SCAMBUSTERS BLOG
Clynton Marks fails in bid to have MTI liquidators removed
Moneyweb 18th March 2024 by Ciaran RyanMarks has a claim of R135m against the collapsed bitcoin scheme of which he claims to be a 50% shareholder.One of the driving forces behind Mirror Trading International (MTI), Clynton Marks, has failed in his attempt to remove...
Mirror Trading International Masterminds could face jail time
MyBroadband 10th January 2024 Jan Vermeulen . Masterminds of South Africa’s biggest pyramid scheme in history could lose millions, face jailtimeThe promoters and directors of Mirror Trading International could face criminal prosecution and significant civil...
GSPartners
Please click here to read the full article as published on the Dishonest Wiki GSPartners operates within the cryptocurrency niche and emerged as a spinoff from Karatbars International, spearheaded by Josip Heit. The company notably lacks comprehensive executive...
GS Partners not licensed to solicit investments in SA – FSCA
Moneyweb 28th November 2023 by Claran RyanGS Partners not licensed to solicit investments in SA – FSCA This follows adverse warnings against the company and its affiliates in several US states and Canada. The Financial Sector Conduct Authority (FSCA) has warned the...
GS Partners Scam warning: Local and international regulators issue warnings
Daily Maverick By Neesa Moodley 28th November 2023 Potential investors are warned against any dealings with GS or Gold Standard Partners, a company that purports to be a blockchain company allowing clients to buy ‘unique certificates’ that will earn them...
MTI Boss Johan Steynberg Guilty
Boss of South Africa’s biggest pyramid scheme in history found guilty in Brazil — fined R595,000Mirror Trading International (MTI) CEO Johann Steynberg has been found guilty in Brazil of using a forged identity document, with the judge handing down an aggravated...
MTI’s top net-winners summoned to pay back ~$242 million
Behind MLM 24th May 2023 Liquidators in South Africa have issued a summons against eighteen of Mirror Trading International’s top net-winners. Together, the scammers are being held liable for R4.66 billion (~$244 million USD). As reported by My Broadband’s Jan...
Planet Mining Pool Crashes
Hundreds left reeling after crypto scam crashes IOL Published May 20, 2023Cape Town - A CRYPTOCURRENCY scam has plunged scores of “investors” across the country into deep financial trouble after it abruptly closed down. Cryptocurrency is a digital payment system that...
Mirror Trading International Ponzi Declaration
My Broadband 27th April 2023 by Jan Vermeulen Acting high court judge Alma de Wet has finally declared Mirror Trading International (MTI) an unlawful scheme. “MTI’s business clearly amounted to an unlawful Ponzi scheme, i.e. a fraudulent investing scam promising high...
It’s time to state the obvious: Crypto + MLM = Legally Impossible.
Published by Kevin Thompson of Thompson Burton PLLC on the 20th March 2023 Kevin Thompson is an MLM attorney, proud husband, father of four, and a founding member of Thompson Burton PLLC. Named as one of the top 25 most influential people in direct sales, Kevin...
ScamBusters YouTube Channel
Blow the Whistle (Click on Image below)
