As of November 8th the dispute between iGalen and product supplier ATM Metabolics has been resolved. As a result of the settlement, iGalen lost access to ATM Metabolics’ Emulin product. Prior to the settlement iGalen’s website went offline. As at the time of publication, visitors to iGalen’s website domain are shown a 404 “not found” […]
iGalen collapses after losing access to Emulin Read More »
A Bangkok court has found Derrick Keller not guilty over his association with the Eagle Gates Group Ponzi scheme. Keller (right) was arrested last August over his involvement in promotion of Eagle Gates Group. In his defense, Keller claimed he was approached in China about acting in videos portraying Eagle Gates Group’s management. Keller claims
Derrick Keller cleared of Eagle Gates Group charges Read More »
Austria’s Financial Market Authority has issued a public investor warning pertaining to Wantage One. Wantage One, a Ponzi scheme in its own right, is a spinoff of Antony Norman’s Wellmont Capital linked scams. The Financial Market Authority (FMA) is is Austria’s top financial regulator. As per the FMA’s November 13th warning, Wantage One is not
Wantage One securities investor warning issued in Austria Read More »
Brazilian authorities have arrested Dilhermano Pereira Gonçalves, a key figure in the PayDiamond Ponzi scheme. Gonçalves was arrested on November 5th, on a warrant following his indictment. Pay Diamond was a Ponzi scheme launched in early 2017. By mid-year the scheme appears to have collapsed. Gonçalves (right) is one of five accused. Authorities are also
PayDiamond scammer Dilhermano Gonçalves arrested in Brazil Read More »
The FTC has gone after MLM services provider InfoTrax for multiple violations of the FTC Act. InfoTrax is a well-established services provider within the MLM industry. The company is based out of Utah was founded in 1988 by CEO Mark Rawlins. InfoTrax’s client list features a number of well-known MLM brands, including doTerra, Xango and
InfoTrax settle FTC Act consumer privacy and security violations Read More »
Daniel Pacheco’s hilarious answers to the SEC’s iPro Network fraud lawsuit have been rejected by the court. Back in August we covered Pacheco’s hilarious answers to the SEC’s lawsuit. According to Pacheco (right), the SEC can’t sue him because; a statute of limitations applies; “the SEC did not suffer any actual damages”; and Pacheco “may
Daniel Pacheco’s hilarious fraud lawsuit answers rejected Read More »
Silver Star Live and owners Hassan Mahmoud and Candace Ross-Mahmoud have agreed to settle Commodity Exchange Act violations. Silver Star Live appeared on BehindMLM’s radar earlier this year. Following analysis of the companies business model, we concluded Silverstar Live was engaged in securities fraud. When Ted Nuyten at BusinessForHome raised the same concerns a few
Silverstar Live & Mahmouds settle CFTC fraud for $75,000 Read More »
A $5 million dollar donation will provide doTerra access to cancer patients at St. Elizabeth Healthcare. St. Elizabeth Healthcare claims to be “one of the most respected medical providers in the Greater Cincinnati region.” For more than 150 years, St. Elizabeth has been the heart and soul of healthcare in Northern Kentucky. Founded with one
doTerra drops $5 mill for access to cancer patients Read More »
Uneasy alliances forged with the common goal of fleecing Cloud Token investors are coming to an end. Cloud Token withdrawals have been suspended for a month or more in some instances. Company support is MIA, reports of selective withdrawal payments are emerging and affiliates are getting restless. Cloud Token’s top “C4” recruiters are buckling under
Cloud Token withdrawal delays (1 month+), leaders fighting Read More »
iMarketsLive filed a defamation suit against Copy Profit Success Global mid last year. Due to inaction on iMarketsLive’s part, the lawsuit has now been dismissed. In addition to CPSG, individual defendants named in iMarketsLive’s suit were Joel Santiago, Joe Oits, Muhammad Zidan (aka Mack Zidan, Mack Mills), Gregory Perdriel, Carlos Santiago and Robbie Issa. Shortly
iMarketLive’s CPSG lawsuit abandoned, dismissed by court Read More »
