Tag: pyramid scheme

Mid-Valley Scam Alert: Pyramid schemes

Published January 10, 2023 By admin with Comments 1

Categorized as Uncategorized Tagged mullti level marketing, pyramid scheme, scams

A new year is upon us, but I thought it would be fun to discuss a scam as old as time for the first 2023 edition of the Mid-Valley Scam Alert. The pyramid scheme — the OG scam if you will —…[Continue Reading...]

Infinity 2 Global, or I2G, purportedly a multi-level marketing company, which the United States proved at trial was operating as a pyramid scheme.

Published January 4, 2023 By admin with Comments 1

Categorized as Uncategorized Tagged criminal convictions, Dennis Dvorin, Doyce Barnes, Faraday Hosseinipour, Infinity 2 Global, Jason Syn, multi-level marketing, pyramid scheme, Richard Anzalone, Richard Maike

On November 13, 2019, a federal grand jury in returned a thirteen-count superseding indictment charging Richard Maike, Doyce Barnes, Richard Anzalone, Faraday Hosseinipour, Dennis Dvorin, and Jason Syn in connection with an alleged pyramid scheme. Maike was also charged with…[Continue Reading...]

SEC Charges Four Individuals in Crypto Pyramid Scheme that Targeted Spanish-Speaking Communities

Published December 15, 2022 By admin with Comments 1

Categorized as Uncategorized Tagged criminal charges, crypto currency, Forcount Trader Systems, Inc., pyramid scheme

The Securities and Exchange Commission today charged Francisley Valdevino Da Silva, Juan Antonio Tacuri Fajardo, Ramon Antonio Perez Arias, and Jose Ramiro Coronado Reyes for their roles in creating and promoting Forcount Trader Systems, Inc., a fraudulent crypto asset pyramid…[Continue Reading...]