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Liyeplimal and related con artists are the targets of a securities fraud case brought by several plaintiffs in the US.

The parties list fills three pages because of its length. Plaintiffs also succeeded in stealing BehindMLM without being reported.

Liyeplimal was a straightforward MLM crypto Ponzi scheme that used limo and XAF to function.

Emile Parfait Simba was the mastermind behind the con and ran it.

Global Investment Trading, the Simba predecessor Ponzi to Liyeplimal, failed before Liyeplimal’s 2018 start.

Simb was detained in Cameroon in February, following Liyeplimal’s second fall.

He was immediately let go after that and left the country in early June.

Simb is reported to have gone using a diplomatic passport granted by the neighboring Central African Republic, and Cameroonian authorities are accused of helping him.

This takes us to the Plaintiffs’ Liyeplimal Securities Fraud Complaint, which was submitted on June 23rd to the District of New Jersey.

The lawsuit’s named plaintiffs include:

David Kabore (Virginia, US)

François Bouda (New York, US)

Leman Mayessa M. Koulibay (New York, US)

Savadogo Sirina (Georgia, US)

Theresa Tapsoba (New York, US)

Elizabeth Tientcheu (California, US)

Diouda Rosine Foukeng (South Carolina, US)

Southerner Francois Emmanuel Nguetta (US)

Djouda Hyppolitte (South Carolina, US)

Ngnepiepaye Arthur Tiam (Texas, US)

Ethel Tche (Mississippi, US)

Milo Bemmo (Nevada, US)

Boguissogo, Armel Constant (Nevada, US)

Ntamack, Timothee (Maryland, US)

Monsieur Mananga (Texas, US)

Ekollo Paul Ekwalla (Canada)

Ntsama Sabine Hortense (Canada)

Ngo Dipoumbi, Annie (New York, US)

Cameroonian Nwafo Wandji Cathy Stella and

Piolet Frida Kumakolo (New York, US)

The 124 defendants that have been listed as Liyeplimal are:

d/b/a Liyeplimal, Global Investment Trading S.A.

“Simtrex” refers to Simtrex Commercial Brokers LLC.

Simb Emile Parfait (Cameroon, fled the country and is on the run)

Benga, Cecile Jeannette Fotso (Canada)

Nya Joseph Flaubert (Canada)

Angeline Mbogmis Nee Bassomo, Ph.D. (Cameroon)

Sgt. Fogue (not specified)

Mathieu Yetna Yetna (Cameroon)

Samuel Aimé Koum (France)

A. Bessala (Canada)

Noel Albert Tchuente (Michigan, US)

Nouck, Aloys Rodrigue (Cameroon)

Elodie Anny P N Assih (unknown)

Antoine Bouda (unknown)

Souvenirs from Augustine Reine Ngo Nhiomog U Maih (Cameroon)

Antoine Bea Moualal (Cameroon)

Robert Bayiha (Cameroon)

Welcome, Bamouni (Burkina Faso)

B. D. Diarra (Cameroon)

Priscilla Houssou (unknown)

Chuck Takam Noule (Maryland, US)

Nlend, Christophe Nyobe (Cameroon)

Lucienne Manga (Cameroon)

Eloumou Akama Claudine Sylvie Epse Manga (Cameroon)

Clare Nadege Moualal (Cameroon)

Le Bon Kema’euga Tchouzou Daniel (Cameroon)

Njome Daniel Moussinga (Cameroon)

Michael David Kom (Cameroon)

Want Olomo (Cameroon)

Djapa Tchagwo Jack Rayane (Canada)

Donald Bitjoka (Cameroon)

Emmanuel Arsen Ouattara (New Jersey, US)

Nathan Guy Herve Ekwalla Ntone (Cameroon)

Edward Foko (unknown)

Theodore Simb (Cameroon)

Adam Moche (Maryland, US)

François Ngangue (unknown)

Ngai Ngai Fils (unknown)

Robert Some M (unknown)

Epse Anna Ebenye Fru Epse (Cameroon)

Ebenye Epse Fru, Anne (Cameroon)

Jacques Aujol (France)

Dapa Sacko (France)

Ratolojanahary Honor (Cameroon)

Bikai, Jacques Landry (Cameroon)

Abela, Jean Calvin (Cameroon)

J. D. arc Bidjoni (Cameroon)

Sapeya Jeff Jullian Djapa (Cameroon)

F. Jeffery Koumbou (Cameroon)

Intimijodel Armand Mandeng Jodel (Cameroon)

Mr. Mandeng (Maryland, US)

Honorable Jules Nyeck (Cameroon)

Jillian Ndje (Cameroon)

Young Maih (Mauritius)

Ousmane Koanda (Burkina Faso)

Ndakgo, Laure Epiphanie (Canada)

Ingrid Lise Amandine Mouendi (Cameroon)

To Mahamadou (Burkina Faso)

Julienne Mambo Epse (unknown)

