regulation @ BehindMLM

BOI employees screw DOJ on OneCoin testimony

One of the objections Mark Scott raised against the DOJ providing witness testimony via CCTV was the timing. Mr. Scott and his counsel cannot take a multiday trip to Ireland (which Mr. Scott too would be entitled to attend) while also preparing for a trial the Government has consistently sought to delay. In an October [Continue reading…]

Riway issued Purtier cancer cure warning in Singapore

Riway has a disturbing past of marketing its Purtier product as a cure for, among other things, depression, diabetes, arthritis, psoriasis, leukemia, infertility, cancer (stages one through four), multiple sclerosis and slipped discs. For its part Riway doesn’t appear interested in policing medical claims made by its affiliates. Now, claims that Purtier can cure cancer [Continue reading…]

Vietnamese OneCoin scammer arrested in Thailand

A top Vietnamese OneCoin promoter has been arrested attempting to leave Thailand.

DOJ able to use OneCoin insider attorney communications

On September 25th a court order gave OneCoin insiders the courtesy of asserting communications with their attorneys were privileged. The insiders had ten days to file their assertions. An October 9th order reveals none of them did, meaning the DOJ now has full access to a treasure trove of OneCoin insider communications.

Traffic Monsoon SCOTUS writ to be decided on November 1st

On October 9th Charles Scoville has filed his reply to the SEC’s opposition brief. That same day Scoville’s Traffic Monsoon Supreme Court writ was marked as distributed. Whether the case will be heard by the Supreme Court is set to be decided via a scheduled November 1st conference.

Default judgement sought against Filho & DFRF defendants

Daniel Filho might have dodged prison time but the SEC aren’t letting their civil case go. In a September 25th Motion for Default Judgement, the SEC seek to hold Filho accountable for $10.2 million dollars.

Bank fraud added to Mark Scott’s OneCoin indictment

A superseding indictment has added one count of Conspiracy to Commit Bank Fraud against Mark Scott.

AdvoCare CEO denies FTC allegations, settlement violation?

In an internal email sent out to distributors, AdvoCare CEO Patrick Wright has categorically denied the FTC’s allegations. As per the settlement reached between the two parties, AdvoCare ‘waive(s) all rights to appeal or otherwise challenge or contest the validty of (the court’s) order‘.

Three new QNet arrests, eBiz asset seizures in India

The Indian regulatory crackdown on QNet continues, following three new arrests by the Odisha EOW. Properties connected to QNet and eBiz in Hyderabad have also been seized.

AdvoCare pyramid scheme busted by FTC, fined $150 million

Back in May AdvoCare announced it was terminating its MLM opportunity. According to the company, the decision was made following “confidential talks with the FTC”. Today the FTC finally revealed that AdvoCare had been investigated and found to be a pyramid scheme.