Mirror Trading International

Mirror Buying and selling Worldwide CEO Johannes Steynberg has reportedly died in Brazil. Steynberg’s dying follows a neighborhood identification fraud conviction and pending approval of extradition to South Africa. As per a dying certificates printed to the “Mirror Buying and selling Worldwide Rip-off – Now What!?” FaceBook group,  Steynberg, 40, died of sudden onset acute

One of many widespread misconceptions with MLM receiverships within the US is that they work to maintain funds for themselves. In actuality, the place restoration is feasible, the overwhelming majority of recovered property are paid out to victims of the scheme. This course of usually ties right into a regulatory lawsuit and is broadly overseen

Of the 300,000 investor accounts Mirror Buying and selling Worldwide boasted, round 90% have been simply electronic mail addresses. That’s to say, Mirror Buying and selling Worldwide solely had round 30,000 precise buyers. Homeowners and high recruiters having a number of positions in MLM corporations is nothing new. 270,000 bogus accounts nevertheless is certainly up

The liquidation of Mirror Buying and selling Worldwide has devolved right into a struggle between liquidators and the federal government. BehindMLM beforehand reported on SARS, South Africa’s IRS equal, demanding liquidators give up $34.46 million. This quantity is simply shy of the complete quantity to this point recovered. Final week SARS escalated its efforts, searching for

Whereas South Africa’s authorities proceed to do nothing, civil Mirror Buying and selling Worldwide liquidation proceedings proceed. The most recent is a ten-page provisional order, defining precise victims from the scheme towards net-winners. As per the Excessive Court docket’s August thirty first order, MTI’s liquidators have been instructed to deal with bitcoin invested into the