Vortic United pyramid scheme warning from Russia
Vortic United has received a pyramid scheme fraud warning from Russia.
As per the Central Bank of Russia’s February 20th notice, Vortic United exhibits “signs of a financial pyramid”. [Continue reading…]
Riway paid Eliminalia ~€370K to hide Purtier Placenta warnings
Riway has been outed as a client of the Eliminalia reputation management agency.
Leaked documents reveal Riway’s Taiwanese subsidiary paid Eliminalia €370,000 EUR to bury Placenta Purtier health warnings. [Continue reading…]
Steinkeller bros paid Eliminalia €38K to hide OneCoin fraud
Aron, Stephan and Christian Steinkeller have been outed as clients of the Eliminalia reputation management agency.
Eliminalia is notoriously known for their blackhat approach to “erasing” their client’s past. [Continue reading…]
Was OmegaPro tied to collapsed The Traders Domain Ponzi?
There have been rumblings that OmegaPro’s collapse is tied to The Traders Domain, a non-MLM Ponzi scheme that also collapsed in late 2022.
The implication being that OmegaPro investor funds were commingled into The Traders Domain, which was running its own Ponzi.
I haven’t been able to verify anything, and I still can’t – at least not definitively.
But a recently filed regulatory lawsuit has now revealed one concrete link between OmegaPro and The Traders Domain. [Continue reading…]
GoArbit securities fraud alert issued by Argentina
GoArbit has received a securities fraud alert from Argentina’s Comision Nacional de Valores.
As per the CNV’s February 15th alert; [Continue reading…]
Batched used to launder millions from The Traders Domain
Following on from Oscar Garcia blaming Frank DiCrisi for Batched’s collapse, in a recent legal filing Garcia claims tens of millions of dollars has been was also laundered. [Continue reading…]
Frode Jorgensen flees Thailand, claims hitmen are after him
Following Daxio’s collapse, owner Frode Jorgensen has fled Thailand.
In a recent update sent out to his victims, Jorgensen also claims hired hitmen are after him. [Continue reading…]
Armen Temurian sued by CFTC for Vista Network $7 mill Ponzi
Vista Network and owner operator Armen Temurian have been sued by the CFTC for commodities fraud.
The CFTC alleges, among other things, that Vista Network was a $7 million dollar plus Ponzi scheme. [Continue reading…]
60 QNet scammers arrested in Ghana
Sixty QNet scammers have been arrested in Ghana.
Authorities claim the scammers continued to promote QNet, in violation of a July 2022 court order banning the pyramid scheme nationally. [Continue reading…]
Tiber River screws distributors out of final commission check
Tiber River announced it was abandoning its MLM business model last month.
Tiber River distributors were still able to generate sales throughout January, with final commission checks going out this month.
On February 14th Tiber River told distributors it was screwing them out of their final commissions. [Continue reading…]
