Frank Schneider’s OneCoin indictment unsealed
In what might be indirect confirmation Frank Schneider will be extradited to the US, the DOJ moved to unseal his indictment.
The court granted the DOJ’s request on December 5th. [Continue reading…]
Meme Club Ponzi collapses, withdrawals disabled
The Meme Club Ponzi scheme has collapsed.
Affiliate investors report that withdrawals were disabled without warning on December 1st. [Continue reading…]
Fundsz securities fraud cease and desist from California
Fundz has received a securities fraud cease and desist from California.
As per the Department of Financial Protection & Innovation’s November 22nd order; [Continue reading…]
HyperFund/Hyperverse integrated HOO exchange collapses
Following suspension of withdrawals around June 2022, the HyperFund and Hyperverse integrated HOO exchange has collapsed. [Continue reading…]
Second NovaTech FX fraud warning from Canada (Alberta)
NovaTech FX has received its second securities fraud warning from Canada.
On October 14th the Alberta Securities Commission added NovaTech FX to its Investment Caution List.
As per the ASC’s website, companies on the list [Continue reading…]
OmegaPro weaves “hackers!” into collapse thru Hacker House
OmegaPro has weaved a “hackers!” narrative into its collapse. [Continue reading…]
Platin World collapses, PLCU withdrawals disabled
Alex Reinhardt’s Platin World Ponzi scheme has collapsed.
A visit to Platin World’s website and social media pages suggest nothing is amiss. Instead, investors were informed of the collapse through PLC Ultima’s official Telegram channel. [Continue reading…]
Joshua D. Nicholas sentenced to 51 months for EmpiresX fraud
EmpiresX scammer Joshua David Nicholas has been sentenced to 51 months in prison.
Nicholas’ sentence was handed down after 45 minute sentencing hearing, held on November 28th. [Continue reading…]
Validus securities fraud “scam alert” from Australia
Validus has received a securities fraud “scam alert” from the Australian Securities & Investment Commission (ASIC).
NovaTech FX rolls out securities fraud pseudo-compliance
In response to a Californian securities fraud cease and desist issued last week, NovaTech FX has rolled out securities fraud pseudo-compliance. [Continue reading…]
