Pruvit sues Michael Rutherford & Keisha O’Neal

Pruvit has filed a lawsuit against Michael Rutherford and Keisha O’Neal. In their lawsuit, Pruvit accuses Rutherford and O’Neal of soliciting Pruvit distributors for an undisclosed “separate business venture”. Pruvit asserts that as a result of their activity, Rutherford and O’Neal have breached the terms of settlement agreements reached last year. Rutherford and O’Neal’s Pruvit […]

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Verse Network securities fraud warning from France

Verse Network has received a securities fraud warning from France. As per the Autorite des Marches Financiers’ April 4th warning, Verse Network is “offering investments in … crypto-assets, without being authorized to do so”. Verse Network was an MLM crypto Ponzi. The scam was launched last year by serial Ponzi promoters Joseph Paillant and Brice

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Greek Mythology Club scammers pivot to commodities fraud

The scammers behind the collapsed Greek Mythology Club NFT Ponzi have pivoted to commodities fraud. In early February, Brendon Parker (aka Crypto Bren) announced the GMC Elev8ed Forex Trading System. Fellow Greek Mythology Club co-founder Zak Anstis has GMC Elev8ed daily returns marketing on his social feeds: Greek Mythology Club affiliates invest $100 or more

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Task-based MLM crypto “staking” Ponzi

GetFit Mining fails to provide ownership or executive information on its website. GetFit Mining’s website domain (“getfitmining.com”), was registered in March 2022. The private registration was last updated on March 26th, 2023. A YouTube video embedded on GetFit Mining’s website leads to a YouTube channel titled “GetFit Activity Mining”. There we find GetFit Mining marketing

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GSPartners victims sought as Texas issues executive bans

Several respondents in the Texas State Securities Board’s previously issued GSPartners emergency cease and desist order have lost their right to appeal. These include GSPartners executives Dirc Zahlmann, Bruce Hughes and Aline Lima, as well as the failed Swiss Valorem Bank rebrand. On April 12th Joe Rotunda, the Texas State Securities Board’s Enforcement Director, confirmed

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Reddit, Yelp & other platforms file amicus brief in GSB NYSC appeal

Reddit, Yelp, GlassDoor, Indeed, TripAdvisor and the PubPeer Foundation have collectively filed an amicus brief in BehindMLM’s GSB Gold Standard Corporation appeal. In their capacity as a “group of online speech platforms with millions of daily users”, brief movants (amici) above seek to address an “important question”; What standard New York courts should use to

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