BehindMLM

TGI AG banned in Germany for investment fraud

Oz — Tue, 21 Apr 2026 23:17:56 +0000

TGI AG has been banned in Germany for violations of the German Investment Act. BaFin, Germany’s top financial regulator, announced the TGI AG ban on April 20th, 2026. On April 18, 2026, the German Federal Financial Supervisory Authority (BaFin) prohibited TGI AG from publicly offering the investment products “Customer Basic 2%” and “Customer Basic 2% + Loyalty Discount” due [Continue reading...]

Source: TGI AG banned in Germany for investment fraud

9th Family First Life robocall fraud lawsuit filed in Texas

Oz — Tue, 21 Apr 2026 19:48:26 +0000

The number of filed civil robocall fraud lawsuits against Family First Life’s parent company has climbed to nine. Family First Life is an MLM company that makes money selling purported insurance leads to its promoters. The opaqueness of the scheme has lead to multiple lawsuits alleging violations of the Telephone Consumer Protection Act (TCPA). Plaintiff James [Continue reading...]

Source: 9th Family First Life robocall fraud lawsuit filed in Texas

Rainbow Shared Energy investment fraud warning from Germany

Oz — Tue, 21 Apr 2026 15:46:04 +0000

Rainbow Shared Energy has received an investment fraud warning from Germany’s BaFin. BaFin’s April 20th Rainbow Shared Energy warning pertains to failure to publish a prospectus. The German Federal Financial Supervisory Authority (BaFin) has indications that Rainbow Shared Energy Ltd., based in Hong Kong, is publicly offering an investment in Germany in the form of [Continue reading...]

Source: Rainbow Shared Energy investment fraud warning from Germany

Sipology terminates MLM opp, commissions not paid

Oz — Tue, 21 Apr 2026 14:38:08 +0000

Sipology has announced it is terminating its MLM opportunity. The Canada-based MLM company, which primarily operated across North America, cited “financial circumstances” as the reason for the decision. Sipology was founded in 2008 as Steeped Tea. The company was headed up by co-founders Tonia and Hatem Jahshan (right), and marketed a range of loose-leaf tea. [Continue reading...]

Source: Sipology terminates MLM opp, commissions not paid

8th Family First Life robocall fraud lawsuit filed in Texas

Oz — Mon, 20 Apr 2026 15:52:12 +0000

The number of filed civil robocall fraud lawsuits against Family First Life’s parent company has climbed to eight. Family First Life is an MLM company that makes money selling purported insurance leads to its promoters. The opaqueness of the scheme has lead to multiple lawsuits alleging violations of the Telephone Consumer Protection Act (TCPA). Plaintiff [Continue reading...]

Source: 8th Family First Life robocall fraud lawsuit filed in Texas

Kymera Capital Review: Aureum AI Bot MLM crypto Ponzi

Oz — Mon, 20 Apr 2026 12:10:18 +0000

Kymera Capital, aka Aureum AI Bot, fails to provide ownership or executive information on its website. Kymera Capital operates from two known website domains: kymeracapital.io – privately registered on April 3rd, 2026 kymera.finance – privately registered on April 10th, 2026 On Kymera Capital marketing webinars we find Antonia Salas: Salas is a serial fraudster from [Continue reading...]

Source: Kymera Capital Review: Aureum AI Bot MLM crypto Ponzi

GSPartners refunds outside of US still being promised

Oz — Sun, 19 Apr 2026 14:14:31 +0000

On April 15th Apertum held a DAO1 marketing webinar. During the webinar, which some investors paid up to $500 to access, new fall guys and several new ruses to extract funds from investors were unveiled. In a nutshell, Apertum’s latest DAO1 marketing webinar can be broken down into four components (the rest was just waffle): [Continue reading...]

Source: GSPartners refunds outside of US still being promised

Rainbow Shared Energy Review: Charging Station “click a button” Ponzi

Oz — Sat, 18 Apr 2026 15:32:41 +0000

Rainbow Shared Energy fails to provide verifiable ownership or executive information on its website. Rainbow Shared Energy initially launched in 2024, operating from multiple domains. Those domains have since been disabled following Rainbow Shared Energy’s first collapse. This coincided with a Rainbow Shared Energy pyramid fraud warning issued by Russia in December 2024. At the [Continue reading...]

Source: Rainbow Shared Energy Review: Charging Station “click a button” Ponzi

John Fortini settles The Traders Domain fraud for $1.3 mill

Oz — Sat, 18 Apr 2026 13:08:38 +0000

John Fortini has settled The Traders Domain fraud charges brought by the CFTC for $1.3 million. Fortini was Vice President of Algo FX Capital Advisor LLC. Through Algo FX Capital Advisor LLC, Fortini laundered funds invested into The Traders Domain. The Traders Domain was a trading ruse Ponzi scheme run by Ted Safranko (right). The [Continue reading...]

Source: John Fortini settles The Traders Domain fraud for $1.3 mill

Neil Chandran & Bryan Lee plead guilty to Mike G Deal charges

Oz — Fri, 17 Apr 2026 15:54:49 +0000

Neil Suresh Chandran and Bryan Lee have pled guilty to criminal charges related to the Mike G Deal scheme. On April 16th, Chandran pled guilty to mail fraud. Lee pled guilty to conspiracy to commit mail fraud and wire fraud. The Mike G Deal saw consumers duped into investing around $45 million into fictional “CoinDeal” [Continue reading...]

Source: Neil Chandran & Bryan Lee plead guilty to Mike G Deal charges