Troy Mason has settled Ztegrity forex fraud allegations with the CFTC for $943,570.

As per a signed August 15th settlement, Mason admits to

to all of the findings made in this Consent Order and all of the allegations in the (CFTC’s) Complaint.

Mason’s settlement was filed with the court on October 7th. [Continue reading…]

OneCoin fraudster Frank Schneider has lost his appeal against extradition to the US. [Continue reading…]

Eyal Avramovich has officially merged his failed Mining City Ponzi scheme with iMine. [Continue reading…]

BLQ Football has collapsed, and most investors don’t even know it yet.

BehindMLM started receiving reports of disabled withdrawals in late September.

Over the past few weeks reports of disabled withdrawals and BLQ Football accounts being locked has become widespread. [Continue reading…]

Awakend went into prelaunch around two months ago.

Earliert his month co-founder Danelle Meoli boasted about Awakend making “record breaking sales”.

The problem with that claim is Awakend has yet to ship a single product – to recruited affiliates or retail customers.

And despite having no retail customers, Awakend has now doubled down with a recruitment promo. [Continue reading…]

Fifteen AIM Global sammers have been arrested for human trafficking.

Following a raid on a hotel in Masaka City, Ugandan authorities rescued 307 hostage victims. [Continue reading…]

The long-running TriumphFX Ponzi scheme has collapsed.

TriumphFX stopped paying withdrawals as far back as August. Support is non-responsive and investors are being locked out of their accounts. [Continue reading…]

Theon Global operates in the nutritional supplement MLM niche.

Heading up Theon Global is owner Lawrence Puckett.

Puckett’s LinkedIn cites him as an owner and managing member of Theon Global since October 2020. Curiously, Theon Global LLC wasn’t set up in Texas until March 7th, 2022.

Puckett’s LinkedIn details an automotive history from 1996 to 2017.

In June 2019 Puckett (right) signed on a Vice President of sales for Navan Global.

Puckett’s LinkedIn cites him leaving Navan Global in May 2020. Navan Global’s owner, Haskell “Trey” Knight, was indicted for wire fraud a year later in May 2021.

The conduct Knight was indicted for predates Puckett’s involvement in Navan Global.

After leaving Navan Global, Puckett set up Theon Global in October 2020.

I believe Theon Global being set up as an LLC in Texas only a few months ago coincides with its launch as an MLM company.

This is based on Theon Global’s website domain being dormant until around the time Theon Global LLC was registered.

I’m unclear on what Theon Global was prior to relaunching itself as an MLM company.

Read on for a full review of Theon Global’s MLM opportunity. [Continue reading…]

The Steinkeller brothers have delayed the Italian OneCoin criminal case.

At a hearing aimed at separating Ruja Ignatova’s case, the Steinkeller’s attorney raised an objection over wiretapping. [Continue reading…]

2019 wasn’t a good year for Tom McMurrain.

In March 2019 CMDX was on the verge of collapse, prompting McMurrain to beg for $100,000.

Then in August CMDX was dumped from the only public exchange McMurrain was able to get it listed on.

After that CMDX went into stagnation and effectively collapsed.

On June 1st 2022, McMurrain acquired the domain “databank.me”.

On August 2nd CMDX’s old website domain was redirected to DataBank, and McMurrain rebooted his failed crypto grift.

Read on for a full review of DataBank’s MLM opportunity. [Continue reading…]