Nerium seek to stop former Master Distributors from raiding for Jeunesse
One of the more disturbing allegations in Mark and Tammy Smith’s lawsuit against Nerium, was the calculated poaching of Prepaid Legal distributors. When Nerium founder Jeff Olson first approached the...
View ArticleNoble 8 Revolution gearing up to scam “nearly 25,000” investors
Rather than acknowledge a matrix Ponzi cycler is a zero sum game (money in == money out), Blaine Williams, Mark Campese and Jim Anderson are trying to distance themselves from previously made refund...
View ArticleScott Warren endorses Crypto World Evolution unregistered securities?
Scott Warren is a named partner in the Wellman & Warren law firm. Warren is widely recognized as an attorney that focuses on MLM related matters… which makes his alleged “endorsement” of Crypto...
View ArticleTurkish authorities name and shame 19 audited pyramid schemes
The collapse of the Farm Bank Ponzi scheme in Turkey has sparked investigations into sixty-five companies. Thus far thirty investigations have been completed, with the Ministry of Trade claiming...
View ArticleScott Warren’s Crypto World Evolution securities memo is deeply flawed
In my almost ten years of covering the industry, I’ve come to realize that if an MLM company tries to convince you they’re not selling securities – then they probably are. This of course isn’t a hard...
View ArticlePayza terminate US payment processing, status of client funds unknown
The latest move by Payza co-founder and fugitive Firoz Patel, has been to terminate payment processor services to US residents. It appears now, like Patel, Payza itself is on the run from US...
View ArticlePedro Fort’s dismissal denied, jury trial scheduled for September
In late 2017 the SEC filed charges against Ponzi admin Pedro Fort Berbel. Fort, a Spanish citizen, stands accused of causing $38 million in investor losses through his Fort Ad Pays, The Business Shop...
View ArticleFTC vs. Dluca, Gatto, Pinkston & Chandler close to prelim injunction
Back in February the FTC sued serial MLM scam promoters Thomas Dluca, Louis Gatto, Eric Pinkston and Scott Chandler. On March 12th an ex-parte Temporary Restraining Order was granted, freezing Dluca,...
View ArticleKannaway accused of “illegal pyramid sales” of cannabis oil in Belgium
We’re a bit late to this one, but earlier this month Kannaway was accused of illegally selling cannabis oil in Belgium. A March 19th report in Het Laatste Nieuws (HLN), Belgium’s top newspaper, accuses...
View ArticleMintage Mining claim to be “pre-compliant” with SEC regulation
Mintage Mining is purportedly a partnership between David Childs (cited as owner of the company) and Darren Olayan, CEO of Nui. BehindMLM reviewed Mintage Mining last December. We came to the...
View ArticleMMM Global’s Sergey Mavrodi dead of a heart attack at 62
When I first learned of Sergey Mavrodi’s passing earlier today, my first reaction was “What is he pulling this time?” Such has been the staying power of Mavrodi’s MMM Global since it first popped up in...
View ArticleWill the UK ever regulate rampant Companies House registration fraud?
The level of MLM company registration fraud taking place in the UK is such that, whenever you see a Companies House certificate paraded about as proof of legitimacy, save yourself some time and just...
View ArticleBitcoiin collapses, admins do a runner after $75 million B2G ICO
A week after BehindMLM reported Bitcoiin was continuing to violate a securities fraud cease and desist, the company has collapsed. Over $75 million is believed to have been invested during Bitcoiin’s...
View ArticleUSI-Tech’s BTC Packages & Techcoin banned in Quebec, Canada
Following an internal investigation into USI-Tech, on February 23rd Quebec’s Autorité des marchés financiers (AMF) filed for a securities fraud cease and desist. The cease and desist named USI-Tech and...
View ArticleZeek Receiver wins VictoriaBank appeal, $13.1 mill clawback resumes
The Zeek Rewards Receiver is one step closer to recovered $13.1 million in stolen investor funds, following the reversal of a District Court decision. The Receiver has been locked in a struggle with...
View Article4300% annual ROI touted through Ormeus Global ORME investment
Whereas the cryptocurrency market has more or less been in a slump since January, Ormeus Global’s ORME altcoin is currently pumping. This isn’t that unusual, as MLM altcoins can be insulated from...
View ArticleZukul Trader Review: Zukul to reboot as crypto trading scheme
Zukul launched in 2014 and is headed up by co-founders Jeremy Rush and Michael Bloom. BehindMLM first reviewed Zukul in 2016, finding its business model to be that of a subscription-based pyramid...
View ArticleOrmeus Global commissions not paid “for over a year”?
Within hours of publishing yesterday’s article quoting a recent Ormeus Global marketing pitch by Troy Rejda, we received a legal threat from Mark Pooser. Pooser claimed our quoting a marketing pitch by...
View ArticleDetail MaxiNet SEO Ponzi scheme busted in Turkey
An ongoing crackdown on scams operating in Turkey has lead authorities to shut down another Ponzi scheme, this time Detail Maxinet. Known locally as “Detay MaxiNet”, Detail MaxiNet affiliates invest...
View ArticleViridian settles deceptive marketing & sales tactics allegations for $5 mill
BehindMLM reviewed Viridian last December. One of the primary concerns raised was a potential lack of retail viability due to high service costs. Turns out we were onto something. Earlier today the...
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