GSPartners slaps 50% withholding fee on withdrawals
GSPartners’ campaign to punish investors who withdraw continues.
Less than 24 hours after disabling weekly ROIs, GSPartners has implemented a 50% withholding fee on all withdrawals. [Continue reading…]
NovaTech FX a no-show at second OSC Tribunal hearing
NovaTech FX and Cynthia Petion have failed to put in an appearance at a recent regulatory hearing in Canada. [Continue reading…]
YunikonFX securities fraud warnings from Malaysia
YunikonFX has received several securities fraud warnings from Malaysia.
On 14th September, the Bank of Malaysia added YunikonFX and two related entities to its Financial Consumer Alert List.
These include; [Continue reading…]
BigWhale collapses, “we got hacked!” exit-scam
The BigWhale Ponzi scheme has collapsed.
After BigWhale’s admins drained invested funds earlier today, a “we got hacked!” exit-scam ruse was sent out to investors. [Continue reading…]
5G Web Review: 5G base station “click a button” app Ponzi
5G Web fails to provide ownership or executive information on its website.
5G Web’s website domain (“5gwebpkrearn.online”), was privately registered on September 21st, 2023.
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…]
SCF collapses, withdrawals disabled + China exit-scam
The SCF Ponzi scheme has collapsed.
Withdrawals have been disabled and the scam has trotted out a baloney “Chinese regulations!” exit-scam.
In disabling withdrawals on October 2nd, SCF (aka Standard Cross Finance), sent out the following notice to investors; [Continue reading…]
Verse Network collapses, withdrawals disabled
The Verse Network Ponzi scheme has collapsed.
Verse Network disabled withdrawals on September 28th. [Continue reading…]
GSPartners disables ROI payouts, holds funds hostage
GSPartners has disabled ROI payouts.
Instead of addressing investors himself, GSPartners founder Josip Heit had Bruce Hughes deliver the bad news. [Continue reading…]
Ant Ranch “click a button” app Ponzi collapses
The Ant Ranch “click a button” app Ponzi scheme has collapsed.
Earlier today the scam disabled its website and began feeding investors excuses. [Continue reading…]
Michael Glaspie sentenced to 6 years for Mike G Deal fraud
Michael Glaspie has been sentenced to six years in prison for his participation in the Mike G Deal.
Glaspie, 72, will surrender himself to the BOP on February 14th, 2024. He has also been ordered to pay a $2.4 million monetary judgment. [Continue reading…]
