid on behalf of Estonian authorities.