Dragon Global Finance collapses, EQT Bank reboot?
Dragon Global Finance might be being rebooted as EQT Bank.
The transition appears to be a work in progress, with EQT Bank only providing login functionality at this time. [Continue reading…]
Meta Bounty Hunters Ponzi run by Holton Buggs & Travis Bott
Earlier this month I explored whether Meta Bounty Hunters was an iBuumerang spinoff.
I can now confirm it is. The Meta Bounty Hunters Ponzi scheme is being run by Holton Buggs and Travis Bott. [Continue reading…]
IX Inversors securities fraud warning from Ecuador
IX Inversors has received a securities fraud warning from Ecuador.
As per the Superintendencia de Bancos’ January 13th warning, IX Inversors [Continue reading…]
CashFX Group owes $102 million, $5 mill coming in weekly
Analysis of blockchain transactions has revealed CashFX Group owes $102 million in unpaid withdrawal requests.
That amount is increasing by about $14 million a week.
The reason behind CashFX Group’s never-ending withdrawal issues?
The Ponzi scheme is only bringing in ~$5 million a week. [Continue reading…]
Intelligence Prime Capital withdrawals not paid for a week
Intelligence Prime Capital withdrawals haven’t been paid for a week.
One of the first signs a Ponzi is starting to collapse is withdrawal issues. [Continue reading…]
Greenwood “facing extraordinary exposure” in OneCoin case
OneCoin co-founder Sebastian Greenwood has fired his attorneys on the eve of a pretrial conference.
In a filing requesting permission to withdraw from the case, Greenwood’s former attorney claims he’s “facing extraordinary exposure”. [Continue reading…]
BitConnect’s Satish Kumbhani indicted in the US
Satish Kumbhani has been indicted by a Grand Jury in San Diego.
Kumbhani, an Indian national, is the founder of the notorious BitConnect Ponzi scheme. [Continue reading…]
Intelligence Prime Capital securities fraud warning from Ontario
Intelligence Prime Capital has received a second securities fraud warning from Canadian authorities.
The latest warning was issued by the Ontario Securities Commission. [Continue reading…]
Ash Mufareh claims OnPassive working with US government
As time goes on, it’s getting harder and harder to sell the OnPassive pyramid scheme.
Webinars have blown out to just under six hours, with the latest taking place on February 21st.
In the webinar, owner Ash Mufareh made the usual fantastical marketing claims. He also threatened the free press and claims OnPassive is working with the US. government. [Continue reading…]
Success by Health trial narrowed to Individual Defendants
Resolution of several motions in the Success by Health case, have pushed the FTC’s claims against the Individual Defendants to the forefront.
A hearing was held on February 17th, following which we’ve had some important decisions come in. [Continue reading…]
