OneCoin will not go public on October 8th, delayed indefinitely into 2019
At a recent OneCoin event held in Argentina, Konstanin Ignatov has confirmed OneCoin will not be going public on October 8th. [Continue reading…]
Daniel Filho declared incompetent to stand trial, charges to be dismissed
State state of Daniel Filho’s mental health has been dragging on for some time.
Last we checked in was just under a year ago, wherein a motion requesting the appointment of a Receivership was denied.
At issue was Filho not being convicted of a crime, which is technically true.
Despite being indicted in 2015, Filho’s ongoing mental health issues have prevented him from standing trial. [Continue reading…]
TVizion fails to respond to Dish Network’s lawsuit, default entered
Having been served by Dish Network on June 8th, TVizion has thus far failed to respond to their copyright infringement lawsuit.
This prompted Dish Network to file an application for a Clerk’s Entry of Default, which was made on July 23rd. [Continue reading…]
Nui restructures, pseudo-compliance and responding to cease & desist
Seemingly in response to Texas’ cease and desist, Nui has announced it is restructuring its affiliate offering.
We haven’t heard much from CEO Darren Olayan after he claimed securities regulation didn’t exist a few weeks ago.
Thus is was left to “Keystone Leaders” Jim Paré and Casey Combden to front affiliates. [Continue reading…]
Genesis Mining dismissed from South Carolina cease and desist
Cloud mining company Genesis Mining found itself the recipient of a securities fraud cease and desist, as part of South Carolina’s crackdown on Swiss Gold Global.
Despite indicating they wouldn’t be challenging the notice, information was nonetheless submitted to the South Carolina Securities Division.
Based on this information, Genesis Mining’s cease and desist has been dismissed. [Continue reading…]
WorldVentures denied preliminary injunction against MaVie & Ariix
Having successfully overturned an ex parte TRO, defendants MaVie and Ariix have survived WorldVentures’ motion for a preliminary injunction. [Continue reading…]
OneCoin received money laundering tip off from government official
Insight into how OneCoin seemingly manage to keep one step ahead of authorities has surfaced, courtesy of a District Court judgment in Germany.
The case involved a government tax official facing allegations he tipped off a friend about a money laundering investigation. [Continue reading…]
Multi-Buy World’s bank accounts terminated, withdrawals suspended
Multi-Buy World surfaced in early 2017 and are fast approaching the two-year period in which most online Ponzi schemes collapse.
The business appears to be winding down on schedule, following the company’s claim its bank accounts have been terminated. [Continue reading…]
CGI Global promise millions in earnings through Magellan International
CGI Limited surfaced earlier this year as new entry into the MLM cryptocurrency niche.
Combining unregistered securities with cryptocurrency gambling through Coinsinos, CGI Limited planned to operate via its betchips altcoin.
Since our February 2018 CGI Limited review, the company has rebranded itself as CGI Global.
Coinsinos appears to have been abandoned, with CGI Global touting millions through something called “Magellan International Alliances, Corp.” [Continue reading…]
179,000 EUR linked to OneCoin tax fraud seized in Finland
A District Court in the Ostrobothnia region of Finland has approved the seizure of €179,000 EUR.
The order was made against a Finnish OneCoin affiliate, who is a suspect in a criminal case related to tax fraud. [Continue reading…]
