Again in 2020 fee processor ePayments introduced it was the topic of a freeze order. The freeze order was issued by the FCA, tying up over £100 million in shopper funds. These funds are nonetheless frozen. Now ePayments has introduced it’s shutting down. As per ePayments’ September twelfth announcement; ePayments has begun the method of […]
ePayments shuts down, offers clients refunds (OneCoin?) Read More »
Twelve Defendants within the TelexFree class-action filed motions to dismiss the newest Fifth Amended Grievance. 5 motions had been granted and one was partially granted, leaving six Defendants totally on the hook. The 5 Defendants who efficiently bought the case dismissed towards them are: The Sheffield Group; PNC Financial institution, N.A.; Worldwide Payout Programs; Garvey
TelexFree class-action survives seven Motions to Dismiss Read More »
Usually an MLM Ponzi scheme launches with or switches to cryptocurrency to keep away from monetary regulation. Then there’s CashFX Group who, following two years of ongoing crypto withdrawal issues, have now satisfied traders they’ll be paid by way of a debit card. CashFX Group is a Ponzi scheme that has to this point acquired
CashFX Group sets up BullnBear Pay to pay withdrawals Read More »
Information broke of Allied Pockets executives being indicted on felony prices final Friday. On the time I used to be unable to entry what I believed was a sealed indictment. Positive sufficient a sealed indictment was filed on August twenty fifth. Pending the arrest of three of the suspects, all of which have been US-based,
Ahmad Khawaja’s Allied Wallet fraud indictment Read More »
4 Allied Pockets executives, together with proprietor and CEO Ahmad “Andy” Khawaja, have been indicted on fraud prices. This newest spherical of indictments follows prices filed in 2019, in addition to an FTC lawsuit detailing theft of $110 million. In accordance with a DOJ press-release put out earlier immediately; 4 people have been charged within
Allied Wallet execs indicted, owner Ahmad Khawaja on the run Read More »
Vida Divina is suing fee processor T1 Funds over a disputed $233,424 termination price. Vida Divina is a California primarily based MLM firm run by Armand Puyolt. BehindMLM reviewed Vida Divina shortly after launch in 2016. On its web site T1 Funds claims it “focuses on fee processing for high-risk industries”. As alleged by Vida
Vida Divina sues T1 Payments over disputed termination fee Read More »
As per a January sixth order, MOBE’s non-consumer collectors have been directed to file claims for fee consideration. As per a report filed by the MOBE Receiver on April twenty second; The Receiver obtained a complete of 15 Declare Types. Twelve of the Declare Types have been offered by “Shopper Collectors.” The three Non-Shopper Declare Types
Payment processors denied slice of MOBE Receivership pie Read More »
High Tradera earners have filed a lawsuit towards the corporate’s fee processor, iPayout. Tradera was a buying and selling indicators MLM firm. Simply shy of a fortnight in the past Tradera’s house owners, Kody Promote and Eastan Harris, pulled the plug and exit-scammed. The abrupt shut down left Tradera distributors in a lurch. A lawsuit
Tradera’s payment processor iPayout sued by top earners Read More »
I held off reporting on the Payza case final result as I wished to go off the official case information. Pacer hasn’t up to date but however, courtesy of the Montreal Gazette, we all know how the November tenth sentencing listening to went down. As per a report printed by the Montreal Gazette, Firoz Patel
Payza co-founders sentenced to 4+ years prison Read More »
The DOJ is requesting Payza victims to file a petition for remission. It needs to be famous upfront that there is no such thing as a assure submitting a petition will end in partial or full restoration. The pattern petition kind offered permits Payza victims to clarify to the DOJ the character and circumstance of their
Payza victims urged to file remission petitions Read More »
