I haven’t really been paying attention to the TelexFree class-action case. Mostly due to figuring it wasn’t going to go anywhere competing against the SEC’s own civil case. Turns out maybe I should have been following along. On July 7th class plaintiffs entered into a $22.5 million dollar settlement with […]
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Synovus Bank to retain $2 million of MOBE victim’s funds
A proposed settlement between Synovus Bank and the MOBE Receivership was filed on September 17th. If approved, the settlement will effectively end Synovus’ campaign to retain $6.3 million in MOBE victim’s funds. The funds in question where fraudulently obtained through MOBE, a $318 million dollar pyramid scheme. MOBE processed victim […]
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Fake bank daily ROI crypto trading Ponzi
Paraiba provides no information on its website about who owns or runs the company. Paraiba’s website domain (“paraiba.world”) was privately registered on September 16th, 2019. In an attempt to appear legitimate, Paraiba provides an incomplete corporate address int eh Comoro Islands. The Comoro Islands are a series of small islands […]