Frank Schneider loses OneCoin extradition appeal
OneCoin fraudster Frank Schneider has lost his appeal against extradition to the US.
MLM @ BehindMLM
AIM Global scammers arrested in Uganda for taking hostages
Fifteen AIM Global sammers have been arrested for human trafficking. Following a raid on a hotel in Masaka City, Ugandan authorities rescued 307 hostage victims.
Steinkellers delay Italian OneCoin criminal proceedings
The Steinkeller brothers have delayed the Italian OneCoin criminal case. At a hearing aimed at separating Ruja Ignatova’s case, the Steinkeller’s attorney raised an objection over wiretapping.
36 arrested in Ghana for “network marketing scamming”
Immigration officials in Ghana have arrested 36 scammers, accused of participating in a recruitment sweatshop. As reported by My Joy Online on October 6th; Most of the suspects are West African nationals alleged to have arrived in Ghana under the pretext of securing jobs in different companies. They were later recruited to engage in network [Continue reading…]
QNet pyramid scheme fraud warning from Russia
QNet has received a pyramid scheme fraud warning from Russia. As per the Central Bank of Russia’s October 6th warning, QNet exhibits “signs of a financial pyramid” scheme.
EmpiresX SEC & CFTC cases stayed pending Hague service
Both the SEC’s and CFTC’s civil cases against EmpiresX and its owners have been administratively stayed.
Luiz Capuci Jr. upset SEC pursuing him in Brazil
Upon learning of an investigation into his Ponzi scheme Mining Capital Coin, Luiz Capuci Jr. abandoned his life in the US and fled to Brazil. It was a calculated move, with Capuci believing Brazil’s policy of not extraditing its citizens would protect him from justice. Unfortunately that hasn’t quite panned out. While the DOJ’s criminal [Continue reading…]
Validus securities fraud warning from New Zealand
Validus has received a securities fraud warning from New Zealand’s Financial Markets Authority (FMA). In their September 15th warning, the FMA advises they
Tupperware fined $900K for Fuller Mexico autoship fraud
The Mexican division of House of Fuller has been fudging its autoship sales orders. In August 2021 parent company Tupperware disclosed the fraud in an SEC filing. This prompted the SEC to open an investigation.
Joseph Cammarata bails on iGenius’ NDAU, “too volatile”
One of Joseph Cammarata’s initiatives as Investview’s CEO was integrating it into iGenius’ MLM opportunity. To that end the company put out a June 2021 press-release; Investview … is shifting its attention to ndau. The company, which has seen new highs in monthly gross revenues and net profits in Q1 2021, is betting on ndau [Continue reading…]
