David Pike, second OneCoin money launderer arrested

US authorities have arrested a second OneCoin money launderer, David R. Pike.

Pike worked with convicted OneCoin money launderer Mark S. Scott. He was apprehended after lying to federal agents about laundered OneCoin money. [Continue reading…]

Wakaya Perfection sues insurer, counterclaim filed

Wakaya Perfection has sued their insurer, Liberty Mutual, for failing to uphold an insurance contract.

In answering Wakaya Perfection’s lawsuit, Liberty Mutual has turned around and filed a counterclaim. [Continue reading…]

Derrick Keller cleared of Eagle Gates Group charges

A Bangkok court has found Derrick Keller not guilty over his association with the Eagle Gates Group Ponzi scheme. [Continue reading…]

Mark Scott guilty, OneCoin’s Bulgaria office cleared out

In a verdict that will likely surprise no one, a jury has found Mark Scott guilty of laundering money for OneCoin. [Continue reading…]

Traffic Monsoon victim claims process “moving forward”

Following the denial of Charles Scoville’s SCOTUS writ bid, the Receiver has announced the victim claims process is moving forward. [Continue reading…]

Lyoness reported to Norwegian police for criminal offenses

The Norwegian Gaming Board has reported Lyoness to local police.

The regulator suspects Lyoness, who also operates at Lyconet and Cashback World, has committed “criminal offenses” across the country. [Continue reading…]

Jeffrey Feldman’s DFRF trial scheduled for March 2020

Jeffrey Feldman’s DFRF Enterprises trial has been scheduled for March 2020.

The SEC’s initial lawsuit cited Feldman, a convicted felon, as DFRF Enterprises’ fake insurance guy. [Continue reading…]

Second superseding indictment filed in Infinity2Global case

A second superseding indictment has been filed against Richard Maike and the rest of the Infinity2Global defendant scammers.

A first superseding indictment was filed back in July 2018. As with the first superseding indictment, there doesn’t appear to be much difference between the second superseding indictment and the original (filed June 2017). [Continue reading…]

Payza money laundering indictment resolutions on horizon

Our last update on the Payza indictments was Firoz Patel pleading not guilty back in January.

Since then negotiations have been going on behind the scenes, leading towards what will likely be a plea bargain. [Continue reading…]

Ruja Ignatova’s warning underscores OneCoin mafia ties

A secretly recorded conversation between Ruja Ignatova and Gilberto Armenta, her boyfriend, underscores links between OneCoin and organized crime. [Continue reading…]