CryptoGain Review: BitLake Ponzi scheme rebooted

October 31, 2017 0

CryptoGain provide no information on their website about who owns or runs the company.The CryptoGain website domain (“cryptogain.biz”) was registered on October 22nd, 2017.The registration appears to contain bogus information (false address).Despite existing as of only about a week or so ago, Crypto Gain claims to have “many years of expertise”.The official CryptoGain Facebook group has one admin, Bernie Thompson.The Thompson account appears to be bogus, having only been created on or around October 26th, 2017.A UK incorporation number is provided on the CryptoGain website, which corresponds to “BitLake Limited”.BitLake Limited was incorporated on June 14th, 2017, through a retail/residential address…

Traffic Monsoon Receiver seeks to file amicus brief in appeal case

October 31, 2017 0

With both Charles Scoville’s and the SEC’s briefs filed in the Traffic Monsoon appeal case, Scoville now has the option of filing a reply brief.On October 20th Scoville requested an extension of time to file his reply, which was granted later the same day.The court gave Scoville until November 13th to file his reply. In the meantime the Traffic Monsoon Receiver appears to have sought to remove Traffic Monsoon from appeal proceedings.On October 23rd the Traffic Monsoon Receiver filed a motion for leave to file an amicus brief.Amicus briefs are filed by non-parties in an attempt to assist courts with information…

Stratxis Limited Review: Bit trading market stocks?

October 30, 2017 0

Stratxis Limited provide no information on their website about who runs or owns the business.The Stratxis Limited website domain (“stratxis.com”) was privately registered on October 9th, 2017.An incorporation number provided on the Stratxis Limited website reveals the company was incorporated in the UK on October 11th, 2017.Mikel Ross is listed as the sole Director of the company.No information on Ross outside of of Stratxis Limited’s incorporation is available however, casting doubt on whether he actually exists.Despite existing as of only a few weeks ago, on their website Stratxis Limited represent they have “five years experience”.A corporate address in London, UK is…

Coin Plus Review: Bitcoin mining and trading = 12% a day?

October 30, 2017 0

Coin Plus provide no information on their website about who owns or runs the business.The Coin Plus website domain (“coinplus.cc”) was registered on October 12th, 2017.Logan Lance is listed as the owner, with a residential address in London, UK also provided.A UK incorporation certificate is provided on the Coin Plus website.Coin Plus was incorporated in the UK as CoinPlus Bitcoin Limited on September 21st, 2017.Reece Dave is listed as the sole officer of the company, through a residential address in Manchester.In addition to Coin Plus, Lance has registered a number of HYIP website domains. He’s also registered and owns a few…

PM International Review: Nutrition, personal care & autoship recruitment

October 29, 2017 0

PM International began in 1993 as P.M. Cosmetics. Today PM International is an MLM company that operates in the nutritional supplement and personal care MLM niches.The company is based out of Luxembourg (previously Germany), and claims to be ‘one of Europe’s largest direct marketing companies in the areas of health, wellness and beauty‘.On its website, PM International claims to have “around 150,000 successful distributors worldwide”.Heading up PM International is founder and CEO, Rolf Sorg (right).As per Sorg’s PM International corporate bio;Rolf Sorg started off as a car mechanic.  He was fascinated by direct marketing and during his first three years sponsored…

Hash Income Review: Bitcoin mining = 15% daily ROI?

October 28, 2017 0

Hash Income provide no information about who owns or runs the company on their website.The Hash Income website domain (“hashincome.com”) was privately registered on October 12th, 2017.As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.Hash Income ProductsHash Income has no retailable products or services, with affiliates only able to market Hash Income affiliate membership itself.The Hash Income Compensation PlanHash Income affiliates invest funds on the promise of a 12 day ROI.invest $25 to $2500 and receive a 10% daily ROI for 12…

Bit Phoenix Solutions Review: Bitcoin trading bot = 5% to 10% daily ROI?

October 28, 2017 0

Bit Phoenix Solutions provide no information on their website about who owns or runs the business.The Bit Phoenix Solutions website domain (“bitphoenixsolutions.com”) was privately registered on October 10th, 2017.A UK incorporation number is provided on the Bit Phoenix Solutions website. Strangely enough however it’s for the company BTC World LTD, which was incorporated back in April, 2016.BTC World LTD was a Ponzi scheme launched in mid 2016. Affiliates were promised a 2% to 5% daily ROI “for life”, however the scheme collapsed within a few months.BTC World LTD was incorporated by Bogdan Kyrychenko of Ukraine.The UK address used in the incorporation…

Bitty Rain Review: Four-tier matrix cycler bitcoin Ponzi

October 27, 2017 0

Bitty Rain provide no information on their website about who owns or runs the business.The Bitty Rain website domain (“bittyrain.com”) was privately registered on October 19th, 2017.The official Bitty Rain Facebook group lists three admins; Prasanta Kumar, Jane Smith and Helina Kebede.All three appear to be heavily involved in the MLM underbelly, with various scams promoted on their respective Facebook feeds.Neither individual claims ownership of Bitty Rain, however affiliate marketing cites Jane Smith (right) as owner of the company.Ponzi schemes Smith has promoted over the past few months include Double Your BTC, Master Coin Plus and Waszupp Global.In August Smith was…

5 Dollars 2 Charity Review: Harry Heydon’s hip-pocket isn’t charity

October 27, 2017 0

5 Dollars 2 Charity provide no information on their website about who owns or runs the business.The 5 Dollars to Charity website domain (“5dollars2charity.com”) was registered on February 24th, 2017.Harry Heydon is listed as the owner, with an address in Gauteng, South Africa also provided.On Facebook Heydon (right) cites himself as Senior Paster and Founder of Peniel Ministries.Heydon also claims to be a ‘successful Internet entrepreneur and published author of Online income publications‘.In addition to 5 Dollars 2 Charity Heydon also runs Heydon Global, a 2×9 matrix gifting scheme.On the Heydon Global website, Heydon claims 5 Dollars 2 Charity uses “the…

Infinity2Global criminal trial scheduled for Jan, 2019

October 26, 2017 0

Following a “complex case” designation, the Infinity2Global trial was put on hold pending a filed joint litigation plan.On October 6th that plan was filed, with Judge McKinley signing off on the proposed dates on October 26th.As per Judge McKinley’s order, scheduled trial related dates are as follows;final pre-trial conference on 14th November, 2018jury trial on 7th January, 2019Infinity2Global owner Richard Maike, his wide Angela Leonard-Maike and top affiliate investors Doyce Barnes, Richard Anzalone, Faraday Hosseinipour, Dennis Dvorin and Jason Syn, were indicted on one count of conspiracy to commit mail fraud and eight counts of money laundering back in June.Since our last update…