Archives for News - Page 3
I have received multiple reports from WorldVentures representatives about not being paid their commissions or having their commissions delayed. I have taken a look into the issue and have found additional public comments about this problem. Here is what I have found.
Modern Tech claims to be the authorized agent for launching two cryptocurrency ICOs, Ifan and Pincoin. Pincoin says they are the cryptocurrency for the “sharing economy.”: Sharing is caring. iFan claims to be the “most advanced social network”.
Texas regulators are back in action. Texas Securities Commissioner Travis J. Iles entered an Emergency Cease and Desist Order against a convicted felon who is offering investments in two things that usually don’t go together: a cryptocurrency trading program and a marijuana growing operation.
A federal judge finalized the $25 million settlement between Donald Trump and students of his now shutdown Trump University scam. Victims of Donald Trump’s fraudulent university will finally receive some of their money back. It is about time.
It is a good idea to avoid any ICO endorsed by a celebrity. Centra Tech used paid endorsements from prominent celebrities such as boxer Floyd Mayweather and singer DJ Khaled. These are two of the last people you should look to for ICO investment advice.
Sergey Mavrodi the founder of the MMM scam has passed away today in Moscow. The day before Mavrodi was hospitalized from a bus stop on Polikarpov Street. A casual passer-by called him an "ambulance" - Mavrodi complained of weakness and pain in his heart.
The Direct Selling Association (DSA), some large multilevel marketing (MLM) companies, and their Congressional friends such as Representatives Moolenaar (MI) and Blackburn (TN) are again trying to give presents to investors and owners of MLM companies.
There has been a recent rash of lawsuits against MONAT. More than 500 complaints have been filed with the BBB and their BBB page is currently down for an update. In a recent class action lawsuit, MONAT has been compared to a pyramid scheme.
Shortly after being issued a Cease and Desist by the North Carolina Securities Division, Frank Calabro Jr.'s home has been searched and property has been seized. Frank was not at his home when it was searched. His whereabouts are unknown. Is he on the run?
Frank Calabro Jr. has promoted many different money making scams over the years including Zeek Rewards and Traffic Monsoon. The one that has finally landed him in the crosshairs of regulators is USI-Tech.