When news of OmegaPro co-founder Andreas Szakacs’ arrest broke in August, Abdul Ghaffar Mohaghegh was credited with tipping off Turkish authorities.

The investigation leading to Szakacs’s arrest began with a tip-off on June 28, when an anonymous informant reported to the Istanbul Provincial Gendarmerie Command that Avcı was residing at a location in Acarkent, Istanbul, under the guise of OmegaPro.

This tip was corroborated by Dr. Abdul Ghaffar Mohaghegh, a Dutch national who provided critical testimony.

Mohaghegh should be commended for turning Szakacs in, but his decision to do so is plagued with controversy. [Continue reading…]

iComTech founder David Carmona has been sentenced to ten years in prison.

Restitution and monetary penalties will be determined on November 22nd, 2024.. [Continue reading…]

DGPT fails to provide ownership or executive information on its website.

DGPT has three known website domains:

1. dgpt.club – registered with bogus information on August 27th, 2024
2. ai.dgpt.club – DGPT app access
3. dgpt.cloud – privately registered on July 7th, 2023 (already abandoned)

Of note is DGPT’s .CLUB website domain being registered through the Chinese registrar Alibaba (Singapore).

Additionally if we check the source-code of DGPT’s website support page, we learn it runs on the Meiqia platform:

Whoever is running DGPT very likely has ties to China.

DGPT has already attracted the attention of financial regulators. The Central Bank of Russia issued a DGPT pyramid fraud warning on October 1st, 2024.

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…]

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: [Continue reading…]

Keep It 100 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: [Continue reading…]

AladdinBOT 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: [Continue reading…]

Eaconomy has received a securities fraud warning from New Zealand’s’ Financial Markets Authority (FMA).

As per the FMA’s October 2nd, 2024 Eaconomy warning; [Continue reading…]

Polvera has received a securities fraud desist and refrain order from California’s Department of Financial Protection and Innovation (DFPI).

DFPI’s August 20th, 2024 Polivera order cites the following respondents: [Continue reading…]

Eaconomy has received a securities fraud warning from Norway’s Finanstilsynet financial regulator.

The Norwegian Consumer Protection Authority (Forbrukertilsynet), additionally warns Eaconomy “has several similarities with illegal pyramid schemes”.

As per Finanstilsynet’s September 25th, 2024 warning; [Continue reading…]

TLC Trading 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: [Continue reading…]