regulation @ BehindMLM

Sam Lee, aka Xue Samuel Lee, has been detained at Dubai’s Al Aweer Central Prison. During his ongoing detainment, the SEC managed to serve Lee their civil HyperFund fraud lawsuit. As per November 5th filings from the SEC, Lee refused personal service at the prison but was considered served under US law.

Citibank has settled with the Profit Connect Receiver for $65,000.

German police are reported to be following leads on Ruja Ignatova that point to South Africa.

Over a decade since the shutdown of TelexFree, a group of TelexFree net-winners have settled with the court-appointed Trustee.

The CFTC has secured default judgment against iComTech’s David Carmona, Juan Parra, Moses Valdez and David Brend.

We Are All Satoshi has received a securities fraud warning from Quebec’s Autorite des Marches Financiers (AMF). As per the AMF’s November 1st We Are All Satoshi warning;

TrageTech, aka Trage Technologies, has received a securities fraud desist and refrain order from California’s Department of Financial Protection and Innovation (DFPI). DFPI’s November 4th order names three respondents;

iComTech Ponzi promoter Gustavo Rodriguez has been sentenced to 8 years in prison.

Under murky circumstances, the FSCA has quietly dropped previously imposed penalties against CBI Global Ponzi scammer Coenie Botha.

IM Mastery Academy has received a securities fraud warning from Quebec’s Autorite des Marches Financiers (AMF). As per AMF’s October 18th IM Mastery Academy fraud warning;