Monat Global Review: “Naturally-based” hair care products

February 13, 2018 0

Monat Global launched in late 2014 and operates in the personal care MLM niche.The company is owned by the Alcora Corporation, who are based out of Florida in the US.According to the Alcora corporation, the company was initially founded in 2001 as L’EUDINE Global.L’EUDINE Global, was originally established in 2001 as a direct sales company specializing in beauty and wellness with offices in Maracaibo, Venezuela and Miami, Florida.In 2008 we embarked on to another level of fruition in the United States, expanding into a broader conglomerate of brands and transitioning with a new corporate name, Alcora Corporation.The name L’EUDINE now refers exclusively to the…

Infinity2Global motion to dismiss criminal case denied

February 12, 2018 0

Last June a grand jury returned an indictment against Richard Maike, his wife Angela Leonard-Maike and affiliates Doyce Barnes, Richard Anzalone, Faraday Hosseinipour, Dennis Dvorin, Jason Syn.I’d been following Richard Maike’s case docket and while I was aware the other defendants had separate case dockets, assumed they’d be consolidated.Turns out that’s not the case, so I only just found out about a motion to dismiss being denied.The Infinity2Global indictment stems from an alleged $25 million dollars in fraud that primarily benefited the indicted defendants.On September 26th defendant Doyce Barnes filed a Motion to Dismiss for Failure to State an Offense.Defendants Richard Anzalone…

Diamond Reserve Review: Gem stones = 140% ROI in 20 days?

February 11, 2018 0

Diamond Reserve provide no information on their website about who owns or runs the business.The Diamond Reserve website domain (“diamondreserve.net”) was registered on December 12th, 2017.Keaton Brooks is listed as the owner, through a residential address in London, UK.Brooks is also listed as the sole Director of Diamond Reserve Group Limited, a UK company incorporated on November 28th, 2017.No information on Keaton Brooks in connection with Diamond Reserve exists outside of the domain registration and UK incorporation.UK incorporation is dirt cheap and for the most part unregulated. It is a favorite for scammers looking to incorporate dodgy companies.It is far more…

FutureCash Review: FCH points ICO lending Ponzi scheme

February 11, 2018 0

FutureCash provide no information on their website about who owns or runs the business.The FutureCash website domain (“futurecash.io”) was privately registered on December 2nd, 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.FutureCash ProductsFutureCash has no retailable products or services, with affiliates only able to market FutureCash affiliate membership itself.The FutureCash Compensation PlanFutureCash affiliates acquire FCH points from the company’s anonymous owners.FCH points are sold to FutureCash affiliates for $1 each.Once acquired, FCH points are “lent” back to FutureCash on the promise…

ThornCoin rename lending to “long-term staking”, same Ponzi model

February 11, 2018 0

Y’all know those collapsing ICO lending Ponzi schemes that have pretty much dominated the MLM underbelly of late?Yeah, those scams that tons of people have lost money in. Well, turns out the problem isn’t they’re all just Ponzi schemes, rather it’s just a branding issue.Leading the pack with a new generation of the ICO lending Ponzi model is ThornCoin, and you’re not going to believe what they’ve come up with.Having already launched with an ICO lending Ponzi model a few weeks ago, ThornCoin was well aware of the writing on the wall.Pretty much every ICO lending Ponzi scheme launched over the…

EtherLend Review: ELEND points ICO lending Ponzi scheme

February 10, 2018 0

EtherLend provide no information on their website about who owns or runs the business.The EtherLend website domain (“ehterlend.org”) was privately registered on November 25th, 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.EtherLend ProductsEtherLend has no retailable products or services, with affiliates only able to market EtherLend affiliate membership itself.The EtherLend Compensation PlanEtherLend affiliates acquire ELEND points from EtherLend’s anonymous owners.ELEND points are sold to EtherLend affiliates for 10 cents to 30 cents each.$100 is the minimum amount of ELEND points that…

Ryna Holdings Review: Financial trading & stocks = 620% annual ROI?

February 10, 2018 0

Ryna Holdings provide no information on their website about who owns or runs the business.The Ryna Holdings website domain (“ryna.holdings”) was privately registered on August 21st, 2017.Provided on the Ryna Holdings website is a UK incorporation for Ryna Holdings Group Limited.Ryna Holdings Group Limited was incorporated in the UK on October 2nd, 2017.The address used to incorporate the company is a block of apartments in London.Sonia Turkovic is listed as the sole Director of Ryna Holdings Group Limited, via the same London address.No information outside of the Ryna Holdings Group Limited incorporation ties Turkovic to the company.Whether Turkovic actually exists or not…

Fifth BitConnect class-action lawsuit filed in Florida

February 9, 2018 0

We’re still yet to see anything official from authorities, but in the meantime another BitConnect class-action suit has been filed in Florida.Plaintiffs Andrew Kline, Dusty Showers, Lena Huna, and Charles Mabra are BitConnect victims.The amount each of the Plaintiffs invested is not disclosed.BitConnect, BitConnect LTD, BitConnect International PLC and BitConnectTrading LTD, Glenn Arcaro, Ryan Maasen and Joshua Jeppesen.According to the class-action, Glenn Arcaro isan active Director of BitConnect International PLC.Arcaro served BitConnect by managing a team of U.S.-based affiliates/recruiters.He also served one of the most successful affiliate/recruiters for BitConnect, himself soliciting hundreds, if not thousands, of BitConnect investors in the United States…

Bit Cash Mine Review: Neuro emotional coach launches Ponzi scheme

February 9, 2018 0

Bit Cash Mine operate in the MLM cryptocurrency niche and are purportedly based out of Guadalajara, Mexico.I say purportedly because, while an address in Guadaljara is provided on the Bit Cash Mine website, it doesn’t appear to be complete.Cited as CEO of Bit Cash Mine on its website is Jhon Romero (full name: Jhon Jhaider Romero Montoya).On his personal website Romero (right) bills himself as a “neuro emotional coach”.According to his Facebook profile, Romero is based out of Pereira, Colombia. This appears to actually be where Bit Cash Mine is operated from as opposed to Mexico.As far as I can tell, Bit Cash Mine…

Vortex Profits Review: Bitcoin mining and gold & oil trading Ponzi

February 9, 2018 0

Vortex Profits operate in the financial MLM niche.The company claims to be headed up by CEO Griffin Wrights.Other than generalities provided on the Vortex Profits website, there is no information available on Wrights.This raises the question of whether he actually exists.In an attempt to feign legitimacy, Vortex Profits provide an Irish incorporation number on their website.The number corresponds with Vortex Profits Limited, which was incorporated on September 15th, 2017.The address used to incorporate Vortex Profits Limited belongs to Company Formations International, who provide incorporation services for Ireland on their website.Thus it appears Vortex Profits exists in Ireland in name only. And…