regulation @ BehindMLM

OneCoin’s Irina Dilkinska consents to $111 mill judgment

OneCoin’s Irina Dilkinska has consented to a $111,440,000 monetary judgment. The judgment follows Dilkinska’s guilty plea last month.

SEC facing sanctions for incorrect dates in iX Global case

The SEC has been ordered to explain why it shouldn’t be sanctioned in the ongoing Debt Box & iX Global case. As noted by the court, at the hearing to dissolve the TRO (the TRO was dissolved in October), the court highlighted several of the Commission’s representations supporting the TRO Application the court believed were [Continue reading…]

Nimbus Platform’s Andrea Zenon arrested in Spain

Nimbus Platform’s Andrea Zenon has been arrested by Spain’s Civil Guard. Zenon’s December 1st arrest follows an investigation into Nimbus Platform by the Central Operation Unit, which determined around 112 million euros in consumer losses.

Dennis Dvorin sentenced to 12 months for I2G Ponzi fraud

Infinity2Global Ponzi promoter Dennis Dvorin has been sentenced to 12 months in prison. Dvorin’s sentence was handed down on November 22nd, following a November 17th guilty plea to one count of securities fraud.

FVP Trade securities fraud warning from Australia

FVP Trade has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC). As per ASIC’s November 8th warning, FVP Trade

Daisy Global securities fraud warning from BC, Canada

Daisy Global has received a securities fraud warning from the British Columbia Securities Commission (BCSC). BCSC cites Daisy Global as

Liyeplimal securities fraud warning from ON, Canada

Liyeplimal has received a securities fraud warning from the Ontario Securities Commission (OSC). The OSC issued five Liyeplimal fraud warnings on November 27th, pertaining to Liyeplimal, Global Investment Trading, Simtrex Commercial Brokers, SimbCoin and LimoCoin.

GSPartners ban in BC, Canada extended for “up to a year”

The British Columbia Securities Commission (BCSC) has extended its GSPartners ban for “up to one year”. The ban also specifically applies to GSPartners promoters Haidy Nitsa Nakos (Vancouver), Tanya Sue Cloete and James Bruce Gardiner (Maple Ridge).

Redwood’s Jason Cardiff arrested on multiple counts of fraud

Redwood Scientific Technologies owner Jason Edward Thomas Cardiff has been arrested. Cardiff’s arrest was on November 26th, following his indictment under seal in March 2022 (not a typo). After his arrest, Cardiff’s indictment was unsealed on November 27th. In relation to the Redwood Scientific Technologies civil fraud case the FTC filed in 2018, Cardiff has [Continue reading…]

Inside Florida’s undercover investigation into GSPartners

Florida’s November 17th GSPartners securities fraud cease and desist order comes in at two hundred and eighty-six pages. Thankfully most of that is evidentiary exhibits of GSPartners’ alleged fraud. What the order also contains though is two affidavits from Florida’s Office of Financial Regulation’s agents, detailing undercover investigations into GSPartners. So far BehindMLM has documented nine [Continue reading…]