IDGA Sam’s Club fails to provide ownership or executive information on its website.

IGDA Sam’s Club’s website domain (“igda-samsclub.com”), was privately registered on May 5th, 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…]

Despite being wanted by US authorities, Lado Okhotnikov continues to run his MetaForce Ponzi scheme from Georgia.

The original MetaForce was a clone of Okhotnikov’s Forsage Ponzi schemes. MetaForce V1 lasted a few months before collapsing.

MetaForce’s reboot (technically the 7th Forsage launch), includes a new token and metaverse and NFT grifts.

After flogging MetaForce NFTs to what’s left of his Forsage following, on May 22nd Okhotnikov announced he was dropping them for a new version.

And in the process, blocking a substantial number of investors from transferring their NFTs over. [Continue reading…]

The NewAge Liquidator has sued NewAge’s former executive team for “substantial harm”.

The Defendants … brought financial devastation to the Company through their grossly negligent, reckless, and/or willful abdication of their fiduciary obligations and other unlawful conduct.

Named Defendants in the NewAge Liquidator’s May 31st Complaint include: [Continue reading…]

Prolific Ponzi promoter Juan Carlos Reynoso has been released from custody.

Mexican authorities were ordered to release Reynoso and his accomplices on June 1st. [Continue reading…]

Global Affiliate Business has been shut down in India.

Indian authorities estimate the scam duped victims out of around $15 million. [Continue reading…]

On May 30th BehindMLM reported Ryan Morgan Evans, a California resident, was gearing up to face off against the SEC in court.

Less than 24 hours later, Evans reached a settlement with the SEC. [Continue reading…]

Robert John McNulty, founder and CEO of the collapsed Tryp MLM company, was being hounded for securities fraud on his deathbed. [Continue reading…]

Ryan Evans is deleting evidence of his Elamant fraud. In the past week both Elamant’s website and YouTube channel have been deleted.

Evan’s deletion of incriminating evidence falls on the eve of his showdown with the SEC in court. [Continue reading…]

YEM and the YEM Foundation have received a securities fraud warning from Austria.

As per the Financial Market Authority’s 13th May warning; [Continue reading…]

GSPartners has received a securities fraud warning from Saskatchewan, Canada.

As per the Financial and Consumer Affairs Authority’s June 1st investor alert; [Continue reading…]