Enagic operates in the water purification MLM niche and are based out of the US state of California.

On their website Enagic trace their origins back to June 1974, which is when they claim

Sony’s specialty trading operation, the precursor of Enagic, began operations in Okinawa, Japan.

January 2003 appears to be the year Enagic went full-scale MLM, with the company opening its first office in the US.

Heading up Enagic in the US Hironari Oshiro (right), who serves as President and CEO.

Details on Oshiro are sketchy, with Enagic using his corporate bio to instead market the company itself.

As per an Enagic marketing document I found,

In 1974, Mr. Hironari Oshiro owned an exclusive Sony Dealership.  In 1988 he changed the name of his company to Enagic Co., Ltd.

In 2001 he acquired 30‐year‐old Toyo Aitex, recognized as Japan’s highest quality and most reliable water ionizer manufacturer, manufacturing the unit in Japan as Sanastic.

Why this information isn’t presented on the Enagic website is unclear.

Read on for a full review of the Enagic MLM business opportunity. [Continue reading…]

Despite denials from USFIA that they are running the GemCoin Ponzi scheme, video footage has emerged clearly suggesting otherwise. [Continue reading…]

Sandra Gavel is a Canadian Zeek Rewards net-winner, who after being sued by the Zeek Receiver is up for $89,906.

In response to the Receiver’s lawsuit, Gavel personally filed the following communication with the court:

Your offer to contract is hereby rejected as unacceptable.

I do NOT consent to the jurisdiction of any United States Magistrate, or the jurisdiction of any United States Article III Judge in the United States District Court Western District of North Carolina.

Nobody really knew what the above communication was supposed to be, at least within a legal context, with the Receiver responding by asking the court to clarify the filing. [Continue reading…]

Sann Rodrigues arraignment hearing was held yesterday, with the top TelexFree Ponzi pimp pleading not guilty to visa fraud. [Continue reading…]

There hasn’t been much news out of Brazil this year regarding the TelexFree Ponzi case.

Earlier this year the court-ordered expertise from independent auditor Ernst & Young was filed, citing evidence that revealed TelexFree was a Ponzi scheme.

TelexFree immediately tried to bury the report, but failed. Judge Thais Borges later remarked the report was “conclusive” enough for her to make a ruling with.

And on Wednesday the 16th of September that ruling was finally made, with Judge Borges concluding TelexFree is indeed a Ponzi scheme. [Continue reading…]

Following the updating of the case docket, we can provide you a bit more information about the Vemma preliminary injunction hearing on September 15th. [Continue reading…]

After OneCoin’s US launch flopped, the latest sees the Ponzi scheme claim to have “bought a bank”.

First order of business? Register with the SEC and open up a bank in the US. [Continue reading…]

Another two weeks, another action-packed Arcadia City Council Meeting.

Packed to the rafters, the September 15th meeting saw multiple calls for John Wuo’s resignation, along with teary testimony from USFIA victims. [Continue reading…]

The GemCoin situation in Arcadia continues to deteriorate, with the latest seeing a planned protest called off due to threats of violence. [Continue reading…]

Following a hearing held today, the Judge hearing the case will purportedly take up to three days to rule on whether a preliminary injunction should be granted.

We’ll have more when the legal docs go up.