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 »
NovaTech FX has been issued a brief stop commerce order by the Ontario Securities Fee. OSC’s order follows a NovaTech FX securities fraud warning final December. The order additionally cites NovaTech FX’s Ponzi collapse earlier this month (recruitment commissions are nonetheless being paid out, albeit delayed). NovaTech operates the web site www.novatechfx.com (Web site), which …
NovaTech FX ordered to stop buying and selling in Ontario, Canada Read More »
Vortic United has acquired a pyramid scheme fraud warning from Russia. As per the Central Financial institution of Russia’s February twentieth discover, Vortic United displays “indicators of a monetary pyramid”. Vortic United is a Boris CEO Ponzi scheme headed up by Jensen Robles. The cryptocurrency rip-off pitches each day returns of as much as 1.8% …
Vortic United pyramid scheme warning from Russia Read More »
A couple of week in the past BehindMLM reported on Vasayo shutting down. The corporate was bought to CEO Daniel Picou, who plans to relaunch the corporate below a distinct title. Coinciding with that is Life Smart, one other Vasayo spinoff pre-launched by former Vasayo Black Diamond Rob Alwin. Not surprisingly, Alwin was additionally a …
Yesterday I used to be researching an MLM firm debuting a strip-delivery complement. It jogged my memory loads of Axis Klarity from Elomir, an MLM firm launched beneath LaCore Enterprises final 12 months. Questioning if LaCore Enterprises is likely to be behind this different firm, I ran a couple of searches to see if something …
Does LaCore Enterprises have a lead contamination drawback? Read More »
Mindset 24 World’s John Brian McLane Jr. has pled responsible to tax fraud. Following an IRS investigation, the DOJ filed prices towards McLane in June 2022. As per a June twenty first “data” submitting, McLane made simply over 1,000,000 {dollars} in 2019, which he did not pay $417,481 in taxes on. Along with revenue from …
Mindset 24 World’s John McLane Jr. pleads responsible to tax fraud Read More »
There have been rumblings that OmegaPro’s collapse is tied to The Merchants Area, a non-MLM Ponzi scheme that additionally collapsed in late 2022. The implication being that OmegaPro investor funds have been commingled into The Merchants Area, which was working its personal Ponzi. I haven’t been capable of confirm something, and I nonetheless can’t – …
Was OmegaPro tied to collapsed The Merchants Area Ponzi? Read More »
