In 2016 AmeriSciences Trustee Rodney Tow sued Organo Gold, Holton Buggs, former Amerisciences CEO Barry Cocheu, and fifteen other former AmeriSciences distributors. By the time the case reached trial in May 2018, Organo Gold,...
Mauritius’ Financial Services Commission has issued a securities fraud warning against Cloud Token. In their warning the FSC singles out Cloud Token affiliates promoting the investment opportunity through social media. The groups “Cloud Token...
Defendants Phillip Piccolo, Kevin Johnson, Joseph Reid and Paul Morris have filed their answer to Armen Temurian’s Vista Network lawsuit. The defendants have also filed a counterclaim with their answer. Piccolo’s, Johnson’s, Reid’s and...
The Brazilian SEC has launched an investigation into the Investimento Bitcoin Ponzi scheme. Although they’ve yet to make a formal statement, the Brazilian SEC (CVM) has confirmed to UOL it is investigating Investimento Bitcoin...
A September 11th court order has scheduled the WorldVentures v. Mavie lawsuit trial for December 2nd, 2019. The day after the order co-defendant Ariix filed a motion requesting a reset of the trial date....
Authorities in India have shut down Serfa Marketing Private Limited, a QNet spinoff launched by former affiliate Baki Srinivas Reddy. Reddy (right) joined QNet and went on to lose just under $20,000 USD. Cyberabad...
Aegea appears to have collapsed and recently rebooted as Energentics. A visit to Aegea’s old website domain today shows visitors a static branded picture. Alexa statistics for the domain show a collapse hit hard...
The SEC has filed a lawsuit against Bitqyck and owners Bruce Bise and Samuel Mendez. The regulator alleges Bise and Mendez ” engaged in deceptive conduct”, and that Bitqyck itself was a $13 million...
Following the collapse of its Ponzi scheme, Exp Asset continues to string investors along. The latest is a fourteen-day deadline for affiliate refunds. Exp Asset made its latest announcement yesterday via Facebook. According to...
Spain’s National Securities Market Commission has issued a securities fraud warning against Xsinergia. According to the CNMV, Xsinergia is not registered to offer securities in Spain. The regulator identifies Xsinergia as Sinergia De Activos...
