OneCoin top investors paid millions to join?
Disclosure is something often overlooked in the promotion of MLM opportunities. In an industry where you’re actively promoting a business opportunity on the premise that anyone can be successful,...
View ArticleFX United warning issued by New Zealand’s FMA
BehindMLM reviewed FX United back in February. With a passive 150% ROI offered on $300 to $10,000 investments, FX United raised some serious compliance issues. The sum total of (FX United) is an...
View ArticleBigCoin & BNA: The original OneCoin Ponzi points
In late 2014 OneCoin seemingly came out of nowhere. Ruja Ignatova was an unknown outside of China and a select group of Europeans. Sebastian Greenwood was tied to the SiteTalk share-based Ponzi scheme....
View ArticleOwner of Ju Ding Ponzi scheme arrested
When BehindMLM reviewed Ju Ding back in late 2013, we were unable to establish who was running the scheme. Links between Ju Ding and Phil Ming Xu’s WCM777 were observed, but nothing concrete on who...
View ArticleApostelos’ trial delayed till Feb, 2017 (Genesis Acquisitions)
William Apostelos ran a $70 million dollar Ponzi scheme, which branched out into MLM via Genesis Acquisitions. In November 2014 the FBI shut the scheme down. Apostelos was indicted just under a year...
View ArticleHerbalife think FTC will fine them $200 million
Personally I’m bit over following the FTC Herbalife saga… at least until we get something concrete. BehindMLM first covered a “pending law enforcement action” back in 2013, and it’s been nothing but...
View Article10x Recruiter Review: Three-tier affiliate recruitment
There is no information on the 10x Recruiter website indicating who owns or runs the business. The 10x Recruiter website domain (“10xrecruiter.com”) was registered on the 1st of April 2016, however the...
View ArticleLiberty Reserve founder sentenced to 20 years in prison
In what I believe is the first case of a payment processor founder being criminally charged since I started BehindMLM, Arthur Budovsky Belanchuk, founder of Liberty Reserve, has been sentenced to 20...
View ArticleQuick Cycler Review: $5.75 matrix cycler Ponzi
There is no information on the Quick Cycler website indicating who owns or runs the business. The Quick Cycler website domain (“quickcycler.com”) was registered on the 20th of March 2016, however the...
View ArticleJamesBux Review: $1 micro Ponzi
There is no information on the JamesBux website indicating who owns or runs the business. As per the JamesBux FAQ, only the following vague marketing pitch is given: Who we are? We are a group of...
View ArticleGo Luck Review : Resurrecting the USFIA amber Ponzi corpse
There is no information on the Go Luck website indicating who owns or runs the business. The Go Luck website domain (“ezgoluck.net”) was registered on the 14th of October 2015, however the domain...
View ArticleScott Miller violating TelexFree preliminary injunction?
Scott Miller was a top investor in the TelexFree Ponzi scheme. For his part in scamming TelexFree victims out of $3 billion dollars, a preliminary injunction was granted against Miller on February...
View ArticleSwisscoin Review: 25 to 15,000 EUR Ponzi points investment
If the name “Swisscoin” conjures up dejavu, it’s because BehindMLM reviewed “SwisCoin” back in October, 2015. Swisscoin appears to be an unrelated company, despite the near identical name. Whereas...
View ArticlePaid Rocket Review: Two-tier matrix cash gifting
“Richard Stevenson” is identified as the Founder of Paid Rocket on the company website. No information other than Stevenson’s name is provided. The Paid Rocket website domain (“paidrocket.com”) was...
View ArticleSEC accuse Faith Sloan of lying & wasting time
Back in April Faith Sloan demanded the release of $30,800, currently frozen as per a preliminary injunction granted in May, 2014. Having previously had a similar motion denied by the court, the SEC’s...
View ArticleDivvee Review: $9.95 a month for access to discounts?
There is no information on the Divvee website indicating who owns or runs the business. The Divvee website domain (“divvee.social”) was registered on the 8th of December 2015, with Allen Davis listed...
View ArticleSimply35 Review: $35 a month matrix-based recruitment
There is no information on the Simply35 website indicating who owns or runs the business. The Simply35 website domain (“simply35.com”) was registered on the 25th of February 2016, however the domain...
View ArticleFinal Filho Status Conference set for June 14th
Carrying on from our last set of updates in the Daniel Filho wire fraud case, today a report on the latest Status Conference. A Status Report filed before the conference on May 9th reveals that...
View ArticleLiberty Reserve co-founder sentenced to 10 years in prison
Following the regulatory shutdown of Liberty Reserve in May, 2013, co-founder Vladmir Kats was the first executive to enter a guilty plea. In November, 2013, Kats plead guilty to “money laundering and...
View ArticleCrowd Rising Review: MMM Global gifting clone
There is no information on the Crowd Rising website indicating who owns or runs the business. Rather than disclose management details, Crowd Rising instead only provide the following: Crowd Rising is a...
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