On March 23rd Success by Health’s attorneys filed a motion to withdraw. At the time attorneys represented the Success by Health corporate entities, as well individual defendants James D Noland, Jr, Lina Noland, Thomas Sacca and Scott Harris. Stated reasons in the withdrawal motion are as follows: 1. The clients have failed to substantially fulfill […]
Success by Health’s attorney bails for reasons unknown Read More »
Oslo police have decided it’s not worth pursuing an investigation into Lyoness. Audun Kristiansen, a prosecutor at the joint unit for intelligence and investigation, told E24 In light of the current situation and that the case will require considerable resources over a long period of time, we consider it necessary to allocate resources elsewhere. Last
Norwegian police drop Lyoness case due to lack of resources Read More »
The next chapter in the FTC’s fraud case against Redwood Scientific Technologies is likely to be mediation. On April 17th a court order referred the case to a Magistrate Judge for settlement. On April 23rd defendants Jason and Eunjung Cardiff filed a motion requesting a stay on proceedings, pending the outcome of their recently filed
FTC v. Redwood Scientific Technologies referred to mediation Read More »
The Philippine SEC has issued a securities fraud warning against Crowd1. As per an investigation into Crowd1 by the SEC, the regulator found it is apparent that the business of CROWD1, while undoubtedly a pyramiding scheme, is a securities offering through an investment contract. Furthermore, the use of the product or the online gaming is
Crowd1 securities fraud warning issued in the Philippines Read More »
Last we touched base with the Infinity2Global criminal trial (June 2019), defendant Richard Maike wanted to delay proceedings till February 2020. The issue then was Maike was playing attorney musical chairs. Ultimately Maike got his wish and then some, with the court delaying the trial till May 11th, 2020. Now due to COVID-19, the Infinity2Global
Infinity2Global criminal trial delayed till August (+ updates) Read More »
The SEC’s lawsuit against Nutra Pharma Corporation and CEO Erik Deitsch, has survived a Motion to Dismiss. Some of the defenses raised in the motion however were upheld. As part of their lawsuit, the SEC alleged Deitsch published press-releases with bogus info. The press-releases were published pursuant to consultancy agreements with Wall Street Buy, New
SEC’s MyNyloxin lawsuit survives motion to dismiss Read More »
Just under two weeks ago BehindMLM called out the TelexFree Trustee for failing to communicate with victims. Today the Trustee has finally provided an update on parallel IRS proceedings and distribution payments. In our April 19th article we cited the IRS’ $429 million dollar claim as a major risk to TelexFree victim claim distributions. In
TelexFree victims to initially recover 40%, IRS claims resolved Read More »
Thai authorities have arrested twenty one suspects in connection to the Eagle Gates Group Ponzi scheme. The latest arrests follow that of two suspects over two years ago. Those apprehended by the Department of Special Investigation are mostly Thai citizens (19 suspects). Two non-Thai citizens are part of the group but their nationalities have not
21 Eagle Gates Group scammers arrested in Thailand Read More »
Individually and through their D&L Trust, Linda and David Hackett stole over $1.2 million dollars from TelexFree victims. Over four years since clawback proceedings were filed against them, the Hacketts have settled with the TelexFree Trustee. Initially the Hacketts disputed the Trustee’s claims against them. They disagreed with how much the Trustee recorded they stole,
Linda & David Hackett settle TelexFree fraud for $455,000 Read More »
The FTC has warned ten MLM companies over false COVID-19 marketing claims. Claims made by the companies and their distributors specifically pertain to preventing and treatment of COVID-19. Warning letters were sent out by the FTC to the following MLM companies on April 24th: The FTC notes letters sent out to the above companies mark
MLM companies receive COVID-19 warnings from FTC Read More »
