Frauds

Default judgment granted against Forsage’s Mikhail Sergeev

Forsage, Frauds, regulation

Default judgment has been granted towards Forsage govt Mikhail Sergeev. The SEC alleges Forsage is a $300+ million Ponzi scheme. Sergeev, a Russian nationwide, labored as Forsage’s Improvement Director. Sergeev’s judgment follows the SEC being granted permission to serve him through e mail on February seventh. Sergeev failed to reply to the SEC’s Criticism, leading […]

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Mike Sims consents to Yas Castellum Ponzi injunction

companies, Frauds, OmegaPro, regulation

Michael Shannon Sims, identified within the MLM trade as Mike Sims, has consented to a preliminary injunction. The injunction pertains to commodities fraud fees introduced by the CFTC. The CFTC’s January 2023 filed fees are in relation to a sequence of Ponzi schemes run by Sims (under), Todd Brisco (Sims’ brother in legislation), Tin Tran,

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Ryan Ginster sentenced to 2+ years in prison for MLM Ponzis

companies, Frauds, regulation

Prolific MLM crypto Ponzi admin Ryan Mark Ginster has been sentenced to 27 months in jail. Ginster’s sentenced was handed down following a entry of a responsible plea final December. The DOJ filed prices in November 2021, alleging Ginster (proper) was behind a string of Ponzi schemes; Social Profimatic, Computerized Bitcome, My Micro Earnings, eProfit

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ClickLancers Review: App-based “traffic acquisition” Ponzi

Frauds, MLM Reviews

ClickLancers fails to supply possession or govt info on its web site. ClickLancers’ web site area (“clicklancers.com”), was privately registered on Deember thirty first, 2022. In an try to look reliable, ClickLancers supplies incomplete addresses in North Macedonia and the UK on its web site. ClickLancers additionally supplies incorporation particulars for Click4Ads Media Options LTD.

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Crowd1 corporate raid and arrests in Sweden

Crowd1, Frauds, regulation

Swedish authorities raided Crowd1’s company places of work final November. The beforehand unreported information was disclosed in a latest episode of Svenska Dagbladet’s paywalled Blenda podcast. As reported Expressen on March twenty eighth, citing Svenska Dagbladet’s podcast; Final autumn, the police raided the corporate’s workplace in Stockholm, reveals Svenska Dagbladet’s podcast “The IT icon and pyramid

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Crowd 1 corporate raid and arrests in Sweden

Crowd1, Frauds, regulation

Swedish authorities raided Crowd1’s company places of work someday between September by means of November final yr. The beforehand unreported information was disclosed in a current paywalled Svenska Dagbladet’s Blenda podcast. As reported Expressen on March twenty eighth, citing Svenska Dagbladet’s podcast; Final autumn, the police raided the corporate’s workplace in Stockholm, reveals Svenska Dagbladet’s

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Innovation Factory’s 2nd token Ponzi

Frauds, MLM Reviews

B-Love Community fails to supply government or possession data on its web site. B-Love Community’s web site area (“blove.community”), was privately registered on January 2nd, 2023. Within the footer of B-Love Community’s web site, we be taught the corporate is tied to Innovation Manufacturing unit: Innovation Manufacturing unit operates from the area “innovationfactory.biz”, privately registered

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