regulation

Because of ongoing securities fraud violations QubitLife, previously QubitTech, has been added to Malaysia’s investor alert record. We’re a bit late on this one as Malaysia’s securities fee added QubitTech late final yr. As per the Securities Fee’s itemizing, QubitLife (then QubitTech) operates illegally by “finishing up unlicensed capital market actions”. These “actions” can be […]

QubitLife, previously QubitTech, has acquired a securities fraud discover from the Securities Fee of the Bahamas. As per the the SCB’s nineteenth March discover; It has come to the eye of the Fee that an entity known as QUBITTECH could also be conducting actions which are both registrable/licensable or unlawful beneath a number of of

Wiseling has obtained a securities fraud discover from the Securities Fee of the Bahamas. It ought to be famous what the Wiseling collapsed final month. The Ponzi scheme’s CEO, Matias Lappo, has been outed as an actor from St. Petersburg. As per the SCB’s nineteenth March discover; It has come to the eye of the

Liyeplimal and CHY Mall have come underneath fireplace by the Le Conseil Régional de l’Epargne Publique et des Marchés Financiers (CREPMF). Based on CREPMF, Liyeplimal and CHY Mall are “unauthorized actors … gathering irregular funds from the general public” within the area. CREPMF has flagged Liyeplimal and CHY Mall as “funding gives promising excessive returns”.

CHY Mall has acquired a pyramid scheme warning from Rwanda’s Ministry of Commerce and Trade (MINICOM). In response to MINICOM, Century Heng Yue (dba CHY MALL) was initially registered ‘to do e-commerce enterprise’ in Rwanda. Following a joint investigation nonetheless, Rwandan authorities have concluded CHY Mall has “diverted to (a) pyramid scheme”. As per MINICOM’s

The CFTC has secured a $571 million greenback judgment towards Management Finance CEO Benjamin Reynolds. There’s only one drawback… Benjamin Reynolds doesn’t exist. Management Finance was a Ponzi scheme launched in 2017. It was headed up by the man on the correct, a Russian actor taking part in “Benjamin Reynolds”. We’ve had a spate of