Tag: Fraud
Eaconomy Securities Fraud Warnings From New Zealand, Norway And Canada – Quebec
October 8, 2024
According to The Financial Markets Authority : “Te Mana Tātai Hokohoko (FMA) regulates New Zealand’s financial markets. We were established in 2011 as an Independent Crown Entity.” On their website the FMA in New Zealand stated: ...
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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 (UK) heard he spent almost £200k on ...
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Root Wellness Accused Of Fraud By Top Network Marketing Professionals
May 30, 2022
Root Wellness stated in their company profile: “At ROOT, our goal is to create products that honestly improve your life on a daily basis. We know that when you love something, it’s only natural to share ...
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Mind.Capital Banned In Italy, Spain And Texas
July 26, 2020
In Italy Consob has ordered: The black-out of Mind.Capital that illegally offer financial services/financial products. In Januari 2020, The National Securities Market Commission ( CNMV) in Spain confirmed Mind Capital is committing securities fraud. Mind.Capital is ...
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Mik Bijleveld & Mik Moves Fraud and Scam Warning
February 8, 2020
In our opinion, Mik Bijleveld also known as “Mik Moves” is a Dutch scam artist and active in the worldwide Network Marketing Scene. She left the Netherlands a couple of years ago. Her website www.exclusive-sailing.com is a “honeypot” ...
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Poll: Moving Downlines Is Fraud
November 15, 2019
“Moving a group of distributors (Downline) to an other distributor in the corporate tree” It happens too much with as reason – motivation” “The Downline Needs Support”…… For a new distributor above reason might look valid, ...
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$12 Million KaratBars Fraud Allegations Dismissed By German Court
August 27, 2019
Steinberg Marketing GmbH, Mainz, Germany informs by press release: The Karat Gold Cooperation failed in two respects and thus also in the final instance, i.e. its attacks against Steinberg Marketing GmbH failed completely. In particular, the findings ...
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Business Development Agreements (BDA) Just Business Or Fraud?
June 26, 2019
A Business Development Agreement (BDA) also called back room deals or Bridge money. Business development deals will always be a part of the MLM – Network Marketing profession, if you like it or not. Under a Business Development ...
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5Linx Founder Craig Jerabeck Admits To Fraud
May 2, 2018
Craig Jerabeck, one of the founders of the 5Linx, pleaded guilty Tuesday to the wire fraud conspiracy and also to the filing of a false tax return. Jerabeck and two other of the company founders ‘” Jason Guck ...
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Previous 5Linx Executives Declined An Offer By The USA Federal Government
June 7, 2017
The three men accused of stealing $4 million from the investors of a company they founded, walked out of federal court Monday saying they are ready to go to trial. The three top executives of 5LINX ...
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Market America Sued For Fraud And Pyramid Allegations
June 1, 2017
According to an article in Court House news: Two distributors for Market America claim the company’s $7.3 billion valuation comes from millions of people who have lost money after enrolling in the pyramid scheme, including Chinese-Americans ...
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5Linx Partners Charged With Cheating Investors
March 23, 2017
The original partners of 5Linx, once one of Rochester's fastest growing companies, cheated investors out of more than $4 million, federal authorities allege according to an article in the Democrat & Chronicle. The illegally gained ...
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