Brazilian authorities confirm Steynberg’s death, drop case
Brazilian authorities have confirmed Mirror Trading International CEO Johannes Steynberg’s death.
Subsequently, an identity fraud related criminal case against Steynberg have been dropped. [Continue reading…]
Herbal Alchemy terminates MLM opportunity
Herbal Alchemy has terminated it’s MLM opportunity.
Strangely enough Herbal Alchemy hasn’t issued a public statement about its decision. It’s “leadership group” however was informed on the termination on or around August 6th. [Continue reading…]
SEC investigation into iGenius ongoing as of May 2024
Investview has confirmed the SEC’s investigation into iGenius is ongoing as of May 2024.
The status update was confirmed by Investview in a 10-Q quarterly report, filed with the SEC on August 13th. [Continue reading…]
Axiome pyramid fraud warning from Russia
Axiome has received a pyramid fraud warning from Russia.
As per the Central Bank of Russia’s August 15th warning, Axiome exhibits “signs of a financial pyramid”. [Continue reading…]
The Last Network collapses, VOW “hackers!” exit-scam
The Last Network Ponzi scheme has collapsed.
On August 14th VOW claimed “a bot” had improperly acquired and sold $2 billion worth of VOW tokens. [Continue reading…]
DOJ response to MyChargeBack petition suggest indictments
The DOJ’s response to MyChargeBack’s “give us back our website domain” petition suggests indictments are coming. [Continue reading…]
Moe Diab & Amy Rountree plead guilty to Allied Wallet fraud
Mohammed “Moe” Diab and Amy Rountree have pled guilty to Allied Wallet fraud charges. [Continue reading…]
Solar Group’s new Ponzi ruse is Aerostatica zeppelins
Solar Group’s “slavyanka motor” Ponzi ruse appears to have run its course.
On August 7th, Solar Group revealed its new Ponzi ruse – Aerostatica zeppelins.
BitHarvest claims devices used in Texas mining farms
BitHarvest’s latest ruse is its USB “BitBooster” devices are being used in Texas cryptocurrency mining farms.
Which mining farms in Texas BitHarvest’s devices are purportedly being used in can’t be disclosed for verification because… well y’know, reasons. [Continue reading…]
Avon files for bankruptcy, sells off non-US operations
Avon Products, a holding company through which Avon’s non-US business operations are run, has filed for Chapter 11 bankruptcy in the US.
In an August 12th press-release, Avon framed its bankruptcy as “taking steps to address debt and legacy liabilities”.
Avon’s non-legal debts sit at around $1.29 billion. Avon’s “legacy liabilities” pertain to multiple lawsuits and settlements over talc-based products causing cancer. [Continue reading…]
