EmpiresX

EmpiresX Ponzi shuts down, selling investor data?

Following EmpiresX’s collapse late final 12 months, the corporate has introduced it’s shutting down. The announcement was made by way of a communication despatched out to buyers within the final 24 hours. One instantly concern the EmpiresX’s announcement raises is potential id theft. Citing unnamed “stakeholders”, EmpiresX writes; Some stakeholders have violated requirements and acted […]

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EmpiresX threatens to sue victims & top promoters

EmpiresX started proscribing withdrawals in early October. Withdrawals had been then utterly disabled in mid October, and have remained so since. In an EmpiresX company replace despatched out mid December, co-founders Emerson Pires and Flavio Goncalves threatened authorized motion in opposition to victims and high promoters. Additionally, moderately than simply admit their Ponzi scheme ran

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EmpiresX Ponzi collapses, no withdrawals since mid October

The EmpiresX Ponzi scheme has collapsed. Affiliate buyers are reporting disabled withdrawals courting again to mid October. Full disabling of withdrawals adopted EmpiresX introducing withdrawal restrictions in early October. EmpiresX’s collapse has seen affiliate testimonials go from this: To this: At time of publication EmpiresX’s web site continues to be up. Firm house owners Emerson

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FTC sends 379 MLM companies deceptive/unfair conduct notices

The FTC has issued a minimum of 379 MLM corporations with misleading and/or unfair conduct notices. This was introduced by the FTC on October twenty sixth. If it slipped below your radar, you’re not alone. I realized of the FTC’s announcement through a tip despatched in by a reader. At first I believed there was

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EmpiresX an “incompetent mess”, new withdrawal restrictions

EmpiresX seems to have entered the “how can we cease folks withdrawing?” Ponzi part. Amid complaints from disgruntled affiliate traders, EmpiresX has launched additional restrictions on withdrawals. Earlier this month EmpiresX introduced it was growing withdrawal price penalties throughout the board. When BehindMLM reviewed EmpiresX in June, the corporate penalized withdrawals made throughout an affiliate’s

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EmpiresX’s master trader banned by the NFA for 8 years

You received’t discover his identify anyplace on EmpiresX’s web site. A fast search via YouTube nonetheless, returns loads of movies citing “Joshua Nicholas Gregg” as EmpiresX’s Grasp Dealer. Supposedly, Gregg, typically credited as simply Joshua Greg/Gregg or Josh Greg/Gregg, works for Goldman Sachs in New York. In an EmpiresX webinar held earlier this month, Joshua

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