A proposed EminiFX sufferer declare distribution plan has been permitted. As per an order issued on January twenty first, the EminiFX Receiver is allowed distribute recovered property to victims of the rip-off. Following a declare course of that started in late 2023, over 25,000 EminiFX victims filed claims with the Receivership. From the court docket’s …
BitHarvest has obtained a pyramid fraud warning from the Central Financial institution of Russia (CBR). As per the CBR’s February 14th warning, BitHarvest reveals “indicators of a monetary pyramid”. BitHarvest is an MLM crypto Ponzi constructed round a “USB thumb drive enhances crypto mining {hardware}” ruse. BitHarvest is run out of Malaysia and fronted by …
BitConnect founder and wished fugitive Satish Kumbhani has been tracked to Ahmedabad, a metropolis within the Indian state of Gujurat. As reported by the Financial Occasions on February 14th; following an investigation into crypto transactions, the Enforcement Directorate was in a position to seize crypto “belongings price ₹1,646 crore” (~$190 million USD). Kumbhani, 36, will …
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Etherforce fails to offer possession or govt data on its web site. Etherforce’s web site area (“etherforce.io”), was privately registered on November ninth, 2024. Some registration particulars are seen, such because the nation code for Malaysia. Given the registrant’s group is “bnbchain” although, the authenticity of the main points is questionable. SimilarWeb tracked ~2700 month-to-month …
Etherforce Assessment: Twelve-tier matrix cycler Ponzi Read More »
AI-UP fails to supply possession or govt info on its web site. AI-UP’s web site area (“ai-up.high”), was AI-UP has already attracted the eye of monetary regulators. The Central Financial institution of Russia issued an AI-UP pyramid fraud warning on February tenth, 2025. As at all times, if an MLM firm just isn’t brazenly upfront …
DNX Group fails to supply possession or government particulars on its web site. DNX Group operates from two identified web site domains: dnxgroup.com – registered in January 2023, non-public registration final up to date on December twenty fifth, 2024 dnxgroup.on-line – privately registered on December twenty seventh, 2024 From this we are able to surmise …
Mining Memes fails to offer possession or govt data on its web site. Mining Memes’ web site area (“miningmemes.com”), was registered with bogus particulars on January nineteenth, 2025. Of word is Mining Memes’ web site area being registered by means of the Chinese language registrar Alibaba (Singapore). As all the time, if an MLM firm …
The Merchants Area civil fraud trial has been scheduled for June fifteenth, 2026. Different latest updates within the CFTC’s The Merchants Area case embody: solutions to the CFTC’s Grievance filed by Alejandro Santiestaban, Gabriel Beltran, Holton Buggs, Michael Simms, Archie Rice, John Fortini and Robert Collazo on February seventh; Entry of Default recorded in opposition …
The Merchants Area civil fraud trial scheduled for June 2026 Read More »
Swych launched in 2019 and operates within the dietary complement MLM area of interest. Swych operates from two web site domains: swych.com – first registered in 2008, non-public registration final up to date on April twenty ninth, 2024 swychlife.com – privately registered on July 2nd, 2020 Heading up Swych we now have co-founders Mark and …
Convicted iComTech Ponzi scammer David Brend has been sentenced to $195,305 in forfeiture. Following his conviction, Brend (proper) was sentenced to 10 years in jail in December 2024. On the time of sentencing, the court docket ordered restitution however specified “the ultimate quantity” can be set at a later date. Following a proposed forfeiture order …
iComTech’s David Brend sentenced to $195,305 in forfeiture Read More »
