Payza’s Firoz Patel and wife pursued for millions in unpaid taxes

May 21, 2018 mlmdetective 0

In addition to being a wanted fugitive on the run from money laundering charges in the US, Payza co-founder Firoz Patel is also in trouble with Canadian authorities.According to a May 20th report by the Montreal Journal, Firoz and his wife Nazlin Patel owe the Revenu Quebec $14 million CAD in unpaid taxes ($10.8 mill USD).
In an attempt to recover the outstanding tax bill, Revenu Quebec won a judgment against the Patel’s Montreal residence.
The property is valued at over $2 million CAD and is part of Revenu Quebec’s attempts to recover $3.5 million owed by Nazlin Patel.
Patel is believed to dodged…

Nerium class-action pyramid lawsuit claims affiliates are unpaid employees

May 21, 2018 mlmdetective 0

On May 16th John Harris filed a lawsuit against Nerium International, Jeff and Renee Olson and several John Does.In the proposed class-action suit, Harris argues that as Nerium affiliates (Brand Partners), he was in fact employed by the company.
Throughout the course of the alleged employment, Harris claims he and his fellow Nerium affiliates are ‘denied proper classification as to employee status, as required by California law‘.
Nerium International is described as an “ever-growing pyramid” in Harris’ complaint.
It is alleged that Defendants sell their products to the Nerium “brand partners,” such as Plaintiff, who are supposed to recruit multiple, new Nerium brand partners.
Any new…

Holiday break…

May 19, 2018 mlmdetective 0

I think it’s been about four years since I took my last proper holiday break from BehindMLM.Anyway I’m due for a break to recharge the batteries.
Cell phones these days means I won’t be offline but reviews will resume around next Wednesday.
Comments will go live as normal and If there’s any breaking news I’ll still be able to cover it. We should be right though, it’s been pretty quiet the last few weeks.
Thanks for the ongoing support and readership! See you in a few days.
Let’s block ads! (Why?)

Tradeco Global Review: “Damn experts” promise 211% bitcoin ROI

May 18, 2018 mlmdetective 0

Tradeco Global provide no information about who owns or runs the company on their website.The Tradeco Global website domain (“tradecoglobal.com”) was privately registered on March 23rd, 2018.
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.
Tradeco Global Products
Tradeco Global has no retailable products or services, with affiliates only able to market Tradeco Global affiliate membership itself.
The Tradeco Global Compensation Plan
Tradeco Global affiliates invest bitcoin on the promise of a 211.5% ROI in 261 days.

Basic – 0.1 BTC
Starter – 0.3 BTC
Advance – 0.5 BTC
Elite…

NHT Global Review: Pay to play vaginal lubrication

May 17, 2018 mlmdetective 0

NHT Global was launched in 2001 by founder Terry LaCore.as Lexxus International.NHT Global is a subsidiary of National health Trends Corp. and operates in the health, nutrition and personal care MLM niches.
Both companies are based out of California in the US.
Heading up NHT Global is President Chris Sharng (right).
As per Sharng’s National Health Trends Corp corporate bio;
Mr. Sharng was appointed President of NHTC in February 2007.
He previously served as Executive Vice President and CFO of NHTC from August 2004 to February 2007, and during that time he also performed functions of the principal executive officer.
Prior to NHTC, Mr. Sharng held management…

MasBitcoin CEO’s bodyguards gunned down in Mexico

May 16, 2018 mlmdetective 0

Disturbing footage has emerged of MasBitcoin CEO Jorge Sanchez in what appears to be a bulletproof vest.Visibly shaken and covered in blood, Sanchez reveals two of his bodyguards are dead and vows revenge.
MasBitcoin emerged in mid 2017 and operated as your typical MLM cryptocurrency scam.
MasBitcoin affiliates invested bitcoin on the promise of a 5% daily ROI for 40 days (200%).
Pyramid referral commissions were also paid directly and residually through binary and matrix teams.
New investor funds appear to have slowed down in early 2018, prompting MasBitcoin to collapse.
Sometime in February, possibly early March, MasBitcoin informed investors it was shutting down.

Dear users
We are writing…

119 OneCoin arrests in China, $7.1M of Greenwood’s funds frozen

May 16, 2018 mlmdetective 0

Putting to shame the endless parade of warnings issued elsewhere in the world, Chinese authorities have made another 119 OneCoin related arrests.Public court documents have also detailed the recovery of a large sum of money stolen from OneCoin victims, including $7.2 million stashed in a bank account belonging to Sebastian Greenwood.
Authorities in China’s Hunan province began investigating back in 2016. Yesterday authorities in Hunan released information pertaining to another one hundred and nineteen arrests.
Since their arrest, each of the arrested suspects have confessed to participation in OneCoin as an investor. Two of the arrested suspects have already been sentenced to more…

NasdaCoin Review: NSD points ICO lending Ponzi scheme

May 15, 2018 mlmdetective 0

In their published whitepaper, NasdaCoin identify John Baptist as co-founder of the company.Baptist’s Facebook profile states he’s originally from Brazil but currently resides in Suriname, South America.
The other NasdaCoin co-founders are not named. Recent posts on Baptists’ Facebook profile however suggest they may be based out of Dubai and/or Thailand.
John Baptist (right) appears to have a long history within the MLM industry.
I was able to tie him to Jeunesse, as well as the DFRF Enterprises, Game Loot Network, SwissGolden and 4 Corners Alliance Group scams.
Baptist may also have invested in the iPro Network and BitConnect Ponzi schemes.
NasdaCoin marketing material cites Baptist as…

Ominto (Dubli) to delist itself from Nasdaq

May 15, 2018 mlmdetective 0

In a May 14th press-release, Dubli (trading as Ominto) has announced it will voluntarily delist itself from the Nasdaq Capital Market.The official reason for the voluntary delisting is ongoing non-compliance with regulatory filing requirements.
The Company’s decision to withdraw its common stock from listing on the Nasdaq Capital Market is due to the fact that the Company has been unable to timely file its periodic reports for the fiscal year ended September 30, 2017, and the quarter ended December 31, 2017.
As previously disclosed, on each of January 3, 2018, February 22, 2018 and March 1, 2018 the Company received a letter from Nasdaq indicating that the Company is not in compliance…

World Cryptocurrency 101 Review: Automated crypto trading signals

May 13, 2018 mlmdetective 0

World Cryptocurrency 101 (abbreviated as WCC101), provide no information on their website about who owns or runs the business.Two addressed in Ontario are provided, one a condo in Mississauga and the other a skyscraper in Windsor.
The WCC101 website domain (“wcc101.com”) was registered on March 26th, 2018.
Scott Phounpadith is listed as the owner, through yet another address in Windsor, Ontario.
According to his LinkedIn profile, Phounpadith (right) works as an “Independent Software Developer” for the University of Windsor.
Phounpadith’s Intagram profile cites on of his interests as “crypto”, however I was unable to find any specific MLM history.
Thus it appears WCC101 is Phounpadith’s first…