LEO

Wantage One targeting OneCoin, Ormeus, CBG & LEO Ponzi victims

companies, Frauds, LEO, OneCoin, Ormeus Global

Antony Norman’s Wantage One is marketing itself as a savior of OneCoin, Ormeus Global, CrowdBridge Global and LEO Ponzi scheme victims. Wantage One launched earlier this year and is part of Antony Norman’s Wellmont Capital Ponzi empire. Wantage One itself is unremarkable. It’s just another MLM cryptocurrency Ponzi scheme. In a recent promotional email sent […]

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High Court order sheds light on Dan Andersson’s fraud in Pakistan

Frauds, LEO, regulation, Unaico

A High Court order has provided insight into why LEO owner Dan Andersson can’t leave the country. Turns out Andersson’s years of scamming the Pakistani public have come back to haunt him. The recent but undated High Court judgement pertains to an April 22nd hearing. The case was filed by LEO owner Dan Andersson (cited

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LEO withholds commissions, Dan Andersson confirms Ponzi scheme

Frauds, LEO

LEO owner and CEO Dan Andersson has announced existing commission balances are being held hostage, pending new investment from recruited affiliates. Andersson’s announcement was made in a “Special Global Associate Meeting”, held yesterday. Last we heard Andersson was under criminal investigation in Pakistan. To that end authorities had forbidden him from fleeing the country. In

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LEO a Ponzi scheme in Pakistan, SEC shuts down shell company

companies, Frauds, LEO, regulation

A few weeks back I came across news that the Pakistan SEC had shut down ‘at least nine companies dealing in cryptocurrencies and offering Ponzi/MLM, referral marketing, pyramid business/schemes‘. Although this was MLM related news, I didn’t recognize any of the company names and so left it at that. A reader has now informed me

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