Global Trading Club scammers settle CFTC fraud charges
The CFTC has approved settlements with three of four Global Trading Club scammers.
The Global Trading Club settlements were presented to the court on July 27th as consent orders. [Continue reading…]
Kirill Doronin facing ten years in prison over Finiko fraud
Following his arrest last Friday, details of Kirill Doronin’s criminal charges have been revealed.
Russian authorities have charged Doronin ‘under Part 4 of Article 159 of the Criminal Code (fraud by a group of persons or on an especially large scale)’.
If convicted, Doronin faces a maximum ten year prison sentence. [Continue reading…]
Argentinian OneCoin arrests climb to fourteen (4 new)
As part of the ongoing Argentinian investigation into OneCoin, prosecutors in Cordoba have approved the arrest of four additional suspects.
Rodrigo Domínguez, Aldo Leguizamón and two other people stand accused of defrauding clients through the OneCoin Ponzi scheme. [Continue reading…]
PGI Global reboot: RV Palafox on the run from US authorities?
Following PGI Global’s collapse winding up in late June, Ramil Ventura Palafox (aka RV Palafox) has announced a reboot Ponzi scheme.
Strangely enough, Palafox won’t be running PGI Global 2.0. [Continue reading…]
HyperFund Compliance Officer Hope Hill outed as Ronae Jull
Ten years ago Ronae Jull was marketing herself as the “Hope Coach”.
As the Hope Coach, Jull stated in 2011 that she
would like to be remembered as a person with passion for joyful living that managed to successfully reach out to hurting people and helped to bring them hope and healing.
Ten years later and something has gone horribly wrong.
Jull is an executive at one of the largest MLM Ponzi schemes in operation today. She’s also signed on as an investor.
Instead of offering “hope and healing”, Jull now inflicts others with “broke and stealing”. [Continue reading…]
Eric J. Dalius’ Saivian fraud case fails mediation, heads to trial
Defendants Eric J. Dalius and Ryan Evans have failed to reach a settlement with the SEC.
As a result, the Saivian Ponzi scheme fraud case will now head to trial. [Continue reading…]
Finiko founder Kirill Doronin arrested by Russian authorities
Russian authorities have arrested Finiko founder Kirill Doronin.
According to Russian media reports, Doronin was picked up and detained in Kazan, Tartarstan. [Continue reading…]
Evolution Gifting Community a reboot of Gifting Communities?
Ben Quigley’s Gifting Communities might be in the process of being rebooted as Evolution Gifting Communities.
At the time of publication Evolution Gifting Communities hasn’t gone beyond soliciting a list of gullible suckers to steal from. [Continue reading…]
GSPartners “CEO” Michael Dalcoe silencing affiliate dissent
On LinkedIn Michael Dalcoe cites himself as a member of GSPartners’ “Executive Council”.
On YouTube Dalcoe titles himself as CEO of the company:
Whatever his official role within the Ponzi scheme, evidently one of Dalcoe’s roles is silencing affiliates who complain. [Continue reading…]
MyCOM Review: Failed ecom platform turns to crypto fraud
Owing to MyCOM intentionally omitting details of their MLM opportunity in their marketing, this isn’t a typical BehindMLM review.
Hiding information is a common occurrence across the various facets of parent company Tesora Financial’s operations, which made putting together this review a headache.
On that basis alone I’d recommend avoiding MyCOM and Tesora Financial. MLM companies only go to these lengths to hide information when they’re up to no good.
If you want to know what exactly MyCOM and Tesora Financial are up to, read on. [Continue reading…]
