As requested by the SEC, on April 2nd the court clerk recorded entry of default against Charles Scoville. Later that same day the SEC filed for default judgment.
regulation @ BehindMLM
Via a letter addressed to the court, David Pike’s attorneys have confirmed the OneCoin money launderer intends to plead guilty.
AirBit Club has been banned in Italy following a securities fraud warning issued by CONSOB. CONSOB is Italy’s SEC equivalent. The regulator issued a securities fraud warning against AirBit Club on March 30th.
Jason and Eunjung Cardiff have once again been found in contempt of court. Unfortunately due to the COVID-19 pandemic, the pair have been spared prison time.
If the company’s official Twitter account is to be believed, iPro Network is in the midst of pulling another exchange exit-scam. This is the same iPro Network that was sued by the SEC eleven months ago.
As part of an ongoing investigation, prosecutors in Tanzania have moved to recover $6.9 million in stolen OneCoin investor funds.
BitClub Network scammers Matthew Goettsche and Joby Weeks have been denied temporary release from prison. The pair had asked to be released based on “particularly harmful implications” related to the COVID-19 pandemic.
OneCoin money launderer Mark Scott has been released from prison. The decision was made on the basis of Scott’s current medical condition and concerns over the coronavirus pandemic.
The CFTC’s case against Control Finance CEO Benjamin Reynolds continues. Reynolds was served via notices placed in the Daily Telegraph newspaper. He’s unlikely to have seen them though, because Benjamin Reynolds doesn’t exist.
In what I imagine is going to become a frequently increasing occurrence, the scheduled FTC v. Redwood Scientific Technologies trial has been pushed back.