Michael Sander helps ViziNova run offshore Ponzi
Last month saw the publication of a BehindMLM review on startup MLM opportunity ViziNova. Launched by WCM777 Ponzi kingpin Renato Rodrigues and accepting $1000 to $3000 investments from affiliates on...
View ArticleClick Prime 8 Review: $150 – $4000 investment scheme
Click Prime 8 launched in early 2014 and operate in the advertising MLM niche. The Click Prime 8 website domain (“clickprime8team.com”) was registered on the 13th of February and lists an “Inovative...
View ArticleKaratbars International Review: Gold and recruitment
Karatbars International launched in 2011 and claim to be based out of Stuttgart, Germany. The company’s website domain registration however paints a different picture, with “karatbars.com” being...
View ArticleUnity Club: Global Unity Ponzi scheme refuses to die
Global Unity is probably the most direct successor of the WCM777 Ponzi scheme. When the regulatory heat got too much for founder Phil Ming Xu, he put out a message saying he’d sold the business to some...
View ArticleTelexFree Court Status – 29th April 2014
As we barrel towards the May 2nd showdown in the Nevada bankruptcy court, two additional filings were made on Monday the 29th. Also of note was a new cease and desist issued in the US state of Montana....
View ArticleStrizheus: Problems for Empower Network in South Dakota?
Big Idea Mastermind is the marketing system developed for and used by Vick Strizheus’ Empower Network downline. Launched in 2012, today Big Idea Mastermind (BIM), is “the number one team in Empower...
View ArticleDe La Rosa & Crosby preliminary injunction granted
A sign of what’s to come on May 2nd? Following a hearing on April 25th and despite responses being filed in protest by both Randy Crosby and Santiago De La Rosa, on the 30th of April the Massachusetts...
View ArticleTelexFree Court Status – 30th April 2014
The big news on the 30th was the granting of a preliminary injunction against TelexFree top pimps Santiago De La Rosa and Randy Crosby. In addition to this order, which was handed down in...
View ArticleTelexFree Court Status – 1st May 2014
Any notion that we’d be in for a quiet few days before the giant May 2nd hearing were dashed when I woke up to see some twenty something new filings had been made. As the flurry of objections and...
View ArticleScheduling for May 2nd TelexFree bankruptcy case
As per the court-issued schedule, here is the list of fourteen motions, applications and objections to be heard today in the TelexFree bankruptcy case. 1. Motion to change venue of bankruptcy...
View ArticlePonziTracker TelexFree May 2nd bankruptcy hearing live updates
Our thanks to PonziTracker for live updates on what’s going on inside the court room as the TelexFree bankruptcy hearing takes place. Note that additional sources/reporting may appear below. 12:20...
View ArticleTelexFree May 2nd bankruptcy recap, what now?
As Jordan Maglich’s cell phone battery began to die, we wound up BehindMLM’s eight-hour coverage of the May 2nd bankruptcy proceedings. Absolute kudos to PonziTracker and Maglich, who wound up being...
View ArticleGerry Nehra & i-Payout named in TelexFree class-action
On the eve of Judge Landis’ decision that will decide whether Ponzi schemes are able to claim bankruptcy protection, lawyers acting on behalf of TelexFree affiliates have filed a class-action lawsuit...
View ArticleHong Kong police launch BLGM investigation
Despite reports of Better Living Global Marketing failing to pay affiliates for months now, it’s an opportunity that continues to push on. A relic of the Zeek Rewards penny auction Ponzi scheme craze,...
View ArticleUpdate on Zeek Rewards net-winner clawbacks
Last we checked in with the ongoing battle between Zeek Rewards’ top Ponzi pimps and the court-appointed Receiver, they were arguing about the particulars of discovery. Looking to bog down the...
View ArticleTelexFree bankruptcy suspended pending Massachusetts move
The notion that a global Ponzi scheme be able to file bankruptcy in a state it registered a shell company in, solely to evade financial, criminal and civil liabilities for the running of said Ponzi...
View ArticleTelexFree’s redundant argument against prelim injunction
In a nail-bitingly suspenseful hearing yesterday, Judge Landis ordered TelexFree’s Chapter 11 bankruptcy application be moved from Nevada to Massachusetts. And in the meantime, the Nevada bankruptcy...
View ArticleTelexFree insiders try to cut prelim injunction deals
Now that TelexFree’s bankruptcy proceedings are all but dead, attention has shifted onto pending and ongoing regulatory action in the state of Massachusetts. Charged with being a Ponzi and pyramid...
View ArticleWakeUpNow blow through almost $8 million in two years
Despite the retail offering of third-party products and services, WakeUpNow had to force affiliates to focus on retail sales by introducing mandatory retail subscription quotas late last year. This was...
View ArticleInterBBOM Review: BBOM Ponzi scheme’s obvious reboot
BBOM, the trading name of “Embrasystem Technology Systems” was a Ponzi scheme shut down by Brazilian authorities in July 2013. Owned by João Francisco de Paulo, who also served as company President,...
View Article