Cryptocurrency startup Gemcoin busted for alleged $32m Ponzi scheme
The US Securities and Exchange Commission (SEC) announced on Thursday that it’s broken up an alleged $32 million Ponzi scheme that promised to mine amber and pay out profits in…
SEC
SEC Investigation into Avon
Three Years Of Investigations Probes Reporter continued that it has been following both disclosed and undisclosed SEC investigations against Avon since October 2012. In letters dated December 17, 2014, and…
The Safest Place to do your MLM is out of this world
The safest place to do business for now may be in outer space? NASA gives thumbs up to use of colloidal silver as antibiotic in space; FDA has no jurisdiction…
‘No smoke and mirrors’: Multi-level marketing company looks for unusual fresh start in Seattle region
The company formerly known as DubLi, Inc. has a new name, a new executive team and an entirely new board of directors. And now it’s opening a new headquarters in…
SEC Advisory: Stop investing in “Forward Direct Selling”
The Securities and Exchange Commission (SEC) advised the public to stop investing in Forward Direct Selling Corp., which allegedly engages in pyramiding operation. The company is operated by the same…