CashFX Group’s Master Trader is a taxi driver
Back in late 2019 CashFX Group held a “Grand Launch” event in Panama.
Present at the event were CashFX Group’s supposed traders; Hildo Emerenciana, Javier Leito, John Wilson and John Loefstop.
The above is what CashFX’s “about” page on its website looked circa January 2020.
When people started asking questions, CashFX Group removed all executive information from its website.
Hosting the Panama event was Edwin Abad, CashFX Group’s VP Trading of Operations [sic]. [Continue reading…]
GSPartners uses COVID-19 vaccination passports to plug Ponzi
In its latest attempt to pitch its Ponzi scheme, Josip Heit’s GSPartners attempts to insert itself into the COVID-19 vaccination passport discussion. [Continue reading…]
Merchant accuses WorldVentures of dangerously illegal conduct
In a complaint filed on March 30th, travel merchant Viva Voyage has accused WorldVentures of “illegal conduct (that) greatly endangers the public”. [Continue reading…]
UpMoney pyramid scheme busted in South Africa, fined R1M
A visit to UpMoney’s website reveals no specifics about the company’s business model.
Instead, prospective affiliates are told they can ‘turn twenty Rands into groceries and R500, daily.’
How?
By recruiting new UpMoney affiliates who pay R20, who recruit new affiliates who pay R20 etc., etc.
Weaved into this are grocery products:
Rendering UpMoney a readily identifiable product-based pyramid scheme.
On the “about us” section of UpMoney’s website, no company ownership information is provided.
For that information you have to head over to UpMoney’s official YouTube channel. It’s not directly linked from UpMoney’s website either.
Or you could turn to media reports calling out UpMoney as a pyramid scheme, dating back to mid last year. [Continue reading…]
CubeBit rebooting for a third time?
CubeBit appears to be gearing up for a third reboot of its Ponzi scheme.
Well, they’re trying to anyway. [Continue reading…]
~1200 BTC recovered from Mirror Trading International
South African authorities have recovered approximately 1200 BTC, held in an account belonging to Mirror Trading International.
The account was held with FXChoice, who MTI appear to have hoped to launder the stolen funds through. [Continue reading…]
Jay Bennett granted arbitration in Isagenix retail racket case
Two procedural updates in the Isagenix Amazon retail racket case, filed just over a year ago.
The first update pertains to individual arbitration being granted to individual defendant Jay Bennett.
The second update is Isagenix and the individual defendants failing to get the lawsuit dismissed. [Continue reading…]
QubitLife added to Malaysia’s investor alert list (securities fraud)
As a result of ongoing securities fraud violations QubitLife, formerly QubitTech, has been added to Malaysia’s investor alert list.
We’re a bit late on this one as Malaysia’s securities commission added QubitTech late last year. [Continue reading…]
QubitLife securities fraud warning issued in Bahamas
QubitLife, formerly QubitTech, has received a securities fraud notice from the Securities Commission of the Bahamas.
As per the the SCB’s 19th March notice; [Continue reading…]
Wiseling securities fraud notice issued in Bahamas
Wiseling has received a securities fraud notice from the Securities Commission of the Bahamas.
It should be noted what the Wiseling collapsed last month. The Ponzi scheme’s CEO, Matias Lappo, has been outed as an actor from St. Petersburg. [Continue reading…]
