Following non-payment of withdrawals and an effective collapse, PGI Global has made an announcement suggesting they’ll be exit-scamming through Kala. That’s the same Kala shitcoin Nui launched three years ago. From what I can tell PGI Global informed affiliates they’d be getting Kala wallets about a month ago. This roughly […]
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Darren Olayan issued Mintage Mining securities fraud C&D
The state of Michigan has issued Darren Olayan a securities fraud cease and desist pertaining to Mintage Mining. Michigan’s notice was issued on April 8th, however I only came across it today as part of my research into Olayan’s $595,000 Utah fine. As per Michigan’s cease and desist; The Administrator’s […]
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Darren Olayan fined $595,000 for Divvee securities fraud
The Utah Division of Securities has fined Divvee Social and Darren Olayan $595,000 as part of a securities fraud settlement. The Utah Div Sec litigation pertains to Divvee Social. This stems from Olayan’s original Divvee pyramid scheme, which was rebranded as Nui Social in November 2017. It’s assumed “Divvee Social” […]