Sebastian Greenwood rejects plea deal, tons of new evidence
Two interesting updates have come from a May 27th Status Conference in Sebastian Greenwood’s criminal case.
The first update is that efforts to negotiate a pre-trial disposition of the case have thus far been unsuccessful.
As explained by prosecuting DOJ attorney Nicholas Folly; [Continue reading…]
Digital Income System fraud settlements top $3.5 mill dollars
Earlier this month we reported on the FTC reaching settlements with several Digital Income Systems defendants.
On May 26th the FTC filed notices of settlement approval for defendants Jennifer Hedrick (aka Jennifer Maurer), Derek Jones Foley and William Foley, Christopher Brandon Frye and Kaitlyn Scott. [Continue reading…]
FTC files for new Success by Health preliminary injunction
In our last Success by Health update we noted the court had given
Success by Health until May 21st to ‘file a motion to dissolve or modify the Preliminary Injunction and receivership’.
To that end Success by Health filed a memorandum detailing what they believed the recent AMG decision had on the FTC’s case.
Three days before that was filed however, the FTC filed a motion requesting a new preliminary injunction be granted. [Continue reading…]
Global Trading Club scammers on track to settle with CFTC
The Global Trade Club defendants are heading towards settlement agreements with the CFTC. [Continue reading…]
VPL Receivership to disband, Cardiffs & FTC share costs
As part of the fallout of the AMG decision wreaking havoc on FTC regulatory cases, the VPL Receivership is schedule to be discharged.
The VPL Receivership was established as part of the FTC’s ongoing Redwood Scientific Technologies fraud case. [Continue reading…]
PetronPay collapses, initiates PETRON token exit-scam
In late April PetronPay disabled withdrawals and effectively collapsed.
Not content to just do a runner with invested funds, PetronPay’s anonymous admins initiated the token exit-scam model. [Continue reading…]
QubitLife banned in Italy, CMO Marc Swickle does a runner
QubitLife has been officially banned by Italian regulators.
The move by CONSOB, Italy’s top financial regulator, came a week before QubitLife informed 250,000+ victims it was disabling withdrawals. [Continue reading…]
Elysium Capital closes trading accounts, blames Equiti Group
Elysium Capital has informed investors it has closed its trading accounts.
In an email sent out to investors, Elysium Capital blamed its broker Equity Group. [Continue reading…]
Rostex Global Boris CEO Ponzi scheme collapses
Rostex Global is a Boris CEO Ponzi scheme that was recently added to BehindMLM’s review list.
Unfortunately it collapsed before I could publish a review. [Continue reading…]
QubitLife collapses; no withdrawals & CEO Greg Limon MIA
Following a lavish event held in Dubai for its top net-winners, QubitLife has informed the rest of its affiliate-base, over a quarter of a million victims, that withdrawals have been suspended.
QubitLife will also cease calculating daily returns, as the Ponzi scheme initiates its previously announced shit token exit-scam. [Continue reading…]
