Category: MLM Lawsuits
Serial Ponzi Promoter Simon Stepsys Sentenced To Jail In The UK
December 21, 2022
Serial Ponzi promoter Simon Stepsys, 55, sold himself as an internet millionaire, posing with supercars. His plugs to 'get rich' schemes were linked to further 'misleading' schemes Warrington Magistrates' court ...
Avon Products Hit With $40 Million Verdict
December 18, 2022
Avon Products Inc. was ordered by a California jury to pay $10.3 million in punitive damages to a woman who blamed her cancer on talc in its cosmetics, in ...
SEC Files Action Against Former NewAge (Ariix, Morinda) CEO Brent Willis
October 19, 2022
According to a SEC Press Release: Litigation Release No. 25562 / October 18, 2022 Securities and Exchange Commission v. Brent David Willis, No. 1:22-cv-02744 (D. Colo. filed October 18, ...
Former Khrysos President Dwayne Dundore Orded To Pay $20 Million To Youngevity
September 22, 2022
Youngevity International, Inc. and its subsidiary Khrysos Industries, Inc today announced that the Circuit Court of the Ninth Judicial Circuit in and for Orange County, Florida, has issued an ...
SEC Charges Eleven Individuals In $300 Million Forsage Crypto Pyramid Scheme
August 2, 2022
7 USA Promoters involved: Mark F. Hamlin, of Henrico, Va. for receiving $565,828 Alisha R. Shepperd, of Dunedin, Fla. for receiving $549,075 Carlos L. Martinez, of Chicago, Ill. for ...
DreamTrips International Launches, Sells Out Pre-Launch Adventures
July 30, 2022
On July 29, 2022, DreamTrips International officially launched its travel lifestyle membership club with four, brand-new, exclusive membership levels that boast benefits unseen elsewhere in the direct selling industry; ...
MLM Blacklist – Tanya Jennings Cash FX – Cease and Desist?
July 8, 2022
Business For Home received a cease and desist letter from Tanya Jennings an australian citizen and promoter for Cash FX, a Ponzi scheme established in Panama, South America. As ...
La Colombiana María Alejandra, De ByDzyne, Alcanza Presidente 1-estrella
July 1, 2022
La producción de estrellas de primera línea se está convirtiendo en un sinónimo de la región latinoamericana, ya que ByDzyne da la bienvenida a su centro de liderazgo a ...
Hyperfund – Hyperverse Collapse, Kalpesh Patel Exit The Ponzi
May 26, 2022
Hyperfund, Hyperverse, Hypertech, Hyperone, and HyperNation, all rebrands in the past months of a very large Ponzi scheme. A Ponzi scheme is a fraudulent investing scam which generates returns ...
The SEC Charges John Barksdale – Ormeus Coin For $124 Million Fraud
March 11, 2022
The USA Securities and Exchange Commission today charged siblings John and JonAtina (Tina) Barksdale with defrauding thousands of retail investors out of more than $124 million through two unregistered ...
Lyconet – The Next myWorld Keynote Is Forthcoming
February 25, 2022
The long-term, strategic partnership between Lyconet and myWorld not only constantly bears fruit but also supports the growth of both companies. Therefore, one can be curious about what ...
Hyperfund And Hyperverse – UK Financial Authorities Official Warnings!
December 13, 2021
In the United Kingdom the Financial Conduct Authority (FCA) is the conduct regulator for around 51,000 financial services firms and financial markets. On 10 December the FCA warned the ...
