A licensed nurse practitioner, who additionally moonlights as a doTerra distributor, has been fined $15,000 for making misleading COVID-19 advertising and marketing claims. The DOJ filed a civil lawsuit in opposition to Eliza Johnson Bacot on January fifth, 2023. Bacot, together with husband Benton Bacot, reside in Georgia and maintain a joint doterra Diamond rank […]
doTerra distributor fined $15K over bogus COVID-19 claims Read More »
Jean Paul Ramirez Rico has settled a $12 million fraud case filed in opposition to him by the SEC. On January twenty fourth the the SEC filed a Movement for Entry of Judgment in opposition to Ramirez. Ramirez consented to the movement, constituting an efficient settlement. The court docket granted the SEC’s movement later the
Jean Paul Ramirez Rico settles $12 mill fraud case with SEC Read More »
Again in 2016 the Metropolis of London Police arrested Christopher Hamilton. Hamilton had been reported up for suspicious transactions by his financial institution. An investigation revealed the transactions had been tied to OneCoin. Together with Hamilton’s arrest, the CoLP additionally seized £30 million in checks, purportedly despatched to Hamilton by convicted OneCoin cash launderer Gilbert
UK authorities returned £30 mill to OneCoin money launderer Read More »
Each Uulala and its Batched reboot have collapsed. Affiliate buyers can’t log in, which means withdrawals are successfully disabled. There’s a little bit of unreported historical past we have to compensate for with Uulala, so let’s recap with a quick rundown of how we acquired right here. Uulala launched in 2017 as a crypto rip-off
Uulala & Batched reboot collapses, SEC investigation confirmed Read More »
Two superseding indictments have been filed within the Forcount Ponzi felony case, including Nestor Nunez and Ramon Perez as defendants. The submitting dates are just a little unusual, with all three Forcount indictments being filed on December sixth. Whereas we reported on the unique indictment final month, the 2 superseding indictments had been solely just
Ramon Perez & Nestor Nunez added to Forcount indictments Read More »
Indian authorities have frozen $11 million {dollars} they allege is a part of a cash laundering racket tied to QNet. As per a January 18th report from MoneyLife; Enforcement Directorate (ED), the company answerable for imposing financial legal guidelines and preventing financial crime in India, has freezed 36 financial institution accounts relating to numerous corporations,
Indian authorities freeze $11 million tied to QNet Read More »
Tedy Teow, founding father of the MBI Worldwide Ponzi scheme, is ready to be extradited to China. Teow (aka Teow Wooi Huat) (proper), fled Malaysia someday after 2018 after his unique 2017 arrest. Following an ongoing investigation into his disappearance, Teow was arrested in Thailand final July. Malaysian authorities have charged Teow with cash laundering
MBI International’s Tedy Teow to be extradited to China Read More »
Monetary regulators in Portugal have issued a second CashFX Group securities fraud warning. As per a January seventeenth warning from the Comissão do Mercado de Valores Mobiliários (CNVM); The Portuguese Securities Market Fee (CMVM) attracts consideration to the truth that Money Foreign exchange Group/Money FX Group/CFX … (is) not approved or registered with the CMVM
Second CashFX Group securities fraud warning from Portugal Read More »
The EminiFX Receiver has secured court-approval to unload 3680 BTC. The overwhelming majority of the bitcoin (3658 BTC), was recovered from CoinPayments in November. The Receiver filed an software prime unload the bitcoin on December ninth. Since October, the property has obtained over 3,680 Bitcoin (BTC) valued at over $60 million, in addition to extra
EminiFX Receiver authorized to sell 3680 BTC Read More »
March 2022 noticed JetCoin scammers Dwayne Golden, Mardy Eger and Gregory Aggesen arrested. The trio have been indicted on prison costs associated to their operation of the JetCoin Ponzi scheme. Concurrently, the CFTC additionally filed paralell civil fraud costs. What I didn’t know up till at the moment was the CFTC additionally investigated confederate James
James Ward settles JetCoin Ponzi fraud with CFTC Read More »
