ArbiSmart ordered to cease securities fraud in Italy
ArbiSmart has been ordered to cease committing securities fraud in Italy.
As per an order published by CONSOB on April 30th, ArbiSmart has been found to be illegally offering investment services to Italian residents. [Continue reading…]
Barnaje DAO securities fraud warning from Australia
Barnaje DAO has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC).
ASIC added Barnaje DAO to its Investor Alert List on April 7th, 2025. [Continue reading…]
iGenius pyramid fraud warning from Poland
Following an investigation that began in 2023, iGenius has received a securities fraud warning from Poland’s Office of Competition and Consumer Protection (UOKiK). [Continue reading…]
WeWe Global securities fraud warning from Australia
WeWe Global has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC).
ASIC added WeWe Global to its Investor Alert List on April 8th, 2025. [Continue reading…]
HHG Staking Review: AI ruse “click a button” app Ponzi
HHG Staking fails to provide ownership or executive information on its website.
HHG Staking operates from two known website domains:
- hhgstaking.com – registered with bogus details on February 28th, 2025
- stakinghg.com – registered with bogus details on February 26th, 2025
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…]
FTC sues IM Mastery Academy (Iyovia) for $1.2 bill fraud
Last November the long-running forex scam IM Mastery Academy rebooted as Iyovia.
No official reason was given for the rebranding, prompting me to speculate;
If I had to guess, IM Mastery Academy rebranding as Iyovia probably signals we’re getting close to the outcome of the FTC’s investigation.
On May 1st the FTC and Nevada filed a joint suit against IM Mastery Academy, alleging over $1.2 billion in fraud. [Continue reading…]
DIQT Review: Quantitative trading “click a button” Ponzi
DIQT, aka Deepiqt, fails to provide ownership or executive information on its website.
DIQT’s website domain (“deepiqt.com”), was privately registered on March 31st, 2025.
DIQT has already attracted the attention of financial regulators. The Central Bank of Russia issued a DIQT pyramid fraud warning on April 29th, 2025.
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…]
MHT Trading Review: Trading bot ruse MLM crypto Ponzi
MHT Trading, aka MHT Trade, fails to provide ownership or executive information on its website.
MHT Trading’s website domain (“mhttrade.io”), was privately registered on November 6th, 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…]
Glgrok AI Review: Quantitative trading “click a button” Ponzi
Glgrok AI fails to provide ownership or executive information on its website.
Glgrok AI operates from three known website domains;
- glgrok.ai – registered with bogus details on February 23rd, 2025
- glgrok.app – registered with bogus details on March 17th, 2025
- glgrok.cc – privately registered on March 7th, 2025
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…]
Cryptex securities fraud warning from Austria
Cryptex has received a securities fraud warning from Austria’s Financial Market Authority (FMA).
As per the FMA’s April 12th, 2025 Cryptex warning; [Continue reading…]
