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CFX Legacy has been added to the UK’s CashFX Group securities fraud warning. CFX Legacy, operating from the domain “cfxlegacy.com”, emerged as a CashFX Group Ponzi spinoff mid 2023.

We Are All Satoshi and Boomerang Trade have received fraud warnings from New Zealand’s Financial Markets Authority (FMA). In two published August 7th warnings, the FMA warns that We Are All Satoshi and Boomerang Trade are

Robert William Shafer has settled Blueprint to Wealth fraud charges with the FTC. As part of his filed August 2nd settlement, Shafer will be held jointly liable for $7.5 million. Other conditions imposed on Shafer include:

Financial Education Services (FES) has settled fraud charges brought about by the FTC. On August 5th, a Michigan District Court ordered FES permanently closed and awarded the FTC a $324 million judgment.

Andreas Szakacs, co-founder of the OmegaPro Ponzi scheme, appears to have been arrested in Turkey.

Alex Dee has pled guilty to one count of conspiracy to commit wire fraud. Dee’s guilty plea was entered on July 30th. Sentencing, including restitution is to be scheduled at a later date.

A July 23rd court order has approved a proposed plan of distribution filed by the Traffic Monsoon Receiver. Unfortunately there is still no timeline for distribution payments to Traffic Monsoon victims with allowed claims.

US Judge Jesus Bernal has given Jason Cardiff permission to flee travel to Ireland.

MyChargeback (aka “MyChargeback.com”), is part of a series of recovery scam websites tied to Cactil LLC. On or around June 25th the FBI, working with the DOJ, seized MyChargeBack’s website:

On July 22nd Jason Cardiff filed an ex parte motion requesting permission to travel to Ireland. According to Cardiff, his wife Eunjung recently “suffered a medical issue” in Slovakia. On July 20, 2024, Mr. Cardiff reported that his wife suffered a medical issue while she was in Slovakia. Mr. Cardiff reported that Mrs. Cardiff intends [Continue reading…]