Royal Q has received a securities fraud warning from Spain’s Comision Nacional del Mercado de Valores. [Continue reading…]

On May 12th EminiFX founder and CEO Eddy Alexandre was arrested.

The bust was part of a joint operation between the DOJ and CFTC. Part of that operation was an FBI sting that began in or around March 2022.

In this article we examine how the FBI took down Alexandre and, following his arrest, what happens next. [Continue reading…]

The CFTC has secured injunctive relief against EminiFX and owner Eddy Alexandre.

Unsealing of the CFTC’s case today confirms Alexandre is facing both civil and criminal fraud charges. [Continue reading…]

The Attiora Ponzi scheme has collapsed.

Over the past 24 hours the company’s website has been nuked. Attiora’s social media accounts have also been deleted. [Continue reading…]

Two unnamed fugitives are holding up OneCoin criminal proceedings in Italy.

A June deadline has been set, after which proceedings against the two fugitives will be separated from the main case. [Continue reading…]

COTP affiliate investors have begun reporting withdrawal problems.

Rather than just be honest about running out of funds to cover withdrawals, COTP are blaming congestion on the TRON network.

There have been no recent reports of congestion on the TRON network. [Continue reading…]

On May 5th Metafi Yielders introduced a new 4.2% a day investment plan.

Accomplice CEO Michael Daher confirmed this was an attempt to keep funds trapped in the system.

On May 6th, Metafi Yielders affiliates began reporting withdrawal problems.

[Continue reading…]

EminiFX founder and CEO Eddy Alexandre has been arrested for commodities and wire fraud.

The DOJ alleges EminiFX was a $59 million dollar Ponzi scheme. [Continue reading…]

Mido Finance has collapsed.

Withdrawals stopped a few days ago and the company’s social media accounts have been wiped. [Continue reading…]

Masterworks Investment provides no credible information about who owns or runs the company on its website.

Masterworks Investment’s website does have a “team members” page. Names on the page however are fictitious and represented by stock and/or stolen photos:

The same stock photo used to represent Ewan Charlton (CEO of …), appears on multiple dodgy forex sites:

The reason for this is MasterWorks Investment’s website is running a stock template designed for scams:

The one marketing video on MasterWorks Investment’s website is hosted on a YouTube channel named “Investment crypto”.

Multiple marketing videos for other schemes are on the channel, suggesting it is part of a scam website hosting package:

In an attempt to appear legitimate, MasterWorks Investment provides a doctored SEC certificate:

SEC certificates of incorporation aren’t a thing. This suggests that whoever is running MasterWorks Investment isn’t a native English-speaker, is targeting particularly stupid investors, or both.

This is in line with MasterWorks Investment’s marketing video being a stock footage robo voiceover job.

Accompanying MasterWorks Investment’s fake SEC certificate is an address in New York.

This address belongs to MasterWorks, an unrelated art investment company. It appears MasterWorks Investment are, at least in part, trying to pass themselves off as MasterWorks the actual company.

MasterWorks Investment’s website domain (“masterworks-investment.ltd”), was privately registered on August 10th, 2021.

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…]