regulation @ BehindMLM

Suspected money launderer Christopher Scanlon has had his indictment dismissed. Scanlon was arrested back in 2023. Following failed plea negotiations, Scanlon was then indicted back in March. As per an amended order for dismissal filed on April 30th;

The Kolkata Directorate of Enforcement (ED), has made a number of seizures following raids on May 16th. As reported by the ED on May 20th, raids were connected to an ongoing criminal case targeting TM Traders & M/s KK Traders. These entities are cited as alter-egos of iX Global and TP Global FX.

Josip Heit has been ordered to attend an upcoming Texas hearing in person.

OneCoin scammers Mark Scott and Karl Sebastian Greenwood have had their judgment appeals denied. Both Mark’s and Greenwood’s United States Court of Appeals mandates were filed on May 14th.

The EminiFX Receivership has returned $76.8 million to Eddie Alexandre’s victims. In a filed April 30th Status Report, the Receiver informed the court the EminiFX victim claim distribution will see “approximately $100,000,000” dispersed.

Following the revelation that Brent Kovar launched another Ponzi while on release for Profit Connect fraud, a court has imposed additional restrictions. The DOJ had pushed for Kovar’s bail to be revoked, however the court stopped short of the request.

Cory Kromray, owner and CEO of Driven Trading, has been indicted on wire fraud and money laundering charges.

Gilbert Pardla and Gustav Poland have settled DagCoin fraud charges for “approximately 5000 euros”.

Armen Temurian is having trouble providing Vista Network trading proof. Perhaps not surprising, given BehindMLM pegged Vista Network as a MLM crypto Ponzi back in 2017. This tracks with a CFTC investigation, which led to a $7 million fraud lawsuit.

Jim Aleksander Anderson has been arrested in Spain. Following his arrest, Anderson was extradited to France. Details are vague but French police are reported to suspect Anderson “is involved in a large-scale Ponzi scheme.”