OneCoin lose Cyprus bank account, Bank of Africa & UOB remain
Four days ago we reported on OneCoin’s Singapore UOB bank account appearing to be frozen. To continue to process affiliate investments, OneCoin opened up an account with Hellenic Bank in Cyprus. Less...
View ArticleOneCoin under investigation in Vietnam
If you thought OneCoin’s quarter of a million Euro investment packages sounded dodgy enough on their own, get a load of how OneCoin is marketed in Vietnam. In Vietnam the top investor goes by the...
View ArticleJohn Oliver’s Last Week Tonight exposes “pyramid scheme” MLMs
In line with the nature of Last Week Tonight, this is more of an entertainment piece as opposed to BehindMLM’s regular coverage. In the latest episode of Last Week Tonight, an Emmy award-winning weekly...
View ArticleMy Advertising Pays plans second Ponzi reboot this month
My Advertising Pays initially launched in 2013. The business model was simple: My Advertising Pays affiliates invested $49.99 on the promise of an advertised $60 ROI. By the end of 2015 My Advertising...
View ArticleGary Bessoni settlement sees $175,000 returned to Zeek Ponzi victims
Back in mid 2015 the Zeek Rewards Receiver sued Gary Bessoni and his companies Peak USA and Peak Impact. Through Peak USA and Peak Impact, Bessoni flooded Zeek Rewards affiliates with bogus email...
View ArticleBeOnTel Review: BeOnPush’s half-assed attempt at Ponzi resuscitation
BeOnPush was a Ponzi scheme launched in 2015 by Ferki Demirovski. Under the guise of having something to do with advertising, BeOnPush affiliates invested up to $10,000 on the promise of a 150% ROI....
View ArticleTraffic Network Ads Review: 720 day adcredit Ponzi ROIs
There is no information on the Traffic Network Ads website indicating who owns or runs the business. The Traffic Network Ads website domain (“trafficnetworkads.com”) was registered on the 1st of...
View ArticleThe Global Wealth Center Review: Amos Brazan merges gifting feeders
The Global Wealth Center is run by a group of individuals who collectively refer to themselves as “The Dream Chasers”. Listed members of The Dream Chasers include Amos Brazan (credited as Amos Taylor),...
View ArticleVertigoBTC Review: 2×3 matrix-based bitcoin cash gifting
There is no information on the VertigoBTC website indicating who owns or runs the business. The VertigoBTC website domain (“vertigobtc.com”) was registered on the 2nd of November 2016, however the...
View ArticleOneCoin lose Singapore UOB account, only Bank of Africa left
It’s looking like OneCoin’s banking roulette may be coming to an end, with news today they’ve lost their Singapore United Overseas Bank account. I initially thought OneCoin had lost their UOB account a...
View ArticleNigerian government calls for arrest of local MMM Global promoters
One by one MMM Global’s local chapters in Africa have collapsed. At the time of publication Nigeria the last major African nation MMM Global maintains a foothold in. Rather than let the scheme collapse...
View ArticleBinary Global Review: 2×10 matrix bitcoin cash gifting
There is no information on the Binary Global website indicating who owns or runs the business. The Binary Global website domain (“binaryglobal.net”) was registered on the 28th of December 2015. The...
View Article2×2 Funds Review: 2×2 matrix bitcoin cash gifting
There is no information on the 2×2 Funds website indicating who owns or runs the company. The 2×2 Funds website domain (“2x2funds.com”) was registered on the 7th of November 2016, however the domain...
View ArticleJohn Wuo fined $2000 by FPPC (USFIA case updates)
It wasn’t long into researching BehindMLM’s USFIA review that came across photos of John Wuo with USFIA management. Wuo was an elected government official of the City of Arcadia, California, so his...
View ArticleMathINV Review: 175% Ponzi ROI every 70 days
There is no information on the MathINV website indicating who owns or runs the business. On their website MathINV claim to be “working with” CNPJ Individual Entrepreneur, a business purportedly...
View ArticleSEC file for USFIA summary judgement, Steve Chen opposes
On October 26th the SEC filed for summary judgement against USFIA and owner Steve Chen. Chen responded in opposition to the SEC’s filing on November 7th. Both filings are pretty long, coming in at...
View ArticleMy Advertising Pays warning issued by Maltese regulator
As My Advertising Pays gears up to abandon Europe and focus on scamming people in Asia, the European fallout has begun. On the 10th of November the Malta Financial Services Authority issued a warning...
View ArticleMy 1 Dollar Business Review: Savings Highway rebooted
The My 1 Dollar Business identifies Steve Gresham as Founder of the business. According to the My 1 Dollar Business website domain registration, Gresham is based out of Georgia in the US. This is...
View Article3×2 Core Review: Two-tier bitcoin cash gifting
There is no information on the 3×2 Core website indicating who owns or runs the business. The 3×2 Core website domain (“3x2core.com”) was registered on the 8th of November 2016, however the domain...
View ArticleFTC return $3.7 million to FHTM victims
For most MLM underbelly victims, they’re don’t get anything back. Fortunately for Fortune Hi-Tech Marketing victims, regulators intervened before it was too late. Back in 2014 an FTC enforcement action...
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