AirBit Club civil proceedings initiated by the SEC have been stayed, pending outcome of the DOJ’s criminal case. The stay order was issued on October 5th, following a letter motion filed by defendants Cecila Millan and Margarita Cabrera. In their motion, Millan and Cabrera argued a stay was justified because ‘both this matter and the […]
AirBit Club civil case stayed pending criminal case outcome Read More »
Armen Temurian, a defendant in Phillip Piccolo’s Vista Network case, has been hit with sanctions over a bungled motion to dismiss. Piccolo also filed for judicial default on October 9th. The granted sanctions stem from Temurian’s motion to dismiss, filed on July 14th. That motion primarily argued that the Court lacked personal jursidiction over Defendants
Temurian hit with sanctions, judicial default sought Read More »
Serial securities law offender Faith Sloan has confirmed CashFX Group is engaged in securities fraud. In doing so, she’s also confirmed repeated violation of her 2019 TelexFree final judgment. Sloan admitted CashFX Group is an investment opportunity in an October 9th Facebook live event. [10:04] CashFX is a platform where many people have made some
Faith Sloan confirms CashFX Group securities fraud Read More »
Univera has gone public with their decision to drop their MLM opportunity. In an announcement published on Univera’s website, the company advises; Univera ownership has made the difficult decision to transition the company from a network marketing organization to sales strictly through e-commerce channels. Typically when an MLM company abandons MLM distributors are unfortunately the
Univera to cease MLM business from December 2020 Read More »
The fear of contracting COVID-19 has seen the Savian fraud trial pushed back again. As per a motion filed on September 18th, defendant Eric Dalius’ attorneys cite concerns about their health. As per the filed motion; Ultimately, given the uncertainties surrounding the pandemic, including the timing of a potential vaccine and the significant risk of
Saivian trial pushed back to Nov 2021 due to COVID-19 fears Read More »
Kristijan Krstic, a serial fraudster linked to a number of scams, has been arrested in Serbia. Serbian authorities arrested Krstic back in July, following a joint investigation with the FBI. Details of Krstic’s case are murky. There’s a bit of coverage out there but absolutely nothing pertaining to what he’s facing in the US. I
Kristijan Krstic’s int’l crime syndicate smashed by FBI Read More »
BehindMLM reviewed My Daily Choice back in 2015. At the time the company marketed Peak, a deer antler velvet supplement. Fast forward five years and My Daily Choice has since branched out into CBD, essential oils, discount travel and… securities fraud. My Daily Choice markets Akashx as a “social trading” platform. Akashx is a revolutionary
My Daily Choice’s “social trading” securities fraud Read More »
Eacononomy has been denied contempt sanctions against defendant Auvoria Prime. As part of its ongoing lawsuit against Auvoria Prime, Eaconomy requested contempt sanctions back in June. In their motion, Eaconomy evidence its affiliates, Michael Cuevas was provided as an example, were still being targeted for recruitment by Catalina Naranjo, an Auvoria Prime affiliate. This, the
Eaconomy denied contempt sanctions against Auvoria Prime Read More »
The Watford Corp Ponzi scheme has collapsed. As part of their exit-scam, Watford Corp’s anonymous admins have put up what appears to be a fake SEC website closure notice. Sometime over the past few days Watford Corp’s website was pulled offline. In its place the following message has been put up: I’ve been covering the
Watford Corp collapses, “fake SEC warning” exit-scam? Read More »
Andreas Kartrud’s first smart-contract Ponzi scheme has collapsed. EtherChain was one of three scams Kartrud has launched, as part of his Eclipcity Ponzi factory. Sometime over the past twenty-four hours Kartrud uploaded the following message to EtherChain’s website: ETHERCHAIN WILL BE RELAUNCHED WHEN ETHEREUM 2.0 PROTOCOL IS FULLY RUNNING, THANK YOU FOR YOUR PATIENCE, EXPECT
EtherChain collapses, Andreas Kartrud flees to Montenegro Read More »
