Roger Langille ditches DS Domination
The trouble with recruitment-driven schemes is that they rarely survive the two-year mark. For whatever reason, two years is about the time an MLM opportunity dependent on recruitment begins to falter,...
View ArticleRipple Labs fined $700,000. MLM cryptocurrencies?
If you’re wondering why there hasn’t been an MLM cryptocurrency established in the US yet, it’s because it’s much easier to get away with running a Ponzi scheme in countries where financial regulation...
View ArticleuFun Club failed to pay taxes in Thailand
Everyone has to pay taxes… even Ponzi schemes. Yet despite telling their investors they were setting aside funds to do so, turns out uFun Club failed to pay a cent to Thailand’s Revenue Department....
View ArticleCanada issues DFRF Enterprises investment fraud warning
In what appears to be the result of the first confirmed regulatory investigation into DFRF Enterprises, the British Columbia Securities Commission has issued an investor fraud warning. In an alert...
View ArticleRuja Ignatova’s OneCoin Forbes cover a paid advertisement?
Modeled on the Zeek Rewards Ponzi points business model, OneCoin are currently doing everything they can to divert attention away from the inner workings of their compensation plan. Of late these...
View ArticleZeek Receiver sues investors across eight additional countries
We’d only just reported that the Zeek Rewards Receiver was looking to ‘to file lawsuits against foreign net winners in additional countries during the second quarter of 2015‘. Little did we know that...
View ArticleExcelerated Leverage Review: Dual feeder revenue-share
There is no information on the Excelerated Leverage website indicating who owns or runs the business. The Excelerated Leverage website domain (“exceleratedleverage.com”) was registered on the 18th of...
View ArticleMicro Shares Review: Russian-based 10 cent micro Ponzi
There is no information on the Micro Shares website indicating who owns or operates the company. The Micro Shares website domain (“micro-shares.com”) was registered on the 13th of June 2014, however...
View ArticleOminto: Dubli drops disastrous branding?
After lying dormant in the MLM sector following the flop of their penny auction model some years ago, Dubli exploded back on the scene mid last year. Seemingly out of nowhere, I remember being...
View ArticleLet Us Close Prelaunch Review: Lead closing marketing opp?
There currently no information on the Let Us Close website indicating who owns or operates the company. The website does have an “about us” blurb, however only the following vague marketing spiel is...
View ArticleThailand and Malaysia team up to investigate uFun Club
We’d heard rumblings of a meeting between Thai and Malaysian police supposedly taking place either earlier today or yesterday, but as of yet no further news had materialized. Speaking to Thai media...
View ArticleGeosol denounce any ties with DFRF Enterprises
If you don’t know who Geosol are, they’re based out Brazil and claim to be a company that started its activities in the summer of 53 in coal mines, and became a world leader in drilling services. It is...
View ArticleHappyHour4YourWallet Review: $39 cash gifting
There is no information on the HappyHour4YourWallet website indicating who owns or runs the business. Instead, a blurb in the footer of the HappyHour4YourWallet website reads: Happy Hour 4 Your Wallet...
View ArticleJeunesse takes over Monavie, employees get shafted?
Monavie as it stands is but a shell of its former itself. Mid 2014 saw founders Dallin Larsen, Randy Larsen and Henry Marsh abandon ship, leaving Mauricio Bellora remaining in charge as CEO. Buying up...
View ArticleRapid Cycler Review: Revenue-sharing cycler hybrid
There is no information on the Rapid Cycler website indicating who owns or runs the business. The Rapid Cycler website domain (“rapidcycler.com”) was registered on the 14th of April 2015, however the...
View ArticleNos Web India: New ways, new thoughts but same old Ponzi
There is no information on the Nos Web India website indicating who owns or runs the business. The NOS Web India website domain (“noswebindia.com”) was registered on the 23rd of May 2014, listing a...
View ArticleuFun accountant’s third property seized, victims climb to 1000
When uFun Club accountant Namonpan Thara-bundit was caught attempting to flee Thailand for Laos, she told police that she tried to quit the business after noticing alleged irregularities in UFUN...
View ArticleTri-Ads Review: Nineteen tiers of matrix cycler Ponzi
There is no information on the Tri-Ads website indicating who owns or runs the business. The Tri-Ads website domain (“tri-ads.com”) was registered on the 3rd of February 2015, listing a “James Lawson”...
View ArticleFamilyFunCycler Review: $3 six-tier matrix subscription Ponzi
There is no information on the FamilyFunCycler website indicating who owns or runs the business. The FamilyFunCycler website domain (“familyfuncycler.com”) was registered on the 10th of April 2015,...
View ArticlePalonius Review: $25 nine-tier matrix cycler Ponzi
The only mention of the owner of Palonius is the following sentence that appears on the company’s website: From the Desk of Mr.Alen, CEO PALONIUS The Palonius domain meanwhile (“palonius.com”) was...
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