COS app Ponzi collapses, withdrawals cancelled
The COS Ponzi scheme has collapsed.
In addition to “cancelling” withdrawals, COS’ admins have also trotted out a “hackers!” exit-scam.
COSCOIN has been attacked by hackers from unknown sources, and the withdrawal amounts of all users have been maliciously tampered with.
The COSCOIN technical department has solved this problem. In order to ensure the safety of users’ funds, all withdrawal applications have been cancelled.
While simultaneously disabling withdrawals, COS is still encouraging new investment with a 100% new deposit match. [Continue reading…]
Ovax Global scam warning from New Zealand
Ovax Global has received a securities fraud warning from New Zealand.
As per the Financial Markets Authority’s October 31st warning, Ovax Global “has features of a scam”. [Continue reading…]
ITP Corp enables third domain after first two disabled
ITP Corp has switched its Ponzi app to a third domain, following the first two being disabled.
That’s on top of on and off reports of ITP Corp’s first two domains being blocked by UK ISPs.
ITP Corp’s first two website domains were: [Continue reading…]
GSPartners securities fraud cease & desist from Arkansas
GSPartners, Swiss Valorem Bank and owner Josip Heit have received a securities fraud cease and desist from Arkansas.
As per the Arkansas Securities Department’s November 22nd order; [Continue reading…]
GSPartners securities fraud warning from South Africa
Just days after a marketing event was held in South Africa, the Financial Sector Conduct Authority has issued a GSPartners securities fraud warning. [Continue reading…]
Amway prosecuted for money laundering fraud in India
India’s Enforcement Directorate (ED) has prosecuted Amway for money laundering.
The charges were filed under India’s Prevention of Money Laundering Act, with the underlying investigation dating back to 2011. [Continue reading…]
Collapsed PrivaFund Ponzi under investigation in Austria
The collapsed PrivaFund Ponzi scheme is under criminal investigation in Austria. [Continue reading…]
Andre & Monique Vaughn sued for tax fraud
Back in 2018 then Wakaya Perfection leader Andre Vaughn and wife Monique were indicted on bankruptcy fraud charges.
Unknown to BehindMLM is another federal lawsuit filed in 2021, this time alleging tax fraud. [Continue reading…]
Benjamin Herzog’s ex-girlfriend testifies in EXW Wallet trial
Benjamin Herzog’s 23 year old ex-girlfriend has testified in the EXW Wallet criminal trial against him.
Herzog was indicted and arrested on EXW Wallet related fraud charges in August. His criminal trial in Austria began in September. [Continue reading…]
Jeremie Sowerby indicted for Softek & Justice Capital fraud
Serial MLM crypto Ponzi scammer Jeremie Sowerby has been indicted and arrested again, this time for Softek and Justice Capital related fraud. [Continue reading…]
