Frauds

3658 BTC in EminiFX funds recovered from CoinPayments

EminiFX, Frauds, regulation

The EminiFX Receiver has recovered 3658 BTC from fee processor CoinPayments. Following an authorised “Turnover Settlement Software” filed on November fifteenth, CoinPayments transferred 3658.33264986 BTC to the EminiFX Receiver on November twentieth. The EminiFX Receiver, SEC and Eddie Andrexandre all consented to the clawback. Right now 3658 BTC is price round $59.2 million. When the […]

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Jon Tetreault settles Trade Coin Club fraud for $780,795

companies, Frauds, regulation

Jonathan Tetreault has settled Commerce Coin Membership fraud with the SEC for $780,795. Tetreault’s Consent Judgment was filed on November 18th, resolving the SEC’s case towards him. Tetreault is certainly one of 4 defendants sued by the SEC earlier this month. The regulator alleges the 4 scammers ran and/or promoted the Commerce Coin Membership Ponzi

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OmegaPro collapses, withdrawals disabled for three weeks

Frauds, OmegaPro

Following withdrawals being disabled for 2 weeks and ongoing web site points, BehindMLM is looking OmegaPro’s collapse. OmegaPro associates started reporting being locked out of their accounts on or round November seventh. This was remedied however associates had been nonetheless blocked from coming into the foreign exchange part of OmegaPro’s web site, via which the

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NovaTech FX securities fraud cease & desist from California

companies, Frauds, regulation

NovaTech FX has been issued a securities fraud stop and desist by California’s Division of Monetary Safety & Innovation (DFPI). The discover marks the primary regulatory motion towards NovaTech FX by a US regulator. DFPI’s November twenty second stop and desist applies to: NovaTech LTD (St. Vincent & Grenadines shell firm); NovaTech Advisors LLC (Florida

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OneCoin holding Ponzi event in 2022 @ Crowne Plaza, UK

Frauds, OneCoin

OneCoin founder Ruja Ignatova is on the FBI’s most needed listing. Sheltered by Bulgarian authorities, OneCoin itself continues to be operational. As a part of ongoing efforts to lure new traders into the $4 billion rip-off, OneCoin is holding a advertising and marketing occasion London subsequent month. To dupe traders, OneCoin now manufacturers itself as

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iComTech founder David Carmona arrested in the US

companies, Frauds, regulation

iComTech founder David Carmona has been arrested within the US. Carmona’s arrest follows indictment by a Grand Jury within the Southern District of New York. Along with Carmona, iComTech promoters Marco Ruiz Ochoa, Moses Valdez, Juan Arellano, David Brend and Gustavo Rodriguez have additionally been indicted and arrested. BehindMLM reviewed iComTech in October 2018. iComTech

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QZ Asset Management Review: BDAI trading Ponzi scheme

Frauds, MLM Reviews

QZ Asset Administration operates within the monetary funding MLM area of interest. The corporate additionally goes by QZ Make investments and represents it’s primarily based out of Guangzhou, China. Supposedly heading up QZ Asset Administration is Blake Yeung. Yeung doesn’t have a verifiable digital footprint. This might be because of language-barriers. Whereas QZ Asset Administration

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Carlos Martinez & Alisha Shepperd settle Forsage Ponzi fraud

Forsage, Frauds, regulation

Forsage promoter defendants Carlos Martinez and Alisha Shepperd have settled with the SEC. Each Martinez’s and Shepperd’s settlements are partial. That is in the end a moot level, as each Martinez’s and Shepperd’s (proper) settlements prohibit additional acts of securities fraud; prohibit participation in pyramid schemes; prohibit participation in “crypto asset securities” schemes (mainly any

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