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
The fight against money laundering is high on the international community’s agenda. In a groundbreaking initiative, seven major banks, including Barclays, Lloyds, and NatWest, are sharing customer data with the UK’s National Crime Agency (NCA) to combat organized crime, fraud, and money laundering. This project is the largest of its kind globally and aims to curb the flow of illicit funds through Britain, Reuters reports.
Compensation plans are crucial in business, but understanding them can be daunting for a newcomer. Start by answering fundamental questions: How to choose the right strategy? What’s the ideal process for building your business? Which factors should be bypassed? How to achieve self-growing products? The key is to be mindful.
A recent report by TRM Labs reveals that Russian-speaking ransomware groups were responsible for the majority of crypto-ransomware attacks in 2023, highlighting the extensive use of cryptocurrency for illicit activities in Russia. According to the report, Russian-speaking ransomware groups accounted for at least 69% of all crypto proceeds from ransomware in 2023, totaling over $500 million.
TelexFree executive Steven Labriola has settled with the TelexFree class-action. As per the terms of Labriola’s settlement, no money will change hands but Labriola has committed to full cooperation. Labriola’s settlement excluding a monetary component is based on Labriola unequivocally represent[ing] that, other than fees for services performed from 2012 through 2014, he directly and [Continue reading…]
Source: Steven Labriola settles with TelexFree class-action
In a surprising leadership change, Swiss private bank Julius Bär has announced the appointment of Stefan Bollinger, a partner at Goldman Sachs, as its new CEO. Bollinger will take over the traditional Zurich-based private bank no later than February 1, 2025, following a challenging period marked by substantial financial losses and executive departures. According to Google Trends, the name Stefan Bollinger was one of the most frequently searched terms on Tuesday.
Monthly training and service fees are acceptable unless used to inflate a company’s compensation plan. When fees are integrated into commissions without a real market, it resembles a pyramid scheme. Regulators are cautious about such practices.
A federal grand jury in the U.S. has indicted Andrew Left, a prominent activist short seller, on multiple counts of securities fraud for allegedly orchestrating a long-running market manipulation scheme that netted at least $16 million in profits. Left, 54, is a well-known U.S. securities analyst and trader. Left frequently appeared as a commentator on major cable news channels such as CNBC, Fox Business, and Bloomberg Television. The SEC also filed charges against Left.
Naudapay Limited, operating under the brand name Noda.live, is a UK-based payment institution regulated by the Financial Conduct Authority (FCA). Noda.live provides open banking services, facilitating secure and efficient payment processing for various sectors, including online gaming. However, recent investigations have raised concerns regarding its potential involvement in illegal online casino activities, particularly through the domain https://bankstransfer.com.
Marilyn J. Mosby, 44, from Baltimore, Maryland, was sentenced today to twelve months of home confinement as part of her thirty-six months of supervised release for submitting a fraudulent mortgage application and two counts of perjury. During the initial twelve months of her supervised release, Mosby will be required to remain under home confinement with electronic monitoring and the forfeiture of 90% of the property acquired with the fraudulently procured mortgage, including any increase in value.
US Judge Jesus Bernal has given Jason Cardiff permission to flee travel to Ireland. Judge Bernal’s July 25th order is brief, stating only that “good cause” had been shown by Cardiff in his request for permission to leave the US. Judge Bernal’s decision overruled concerns raised by the DOJ, asserting Cardiff (right) was a flight [Continue reading…]
Source: Jason Cardiff given permission to travel to Ireland
The U.S. Securities and Exchange Commission (SEC) has announced a significant award of more than $37 million to a whistleblower whose efforts were instrumental in a successful enforcement action. The whistleblower initially reported the misconduct internally, prompting their employer to launch an investigation and eventually self-report the findings to the SEC. This self-reporting led the SEC to open its own investigation.
To maximize business potential on Facebook, finding the right balance between personal and professional profiles is crucial. While some opt for separate profiles or pages, it’s not ideal for building meaningful relationships.
Zet Casino is one of the former brands of the bankrupt operator Rabidi N.V. It’s currently operated by Liernin Enterprises Ltd, registered in the Marshall Islands, and the payment agent Mirata Services Ltd, registered in Cyprus. Zet Casino has an offshore license in the Philippines, which is not accepted in the EEA regions. Nevertheless, players from the EEA regions and the UK are accepted without any problems and can make deposits. Here is our review.
Asia Charm Ltd: PDVSA’s Connection to Iranian Terrorism
The Houthis have garnered attention in the news recently for their spectacular hijacking of Galaxy Leader cargo vessel in the Red Sea. A notable financier of Houthi rebels is Sa’id al-Jamal, is identified by the U.S. Treasury as an “Iran-based supporter of the Houthis, who oversees a network of front companies and vessels that smuggle Iranian fuel, petroleum products, and other goods across the Middle East, Africa, and Asia.
Nicolas Maduro shows U.S. (again) free and fair elections will never happen in Venezuela
Anonymous
Wed, 01/31/2024 – 08:09
Selling is essential in direct selling and network marketing. To succeed, embrace the selling aspect. Selling attracts customers and helps recruits bond with the company. Share, educate, learn, and lead using the SELL formula to create a supportive selling environment. Reward, train, and make selling accessible.
A few days ago, we published a complaint from a customer of the illegally operating Rolletto online casino. This customer has stated that Rolletto is operating in the UK without regulatory permission and has collected unauthorized payments from their bank accounts at Monzo, HSBC and Barclays via the payment facilitator PayOp. We took a look at Rolletto and the OnyxioN network behind it. Here is our review but we’d like to know more.