The Colorado Attorney General announced a major enforcement sweep targeting thousands of fraudulently filed businesses that used false information in Colorado registrations to facilitate scams including cryptocurrency fraud, investment fraud, and romance scams. The lawsuits seek court orders to dissolve these entities and the AG's office worked to take down associated websites.
The lawsuits seek court orders to dissolve thousands of allegedly fraudulent businesses and the Attorney General's Office worked with platform hosts to take down websites connected to 11 fraudulent businesses.
In-house legal teams should review vendor agreements and customer contracts for clauses related to business registration accuracy, registered agent authorization, and address usage. Specifically, contracts with registered agents and virtual mailbox providers should include representations and warranties that addresses are used with proper consent. Additionally, any agreements involving cryptocurrency platforms or investment services should include enhanced due diligence provisions and verification of business legitimacy. Teams should also review their own business formation documents to ensure all information is accurate and authorized.
Entity
Xinbi Co., Ltd.
Industry
TechnologyOfficial Press Release
https://coag.gov/press-releases/weiser-launches-crackdown-on-fraudulent-colorado-businesses/
2026CV031373 Xinbi
https://coag.gov/app/uploads/2026/05/2026CV031373-Xinbi.pdf
2026CV031825 Neex LLC
https://coag.gov/app/uploads/2026/05/2026CV031825-Neex-LLC.pdf
2026CV30051 Garrettforu
https://coag.gov/app/uploads/2026/05/2026CV30051-Garrettforu.pdf
2026CV31833 HY LIMITED
https://coag.gov/app/uploads/2026/05/2026CV31833-HY-LIMITED.pdf
2026CV31835 LIVDRONE
https://coag.gov/app/uploads/2026/05/2026CV31835-LIVDRONE.pdf
2026CV31836 360 PHOTO
https://coag.gov/app/uploads/2026/05/2026CV31836-360-PHOTO.pdf
2026CV31838 SYT FOOTBALL
https://coag.gov/app/uploads/2026/05/2026CV31838-SYT-FOOTBALL.pdf
2026CV31839 MACHLOGIC
https://coag.gov/app/uploads/2026/05/2026CV31839-MACHLOGIC.pdf
2026CV31840 ABBYWAKE
https://coag.gov/app/uploads/2026/05/2026CV31840-ABBYWAKE.pdf
Colorado Attorney General Enforcement Page
https://coag.gov/
"Xinbi Co., Ltd., an alleged cryptocurrency marketplace tied to billions of dollars in transactions connected to fraud and money laundering activity."
"The lawsuits seek court orders to dissolve thousands of allegedly fraudulent businesses registered in Colorado"
"businesses that were created using false information, including the unauthorized use of Colorado residents’ home addresses as purported business locations and the unlawful use of virtual mailboxes as registered agents without consent"
"Colorado Consumer Protection Act"
Colorado Attorney General Phil Weiser led a multistate coalition in filing a notice in Character Technologies, Inc.’s bankruptcy, citing concerns about the company’s safety and privacy practices and sensitive chatbot conversations involving children and adults. The filing seeks protections in any sale or transfer of the company’s business or assets; no penalty or final remedy is reported.
Colorado Attorney General Phil Weiser issued a public advisory explaining that e-bikes must meet statutory class requirements and that retailers must clearly disclose what they are selling. The advisory warns that marketing a higher-powered electric vehicle as an e-bike without required disclosures may violate state consumer protection law; it announces no penalty or binding remedy.
Colorado Attorney General Phil Weiser and a multistate coalition sued the U.S. Department of Labor over its termination of grants for unemployment insurance system improvements. The states allege the terminations breached their grant agreements and seek money damages; the release does not describe a privacy violation or an imposed penalty.
Colorado Attorney General Phil Weiser joined a multistate coalition in a comment letter opposing HHS’s proposed cuts to Head Start standards. The letter argues the changes could reduce protections and services for children and families; it is an advocacy action, not an enforcement action imposing a penalty or remedy.
Colorado Attorney General Phil Weiser issued an advisory reminding landlords of expanded housing protections for survivors of domestic violence, abuse, stalking, and unlawful sexual behavior. The advisory describes obligations involving repayment plans, lease termination, safety measures, and confidentiality; it does not announce a fine or enforcement order against a named landlord.
Colorado joined a coalition of states and local governments in suing the National Highway Traffic Safety Administration over its rule weakening fuel economy standards for new passenger cars and light trucks. The coalition alleges the rule violates federal law; the press release does not report a penalty or a court ruling.