Young Living’s RICO class action arbitration motion denied
Young Living’s attempt to compel arbitration in the RICO class-action filed against it has been denied. [Continue reading…]
TelexFree funds used to purchase Florida apartments
Brazilian prosecutors allege Carlos Costa, co-founder of TelexFree Brazil, used investor funds to purchase ten apartments in Florida. [Continue reading…]
Valentus SlimRoast health warning issued in Singapore
Singapore’s Health Science Authority has issued a health warning pertaining to Valentus’ SlimRoast Optimum Dark Roast Coffee. [Continue reading…]
OneCoin lawyer claims Konstantin Ignatov released
In recent email correspondence with Norwegian press, OneCoin lawyer Per Danielsen had a lot to say on recent events. [Continue reading…]
Sports Trading BTC collapses, Global Credits Network reboot
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 collapses, merged with Onyx Lifestyle
Dunamis Global Tech has collapsed.
On a recent company webinar, Dunamis Global Tech admins announced a merger with Onyx Lifestyle. [Continue reading…]
Two more OneCoin domains offline, under investigation
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 Review: TORQ token Ponzi points
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…]
Traffic Monsoon 2nd appeal gone, Receiver to subpoena bank
On November 26th the Tenth Circuit dismissed Charles Scoville’s second filed Traffic Monsoon appeal. [Continue reading…]
ArbiSmart Review: RBIS Ponzi points investment fraud
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…]
