Jacques Poujade denied contempt reconsideration & stay
Jacques Poujade’s attempt to reverse an order directing him to surrender money and assets has been denied. [Continue reading…]
Premier Financial Alliance denied arbitration and venue change
In response to Plaintiffs Rui Chen’s and Wenjian Gozales’ pyramid scheme lawsuit, Premier Financial Alliance attempted to compel arbitration.
The motion was denied January 22nd, 2019, prompting PFA to file a Motion for Reconsideration.
On December 19th, PFA’s Motion for Reconsideration was also denied. [Continue reading…]
Traffic Monsoon victim claims process approved
The Traffic Monsoon Receiver’s proposed claims process has been approved.
This means we now have a set cutoff date and procedural instructions for claim filing. [Continue reading…]
HashFinders Review: 2.9% daily returns bitcoin Ponzi scheme
HashFinders provides no information about who owns or runs the company on their website.
HashFinders website domain was first registered in 2016. Currently Hashfinders’ registration is private and was last updated on September 5th, 2019.
On its website, HashFinders claims
In middle of 2016, the company HASHFINDERS was created in Korea with a group specialized in blockchain, cryptography and mining algorithms.
This backstory is baloney. A check on the WayBackMachine reveals that as late as August 2019 HashFinders’ website domain was parked.
The current website went live on or around September 5th, which is likely when HashFinders’ admin(s) took possession of the domain.
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…]
Russell Whitney’s estate settles MOBE fraud with FTC
Russell Whitney’s estate has settled with the FTC.
As part of the settlement, a $1,428,616 monetary judgement has been awarded. [Continue reading…]
Traffic Monsoon claims process approval sought ($114 million)
Good news for those of you who keep asking when you’ll be able to file claims, the Traffic Monsoon Receiver has sought claims process approval. [Continue reading…]
Carlos Wanzeler & Carlos Costa arrested in Brazil
After what feels like far too long, news today that TelexFree co-founders Carlos Wanzeler and Carlos Costa have been arrested in Brazil. [Continue reading…]
SalesVision Review: My Daily Choice sales funnel goes rogue
SalesVision’s website hearkens back to those annoying vertical sales pitch funnels that were a thing ~5 years ago.
You know the type, yellow highlighting, bold red text and endless scrolling to get to the cost.
One thing I’ll give SalesVision is that at least it’s upfront about who’s running the company. [Continue reading…]
Crypto Societi Review: From the ashes of BitClub Network?
Crypto Societi at present doesn’t have a website. Anything online to do with the company was recently pulled offline.
At the time of publication Crypto Societi’s website domain is parked, but that doesn’t mean there’s no information out there.
What I wasn’t able to establish is who’s behind Crypto Societi. I’ve received intel that BitClub Network co-founder CEO Russ Medlin is connected, but wasn’t able to independently verify.
If true though, Crypto Societi is DOA.
Medlin (right) is believed to be wanted wanted by US authorities for his role in running BitClub Network, a $722 million dollar Ponzi scheme.
That might explain why Crypto Societi’s once functioning website was abruptly pulled.
In any event, here’s what we know so far. [Continue reading…]
Quaestor Solutions pulls the plug on boxing
We last visited Quaestor World earlier this year. Back then owner Svend Rasmussen was desparetly trying to set up a money laundering channel through boxing.
Now, nine months later, Rasmussen is pulling the plug on the whole QBoxing operation. [Continue reading…]
