regulation @ BehindMLM

Be Club has received a securities fraud warning from New Zealand’s Financial Markets Authority (FMA). As per the FMA’s October 8th, 2024 Be Club warning;

USI-Tech co-founder Horst Jicha has violated the terms of his release and gone on the run.

Mind Capital’s David Lee Kagel has been sentenced to five years probation. The former securities law attorney will also have to pay back $13.9 million in restitution.

Back in mid September BehindMLM received a cease and desist from Avi Perry, an attorney at Quinn Emanuel Urquhart & Sullivan (Quinn Emanuel), acting on behalf of GSB Gold Standard Corporation and owner Josip Heit. In a nutshell, Perry objected to BehindMLM’s ongoing reporting on GSB’s and Heit’s alleged securities fraud. While I did respond [Continue reading…]

TrageTech has received a securities fraud warning from the Texas State Securities Board (TSSB). TSSB’s October 10th enforcement order also cites promoter Eric Ture Muhammad, cited as a GSPartners and Billionico promoter.

Allianz Life Insurance has entered into a settlement with the Profit Connect Receiver. As per the terms of the settlement, Allianz will pay $125,250 to the Receivership, from which $2500 to four Profit Connect investors.

Robin Enos has settled Krstic Ponzi empire fraud charges with the SEC. Enos’ SEC settlement was filed as a pending consent judgment on September 30th. The court approved the consent judgment later the same day.

iComTech founder David Carmona has been sentenced to ten years in prison. Restitution and monetary penalties will be determined on November 22nd, 2024..

DGPT fails to provide ownership or executive information on its website. DGPT has three known website domains: dgpt.club – registered with bogus information on August 27th, 2024 ai.dgpt.club – DGPT app access dgpt.cloud – privately registered on July 7th, 2023 (already abandoned) Of note is DGPT’s .CLUB website domain being registered through the Chinese registrar [Continue reading…]

BitHarvest has received a securities fraud desist and refrain order from California’s Department of Financial Protection and Innovation (DFPI). DFPI’s August 20th, 2024 order cites the following respondents: