TVI Express was a travel themed pyramid scheme that collapsed years ago. The scams mostly Indian victims continue to seek justice against the scheme operator, Tarun Trikha. To that end Trikha has been arrested again by the police in Delhi. I say again because Trikha (right) was arrested back in […]
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8 OneCoin Ponzi scammers arrested in Cordoba, Argentina
Authorities in Cordoba, a city in central Argentina, have arrested eight promoters of the OneCoin Ponzi scheme. Among those arrested is Edgar Moreno, a well-known local radio and television presenter. Moreno (right)and seven accomplices were arrested on Thursday, on the order of Complex Crimes Prosecutor Enrique Gavier. The full names […]
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ArbiStar’s Santi Fuentes arrested in Spain
Serial Ponzi scammer Santiago Fuentes has been arrested in Spain. Spanish authorities have charged Fuentes with “belonging to a criminal organization” and money laundering. BehindMLM first came across Santiago, more commonly known as Santi Fuentes, through Global Unity in 2014. ArbiStar was a run-of-the-mill crypto “trading bot” Ponzi scheme. By […]
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Renato Rodriguez & Gutemberg Dos Santos indicted, arrested
Earlier today I published an article covering a civil fraud case filed by the SEC. The case was filed against two AirBit Club promoters. That was good to hear but it left me wondering why the the SEC hadn’t pursued the Ponzi scheme’s creators, Renato Rodriguez and Gutemberg Dos Santos. […]
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Plus Token scammers arrested in China
A year on from its collapse, Chinese authorities have arrested 109 scammers tied to the Plus Token Ponzi scheme. Plus Token was one of the early mobile wallet crypto Ponzi schemes. Launched in late 2018, Plus Token collapsed in mid 2019. At the time Chinese authorities estimated Plus Token caused […]