The Bank of Namibia has issued a pyramid scheme warning against Karatbars International. [Continue reading…]

An ACN related class-action lawsuit has survived a motion to dismiss.

On July 24th RICO claims filed against the Trump family in connection to promotion of ACN were dismissed.

Six counts pertaining to fraud, false advertising and unfair competition survived and remain standing. [Continue reading…]

Desperate for a distraction after their Dubai ruse collapsed, Skyway Capital has signed Steven Seagal on for a celebrity endorsement. [Continue reading…]

The Traffic Monsoon Receiver has filed for an entry of default against five Traffic Monsoon clawback defendants. [Continue reading…]

You’d think with their CEO in prison and former CEO and founder a fugitive on the run, that OneCoin would be laying low.

But no… OneCoin is gearing up to hold a secret Global Mastermind event in Bali, Indonesia next month.

As is typical for OneCoin, the planned Global Mastermind event was booked without disclosing either the OneCoin or OneLife company names. [Continue reading…]

Neora’s former product supplier, Nerium Biotechnology and Nerium Skincare (together represented as Nerium Biotech), have sued the company for allegedly using false product testimonials. [Continue reading…]

Cash FX Group provides no information on their website about who owns or runs the business.

Cash FX Group’s website domain (“cashfxgroup.com”) was privately registered on March 4th, 2019.

Update 13th October 2019 – CashFX affiliates are citing Huascar Lopez as founder and CEO of the company.

As best I can make out, Lopez appears to be from the Dominican Republic.

The only MLM company I was able to peg Lopez too was My Fun Life circa 2013-2014. /end update

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…]

Authorities in Surat, Gujurat arrested Rakesh Savani last Friday.

Savani is identified as a “Asian region promoter” of BitConnect, the notorious MLM cryptocurrency Ponzi scheme. [Continue reading…]

Earlier this year NewULife filed a lawsuit against a former distributor for claims made against the company.

What differentiated this case was that the cited claims were taken from private Facebook chats, which neither party had provided to NewULife.

Kevin Thompson, who is representing defendant Georgia Hargett (aka Georgia Balsley), recently provided some updates on the case. [Continue reading…]

Five university professors have filed a brief in support of Charles Scoville’s Traffic Monsoon SCOTUS writ. [Continue reading…]