Pankaj Gupta has been arrested and is currently being charged with embezzlement and Grand Theft. The Acteva site is currently offline too. The San Francisco District Attorney’s office has seized all of the financial records pertaining to Acteva business dealings.
Gupta is currently being sued in court by another party looking to get their event registration fees back. An order was issued in the middle of October for the all financial records to be turned over to the plaintiff. When Marshalls went to Pankaj Gupta’s residence, they were informed that Gupta had been arrested and all of his files were in the procession of the District Attorney’s office.
Both the Mylo Solutions and Social World websites are still online and active. Both sites have had a redesign in the past few months. It does appear that the same coder(s) is working on both sites based on the overall look, feel and coding I sampled. It will be a matter of time until the DA is able to determine if Mylo Soulutions and Social World are separate from Acteva.
I will publish more information when I get more. In the meantime, I suggest contacting the SF DA’s office directly for more information. I do know that Pankaj was been released from custody and is not currently in jail. There is no information listed for his next court date as of yet.
BBB has just posted that they have been made aware that the San Francisco District Attorney’s office of a criminal investigation regarding Pankaj Gupta. A criminal discovery hearing was scheduled for February 19th, 2015.