Tag: OnPassive

U.S. Trial Against MLM Scheme OnPassive Set For June 2025!

Court Cases Mark Lagarde -
In August 2023, the U.S. Securities and Exchange Commission (SEC) announced charges against Ashraf Mufareh and his company, OnPassive LLC, for orchestrating a fraudulent and unregistered offering. OnPassive claimed to be in the process of developing a range of computer applications powered by artificial intelligence and reportedly lured investors into an MLM scheme. These investors were promised passive income derived from subscription fees paid by subsequent investors.