USFIA victim claim distribution payments approved
Following an agreement reached with the IRS, the USFIA Receiver has secured authorization to send out USFIA victim distribution payments.
Following an agreement reached with the IRS, the USFIA Receiver has secured authorization to send out USFIA victim distribution payments.
EminiFX founder Eddy Alexandre’s arraignment and pre-trial conference was held on June 16th. Alexandre pled not guilty to one count of commodities fraud and one count of wire fraud.
If screenshots posted by accomplice CEO Michel Daher are to be believed, the Australian Securities and Investment Commission aren’t happy with Metafi Yielders.
Mined has received a securities fraud warning from the Central Bank of Uruguay (BCU). BCU is Uruguay’s top financial regulator.
The CFTC has secured a preliminary injunction agreement with EminiFX owner Eddy Alexandre. The proposed injunction, which awaits approval from the court, was filed on June 14th.
Nineteen Decentra promoters have been arrested in the Philippines. The arrests preceded a securities fraud warning issued against the Ponzi scheme on June 13th.
The Prosperity Grid has received a pyramid scheme fraud warning from South Africa’s Financial Sector Conduct Authority. The Prosperity Grid investigation was prompted by “several complaints received from the public”.
Decentra has received a securities fraud warning from the Philippines. As per the SEC’s June 14th warning; DECENTRA and its representatives, agents and individuals and groups of individuals acting on its behalf have been found to be offering unregistered securities to the public without the necessary authority or license issued by the Commission. The SEC [Continue reading…]
Coenie Botha’s latest legal grift in Namibia has seen him claim running his Ponzi scheme costs $62,150 a month. This is based on a March carve-out, which saw the Bank of Namibia required to unfreeze enough for CBI Global to meet its “day-to-day operations”. CBI Global is a collapsed MLM crypto Ponzi scheme run by [Continue reading…]
Emile Parfait Simb, owner of the Liyeplimal Ponzi scheme, was arrested in Cameroon last month. Cameroonian authorities apprehended Simb as he attempted to board a plane bound for Morocco. Despite being charged with “serious fraud”, Simb was released on condition he hand over his passport. Upon being released, Simb and his family promptly fled Cameroon. [Continue reading…]