Archives for News - Page 3
A $5,000,000 class-action lawsuit has been filed against Rodan + Fields, a multi-level marketing company specializing in skincare products. This matter arises out of alleged Rodan + Fields’ deceptive labeling and unlawful marketing of its Enhancements Lash Boost (“Lash Boost”) eye serum.
A website has been setup for victims of the QNET scam: qnet.org. In less than a week, they have managed to reach out to thousands of victims who are now spreading the word and coming together on a single platform to share their grief and voice their opinion. The website also features a petition to the Govt and a major partner of QNET to put pressure on QNET.
The Economic and Financial Crimes Commission (EFCC) has arrested Maxim Lobaty, a Russian and two Nigerians: Austin Emenike and Dickson Nonso Onuchukwu in Lagos. They were arrested for their participation in the Swissgolden scam. I know it is shocking to find out that a Russian is behind a company selling "Swiss" gold.
The Slave Circle documentary exposes in great detail the techniques used by direct selling companies like Smart Circle and Cydcor/DS-MAX. These companies use offices all over the country that go by different names. These marketing companies are always hiring.
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.