regulation @ BehindMLM

iGenius has received a securities fraud warning from Quebec, Canada. As per the Autorite des Marches Financiers’ April 2022 warning;

The Traders Domain has received a securities fraud warning from Quebec, Canada. As per the Autorite des Marches Financiers’ August 21st warning;

The SEC has secured a $680,235.05 final judgment against Nutra Pharma. Nutra Pharma’s final judgment is made up of:

Forcount’s Nestor Nunez has pled guilty to conspiracy to commit wire fraud. The charge was part of a superseding indictment, filed against Nunez on December 6th, 2022.

Forcount promoter Antonia Perez Hernandez has pled guilty to conspiracy to commit wire fraud. The charge was part of a superseding indictment, filed against Hernandez on December 6th, 2022.

The SEC has filed charges against the collapsed QZ Asset Management Ponzi scheme. The SEC’s Complaint, filed in South Dakota on August 26th, names QZ Global Limited, QZ Asset Management Limited and Blake Yeung Pu Lei as defendants.

A top TVI Express scammer has had their assets frozen in South Africa. Describing TVI Express as “South Africa’s biggest pyramid scheme”, the High Court in Johannesburg has ordered the estate of Adelaide Musa Duma “provisionally sequestrated”.

Tedy Teow Wooi Huat (aka Zhang Yufa) pops up in the news every few years. The charges get bigger and how much Teow is reported to have stolen increases. Following approval of Teow’s extradition in January 2023, he was finally extradited from Thailand on August 20th.

The FBI is seeking information from USI-Tech Ponzi victims. A questionnaire published on the FBI’s website “is seeking to identify potential victims of USI-Tech”.

An investigation by Oklahoma’s Department of Securities resulted in a recommendation Family First Life be issued with a cease and desist.