UK authorities close CashFX Group investigation
UK authorities investigating the collapsed CashFX Group Ponzi scheme have completed their investigation.
Essex Police have opted to drop the case, owing to there being “no evidence anyone in the UK has committed criminal offenses”. [Continue reading…]
Onewiex securities fraud warning from ON, Canada
Onewiex has received a securities fraud warning from Ontario, Canada.
As per the Ontario Securities Commission’s December 14th warning [Continue reading…]
Win on Wealth Ponzi collapses, website pulled
The Win on Wealth Ponzi scheme has collapsed.
In a notice published to its website, Win on Wealth described its collapse as an “unfortunate termination”. [Continue reading…]
TriumphFX securities fraud warnings from ON, Canada
TriumphFX has received two securities fraud warnings from Ontario, Canada.
The Ontario Securities Commission issued separate warnings for TriumphFX and Triumph Int. on December 14th. [Continue reading…]
Traveling Vineyard abandons MLM business model
Traveling Vineyard has announced it is abandoning its MLM business model.
Daisy Global securities fraud warning from AB, Canada
Daisy Global has received a second securities fraud warning from Canada.
The Alberta Securities Commission added Daisy Global to its Investment Caution List on December 12th. [Continue reading…]
Second Exp Realty suit alleges “drugging & sexual assault”
A second lawsuit has been filed against real-estate MLM Exp Realty, again alleging “drugging and sexual assault” of women.
Plaintiff Anya Roberts filed suit on December 14th in California.
Defendants named in Roberts’ suit include: [Continue reading…]
Exp Realty lawsuit alleges “drugging & sexual assault of women”
A lawsuit filed back in February accuses top Exp Realty Agents of ” drugging and sexual assault of women”. Exp Realty and founder Glenn Sanford are also under fire.
Through Exp Realty, described in the lawsuit as a “pyramid-style scheme”, Sanford is accused of
creating an environment that allowed these assaults, then silencing those whose accounts of sexual harassment and assault would impact profit.
TranzactCard clarifies Bangor Bank is a “sponsor bank”
On Wednesday December 13th, TranzactCard announced Maine headquartered Bangor Bank as its “new banking partner”.
On Friday December 15th, Bangor Bank confirmed they had no partnership with TranzactCard.
On Saturday December 16th, TranzactCard held an unscheduled “all hands-on-deck TranzactCard field update.”
During the call, new COO Ken Doherty confirmed Bangor Bank was not TranzactCard’s “banking partner”.
Doherty instead claimed Bangor Bank is TranzactCard’s “sponsor bank”.
What’s the difference between a “partner bank” and a “sponsor bank”?
No idea. [Continue reading…]
GSPartners collapses, GSPro reboot after fraud warnings
GSPartners has collapsed.
In an attempt to get ahead of multiple regulatory fraud warnings from the US, Canada, South Africa and Australia, the Ponzi scheme has rebranded as GSPro. [Continue reading…]
