Lyconet has been added to the Central Bank of Russia’s illegal company blacklist. [Continue reading…]

A QNet affiliate in Ghana has committed suicide.

The death follows reports the former teacher took out a loan to join QNet. [Continue reading…]

Antares Trade has been added to the Central Bank of Russia’s list of companies engaged in “illegal activities”. [Continue reading…]

Following the introduction of its FNK token exit-scam, Finiko has disabled withdrawals confirming its collapse.

Owing to it being a Russian Ponzi scheme, specific details of Finiko’s collapse are scarce. I’m relying on auto-translations for the most part. [Continue reading…]

TriumphFX has been banned by Indonesian authorities due to investment fraud. [Continue reading…]

You won’t find his name anywhere on EmpiresX’s website.

A quick search through YouTube however, returns plenty of videos citing “Joshua Nicholas Gregg” as EmpiresX’s Master Trader.

Supposedly, Gregg, sometimes credited as just Joshua Greg/Gregg or Josh Greg/Gregg, works for Goldman Sachs in New York. [Continue reading…]

Arguably central to GSPartners’ G999 Ponzi scheme is Gold Standard Bank (GSB).

On GSPartners’ website and in their marketing material Gold Standard Bank is represented as holding a banking license in Mwali.

If you’ve never heard of Mwali, you’re not alone. It’s a tiny island off the eastern coast of Africa. [Continue reading…]

A BehindMLM reader has wrote in to share Royal Returns is under regulatory investigation in Ireland. [Continue reading…]

Bitlocity has announced the launch of its own shit token …

…paving the way for the gifting scheme’s inevitable exit-scam. [Continue reading…]

Following unsuccessful mediation proceedings, the CFTC has moved for summary judgment against Alan Friedland. [Continue reading…]