Globally Positioned Partners Compensation Plan v2.0 Review
When I first reviewed Globally Positioned Partners back in December of 2014, one of the key issues of concern identified was affiliates being the main purchasers of product. Earlier this month I was...
View ArticleMagnetic Gratitude Review: $580 matrix-based Ponzi scheme
There is no information on the Magnetic Gratitude website indicating who owns or runs the business. The Magnetic Gratitude website domain (“magneticgratitude.com”) was registered on the 30th of January...
View ArticleClub9xAds Review: $3 revenue-sharing micro Ponzi
There is no information on the Club9xAds website indicating who owns or runs the business. The Club9xAds website domain (“club9xads.com”) was registered on the 6th of April 2015, however the domain...
View ArticleuFun Club Bangkok Marina & Spa units seized
In yet another PR disaster for uFun Club, new today that Thai police have seized a hundred Bangkok Marina units the scheme’s operators had previously invested in. The $5 million investment was made so...
View ArticleDesperation drives Herbalife affiliate to death threats?
I couldn’t make this stuff up if I tried… I’m trying not to read too much into this story, but it appears a desperate Herbalife affiliate wasn’t too happy when one of their customers wanted out....
View ArticleMalaysian political scandal delaying uFun Club investigation?
At the time of publication, some four complaints against uFun Club have been registered in Malaysia. Authorities are reported to be investigating the complaints, but by and large there’s a noticeable...
View ArticleMalaysian Prime Minister’s son linked to uFun, untouchable?
I have to give full credit to my readers for this one, as without their research there would be no story. Two weeks ago now we saw the arrest of several individuals involved with uFun Club’s Thai...
View ArticleThai police seize more uFun assets, Ponzi party in Malaysia
The regulatory reaction to uFun Club in Thailand and Malaysia couldn’t be any more different. Thailand cracked down on the $1.17 billion dollar Ponzi scheme over two weeks ago. Since then millions of...
View ArticleDefault judgement sought against Gilmond & Napier
Following the denial of motions to dismiss clawback litigation filed against them, Trudy Gilmond and Jerry Napier have ceased co-operating with the court-appointed Receiver. In response, Zeek Rewards...
View ArticleZeek Receivership’s 4th Quarter 2014 Fees & Expenses report
Intended to be a summary of the financial status of the Zeek Receivership as of December 31st 2014, the Reciever’s latest fees and expenses report nonetheless provides us with some new tidbits of...
View ArticleWorldVentures an “illegal business” in Malaysia
Prior to a regulatory investigation into the company in late 2014, WorldVentures in Malaysia boasted a purported 20,000 strong affiliate-base. Things began to unravel in September though, when local...
View ArticleMalaysian police contacted about uFun Club on April 16th?!
Despite being put on the Central Bank of Malaysia’s blacklist last June, uFun Club has continued to flourish in Malaysia. Local regulators and authorities have yet to take any action against the...
View ArticlePro Travel Plus Review: Seth Fraser & travel recruitment opp
There is no information on the Pro Travel Plus website indicating who owns or runs the business. The Pro Travel Plus website domain (“protravelplus.com”) was registered on the 12th of January 2015,...
View ArticleEmGoldex on Central Bank of Malaysia investment blacklist
The Central Bank of Malaysia are the primary financial regulator for the Malaysian economy. As Malaysia’s Central Bank, Bank Negara Malaysia promotes monetary stability and financial stability...
View ArticleMillion Dollar Cycler Review: $10-$97 Ponzi investment
There is no information on the Million Dollar Cycler website indicating who owns or runs the business. The Million Dollar Cycler website domain (“million-dollar-cycler.com”) was registered on the 19th...
View ArticleProfit Advertz Review: $5-$100 five-tier matrix subscriptions
There is no information on the Profit Advertz website indicating who owns or runs the business. The Profit Advertz website domain (“profitadvertz.com”) was registered on the 5th of April 2015, with a...
View ArticlePowerline Profit Review: $37 cash gifting
There is no information on the Powerline Profit website indicating who owns or runs the business. The Powerline Profit website domain (“powerlineprofit.com”) was registered on the 11th of February...
View ArticleTwizSales Review: $5 Global Profit Share investments
There is no information on the TwizSales website indicating who owns or runs the business. The TwizSales website domain (“twizsales.com”) was registered on the 27th of November 2014, with “Ufoma Makpe...
View ArticleBitClub Network out of funds? ClubCoin announced…
Putting aside the fact that BitClub Network simply take newly invested funds and use it to pay off existing investors, the ruse behind the scheme is that BitCoin mining will somehow consistently...
View ArticleuFun Club prosecutions expected later this week
The number of uFun Club investor complaints in Thailand has risen to almost three hundred, with 292 affiliates having filed claims for 110 million BHT ($3.3 million USD). The latest figures were...
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