Ryan Evans settles Saivian fraud with SEC
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 McNulty hounded for Tryp securities fraud on deathbed
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 deletes Elamant evidence on eve of SEC trial
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 Foundation securities fraud warning from Austria
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 securities fraud warning from SK, Canada
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…]
QZ Asset Management fraud warning from South Africa
QZ Asset Management has received a securities fraud warning from South Africa.
The Financial Sector Conduct Authority (FSCA), claims it opened an investigation following complaints from consumers. [Continue reading…]
OneCoin lawyer disbarred, files case against Norwegian govt
A disbarred lawyer has filed a case against the Norwegian government.
At a ten day hearing that started on May 25th, Per Danielsen, of the firm Danielsen & Co. AS, is accused of working with OneCoin’s Ruja Ignatova. [Continue reading…]
Sri Lanka issues warning on eight MLM pyramid schemes
The Central Bank of Sri Lanka has issued a warning on eight MLM pyramid schemes.
Scams named in the Central Bank’s May 31st notice include: [Continue reading…]
QZ Asset Management Ponzi warning from Philippines
QZ Asset Management has received a Ponzi fraud warning from the Philippines.
As per the Philippine SEC’s May 30th advisory; [Continue reading…]
Fortescue Review: Ponzi app impersonates mining company
Fortescue fails to provide ownership or executive information on its website.
This is because Fortescue has stolen the name and logo of Fortescue Metals Group, a mining company based out of Australia.
Fortescue operates from the website domain “fortescue.cc”, registered with bogus details on May 10th, 2023.
As to who’s running Fortescue, it’s likely a group of scammers tied to China:
This tracks with Fortescue’s website domain being registered through Alibaba.
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…]
