Top US BitConnect investor Glenn Arcaro threatens to sue critic
A week before it collapsed, Glenn Arcaro started scrubbing his social media profiles of any mention of BitConnect. Arcaro also shut down his Future Money website, which was instrumental in promoting...
View ArticleVizionary Review 2.0: Capricoin stalls, new OneGram pump & dump
Vizionary launched in 2015 as a simple membership-based pyramid scheme. Affiliates paid a fee and were paid to recruit others who did the same. The more paid in fees, the higher the income potential...
View ArticleOctoin Review: OCC lending daily ROI Ponzi scheme
Octoin provide no information on their website about who owns or runs the business. The Octoin website domain (“octoin.com”) was registered on June 28th, 2017. Matt Blunt is listed as the owner, with...
View Article“Do not invest in USI-Tech” warns Saskatchewan securities regulator
Despite assurances to the contrary, USI-Tech continues to run foul of securities regulation in Canada. The latest is a cease and desist issued by the Financial and Consumer Affairs Authority of...
View ArticleHome Block Coin Review: HBC points lending ICO Ponzi
Home Block Coin provide no information on their website about who owns or runs the company on their website. The Home Block Coin website domain (“homeblockcoin.com”) was privately registered 19th...
View ArticlePolyNetwork Review: AI points ICO lending Ponzi scheme
PolyNetwork provide no information on their website about who owns or runs the business. The PolyNetwork website domain (“polynetwork.org”) was privately registered on October 2nd, 2017. As always, if...
View ArticleTavala Review: Great retail focus, autoship & recruitment let downs
Tavala operate in the health and nutrition MLM niche and operate out of Utah in the US. Heading up Tavala is founder Boyd Wathen and CEO Allen Davis. According to Wathen’s Tavala corporate bio he made...
View ArticleHelping Hands pyramid scheme training Nigerian police officers?
At one time there was a charity bearing the same name as the Helping Hands International pyramid scheme. So when I read a firm named Helping Hands International recently held a training event for...
View ArticleBitcoin Ascension Review: 2×6 matrix bitcoin gifting scheme
A testimonial from Arla Mendenhall on the Bitcoin Ascension website identifies Ivan Mircic, Tom Kent, Amber Lee as admins of the company. The Bitcoin Ascension website domain (“bitcoinascension.com”)...
View ArticleTeno Coin Review: TNC points ICO lending Ponzi scheme
Teno Coin provide no information on their website about who owns or runs the business. The Teno Coin website domain (“teno.io”) was privately registered on January 2nd, 2018. As always, if an MLM...
View ArticleTraffic Monsoon appeal arguments scheduled for March 21st
Just a quick update on the Traffic Monsoon appeal, following arguments from both parties to be heard scheduled for March 21st. Both the SEC and Scoville have acknowledged the date, so barring any...
View ArticleVelocity Token Review: VTN points ICO lending Ponzi scheme
Velocity Token provide no information on their website about who owns or runs the business. The Velocity Token website domain (“velocitytoken.io”) was privately registered on December 21st, 2017. As...
View ArticleGainMax Capital Review: $10 to $100,000 “trading” Ponzi scheme
GainMax Capital provide no information on their website about who owns or runs the business. The GainMax Capital website domain (“gainmax.co.uk”) was registered on June 20th, 2017. George Foster is...
View ArticleTemporary Restraining Order issued in second BitConnect class-action
As the public value of BCC fast approaches zero ($6.10 as I write this), more investors are having to come to terms with being scammed. Last week in Florida we saw the first investor class-action...
View ArticleBitConnect defendant claims victims are “crybaby ass motherfuckers”
Following the Florida class-action lawsuit filed against BitConnect and several top promoters, there’s been anticipation regarding how the named defendants will react. One of BitConnect’s former top...
View ArticleProfitable Morrows Review: Daily and Fixed Plan Ponzi ROIs
Profitable Morrows operates in the financial MLM niche and claims to be based out of Australia. An address in Canberra, Australia is provided on the Profitable Morrows website. Further research however...
View ArticleUSFIA victim claims process to be submitted “in the coming days”
Although monetary relief is still a ways off, USFIA victims can probably except a claims process to go live before mid 2018. In his January 29th Tenth Interim Report, the USIFA Receiver claims he’s...
View ArticleBit-Trade Review: Cryptocurrency trading 250 day ROI Ponzi scheme
Bit-Trade operate in the MLM cryptocurrency niche and claim to be based out of Vancouver, Canada. Supposedly heading up the company is Philippe Nicolas. A stock image of a white guy in a suit in used...
View ArticlePlatinam Capital Review: Cancer medication = 300% ROI in 45 days?
Platinam Capital provide no information about who owns or runs the company on their website. The Platinam Capital website domain (“platinam.org”) was privately registered on November 6th, 2017. An...
View ArticleBitcoiin Review: B2G pump and dump altcoin
Bitcoiin provide no information on their website about who owns or runs the business. The Bitcoiin website domain (“bitcoiin.com”) was initially registered back in August, 2015. The domain appears to...
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