MLM @ BehindMLM

In 2021 CashFX Group solicited $432 million from gullible investors, just shy of half a billion. In 2022 that amount has dropped to $112 million. On a macro level that might sound salvageable… until you consider that for October 2022, CashFX Group took in less than a million dollars.

Joseph Cammarata has been found guilty in connection to a securities fraud scheme.

Trade Coin Club’s owner, Director and two US-based promoters have been sued by the SEC. Defendants Douver Torres Braga, Joff Paradise, Keleionalani Akana Taylor and Jonathan Tetreault, are alleged to have stolen almost $300 million from consumers.

Despite an endorsement from corrupt government officials, Ghana’s Attorney-General Godfred Dame has prevailed against QNet. In an only recently reported on July 2022 judgment, QNet has been ordered to get out of Ghana.

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”.