Scam Alerts

FutureNet consumer protection warning issued in Austria

Frauds, FutureNet

VKI, Austria’s top consumer protection organization, has issued a warning against participation in FutureNet. According to VKI, FutureNet has the characteristics of a Ponzi/pyramid hybrid scheme. VKI’s warning pertains to investment in FutureAdPro, FutureNet’s adpack Ponzi scheme. Following multiple collapses, last we heard FutureNet was slashing returns in a desperate bid to stay afloat. VKI […]

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Infinity2Global criminal trial delayed till at least Feb 17th, 2020

Frauds, Global1Entertainment, regulation

Owing to Richard Maike’s ongoing attorney retention issues, the Infinity2Global criminal trial has been delayed again. As per a June 19th order, the trial is to be rescheduled no earlier than February 17th, 2020. Since the FTC began investigating Maike in 2015 he has burned through four law firms. If Maike’s relationship with his current

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Wakaya Perfection Field Leader sentenced to prison for fraud

Frauds, Wakaya Perfection, Youngevity

Andre Vaughn was a former Youngevity top distributor, who jumped ship for Wakaya Perfection in late 2015. Wakaya Perfection cite Vaughn as a “Founding Ambassador”, and list him first on the “Field Leaders” section of their website. On June 18th, Vaughn was sentenced to ten months in prison for repeated instances of bankruptcy fraud. Andre

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Entry of default sought against Traffic Monsoon scammer David Barker

Frauds, regulation, Traffic Monsoon

The Traffic Monsoon Receiver isn’t playing around. A week out from David Barker’s deadline to respond to the clawback lawsuit filed against him, the Receiver has filed for an Entry of Default. David Barker (right) is one of several Traffic Monsoon net-winners sued by the Receiver back in April. According to the Receiver, Barker stole

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Criminal charges filed over Expert Pro’s radioactive energy cards

companies, Frauds, regulation

In a development that probably won’t surprise anyone, criminal charges have been filed over Expert Pro Network’s radioactive energy cards. Expert Pro Network popped up on our radar about a week ago, following reports villagers in Thailand were being sold negative ion energy cards. The cards were marketed as being able to purify water, reduce

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Plexus distributors told their business is an “assignment from God”

choosing a business, companies, Frauds, theory

A key-note speaker at a Plexus corporate event has told attendees that building their business ‘is an assignment from God to help you build your faith‘. Plexus are currently running their 2019 Rise Up convention in Las Vegas, Nevada. Plexus distributors pay up to $129 to attend the event, which the company markets as “the

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Australian doctor sanctioned for pushing Usana onto patients

companies, Frauds, regulation

The Medical Board of Australia has sanctioned a former Queensland doctor for pushing Usana onto her patients. A Tribunal has ruled Dr. Valerie Cole’s constituted “unprofessional conduct”. As reported by the Australian Journal of Pharmacy, Dr. Cole was visited by a patient who complained of persistent fatigue back in 2010. During that consultation, Dr Cole

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Tycoon69 under investigation in Switzerland

companies, Frauds, regulation

The Swiss Financial Market Supervisory Authority has announced it has launched an investigation into Tycoon69. The Swiss Financial Market Supervisory Authority (FINMA) is Switzerland’s top financial regulator. Tycoon69 is an MLM crypto scheme with their own MCV Ponzi points. The company’s business model sees affiliates invest in MCV points, on the promise of an eventual

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