Fact-check findings
What an automated fact-checker found when it re-read Brent Kovar / Profit Connect against the sources the page cites. Only the most recent review is shown.
These findings are produced by an automated reviewer, and its results vary between runs: the same page, checked three times on the same day, came back with 15%, 20% and 34% of its claims disputed, mostly because each run extracted a different number of claims. Treat what follows as leads, not rulings.
“Disputed” means the reviewer could not reconcile the claim with the evidence it cited. It does not mean the claim is false. “Unverifiable” means no reachable source settled it either way.
Nothing here changes the page on its own. A proposed correction is applied only after a human moderator approves it; until then the page reads as it did when reviewed.
unverifiable
4 claimsNo source the reviewer could reach confirms or contradicts the claim.
- #4[unverifiable][awaiting moderator]in section: SEC Civil Enforcement Action (2021)
“stipulated consent judgments for both were filed on December 8, 2021”
reviewerConsent judgments filed December 8, 2021; settled without admitting or denyingSearch snippets from BehindMLM are consistent, but the page was blocked and no SEC primary document was read. Not scored. - #5[unverifiable][awaiting moderator]in section: How the Profit Connect Scheme Operated
“according to SEC filings, that investments carried FDIC-style insurance protection”
reviewerInvestors were told investments carried FDIC-style insurance protection, according to SEC filingsThe litigation release does not say this; the complaint PDF could not be read. Needs checking against the complaint. - #6[unverifiable][awaiting moderator]in section: How the Profit Connect Scheme Operated
“More than 90% of funds paid out to investors reportedly came from new investor deposits rather than actual returns”
reviewerMore than 90% of payouts came from new investor depositsNo source I could read gives this percentage; hedged with 'reportedly' but not located. - #7[unverifiable][awaiting moderator]in section: Sentencing and Outlook
“Kovar's criminal trial began on August 11, 2026”
reviewerTrial began August 11, 2026Searched; no source gives the trial start date. A nine-day trial ending Aug 24 is not inconsistent with it.
partially supported
1 claimThe cited evidence supports part of the claim but not all of it.
- #11[partially supported][awaiting moderator]in section: Alleged New Venture While on Pretrial Release
“The industry watchdog blog BehindMLM has reported that Brent Kovar launched another Ponzi-like scheme while released on bail pending his criminal trial.”
reviewerBehindMLM reported Kovar launched another scheme while on bail; AVOID could not verifyThe report exists and the hedging is appropriate. The page says the venture name could not be found, but BehindMLM names it. Only a Tier 3 source was seen and the page was not read directly.
confirmed
6 claimsThe cited evidence supports the claim as written.
- #1[confirmed][no action needed]in section: Criminal Conviction: $24 Million Crypto Ponzi Scheme
“Brent C. Kovar was found guilty on August 24, 2026 of 11 counts of wire fraud, two counts of mail fraud, and two counts of money laundering”
reviewerKovar was convicted August 24, 2026 on 11 wire fraud, two mail fraud, two money laundering counts after a nine-day trialVerdict, counts, nine-day trial, 280-year maximum and Nov 30 sentencing confirmed across several independent outlets; FBI page itself was blocked. - #2[confirmed][no action needed]in section: Criminal Conviction: $24 Million Crypto Ponzi Scheme
“Kovar solicited approximately $24 million from at least 400 investors through his company Profit Connect”
reviewerProsecutors alleged about $24 million from at least 400 investors, late 2017 to July 2021, 15-30% returns with 100% money-back guarantee, AI supercomputerFigures consistent across reporting. - #3[confirmed][no action needed]in section: SEC Civil Enforcement Action (2021)
“On July 8, 2021, the SEC filed a civil complaint in the U.S. District Court for the District of Nevada (Case No. 2:21-cv-01298-JAD-BNW)”
reviewerSEC complaint filed July 8, 2021 in D. Nev., case 2:21-cv-01298-JAD-BNW, over $12M from 277 investors, 20-30% returns, TRO and asset freeze July 14, 2021Matches SEC release. The release does not mention the settlement, which rests on BehindMLM. - #8[confirmed][no action needed]in section: Prior Fraud History: Sky Way Global (2002-2010)
“raised about $1.38 million from 18 investors”
reviewerSEC complaint against Sky Way Global filed March 2009 (M.D. Fla. 8:09-cv-00455), $1.38M from 18 investors, Feb 2002 to Dec 2005, defendants Brent Kovar, Glenn Kovar, James KentMatches the SEC release. - #9[confirmed][no action needed]in section: Prior Fraud History: Sky Way Global (2002-2010)
“In 2010, the SEC obtained a permanent injunction against Brent Kovar along with a penny-stock bar and an order permanently barring him from serving as an officer or director of a public company.”
reviewer2010 permanent injunction, penny-stock bar and officer/director bar against Brent KovarTrue, but the cited litigation release (also used for timeline[1]) only records relief requested in 2009. The partial judgment PDF is a better source. The word 'permanently' on the officer/director bar was not confirmed in the full judgment text. - #10[confirmed][no action needed]in the timeline
“Brent Kovar is criminally indicted on wire fraud, mail fraud, and money laundering charges related to Profit Connect.”
reviewerKovar indicted February 2025Date confirmed.