Vista Community and proprietor operator Armen Temurian have been sued by the CFTC for commodities fraud. The CFTC alleges, amongst different issues, that Vista Community was a $7 million greenback plus Ponzi scheme. The CFTC’s Criticism was filed on February fifteenth and names Armen Temurian and Vista Community Applied sciences as defendants. As alleged by […]
Armen Temurian sued by CFTC for Vista Network $7 mill Ponzi Read More »
Sixty QNet scammers have been arrested in Ghana. Authorities declare the scammers continued to advertise QNet, in violation of a July 2022 court docket order banning the pyramid scheme nationally. As reported by GhanaWeb; The IRs (distributors) had been arrested when the Ghana Police Service performed a swoop in Bornya, Trom and different components of
60 QNet scammers arrested in Ghana Read More »
Tiber River introduced it was abandoning its MLM enterprise mannequin final month. Tiber River distributors had been nonetheless capable of generate gross sales all through January, with closing fee checks going out this month. On February 14th Tiber River advised distributors it was screwing them out of their closing commissions. As per the “essential communication”
Tiber River screws distributors out of final commission check Read More »
Gilbert Armenta’s OneCoin crimes referred to as for a 100 yr sentencing guideline. Within the lead as much as his sentencing, Armenta’s legal professionals requested for time served as a result of circumstances at MCC New York. The DOJ requested for seven years, stating that “any sentence of lower than 5 years’ imprisonment wouldn’t (be
OneCoin’s Gilbert Armenta sentenced to five years in prison Read More »
Validus and its promoters have been ordered to stop all enterprise operations in New Zealand. The Monetary Markets Authority’s interim cease order was issued on February sixteenth. As per the FMA’s order, Validus and its promoters are prohibited from making gives, points, gross sales or different acquisitions or disposals of economic merchandise promoted beneath the
Validus ordered to cease business operations in New Zealand Read More »
Scammers behind Cancri Jewellery try to reboot the collapsed Ponzi scheme. Cancri Jewellery is an japanese European Ponzi scheme. The unique Ponzi ruse was a jewellery storefront in Turkey. Underneath the guise of buying jewellery, Cancri Jewellery associates invested euros on the promise of weekly returns. Cancri Jewellery collapsed in late 2022, simply earlier than
Cancri Jewelry scammers attempt to reboot collapsed Ponzi Read More »
The Vitality Spas Ponzi scheme has collapsed. Someday within the final 24 hours Vitality Spa’s web site has been pulled offline. The rip-off’s social media profiles have additionally been deleted. At time of publication Vitality Spa’s web site was returning a configuration web page: This means the beforehand hosted web site information have been deleted.
Energy Spas Ponzi scheme collapses, website gone Read More »
Valentus founder and CEO Dave Jordan has offered the corporate to Paul Pearson. How a lot Pearson purchased Valentus for has not been disclosed. When precisely the sale passed off is unclear however high distributors had been knowledgeable at Valentus’ Sioux Falls headquarters earlier this month. The remainder of Valentus’ distributor base acquired a “firm
Dave Jordan sells Valentus off to formulator Paul Pearson Read More »
On or round February eleventh, Vasayo knowledgeable its distributors is was shutting down its MLM alternative. The announcement was made through a Zoom webinar, which I’ve sadly not been capable of finding a replica of. Nonetheless following a tip off from a BehindMLM reader, right here’s what I’ve been in a position to suss out.
Vasayo shuts down, Daniel Picou to head up reboot MLM opp Read More »
A supply has offered perception into APLGO’s present enterprise operations. The corporate is reported to be behind in commissions for over a yr, in addition to being behind on stock funds in “most markets”. BehindMLM reviewed Ageo’s rebranding within the US as APLGO again in 2020. In reviewing APLGO, we weren’t impressed with its pay-to-play
APLGO commission delays, on the verge of collapse? Read More »
