regulation @ BehindMLM

Three Crowd1 scammers have been sentenced to prison by Sweden’s Stockholm District Court. Swedish authorities took action and raided Crowd1’s Swedish offices in November 2022. The raid resulted six arrests on corporate money laundering criminal charges: Jens Lennart Lorentsson Anneli Carina Lundell Conny Tore Otteland Ann-Christine Sigvardsson Nils Johan Anders Westerdahl (right) and Natalie von [Continue reading…]

Top Traders Domain Ponzi promoter Holton Buggs has consented to surrender multiple assets to a court-appointed Receiver. Following sanctions for non-cooperation in February, Buggs’ asset settlement was filed on June 2nd.

In order to avoid publishing multiple articles with respect to changing GSB & Apertum Texas fraud case scheduling, this article will be updated with the latest on both proceedings.

BitClub Network Ponzi scammer Joby Weeks has spent $40,000 lobbying the US Senate, House of Representatives, DOJ and White House. A public disclosure filing, covering January to March 2025, reveals Weeks hired JM Burkman & Associates to lobby on his behalf.

A Spanish court has sentenced GetEasy’s Tiago Fontoura Miranda to ten and a half years in prison. GetEasy was a 2014 MLM Ponzi scheme built around a “GPS tracker” ruse. GetEasy represented it was based out of Macau but was operated from Europe.

The Namibian High Court has ruled that the Bank of Namibia was justified in investigating Coenie Botha’s CBI Global Ponzi scheme.

Authorities in Vietnam have busted the Bitney MLM scheme, which is claimed to have had almost 200,000 promoters. In addition to operating as a pyramid scheme, Bitney also marketed a juice laced with erectile disfunction medication.

A May 23rd court ruling has certified Jason Cardiff flouting court orders will see acquaintances forfeit over half a million dollars.

The Ame Global MLM Ponzi scheme has been busted by Vietnamese authorities. Following registration of a criminal case, involving over 9000 investors, Vietnamese authorities announced they’d “dismantled” Ame Global earlier this week.

On May 15th Iyovia emailed promoters to advise it was abandoning its MLM opportunity on May 23rd. BehindMLM covered this development on May 22nd. Within hours of our article going live, Iyovia advised promoters it is “officially suspending operations”.