MLM @ BehindMLM

As part of civil liquidation proceedings, the High Court of South Africa has ruled Mirror Trading International was a Ponzi scheme.

The CFTC has secured a $3.4 billion default judgment against Mirror Trading International CEO Johannes Steynberg. The judgment makes Mirror Trading Trading International the biggest CFTC fraud case ever involving bitcoin.

Earlier this week we reported on the arrest of BitRobot admin Claude Barthelemy. BehindMLM can now confirm Arnaud Racine’s arrest in Belgium.

Mitotic Money has received a pyramid fraud warning from the Central Bank of Russia. As per the CBR’s February 7th, 2023 warning, Mitotic Money exhibits “signs of a financial pyramid”.

GSPartners and 52 website domains associated with it have received securities fraud warnings from Quebec’s Autorite des Marches Financiers.

BitRobot admin Laurent Myriam Claude Barthelemy has been arrested in Brazil.

Be has received a pyramid fraud warning from the Central Bank of Uruguay. As I understand it Be is promoted in Uruguay and possibly other South American countries as “Sky Team Experience”.

Joshua David Nicholas has copped a $300,026 judgment in the SEC’s EmpiresX civil fraud case. As per an April 19th order approving Nicholas’ Consent Judgment;

Maxpread Technologies and suspected co-owner Jan Gregory Cerato have received a securities fraud warning from California’s DFPI. As per an April 19th order, Maxpread Technologies and Cerato have been accused of securities fraud. Effective immediately, Maxpread Technologies and Cerato have been ordered to cease doing business in California.

Yas Casetellum’s Tin Quoc Tran is on the run after learning of a pending CFTC action against him. Notwithstanding, the regulator believes Tran is aware of the lawsuit and has requested permission to proceed anyway.