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Polish Traffic Monsoon scammer Piotr Chajkowski has settled clawback proceedings against him. In an April 10th filing, the Traffic Monsoon Receiver confirmed “the amount of $1,027,236.58, has been fully satisfied by payment of the full Settlement Amount”.

On the same day he was arrested, William Morro was arraigned before a Judge. At his arraignment Morro pled guilty to one count of conspiracy to commit bank fraud.

William Morro has been arrested on OneCoin money laundering charges. As per an April 23rd superseding indictment charging Morro with bank fraud;

Serial Ponzi promoter Shelley Cullen has been convicted of five violations of New Zealand’s Fair Trading Act. Cullen, who once declared she wanted to be “one of the biggest scammers in NZ”, is facing a fine of up to $600,000 NZD per violation.

Following their arrest in 2016, AlphaPool and Bonofa ringleaders Detlef Tilgenkamp, Thomas Kulla, Gernot Fuhr and Martin Böhm have received prison sentences.

As part of ongoing criminal proceedings against Sam Lee, Brenda Chunga and Rodney Burton, the DOJ is seeking HyperFund victim impact statements. Investors who lost money in HyperFund, Hyperverse and/or HyperNation are able to get further details from the DOJ’s website. HyperFund victim impact statements can either be mailed in or emailed (a PDF template [Continue reading…]

The GSPartners spinoff Billionico has received a securities fraud cease and desist from Texas. Named respondents in the Texas State Securities Board’s April 22nd emergency cease and desist order include:

OneCoin’s Mark Scott has secured release pending the outcome of his appeal.

The Alabama Securities Commission has sent out a questionnaire to GSPartners investors. Dated April 15th, the ASC’s questionnaire provides an opportunity for GSPartners investors to provide details pertaining to their individual circumstances. Oh, and the ASC also knows about Billionico…

Gregory Aggesen has pled guilty to conspiracy to commit wire fraud, conspiracy to commit money laundering through promotion and conspiracy to obstruct justice. The charges were filed against Aggesen in early 2022, as part of a group of indictments targeting EmpowerCoin, ECoinPlus and JetCoin scammers.