OneCoin’s Mark Scott denied motion for new trial
Following his conviction in November 2019, OneCoin money launderer Mark Scott filed for an acquittal or new trial in February 2020.
With a decision on that motion pending, new information regarding Konstantin Ignatov perjuring himself saw Scott file a supplemental motion for a new trial in August 2021.
(Scott) argued that, had the jury known that Konstantin lied … it would not have credited Konstantin’s testimony nor, consequently, found Scott guilty of either offense.
On September 14th, 2023, Scott’s motion for a new trial was denied. [Continue reading…]
FutureNet’s Stephan Morgenstern re-arrested in Albania
Last October FutureNet Ponzi co-founder Stephan Morgenstern was arrested in Greece.
South Korean authorities had obtained an international arrest warrant, pertaining to Morgenstern defrauding consumers through FutureNet.
Despite Morgenstern being charged with stealing over $30 million, Greek authorities thought it’d be a good idea to release him pending extradition.
Morgenstern promptly fled to neighboring Albania, where he was re-arrested last month. [Continue reading…]
Daniel Pacheco’s iPro Network fraud settlement tops $2 million
Daniel Pacheco’s iPro Network fraud settlement with the SEC has topped $2 million dollars. [Continue reading…]
GSPartners terminates investor account for discussing withdrawal delays
GSpartners has terminated an investor’s account after he publicly discussed withdrawal delays.
GSPartners then threatened the investor with legal action if public discourse surrounding the delays wasn’t taken down. [Continue reading…]
InvesableAI Ponzi collapses, withdrawals disabled
InvesableAI has collapsed.
In a September 17th email sent out to investors, InvesableAI advised withdrawals have been disabled. [Continue reading…]
Joe Cammarata accused of witness tampering in tax fraud case
Joseph Cammarata has been accused of witness tampering in his ongoing tax fraud cause.
The DOJ alleges the former Investview CEO improperly communicated with one of his accomplices. [Continue reading…]
SEC secures summary judgment against Joseph Cammarata
The SEC has secured summary judgment against former Investview CEO Joseph Cammarata.
Judgment was ordered on two counts of alleged securities fraud on August 31st. [Continue reading…]
doTerra’s response to Immortelle eyesight claims is inadequate
When I first read doTerra’s response to baseless medical claims about its Immortelle oil blend, I was pleased to see them denouncing the claims.
…then I realised that’s not what they were doing. doTerra was just covering its ass. [Continue reading…]
Pinnpai Review: Management assets firm ruse Ponzi
Pinnpai fails to provide ownership or executive information on its website.
Pinnpai’s website domain (“pinnpai.com”), was privately registered on August 26th, 2023.
It’s worth noting that Pinnpai’s website is riddled with grammatical errors. You can see an example of this in Pinnpai’s logo above.
This suggests that Pinnpai is being run by non-native English speakers.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]
Netmi Review: Staking ruse MLM crypto Ponzi
Netmi fails to provide ownership or executive information on its website.
Netmi’s website domain (“netmi.org”), was privately registered on February 21st, 2023.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]
