Category: companies
-
Exp Realty dismissed from “drug & sexual assault” case
Exp Realty, parent company Exp Holdings, CEO Glenn Sanford and Agent Brent Gove, have been dismissed from a lawsuit alleging drugging and sexual assault. Plaintiff Anya Roberts’ suit was filed in December 2023 in California. Robert’s suit details alleged drugging and sexual assault by Exp Realty agents Michael Bjorkman, David Golden and Brent Gove. Exp…
-
CEO of Nutra Pharma Corp Agrees to $79,000+ Settlement
Subsequent to the announcement of a compromise between Nutra Pharma Corp officials and the SEC in the spring month of April, the specifics of a pair of agreements have been disclosed. In accordance with a conclusive judgment rendered in the SEC’s favor; Erik “Rik” Deitsch, Nutra Pharma Corp’s erstwhile CEO, has been mandated to disburse…
-
Zinzino Acquires Declining Xelliss Brand
It appears Xelliss has succumbed to operational challenges. As indicated by a press release on May 12th, Xelliss’ proprietary product formulas, as well as its distributor and client records, have been divested to Zinzino. Both Xelliss and Zinzino hail from Europe and operate as multi-level marketing (MLM) entities. In the wake of this strategic acquisition,…
-
David Kagel Collapses En Route to Mind Capital Plea Hearing
On his way to his Mind Capital plea hearing, David Lee Kagel, a fraudster involved in the Mind Capital Ponzi scheme, collapsed. According to a May 13th entry in the minute records for Kagel’s court proceedings; [Kagel] lost consciousness in the elevator as he was headed to this hearing. Emergency medical technicians are currently tending…
-
The Demise of Shao Bank’s Ponzi Scheme: Website Disappears and Multiple Relaunches
The investment fraud known as the Shao Bank Ponzi has met its end. This past week saw the deactivation of Shao Bank’s online presence. Currently, attempting to access Shao Bank’s domain leads to a dead end. Rather than admitting to their downfall, the operators behind ShaoBank are engaging in a game of domain roulette, aiming…
-
Beautycounter Representatives Being Directed Toward Arbonne
Following what seems to be a confidential deal, representatives from Beautycounter are being redirected into Arbonne. This shift by Beautycounter’s management casts doubt on the potential relaunch of its own direct-selling model. In line with a communication dispatched to Beautycounter “leaders” by the firm earlier this month; We understand that yesterday came with a deluge…
-
FinUp: Fourth Mavie Global Ponzi spinoff
FinUp is the fourth spinoff of the Mavie Global Ponzi scheme. Through FinUp, Mavie Global has jumped on the launched an “ai crypto trading” fraud bandwagon. FinUp sees Mavie Global pitch investors on passive returns, purportedly derived via AI crypto trading. Through its AI trading offering, Mavie Global claims FinUp can generate monthly returns of…
-
Texas Issues Cease & Desist Against Arkbit & ABC Holdings for Securities Fraud
Arkbit Capital, Arkbit Capital Holdings, ABC Holdings, and ABC Mining have received an urgent cease and desist order for securities fraud from the state of Texas. Arkbit Capital surfaced as a Boris CEO run MLM cryptocurrency Ponzi setup in late 2022 Arkbit Capital Holdings operates as a facade organization linked to Arkbit Capital ABC Holdings…
-
Chogan Group Executives Detained for Financial Misconduct
Leading members of Chogan Group, including its originators, have been detained for “financial deceit, cleansing of monetary assets and self-cleansing, in addition to fiscal and insolvency offenses.” The operation named “Paradise World,” launched by the Italian enforcement agencies, culminated in four individuals being taken into custody this past week. Established in 2013, Chogan Group is…