Craig Grant lists BitConnect villa on AirBNB
Craig Grant has listed his BitConnect villa on AirBNB.
As per the listing above, which is live, Grant’s BitConnect villa is located in Spring Garden, Jamaica. [Continue reading…]
Brent Kovar indicted on Profit Connect fraud charges
A Grand Jury has indicted Profit Connect founder Brent Carson Kovar.
Kovar, a Nevada resident, was indicted on February 12th and arrested on February 13th. [Continue reading…]
Ovidiu Toma’s CryptoData offices raided in Romania
Romanian authorities have raided the offices of CryptoData, a crypto development firm co-founded by Ovidiu Toma and Bogdan Mărunțiș.
Toma is a serial fraudster tied to multiple MLM crypto Ponzi schemes. [Continue reading…]
Juan Caminero settles Profit Connect fraud for $10,500
Juan Caminero, aka John Caminero, has settled Profit Connect fraud with the Profit Connect Receiver.
As per a January 22nd filed proposed settlement, Caminero will pay back $10,500. [Continue reading…]
Leonardo Cositorto cops 12 year prison sentence in Goya case
Generation Zoe founder Leonardo Cositorto has been sentenced to 12 years in prison.
A Goya court handed down Cositorto’s sentence earlier today, following a guilty verdict last Thursday. [Continue reading…]
City 2000 Review: Stolen identity “click a button” Ponzi
City 2000 fails to provide ownership or executive information on its website.
City 2000’s website domain (“app.city2000.cc”), was registered with bogus details on August 12th, 2024.
Of note is City 2000’s website domain being registered through the Chinese registrar Alibaba (Singapore).
City 2000 has already attracted the attention of financial regulators. The Central Bank of Russia issued a City 2000 pyramid fraud warning on February 21st, 2025.
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…]
Niolic Review: AI avatar CEO MLM “click a button” Ponzi
Niolic fails to provide verifiable ownership or executive information on its website.
Niolic presents its CEO as “John Lamb”:
Lamb doesn’t exist outside of Niolic’s own marketing. This is because Lamb is represented by an AI-generated avatar.
While the avatar might be based off an actual person, analysis of Niolic marketing videos featuring Lamb reveal janky movements and an AI robodub.
Other presented Niolic executives are also AI-generated avatars.
Another red flag is Niolic presenting a legal address in the Isle of Man. There’s no legitimate reason for an MLM company to have anything to do with the Isle of Man.
Niolic’s provided UK “office” address is a random skyscraper that doesn’t appear to have anything to do with the company.
Niolic’s website domain (“niolic.com”), was privately registered on July 11th, 2024.
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…]
TCC’s Douver Braga arrested in Switzerland, extradited to US
Douver Torres Braga, 48, has been indicted on Trade Coin Club related criminal charges.
Braga owned Trade Coin Club but hid ownership by posing as its Master Distributor. [Continue reading…]
Utah mayor is a T7X board member (Trusted Smart Chain fraud)
Trent Staggs is and has been the mayor of Riverton, Utah since 2018.
In what is potentially an abuse of office with respect to conflicts arising from verifiable securities fraud, Staggs is also a member of T7X’s Board of Directors.
In his capacity as Mayor of Riverton, Staggs appeared on a Trusted Smart Chain marketing webinar on January 28th.
In this exclusive interview, Travis Flaherty sits down with Mayor Trent Staggs, former Trump-endorsed U.S. candidate, to dive deep into the political landscape of the blockchain industry.
Trent shares his insights on the future of tokenizing real-world assets (RWAs), and why he chose to take a key position on the board of T7x.
Ah shit, here we go again… [Continue reading…]
USD Cannondale Review: Stolen identity “click a button” Ponzi
USD Cannondale fails to provide ownership or executive information on its website.
USD Cannondale operates from two known website domains:
- usdcannondale.xyz – registered with bogus details on February 13th, 2025
- app.mscusd.cc – registered with bogus details on December 26th, 2024
USD Cannondale has already attracted the attention of financial regulators. The Central Bank of Russia issued a USD Cannondale pyramid fraud warning on February 21st, 2025.
Of note is USD Cannondale’s .CC website domain being registered through the Chinese registrar Alibaba (Singapore).
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…]
