MBI International Review: Recruitment & GRC units
Before we get started, I have to clarify that MBI International the MLM opportunity do not operate from “mbiinternational.com”. This appears to be an unrelated entity. MBI International the MLM...
View ArticleOneCoin acquires collapsed BNG International pyramid scheme
BNG International rose to prominence in early 2015, following the collapse of the Wish Club Ponzi scheme. Modeled on the $1.8 billion dollar Ponzi scheme TelexFree, Wish Club itself was a reboot of the...
View ArticlePedro Fort owns $1.2 million Miami mansion (Fort Ad Pays)
Last month saw the collapse of Fort Ad Pays, a Ponzi scheme launched by Pedro Fort in 2014. Now an investigation into Pedro Fort by El Pais has, among other things, uncovered Fort owns a $1.2 million...
View ArticleTravelor Review: $1500 SEO course & travel
There is no information on the Travelor website indicating who owns or runs the business. The Travelor website domain (“travelor.me”) was registered on the 3rd of May 2015, with Yossi Cohen of “V....
View ArticleOneCoin seize Ponzi points from investors (again)
According to the OneCoin website, the company pitches its transparency as a major selling point. We are open and honest in our dealings. OneCoin wants to make cryptocurrency transparent, and part of...
View ArticleBrazilian authorities execute iFreeX search warrants
In what is either the mother of all coincidences, or proof Sanderley Rodrigues was running the scheme, the iFreeX website went offline within days of Rodrigues’ arrest for visa fraud. Over a year since...
View ArticleFTC send out $9 million to Pure Health consumers
Lindsey Duncan, founder of Genesis Pure, was last year fined $9 million by the FTC. The fine was the result of Duncan’s acts and practices mislead the public into believing that he is disseminating...
View ArticleBurks’ request to cherry-pick jury denied
The “Paul Burks filing everything he can in order to delay proceedings” circus continues. The latest sees Burks’ request an evidentiary hearing, pertaining to ‘the government’s seizure and handling of...
View ArticleTrustee clawbacks on hold till Merrill’s criminal trial
Back in April the TelexFree Trustee filed a host of clawback adversary proceedings against TelexFree insiders. The Trustee was required to commence the Adversary Proceeding before the Criminal Action...
View ArticleQ Sciences Review: Brain & central nervous system formula
Q Sciences launched in 2013 and are based out of Utah in the US. Heading up the company is Founder, President and CEO, Daren Hogge. As per Hogge’s Q Sciences corporate bio; In his 28 years in the...
View ArticleOneCoin charging 7236 EUR for a 550 EUR tablet
OneCoin are currently representing to affiliates in their backoffice that the value of OneCoin is €6.23 EUR. If you’ve bought into the fantasy that centralized Ponzi points will ever be publicly...
View ArticleAvalon Life Review: Recruitment, mining & AVLX coins
Avalon Life claim to be incorporated in Costa Rica as “Avalon Life AG”. The company is headed up by Tom Koller (right), who serves as CEO and CTO. On his LinkedIn profile Koller lists his location as...
View ArticleDynamico Review: Energy drink and weight loss
Dynamico was founded in April 2016. The company does not provide any information on its website suggesting where it is being operated from. Identified as founders of Dynamico on their website are...
View ArticleClub Cornerstone Review: Grey area e-commerce platform
Club Cornerstone operate in the e-commerce MLM niche and is headed up by Tom Kudirka, who serves as Club Cornerstone’s CEO. A corporate address in the US state of Nebraska is provided on the Club...
View ArticlePTCHits4u Review: $1 in, $1.50 out ad-credit Ponzi scheme
PTCHits4u initially launched as a Ponzi scheme back in May, 2011. Micro investments of $1 and $2 were made by investors, with PTCHits4u offering 125% to 200% ROIs. PTCHits4u does appear to have...
View ArticleOneCoin acquires Bonofa pyramid scheme
Bonofa launched in mid 2013 an MLM opportunity attached to the Cube7 social network. Cube7 failed to take off, with Bonofa by and large functioning as a chain-recruitment pyramid scheme. Bonofa...
View ArticleQM Matrix Review: Six tier matrix-based cash gifting
There is no information on the QM Matrix website indicating who owns or runs the business. The QM Matrix website domain (“qmmatrix.com”) was registered on the 31st of May 2016. Ivan Tezak of...
View ArticleMastercard denounce OneCoin, US event in Chicago
One of the big selling points for OneCoin up until March was the issuing of OneCoin branded Mastercard debit cards. For the short time they were available, OneCoin affiliates could transfer withdrawal...
View ArticleOneCoin investors arrested in Bangladesh
Following an investigation by the Dhaka Metropolitan Police (DMP) Counter Terrorism Unit, two OneCoin investors have been arrested in Bangladesh. For those unfamiliar with the country, Bangladesh is a...
View ArticleVemma still losing money, losses in decline
Vemma’s second quarter report for 2016 was filed on June 20th. The good news? Net losses are on the decline and there might light at the end of the tunnel yet. Month on month, March to April 2016 saw...
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