MLM @ BehindMLM

Former Investview CEO Joseph Cammarata has been hit with a superseding indictment. The indictment is dated September 8th, and adds wire fraud and money laundering charges to Cammarata’s alleged rap sheet.

The SunSolar “click a button” app Ponzi has collapsed. SunSolar affiliates began reporting withdrawal problems a few weeks ago. It appears not every withdrawal was blocked, suggesting SunSolar was being selective about who could withdraw. SunSolar responded to withdrawal complaints with a message “swearing to Jesus” that withdrawals were still open.

California’s Department of Financial Protection & Innovation has issued cease and desists to ten MLM crypto Ponzi schemes.

Luiz Capuci and Emerson Pires are selling off real-estate assets in Florida. The assets are frozen as per a Mining Capital Coin injunction, granted to the SEC in June. Now the SEC has moved for contempt against both Defendants.

Matthew Goettsche was a key figure behind BitClub Network, a $722 million dollar Ponzi scheme. Following Goettsche’s arrest in 2019 he pled not guilty. Goettsche was deemed a flight risk though and ordered into custody. Following failed plea agreement negotiations, Goettsche appealed his detention and a $20 million bond was set in December 2020. Goettsche [Continue reading…]

The Future Trade has received a securities fraud warning from Belgium’s Financial Services & Markets Authority.

Skyway Capital has been banned in Italy for securities fraud. As per a bulletin issued by CONSOB on September 21st;

The TelexFree Receiver has sent out an email detailing a second distribution to valid claim holders.

Blessings In No Time owners LaShonda Moore and Marlon Moore have asked for protection against FTC depositions.

BitConnect’s Glenn Arcaro has been sentenced to 38 months in prison (just over 3 years).