BitConnect defendant Glenn Arcaro’s BitConnect sentencing has been delayed till May 6th, 2022. [Continue reading…]

The Success By Health defendants have voluntarily withdrawn their injunction appeal.

No reason for the withdrawal was given, with the case docket only recording withdrawal was granted on December 14th. [Continue reading…]

The Traffic Monsoon Receiver has announced she’s stopped pursuing the sale of Charles Scoville’s UK flat. [Continue reading…]

A defamation lawsuit filed in an Ohio County Court reveals BlackOxygen Organics had a culture of lies and deception. [Continue reading…]

Zeniq Technologies has received a securities fraud warning from Dubai.

No, that’s not a typo. [Continue reading…]

As part of WorldVentures bankruptcy proceedings, Wayne Nugent is required to hand over ‘passwords to certain internet domains that belong to’ parent company Spherature Investments.

He hasn’t, prompting the Liquidating Trustee to file for contempt. [Continue reading…]

Haojia Miao has pled guilty to one count of wire fraud.

Miao (aka Haljia Miao and Stan Miao), is part of Kristijan Krstic’s Ponzi empire. He was arrested in California in October 2020. [Continue reading…]

The CFTC has been denied summary judgment against Alan Friedland (right).

The Compcoin fraud case continues towards trial, now scheduled for January 31st, 2022.

The CFTC moved for summary judgment against Friedland back in July.

In their filing, the CFTC argued there was “no genuine issue of these material facts” in the case. [Continue reading…]

On December 15th, Mark Scott finally filed his case for a OneCoin retrial.

Scott was convicted in November 2019 and seeks to overturn his conviction.

Arguments raised by Scott in favor of a retrial focus on two instances perjury by witness Konstantin Ignatov, and how the perjury allegedly impacted the jury’s guilty verdict. [Continue reading…]

Validus popped up on my radar as a result of its recent acquisition of AuLives.

AuLives being a Ponzi scheme, launched by former OneCoin scammers in mid 2018.

At time of publication Alexa ranks traffic to AuLives’ website as “N/A”, i.e. too small to measure.

What we take away from this is AuLives collapsed some time ago. AuLives’ official Facebook page was abandoned in November 2019.

What Validus in fact purchased was the AuLives affiliate investor database.

One last cash grab by AuLives founders Parwiz Daud and Mansour Tawafi.

There’s no mention of Parwiz Daud on Validus’ website or social media channels.

Frank Ricketts signed on for a brief stint as CEO of AuLives. Ricketts is currently on trial for OneCoin money laundering in Germany, so there’s no mention of him either.

Mansour Tawafi however has signed on as Validus’ “new VP of sales”.

Wait a minute… pre-launch call?

Validus’ website domain was registered on June 15th, 2021. The company created its official Facebook page on June 16th.

There’s nothing “prelaunch” about Validus. The company has been marketing for seven months.

About a month after it launched, Validus featured its CEO in a marketing video. A month later, in August, the CEO was introduced as “Howard Friend”.

Friend has a finance marketing history. Validus appears to be his first MLM gig.

Evidently Friend’s finance career didn’t work out. So he relocated to Dubai and here we are with Validus.

I’d be very surprised if Friend was actually behind Validus.

Update 3rd February 2022 – Parwiz Daud has crawled out of Dubai’s shadows. He’s appointed himself Validus’ Chief Network Officer.

Seeing as Daud part owns the company not sure why the facade but hey. It is what it is. /end update

Alexa currently ranks Nigeria as the only notable source of traffic to Validus’ website (93%).

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