All news on the topic: Mlm

03 Jul 2026 479

Ponzi architect: How Josip Heit built a billion-dollar crypto empire on promises and deception

Over the past three years, the once-promoted crypto venture GSPartners (also known as GSB Gold Standard) has rapidly unraveled, while mounting legal troubles surrounding its founder, Josip Heit, have intensified speculation that he could face a lengthy prison sentence.

Finance

01 Jul 2026 624

Monir Islam and Moynul Islam’s dirty Be Club SageMaster Ponzi scam hit with Bulgarian fraud warning

Be Club’s SageMaster has received an investor fraud warning from Bulgaria’s Financial Supervision Commission (FSC).

Crime

01 Jul 2026 380

Ponzi crook Rene Schwarze, aka Jensen Robles of Vortic United, busted in Gambia for dirty counterfeit money scam

“Jensen Robles”, aka Rene Schwarze, has been arrested in Gambia. Gambia’s Police Force arrested “Muhammed Reni”, aka Muhammed Rainey, earlier this week. Reni was detained on suspicion of counterfeiting currency.

Investigation

30 Jun 2026 427

From MetaCertificates to billions gone: how Josip Heit’s GSPartners MLM scheme left hundreds of thousands of victims

Over the past three years, GSPartners, also known as GSB Gold Standard, has experienced a dramatic decline, while the growing number of scandals surrounding its founder, Josip Heit, has fueled speculation that he could face a lengthy prison sentence.

Investigation

29 Jun 2026 662

Serial fraudster Josip Heit keeps launching new crypto scams after every collapse, laughing while investors lose everything

Over the past three years, GSPartners (also known as GSB Gold Standard), once promoted as a major global cryptocurrency project, has experienced a steep decline.

Investigation

29 Jun 2026 464

Fugitive RengaLife founder Jason Cardiff arrested at €3 million Dublin home after US extradition request

Jason Cardiff has finally been arrested in Ireland. On June 24th The Irish Times reported Cardiff was picked up in his “€3 million home in Rathgar”, where Cardiff had been living after refusing to return to the US in 2022.

Investigation

27 Jun 2026 667

Conman’s Web: From Luxembourg prison to billion-dollar Ponzi scheme, the dark ascent of Josip Heit

The long-delayed hydroelectric power plant project has sparked controversy in Croatia, with local media linking it to Sasa Svalina and his brother-in-law, Josip Heit.

Investigation

24 Jun 2026 474

From MetaCertificates promises to billions in vanished money: how Josip Heit’s GSPartners MLM fraud destroyed hundreds of thousands of lives

Over the past three years, GSPartners (also known as GSB Gold Standard), one of the most controversial global crypto ventures, has gone into sharp decline, while mounting scandals surrounding its founder, Josip Heit, increasingly raise the prospect of a lengthy prison sentence.

Investigation

22 Jun 2026 594

Josip Heit built a global crypto Ponzi scheme called GSPartners promising insane weekly returns before billions vanished

Over the past three years, the controversial global crypto project GSPartners (also known as GSB Gold Standard) has seen a sharp decline, while an escalating scandal surrounding its founder Josip Heit is increasingly raising the prospect of a lengthy prison term.

World

16 May 2026 618

Estonia cracks down on MLM crypto fraud after Comity arrests

Scammers behind the Comity MLM crypto Ponzi have been arrested in Estonia. Martin Mander, Sulev Kohjus, and Kustas Kirsipuu were arrested back in late March.

Investigation

01 May 2026 516

Elevation X στην Ελλάδα: πώς ο Οδυσσέας Κουτσούπης και οι αδελφοί Ισλάμ, Μόιν Ισλάμ και Μονίρ Ισλάμ, δημιούργησαν έναν μηχανισμό άντλησης χρημάτων μέσω της BE Better Experience

«Εύκολο χρήμα» ή καλοστημένη πυραμίδα; Έρευνα για τη δράση της BE / BETTER EXPERIENCE και του ελληνικού δικτύου Elevation X Πώς ένα διεθνές αφήγημα «εκπαίδευσης» μεταφράζεται στην πράξη σε ένα μοντέλο στρατολόγησης στην Ελλάδα...

