Brazilian prosecutors allege Carlos Costa, co-founder of TelexFree Brazil, used investor funds to buy ten flats in Florida. Fairly than buy the properties in his personal identify, Costa is alleged to have laundered TelexFree investor funds by way of his daughter, Priscila. All ten flats are positioned on the 4 flooring of the condominium named […]
TelexFree funds used to purchase Florida apartments Read More »
Singapore’s Well being Science Authority has issued a well being warning pertaining to Valentus’ SlimRoast Optimum Darkish Roast Espresso. HSA started investigating Valentus’ SlimRoast product following complaints of giddiness and nausea from most people. As per the HSA’s November twenty ninth warning, Valentus SlimRoast was examined and confirmed to comprise phenethylamine (PEA). HSA warns that
Valentus SlimRoast health warning issued in Singapore Read More »
Two extra of OneCoin’s web site domains have been pulled offline. DNS data reveal the domains have been pulled on account of an investigation by area registry EurID. Each “oneacademy.eu” and “oneworldfoundation.eu” have been reside as of December 1st. Someday within the final twenty-four hours nonetheless DNS for each domains has been suspended. One Academy
Two more OneCoin domains offline, under investigation Read More »
On November twenty sixth the Tenth Circuit dismissed Charles Scoville’s second filed Site visitors Monsoon enchantment. Scoville filed the seemingly pointless second enchantment again in March 2018. The enchantment was denied again in January this yr. On November twenty sixth the Tenth Circuit dismissed the case, successfully clearing the enchantment as an administrative impediment. This
Traffic Monsoon 2nd appeal gone, Receiver to subpoena bank Read More »
Moderately than adjust to an order directing him to observe a number of financial and asset give up orders, Jacques Poujade has filed an enchantment. Poujade is interesting an October twenty ninth order, which imposes financial fines operating into tens of hundreds for non-compliance. Along with his enchantment Poujade (proper) additionally filed a November twenty
Jacques Poujade files RengaLife contempt order appeal Read More »
The Norwegian Lottery Authority has revealed it has an lively investigation into Crowd1. The Lottery Authority first grew to become conscious of Crowd1 following a number of inquiries from the Norwegian public. The Lottery Authority data that Crowd1 is being traded in a pyramid system, however doesn’t presently have ample data of the turnover system
Crowd1 under regulatory investigation in Norway Read More »
Wantage One claims it has filed attraction in opposition to a choice by Austria’s Monetary Market Authority. On November thirteenth the FMA identified Wantage One isn’t registered to supply securities in Austria. Though worded otherwise, the FMA’s warning successfully constituted a securities fraud stop and desist. Consequently, on November twenty ninth Wantage One introduced it
Wantage One claims Austrian securities fraud appeal filed Read More »
Zhunrize and proprietor Jeff Pan have been hit with $132 million greenback ultimate judgments. Ultimate judgment in opposition to Zhunrize and Pan was ordered on November 14th and thirteenth respectively. As per the orders each Zhunrize and Pan are completely prohibited from additional committing securities fraud. Zhunrize is up for $72,887,552 in disgorgement, plus $23,887,774
Zhunrize Ponzi final judgments top $132 million Read More »
US authorities have arrested a second OneCoin cash launderer, David R. Pike. Pike labored with convicted OneCoin cash launderer Mark S. Scott. He was apprehended after mendacity to federal brokers about laundered OneCoin cash. Final December David Pike attended a gathering with FBI, IRS and DOJ. Throughout the assembly Pike was queried on $400 million
David Pike, second OneCoin money launderer arrested Read More »
A Bangkok court docket has discovered Derrick Keller not responsible over his affiliation with the Eagle Gates Group Ponzi scheme. Keller (proper) was arrested final August over his involvement in promotion of Eagle Gates Group. In his protection, Keller claimed he was approached in China about appearing in movies portraying Eagle Gates Group’s administration. Keller
Derrick Keller cleared of Eagle Gates Group charges Read More »
