Following our report yesterday on OmegaPro scammer Mike Sims’ belongings being seized, a BehindMLM reader reached out to him about it.
Understandably, Sims is just a little upset.
I can’t think about what it feels wish to assume you’re “getting away with it”, just for a Receiver to come back and take what you stole away. However towards that actuality, Sims goes for the determined “it doesn’t hassle me” facade.
When confronted with our article and being advised OmegaPro was “the largest rip-off ever”, Sims claimed “none of that is true”.
BehindMLM can be a unhappy journal.
Marcus Brisco isn’t my brother in legislation (laughing emojis).
I’m undecided why Sims would deny the accuracy of our reporting. On this occasion we’ve quoted straight from court docket filings. The SAEG Receiver is seizing Sims belongings.
That is occurring as a result of they have been bought with ill-gotten positive factors. The CFTC has pegged the SAEG Ponzi scheme at $145 million.
On prime of that you’ve got OmegaPro and The Merchants Area. Whereas whole losses are more likely to exceed SAEG, we will’t present a selected greenback quantity until futher regulatory motion is taken.
On BehindMLM being a “unhappy journal”, Whereas I’ve by no means requested I don’t assume web sites have feelings. I think about the web would change into infinately extra sophisticated if that have been the case.
Lastly on Brisco being Sims’ brother in legislation, I don’t know both Sims or Brisco personally so I can’t personally vouch for the declare.
The CFTC cited Brisco as Sims’ brother in legislation of their SAEG Ponzi Criticism (web page 3):
This can be a publicly obtainable doc. I’m not aware of the CFTC’s investigation however you’d must assume they’ve accomplished their homework for that particular element to make the Criticism.
In any occasion, towards 100 and forty-five million {dollars} in monetary fraud, it’s an odd factor to get upset about.
Following consent of a preliminary injunction, it’s anticipated Sims will finally settle the CFTC’s fraud expenses – additional cleansing him out.
Legal expenses haven’t been filed however, given the scope of OmegaPro and The Merchants Area, are assumed to be within the works.