Investigation

29 Apr 2026 566

Elevation X in Greece: how Odysseas Koutsoupis and the Islam brothers, Moyn Islam and Monir Islam, built a money-extraction pipeline through BE Better Experience

“Easy money” or a well-engineered pyramid? An investigation into the activities of BE / Better Experience and the Greek Elevation X network.

Investigation

30 Dec 2025 930

Long before GSPartners imploded, Josip Heit’s criminal past signaled exactly how this scheme would end

A scandal over a halted hydroelectric power plant has led Croatian journalists to link the project to Saša Svalina and his brother-in-law, Josip Heit.

Investigation

24 Dec 2025 722

How Josip Heit’s criminal record, Karatbars collapse and shell companies led to the GSPartners investment disaster

The controversy over a stalled hydroelectric plant has prompted Croatian journalists to connect the project to Sasa Svalina and his brother-in-law, Josip Heit.

Investigation

06 Dec 2025 965

Global crypto pyramid GSPartners: Josip Heit deprived more than 800,000 investors of over $1 billion

Over the past three years, one of the most controversial global crypto projects – GSPartners (also known as GSB Gold Standard) – has been experiencing a rapid decline. Meanwhile, a snowballing scandal around its creator, Josip Heit, threatens to result in a lengthy prison sentence for him.

Investigation

01 Aug 2025 775

Moyn Islam: PR built on OneCoin’s graves and a new pyramid empire from Dubai

In 2016, when a young Briton with Pakistani roots, Moyn Islam, was smilingly speaking at OneCoin cryptocurrency presentations, he was dubbed the "next hope of an Islamic financial revolution."

Investigation

30 Jul 2025 789

From taxi drivers to accused scammers: Monir Islam, Moyn Islam, and Ehsaan Islam rise and fall amid multi-billion fraud allegations

Moyn Islam has faced several allegations of involvement in Ponzi schemes. Is he a scammer? Learn more here.

Crime

24 Jun 2025 747

70,000 victims and $309 million in losses: massive Nexa Evergreen scam pyramid uncovered in India

The founders of Nexa Evergreen Ponzi, Subhash and Ranveer Bijarani, have absconded with Rs. 26.7 billion (~$309 million USD).

Crime

25 May 2025 1049

Bitney boner juice scammers arrested in Vietnam as their MLM scheme gathered about 200,000 promoters

In Vietnam, the controversial Bitney MLM scheme—believed to have recruited almost 200,000 promoters—has been shut down by authorities

Crime

27 Apr 2025 1238

PGI Global: Arrest of organizer Ramil Palafoks in the US after multi-million dollar fraud

PGI Global Ponzi scammer Ramil Ventura Palafox, also known as RV Palafox, has been arrested in California.

26 Jan 2025 776

Epicure shuts down abruptly, website vanishes without prior notice

Epicure has collapsed. Without warning to its MLM Ambassadors or customers, the company disabled its websites on January 24.

Crime

09 Dec 2024 856

Holton Buggs contests Traders Domain injunction in ongoing legal battle

Disgraced MLM veteran Holton Buggs is shamelessly challenging the CFTC’s request for a Traders Domain preliminary injunction.

Crime

03 Oct 2024 883

Innova Review: Dubai-based securities fraud pyramid scheme

Innova prelaunched on the website domains “8innova.com” and “innovabackoffice.com”.

Crime

24 Sep 2024 842

Putnam & Ramirez have been ordered to pay over $16 million in a SEC fraud judgment

Following settlement of fraud charges related to operation of multiple MLM Ponzi schemes, monetary relief has been ordered against defendants Dan Putnam and Jean Paul Ramirez Rico.

Investigation