The Commission de Surveillance du Marche Financier de L’Afrique Centrale, better known as COSUMAF, has issued a securities fraud warning against Liyeplimal. BehindMLM reviewed Liyeplimal back in July 2020. Analysis revealed Liyeplimal was part of Simb Parfait’s Global Investment Trading Ponzi factory. COSUMAF’s warning is directed to residents of Cameroon, […]
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Watford Corp collapses, “fake SEC warning” exit-scam?
The Watford Corp Ponzi scheme has collapsed. As part of their exit-scam, Watford Corp’s anonymous admins have put up what appears to be a fake SEC website closure notice. Sometime over the past few days Watford Corp’s website was pulled offline. In it’s place the following message has been put […]
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Paraiba World securities fraud warning issued by Austria
Paraiba World has received a securities fraud warning from Austria’s Financial Market Authority. The FMA’s warning pertains to Pariaba World, cited as a Hong Kong shell incorporation. The FMA warns Paraiba World is “not entitled to carry out banking transactions in Austria that require a licence.” This is the equivalent […]
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Tycoon69 securities fraud warning issued by Austria
Tycoon69 has received a securities fraud warning from Austria. Last we checked in Tycoon69 was under investigation by FINMA in Switzerland. This prompted Tycoon69 to bankrupt their Swiss shell company. As per the Financial Market Authority’s September 8th warning, Tycoon69 appears to have relocated to the UAE. The Ponzi scheme […]
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Mining City securities fraud warning issued in Philippines
Mining City has received a securities fraud warning from the Philippines SEC. The Philippines SEC has identified Mining City as a “security in the form of (an) investment contract”. According to the regulator, Mining City is NOT REGISTERED with the Commission and OPERATES WITHOUT THE NECESSARY LICENSE AND/OR AUTHORITY to […]
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Mirror Trading International sec fraud warning from Sth Africa
South Africa has issued a securities fraud warning against Mirror Trading International. The Financial Sector Conduct Authority claims ‘returns on the investments claimed by MTI seem far-fetched and unrealistic.’ When the FSCA began investigating Mirror Trading International is unclear. As per an August press-release however, they’ve apparently been in touch […]
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Omega Pro securities fraud warning issued in Spain
The Comision Nacional del Mercadeo de Valores (CMNV) has issued a securities fraud warning against Omega Pro. According to the CMNV, Spain’s top financial regulator, Omega Pro is not authorised to provide investment services detailed in … the Securities Markets Law. This is the equivalent of a US securities fraud […]