NetQube Review: NQsocial social network e-commerce & recruitment

April 6, 2018 mlmdetective 0

NetQube operate in the social network MLM niche and are based out of Louisiana in the US.At the time of publication the “Our Team” section of the NetQube website is non-functioning.Further research reveals NetQube affiliates naming Dan Wolfanger (right) as CEO of the company.Prior to NetQube Wolfanger was promoting Divvee. He appears to have left the company sometime in the second half of 2017 (the NetQube website domain was registered in September, 2017).Read on for a full review of the NetQube MLM opportunity.NetQube ProductsAs at the time of publication there are no retailable products or services on the NetQube website.The NetQube…

Scoville attempts to delay Traffic Monsoon case with appeal merger

April 6, 2018 mlmdetective 0

About a week before oral arguments were heard in the original preliminary injunction appeal, Charles Scoville filed a second appeal.Following the filing of a motion requesting both appeals be merged or his second appeal stayed, it appears the plan is to further delay proceedings.Scoville’s second appeal was filed against an order amending the Receiver’s role in the first appeal.Despite the order simply clarifying that the Receiver isn’t to represent Traffic Monsoon as an entity in the appeal, Scoville has used it as a platform to file a new appeal against the preliminary injunction.This would see Scoville present the same arguments that…

Bravad0 Review: BRV ICO “Bot Rewards Program” lending Ponzi

April 5, 2018 mlmdetective 0

Bravad0 provide no information on their website about who owns or runs the business.The Bravad0 website domain (“bravad0.com”) was privately registered on March 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.Bravad0 ProductsBravad0 has no retailable products or services, with affiliates only able to market Bravad0 affiliate membership itself.The Bravad0 Compensation PlanBravad0 affiliates invest in pre-generated BRV points on the representation of an eventual ROI.Bravad0’s anonymous admins sell BRV points to affiliates for 50 cents to 90 cents each.Once acquired, BRV…

Good Time Life Review: UTA altcoin pump and dump points

April 5, 2018 mlmdetective 0

Good Time Life launched in mid 2017 and operate in the cryptocurrency MLM niche.The company is headed up by founders Linda Hong and Alex Lee, who both run the company as CEOs.No additional information about either CEO is provided, nor does the Good Time Life website provide any contact information.The Good Time Life website domain (“goodtime.life”) was privately registered on October 25th, 2016.Marketing material suggests Hong and Lee are based out of Seoul, South Korea (major cringe warning):[embedded content]It is highly likely that Korea is also where Good Time Life is being operated from.Why this information is not provided on the…

Amit Bhardwaj arrested in Thailand, fled Dubai after faking heart attack

April 4, 2018 mlmdetective 0

Following a hunt that began in January, Gain Bitcoin’s Amit Bhardwaj has been arrested in Thailand.How Bhardwaj evaded arrest has the trappings of a Jason Bourne movie.After scamming people out of an estimated $300 million through Gain Bitcoin and GB21, Bhardwaj purportedly fled India on an African diplomatic passport.How Bhardwaj (right) obtained the passport is unclear, but he used it to hide out in Dubai until late March.As Indian authorities closed in Bhardwaj faked a heart attack, which somehow enabled him to escape Dubai to Thailand on March 30th.Working with their Thai counterparts, Indian authorities were then able to apprehend Bhardwaj in…

OneCoin still banned in Italy, claims Italian Consumer Center

April 4, 2018 mlmdetective 0

Last month we reported on the lift of a ban that prevented OneCoin from operating in Italy.That article was based on a 19th February published decision, which suggested that both the suspension and 2.5 million EUR issued fine had been rejected by the  Regional Administrative Court (Sixth Section).In an April 4th article titled, “OneCoin allowed again – hardly!”, the Consumer’s Center for South Tyrol (Vzs) now claims only the fine was suspended.Vzs’ article opens by quoting OneLife’s own article on the decision, titled “The Italian market is open again”.It then goes on provide a timeline of what happened after OneCoin was declared…

eXeR VIP Club Review: Viridi Coin “medical marijuana” pump & dump

April 4, 2018 mlmdetective 0

eXeR VIP Club provide no information on their website about who owns or runs the business.The eXeR VIP Club website domain (“exervipclub.com”) was privately registered on May 31st, 2017.A diagram on the eXeR VIP Club website suggests its parent company is eXeR Canaplus Ltd:A certificate provided on the eXeR VIP Club website suggests eXeR Canaplus Ltd. was incorporated in the British Virgin Islands on December 28th, 2017.As the above diagram shows, eXeR Canaplus Ltd. operates as a separate company from its own website domain.The eXeR Canaplus Ltd. website domain was registered on November 2nd, 2017.Daniel Pasetti of Fides Invest AG is listed as the owner,…

Lyoness changes its name to “myWorld”, will regulators fall for it?

April 4, 2018 mlmdetective 0

First there was Lyoness.Then, during an investigation by the Norwegian Gaming Board, Lyoness split the MLM side of the business into Lyconet.Based on a ton of marketing material and confusion Norway concluded that, while Lyoness had operated as a pyramid scheme, after splitting up the pyramid issues had been addressed.Hardly. Through Lyconet, Lyoness continued it’s long-running accounting unit Ponzi scheme.Amid ongoing regulatory issues across Europe, Lyoness was dropped for “Cashback World”.Cashback World operates from the Lyoness website, however Lyoness branding has been completely removed and mention of the brand is kept to a minimum.Lyconet still seems to be operating and continues…

USI-Tech bail on US and Canadian investors…. again?

April 4, 2018 mlmdetective 0

Following confirmation its BTC Packages were unregistered securities, USI-Tech announced it was abandoning the US and Canada back in early January.Turns out that was baloney, with USI-Tech once again announcing it is abandoning the US and Canada a few days ago.In a communication to investors on or about April 2nd, USI-Tech wrote;We regret to announce that USI-TECH will no longer operate in the US and Canada due to active participants continuously promoting our products and services incorrectly.With immediate effect we will no longer accept new registrations or purchase of products and services within these jurisdictions.Back in January USI-Tech cited how affiliates…

Elepreneurs Review: Pointless Elevacity reboot?

April 3, 2018 mlmdetective 0

The first thing I noticed upon visiting the Elepreneurs website was mention of Elevacity.Both companies are operated out of Texas, were founded by Rob Oblon and share the same logo branding.BehindMLM reviewed Elevacity in 2015 and concluded that if retail was focused on, the travel-based business opportunity showed potential.Unfortunately that doesn’t seem to have happened, with Elevacity dropping off into obscurity until a few months ago.Alexa traffic estimates show the same February, 2018, growth curve for both the Elevacity and Elepreneurs websites.As of May, 2017, both Elepreneurs and Elevacity are operated through parent company Sharing Services Inc.As of March 1st, 2018,…