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SEC sues Keith Laggos for promoting Zeek Rewards Ponzi scheme

Keith Laggos was involved with Zeek Rewards almost from inception. Laggos joined Zeek Rewards as a paid consultant around June 2011 and shortly after, the company switched from guaranteeing a 125% ROI...

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5Linx co-founders arrested, criminal charges filed

The beef between 5Linx’s former CEO Craig Jerabeck and former partners Jason Guck and Jeb Tyler has escalated, following criminal charges filed by the DOJ. Arrest warrants were issued for Jerabeck,...

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Cryp Trade Capital Review: 361% annual crypto trading ROI?

Cryp Trade Capital provide no information on their website about who owns or runs the business. The Cryp Trade Capital website domain (“cryp.trade”) was privately registered on August 1st, 2016. The...

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Bitcoin Instant Payment System Review: Eight-level unilevel gifting

Bitcoin Instant Payment System provide no information on their website about who owns or runs the business. The Bitcoin Instant Payment System website domain (“bitcoininstantpayment.com”) was privately...

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Mental health issues continue to delay Daniel Filho’s criminal trial

With pretty much every court update filed under seal, I don’t have much concrete information to report on Daniel Filho’s criminal trial. It emerged Filho was wanted by the FBI in July, 2015. He was...

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Peach Review: Computer algorithm fitted bras

Peach are based out of Massachusetts in the US and operate in the women’s clothing niche. Heading up the company are co-founders Janet Kraus (CEO) and Derek Ohly (COO). Janet Kraus (right with Ohly)...

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BTC Money System Review: Ten-level deep bitcoin gifting

BTC Money System provide no information on their website about who owns or runs the business. The BTC Money System website domain (“btcmoneysystem.com”) was privately registered on December 21st, 2016....

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Bit Donar Review: 2×5 matrix bitcoin gifting

Bit Donar provide no information on their website about who owns or runs the business. The Bit Donar website domain (“bitdonar.com”) was privately registered on February 24th, 2017. Alexa currently...

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Bee-One Review: Incentivized e-commerce purchases & CryptoCarbon

Bee-One are based out of the UK and operate in the cashback e-commerce MLM niche. The company is headed up by Subash George Manuel, who serves as Bee-One’s Director and CEO. A corporate address in...

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Le-Vel’s defamation lawsuit against Lazy Man and Money dismissed

Just over a year ago Le-Vel filed a million dollar plus defamation suit against the Lazy Man and Money blog. Among other things, Le-Vel alleged Lazy Man and Money employed the business model of using...

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2×5 Global Help Review: 2×5 matrix bitcoin gifting

2×5 Global Help provide no information on their website about who owns or runs the business. The 2×5 Global Help website domain (“2x5globalhelp.com”) was privately registered on December 20th, 2016....

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Traffic Monsoon is a Ponzi scheme, preliminary injunction granted

Last July the SEC shut down Traffic Monsoon on the basis it was a Ponzi scheme. Rather than admit he’d stolen millions of dollars through Ponzi fraud and settle, Scoville vowed to defend the case. This...

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Webokane Review: E-books, seminars & pyramid recruitment

Webokane provide no information on their website revealing who owns or runs the business. Webokane is a start-up company, however our team has decades of experience in this industry and management. The...

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Charles Scoville fancies himself as the next Mark Cuban

In the aftermath of Traffic Monsoon being declared a Ponzi scheme by a US Court, the most prominent rhetoric to emerge has been comparisons to Mark Cuban’s SEC case. These efforts have been...

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VenusFX scammers arrested in Malaysia

Following a police investigation that began late last year, news today that several VenusFX scammers have been arrested in Malaysia. For those unfamiliar with the scheme, VenusFX was a Ponzi scheme...

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Lyoness a pyramid scheme according to Swiss Court of Appeal

It’s the same old story, a Lyoness affiliate invests in Accounting Units, nobody signs up under them and so they lose thousands of dollars. Between 2014 and 2015 a Lyoness affiliate in Switzerland...

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Yes My Bitcoin Review: 2% daily cryptocurrency trading ROI?

Yes My Bitcoin provide no information on their website about who owns or runs the business. The Yes My Bitcoin website domain (“yesmybitcoin.net”) was privately registered on March 5th, 2017. At the...

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Multi Stream Funnel Review: $20 a pop pyramid gifting

Multi Stream Funnel provide no information on their website about who owns or runs the company. In fact, at the time of publication, the Multi Stream website domain is little more than an email capture...

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Tranont Review: Mishmash of 3rd party merchant service subscriptions

Tranont are based out of Utah in the US and operate in the service subscription MLM niche. The company was founded in 2014 by CEO Lorne Berry. As per his Tranont corporate bio, Berry (right) ‘spent 10...

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$79,191 final judgement entered against Keith Laggos

With a securities violation already under his belt, Keith Laggos wasn’t in a position to contest his involvement in the Zeek Rewards Ponzi scheme. The SEC saw Keith Laggos as a Zeek insider and sued...

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