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Prelim injunction granted against 8 Figure Dream Lifestyle scammers

Following an eleventh hour stipulation by the FTC and 8 Figure Dream Lifestyle defendants, a preliminary injunction has been granted.

Valentus SlimRoast coffee tests positive for amphetamines

Feeling perked up after a cup of Valentus’ SlimRoast coffee? Turns out that might not just be a caffeine rush you’re feeling…

FTC denied default judgment against MOBE corporate defendants

Back in February default was entered against Matt Lloyd and the MOBE corporate defendants. Citing communication misunderstandings, Lloyd managed to get his entry of default set aside in April. Default against the MOBE corporate defendants still stood however, prompting the FTC to file for default judgment in early May. In a July 1st order the [Continue reading…]

Mark Scott using document privilege to waste time in OneCoin case

Mark Scott’s attempts to hide evidence from the government continues… At issue now are documents Scott claims are privileged, despite having been cleared by an independent taint team.

CryptoBit securities fraud cease and desist issued in Massachusetts

The Massachusetts Securities Division has issued a securities fraud cease and desist against CryptoBit and one of its executives.

8 Figure Dream Lifestyle defendants denied living expenses carveout

On July 2nd the 8 Figure Dream Lifestyle defendants sought relief from a court-ordered asset freeze. The defendants argued that their use of the frozen assets to pay lawyers and personal expenses outweigh(ed) any public interest in preserving frozen assets for deceived consumers. Not surprisingly, the motion was denied.

Monique Vaughn sentenced to three years probation

Monique Vaughn, wife of Wakaya Perfection Founding Ambassador Andre Vaughn, has been sentenced to three years probation.

USFIA Receiver recovers $186,628 from Maria Wei Wang Shu

The USFIA Receiver has sought approval of a settlement with Maria Wei Wang Shu. Shu was the recipient of a property purchased by a related USFIA entity.

Approval to sell Zeek Rewards net-winner judgments sought

Rather than waste time chasing down Zeek Rewards scammers to collect judgment, the Receiver has opted to sell net-winner judgments to a third-party.

OneCoin scammers hold event in Italy, authorities make arrests

OneCoin scammers in Italy held an event in Verona over the past few days. As those in attendance arrived at the airport to leave Italy after the event, authorities swooped in and made several arrests.