WorldVentures settles Viva Voyage’s “illegal conduct” lawsuit
Last month WorldVentures filed a proposed “compromise and settlement” reached with plaintiff Viva Voyage.
The proposed settlement was approved by the bankruptcy on October 4th. [Continue reading…]
FTC returns $1.1 mill to 8 Figure Dream Lifestyle victims
Following a $31.9 million dollar settlement reached in 2020, the FTC has announced $1.1 million has been returned to 8 Figure Dream Lifestyle victims. [Continue reading…]
Monat’s Australian launch is a pyramid scheme?
Last month Monat announced it was launching in Australia. Well, kind of.
Between October 1st and October 30th, recruitment of Australian Monat affiliates is open. Retail sales don’t start till November 1st.
The problem is Monat is tracking and paying on sales volume generated from October 1st. That’s 100% recruited affiliate volume. [Continue reading…]
GSPartners’ new super secret XLT securities fraud brochure
GSPartners affiliates have conceded the company is committing securities fraud.
Unfortunately they’re of the mistaken belief that hiding securities fraud makes it less illegal. [Continue reading…]
OneCoin loses Santander account, now using Metro Bank
OneCoin appears to have lost its Polish Santander Bank account.
The Ponzi scheme is now laundering money through Metro Bank in the UK. [Continue reading…]
Spice Jazz v. Youngevity settlement finalized & approved
Back in July Spice Jazz and Youngevity announced they’d reached a settlement in their ongoing legal battle.
In August the JRJR33 Bankruptcy Trustee filed a motion requesting approval of a settlement between Spice Jazz and Youngevity.
On September 13th the motion was granted. [Continue reading…]
Kuailian collapses, blames “market conditions” & victims
The Kuailian Ponzi scheme has collapsed.
The company is offering affiliates three options going forward. [Continue reading…]
Mark Scott alleges deeper Konstantin lies, wants to delay case
OneCoin money launderer Mark Scott is alleging Konstantin Ignatov’s perjury is “far more extensive” than he admitted.
As a result, Scott wants to delay proceedings related to his new trial motion. [Continue reading…]
Jay Noland fails to overturn Success by Health prelim injunction
Last November the Success by Health defendants appealed to the Ninth Circuit, seeking to overturn the granted preliminary injunction.
On July 26th the Ninth Circuit submitted its decision, affirming the District Court’s decision to deny the motion to dissolve the preliminary injunction.
The Ninth Circuit’s decision was filed on the FTC v. Success by Health case docket on September 22nd. [Continue reading…]
HyperFund securities fraud warning issued in New Zealand
HyperFund has received a securities fraud warning from New Zealand’s Financial Markets Authority. [Continue reading…]
