ToucanWin operates within the penny public sale MLM area of interest. The corporate doesn’t present a company handle on its web site. Heading up ToucanWin are co-founders Kelley Foote (CEO) and Don Fiechter. Kelley Foote seems to have made a reputation for himself in Bellamora again within the day. Bellamora shut down in 2011, after …
One of many widespread misconceptions with MLM receiverships within the US is that they work to maintain funds for themselves. In actuality, the place restoration is feasible, the overwhelming majority of recovered belongings are paid out to victims of the scheme. This course of sometimes ties right into a regulatory lawsuit and is broadly overseen …
MTI’s liquidators have spent over $6 million, no restitution Read More »
HyperCosmos fails to offer possession or govt data on its web site. In actual fact, as I write this, HyperCosmos’ web site is nothing greater than an affiliate login or signup kind. HyperCosmos’ web site area (“hypercosmos.web”), was registered on November eighth, 2022. Caden Li is listed because the proprietor, by means of a resort …
HyperCosmos Evaluation: One other Hyperverse Ponzi spinoff Read More »
AMZDoge surfaced on or round September 2022. The scheme operated each as AMZDoge and GeoDoge, working from two major domains: geodoge.com – non-public registration final up to date on December twelfth, 2022 amzdoge.com – privately registered on September 14th, 2022 Following AMZDoge’s collapse earlier this month, each beforehand accessible web sites have since been disabled. …
AMZDoge Ponzi collapses, “tax audit” exit-scam & webs offline Read More »
The NBH Finance Ponzi scheme has collapsed. In doing so, the scammers behind it have pulled a reasonably weird inventory change exit-scam. A communication posted on NBH Finance’s web site advises the corporate has “not been capable of repay the invested for thus lengthy.” You see, within the international financial system and cryptocurrency, the bitcoin …
NBH Finance collapses, pulls weird stock-exchange exit-scam Read More »
Final final week BIRD, the Bureau for Investigative Reporting and Information, printed an article suggesting Ruja Ignatova was murdered in 2018. It’s a nicely researched idea and supported by paperwork linked to legislation enforcement. Right here’s why I feel it doesn’t maintain up. So the speculation goes; Crypto-queen Ruja Ignatova was killed in November 2018 …
Ruja Ignatova being murdered in 2018 is unlikely Read More »
Michael Glaspie, a serial promoter of fraudulent MLM schemes, has pled responsible to wire fraud. Glaspie’s felony case stems from his promotion of the “Mike G Deal”, which the DOJ confirmed was a $55 million “funding fraud scheme”. At time of publication Glaspie’s felony case has but to look on PACER. Nonetheless particulars of Glaspie’s …
Michael Glaspie pleads responsible to “Mike G Deal” felony cost Read More »
As its authorized advisor, Hector Luis Yrimia was an integral a part of Leonardo Cositorto’s Technology Zoe Ponzi scheme. Hector Luis Yrimia fled to Dubai as Technology Zoe started collapsing in late 2022. After Argentinian authorities issued a global arrest warrant, raided his properties and seized belongings, Yrimia turned himself in to Interpol’s Dubai department. …
Technology Zoe’s Hector Yrimia tied to Futswap Ponzi Read More »
Vbit Applied sciences, a collapsed MLM crypto Ponzi, has attracted the eye of Montana’s state securities regulator. As per an inner investigation by Montana’s Fee of Securities and Insurance coverage (CSI), Vbit Applied sciences scammed over 15,000 traders out of at the very least $11 million. On February 18th Troy Downing, Head of CSI, issued …
Montana’s CSI goes after collapsed Vbit Applied sciences Ponzi Read More »
Forsage founder Vladimir “Lado” Okhotnikov has been indicted for conspiracy to commit wire fraud. Along with Okhotnikov (proper), a federal grand jury additionally indicted Olena Oblamska (aka Lola Ferrari), Mikhail Sergeev (aka Mike Mooney, Gleb and Gleb Million), and Sergey Maslakov. All 4 Russian nationals are founders of the unique Forsage Ponzi scheme. The quartet …
Lado Okhotnikov indicted for Forsage Ponzi wire fraud Read More »
