German Antonio Lopez-Velasquez, 55, Modesto, California, pleaded guilty today to conspiring to commit bank fraud.

According to court documents, German Antonio Lopez-Velasquez, a real estate agent, worked with Lisa Santos, 48, Long Beach, California, a mortgage loan officer, and Marko Antonio Lopez, 27, Modesto, California, a real estate agent and notary public, to obtain fraudulent mortgage loans for properties based in Stanislaus, San Joaquin, and Santa Clara Counties in California, and elsewhere…

TelexFree attorney Gerry Nehra has settled with the TelexFree class-action. Nehra, through the now defunct firm Nehra and Waak, is best known in the MLM industry for rubber-stamping TelexFree’s $3 billion Ponzi scheme. Nehra’s class-action settlement cites him as TelexFree’s “US outside legal counsel”. WHEREAS, Nehra communicated and facilitated communication between TelexFree and other Defendants, [Continue reading…]
Source: Gerry Nehra settles with TelexFree class-action

AI Make USDT fails to provide ownership or executive information on its website. AI Make USDT’s website domain (“aimakeusdt.net”), was registered with bogus details on July 11th, 2024. Of note is AI Make USDT’s website domain being registered through the Chinese registrar Alibaba (Singapore). AI Make USDT has already attracted the attention of financial regulators. [Continue reading…]
Source: AI Make USDT Review: Quantitative trading “click a button” Ponzi

Since the commencement of the conflict in Ukraine in February 2022, Russian financial service providers have faced significant hurdles due to stringent Western sanctions. In contrast, CPS Group, operating through its cryptocurrency payment platform CryptoPay, has demonstrated resilience and adaptability in navigating these obstacles. The cyber rating agency PayRate42 has recognised this success by awarding CPS Group a commendable rating, reflecting its strong position in a challenging environment.

Fundwise fails to provide ownership or executive information on its website. Fundwise’s website domain (“fundwise.com”), was first registered in 2004. The private registration was last updated on January 10th, 2024. From BehindMLM’s recent Smart Desktop AI review however, we know Fundwise is run by Corey Price. According to his LinkedIn profile, Price is based out [Continue reading…]
Source: Fundwise Review: Smart Desktop AI pyramid with addons

Jack Dorsey’s payment conglomerate, Block, has announced its earnings results for the second quarter of 2024, revealing a notable 9% increase in Bitcoin revenue year over year. In its recent shareholder letter, Block reported Bitcoin revenue of $2.61 billion for Q2 2024, contributing to a total net revenue of $6.16 billion for the quarter. This represents an 11% growth compared to the same period in 2023.

Alex Dee has pled guilty to one count of conspiracy to commit wire fraud. Dee’s guilty plea was entered on July 30th. Sentencing, including restitution is to be scheduled at a later date. Earlier this year, Dee was one of three scammers arrested in connection to 8 Figures Dream Lifestyle. Dee’s co-conspirators Brian Kaplan and [Continue reading…]
Source: Alex Dee pleads guilty to 8 Figure Dream Lifestyle fraud

SKGTP AI fails to provide ownership or executive information on its website. SKGTP AI’s website domain (“skgtp-ai.com”), was registered with bogus details on July 27th, 2024. Of note is SKGTP AI’s website domain being registered through the Chinese registrar Alibaba (Singapore). In an attempt to appear legitimate, SKGTP AI offers up this nonsensical certificate: Putting [Continue reading…]
Source: SKGTP AI Review: Quantitative Trading “click a button” Ponzi

TrendBow fails to provide ownership or executive information on its website. TrendBow’s website domain (“trendbow.com”), was privately registered on July 5th, 2023. As of June 2024, SimilarWeb tracked top sources of traffic to TrendBow’s website as the Dominican Republic (23%), Russia (22%), Germany (20%) and Ukraine (6%). While not definitive, whoever is running TrendBow probably [Continue reading…]
Source: TrendBow Review: AI tools grift pyramid scheme