In a recent report on the worldwide investigation of OneCoin, it has been reported by capital.bg that Ruja Ignatova was NOT arrested in Germany.
In 2014, Lyoness was taken to court by the Australian Competition and Consumer Commission alleging that the Lyoness Loyalty Program constitutes a pyramid scheme. The Australian Competition and Consumer Commission failed in court. Now the Lottery Authority has shutdown Lyoness in Norway.
When one scam starts to lose its luster there always has to be a follow up. The OneCoin scam is losing its leadership and its popularity. The money is no longer coming in as quickly as the promoters have seen in the past. Now Dagcoin has stepped in to fill the void. My subscribers have requested that I take a look into Dagcoin. Here is what I have found.
The FTC in their current "Business Guidance Concerning Multi-Level Marketing" explains what is a deceptive compensation structure that harms consumers. The problem is they do nothing to solve the problem. They are allowing the vast majority of MLM companies to continue to scam people out of their money with deceptive marketing. This needs to change.
Time has run out for the BitConnect scam here in the USA. There is a new sheriff in town and he is not taking any nonsense from cryptocurrency scammers.
Regulators in the USA are waking up to the financial danger of the USI-Tech scam. Texas Securities Commissioner Travis J. Iles entered an Emergency Cease and Desist Order for Dec. 20 against USI-Tech Limited.
Cryptocurrency trading software is becoming a common cover for running a scam. Promises are made about how effective the software is to lure you into a Ponzi scheme and a recruiting pyramid scheme. My subscribes have requested that I take a look into the Trade Coin Club. Here is what I have found.
The binary options industry has been generating huge amounts of money, employing thousands of people, and cheating investors worldwide with many different scams. It has been doing terrible harm to its victims. The center of this scam has been Israel. Finally, the government of Israel has taken action.
The binary options scam is run on a never ending stream of websites. The home base for many of the companies that run these scams is Israel. Investing with these companies offering binary options should be avoided. It can be nearly impossible for you to recover your money. My subscribers have requesting I take a look at IQ Option. Here is what I have found.
The Securities and Exchange Commission today announced it obtained an emergency asset freeze to halt a fast-moving Initial Coin Offering (ICO) fraud that raised up to $15 million from thousands of investors since August by falsely promising a 13-fold profit in less than a month.