Tag: Emgoldex Team USA Inc.
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URGENT >> BULLETIN >> MOVING: Massachusetts Charges 4 Alleged Promoters Of EmGoldEx Scheme, Saying ‘Program’ Was Fraud And That Hucksters Stacked Children In Downlines
URGENT >> BULLETIN >> MOVING: (14th Update 4:33 p.m. EDT U.S.A.) Massachusetts has charged promoters of the EmGoldEx MLM “program” with securities fraud and selling unregistered securities, alleging they “created a complex web entangling investors throughout the Commonwealth” in a “pyramid scheme” that offered “guaranteed returns of up to 1,105% for recruiting more individuals.” The…
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BOSTON GLOBE: Massachusetts Now Investigating EmGoldEx
If TelexFree, WCM777 and Wings Network were not enough, the office of Massachusetts Commonwealth Secretary William Galvin now is investigating the “EmGoldEx” program. The Boston Globe broke the story this morning. Galvin leads the Massachusetts Securities Division. From the Globe (italics added): Secretary of State William F. Galvin’s office is investigating the Andover operation of…