All In Blockchain’s website provides no information about who owns or runs the company. In fact as I type this, All In Blockchain’s website is nothing more an affiliate sign-in/registration form. All In Blockchain’s website domain (“allinblockchain.net”) was privately registered on March 2nd, 2020. Further research reveals the first video uploaded to All In Blockchain’s […]
All In Blockchain Review: Forex trading Ponzi scheme Read More »
Last month we covered the Jason and Eunjung Cardiff’s attempt to have FTC proceedings against them stayed, pending a since withdrawn appeal against the sale of their house. The Cardiffs also argued “they were not afforded due process”, and had a whinge about most of their motions being denied. The court disagreed and denied the
Cardiffs denied stay, Poujade up for contempt & trial date Read More »
OpenAlexa provides no information on its website about who owns or runs the company. Worse still, OpenAlexa blatantly lies about having no ownership: Who is the Project Administrator? In a project like OpenAlexa there is no administrator. OpenAlexa’s website domain (“openalexa.io”) was privately registered on March 30th, 2020. At the time of publication Alexa (no
Ethereum smart contract gifting scheme Read More »
Cryptoix provides no information on its website about who owns or runs the company. Cryptoix’s website domain (“cryptoix.org”) was first registered in April 2019. The domain registration was last updated privately on April 4th, 2020. As always, if an MLM company is not openly upfront about who is running or owns it, think long and
200% a day crypto Ponzi Read More »
Truvy began as TruVision Health, a Utah based MLM company launched in 2014. Initially heading up TruVision Health were co-founders Boyd Wathen and David Brown. The two are credited as the creator of Plexus’ established “pink drink” product, Slim. The pair had a falling out with Plexus, which initiated TruVision Health’s launch. Wathen appears to
Truvy Review: No retail customer differentiation Read More »
The SEC’s fraud case against defendants Dan Putnam and Jean Paul Ramirez was initially filed under seal on May 7th. The case was unsealed on June 4th, leading to our report on it. Looking at the case docket, we learn that Putnam’s and Ramirez’s assets were frozen the same date the SEC filed the case.
Dan Putnam & Jean Ramirez’s assets frozen in SEC case Read More »
Last August Charles Scoville filed a motion requesting Traffic Monsoon victims pay his $270,000+ legal bill. On May 29th Scoville’s motion was denied. As stated simply by the court: A defendant in a securities fraud lawsuit does not have a constitutional right to use frozen assets to pay for an attorney. The District Court acknowledged
Scoville denied use of victim funds to pay legal fees (again) Read More »
The FTC has issued a second COVID-19 warning to major players in the MLM industry. This time around the regulator is citing examples of marketing fraud from Youngevity, Melaleuca, Isagenix, Juice Plus+, Plexus Worldwide and Vivri. Specific examples of COVID-19 marketing fraud cited by the FTC include: Juice Plus A video promoting The Juice Plus
FTC issues second COVID-19 warning to MLM companies Read More »
The SEC has filed a federal fraud lawsuit against Daniel F. Putnam, Jean Paul Ramirez Rico and Angel A. Rodriguez. The SEC alleges the defendants defrauded consumers out of at least $12 million through cryptocurrency securities fraud. In addition to the primary individual defendants named above, the SEC names Putnam’s seventy-six year old father, Richard
SEC sues Dan Putnam & Jean Ramirez for $12 mill in fraud Read More »
Crowd1 has been identified as a “pyramid scam” by Gabon’s Ministry of Economy and Finance. In a June 1st communication, Gabon’s top financial regulator warns that Crowd1 is akin to network marketing pyramid scam systems in which profit does not come sales activity but from the recruitment of new members. Thus, only the designers of
Crowd1 “pyramid scam” warning issued in Gabon Read More »
