OneCoin now laundering funds directly through affiliates
OneCoin’s ongoing banking problems have taken a sinister turn, with the company potentially shifting criminal liability onto some of its affiliates. After losing their last bank account, OneCoin was...
View ArticlePerfect Matrix Cash Review: $2.50 chain-recruitment scheme
There is no information on the Perfect Matrix Cash website indicating who owns or runs the business. The Perfect Matrix Cash website domain (“perfectmatrixcash.com”) was privately registered on October...
View ArticleSport Social Market Review: Bitcoin based virtual share trading
Sport Social Market provide no corporate contact details on their website. The Sport Social Market Terms and Conditions however state the company is owned by “YOKA TÉCNICA S.L” and that the agreement...
View ArticleCFTC granted Entry of Default against Changes Trading
Back in September the US Commodities Futures Trading Commission (CFTC) filed a lawsuit against Timothy Baggett, Kimball Parker, Make Your Future, Changes Worldwide, and Changes Trading. Timothy Baggett...
View ArticleYoungevity granted injunction, Wakaya granted dismissals
Earlier this year Youngevity filed a lawsuit against Wakaya Perfection. The complaint accused Wakaya Perfection, co-founder Todd Smith and several named defendants of effectively gutting Youngevity...
View ArticleUSFIA a Ponzi scheme, SEC granted summary judgement
In an effort to save time, last month the SEC filed for summary judgement against Steve Chen. Chen opposed the filing and argued, among other things, that summary judgement would deprive him of a jury...
View ArticleReverse Commissions Review: Four-tier split cash gifting
There is no information on the Reverse Commissions website indicating who owns or runs the business. Infact at the time of publication, the Reverse Commissions company website is little more than an...
View ArticlePangea Review: Another James Ward MLM travel opportunity…
The Pangea website identifies James Ward (CEO) and Sam Fuentes (COO) as co-founders of the company. James Ward first popped up on BehindMLM’s radar in 2010, as the CEO of LGN Prosperity. LGN Prosperity...
View ArticleSergey Mavrodi trolls the Nigerian government?
MLM in Nigeria is a bit of a mess at the moment. The MLM underbelly has completely taken over and scamming is rampant. On any given day of late BehindMLM’s filters are nuking spammy comments pushing...
View ArticleHooker arrested after making off with OneCoin scammer’s stash
If the trend of single elderly European gentlemen attached to the MLM underbelly popping up in Asia left you thinking “hmmm”, rest assured for most of them it was purely a business decision. … Nah,...
View ArticleCoin Forever Review: $50 in, $3150 out Ponzi cycler
There is no information on the Coin Forever website indicating who owns or runs the business. The Coin Forever website domain (“coinforever.com”) was privately registered on November 22nd, 2016....
View ArticleMatrix Madness Review: Two-tier matrix based cash gifting
There is no information on the Matrix Madness website indicating who owns or runs the business. The Matrix Madness website domain (“matrixmadness.biz”) was privately registered on November 14th, 2016....
View ArticleMMM Nigeria suspends payouts for the rest of December
The disaster that is the Nigerian MLM underbelly scene continues, with news today MMM Nigeria has suspended withdrawals. Yes, you’re reading that right. The same week Sergey Mavrodi purportedly goaded...
View ArticleFusionBit Review: Oldschool ebook library pyramid scheme
There is no information on the FusionBit website indicating who owns or runs the business. The FusionBit website domain (“fusionbit.club”) was privately registered on November 30th, 2016. As always, if...
View ArticleBit Cycler Review: Three queue cycler Ponzi positions
There is no information on the Bit Cycler website indicating who owns or runs the business. Infact, at the time of publication the site is nothing more than a login page. The Bit Cycler website domain...
View ArticleFinal judgement granted against all Zeek top net-winners
Following Final Judgement granted against three of Zeek Rewards’ top thieves, the same has now been granted against all named net-winners in the Receiver’s clawback lawsuit. In total there are seven...
View ArticleCarlos Costa facing jail time for $1.3 million dollars in tax fraud
Tax authorities in Brazil aren’t done investigating TelexFree, with the latest seeing Carlos Costa sued for $1.3 million dollars in tax fraud. As per a lawsuit filed by the Federal Public Ministry of...
View ArticleCool Naira Review: Pyramid scheme targets Nigerian recession
The Cool Naira website identifies Paul Samson as founder of the company. Samson purportedly founded Cool Naira through the company G-Cyber Technologies back in March. Samson (right) claims G-Cyber...
View ArticleE-Cooperative Review: Two-tier matrix cash gifting
There is no information on the E-Cooperative website indicating who owns or runs the business. The E-Cooperative website domain (“ecooperative.online”) was registered on October 25th, 2016. Christian...
View ArticleJeremy Rush threatens to sue Zukul Facebook critics
The latest Zukul webinar aired earlier today. In it, owner Jeremy Rush addresses what he refers to as a number a number of issues. Perhaps the most interesting of which is criticism on Facebook, which...
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