Amway India CEO arrested (again)
Following a complaint filed in August last year against Amway, its Indian CEO, William Pinckney, has once again been arrested. The latest complaint was filed in the Indian state of Andrhra Pradesh,...
View ArticleTelexFree want Stuart MacMillan retained as bankruptcy mole
Two days ago saw the latest TelexFree bankruptcy hearing take place, with the outcome being the almost certainty that TelexFree’s management and owners would lose control of the company. In their place...
View ArticleFirst Zeek Rewards payments to go out September 30th
On the 28th of May, the Zeek Rewards Receivership filed a Motion to “authorize first interim distribution” of payments to Zeek Rewards victims. The Motion is specifically limited to payments being made...
View ArticleBanners Viewer Review: $21,250 cloud storage? Cmon.
There is no information on the Banners Viewer website indicating who owns or runs the business. The Banners Viewer website domain (“bannersviewer.us”) was registered on October 22nd 2013, however the...
View ArticleGold4Change Review: 1,000,000 EUR gold investment?
There is no information on the Gold4Change website indicating who owns or runs the business. The Gold4Change website domain (“gold4change.com”) was registered on April 5th 2011, but only lists...
View ArticleEMSquared Review: Mannatech charity opp spinoff?
The company name “EMSquared” is derived from the concept of “eradicating malnutrition”, using the “squared” efforts of a group. And with the name explained, you’re pretty much getting the thrust behind...
View ArticleMerrill: Carlos Wanzeler “fled” US to “avoid prosecution”
Resentment over TelexFree co-owner Carlos Wanzeler’s escape to Brazil and leaving of his partner-in-crime James Merrill to take the fall, might finally be starting to show. As it became clear...
View ArticleBurnLounge appeal denied, still a pyramid scheme.
Shut down in 2007, BurnLounge was just before my time covering the MLM industry. For those unfamiliar with the company, launched in 2004, BurnLounge consisted of affiliates (Moguls) purchasing...
View ArticleSEC slam Sloan’s porky pie “nonsense”
Two days ago Faith Sloan filed a motion with the District Court of Massachusetts, asking the court to grant her until June 29th to file a reply to the SEC’s preliminary injunction against her. Trouble...
View ArticleSEC: TelexFree is “disturbingly cult-like”
Yesterday saw the filing by TelexFree co-owner James Merrill, asking the District Court of Massachusetts to grant him pre-trial release. Charged with wire fraud for his part in the running of a $1...
View ArticleStem Vida International Review: Stem cell health & beauty
There is no information on the Stem Vida International website indicating who owns or runs the business. The Stem Vida website domain (“stemvidainternational.com”), was registered on the 25th of May...
View ArticleNexxStars Review: $349 – $1499.50 investments
NeXXStars launched around April 2014 and are based out of the US state of Texas. Heading up NexxStars is CEO Brad Cook. In his NexxStars corporate bio, Cook claims his first exposure to network...
View ArticleSloan files “I knew nothing!” Motion to Dismiss
Unhappy with being named a defendant in the SEC’s civil case against TelexFree, Faith Sloan, one of the schemes top promoters, has filed a Motion to Dismiss the SEC’s case against her. Despite being...
View ArticleNorway: “Lyoness does not engage in illegal activities”
Never a dull moment in this industry! Last December the Norwegian Gaming Board launched an investigation into Lyoness. The aim of the investigation was ‘to assess whether (Lyoness) is an illegal...
View ArticleInfusionSoft cut off ILN for being “get rich quick scheme”
Readers began contacting BehindMLM late last week advising that Internet Lifestyle Network affiliates were locked out of their InfusionSoft accounts. InfusionSoft play a critical role in the day-to-day...
View ArticleSureWin4u Review: a 100% win baccarat strategy?
SureWin4u appears to operate out of Malaysia and seems to have launched in 2011. Credited as the CEO of SureWin4u on their website is a “Peter Ong”. Ong actual name is “Ong Kean Suan”, as identified in...
View ArticleWorldWide Solutionz to register with the SEC?
In a May 29th corporate blog post, Willem Laubscher introduced himself to WorldWide Solutionz affiliates as the company’s new Chief Financial Officer (CFO). I started my own accounting practice in the...
View ArticleEternyon Review: $100 – $2400 Ponzi investment scheme
There is no information on the Eternyon website indicating who owns or runs the business. The company does have an “About Us” page, but only the following vague marketing copy is provided: Eternyon is...
View ArticleLaunchV Review: Vappnet reboots after failed 2013 launch
The original idea behind Vappnet was to pay affiliates a percentage of prize money won by customers and affiliates playing games on “Vappey”, Vappnet’s gaming platform. Vappnet’s product is a “games...
View ArticleSEC use Sloan’s Post TelexFree activity against her
Hat in hand, Faith Sloan approached the Massachusetts District court to ask them to release $15,800. In her June 10th motion, Sloan claimed she has been unable to pay for her food, her rent and her...
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