Bit4G Review: 49% monthly ROI crypto lending Ponzi scheme
Bit4G provide no information on their website about who owns or runs the business. The Bit4G website domain (“bit4g.com”) was registered on October 11th, 2017. “Bit 4G” is listed as the owner, with an...
View ArticleGenesis Mining denies USI-Tech partnership, Omnia Tech C&D
Desperate to provide evidence of an external source of revenue, about a week ago USI-Tech affiliates began circulating footage of “a new data center in Iceland”. It didn’t take long for people to...
View ArticleFrom Divvee to Nui to Mintage Mining unregistered securities?
Divvee’s original launch in mid 2016 saw the company charge $9.95 a month for access to discounts. When that business model flopped Divvee introduced “Rank & Share” in late 2016, a platform that...
View ArticleZhunrize Receiver files $2.8 million clawback lawsuit against Vodaware
The Zhunrize Recevier’s clawback lawsuit against Vodaware is a bit unusual. Zhunrize was a $100 million dollar Ponzi scheme shut down by the SEC in 2014. Upon being appointed, the Zhunrize Receiver...
View ArticlePM International sues TV2 over pyramid &“sugar powder” claims
PM International aren’t happy with TV2’s Health Control report into their MLM opportunity. The company has filed a lawsuit against the Norwegian broadcaster for breaching the Damages Act. Health...
View ArticleNui claim lawyers signed off on Kala ICO tokens (Symatri?)
It appears former Divvee management struggle with the concept of simplicity. First the company offered access to discounts. Then it became a promotional platform. Then they were going to offer Ryze AI...
View ArticleCarlos Wanzeler’s seized assets to be sold (TelexFree)
Carlos Wanzeler, one of the masterminds behind the $3 billion TelexFree Ponzi scheme, remains a fugitive at large. A hasty flight to Canada and then Brazil saw Wanzeler leave behind a significant...
View ArticleOneCoin certified illegal in Portugal
Although a bit late to the game, yesterday Portugal’s top financial regulator issued a OneCoin investment warning. Banco de Portugal’s November 27th warning targets OneLife Network Limited, OneCoin...
View ArticleTelexFree Trustee responds to net-winner class claim objections
The TelexFree Trustee has filed a response to the net-winner class’ objections to the claim resolution process. Filed on November 14th, TelexFree’s net-winner class objected to not being given a chance...
View ArticleStrike7 Review: 280% “investment professionals” ROI in 40 days
Strike7 provide no information on their website about who owns or runs the business. Not sure what the story is, but the Strike7 “About Us” website page appears to be copy and pasted from multiple...
View ArticleCoin Place Review: Three-tier cryptocurrency Ponzi ROI plans
Coin Place provide no information on their website about who owns or runs the business. A corporate address in the ACT, Australia is provided. This corresponds with an office block, however there’s no...
View ArticleMannatech warned over multiple FDA violations
The FDA has warned Mannatech of witnessed manufacturing and labeling violations. In a November 14th letter addressed to CEO and President Alfredo Bala, the FDA reveals it inspected Mannatech’s...
View ArticleCoinastrix Review: Bitcoin doubler Ponzi & binary recruitment
Coinastrix provide no information on their website about who owns or runs the business. In the Coinastrix Terms of Service the company refers to itself as “CMVV Ventures, Mexico”, with an address in...
View ArticleMy BitByBit Empire Review: 4 Corners reboots FortuneMaker scam
My BitbyBit Empire provide no information on their website about who owns or runs the company. The My BitbyBit Empire website domain (“mybitbybitempire.com”) was privately registered on June 8th, 2017....
View ArticlePrincipe’s harassment injunction hearing delayed till Dec 22nd
Initially scheduled to take place on December 1st, the hearing on Principe’s harassment injunction motion has been delayed. On November 16th a joint stipulation was filed requesting the December 1st...
View ArticleBitcoins Wealth Club Review: Vitaliy Dubinin’s bitcoin Ponzi feeder
BitCoins Wealth Club isn’t an MLM opportunity in and of itself per se. Rather it’s a funnel for a plethora of MLM bitcoin Ponzi scams. BitCoins Wealth Club was founded by Vitaliy Dubinin, who is based...
View ArticleStorm Paid HYIP Review: Cryptocurrency trading = 1320% daily ROI?
Storm Paid HYIP provide no information on their website about who owns or runs the business. The Storm Paid HYIP website domain (“stormpaidhyip.com”) was privately registered on October 8th, 2017. The...
View ArticlePandex Review: Japanese billionaires aren’t running Ponzi scams
Pandex provide no credible information on their website about who owns or runs the business. The Pandex website domain (“pandex.org”) was first registered on January 4th, 2016. The registration was...
View ArticleFourth Youngevity complaint alleges false Wakaya product claims
On November 4th Youngevity filed a fourth amended complaint against Wakaya Perfection. The complaint is the latest in the long-running feud between Youngevity and Wakaya, dating back to March, 2016....
View ArticleViridian Review: Potentially overpriced utilities & travel savings
Viridian operate in the travel and utility MLM niches. The company is based out of Connecticut in the US and was founded by Michael Fallquist. Fallquist is the former COO of Commerce Energy and founded...
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