Pegasus provides no information on its website about who owns or runs the company.

Pegasus’ website domain (“pegasus.cx”), was privately registered on August 31st, 2021.

Pegasus’ official social media profiles were created in February 2022, suggesting this is when the company was launched.

The sole admin of the official Pegasus FaceBook group is “Peter Nab”. This is a new account, created around the time Pegasus launched.

Pegasus represents it is based out of Dubai. Whether this is true or not is unverifiable.

Regardless, any MLM company representing it is based out of Dubai automatically raises a red flag.

Of note is Pegasus’ use of ePayCore, a Russian financial services provider.

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…]

Royal Q has received a securities fraud warning from Spain’s Comision Nacional del Mercado de Valores. [Continue reading…]

On May 12th EminiFX founder and CEO Eddy Alexandre was arrested.

The bust was part of a joint operation between the DOJ and CFTC. Part of that operation was an FBI sting that began in or around March 2022.

In this article we examine how the FBI took down Alexandre and, following his arrest, what happens next. [Continue reading…]

The CFTC has secured injunctive relief against EminiFX and owner Eddy Alexandre.

Unsealing of the CFTC’s case today confirms Alexandre is facing both civil and criminal fraud charges. [Continue reading…]

The Attiora Ponzi scheme has collapsed.

Over the past 24 hours the company’s website has been nuked. Attiora’s social media accounts have also been deleted. [Continue reading…]

Two unnamed fugitives are holding up OneCoin criminal proceedings in Italy.

A June deadline has been set, after which proceedings against the two fugitives will be separated from the main case. [Continue reading…]

COTP affiliate investors have begun reporting withdrawal problems.

Rather than just be honest about running out of funds to cover withdrawals, COTP are blaming congestion on the TRON network.

There have been no recent reports of congestion on the TRON network. [Continue reading…]

On May 5th Metafi Yielders introduced a new 4.2% a day investment plan.

Accomplice CEO Michael Daher confirmed this was an attempt to keep funds trapped in the system.

On May 6th, Metafi Yielders affiliates began reporting withdrawal problems.

[Continue reading…]

EminiFX founder and CEO Eddy Alexandre has been arrested for commodities and wire fraud.

The DOJ alleges EminiFX was a $59 million dollar Ponzi scheme. [Continue reading…]

Mido Finance has collapsed.

Withdrawals stopped a few days ago and the company’s social media accounts have been wiped. [Continue reading…]