scam

The founders of EmpiresX, Emerson Pires, and Flavio Goncalves have been found guilty by default. On December 7, each of the two scammers, who have both run away to Brazil, was given a court order. In the EmpiresX civil class action,…
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NovaTech FX has come up with securities fraud pseudo-compliance in response to a Californian order to stop securities fraud that was sent out last week. NovaTech FX investors have received an "urgent request" from the Ponzi scheme in the…
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The Australian Securities and Investment Commission has sent a "scam alert" about securities fraud to Validus (ASIC). According to a warning from ASIC on November 18; Validus's financial services business seems to be run in a way that…
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The California Department of Financial Protection and Innovation has told NovaTech FX to stop committing fraud (DFPI). The notice is the first time a US regulator has done something against NovaTech FX. The DFPI's notice to stop on…
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Jonathan Tetreault has paid $780,795 to the SEC to settle fraud charges against Trade Coin Club. The SEC's case against Tetreault was over when the Consent Judgment was filed on November 18. The SEC sued four people earlier this…
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OmegaPro has made its collapse into a story about "hackers!" In a "official statement" that was sent out earlier today, OmegaPro writes (language mistakes are left in): After looking at the technical problems OmegaPro has been having…
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Canada has warned NovaTech FX for the second time about securities fraud. The Alberta Securities Commission warned investors about NovaTech FX on October 14. Companies on the list, according to the ASC's website, are not…
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The DOJ moved to make Frank Schneider's indictment public, which could be a sign that he will be sent to the US. On December 5, the court said yes to the DOJ's request. Schneider (on the right) was charged by a New York Grand Jury…
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Richard Anzalone, who was charged in the Infinity2Global case, drowned in Hawaii. Anzalone's death isn't very interesting. According to a report from KITV on October 17; Anzalone, who was 61 years old, came to Oahu from Nevada. On…
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Under a proposed Chapter 11 Plan of Liquidation, the NewAge Beverages plant in Colorado will be sold off. The 61-page document, which was filed on November 30, shows how NewAge's Chapter 11 bankruptcy plan will be changed. NewAge,…
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