OneCoin lose “secret” Abu Dhabi bank account
Following a large number of bank account closures in 2016, OneCoin began to get very secretive about their banking details. Previously accounts for affiliates to deposit invested funds into were...
View ArticleRegeneca shut down for ongoing FDA violations
Regenca’s regulatory problems began with the FDA a few years ago. In an August 28th, 2012 letter addressed to Regeneca CEO Matthew Nicosia, the FDA expressed concern over marketing of RegeneSlim. This...
View ArticleEdelweiss5 Review: 0.5% to 3% daily Ponzi returns
There is no information on the Edelweiss5 website indicating who owns or runs the business. A Bundesrepublik Deutschland incorporation certificate for TI. Edelweiss GmbH is provided. The certificate...
View ArticleBitcoGate Review: 2×5 matrix bitcoin cash gifting
There is no information on the BitcoGate website indicating who owns or runs the business. The BitcoGate website domain (“bitcogate.com”) was privately registered on October 26th, 2016. A marketing...
View ArticleZeek Rewards victims can be heard at Paul Burks’ sentencing
Victims of Zeek Rewards looking for some final closure are entitled to be heard at Paul Burks’ sentencing. Burks, mastermind of the $850 million dollar Zeek Rewards Ponzi scheme, is scheduled to be...
View ArticleJusuru acquired by Modere (Z Capital Partners LLC)
Jusuru’s $250 a month collagen juice has found a new home, following the announcement of an acquisition by Modere. As per a January 18th press-release issued by Modere’s parent company, Z Capital...
View ArticleSwiss Mine Review: Ducatus Ponzi points OneCoin clone
There is no information on the Swiss Mine website indicating who owns or runs the business. The Swiss Mine website domain (“swissmine.club”) was privately registered on December 5th, 2016. The Swiss...
View ArticleMMM Nigeria relaunch trainwreck speeds towards second collapse
When it relaunched a day early a week ago, the narrative pushed was that things would go back to the way they were before the December collapse. Those hopes were dashed soon after, following an...
View ArticleCrypto Mafia Review: From Instagram spam to bitcoin cash gifting
There is no information on the Crypto Mafia website identifying who owns or runs the business. The Crypto Mafia website domain (“cryptomafia.co”) was privately registered on December 30th, 2016. The...
View ArticleCelia Dunlop ordered to reveal location (My Advertising Pays)
Last month My Advertising Pays filed a lawsuit against payment processor VX Gateway. According to My Advertising Pays, VX Gateway, Celia Dunlop and Timothy Mackay stole $59.6 million, money that My...
View ArticleDigital Portal Club Review: 200% ROI MMM Global Ponzi clone
There is no information on the Digital Portal Club website indicating who owns or runs the business. The Digital Portal website domain (“digitalportal.club”) was privately registered on December 6th,...
View ArticleMMM Nigeria affiliate threatens to go juju on Mavrodi’s ass
With more and more MMM Nigeria affiliates realizing they’re not going to get paid each day, emotions are running high. Now one particular investor has dropped an ultimatum: “Give me back my money...
View ArticleMatrix King Review: 2×5 matrix pyramid recruiting
There is no information on the Matrix King website indicating who owns or runs the business. The Matrix King website domain (“matrix-king.com”) was registered on December 26th, 2016. Mohammad Monsuri...
View ArticleReferers Earn Bitcoin Review: Rob Mcatamney tries bitcoin gifting
There is no information on the Referers Earn Bitcoin website indicating who owns or runs the business. The Referers Earn Bitcoin website domain (“referersearnbtcoin.biz”) was registered on January...
View ArticleCrypto Orbis Review: Massive Action Teambuild Community cash gifting
There is no information on the Crypto Orbis website indicating who owns or runs the business. The Crypto Orbis website domain (“cryptoorbis.com”) was privately registered on January 12th, 2017. If you...
View ArticleZeek Receiver proposes plan for net-winner class clawbacks
Last November Summary Judgement was granted against Zeek Rewards’ net-winner class in the US. The Zeek Receiver has been working on a plan to claw back illegitimate earnings from over 9000 net-winner...
View ArticleCoin Accelerator Review: 2×6 matrix-based bitcoin cash gifting
The Coin Accelerator website identifies Louis Kramon as founder of the company. Kramon claims to be ‘an internet marketer seeking to promote financial empowerment across the world‘. No specific...
View Article150 Cash Magic Review: $1.50 in, $1.1 million out Ponzi scheme
There is no information on the 150 Cash Magic website indicating who owns or runs the business. The 150 Cash Magic website domain (“150cashmagic.com”) was privately registered on January 4th, 2017. A...
View ArticleTelexfree mattress money mule detained until trial
In one of the more dramatic MLM underbelly arrests we’ve seen, earlier this month Cleber Rene Rizerio Rocha was apprehended at a Best Buy in Massachusetts. Rocha led HSI agents back to a “stash house”,...
View ArticleBode Pro Review: Can BK Boreyko resurrect Vemma post FTC?
BK Boreyko is best known in the MLM industry for founding Vemma back in 2004. At its peak, Vemma was doing hundreds of millions of dollars in annual sales. In 2015 the FTC shut Vemma down for being a...
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