regulation @ BehindMLM

YepBit has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC). ASIC added YepBit to its Investor Alert List on March 9th, 2026.

Washington’s Department of Financial Institutions (DFPI), has entered a summary order against BG Wealth Sharing and DSJ Exchange. DFPI’s May 26th order requires both companies to immediately cease and desist further violations of Washington’s Securities Act.

Riscoin has received a cease and desist from the Philippine SEC. The SEC’s May 21st order names Riscoin, Riscoin Exchange, Riscoin Trading, League of Seagull and Seagull Alliance as respondents.

BG Wealth Sharing has received a cease and desist order from the Philippine SEC. The SEC’s May 20th order names BG Wealth Sharing and fictional CEO Stephen Beard as respondents.

The Alberta Securities Commission (ASC) has sent cease and desist notices to BG Wealth Sharing Ponzi promoters. As announced by ASC on May 25th;

A Singaporean Herbalife distributor who tortured his downline to death has been sentenced to 14 years and 11 months in prison.

The Assumption Parish Sheriff’s Office has issued a BG Wealth Sharing scam warning. Assumption Parish is a parish located in the US state of Louisiana. Population 21,039 as of the 2020 census.

Wanted EXW fugitive Manuel Batista has been sentenced to prison in Dubai. True to Dubai’s status as the MLM crime capital of the world, Batista’s Dubai sentence was not related to invested fraud.

Polar Tensor has received a securities fraud warning from the Alberta Securities Commission (ASC). As per ASC’s May 14th Polar Tensor fraud warning;

Legacy Group has received a securities fraud warning from Quebec’s Autorite des Marches Financiers (AMF). As per AMF’s May 21st Legacy Group fraud warning;