Initially I wasn’t sure I wanted to cover the OneCoin movie. Given the current situation around the world, I feel upcoming movie projects are very much up in the air.

That said, with the news Kate Winslet is on board, it seems, at least for now, the OneCoin movie “Fake!” has legs. [Continue reading…]

Armen Temurian, a defendant in Phillip Piccolo’s Vista Network case, has been hit with sanctions over a bungled motion to dismiss.

Piccolo also filed for judicial default on October 9th. [Continue reading…]

Last year a OneCoin victim filed a proposed class-action in New York.

There’s been some significant changes to case since last May, culminating in a Second Amended Complaint filed on September 24th.

Today we take a look at where the OneCoin class-action is at. [Continue reading…]

Serial securities law offender Faith Sloan has confirmed CashFX Group is engaged in securities fraud.

In doing so, she’s also confirmed repeated violation of her 2019 TelexFree final judgment. [Continue reading…]

Despite being found to be in contempt, last month Jason Cardiff dodged incarceration based on representations that VPL Medical was a viable business.

In a nutshell, the court ruled that Cardiff being put to work for VPL was of more benefit to the FTC than incarceration.

As part of that arrangement, the court-appointed Redwood Receiver is required to file periodic status reports.

As per the Receiver’s first October 1st report, production at VPL Medical is “approximately four weeks behind” schedule. [Continue reading…]

As per the FTC’s Neora case docket, a three-week bench trial has been scheduled for October 11th, 2022.

No that’s not a typo, the trial is two years away. [Continue reading…]

An investigation by the Pennsylvania Attorney General has found LuLaRoe’s Buy Back Policy to be “unfair and deceptive”.

The AG alleges LuLaRoe’s business practices are in violation of Pennsylvania Consumer Protection Law. [Continue reading…]

Given the amount of OneCoin scammers that have been indicted in the US, it’s difficult to keep track of the upcoming sentencing dates.

Throw in the pandemic and constant resetting of dates and… well, you’d be forgiven for losing track of who’s being sentenced when.

It’s my job to keep track of these things and when someone asks me even I draw a blank.

Following one such occurrence earlier today, I thought it’d be a good idea to put together the current dates in a separate article.

That means I can point anyone looking for the dates here, as well as being able to update the dates as they’re constantly pushed back. [Continue reading…]

DaBank Economy provides no information on its website about who owns or runt the company.

From my own research I’ve been able to piece together three components of DaBank Economy; DaBank Economy itself, Syscom and EonNet.

DaBank Economy is the MLM opportunity.

Syscom is a communication app (calls, chat, file sharing, blogs), with cloud storage. I believe this integrates into EonNet as a purchasable service.

Eonet is a social network of some sort. It doesn’t appear to exist as a standalone service.

Syscom has a website but again fails to disclose any company ownership or management details.

Traffic to both DaBank Economy and Syscom’s website is too low to be ranked by Alexa.

Practically all the marketing I found for DaBank Economy, Syscom and EonNet is targeted at Indians (based on language).

This combined with DaBank Economy and Syscom having UK domains, suggests whoever is running the companies is either in India, or is based out of the UK and targeting Indians.

The use of GBP in DaBank Economy’s compensation material favors the latter.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]

The drawn out legal battle between Youngevity and Wakaya Perfection has finally received a tentative trial date.

March 22nd, 2021 is the date set, following a pretrial conference held on October 5th. [Continue reading…]