http://behindmlm.com/companies/usi-tech/usi-tech-ponzi-abandons-us-canada-confirms-sec-investigation/Rather than operate legally in the US and Canada and register with the appropriate regulatory bodies, USI-Tech has instead elected to abandon its legal obligations and focus on scamming investors elsewhere in the world.
USI-Tech faced increasing pressure to prove it wasn’t a Ponzi scheme following a securities fraud cease and desist issued in Texas last month.
Up in Canada, the provinces British Columbia, New Brunswick, Nova Scotia, and Manitoba had separately issued USI-Tech investor warnings.
