James Merrill no longer under curfew and monitoring
Last week James Merrill’s probation officer recommend the current curfew and monitoring in place be removed. Since the restrictions were imposed two years ago, Merrill has only violated his curfew once...
View ArticleFTC: Xango has a “Vemma-like marketing program” (Tom Alkazin)
The battle between the FTC and Tom Alkazin continues, with the latest filing from the FTC seeing Xango dragged into the feud. After the FTC shut down Vemma for being a pyramid scheme last year, Alkazin...
View ArticleSEC claim Traffic Monsoon is a $207 million dollar Ponzi scheme
Traffic Monsoon was a HYIP that promised affiliates a $55 ROI on a $50 investment. Traffic Monsoon investors were also paid to recruit new investors. Launched by Charles Scoville in 2014, Traffic...
View ArticleMMM Asia Ponzi scheme busted by Indian CID
MMM Asia is an offshoot of the MMM Global Ponzi scheme. Like MMM Global, MMM Asia promises investors 100% a month ROI on bitcoin investments. Through a centrally-managed cash gifting scheme, MMM Asia...
View ArticleSEC shutdown of Traffic Monsoon: The Facts
Following the announcement of a TRO granted against Charles Scoville and his Traffic Monsoon Ponzi scam, we now take a look at the details behind the granting of the TRO. The SEC’s filed memorandum...
View ArticleCharles Scoville vows to fight Traffic Monsoon Ponzi case
In the wake of the SEC’s allegation that Traffic Monsoon is a $207 million dollar Ponzi scheme, owner Charles Scoville has publicly responded to the allegations. In a Facebook post published about an...
View ArticleGlobal Smart International Review: Global Smart Ads Ponzi launch
From what I can gather, Global Smart International initially launched on or around 2009. The company initially marketed health and wellness products, with a reboot complete with new prelaunch phase...
View ArticleOneCoin threaten to sue YouTube over account termination
OneCoin aren’t happy about YouTube terminating their OneLife account, and have threatened to take “legal action” against the company. In a post published a few hours ago to the OneLife Facebook page,...
View ArticleSEC reaffirms adcredit opportunities are illegal Ponzi schemes
Proponents of adcredit “revenue sharing” would have you believe that the act of attaching advertising credits to a fraudulent investment scheme somehow legitimizes it. The core take-away from the SEC’s...
View ArticleScoville loses control of Traffic Monsoon, Receiver appointed
Contradicting Charles Scoville’s insistance that he’s negotiating directly with the SEC and that everything is fine, yesterday the regulator filed an ex-parte motion requesting the appointment of a...
View ArticleCash Money Bucket Review v2.0
Cash Money Bucket was launched just under a year ago by Robert McAtamney. McAtamney first popped up on BehindMLM’s radar as the admin of the One Time Infinity Ponzi scheme. In addition to Cash Money...
View ArticleMyG21 Review: GCoin cashback points
There is no information on the MyG21 website indicating who owns or runs the business. The MyG21 website domain (“myg21.com”) was registered on the 20th of September 2011. Pietro Rocca is listed as the...
View ArticleTraffic Monsoon preliminary injunction hearing rescheduled for 23 Sep
Earlier today a joint stipulation was filed by the SEC and Charles Scoville, requesting the upcoming August 5th preliminary injunction hearing be rescheduled. The parties also requested the current TRO...
View ArticleWCM777 Receiver having difficulty verifying victim claims
Last we checked in the WCM777 Receiver was grappling with $386 million in claimed losses by WCM777 affiliates. The problem is that, on paper, WCM777 only took in $86 million. In March the Receiver...
View ArticleOneCoin a “fraud company” according to Indian cyber crime police
Cyber crime police in Hyderabad, India have apprehended the owner of 3G Coin. BM Jagadeesha, was arrested in Bengaluru by the Cyberabad cyber crime team on July 16 and is now on remand. Jagadeesha’s...
View ArticleiTravel Party Review v2.0
iTravel Party launched just over a year ago. BehindMLM reviewed the opportunity in June 2015 and concluded it was a matrix cycler. iTravel Party affiliates signed up for $299 and were paid $400 when...
View ArticleFresh Ads Daily Review: Two-tier matrix cycler pyramid scheme
There is no information on the Fresh Ads Daily website indicating who owns or runs the business. The Fresh Ads Daily website domain (“freshadsdaily.com”) was registered on June 22nd 2016, however the...
View ArticleNet-winner attorney argues Zeek thieves “provided value”
The original argument of those who profited in the Zeek Rewards Ponzi scheme was that it wasn’t a Ponzi scheme. After wasting $30,000 of Zeek Reward victim’s fund on an expert witness they hoped would...
View ArticleBC Academy Review: BC points & BookCoins virtual shares
BC Academy first popped up on BehindMLM’s radar as a reboot of the uFun Club Ponzi scheme. uFun Club investors were given positions in BC Academy, suggesting the uFun Club affiliate database had been...
View ArticleOneCoin recruitment gig in Australia disrupted (awkward)
On July 29th an optimistic Ed Ludbrook announced on Facebook: Australia is launched! Perth rocked. Melbourne tomorrow, then Sydney, Gold Coast and Cairns! See – OneLife-OneCoin Australia/New Zealand...
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