Argent Global confirm regulatory issues behind payout delays
Like most of the schemes forged in the aftermath of TelexFree’s billion dollar Ponzi meltdown, Argent Global’s top priority was establishing itself where they believed they’d be out of reach of US...
View ArticleHexClick Review: $25 to $25,000 Ponzi investment
There is no information on the HexClick website indicating who owns or runs the business. HexClick has a “Who we are?” page on their website, however only the following vague marketing copy is...
View ArticleWCM777 Receiver outlines investor claim plans
Those who invested and lost money in WCM777 have had a long wait for updates. A Receivership was appointed back in March, but other than a report that detailed the extent of Phil Ming Xu’s fraud,...
View ArticleZeek Rewards insider and net-winner settlements update
An update from the Zeek Rewards Receveirship today concerning insider and net-winner settlements. At the time of publication, all insiders bar Darryle Douglas have entered into settlements with the...
View ArticleeYellows Review: Cloned AiYellow business directory?
When I started researching eYellows, I had immediate flashbacks to AiYellow. Yellow themed business directory playing off of the Yellow Pages name with a primarily Spanish-speaking target demographic?...
View ArticleCarlos Costa loses Federal Deputy election bid
It was always a bit ridiculous that the owner of a billion dollar Ponzi scheme fancied himself a viable candidate for Federal Deputy… but it was one we had to watch play out nonetheless. Widely seen as...
View ArticleA sick joke? Robert Craddock publishes Zeek Rewards book.
Out of all the people on the planet who might pen a book about Zeek Rewards, arguable none would be less qualified to do so than Robert Craddock. Craddock, an investor in the Zeek Rewards, was hired by...
View ArticleArbonne Review: Interesting comp plan, erroneous retail
Arbonne launched its network marketing business in 1980 and operate in the personal care MLM niche. Based out of the US state of California, Arbonne was originally founded in Switzerland by Petter...
View ArticleMGH Global Vision Review: Anti-cancer & matrix recruitment
MGH Global Vision list two offices on their website, a “head office” in Thailand and a “corporate office” in India. The email address used for both offices points to MGH Global Vision’s Indian domain,...
View ArticleTelexFree civil stay of discovery granted, dismissals denied
Early last month the Department of Justice, who are currently handling criminal proceedings against TelexFree owners James Merrill and Carlos Wanzeler, asked the District Court of Massachusetts to...
View ArticleModere Review: Neways autoship focus retained
Although you won’t find any mention of Neways on Modere’s website, Neways was sold off in 2013 and Modere is its latest incarnation. As revealed on an offsite prelaunch page, Modere is the total...
View ArticleSPX Nutrition Review: Nutri-Thin relaunched?
SPX Nutrition launched a few months back and are based out of the US state of Utah. Operating in the MLM weight-loss niche, SPX Nutrition is headed up by President Rick Wall. As per Wall’s SPX...
View ArticleMovineo Review: TelexFree WCM777 Ponzi hybrid
There is no information on the Movineo website indicating who owns or runs the business. The company claims to be headquartered in Spain, however it appears to be primarily targeted at a Brazilian...
View ArticleUltimate Cycler Review: Peter Wolfing’s latest cycler scam
Ultimate Cycler launched in 2013 and on its website names Peter Wolfing as CEO. In the footer of the Ultimate Cycler website a copyright claim by “Beyond Multiplex Systems” is present. Peter Wolfing is...
View ArticleCrowd4x Review: Wealth4AllTeam attempt a forex Ponzi
There is no information on the Crowd4x website indicating who owns or runs the business. The Crowd4x website domain was registered on the 10th of March 2014, however the domain registration is set to...
View ArticleWhat is Genesis Acquisitions International?
Had a request to look into something called Genesis Acquisitions International from a reader. Doesn’t seem to a website available and there’s talk of investments, NDAs, real-estate in Kentucky, SEC...
View ArticleClar8ty Review: Nutrigenomics and recruitment
Clar8ty launched in late 2013 and operate in the health and wellness MLM niche. Operating out of the US state of California, Clar8ty was founded by Robin Hoffman Haack. According to Haack’s Clar8ty...
View ArticleChanges Trading owner apologizes for payout delays
Modeled on the failed Ponzi scheme Bids That Give, Changes Worldwide initially launched in late 2013 as a $25,000 revenue-sharing scheme. For whatever reason, that didn’t last long and a few months...
View ArticleLiberty Reserve Founder extradited to US
Against the backdrop of payment processors continuing to provide services to the MLM underbelly’s shadiest of schemes, the Liberty Reserve money laundering case continues. Once describing itself as...
View ArticleRobert Craddock’s sordid post Zeek Rewards conduct
In the aftermath of the Zeek Rewards Ponzi scheme, Robert Craddock (right) self-styled himself as a major player in hustling of disenfranchised investors into new reload schemes. Craddock did this...
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