Google has filed a RICO lawsuit against two Chinese scammers it alleges are behind the OTCAI “click a button” app Ponzi. Named defendants in Google’s filed April 4th Complaint are: Yunfeng Sun (aka Alphonse Sun), an app developer believed to reside in Shenzhen, China Hongnam Cheung (aka Zhang Hongnim, Stanford Fischer), an app developer believed […]
Google sues OTCAI “click a button” app Ponzi scammers Read More »
Terrence Pounds has been sentenced to 94 months in prison for COVID-19 loan fraud. Pounds, who orchestrated the multi-million dollar fraud scheme, will also have to pay back $4.2 million in restitution. Pounds (47, right) and five accomplices were indicted back in April 2021. Pounds pled guilty to thirteen counts of fraud in May 2022.
Terrence Pounds sentenced to 7.8 yrs in prison for fraud Read More »
Brazil’s Supreme Court has approved the extradition of BitRobot admin Laurent Myriam Claude Barthelemy. Barthelemy was arrested in Brazil on an international arrest warrant request by Belgium in April 2023. As per the Supreme Court’s April 2nd press-release, Barthelemy (right) has been charged with “committing the crimes of criminal organization, fraud, computer fraud and money
Brazil approves extradition of BitRobot’s Laurent Barthelemy Read More »
Andrew Eaton has claimed GSPartners is on the verge of negotiating settlements with US regulators. Eaton, a top earner in the fraudulent investment scheme, leads a group of South African promoters under “GIHugeness” branding. Speaking on an April 3rd “GIHugeness” GSPartners call, Eaton claimed; Once everything is settled everything goes back to normal. But we
Andrew Eaton claims GSPartners settling with US regulators Read More »
Irina Dilkinska, OneCoin’s former Head of Legal and Compliance, has been sentenced to four years in prison. Despite her title, Dilkinska’s actual role within OneCoin was to oversee its money laundering operations. In that capacity, Dilkinska (right) worked closely with OneCoin co-founder Ruja Ignatova. Dilkinska’s sentencing follows her arrest in Bulgaria in 2021 and extradition
OneCoin’s Irina Dilkinska sentenced to four years in prison Read More »
Jury selection for the SEC’s MyNyloxin trial was supposed to kick off on March 25th. Instead on March 7th, a Joint Motion was filed requesting the pending trial. The basis for the request was a reached settlement. On March 8th the Joint Motion was granted, requesting the parties file a Status Report or Stipulation of
Nutra Pharma Corp settles MyNyloxin fraud with SEC Read More »
The FDA has issued a second consumer warning pertaining to undeclared ingredients in Govvi’s WOW! supplement. Testing of an additional sample of WOW! revealed undeclared DMHA. The sample also contained DMAA, which the FDA issued a warning about last December. As per the FDA’s second March 13th Govvi warning; FDA reminds consumers not to purchase
FDA issues second Govvi heart attack ingredient warning Read More »
YEM Foundation is under investigation by Germany’s BaFin regulator. As part of BaFin’s ongoing regulation, a YEM Foundation securities fraud warning was issued on March 22nd, 2024. BaFin warns consumers “against offers from the YEM Foundation”. According to BaFin ‘s findings, the company offers banking transactions and/or financial services without permission. This is the equivalent
YEM Foundation securities fraud warning from Germany Read More »
Unexa fails to provide verifiable ownership or executive information on its website. Supposedly Unexa is run out of Melbourne, Australia by founder and CEO Viktor Eskola. Eskola doesn’t exist outside of Unexa’s marketing. This is because he’s played by Ukrainian national Alexander Pelekh/Peleh (Александр Пелех). As per Pelekh’s corporate bio above, he claims “almost 20
AI trading ruse Boris CEO Ponzi Read More »
Indian authorities have seized ₹4.3 billion in cryptocurrency, gold and cash ($51.9 million USD). As reported by The Hindu on April 1st, the assets are tied to BitConnect’s “Divyesh Darji and others”. The ED probe is based on the First Information Reports registered by the Surat police in Gujarat under various provisions of the Indian
Indian authorities seize $51.9 million tied to BitConnect Read More »
