Kristijan Krstic & wife disappear after home detention release
Well that didn’t take long.
Just two weeks after being let out of custody, Kristijan Krstic and his wife have violated their release conditions and fled. [Continue reading…]
Ahmad Khawaja’s Allied Wallet fraud indictment
News broke of Allied Wallet executives being indicted on criminal charges last Friday.
At the time I was unable to access what I believed was a sealed indictment.
Sure enough a sealed indictment was filed on August 25th. Pending the arrest of three of the suspects, all of which were US-based, the DOJ requested the indictment be sealed.
The arrests went down on August 26th, prompting the unsealing of the case and access to the original indictment.
Today we go over the indictments of Allied Wallet defendants Ahmad Khawaja, Mohammed Diab, Amy Rountree and Thomas Wells. [Continue reading…]
Default judgment ordered against GTC’s Rodrigo Molina
Following an entry of default judgment recorded against Global Trading Club scammer Rodrigo Jose Castro Molina, a court has ordered the CFTC to file for default judgment. [Continue reading…]
Success Factory pyramid scheme warning from Russia
Success Factory has received a pyramid scheme warning from the Central Bank of Russia.
As per the Central Bank’s August 31st warning, Success Factory exhibits “signs of a pyramid scheme”. [Continue reading…]
Torexo Finance pyramid scheme warning from Russia
Torexo Finance has received a pyramid scheme warning from the Central Bank of Russia. [Continue reading…]
Snap Delivered: MLM gig delivery opp + securities fraud
Snap Delivered provides no information on their website about who owns or runs the company.
Marketing videos on Snap Delivered’s website are hosted by Paul Mikel. Further research reveals Mikel is CEO of Snap Delivered.
Although not explicitly clarified, I believe Mikel also owns the company.
Mikel’s LinkedIn profile places him in Florida. This syncs with the Florida address provided on Snap Delivered’s corporate documents.
MLM Legal credits Mikel (right) with extensive experience as a “top distributor and high-income earner”.
In mid 2013 Mikel launched Our Heart’s Desire, a “female focused” MLM company.
According to Mikel’s LinkedIn profile, Our Heart’s Desire wrapped up in mid 2017.
Read on for a full review of Snap Delivered’s MLM opportunity. [Continue reading…]
SuperSports Global rebrands to SuperDraft Pro, reveals execs
As part of our SuperSports Global review published in June, we noted the company planned to host a launch event in Las Vegas this month.
Here we are at the end of August and, as far as I know, no launch event took place.
SuperSports Global’s website is still just a login form, albeit with one notable difference.
SuperSports Global now goes by SuperDraft Pro. [Continue reading…]
Seychelles confirm OneCoin money laundering investigation
The Financial Crime Investigation Unit has confirmed it is investigating the allegation a Seychelles notary signed off on a fraudulent Power of Attorney.
That PoA would later be used to launder 230,000 bitcoin in stolen OneCoin investor funds. [Continue reading…]
Profit Connect defense attorneys bail, Receiver updates
On August 12th attorneys for Profit Connect defendants Brent Carson Kovar and Joy Kovar filed a motion to withdraw.
The cited reason for the withdrawal was non-payment, as well as issues securing out-of-state counsel familiar with SEC proceedings. [Continue reading…]
Argentinian OneCoin scammer shows no remorse
Coming up on nine months of being held in custody, one of Argentina’s top OneCoin promoters still feigns ignorance towards the $4 billion Ponzi scheme. [Continue reading…]
