Joshua David Nicholas pleads guilty to EmpiresX fraud
Joshua David Nicholas has plead guilty to one count of conspiracy to commit securities fraud.
Nicholas played “Master Trader” in EmpiresX, through the misappropriated alias “Joshua Gregg”. [Continue reading…]
Awakend sent cease and desist over Zenith patent claims
First Fruits Business Ministry has sent Awakend a cease and desist, pertaining to marketing of its Zenith supplement.
FFBM claims Awakend has made ‘false, misleading, and deceptive claims about First Fruits’ product Trisynex’. [Continue reading…]
Infinity2Global scammers found guilty on all criminal charges
A jury has found Richard Maike and his fellow Infinity2Global scammers guilty on all charges.
The September 7th verdict follows a mammoth criminal trial that began on July 12th. [Continue reading…]
Elomir’s Axis Klarity promoted as mental illness treatment
Elomir’s co-founders are promoting flagship product Axis Klarity as a treatment for mental illness.
And that’s just the tip of the illegal medical claims iceberg… [Continue reading…]
EvoRich investors being funneled into FNT exit-scam
A few months ago EvoRich investors were being funneled into Bob Ultee’s BobCoin scheme.
As of September 2022, here’s how that’s panned out:
Now EvoRich investors are being funneled into FNT, a new shitcoin scheme run by persons unknown. [Continue reading…]
Jonathan Sifuentes’ $85,000 MTC securities fraud settlement
Details of Jonathan Sifuentes Saucedo’s My Trader Coin securities fraud settlement have been made public.
As per an August 18th filing, Sifuentes admitted to securities fraud and will pay $85,000 in penalties. [Continue reading…]
High Court provisionally approves sorting of MTI investors
While South Africa’s authorities continue to do nothing, civil Mirror Trading International liquidation proceedings continue.
The latest is a ten-page provisional order, defining actual victims from the scheme against net-winners. [Continue reading…]
Dot Dot Smile files for Chapter 11 bankruptcy
Twoand a half months after it canned its MLM opportunity and went wholesale, Dot Dot Smile has filed for bankruptcy.
Dot Dot Smile initiated Chapter 11 proceedings in California on September 3rd. [Continue reading…]
SEC moves to serve Forsage founders via alternative service
The SEC has moved to serve three of Forsage’s four founders via alternative service.
Vladimir “Lado” Okhotnikov, Lola Ferrari, Sergey Maslakov all reside overseas. [Continue reading…]
TelexFree class-action survives seven Motions to Dismiss
Twelve Defendants in the TelexFree class-action filed motions to dismiss the latest Fifth Amended Complaint.
Five motions were granted and one was partially granted, leaving six Defendants fully on the hook. [Continue reading…]
