The USFIA Receiver has allowed sufferer claims totaling $45.2 million. As at November ninth, $15.3 million in claims and a further $11.1 million in duplicate claims have been disallowed. The figures have been supplied by the Receiver in his Twentieth Interim Report, spanning the second quarter of 2020. Throughout associated entities tied to USFIA founder […]
$45.2 million in USFIA victim claims allowed Read More »
Following on from allegations the Success By Well being deleted proof, the FTC has made new allegations pertaining to fabricated proof. Particular person defendants known as out by the FTC are Jay Noland, his spouse Lina and Scott Harris. At difficulty are two royalty agreements, between Success By Media and Enhanced Capital Funding. The agreements
Success By Health “fabricated evidence”, alleges FTC Read More »
Jason Cardiff’s request for $42,596 a month to cowl his household’s bills has been diminished to $4300 a month. Of the $4300 granted, $2500 covers little one assist leaving $1800 for “groceries and each day requirements”. The courtroom declined to fulfill Cardiff’s $42,596 a month ask as a result of bills have been ‘neither precisely
Jason Cardiff granted $4300 of requested $42,596 a month Read More »
WoToken was a cellular app Ponzi scheme launched by Chinese language scammers final yr. Final month the rip-off’s co-founders, Gao Yudong, Li Qibing, Wang Xiaoying and Tian YongBo, had been every sentenced by a Chinese language court docket to jail sentences starting from two years six months to eight years six months. As reported by
WoToken Ponzi co-founders sentenced to prison in China Read More »
AirBit Membership co-founder Gutemberg Dos Santos was extradited from Panama on November twenty fifth. The extradition was a part of the DOJ’s AirBit Membership felony case, which additionally names Renato Rodriguez as a co-conspirator. Dos Santos and Rodriguez launched the AirBit Membership Ponzi scheme in 2016. Rodriguez and Dos Santos had been indicted earlier this
Gutemberg Dos Santos extradited to US from Panama Read More »
PlusToken’ three co-founders have been sentenced in a Chinese language prison case. Language-barriers means monitoring the scope of the Chinese language investigation into Plus Token is tough. Preliminary reviews in mid 2019 pegged Plus Token investor losses at $2.9 billion. A 12 months or so later we discovered Chinese language authorities had arrested 109 suspects.
Chinese govt to keep $4.2 billion in seized Plus Token funds Read More »
Following on from the arrest of twenty-one Eagle Gates Group scammers in April, nineteen have since been jailed. On October twenty eighth 4 Thai and two Taiwanese defendants had been discovered responsible of defrauding the general public and committing a transnational crime. As reported by the Bangkok Submit; The primary defendant was sentenced to 50
Seventeen Eagle Gates Ponzi scammers jailed in Thailand Read More »
It’s been two years since we’ve heard something out of Bielefeld’s Public Prosecutor’s Workplace concerning OneCoin. Now, three suspects have been indicted and can seem at Munster District Court docket. As reported by WirtschaftsWoche; the investigators accuse two folks of working fee companies with out permission and of getting transferred greater than 300 million euros
Three OneCoin money launderers indicted in Germany Read More »
Numerous forms of Isagenix’s Isalean bars and shakes have been recalled in Canada. The recall follows a sequence of “reported diseases”, linked to the consumption of the affected merchandise. As per an alert put out by the Canadian authorities, the next Isagenix merchandise ‘could also be unsafe on account of over-fortification of nutritional vitamins’: Isalean
Isagenix products cause illnesses in Canada, mass recalls Read More »
The Australian Securities and Investments Fee has filed legal costs in opposition to John Louis Anthony Bigatton. Bigatton served as an Australian Director of the notorious BitConnect Ponzi scheme. In September ASIC hit Bigatton with a seven-year monetary companies ban. Following a prolonged investigation, ASIC has now moreover charged Bigatton (proper) with: one depend of
BitConnect’s John Bigatton criminally charged in Australia Read More »
