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South African authorities confirm Crowd1 operating illegally

After doing nothing for almost a year while the Crowd1 Ponzi scheme spread like wildfire, South African authorities have clarified the company operates illegally. Well, sort of.

The unsealed BitClub Network fraud indictments

When news of the BitClub Network arrests broke last December, we learned that the grand jury indictments behind the arrest were under seal. And so they remained until all of the defendants were in custody. That condition was finally satisfied last week, following Russ Medlin’s arrest in Indonesia. With Medlin’s arrest came the unsealing of [Continue reading…]

Crowd1, OneLink & Vitae fraud warnings issued in Vietnam

Vietnam’s Competition and Consumer Protection Department has issued fraud warnings against Crowd1 and OneLink.

Crowd1 warning issued across Africa (investors mad)

A Crowd1 investment warning has been issued across Central Africa. In related news Crowd1 investors in South Africa are upset at the company’s latest round of low payouts.

BitClub Network’s Russ Medlin arrested in Indonesia

Russ Medlin has been arrested in Indonesia. Indonesian authorities worked with the FBI to apprehend Medlin last Sunday. The arrest follows an Interpol red notice issued last December.

Skyway Capital & NEEW scam warning in NZ

New Zealand’s Financial Markets Authority has issued a scam warning against Skyway Capital and New Economic Evolution of the World (NEEW).

OneCoin Ponzi scammers in Germany acquitted

In a bizarre ruling, two OneCoin Ponzi scammers in Germany have been acquitted.

Silver Star Live’s David Mayer sued by CFTC for fraud

Silver Star Live was a forex themed MLM opportunity we came across in 2019. Based on its business model we concluded that, at a minimum, Silver Star Live was engaged in securities fraud. We first learned of CFTC action against Silver Star Live in late 2019. Two of the company’s co-owners, Candace Ross-Mahmoud and Hassan [Continue reading…]

Crowd1 securities fraud warning issued in New Zealand

A Crowd1 securities fraud warning has been issued by New Zealand’s Financial Markets Authority.

Cardiffs denied stay, Poujade up for contempt & trial date

Last month we covered the Jason and Eunjung Cardiff’s attempt to have FTC proceedings against them stayed, pending a since withdrawn appeal against the sale of their house. The Cardiffs also argued “they were not afforded due process”, and had a whinge about most of their motions being denied. The court disagreed and denied the [Continue reading…]