In recent email correspondence with Norwegian press, OneCoin lawyer Per Danielsen had a lot to say on recent events. [Continue reading…]

Less than two months out from launch, Sports Trading BTC has collapsed.

Owner James Ward has announced a Global Credits Network reboot. [Continue reading…]

Dunamis Global Tech has collapsed.

On a recent company webinar, Dunamis Global Tech admins announced a merger with Onyx Lifestyle. [Continue reading…]

Two more of OneCoin’s website domains have been pulled offline.

DNS records reveal the domains were pulled due to an investigation by domain registry EurID. [Continue reading…]

Torque Trading Systems provides no information on its website about who owns or runs the business.

Torque Trading Systems’ website domain (“torque.asia”) was registered on July 25th, 2019.

Torque Group Holdings is listed as the owner, through an incomplete address in the British Virgin Islands.

The British Virgin Islands is a scam friendly jurisdiction with little to no regulation. There is no reason for a legitimate MLM company to incorporate itself there.

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…]

On November 26th the Tenth Circuit dismissed Charles Scoville’s second filed Traffic Monsoon appeal. [Continue reading…]

ArbiSmart provides no information about who owns or runs the company on its website.

ArbiSmart’s website domain (“arbismart.com”) was first registered in July 2018.

The domain registration was last updated in June 2019 and lists “ArbiSmart OU” as the owner. No further details are provided.

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…]

Recruitment over at S Block has started to cool, prompting the Ponzi scheme to launch a new Plan Flash investment spinoff. [Continue reading…]

Rather than comply with an order directing him to follow several monetary and asset surrender orders, Jacques Poujade has filed an appeal.

Poujade is appealing an October 29th order, which imposes monetary fines running into tens of thousands for non-compliance. [Continue reading…]

OneCoin’s website has gone offline.

DNS records show that while the company still owns the website domain, it is now under investigation. [Continue reading…]