Receiver finds EminiFX had no legitimate business operations
Since taking over EminiFX’s business operations on May 11th, the Temporary Receiver hasn’t found any legitimate underlying business operations.
[Continue reading…]
Rodan + Fields settles Lash Boost glaucoma med class-action
Rodan + Fields has settled a class-action filed against it over an undisclosed ingredient in their Lash Boost product.
The ingredient at issue is isopropyl cloprostenate, a glaucoma medication with potentially severe side-effects. [Continue reading…]
Kalpesh Patel exit-scams his Hyperverse Ponzi victims
The face of Hyperverse Ponzi fraud is out.
Following unease over Hyperverse’s rudderless HyperOne and HyperNation reboots, Patel informed his victims (and fellow scammers) that he’s abandoning ship. [Continue reading…]
Ruja’s husband Bjorn Strehl under investigation in Germany
German authorities are finally investigating OneCoin founder Ruja Ignatova’s husband, Bjorn Strehl.
Despite being tied to OneCoin’s fraudulent activities, Streh, till now, has managed to remain in the shadows. [Continue reading…]
Frank Rickett’s German OneCoin trial suspended till August
Two presiding Judges in Frank Rickett’s German OneCoin trial have come down with illness.
As a result proceedings have been suspended till August. [Continue reading…]
CashFX Group marketed as way to “alleviate homelessness”
CashFX Group scammers in Ireland are running around telling people their Ponzi “alleviates homelessness”.
How does a collapsed Ponzi scheme with out of control ROI liabilities help the homeless?
Beats me. [Continue reading…]
Financial Education Services shut down by FTC, $467M scam
The FTC has shut down Financial Education Services.
Federal regulatory action against FES follows a $1 million pyramid scheme fine, issued by the state of Georgia in 2019.
As alleged by the FTC, FES “scamm(ed) consumers out of more than $213 million”. [Continue reading…]
How Josip Heit set up GS Chain & duped the London Stock Exg
One of the pieces in GSPartners’ new Meta Certificates Ponzi puzzle is GS Chain.
Evidently for some time now, GSPartners has been awarding LSC shares based how much affiliates invested. They’re now being doshed out as a recruitment incentive.
GS Chain is a UK incorporation, which in and of itself is nothing remarkable. Companies House signs off on fraud all the time.
GS Chain is also however listed on the London Stock Exchange.
By no means itself a sign of legitimacy, how Josip Heit fooled the LSE into listing his shell company is nonetheless worth documenting. [Continue reading…]
GSPartners’ secret (and very fraudulent) GSC shares scheme
In addition to their new Metaverse Certificate investment scheme, GSPartners is preparing to commit additional securities fraud through GSC shares. [Continue reading…]
Floyd Mayweather fronts GSPartners’ 300% ROI Ponzi event
Following owner Josip Heit’s failure to show up at GSPartner’s Atlanta, Georgia event, the Ponzi scheme quickly put together a follow up in Dubai.
We’ve already covered MLM industry figure Eric Worre attending as a speaker. Turns out he wasn’t the only one who shouldn’t have been there.
Appearing only in promo material put out by GSPartners was Floyd Mayweather.
Mayweather has evidently signed on as a GSPartners “Brand Ambassador”. Let’s get into why that’s a problem for the US resident. [Continue reading…]
