Frauds

Green Life, Oriflame and Unicity fined for violations in Vietnam

companies, Frauds, regulation

The Inexperienced Life Company, Oriflame and Unicity have been fined by Vietnamese regulators. The fines have been handed down following an investigation that exposed the three corporations have been violating Vietnamese MLM laws. The Inexperienced Life Company, a French-language MLM firm with a company deal with in Dubai, was fined $22,600 for partaking in enterprise […]

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Five Winds Asset Management illegal in Germany, warning issued

Frauds, Questra World, regulation

As their Questra World Ponzi collapsed, the scammers behind it and Atlantic World Asset Administration launched 5 Winds Asset Administration. Regardless of the arrest of founder Pavel Krymov and energetic prison investigations in Russia and Kazakhstan, recruitment of gullible buyers into 5 Winds exhibits no indicators of slowing down. On the time of publication Alexa

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Noble 8 funds used to pay for Blaine Williams’ cancer treatment?

companies, Frauds

Regardless of surfacing roughly 9 months in the past, Noble 8 Revolution has nonetheless didn’t pay commissions. The corporate does nonetheless proceed to gather month-to-month charges, with excuse after excuse trotted out for fee delays. Now it has emerged co-founder Blaine Williams has been recognized with stage 3 most cancers. Noble 8 Revolution’s delays have

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WorldVentures granted permanent injunction against David Wood

Frauds, World Ventures

Following on from a Non permanent Restraining Order and contempt cost, WorldVentures has been granted a everlasting injunction in opposition to David Wooden. The Collin County Court docket case docket reveals WorldVentures and executives Wayne Nugent, Daniel Stammen and Josh Paine, appeared as plaintiffs on the scheduled August twenty seventh trial. Regardless of being served

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Kraken exchange refuses to list OneCoin’s OFC “Ponzi coin”

Frauds, OneCoin

When OneCoin introduced its OFC ICO final week, twelve public exchanges had been initially featured on the ICO web site. OneCoin claimed it was “contacting” the featured exchanged relating to public itemizing of their OFC ERC20 token. With out clarification, OneCoin slashed the featured alternate quantity to only six inside just a few days. Now,

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Jeunesse California class-action alleges “no retail” pyramid scheme

Frauds, Jeunesse

Huiqin Xiong signed up as a Jeunesse distributor in August, 2015. Xiong, who goes by the identify “Helen”, claims to have misplaced “roughly $10,000” making an attempt to work her Jeunesse enterprise. On August tenth Xiong filed a class-action lawsuit towards Jeunesse in California. Jeunesse International and prime distributor Kim Hui are named defendants within

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