regulation @ BehindMLM

Trage Tech, aka Trage Technologies, has received a securities fraud cease and desist from the Georgia Commissioner of Securities. The Commissioner’s order also cites Eric Ture Muhammad, a serial fraudster and Trage Tech promoter.

8 Figure Dream Lifestyle’s three co-founders have received prison sentences.

QNet, Oriflame and and fifteen MLM companies have received fraud warnings from India’s Central Consumer Protection Authority (CCPA).

Marco A. Ruiz Ochoa has settled civil iComTech fraud charges with the CFTC. As per the terms of the settlement, Ochoa is

Disgraced MLM veteran Holton Buggs is shamelessly challenging the CFTC’s request for a Traders Domain preliminary injunction. Buggs, who is alleged to have misappropriated millions of dollars through Traders Domain, is the only defendant challenging proceedings.

OakSmart has received a securities fraud desist and refrain order from California’s Department of Financial Protection and Innovation (DFPI). As per DFPI’s December 2nd issued order;

Marcus Todd Brisco, a resident of Hawaii has settled SAEG fraud charges with the CFTC. SAEG was a Ponzi scheme tied to The Traders Domain, through which a number of MLM Ponzi schemes, among them OmegaPro, are believed to have been funneled into. Brisco, working with co-defendant Michael Shannon Sims, helped launder SAEG invested funds [Continue reading…]

StableDAO board member Nicholas Hofgren, aka Nick Hofgren, has been banned from holding executive positions in Guernsey. Specifically and for a period of fourteen years, in November 2022 the Guernsey Financial Services Commission prohibited Hofgren

The CFTC has been given permission to serve several The Traders Domain defendants via alternate service.

Eaconomy has received a securities fraud warning from the Czech National Bank (CNB). As per the CNB’s November 11th, 2024 warning;