regulation @ BehindMLM

On January 13th, as part of a TRO granted to the FTC, the court appointed a Success By Health Receiver. On February 10 the Receiver filed her first report on the business.

A February 21st order has revealed a decision on the Success By Health preliminary injunction is likely next week. The note was part of an order granting Success By Health’s motion to supplement the record:

Just days after the Supreme Court rejected his citizenship appeal, Brazilian authorities have arrested Carlos Wanzeler. Things are moving far more quickly than anticipated.

USFIA founder and owner Steve Chen, aka Li Chen and… the “Boss”, has agreed to plead guilty to conspiracy to commit wire fraud and tax evasion.

About a week ago we noticed a bond hearing schedule appear on Mark Scott’s OneCoin case docket. What the hearing pertains to or why it was scheduled was not disclosed. We’re still not 100% sure why the hearing has been called, but a recent filing suggests the DOJ is pushing for changes to Scott’s current [Continue reading…]

The transcript of Mark Scott’s October 28th pre-trial conference hearing has been made public. A lot of the eighty-three page transcript is procedural, however there were some interesting tidbits in it. Note that not everything below is new information. What is new is grouped with some of what we already knew, which hopefully still makes [Continue reading…]

Carlos Wanzeler has lost his citizenship appeal, finally paving the way for extradition to the US.

Federal police have launched an investigation into how Sann Rodrigues managed to flee Brazil in 2015.

Following an internal investigation, the Philippine SEC has concluded Toga Limited is committing securities fraud. Accordingly, Toga Limited’s Philippine SEC registration has been revoked.

Two developments in Mark Scott’s OneCoin case. One interesting, the other disappointing.