HyperNation securities fraud warning from QC, Canada
HyperNation has received a securities fraud warning from Quebec’s Autorite des Marches Financiers.
As per the AMF’s May 24th investor warning;
HyperNation is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.
This is the equivalent of a securities fraud warning in other jurisdictions. [Continue reading…]
BDSwiss issues GSPartners GSBDSwiss scam abuse warning
BDSwiss has listed GSPartners’ shell company GSBDSwiss in a published abuse warning.
BDSwiss warns that GSBDSwiss is a “scam company … that you should avoid”. [Continue reading…]
SolaRoad reboots collapsed Ponzi as Laniakea
Following the collapse of its original Ponzi scheme, SolaRoad is rebooting the scam as Laniakea. [Continue reading…]
Richard Maike’s appeal dismissed, Dvorin & Syn updates
Richard Maike’s conviction appeal has been dismissed.
The appeal was filed after a motion seeking an acquittal and new trial was denied last September. [Continue reading…]
BCN’s, GSPartners’ & PLC Ultima’s financial provider arrested
When MLM companies committing fraud tout a debit card, it’s typically obtained through shell companies attached to dodgy merchants.
Both GSPartners’ and PLC Ultima offered debit cards through PMA Media Group, Aurae Lifestyle, Nvayo Limited, Club Swan and AU Card LLC – all owned by Christopher James Scanlon.
Scanlon was arrested by US authorities at Miami International Airport on Thursday, May 25th. [Continue reading…]
Fintoch collapses, “William Thompson” outed as Joel Fry
The Fintoch Ponzi scheme has collapsed.
Withdrawals were disabled shortly after ~$31.6 million was reportedly withdrawn from an associated smart-contract. [Continue reading…]
SolaRoad Ponzi collapses, withdrawals disabled
SolaRoad has collapsed.
The Ponzi scheme has disabled withdrawals and initiated a “hackers!” exit-scam. [Continue reading…]
Generation Zoe lawyer Gustavo Saavedra pleads guilty
The first of the arrested Generation Zoe defendants in Argentina has pled guilty.
As reported by El Dario in Spanish on May 24th; [Continue reading…]
SEC & EmpiresX reach $34.8 million approved settlement
The SEC and EmpiresX have reached a $34.8 million settlement.
The reached settlement consists of $32,178,397 in disgorgement and $2,661,554 in prejudgment interest. [Continue reading…]
CFTC & MTI reach settlement, pending Commission approval
On May 5th, a Texas District Court gave the CFTC a May 26th deadline to file for default judgment against Mirror Trading International (MTI).
This prompted the CFTC to file a motion requesting the deadline be stayed on May 15th.
In that filing, the CFTC revealed it had reached a settlement with MTI. [Continue reading…]
