Bonofa Scam News Update: Owners arrested for violations of the German Banking Act


May 25, 2016 Facebook Twitter LinkedIn Google+ MLM & Affiliate Marketing News



Bonofa Scam News Update: Owners arrested for violations of the German Banking Act

Bonofa owners arrested in Germany

Posted: 24 May 2016 07:00 PM PDT

Following “months of investigation”, on May 19th 126 search warrants were issued on locations across the German states Saarland and Saxony. Additionally arrest warrants for violations of the German Banking Act were issued for four individuals in particular, believed to be the owners of Bonofa. Following a massive operation involving 1200 agents, Detlef Tilgenkamp (63) from Saarbrücken, [Continue reading…] Source: Bonofa owners arrested in Germany

This news restores my faith in the regulatory process.

Bonofa was an obvious ponzi scheme, yet it took 1200 agents over 2.5 years to put together their case and take action.

I wonder if they go after the Top Promoters and seek criminal charges and/or begin clawback to recover the investors’ money?

I guess the “we were just earning commissions for selling a product” (social media platform and services) excuse didn’t work for those charged.

Read the full article and join in the discussion over at BehindMLM.

Best Places Advertise Free Top Surfer

Click Here For Prospects Pay YOU $10 So You Can Advertise To Them

Live Internet Affiliate Marketing, MLM, Social Networking Training…

Using Blab & Twitter Periscope

Join Harvey The Silver Fox & Marty Bostick for Live Internet Affiliate Marketing Social Networking Training. They will be training for Joint Ventures, Business Building Tips, Affiliate Income Tips, Mobile Marketing, SEO Optimization, Video Marketing, Email Marketing, Directory Listing Optimization, Google Listing Optimization, Google Adwords Management, Website Traffic, Lead Capture Pages, AutoResponders, Email Marketing, Proper Web Design, Working With WordPress, Marketing Automation, Blogging, 1st Page Google Ranking, CoOp Marketing, Lead Generation, Telemarketing, Voice Broadcasting, List Building, Link Tracking, Tracking Phone Numbers, Rotators, Google PLUS, How To Use Twitter Periscope To Build Your Biz, How To Use BLAB To Build Your Biz, and more…

Catch Marty on Periscope using the button below…

Best Places Advertise Free Periscope Click Here

Comments

The owner of this website is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon properties including, but not limited to, amazon.com, endless.com, myhabit.com, smallparts.com, or amazonwireless.com.
Home Privacy Policy Terms Of Use Contact Us Affiliate Disclosure DMCA Earnings Disclaimer