E&Y audit of TelexFree reveals evidence of Ponzi scheme
Much importance has been placed on the Ernst & Young report on TelexFree that was due out this month. Despite the SEC’s case against TelexFree, criminal proceedings currently taking place against...
View ArticleZeek Receiver sues net-winners in New Zealand & BVI
One of the long-standing commitments of the court-appointed Zeek Rewards Receiver has been to go after net-winners who reside outside of the US. In addition to having already sued net-winners in Canada...
View ArticlePolynesian regulators issue iGetMania warning
News today from Polynesia, where local regulators have issued a warning to GetEasy and iGetMania investors. Too little too late now that GetEasy and iGetMania have collapsed (read: those who made money...
View ArticleWakeUpNow file $70 million lawsuit against Kirby Cochran
When reports surfaced last week of Wake Up Now having gone bankrupt, one of the first things I did was check to see if anything official had been filed in court. A search of Pacer turned up nothing, so...
View ArticleAchieve Community shut down, criminal charges pending
I wasn’t sure if this was going to go down till next week, but it seems things have escalated in the last 24 hours and Achieve Community is no more. As per an update published by Achieve Community...
View ArticlePhilippines SEC issues EmGoldex investment warning
With attempts to solicit US investors into the EmGoldex Ponzi scheme thwarted by regulators last year, the scheme’s affiliates (who are mostly based out of Europe) have begun to target Asian countries....
View ArticleTH Tronics Review: DealExtreme rebadged as MLM?
There is no information on the TH Tronics website indicating who owns or runs the business. On the TH Tronics website, the company claims We are a company engaged in e-commerce since 2005. Despite...
View ArticleMillions Network Review: $25 Ponzi / pyramid hybrid scheme
There is no information on the Millions Network indicating who owns or runs the business. The Millions Network website domain (“millionsnetwork.com”) was registered on the 27th of January 2015, however...
View ArticleAutomatic Mobile Cash Review: AppMarketCash Ponzi reboot
There is no information on the Automatic Mobile Cash website indicating who owns or runs the business. The Automatic Mobile Cash website was registered on the 13th of January 2015, however the domain...
View ArticleAdzBrooks Review: RevAdz micro-Ponzi reboot
There is no information on the AdzBrooks website indicating who owns or runs the business. The AdzBrooks website domain was registered on the 11th of December 2014, however the domain registration is...
View ArticleAdvert-Force Review: $10 revenue-sharing & matrix cycler
There is no information on the Advert-Force website indicating who owns or runs the business. The Advert-Force website domain (“advert-force.com”) was registered on the 21st of August 2014, however the...
View ArticleBitCloud Academy Review: Another BitCoin pyramid scheme?
There is no information on the BitCloud Academy website indicating who owns or runs the business. The company’s website does have an “about us” section, however only the following vague marketing spiel...
View ArticleVisalus hacking espionage leads to indictment & arrests
Back in 2013 one of the more alarming MLM stories to surface was the case of hacking and corporate espionage between Visalus and Ocean Avenue. As per a lawsuit filed by Ocean Avenue, Visalus hired a...
View ArticleSEC shut down $3.8M Achieve Community Ponzi scheme
Following a statement from Achieve Community co-owner Troy Barnes claiming that the SEC was on his tail, comes the expected news today that the agency has indeed shut down Achieve Community. In a...
View ArticleWakeUpNow formally terminate US MLM operations
The manner in which WakeUpNow’s demise in the US has been handled has been nothing short of spectacularly incompetent. We first got a whiff something was up when top affiliates in the company began...
View ArticleBahrain bans MLM (network marketing)
I’m not sure how big the MLM industry was there, but news reports out of Bahrain claim that MLM opportunities have been banned. Bahrain is a small island nation in the Persian Gulf, with an estimated...
View ArticleHerbalife caught up in Hong Kong product investment scam
This one’s a bit of an odd story, in that for once Herbalife themselves aren’t directly involved in controversy surrounding the company. Well, sort of. Reports out of Hong Kong a few days ago detail...
View ArticleTrinity Lines in denial over Achieve Community shut down
If you’ve read even just one review here at BehindMLM on a matrix cycler scheme, you’d know that unequivocally these opportunities are identified for what they are: Ponzi investment schemes. The recent...
View ArticleMessina and PMX Jewels ordered to pay WCM777 Receiver
Two recent satisfying decisions in the WCM777 case has seen Vincent Messina, his relative’s company International Market Ventures and PMX Jewels ordered to return stolen investor funds. For those...
View ArticleMo Brabus Review: $5 Ad Pack Ponzi investment scheme
There is no information on the Mo Brabus website indicating who owns or runs the business. The Mo Brabus website does have an “about us” page, however at the time of publication the link returned a...
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