Somewhat than clear their names at trial, the 8 Determine Dream Life-style defendants have settled with the FTC. As per the proposed settlement, John A. Bain, Alex Dee (aka Alex S. Dowlatshahi), Brian M. Kaplan and Jerrold S. Maurer will cop a $31.9 million judgment. The proposed settlement additionally applies to company defendants 8 Determine […]
$31.9 million 8 Figure Dream Lifestyle settlement reached Read More »
Uforia Science launched in late 2018. The corporate is a part of LaCore Enterprises and is basically a reboot of Foru Worldwide. Following a failed merger between Uforia Science and MaVie earlier this yr, issues seem to have additional deteriorated. Travis and Summer time Flaherty have been with Uforia Science from the start. The Flahertys
What’s going on at Uforia Science? (new company???) Read More »
Paraiba World has acquired a securities fraud discover from the German regulator BaFin. As per BaFin’s investigation earlier this 12 months, Paraiba World operated by way of Paraiba World and NeoMoc World LTD. Each had been represented as Hong Kong shell firms. As famous in our current Paraiba World evaluate, Hong Kong seems to have
Paraiba World securities fraud notice issued in Germany Read More »
Late final week Cellements introduced it could be quickly closing. In a message posted on their web site, the Cellements suggested it was compelled to quickly shut down all enterprise associated actions on account of our new software program supplier, Naxum, not having the ability to reside as much as their promise and ship a
Cellements temporarily closes, blames Naxum software Read More »
It’s been some time since we final checked in on the SEC’s iPro Community fraud lawsuit. 4 months to be actual. In that point a number of default judgments have been granted, and a trial date has been scheduled for March 2021. On June 18th the SEC filed for default judgment towards defendants Matthew Lopez,
iPro Network trial scheduled, $4+ mill in default judgments Read More »
NuLife Ventures is an MLM firm that markets, amongst different issues, “hydrogen water” gadgets. Avacen is a medical gadget producer and former provider to NuLife Ventures. On July twenty ninth, Avacen sued NuLife Ventures for breaches of their reseller settlement. Avacen manufacture two merchandise; Avacen 100 and Avacen Professional. As defined by Avacen; the Medical
NuLife Ventures sued by medical device supplier Avacen Read More »
OmegaPro has been added to the Autorité des Marchés Financiers’ fraud blacklist. The AMF is France’s high monetary regulator. Their blacklist options firms unauthorized to supply securities. In the case of regulatory consciousness, the AMF don’t fiddle. OmegaPro was added to the AMF’s blacklist on August 4th, and seems in a listing amongst different fraudulent
OmegaPro added to France’s fraud blacklist Read More »
In an e mail despatched out to affiliate buyers, Mirror Buying and selling Worldwide has introduced it’s dropping non-existent foreign currency trading for non-existent crypto buying and selling. MTI’s announcement follows unsuccessful makes an attempt to persuade the TSSB and FSCA it makes use of buying and selling income to pay affiliate returns. Within the
MTI drops forex trades for crypto trades, both non-existent Read More »
Earlier right now I revealed an article protecting a civil fraud case filed by the SEC. The case was filed towards two AirBit Membership promoters. That was good to listen to however it left me questioning why the the SEC hadn’t pursued the Ponzi scheme’s creators, Renato Rodriguez and Gutemberg Dos Santos. Seems the DOJ
Renato Rodriguez & Gutemberg Dos Santos indicted, arrested Read More »
Two promoters of the AirBit Membership Ponzi scheme have been sued by the US Securities and Alternate Fee. The SEC’s lawsuit was filed on August 18th and identifies AirBit Membership as an “funding membership” that’s ‘not organized in any jurisdiction and has no formal authorized existence.’ Named as defendants within the swimsuit are AirBit Membership
Two US AirBit Club promoters sued by SEC Read More »
