regulation @ BehindMLM

Texas has pulled out of the GSB settlement, citing multiple alleged violations of the reached agreement by GSB and owner Josip Heit. I won’t absolve Mr. Heit of his latest frauds. The term sheet has been myriad violated by your clients, those that still exist. Let’s litigate and see if you can look in a [Continue reading…]

Twenty-eight QNet scammers have been arrested in Nigeria. Citing QNet as a Ponzi scheme, Nigeria’s Economic and Financial Crimes Commission (EFCC), arrested the suspects on or around March 10th.

South Africa’s courts have beaten the Hawks to the punch. Mirror Trading International suspected owner and confirmed primary beneficiary, Clynton Marks, has been arrested for contempt of court.

Quintessential Business Network (QBN) has received a securities fraud warning from Spain’s Comision Nacional del Mercado de Valores (CNMV). As per the CNMV’s February 25th warning;

UbitEx has received a securities fraud warning from France’s Autorite des Marches Financiers (AMF). As per the AMF’s February 13th, 2025 warning, Ubitex is “blacklisted by the AMF because it offers financial services or products without being authorized”.

An associate of DAO1’s Alexandru Nicolae Bodi (aka Alex Bodi), has been arrested in Romania. Late last year Horatiu Potra was “arrested for allegedly planning to instigate unrest in Romania.”

The SEC has dropped Oscar Garcia from its ongoing Batched investigation.

US authorities have confirmed an arrest warrant has been issued against fugitive Jason Cardiff.

Trade Coin Club founder Douver Braga has been denied release pending trial. In explaining why Braga was denied release in its February 28th order, the court wrote;

USI-Tech co-founder Horst Costa Jicha has been added to the FBI’s most wanted list. As per Jicha’s most wanted list entry;