regulation @ BehindMLM

CryptoProgram’s Ed Zimbardi under investigation in Georgia

Serial securities fraud recevidist Ed Zimbardi is under investigation in Georgia. As reported by WSB-TV on February 1st;

MTI net-winners subject to BTC clawbacks (and it’s a mess)

Thus far Mirror Trading International liquidation proceedings are seemingly unable to be anything but confusing across all aspects. How MTI net-winner clawbacks are being handled is of course no exception.

Xaindex securities fraud warning from Australia

Xaindex has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC). As per ASIC’s January 2nd warning, Xaindex

Altera Global “suspected scam” warning from NZ

Altera Global has been labelled a “suspected scam” by New Zealand’s FInancial Markets Authority. As per the FMA’s January 26th alert;

SKP Mine Ponzi fraud warning from Philippines

SKP Mine, aka SK Pools Mining Corporation, has received a securities fraud warning from the Philippines. As per the Philippine SEC’s January 31st warning;

Titan Capital Markets Ponzi fraud warning from Philippines

Titan Capital Markets has received a securities fraud warning from the Philippines. As per the Philippine SEC’s January 12th warning;

SEC opts to dismiss iX Global case after internal review

In light of date errors made in presenting its case, the SEC has opted to voluntarily dismiss securities fraud proceedings against iX Global and Debt Box. The revelation was made in a January 30th surreply filing, made in response to why the SEC shouldn’t be sanctioned.

Brenda Chunga’s HyperFund criminal plea deal

Criminal charges were filed against HyperFund Ponzi promoter Brenda Indah Chunga on January 9th, 2024. The previous month, Chunga, aka Bitcoin Beautee, signed a plea deal with the DOJ on December 17th. Chunga has been charged with conspiracy to commit securities and wire fraud. This is acknowledged and accepted as fact in Chunga’s plea agreement.

Rodney Burton arrested en route to Dubai, denied bail

Following unsealing of Rodney Burton’s HyperFund criminal case, details of his arrest have been made public. While we knew Burton was arrested in Florida on January 4th, what we didn’t know is Burton was arrested at the airport… with a one-way ticket to Dubai.

Joseph Cammarata’s SEC judgment tops $50.4 million

Joseph Cammarata has had Final Judgment entered against him in his SEC case. As per the January 23rd order, the former Investview CEO is up for $50.4 million in disgorgement.