DOJ pushing for September 2019 Mark Scott OneCoin trial date

The case against the first of OneCoin insider to fall, Mark Scott, is slowly progressing towards trial.

At present there’s a bit of a standoff regarding an agreed trial date.

The DOJ want a trial on or around September 2019. Mark Scott’s attorneys want July. [Continue reading…]

The LuLaRoe victim class-action arbitration mess

LuLaRoe’s attempts to thwart a victim class-action has devolved into a legal mess.

To recap, back in late 2017 LuLaRoe was sued by several former affiliates.

The lawsuit claims damages of over $5 million and potentially 80,000 class members.

As of April 17th, the case was stayed pending the outcome of compulsory arbitration.

Three days later LuLaRoe filed arbitration demands that sought to have each plaintiff file separate claims (22 in total), which were then to also be arbitrated separately.

In other words; divide and conquer.

Arbitration proceedings played out for the rest of 2018, up until a partial decision was made on January 2nd, 2019. [Continue reading…]

Michael Force cops $54 mill Digital Altitude judgment, stripped of assets

Michael Force’s settlement with the FTC has been approved.

As per the settlement, the FTC has received a $54 million dollar monetary judgment against Force.

An injunction has also been granted, prohibiting Force from committing further violations of the FTC Act. [Continue reading…]

The OneCoin Ponzi wall of shame

In the wake of US authorities bringing OneCoin’s criminal enterprise crashing down, no doubt there are a lot of people out there trying to bury their association.

Since our initial review of OneCoin on September 23rd, 2014, in which we accurately analyzed and concluded OneCoin was a Ponzi scheme, BehindMLM has published no less than two hundred and fifty-seven articles documenting every twist and turn.

Throughout that journey we came across a colorful cast of characters, most of whom have since moved on from OneCoin. Others simply disappeared off the face of the planet.

According to the DOJ, OneCoin was a Ponzi scheme that bilked investors out of upwards of $4 billion dollars.

Unless you’ve been closely following OneCoin, a perfectly natural response to such a dwarfing figure is, “How the hell did this happen?”

Based on my own research into OneCoin, interactions and perspective over the past four and a half years, I present to you the people who made it possible. [Continue reading…]

Subpoenaed emails reveal OneCoin was fraudulent from inception

Over the course of the DOJ’s investigation into OneCoin, the department issued multiple subpoenas.

Some of those subpoenas pertained to email evidence, the publication of which has provided revealing insight into OneCoin’s operation.

Below are excerpts from emails and other sources of information obtained by the DOJ.

Below, I’ve categorized the DOJ’s evidence into relevant points of interest.

If at any point over the past four and a half years you believed the nonsense coming out of OneCoin HQ, prepare to have your mind blown.

For everybody else, make sure you grab an extra big tub of popcorn before reading on… [Continue reading…]

Konstantin Ignatov charged with conspiracy to commit wire fraud

Before OneCoin collapsed, Konstantin Ignatov is believed to have worked as personal bodyguard for his sister, Ruja Ignatov.

Ruja Ignatov was the public face of OneCoin, while Ignatov lurked in the shadows.

Following Ignatova going into hiding on or around mid 2017, Konstantin was thrust into the spotlight.

Awkward on stage and poorly groomed for the role, over the past two years or so Konstantin has struggled to present himself as a credible CEO.

Central to Konstantin’s image problem was the fact that by the time he took over, OneCoin was clearly a Ponzi past its prime.

Adding to that, Konstantin has also now been arrested and criminally charged in the US. [Continue reading…]

OneCoin’s Ruja Ignatova indicted by New York grand jury

Two weeks ago BehindMLM ran a story regarding Mark Scott attempting to hide evidence from a grand jury.

The grand jury proceedings themselves were believed to pertain to other individuals related to OneCoin.

We can now cross Ruja Ignatova off that list, following the revelation she was indicted back in February. [Continue reading…]

Konstantin arrested, criminal charges filed against Ruja Ignatova

Three days ago OneCoin’s Konstantin Ignatov was arrested at Los Angeles International airport.

Today the Manhattan US Attorney’s Office announced criminal charges have been filed against Konstantin Ignatov and his sister, Ruja Ignatova. [Continue reading…]

Univia Review: Personal care + Instagram influencer marketing?

Univia operate in the personal care MLM niche and, according to the company’s Policies and Procedures, are based out of Utah in the US.

The Florida address provided on the Univia website appears to be for product returns only.

Univia fails to provide any executive information on their website. The Univia website does have an “about section” but it only contains marketing information.

Further research reveals Kevin Hafen credited as Univia’s CEO.

Hafen doesn’t seem to have an MLM history as far as I can see. In fact besides a Facebook profile abandoned since 2016, Hafen doesn’t seem to have any digital footprint whatsoever.

It’s always a bit strange when a nobody suddenly pops up as the CEO of an MLM company, so I’m flagging this as somewhat suspicious.

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…]

CoinMD collapse backflip, new compensation plan

Aborted exit-scam or actual collapse avoided?

Within hours of CoinMD’s $100,000 cash grab being shut down by Crowdfunder, Tom McMurrain has backflipped and announced all is well. [Continue reading…]