The Central Bank of Oman has issued a securities fraud warning against DagCoin. As per the Central Bank’s October 6th warning; Cenral Bank of Oman is once again cautioning citizens and residents from the use, holding and trading of cryptocurrencies (such as Dagcoin), and the potential financial, operational, legal, customer protection and security related risks […]
DagCoin securities fraud warning issued in Oman Read More »
In an email sent out to affiliates, Tradera has announced it is “ceasing all operations effective immediately”. Tradera’s e-wallet provider, merchant partners and affiliates haven’t been paid. And co-owners Kody Sell and Eastan Harris are in hiding. Of course Tradera’s closure email makes no mention of any of that. For more we turn to a
Tradera collapses: Owners exit-scam, affiliates unpaid Read More »
Rather than address the multiple securities fraud warnings issued against it, Mind Capital is now pretending they are based out of Kazakhstan. Oh and they’ve also initiated a shitcoin exit-scam, with multiple tokens. Mind Capital is a simple Ponzi scheme marketing a 1.8% daily return. The company is run by scammers out of Spain, headed up
Mind Capital transitions to shitcoin exit-scam, multiple tokens Read More »
A cloud of uncertainty remains hanging over the announced WorldVentures and Seacret Direct merger. In the meantime, WorldVentures has sent out an email to its affiliates containing an interesting “commission clarification” clause. Last we reported Seacret Direct’s acquisition of WorldVentures appeared to be on the rocks. That was on December 11th and, at least as
Seacret Direct signing WorldVentures affiliates, failed merger? Read More »
A preliminary injunction has been granted against Digital Income System promoter Christopher Brandon Frye. The decision to impose an injunction against Frye, one of DIS’ most prominent promoters, was made following his non-appearance at a December 1st show cause hearing. In issuing an injunction against Frye the court found, based on evidence submitted by the
Prelim injunction granted against DIS promoter Brandon Frye Read More »
Eaconomy has voluntarily dismissed its case against Auvoria Prime. As per a stipulation of voluntary dismissal filed on December 1st; The parties (who constitute all parties who have appeared in this case) have met and conferred regarding dismissing this action without prejudice. Parties remaining in the lawsuit are Eaconomy and defendants Auvoria Prime, Sal Leto,
Eaconomy drops Auvoria Prime lawsuit Read More »
We Share Abundance has announced newly invested in WESA tokens will be locked for six months. The new policy effectively prohibits new investors from cashing out for half a year. WSA owner Graham Frame’s last attempt to prevent WESA token withdrawals saw him limit withdrawals to recruiters. The reason behind this was no new recruits
We Share Abundance bans new investors from cashing out Read More »
With their previously launched Bitcoin Vault Ponzi coin failing and affiliate recruitment down, Mining City has announced a new Ponzi shitcoin launch. Electric Cash was initially announced on Mining City’s social media accounts on December 12th. The announcement was made by Mining City CEO Gregory Rogowski. Electric Cash, like BTCV, is being developed by Mining
Mining City pivots to Ponzi shitcoin factory with Electric Cash Read More »
The Ontario Securities Commission has issued a Mining City securities fraud warning. The OSC added Mining City to its warning list on December 14th. As per the regulator; Mining City, offering investment services on its website, is not registered in Ontario to engage in the business of trading in securities. This is the equivalent of
Mining City securities fraud warning issued in Canada Read More »
Peru’s Superintendency of Banking, Insurance and Private Pension Fund Administrators (SBS), has issued a warning against several MLM companies operating illegally in the country. Of the ten companies on SBS’ December 14th list, BehindMLM is familiar with four; Omega Pro AirBit Club IM Mastery Academy Crowd1 The SBS advises that as per Article 11 of
Crowd1, Omega Pro & IM Mastery Academy illegal in Peru Read More »
