Affiliate Marketing Bollywood Business Chit Funds Scam Cricket Education Entertainment Health Job Marketing Materials for sale MLM Others Political Scam Sport Technology
MLM Diary is a leading mlm news portal for all types of Latest MLM & Network Marketing News. Here you can find day today’s MLM & Network Marketing news from India and around the globe.

Chit Fund Scam: BJD MLA Pravat Tripathy Arrested by CBI, Suspended from Party

01 November 14

BHUBANESWAR: In a major embarrassment to the scam-tainted Naveen Patnaik Government, Biju Janata Dal (BJD)’s Banki MLA Pravat Tripathy was arrested by the Central Bureau of Investigation (CBI) for his alleged links with Artha Tatwa (AT) Group in the multi-hundred crore chit fund scam. Tripathy, who became the first ruling party leader to be formally charged and held in the Ponzi scam, has immediately been suspended from the party. ... Read More

Judge Awards $36.8M To Investors In Ponzi Scheme

01 November 14

Oct. 30--A Marin County judge awarded $36.8 million in restitution Thursday to 34 families defrauded by a defunct Santa Rosa financial services firm whose founder is serving a 10-year prison sentence. The ruling represents a remarkable victory for investors in AGA Financial, who for years had been told there was little hope they would recoup any of their millions in losses. AGA Financial, which collapsed in 2008, was not the t ... Read More

Alleged Ponzi Scheme steals more than $50M

01 November 14

SPRINGBORO, Ohio (WKRC) -- An FBI investigation into an alleged Ponzi Scheme was based in Springboro.   The people at the center allegedly used the money to buy racehorses. Agents Wednesday, Oct. 29, raided the Springboro home of William and Connie Apostelos.   What started the feds looking were several bankruptcy filings involving th ... Read More

Former UConn basketball star wants new trial on Ponzi scheme charges

01 November 14

TRENTON, N.J. >> A former NBA player convicted in a real estate Ponzi scheme is due in court to argue for a new trial. Tate George has accused the government of prosecutorial misconduct. He’s scheduled to appear in court in Trenton on Friday. George was convicted last fall on four mail fraud counts. He has been jailed since his conviction and was denied bail earlier this week. George starred for th ... Read More

Man implicated in Ponzi scheme resigns from Methuen boards

01 November 14

METHUEN — One of three local men implicated in an alleged global Ponzi scheme that snared hundreds of investors in Massachusetts is resigning from two city boards on which he has served for more than a decade. James Piemonte was a longtime member of the Registrar of Voters and the Licensing Board, positions he has held since 2001 and 2002, respectively. He is listed as the Republican member of the two boards, which require a representati ... Read More

Subscribe to our newsletter of mlm news and stay updated with latest happenings in mlm industry. Here you will find news related to pre-launching mlm companies in India and abroad, latest mlm plans, coming soon mlm companies, government regulation against mlm industry, mlm scam, top performing mlm & network marketing companies, interviews of successful mlm leaders, mlm reviews and lot more…