John Brochu (France)

Mateck Epouse Bayiha Nicole Josephine (Cameroon)

Yetna Mathieu Yetna (Cameroon)

Peoplesah Dakevi (Togo)

Ngo Maih Bahoya Monique Yohana (France)

Tedjo, Muriel Christille (Cameroon)

Frederic M’wetigne Some (Burkina Faso)

Judith Yakam (Virginia, US)

Ekwalla Nathan Guy (Cameroon)

Mouendi Mouendi the vile (Cameroon)

Libam Ngo Ndebi (Cameroon)

Pangsou Unpunished (Cameroon)

John Dongue (Cameroon)

Simon Paulin Nyobe (Cameroon)

Ayina René (Cameroon)

Ngouadje Rene Hermann (Cameroon)

John Engoulou (Canada)

Koum, Samuel Aime (Cameroon)

Panny, Sebastian (unknown)

Patrick Serge Fotue (Cameroon)

Elias Pefoumbou (Virginia)

Pauline Ouedraogo (Burkina Faso)

Mefire, Soulemanou (Cameroon)

I’m Soumare Fatoumata (France)

Manga Thomas Timothée (Cameroon)

Rudy Thibault Matiba Ikele (Cameroon)

John Henry Mbom Maih (Guinea-Bissau)

Ngatcha Willy Tchuilen (Canada)

Judith Youmbi Pamela Nguenang (Cameroon)

Ingrid Mevazara (Burkina Faso)

Antoine Zoungrana (Burkina Faso)

Deaphine Seraphine (unknown)

Charles Xavier Feudjio (Germany)

Toch Sumch (unknown)

Aziz Tanzil (unknown)

Frédérick Kabore (New York, US)

Jacques Ngangwa (Canada)

Stacey Mamseu (Canada)

Alvin Ngog (Texas, US)

Theodora Marie Bang (Washington, US)

Georgette Anne Bekono (Canada)

Thomas Messi (unknown)

Denis Eric Ngono (Canada)

Djouta Achille (Canada)

Judith Yamb (Switzerland)

Theodora Ravaka Rakotonarivo Malala (Madagascar)

Lauren Rasolonjatovo (Madagascar)

Nguekeng Steve Arnold Djoumessi (Canada)

Jeannette Petipa (Canada)

Judith Tatiosop (Canada)

Gunelle Kuemo (Canada)

Marijo Vogtembing (Virginia, US)

Sébastien Pofoumbo (Virgina, US)

Gildas Mbouna Ngambou (Texas, US)

Toby Fami-Etemen (New York, US)

Michelle Brouard I am Nee Marie Bassomo (unspecified)

Moiffo, Jean-Jacques (France)

Walter Fami (Canada)

Claudette Lema (France)

Simon Hervé Eone Eone (France)

Louis Jean Messang (Switzerland)

The missipo Henri Noel Moukouri (Cameroon)

Ingrid Biteu (New York, US)

Unknown Cabral Libii Li Ngue and

Lemogo Landry Antoine (Cameroon)

Although the bulk of Liyeplimal defendants are headquartered in Africa, the high proportion of US plaintiffs startled me. There are also a few defendants with US addresses.

Galen Criscione of Criscione Ravala LLP and Ross E. Pitcoff of Ross Pitcoff Law appear to have significantly referenced BehindMLM’s original study in the plaintiff’s case.

Criscione and Pitcoff mention further sources, however BehindMLM is not acknowledged.

Instead, the lawyers present the original study conducted by BehindMLM as their own.

It is upsetting to witness plagiarism in accusations submitted to the federal government.

Leaving that aside, the complaint of the plaintiff claims that Liyeplimal is a Ponzi scheme that broke US securities legislation. Additionally, RICO accusations have been made.

The defendants’ scam is a classic illustration of a Ponzi scheme, and it took advantage of the US financial system to defraud US citizens as well as others all over the world.

Plaintiffs claim breaches of the Securities Act of 1933 and the Securities Exchange Act of 1934 in this action, by and via the assistance of their undersigned counsel.

Plaintiffs also claim that Defendants violated their rights under the New Jersey Influenced and Corrupt Organizations Act (“New Jersey RICO”) and the New Jersey Common Law by, among other things, breaching contracts, engaging in unjust enrichment, deceptive inducement, deceptive misrepresentation, negligent misrepresentation, conversion, and fraud and conspiracy.

Plaintiff investor losses are valued at approximately $1.6 million, according to the complaint. Remember that these losses for the Plaintiffs are only an estimate. Losses from Liyeplimal are substantially higher overall.

Across twelve grounds of action, the plaintiffs are requesting restitution and punitive damages of up to $16.6 million.

I can imagine serving in this case being a nightmare due to the numerous defendants. I’m not sure how it will turn out.

Simb’s whereabouts (in Russia or abroad) will probably cause problems in a civil action.

As we follow the case, be sure to check back for updates.

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