Billionico is dead in the water following a securities fraud cease and desist from Texas.

As part of the Texas State Securities Board’s April 22nd order, Auratus was cited as an associated company tied to Terry Lee and a Hong Kong shell company.

Other companies TSSB associated with Auratus include Primus Liquidity Holding (Marshall Islands), Orbit Conceptum AG and CoinX24AG (Switzerland).

Now a separate Auratus website has emerged, along with a slew of new associated shell companies. [Continue reading…]

FCBQE fails to provide verifiable ownership or executive information on its website.

FCBQE represents it is headed up by “Robert Simon” and other named executives.

Simon and the rest of the executives however are represented by a stolen profile photos:

None of FCBQE’s claimed executives exist.

FCBQE’s website domain (“fcbqe.com”), was privately registered with bogus details on April 2nd, 2024.

Of note is FCBQE’s domain being registered through the Chinese registrar Alibaba (Singapore).

Despite existing for less than a month, FCQBE has already attracted the attention of regulators. On April 4th the Central Bank of Russia issued an FCQBE pyramid fraud warning.

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…]

TetherScan fails to provide verifiable ownership or executive information on its website.

TetherScan is purportedly headed up by “Lu Shengli”, who features in TetherScan’s marketing videos:

Curiously, TetherScan’s marketing videos feature Shengli as CEO of USDTScan.

TetherScan’s website domain (“tetherscan.org”), was privately registered on December 31st, 2023.

USDTScan has its own website up at “usdtscan.com”, privately registered in October 2022.

Of additional note is TetherScan’s website being a clone of USDTScan:

Putting all of this together, we can ascertain that USDTScan launched before TetherScan. Whoever is running both schemes is recycling USDTScan material to market TetherScan.

Between both schemes, Lu Shengli doesn’t exist outside of USDTScan’s or TetherScan’s marketing. This makes him a prime Boris CEO candidate.

Russians and/or Ukrainians are typically behind Boris CEO schemes. That is actors used to represent fictional executives.

Further supporting this is Ukrainian in USDTScan’s website source-code:

Although TetherScan is a clone of USDTScan’s website, this Ukrainian word has been scrubbed from TetherScan’s website source-code.

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…]

The DCPTG “click a button” app Ponzi has collapsed.

Following three or so days of reports of withdrawal problems, DCPTG’s primary website domain was disabled yesterday. [Continue reading…]

The Ovax Global Ponzi scheme appears to have collapsed.

Ovax Global’s official YouTube channel has been deleted. The rest of its social media accounts were abandoned in late March. [Continue reading…]

Former President Stuart MacMillan has sued Monat and founder and CEO Luis and Rayner Urdaneta.

MacMillan claims he owed millions pursuant to a signed Profit Sharing Agreement. [Continue reading…]

Polish Traffic Monsoon scammer Piotr Chajkowski has settled clawback proceedings against him.

In an April 10th filing, the Traffic Monsoon Receiver confirmed “the amount of $1,027,236.58, has been fully satisfied by payment of the full Settlement Amount”. [Continue reading…]

In a counterclaim filed against Hanieh Sigari, Dariusz Banasik has revealed Qyral is “financially distressed”.

Banasik’s counterclaim was filed in addition to his April 20th filed answer to Sigari’s lawsuit.

Sigari sued Banasik last month, alleging she was “illegally locked out” of Qyral. [Continue reading…]

Mirror Trading International CEO Johannes Steynberg has reportedly died in Brazil.

Steynberg’s death follows a local identity fraud conviction and pending approval of extradition to South Africa. [Continue reading…]

BR-USDT fails to provide ownership or executive information on its website.

BR-USDT’s website domain (“br-usdt.com”), was privately registered with bogus details on April 16th, 2024.

Of note is BR-USDT’s domain being registered through the Chinese registrar Alibaba (Singapore).

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…]