Payza Founders Indicted for $250 Million Money Laundering Scam

By | 2018-05-23T15:47:17+00:00 March 21st, 2018|Categories: MLM Lawsuits, Multi-Level Marketing, Payza, SEC|

It was revealed today that Payza founders Firoz Patel and Ferhan Patel were indicted on felony conspiracy and money laundering charges earlier this month. The grand jury accuses the Patel brothers of operating a "money transmitting business that operated without the necessary state licenses and knowingly transmitted funds that were derived from illegal activity". This illegal [...]