A 39 year old man has been apprehended by Portugal’s Judiciary Police. Gonçalo Silva, author of the website Fraud Portugal, hypothesizes the suspect is Evo Binary’s Ramon Alcantara. The suspect was arrested as part of “Operation Jamon”. He is accused of running a Ponzi scheme that pitched a 27% ROI. […]
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Indusviva pyramid scheme executives arrested in India
Cyberabad police in India have arrested twenty-four people in connection to Indusviva, an Indian MLM company. Two of those arrested are Indusviva CEOs, who were apprehended whilst staying ‘at a hotel at Madhapur’. BehindMLM isn’t familiar with Indusviva but based on its still operational website, the company marketed a range […]
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Kristijan Krstic Ponzi accomplice arrested in California
Haojia Miao, aka Haljia Miao and Stan Miao, is part of Kristijan Krstic’s Ponzi empire. Miao, a Californian resident, was arrested by the FBI October 7th. Although he was arrested prior to John DeMarr, Miao (right) is the second of Krstic’s accomplices known to be arrested in the US. As […]
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Bitcoiin’s John DeMarr arrested on securities fraud charge
Bitcoiin insider and top promoter John DeMarr has been arrested ‘for his alleged participation in a coordinated cryptocurrency and securities fraud scheme’. DeMarr’s indictment details one charge of conspiracy to commit securities fraud. The DOJ’s complaint against DeMarr groups Bitcoiin and Start Options together as one fraudulent scheme. Bitcoiin had […]
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TVI Express owner Tarun Trikha arrested in India again
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 […]