Pedro Fort defaults in SEC’s Fort Ad Pays fraud case
Following a failed bid to have tax-payers fund his defense, an entry of default has been recorded against Pedro Fort and Fort Ad Pays. Last November the SEC sued Fort for running the Fort Ad Pays. Fort...
View ArticleNerium International permitted to sell third-party products
Nerium Skincare’s lawsuit against Nerium International dates back to 2016. Based on an agreement, Nerium International is supposed to only market and sell products developed by Nerium Skincare. In...
View ArticleGroceryBit Review: My Freedom Grocer reboot with bitcoin
GroceryBit operate in the e-commerce MLM niche and provide a suite address in Arizona on their website. A Google search reveals a number of businesses operating out of the same address, suggesting it...
View ArticleThe Travel Party Review: iTravel Party’s 3rd reboot goes full crypto Ponzi
The Travel Party is the third reboot of the twice failed iTravel Party scheme. iTravel Party first surfaced in 2015 and is owned and operated by CEO Daniel Butts. Butts first appeared on BehindMLM as...
View ArticleChinese authorities differentiate OneCoin points from legitimate crypto
We’ve been covering the Chinese investigation into OneCoin since April, 2016. Owing to Ruja Ignatova’s roots with BigCoin, a similar Ponzi points scheme that primarily targeted Asia, China initially...
View ArticleBitcaw Trading threatens to sue Hawks over BTC Global Team assoc.
In response to South Africa’s Hawks investigating links between Bitcaw Trading and BTC Global Team, the company’s lawyers have threatened to sue the Directorate for Priority Crime Investigation (DPCI)....
View ArticleDD Futures Review: Hedge fund management eight-tier Ponzi scheme
DD Futures provide no information on their website about who owns or runs the company. The DD Futures website domain (“ddfutures.com”) was first registered in 2016. The registration was recently...
View ArticleCryptoRound Review: Cryptocurrency mining daily ROI Ponzi scheme
CryptoRound provide no information on their website about who owns or runs the business. The CryptoRound website domain (“cryptoround.biz”) was privately registered on May 20th, 2018. CryptoRound...
View ArticleBitworld Center Review: 300% ROI bitcoin mining and trading Ponzi
Bitworld Center provide no information on their website about who owns or runs the business. The Bitworld Center website domain (“bitworldcenter.company”) was privately registered on April 2nd, 2018....
View ArticleWestland Storage Review: Crypto Ponzi with WLS token exit-scam
Westland Storage provides no information on its website about who owns or runs the business. The Westland Storage website domain (“westlandstorage.com”) was first registered in 2005. The registration...
View ArticleAvalon Life abandons Canadian IPO, blames affiliates
Avalon Life started out in 2016 as an AVLX altcoin investment scheme. AVLX didn’t go anywhere and was abandoned about a month after launch. In mid 2017 Avalon Life rebooted as a Dash mining...
View ArticleMBI International founder Teddy Teow charged with financial fraud
The Bank of Malaysia has charged MBI International Ponzi boss Teddy Teow with two counts of financial fraud. Following initiation of an internal investigation, the Bank of Malaysia added MBI...
View ArticleMazebits Review: Bitfinite ICO lending Ponzi reboot
Mazebits provide no information on their website about who owns or runs the business. The Mazebits website domain (“mazebits.co”) was privately registered on January 25th, 2018. Further research...
View ArticleComodius Bank Review: Onix Ponzi points investment scheme
Comodius Bank operated in the cryptocurrency MLM niche and claims it was established in 1994. This is easily debunked with a quick domain check, which reveals the Comodius Bank website domain...
View ArticleBitdax Global Review: Token-based cryptocurrency Ponzi scheme
Bitdax Global claim to be a Fintech institution registered offshore to provide research, financial partnerships to blockchain start ups and in housed developers in AI Application in trading. The only...
View ArticleZhunrize Vodaware settlements, Todd Spencer still fighting
In late 2017 the Zhunrize Reciever filed suit against Vodaware. Vodaware was essentially a shell company set up to assist in the operation of Zhunrize. Ironically the company’s initial cooperation with...
View ArticleIQ Chain Review: Ormeus Global Ponzi spinoff?
Ormeus Global launched last year as a trading bot 160% ROI Ponzi scheme. As MLM cryptocurrency schemes are want to do, Ormeus Global also launched its own pump and dump altcoin. Ormeus Coin began...
View ArticlePHP Agency Review: Life insurance & recruitment?
PHP Agency was launched in 2009 and operates in the insurance MLM niche. The company is based out of Texas and headed up by CEO and Founder, Patrick Bet-David. As far as I can tell, Bet-David (right)...
View ArticleNorway reaffirms Lyoness illegal pyramid scheme decision
Any hope Lyoness changing its name to myWorld would reverse an earlier ban have been dashed, after the Norwegian Gaming Board reaffirmed Lyoness is an illegal pyramid scheme. Following a second...
View ArticleEarn Easy Commissions Review: Pay to play internet marketing
Earn Easy Commissions reference someone in charge by the name of “Chuck”. Further research reveals this to be Chuck Nguyen, who on Twitter cites himself as an “Aussie internet marketer”. In late 2016...
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